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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF)

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To: Mr. Sunshine who wrote (203)9/16/1998 7:04:00 PM
From: EubieV  Read Replies (2) of 383
 
Nice to have a HMLF franchisor on the board!!
I know a lot of people got into this stock at much higher levels--and like you, haven't sold. The size of the company and financials at the time you bought in must have warranted the price at that time--and look what the company has done just THIS year alone!!--Made acquisition and acquisition.

As I understand it, the price has been walked down by a couple Market Makers that are VERY unfriendly. I also have learned that they are very SHORT in this stock. I also expect the tides to be turning soon. The company is very disappointed in what has become of the stock price and in the Market Makers they chose. Do you know Mr. Cimerman, the CEO? I understand that it is the company's (and Mr. Cimerman's) goal to bring visability to the stock, bring in at least one or two new market makers, and become fully reporting ASAP. The company is developing an Investor Relations website as I speak (write) and implementing an aggressive plan to get the stock price back up where it belongs.
The best thing they can do is file the SB10 so that the investing community can verify the company's worth. This will be done very soon. As I understand it, it will not be this week...which is good in the long run. I've had the privilege of reviewing their audited financials when I invested months and months ago. They are revising those financials--as we speak--to reflect MORE! Our patience will be rewarded. The company is required to go into a "quiet" period for 90 days after filing and they have some things in the works that they must complete before they are required to go "quiet."
I found out about this company through my broker who has several clients invested in HMLF. He suggested that it is a very good long term speculative investment. He emphasized that the company was debt-free, growing, becoming fully reporting, and profitable.
Anyone can learn the info that I have on HMLF if they have the time and inkling to investigate. I am located just minutes from their headquarters in Newport Beach and have visted the offices several times. The company is aggressive, professional and determined IMHO! I think the drop in stock price is an excellent opportunity and I'm of course investing because I believe the company has a great future and believe this is a ground floor opportunity in which I'm willing to stick around and watch grow.
I have to admit that I've been anxious about the SB10 filing since I've known about it for quite some time. But I'm confident that the company is timing it for the best interest of the stockholders as well as giving the company the best positioning power possible.
I hope you post here often because I'd love to hear more from one of their franchisors.
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