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Microcap & Penny Stocks : HGRM--Any Followers?

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To: Ted M who wrote (2737)6/18/1999 3:53:00 AM
From: ksuave  Read Replies (2) of 3576
 
I appreciate your posts, Ted, and I must be wearing some kind of funny glasses myself, as I still hold a chunk of HGRM, though a smaller one than I did a few weeks ago. There are just too many other opportunities out there, I decided, to let a lot of my money wallow in wait for Kevin's sweet time to come around. My complaint and impatience has actually been directed less at the company than it has been aimed at the contributors to this board who persistently celebrate the "magnitude" of HGRM's potential when the company itself offers only the minimum.

I said "No news is bad news" because the company has announced, I've forgotten how many times, that the audit would be released and it would begin the process of becoming a fully reporting and listed company within the next 2 weeks, 6 weeks, as soon soon as it's signed off, and every time it doesn't met its own projections it loses credibility.

Despite this loss of credibility, I'm willing to continue to believe in the veracity of the $130m contract with Russia (thanks largely to the verification you uncovered), but I fail to find any glee or proof of increased magnitude in every article published about theft and drunkeness in Russia. When the company begins to meet its responsibilities as a public company, then it might seem reasonable for us to fantasize about even greater growth than the company itself has promised us, but as long as it cannot even meet its own basic projections, then we as shareholders have a right and responsibility to ourselves to be concerned about the viability of our investment.

Finally, it is true that Leslie Tack and I are not the same, and I wish it to be known that I am a vodka man myself and am capable of my own deliriums. HGRM has not, however, fulfilled the basic requirements to currently be included amongst them.

I'm going to bed now. Stay healthy,

Richard
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