JohnD, in regards to an update with HQNTe:
I imagine some are getting impatient over the "e" and others perhaps are not yet grasping the progress the company has made (i.e. quality new management, products, and profitability). Although the "e" is a valid concern, to my knowledge current management has always filed with the SEC within the 30 day window afforded by the "e", which was added on April 22nd, as I recall. Obviously it is in their own best interest to do so, and rest assured that they are well aware of that.
The annual audited financials are complex and will likely contain a lot of good (and much more fresh data) with which people can make a useful determination of the progress the company has made lately.
I think people want to see details of the $1,000,000 Net Income from Operations as announced in a recent Press Release and really go over the numbers and data in the audited report. I belive many potential long term investors are conservative and careful in doing due diligence and that is as it should be.
Also, the market is weak and lackluster again today as well. I am hoping the Chicago Purchaser's and ISM report Tuesday and Wednesday will kickstart the market.
FYI / RAGING BULL POSTING:
FYI/All --- Here is some recent information I posted yesterday on RagingBull. I will not be posting over there much, but thought it best to at least address the people over there and share it here.
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INFORMATION FOR NEW INVESTORS
I am providing some information for those who are interested in doing some due diligence. I will rarely be posting on RagingBull as I find their policy of allowing people to create unlimited FREE MULTIPLE aliases to be a poor one. It essentially allows one person to create several aliases and make it appear as if several people are posting. This, too me, renders RagingBull nearly worthless except for those posts which make reference to facts that are in the public domain such as SEC filings, Press Releases, and information on a company's website.
In the opinion of many, because of severe penalties, it is far more likely for a company to tell the truth in public declarations than it is for a nameless, faceless Internet poster to do so. That is not to say that some valuable information might not be shared, but one must be especially careful, says the SEC. For someone to post and not disclose that they are being compensated to do so or may be using more than one alias is unethical, if not illegal.
BTW -- one can short penny stocks from Canada and elsewhere, I understand, so the claims made by some here and elsewhere that people with ulterior motives may be posting on message boards denegrating Companies is certainly something to consider. Again, on RagingBull, multiple, free aliases can be set up. Of course, the possibilty also exists that some people are "hyping" stocks, too, but if we all maintain a practice on trusting no one and doing our own analysis of the facts,
the danger from an Internet poster with a hidden agenda largely becomes moot.
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Here's some pertinent facts about H-Quotient.
** H-Quotient has recently added some people with impressive backgrounds, namely Dr. Laipply, noted scientist, and Larry Burden, former Senior VP and CIO of Freddie Mac, a major corporation.
** H-Quotient has also recently announced very good financial performance and expectations. In a recent Press Release (see below) they declared 2001 Net Income from operations in excess of $1,000,000. They have also announced an expectation of $5,000,000 Net Income from sales of LabQuotient within its first 12 months of sales.
This would represent EPS (earnings per share) of 20 cents on this one product over the 12 month period if these expectations are realized (i.e. PE = $5M net income divided by 25M shares O/S = .20 cents EPS, if my math is right). While this is certainly not a guarantee of performance, the numbers, if realized, are rather impressive for a stock priced under $3.00 let alone $1.00.
The Company currently has an "e" indicating that their annual audited filing is late in being filed with the SEC. Under current management to my knowledge, the Company has always filed within the 30 day buffer zone represented by the "e". The NASD will remove the "e" as soon as the filing to the SEC is made. I verified that myself. The audited annual filing is complex and will contain a great deal of information for all to conduct additional Due Diligence. BTW -- I made an error in trying to "guesstimate" earlier when it would be filed. I will no longer do that. It is out when it is out. Again, they have always met the 30 day window in the past.
QUICK SUMMARY
1) Profitable
2) Recent New Experienced Management Added
3) A New Product Expected to Dramatically Increase Sales
4) Annual Audited Financials Coming.
ASK FOR A SHAREHOLDER PACKET:
Email: igi@wans.net
Phone: 1-703-821-3434
ADDITIONAL INFORMATION AND COMPENSATION DISCLOSURE --
I am being compensated in one year restricted stock, meaning the stock is not saleable until at April of 2003. I am fulling disclosing that I also own less than 10,000 shares that I bought on the open market between 57 and 74 cents.
I post on siliconinvestor.com at times, a popular pay site, and you can view for free if desired. Can I be trusted since I freely admitted that I am being compensated, when I could have hidden that fact? You decide, that's part of your D.D. All I can do is attempt to deal with facts that have been disclosed by the Company in a manner acceptable by Regulation FD, as per the SEC. I will rarely deal in speculation or post opinion, as that does not provide a sound basis for anyone to invest or not invest. Again, do your own D.D. and do what the SEC says, trust no one on any message board. All must decide for themselves whether quality of management, financial performance, and quality of products makes H-Quotient a good investment at current pricing. While I am very positive on the Company's potential, everyone must form their own opinion.
