Patrick, I had been watching a penny stock(symbol HHPK) for several weeks and saw that it traded up & down quite often by several cents..
on very little volume...it appeared there was a very small float..so I decided to do some DD on it & this is what I came up with ..
HEALTH-PAK symbol HHPK..unique ideas
and already established successful business
HHPK is in Utica New York and has been around for 14 years.
They appear to be operating in the black.
President: Anthony J. Liberatore, 315-724-8370
The Investor Relations Person is Liz.
some urls: (read the press releases to see what kind of revenues they generate)
shop-the-net.com
shop-the-net.com
HHPK basically has 2 businesses going
One is a "clean room" business where they hygienically control the production of medical
apparel, clean room apparel, sterile products.
The clean room utilizes air filters and other technology to meet protocols.
They market their products all over the country and in Europe and have numerous
distributors.
There are 60 employees at their building.
I spoke on the phone with someone who has been there from the start.
The other major business they have is PDA, disposable apparel ..these are used for safety
and chemical procedures.
All, apparel is manufactured, cut, sewn and shipped from their site.
I was told they are working on some new products.
One product, which has already been finished and patented is called The Rig. The Rig is a
ball carrier. It is a unique safety device that a person, such as a child, can wear so that they
can safely carry a basket ball or soccer ball or such while they bike ride to the park or the
playing field or school. This safety device is made in part with "neopreme". They are
currently trying to market it. I think this is a great product idea.
You can contact the company for the latest financials.
look at the historical volume and pricing
this has a very low float
this moves 3 or 4 cents on volume of about 130 thousand
This is something worth doing further due diligence on.
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I have no idea if this company will have any luck marketing "the rig"
but it does seem they have an established business with an established market they sell their 2 main product lines to...
I have been unable to speak to investor relations to get the exact outstanding & float numbers
I just find HHPK interesting because of how it trades
and that is why I bothered to find out what was behind the symbol..
so this is just some minor DD
NOT a recommendation to buy
I wish they would market "the rig" on the internet, because it seems like a great saftey idea, and probably a lot of parents with elementary school age children would like to buy such a product
If it were available to order in some print catalogs, that may be a market for it too.. |
