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Non-Tech : HTRE - H3 Enterprises, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: twinkie2000 who wrote (110)11/3/2006 12:03:05 AM
From: canitb  Read Replies (1) | Respond to of 272
 
My take
Conference call was short. Robinson explained why he missed the last 2 calls. Introduced a new company (no name) they are negotiating with regarding merger/acquisition possibility related to electronics, large scale distribution of the new tv's. Then the person in charge of the St. Petersburg project talked about the new H3TV. He also said they had received local government approval to complete the construction of the soda shop plus lines of credit from bank and equipment leasing company, so everything is still on track for soft opening in December followed by grand opening (possibly with Warren Sapp) in January.

IMO, it's time to stop blaming the naked shorts. Shorting a company that is about to take off, at a price of 7 cents makes no sense. The price is at this level because this is a company with 100,000,000 shares o/s, no revenues, and so far has not delivered on any of the things they have talked about in p/r's. Just a fantastic idea with no execution. When that changes, then we'll have a reason to go up again. If all goes well with the store in St. Pete, we could be seeing another run like the one earlier this year. So for anyone who sat around and wished they would have owned the stock when it went from under 10 cents to 78 cents in a few weeks, you could be getting a rare second chance. I don't think there will be a third.