I'm very calm, although every once in a while I do get a tad bit perturbed by blind faith overcoming rational thought, as I have seen quite a bit on this board. By the way, here is the answer I got from HITT PR - (by the way, why are they paying AOL for internet access when they have their own search engine?)
Please, carefully review past and recent news announcements. Due diligence
is the cornerstone of investing. Thanks for your inquiry and feel free to
contact us if you have any further questions.
Among other questions I asked were:
Have the existence and worth of the LFT assets been verified to Hitt's, or any one else's satisfaction by an independent appraiser? Is this the reason that no reserve has been placed against the receivable from LFT on the Hitt financials?
Why would LFT pay enormous amounts for Hitt stock when it can currently be purchased at under $4 {now it's a chunk less than that}
I can't find the answer to these questions in ANY Hitt press release. Can anyone else? ANYONE. Also interesting to note that Hitt did not refer me to the financial statements or other SEC filings they've made, only the press releases. Calmly, I ask you to figure this one out. Or, you can repost the June press release which contains nothing of significance, or the recent one that Hitt released twice. Or you can simply say, "Ask them". I tried, didn't work. Now you ask them if you feel these questions might have a bearing on a reasonable investor's investment decision. |
