Gregg Davis, CorpHQ's newly elected President, said, "We put together five great years in a row from 2001-2005. Our performance suffered in 2006 due to scale-related issues. We accepted restricted stock as payment from two companies, while continuing to loan funds to another because of delays in its public listing and just hit the wall. But, we have felt all along that we could overcome this situation. Today we are taking the first of several strong steps in getting CorpHQ back on track. We have exciting opportunities ahead of us and are looking forward to 2007."
Posts: 1343 | From: Rome Georgia | Registered: Oct 2004
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posted
There was some dilution to pay down debt, but I like it at .001.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
24 times 50 Day Avg Volume right now with 9,311,584. Someone is dumping, should be over soon, holding the .001 nicely.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
.0013 / .0014 24,994,000 last .0014, up 40% from alert.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
This can run hard, A decent little pink that is forthright and forthcoming. Sometimes too honest.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Check the last couple PR's it might be more than 165M they paid down some debt with shares. I am not sure what the current O/S is ? It's still good though, Today's activity is very encouraging.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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weak EOD finish though... Im gonna try and pick some up at these levels, its going to set off a bell for next session.
Posts: 25 | Registered: Oct 2006
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Patience...if you bought at .001 you're not hurt.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
CorpHQ Releases Financial Results for 3rd Quarter 2006
REDONDO BEACH, CA, Nov 17, 2006 (MARKET WIRE via COMTEX) -- CorpHQ, Inc. (PINKSHEETS: COHQ) has released a Voluntary Financial Report for the period of July 1, 2006 through September 30, 2006. The unaudited report can be read in its entirety at http://www.pinksheets.com/quote/finance.jsp?symbol=COHQ. Financial results for the nine-month period ended September 30, 2006 include:
-- Revenue was $1,301,359; -- Earnings were $185,653 or $0.001 per share; -- Total Assets were $5,291,144; -- Total Liabilities were $1,007,378; and -- Total Stockholders' Equity was $4,283,766.
Financial results for the three-month period ended September 30, 2006 compared to the three-month period ended September 30, 2005 include: Revenue decreased by 86% to $78,433 for the three-month period ended September 30, 2006 from $541,022 for the three-month period ended September 30, 2005. There was a net loss of $140,155 for the three-month period ended September 30, 2006 compared to a net loss of $96,245 for the three-month period ended September 30, 2005. Total assets increased by 14% to $5,291,144 for the nine-month period ended September 30, 2006 compared to $4,626,098 at December 31, 2005. Total equity increased by 5% to $4,283,766 for the nine-month period ended September 30, 2006 compared to $4,060,258 at December 31, 2005. The information highlighted in this press release is contained in and qualified in its entirety by the full text of the Voluntary Report referenced above. All readers are encouraged to consult the full report which includes, among other things, risk factors and other information necessary for a complete understanding of the company. Revenue and earnings figures quoted included both realized and unrealized gains. See "Factors Affecting Our Business Condition" in the subject Voluntary Report for additional information.
Again, ugly, but out there to see:
COHQ -- CorpHQ, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
CorpHQ Writes Down Assets and Converts Debt
REDONDO BEACH, CA, Nov 22, 2006 (MARKET WIRE via COMTEX) -- CorpHQ, Inc. (PINKSHEETS: COHQ) has released a Voluntary Notice of a Material Event today. The report can be read in its entirety at http://www.pinksheets.com/quote/finance.jsp?symbol=COHQ. In a meeting of the Board of Directors held on November 22, 2006, the Board has made the following resolutions which have a material impact on the Company's financial position:
The Company's entire investment of $500,000 in The Giving Card Inc. ("TGC") has been written off. CorpHQ CEO Steve Crane said, "Both we and TGC's management have been unable to attract equity financing sufficient to fund operations and we have mutually agreed to drop the project. No dispute exists between the parties, and we continue to maintain a relationship with TGC and its management team."
The Company has also written down its investment in Stronghold Industries Inc. from $0.25 to $0.036 per share. This will cause an expense of $4,827,129 during the fourth quarter of 2006. Crane said, "Our board has determined that under the current regulations governing the sale of restricted stock in the public markets, coupled with the prevailing market condition of the Stronghold stock, we do not envision being able to begin achieving liquidity on this investment for at least another 16 months. This write-down is intended to give the company more flexibility in potential private placement transactions during that time."
The Company has also reached agreements with creditors LAH Services Ltd. ("LAH"), TDC Ventures LLC, ("TDC") and its Chief Executive Officer, Steven Crane, ("Crane") to convert debt into shares of its common stock at market or above-market prices. (a) LAH has agreed to convert its $25,000 Note into 5,000,000 shares at $0.005 per share; (b) TDC has agreed to convert four Notes totaling $121,000 into 24,200,000 shares at $0.005 per share; and (c) Crane has agreed to convert two Notes totaling $27,000 into 7,105,263 shares at $0.0038 per share.
Finally, the Board determined to explore more aggressively a change in its business strategy and plan, and would consider a potential business transaction with a company in an unrelated sector if it would result in greater value for the company's shareholders than its current business plan has been able to produce. While the company would seek to maximize the value of any such transaction for its existing shareholders, it is likely that any transaction of this kind would result in substantial dilution to the existing shareholders of CorpHQ as of the date of any transaction.
No idea what or where all that volume came from today. As of Sept end there were about 165M O/S. Probably, no, it has been diluted since, I'm in at .001, and at this point, I think I will be grateful I missed my exit.
Believe or leave !
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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