posted
What does everyone think about this pinksheet. I am thinking about buying some. It has been very volatile of course. Just wanted some opinions.
Posts: 25 | Registered: Jul 2006
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posted
No one is looking at this stock? Huge volume and according to last press release, the CEO thinks its price should go up. Here it is: HealthSonix Update to Shareholders and Comments on Recent Stock Activity Monday October 23, 2:00 pm ET
IRVINE, CA--(MARKET WIRE)--Oct 23, 2006 -- HealthSonix, Inc. (Other OTC:HSXI.PK - News) (Frankfurt:H7S.F - News) today reacted to the downward stock pressure and unusual high trading volume of its shares over the past three weeks. "There is absolutely no underlying business reason for this activity and down pressure on the stock," said Dieter D. Doederlein, Vice President, Corporate Development. "Our business plan is being implemented and the news has been nothing but positive. As a matter of fact, due to recent international sales announcements, we will be upgrading our sales forecasts and guidance for 2007. The positive results shareholders are seeing today exceed our goals we set for the Company when we started five years ago."
Since becoming a publicly traded company this summer, the company's shares have moved up and down, but never with the massive down trend that started in early October. "One of our foremost challenges is to maintain and improve shareholder value and the Company is currently examining what could have brought on this unprecedented massive drop," continued Doederlein. "We should have a better idea later this week as many of our shareholders have called pointing the finger at a possible 'naked shorting' of the stock. We have engaged our lawyers and a specialist firm that will be analyzing the trading and provide the recommendations on how to deal with this phenomenon."
"If it is naked short selling, a possible illegal stock manipulation, we will consider ordering all DTC positions to be exchanged for physical stock certificates so we can put an end to this negative and disturbing activity," said Doederlein.
HealthSonix, Inc. (Other OTC:HSXI.PK - News) (Frankfurt:H7S.F - News) is a publicly traded medical technology company. The Company's core offerings are based on proprietary, patent pending medical technologies that use sound pressure waves to administer sub-sensory micro vibration to the human body. Precisely formatted low frequency sound pressure waves are 80% effective in treating the pain of many diseases, particularly arthritis. All treatments and products are safe, non-invasive, drug free, and have no known side effects.
Im not trying to hype this stock. I just would like some feedback. Voluntary disclosure. I just bought some yesterday, so I am a shareholder.
Posts: 25 | Registered: Jul 2006
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posted
How much DD did you do on this stock? First off they do not file with any one, they incorporated in the state of Nevada,that is not the best thing in the world, and have their offices in Canada. It may be OK but I would be very careful.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004
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posted
Yeah, I took a small position in it. I like their product idea. Anytime I am playing with a pink sheet, I know its risky. Most if not all pink sheet stocks have no financial filings that can be found. I was looking at this as an interesting product with a lot of press releases lately. They are a pretty new company(5 yrs) and I believe they have only been public since the summer.Also large volume and I was just hoping to get in fairly early. That is why I posted. I wanted to hear other opinions and see if anyone else knew anything. As far as DD, I have emailed the company and received a response.Other than names of management and addresses of their offices, there wasnt much. No financials. Mostly just links to their website for info. Thanks for the responses.
Posts: 25 | Registered: Jul 2006
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