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Technology Stocks : HISC -- Homeland Integrated Security Systems Inc.

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To: crk74 who wrote (333)6/22/2005 1:44:15 PM
From: rrufff   of 1970
 
Here's a good follow up post via Ihub -mindoc

Post by 'kruy' on RB....

By: kruy
22 Jun 2005, 12:50 PM EDT
Msg. 6421 of 6419

Just spoke to Matt Mcquire: He said this placement was started last October and was recently finished up. It does not affect the O/S or float in any way and it remains the same as it had been accounted for already last October.

I was a little concerned as I thought this might have been a new placement and I was confused as to why they would issue shares after retiring and buying back shares, but he assured me that was not the case.

Bottom line, O/S remains the same (somewhere around 450M) and float remains the same as this does not contradict the retirement or buyback of shares..looks like we are in pretty good shape here.

If anybody else has concerns like I did, I encourage you to call Matt Mcquire @ 407-884-0444. eom
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