COMPANY BACKGROUND
H-Quotient, Inc. is a publicly traded company that creates and produces state-of-the art computer software systems that collect and act upon real-time information critical to improving the delivery of healthcare. They have also recently announced the acquisition of a healthcare distribution business expected to immediately accretive to earnings (see PR link below) Company Website: hquotient.com
Their Products
hquotient.com
Significant New Management
** Larry Burden, a former Senior V.P. and CIO of Freddie Mac, has been appointed as VP of Operations to market their medical products, including LabQuotient, which they announced publicly should add $5M Net to their bottom line. (PR link below)
** Dr. Laipply, Nichols Institute at Quest Diagnostics, has also joined H-Quotient as Chairman of the H-Quotient, Inc., Scientific Advisory Board. (PR link below)
QUICK FACTS
-- please conduct your own Due Diligence
** Two year high/low: $7.00+ to .16
** Shares O/S = 23-25M+/- (12M float) – approx
** Recent Chart
bigcharts.marketwatch.com.
RECENT DEVELOPMENTS
** Announced unaudited net earnings from operations in excess of $1M; (See PR link and more info below). Also mentioned the "e" for the late filing and discussed its removal. Current symbol: HQNTE.
** Announced $5M Projected "Net" for LabQuotient (see PR below)
** Announced recent acquisition of a healthcare distribution business that the company expects to have an immediate accretive impact on earnings. (see PR link below)
** Added two high quality team members recently (who presumably did their own DD on the company)
(1) Dr. Thomas Laipply, Dir. of Molecular Tissue Pathology, Nichols Institute at Quest Diagnostics (see recent PR's below) and his share purchases in the open market.
(2) Laurence Burden, V.P. of Operations, to help market HQNT’s medical software products. Look at his resume (from recent PR below)
- "As corporate VP and Chief Information Officer (CIO) and member of the turnaround team, he helped make possible the $2.3 billion sale of Firestone to Bridgestone" Also, "As Senior VP and CIO of Freddie Mac, he redesigned its computer systems and financial engineering systems, providing the basis for hundreds of millions in revenues and savings."
FILING INFO AND RECENT NEWS
Please verify yourself these and other figures below by viewing all the current filings at: siliconinvestor.com and especially the new filing when it comes out.
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H-Quotient, Inc., Announces Record Annual Earnings (and the "e")
VIENNA, Va., Apr 19, 2002 /PRNewswire-FirstCall via COMTEX/ -- H-Quotient, Inc., (OTC Bulletin Board: HQNT chart, msgs) announced earnings from operations in excess of 1,000,000 for the year ending December 31, 2001, compared with losses in every prior year. Additional earnings were recorded from investments through our subsidiary Quotient Capital Corporation.
siliconinvestor.com
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H-Quotient, Inc., Announces LabQuotient; $5 Million Net Projected
VIENNA, Va., Mar 25, 2002 /PRNewswire-FirstCall via COMTEX/ -- H-Quotient, Inc., (OTC Bulletin Board: HQNT chart, msgs) and Dr. Thomas C. Laipply, MD, FCAP, FIAP, Director of Molecular Tissue Pathology, Nichols Institute at Quest Diagnostics announced LabQuotient, a relational database for improving and monitoring medical test ordering. The product is expected to be ready for market this summer. Pre-production orders have been received. Further details will be announced in a subsequent release.
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H-Quotient, Inc., is projected to earn net income of $5 million in the product's first year. All income will be recurring and is expected to grow substantially because the universe for this revolutionary product includes clinical doctors, dentists, veterinarians, emergency rooms, urgent care centers, insurance companies, HMOs, hospital quality assurance personnel, commercial laboratories, and pharmaceutical-drug companies.
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H-Quotient, Inc., Announces Appointment of Laurence T. Burden As V.P. of Operations ---- Check his resume:
siliconinvestor.com
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H-Quotient, Inc., Announces Scientific Advisory Board Chairman
siliconinvestor.com
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H-Quotient, Inc., Announces More Than 1 Million Shares Purchased by Dr. Laipply
siliconinvestor.com
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H-Quotient, Inc. Announces LabQuotient Prototype; Full-Scale Sales Effort to Commence
siliconinvestor.com
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H-Quotient, Inc., Announces Development of Blood Utilization Software
siliconinvestor.com
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OTHER NEWS: Recent Acquisition
siliconinvestor.com
Do your own DD. E-Mail: Investor Relations at:igi@wans.net
for a shareholder packet.
DISCLAIMER: You may want to fully read before considering and investment in H-Quotient:
As always, do your own Due Diligence. The information posted by me is believed to be accurate, but cannot be guaranteed. Some forward-looking statements or opinions expressed by myself or others on this thread or others may not prove to be true. I was retained by on April 9th, 2002, and am being compensated with 15K shares of restriced stock for providing honest information that hopefully will encourage individuals to do their own Due Diligence and become long term shareholders. Because of the "restricted" status, I cannot sell any of the shares until at least April of 2003. I will be only be supplying information that is already in the public domain; in other words previously disclosed information by the Company, as per Reg FD. It is up to each individual to do their own DD. I also currently hold less than 10K shares of stock that I purchased on the open market from 57 to 74 cents recently. Please visit the SEC'S website at sec.gov or the company's website at hquotient.com if interested.
My email: Hqntinfo@aol.com |
