Rick,
thanks alot. Due to the startup nature of HICO, this is almost a LEAP (Long term Equity option) - however the risk/reward ratio of this one is very good. Not expiring at all <g>
The company has exceptional management talent and brainpower for an upstart. 3 senior officials have a CPA-firm background, the CFO Mr. Beil even is a practicing CPA and an expert regarding federal filing requirements and audits. He is awarded a bunch of incentive stocks once certain milestones are reached, more than 100.000 over the current year (SEC acceptance completed, 10SB filing, 10Q for all quarters, Channel Telecom merger etc.). This is good to have the high ranking officials actually sitting in the same boat as Yourself as an investor.
Moreover this company got an unusual twist an advisory board full of contacts and dealmaking power. A former congressman, fellow of IRI (International Republican Institute) sits there, next to a member of the Cornerstone Funds' board and others.
The former congressman is Jack W. Buechner, who served two terms as the U.S. congressman from Missouri's 2nd District (St. Louis/ St. Charles counties), in the Republican leadership as vice chairman of the Republican Study Committee, and as deputy whip to now-Speaker of the House Newt Gingrich. He served on the Budget Committee, and the Committee on Science, Space and Technology.
After leaving Congress in 1991, Buechner developed a vast array of parliamentary, party, executive and business contacts as the president of the International Republican Institute. IRI is a not- for-profit, nongovernmental organization that provides political, strategic and related training to emerging democracies. During his term the IRI opened offices in six countries and developed programs on democracy and free-market economies in 28 others.
Buechner has served as visiting professor of political thought at Webster University in Vienna, Austria, represented the United States throughout the world at conferences on post-Cold War development and currently serves on the boards of directors of Cancer Treatment Holdings Inc. and Russian Wireless Telephone Co. Inc.
Much of Buechner's international work involved the strategic analysis of the political and economic climates in the world's emerging democracies.
The right man at the right place I would say - isn't that about top level human resource managment ? <g>
best wishes
CROSSY |
