Hello, all: Been a lurker here for a little while - although I did get into HTSF yesterday for 1000 @ .76 - figuring that the small float and hype alone might make it (at least) a short term investment.
Don't get me wrong: I am not cynical about the stock - just cautious, about making a real big commttment until I see some real numbers.
There are two things that bother me.
One is a concern for the actual value of the sales that have been announced here recently. I checked the HTSF site, and it looks like a site license for the companies main titles can be had for around $400. If the Tulsa sale represents 10 sites, then we are talking $4000 - for a perpetual license (if I understand correctly). This is hardly huge revenue. The site also mentions free customer support. How does this cut into revenues? Tell me - with the numbers.
The other concern I have is the apparent touting and cheer leading of the stock, on this thread, by the CEO (Benjamin?). I've never heard of such a thing: it seems "unseemly" - if not down-right illegal. Are we sure this person is who he claims to be?
If Mr benjamin is reading this, please, sir, address, with numbers,the issue of revenues, growth, and profit; tell us your plans for becoming a fully reporting NAS company, and your timetable. How do you plan to grow as a company? New Equty? Bonds? No Plans?
The tone on this thread is dangerous: I've witnessed it before - and sometimes got caught up in it, to my regret : talk of 'cartels' to drive the stock up; wild and unsubstantiated raves.
Let me say , finally, that I expect to be flamed. This is part of the pattern - to minimize the influence of doubters in the midst of the feeding frenzy.
Tell me why I'm wrong. |
