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


To: JohnO who wrote (355)12/9/1998 12:09:00 PM
From: JohnO  Read Replies (3) | Respond to of 389
 
HDST was purchased by Echo Ventures as a assest sale for $130,000
Paperwork should be signed by next week. This was confirmed by talking with the court appointed
trustee today. I also spoke with Cynthia May, an executive with Echo Ventures, today and she wants all
shareholders to contact her executive sect, Kae Pankow at 517-797-5502 fax 517-799-0020.
They want to compile list of shareholders for news releases.
Cynthia represents a group of investors in Europe who have lost 5 million with their investment in
HDST.
She said they will continue operations at HDST and are adding a snow board to the mix.
They expect January will be the time when they can begin operations again.
Echo Ventures operates the 2nd largest metal closeures business in the world. They are quite
knowledgeable in the manufacturing business.
She said they have taken over a real mess and will sift through all the debris and produce quality
products like HDST did several years ago.
So HDST has a fiancial leader now and the past mistakes should come to a close. What will happen is
anybodys guess. With Echo in charge they for sure want to recoop their 5 million loss. With this in mind
one can assume they will work hard to make HDST profitable.
Have a good one.
John