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(May 24, 2006) - Today is the last day for short sellers of Homeland Integrated Security Systems, Inc. (PS: HISC) stock to cover short positions and receive the OTC-BB listed stock spinoff payable to shareholders of record date May 30, 2006. Any traders closing short positions after today will be required to repurchase both the HISC stock and the OTC-BB listed stock spinoff to return to the shareholders of record 05/30/06 from whom shares were originally borrowed and sold short.
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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Looks like they gave a 30 Day reprieve. But when it comes it will be off and running.
ASHEVILLE, NC, May 24, 2006 (MARKET WIRE via COMTEX) -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that the Company has delayed the record date for the issuance of a stock dividend of their NASDAQ Bulletin Board Company until June 29, 2006. Homeland Integrated Security Systems shareholders of record as of June 29, 2006, will receive 1 new share of the NASDAQ Bulletin Board Company for every 50 shares of HISC they own as of the record date. Homeland Integrated Security Systems shareholders will maintain their stock ownership of HISC and will receive a dividend in the NASDAQ Bulletin Board Company. The previous record date had been scheduled for May 30, 2006, but has been rescheduled because of the NASDAQ Bulletin Board Company's plan to complete the acquisition of ActSoft and finalize deals with other potential acquisition candidates. The dividend will give Homeland Integrated Security Systems shareholders ownership in the new Bulletin Board Company which the Company expects to be trading at least $0.50 per share.
As a result of the revised record date for the stock dividend, Homeland Integrated Security Systems will postpone the nationwide teleconference, initially scheduled for May 25, 2006, until June 22, 2006. During the teleconference, the Company is expected to announce more details concerning the NASDAQ Bulletin Board Company and the impending ActSoft acquisition.
Posts: 156 | Registered: Dec 2005
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Homeland Integrated Security Systems to Retain Entire Product Line Including Rights to the Cyber Tracker 08:20 a.m. 06/15/2006 Provided By Market Wire
ASHEVILLE, NC, Jun 15, 2006 (MARKET WIRE via COMTEX) -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announces that the Board of Directors has elected to retain 100% of the ownership rights to all their assets, including the Company's flagship product, the Cyber Tracker. Homeland Integrated Security Systems, Inc. will continue to market and sell the Cyber Tracker, in the U.S. and international markets, and will also maintain all of its current distribution agreements.
Originally the Company announced that certain assets would be moved into the NASDAQ Bulletin Board company. Concurrently, the Board announced that the NASDAQ Bulletin Board company strategy will be to find promising technologies in private companies, acquire them, and then take them public.
"We are continuing to pursue potential merger and acquisition candidates for the NASDAQ Bulletin Board company and we look forward to rewarding our loyal shareholders with the upcoming stock dividend," stated Fred Wicks, Chief Operating Officer of Homeland Integrated Security Systems, Inc and head of the Board of Directors' acquisition team.
Homeland Integrated Security Systems shareholders of record as of June 29, 2006, will receive 1 new share of the NASDAQ Bulletin Board Company for every 50 shares of HISC they own, as of the record date. Homeland Integrated Security Systems shareholders will maintain their stock ownership of HISC and will receive a dividend in the NASDAQ Bulletin Board Company. The dividend will give Homeland Integrated Security Systems shareholders ownership in the new Bulletin Board Company which the Company expects to begin trading at $0.50 per share. Homeland Integrated Security Systems recently announced that it has postponed the nationwide teleconference, initially scheduled for May 25, 2006, until June 22, 2006. During the teleconference, the Company is expected to announce more details concerning the NASDAQ Bulletin Board Company.
This looks good for HISC holders. I think they must be making money off of the products and therefore would want to keep it in the main portfolio. I don't know what it means for the proposed spinoff though.
-------------------- Trust but verify! Posts: 368 | Registered: Oct 2005
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More good news, PPS doesnt move. IMO, the only thing that will move this stock is the actual move to a higher exchange. And even if that happens, remember that HISC is not moving, just giving a dividend in a higher board company. To me, that means that HISC itself has very little chance of moving PPS upward anytime in the near future. Been tracking this one a long time, and my opinion is that someone is holding it down, for whatever reason. Therefore, use caution unless you can buy at a deep discount.
Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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At the prices this stock is at right now you will get a 50% ROI just by holding until the dividend return. Definitely time to get in.
Posts: 156 | Registered: Dec 2005
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Okay, we have passed June 29, and the July 4 holiday. So when is the distribution of dividend stock scheduled? And how are they gonna get it up to .50 a share? Silence from the company, anybody got any insight into this?
Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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I believe it was delayed until July 27th. That makes this a great time to get in.
Also announced at yesterday's teleconference was that Homeland Integrated Security Systems, Inc. shareholder dividend of EVSI shares, which was to be issued to shareholders of record as of June 29th, 2006, was extended to a record date of July 27, 2006. All Homeland Integrated Security shareholders of record as of July 27, 2006 will receive 1 share of Evans System Inc. for every 50 shares of HISC they own as of the record date. The dividend in Evans System is expected to be valued at $.50 per share.
Posts: 156 | Registered: Dec 2005
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EVSI is sitting at .055x.06. How do they plan on getting this up to .50 unless they have something up their sleeve?
Posts: 156 | Registered: Dec 2005
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quote:Originally posted by adwald: I believe it was delayed until July 27th. That makes this a great time to get in.
Also announced at yesterday's teleconference was that Homeland Integrated Security Systems, Inc. shareholder dividend of EVSI shares, which was to be issued to shareholders of record as of June 29th, 2006, was extended to a record date of July 27, 2006. All Homeland Integrated Security shareholders of record as of July 27, 2006 will receive 1 share of Evans System Inc. for every 50 shares of HISC they own as of the record date. The dividend in Evans System is expected to be valued at $.50 per share.
I have not seen anything in writing about this. Last I heard it was June 29. Can you point me to something that will confirm the July dates??
Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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Ed, they announced the dividend date change on the CC June 22 and then there was a pr on this June 23rd.
Posts: 6 | From: switzerland | Registered: Dec 2005
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Thanks, Dale, I eventually found it on Hisc website. Still expect this one to explode sooner or later. Patience is the key here.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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