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Microcap & Penny Stocks : HDST Headstrong Group Inc -- Ignore unavailable to you. Want to Upgrade?


To: rharris who wrote (138)4/10/1998 10:27:00 PM
From: JohnO  Respond to of 389
 
I would like to see them succeed. With 28 1/2 million shares outstanding with an unknown float. I would think the float is considerable. Currently management owns 0% they all sold theirs in the $4-$5 range several years ago. It would take a strong turn around to instill confidence in HDST. A lot of day trading will take place before serious stock holders would come aboard. Any new ownership of HDST would want a substantial block of their own stock. So they would have to go an purchase some on the open market or issue themselves restricted stocks with warrants which would be available as free trading shares in one years time. Now if they go the restricted way a dilution will occur in 1 years time from issuing date. On the other hand with purchasing on the open market they could lower the float considerable and increase share value. Reverse stock split would also help to raise share value. Who knows which way they will go? That is if anybody does in fact take over HDST in the future.



To: rharris who wrote (138)4/28/1998 2:11:00 PM
From: FARRIS  Read Replies (1) | Respond to of 389
 
Richard,
Any update on this one? I own a fair number of shares now including another 100,000 I picked up yesterday. I like the odds of making money on this one -- someone is going to do something with this company -- the question is -- when... 28 1/2 million shares is NOTHING and a reverse seems totally unneccesary -- they can and should just issue restricted stock -- I am sure that the shareholders will vote well if the plan seems worthwhile.
Eric
Joe C -- you still in this one?