Replies to post #6099 on Harvey-Westbury Corp. (fka HVYW)

[Risicare]

I don't see why they would go to the trouble of cutting the O/S in half, only to dilute 30 days later.


Those shares that were cut came from the sole employees/managers and were not even able to be sold except in small amounts. They have no relation at all to the company stock sales.
They issue masses of convertible debt which gets converted and dumped. Sales were more than cut in half this year compared to last (as per last OTC filing) and the O/S nearly tripled. Alongside that the authorized was bumped to nearly a billion which pretty much tells you where things are going.
This company is nothing more than a couple guys selling convertible debt. Nothing is manufactured, there are no sales people, no contracts, no patents or trademarks. They don't even sell their own product on the net. Of course the TA is gagged as well so if you want to know the O/S then you have to phone and ask Eugene or Eugene for it. You can be pretty sure the outstanding is increasing due to the situation(massive debt and few sales), history(constant cheap convertible debt issued), 4320 flag (that happens when folks sell before the stock has made its way through)and the gagged TA.