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Microcap & Penny Stocks : HeartSoft Incorporated (HTSF) -- Ignore unavailable to you. Want to Upgrade?


To: Benjamin Shell who wrote (780)9/24/1998 2:27:00 AM
From: Richard L. Williams  Respond to of 1781
 
Hi, Ben--
Many thanks for the long and thoughtful reply to your loyal shareholders. I hope that I am not the only person wishing you the best of luck in your endeavors for financing for HeartSoft.

I am sorry to hear that the destruction of HTSF's share price is hindering your financing package. The drop in share price is also demoralizing for me and those I know that own HTSF stock, as you might imagine. While I can believe that an inimical market maker is playing dark voodoo on the share price...the fact remains that for HTSF to return to my average share price, though, it will have to make over a 100% leap, which I can't see happening in this void that has been created.

There are people that want to support the share price...not too long ago, there was a day where over 55,000 share traded on the plus side. This was the day before earnings were supposed to be out, and may well have just been day traders, but even if they weren't DT's, the lack of numbers release and lack of updates from the company might be enough to frighten away the squeamish.

I am long on HTSF, Ben, and I am not trying to demand anything...I realize that running your company comes first and foremost. All we shareholders ask for is a bone of information once in a while to gnaw on while the time passes.

And I am not trying to downplay the excellent reviews that Thinkology receives.....it was the quality of your product that attracted me to investing in HeartSoft, and I still believe there is no finer software product out there for our children.

Best of luck, Ben...we are all in this together with you.

Rick Williams



To: Benjamin Shell who wrote (780)9/24/1998 11:47:00 AM
From: Lee Bush  Read Replies (1) | Respond to of 1781
 
Ben: Let me second Rick's post. From the perspective of a small stockholder who has seen a lot of BB stocks crash and burn, I do become concerned when a company fails to release their quarterly report or promised news on schedule. But, what remains most important to me in assessing a small company is faith in management's ability and concern for their stockholders. If they are honest and hard-working, that is key. The great majority of Oklahomans are of that type, in my opinion. You have always held your stockholders in high regard and have been careful not to raise capital using tools that would dilute their holdings (preferred convertible, or 'death spiral' issues, for example). I appreciate that. With the relatively small float, there is really no problem in moving this stock upward, given good news on sales and earnings, in my opinion. We could even tolerate an increase in shares if those shares were restricted and/or placed with long-term holders. As far as the MMs, they will have to supply stock to long-term holders such as Rick and myself. Repeat the two of us times a thousand others and you will have good demand for your stock.
We are in this for the long haul, come chicken or feathers. I remember that this stock moved up very quickly in the past and look forward to it doing so again. We are faced with a very unusual general market. Thankfully, your company has aim on a sector that should not be overly affected by the credit squeeze in overseas markets or here at home. Education has and will continue to be given high priority, even in other countries, in my opinion.

Sorry for the long diatribe, but I feel better now after reading your post and venting my frustration. We really don't want to be bugging you about those numbers, but we have been concerned.
Lee Bush
PS: I think you meant $50, not .50 on your buyout price, right?