A little summary on why I like HISC - thought I'd put it here to have it in one location. :-)
I like HISC, selling at about .021, which has done some very unusual things for a pink, making them "shareholder friendly" unlike most of the others which P&D to screw us retail s/hs. You can find a "story" for all pennies and pinks. Unless you are an insider, you don't know if it's true or if it's a scam. However, all of us can evaluate, but often don't, the most important aspect of a penny stock "investment," and that is capital structure and the potential for screwing retail shareholders with dilution, (usually reverse split and dilution) the killer of any retail penny stock "investment."
This is HISC and why - at least so far - I consider them "shareholder friendly."
1) cut OUTSTANDING SHARES about in half - really a gift from insiders but it has brought enough attention that management wins by giving up the free and cheap shares that bloat the o/s. Most management do not realize this and dilute and sell.
2) authorized BOD to buy up to 10 million shares
3) just authorized another 50 million share buyback
4) begin process to go fully filing and leave the pinks - get quotes on OTC BB
5) free level 2 on pinksheets.com
6) just hired as VP a former exec of Nextel, another Executive of Nextel just added to Board of Directors - credility
7) Filed a rule 2-11 which indicates 2 million in revenue and 1/2 million in actual net income.
8) projecting 7 million in revenue for calendar 2005.
9) lots of other projections - e.g. 125 million in 3 years. I take a lot of that with a grain of salt. But even if you take the $7 million dollar number and keep the margins the same, which the PR's have hinted at, then even if you give it a measly 20 PE gives you a .07 share price. Obviously, arguments could be made for .15 OR MORE but I like to stick with immediate term goals.
Their business plan is in the hotspot of homeland defense, that is, port security, cargo ship container tracking, explosive detection, GPS monitoring. They have retail stores and lots of ideas for product off shoots, including retail products.
Take a look at their website.
at hissusa.com
and their form 2-11 filing
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