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SPECIAL SITUATIONS ALERT!
HIET.OB - HIENERGY TECHNOLGIES INC (OTCBB)
Member should pay careful attention to HiEnergy Technologies Inc.
On July 8th, 2004, HiEnergy announced that it received a "Wells Notice" from the
staff of the SEC in connection with the previously announced SEC investigations.
The Wells Notice notified HiEnergy that the SEC staff intended to recommend
charging HiEnergy with violations of U.S. securities laws; and seeking a
permanent injunction and civil penalties.
64.233.187.104
On July 6th and 7th, 2004 HIET.OB share price was trading at a high of 2.32 and
2.22 respectively. After the announcement the share price literally dropped to a
trading floor of .80 cents.
finance.yahoo.com
The current 200 day MA (Moving Average) for HIET.OB is .78 cents. Basic market
psychology tells us that assuming the possibility of a permanent injunction and
civil penalties (Worst Case Scenario) for the past 200 days investors priced
HIET stock at an average of .78 cents (THE FLOOR).
SEC TERMINATES INVESTIGATION WITH NO ACTION
On Friday September 2nd, 2005, HiEnergy Technologies, Inc. announced today that
it was notified by the staff of the Securities and Exchange Commission that the
formal investigation of HiEnergy has been terminated with no enforcement action.
biz.yahoo.com
It is of my strongest opinion that Friday's announcement was one of the biggest
surprise announcements of 2005. I have always known and stated that HiEnergy's
technology was simply unprecedented and revolutionary. A product that could in
fact has already began to help shift the tide in the fight against terrorism on
a global basis.
The Company's Stoitech technology developed in the course of the past six (6)
years is unique in its ability to decipher the chemical formulas of selected
substances and determine with 95% accuracy, automatically and without human
intervention and through steel, whether an object or container carries dangerous
or illicit selected substances, such as explosives, biological agents, or
illicit drugs.
In fact, the only thing that has been holding the companies share price back was
the SEC investigation. People were hesitant to invest with the uncertainty of
the outcome of the investigation, but suddenly things have changed.
My expectation is simple. Currently HIET.OB is trading AT THE FLOOR. The
shareholders holding at these levels are not selling their shares. These are the
strongest shareholders that held through much uncertainty with respect to the
SEC investigation. Now that the SEC investigation is over with no action, my
expectation is that HIET.OB will not only quickly recover to the $2 trading
level (APPROX. 200% GAIN FROM THE CURRENT FLOOR) but in fact likely exceed that
level dramatically in the months and years to come. Please do your Due
Diligence. If you are not familiar with the technology here, then you should
educate yourself ASAP. Watch for HIET.OB to be one of the most actively traded
BB stocks with considerable upside gains in the days and weeks ahead.
Again, this is incredible news and an incredible company!
Make sure you add your due diligence comments and realtime alerts for thousands
of members to review daily at our site: danceswithbulls.com
Happy Trading!
DanceswithBulls
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