You must have missed the following their new total of shares should be: 500,000,000
read below
Homeland Integrated Security Systems Board Retires 450 Million Shares Wednesday April 27, 8:30 am ET
ASHEVILLE, N.C., April 27, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) is pleased to announce that the Board has approved the retirement of 450 Million shares which will dramatically reduce the outstanding share total by more than 45%. The board believes the decision to retire the shares will result in a positive restructuring of the company's stock without a reverse split. Currently there are approximately 950,000,000 shares outstanding, after the retirement there will only be 500,000,000. Management believes that the retirement coupled with positive earnings should result in much higher stock prices.
``We have no intention of doing a reverse split. The board believes the retirement of shares will suffice and should result in a better reflection of our earnings per share once we are approved for the Nasdaq Bulletin Board or AMEX,'' stated Frank A Moody, II, CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems recently released its year-end un-audited financials for period ending December 31, 2004. Homeland Integrated Security Systems reported a Net Profit of over $550,000 for the year end. Sales for the year ended December 31, 2004 were $2,061,856 with Gross Profit for year ended December 31, 2004 of $1,585,051, Expenses for the year were less than $1,000,000 and the company reported a Net Operating Profit of $585,666.
About Homeland Integrated Security Systems:
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. One of the key target markets is the 361 commercial seaports in the US which are vulnerable to criminal penetration. For more information go to http://www.hissusa.com
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for me its about trading this as the price is going up. Once it turns south {IF} then i'll sell and buy again later. Great co. with a lot going on. But as long as i make money i dont care about the other shtuff
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edited post - no need to rain on your parade with my doubts - its a verry good day for you in HISC now - I wish happy days ahead for you!
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pcloadletter , this IS a holder...I see it in the .10 - .15 range, once their products hit the shelves..and in the .20 - 40. range, once their first customer for their port security products signs up...
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HISC is literally screaming ("..tolja..") - here's why:
HISC - HUGE article on seaport safety today in the Baltimore Sun newspaper:
Nation/World > war on terror Seaports still seen vulnerable to attacks Poor planning, communications lapses hampering safety efforts, panel is told; 'Consequences in the billions of dollars'
By Michael Dresser - Sun Staff - Originally published May 18, 2005
WASHINGTON - Despite extensive efforts to improve security in the aftermath of the Sept. 11 attacks, the nation's seaports remain highly vulnerable to terrorists, a congressional investigator told senators yesterday.
Poor planning, communications lapses and a lack of clear goals are hampering efforts to make U.S. ports safer, said Margaret Wrightson, the Government Accountability Office's director of homeland security and justice issues.
Testifying before a Senate committee, Wrightson warned that seaports represent a possible conduit for terrorist groups to smuggle weapons of mass destruction into the country. She also warned of the economic consequences of any disruption of the flow of commerce.
"A successful attack on a seaport could result in a dramatic slowdown in the supply system, with consequences in the billions of dollars," she wrote in a report to Congress.
The GAO warning came the same day a bipartisan group of senators introduced legislation to step up transportation security, with an emphasis on ports and railroads.
Among other things, the bill would require importers to provide more information about cargo shipments before they are loaded at foreign ports. It would also require that federal grants through a port security program be based more strictly on risk. The program has come under fire for funding wasteful projects.
The measure would also require all Tier 1 ports - a group that includes Baltimore - to establish joint command centers to share intelligence and coordinate the security work of various agencies. Witnesses at yesterday's hearing said the approach had been highly successful in the port of Charleston, S.C.
Among the legislation's co-sponsors are Commerce, Science and Transportation Committee Chairman Ted Stevens, an Alaska Republican; and Democratic Sens. Daniel K. Inouye of Hawaii and John D. Rockefeller IV of West Virginia.
The three lawmakers expressed dissatisfaction yesterday with the Bush administration's handling of port security issues. Stevens suggested that a fee on imports, similar to the one paid by airline passengers, might be necessary to pay for adequate maritime and port security. "There's no question that the system needs more money," he said.
In testimony yesterday, the senators heard about a range of problems affecting port security.
The GAO said a backlog in security clearances for officials and executives outside the federal government has created a significant barrier to sharing intelligence about potential threats.
Rep. C.A. Dutch Ruppersberger told the Senate panel that it can take more than a year to get a clearance application approved. The Maryland Democrat, co-chairman of Congress' port security caucus, said the federal government has a backlog of 450,000 applications for clearances - affecting ports as well as other homeland security efforts. "We're still using a security clearance system set up to fight the Cold War," he said. "Information-sharing is one of the most important aspects of intelligence."
The GAO said that since the 2001 terrorist attacks, the Coast Guard has established maritime security committees in large and small ports nationwide. But of 359 committee members identified in October as needing security clearances, only 28 had applied as of February.
The GAO said that the committee members - mostly state, local and port officials and members of private industry - did not understand the clearance process and that Coast Guard officials did little to help them because they didn't see it as their role.
The GAO said that since being shown a draft of its report, the Coast Guard has taken steps to expedite the issuance of clearances.
Lt. Andrew Ely, a spokesman for the Coast Guard's Baltimore sector, said security clearances are not a problem in the Maryland port, where 84 percent of committee members have obtained them and three members are waiting for clearances.
The GAO also was critical of other agencies involved in port security issues. For instance, it said a lack of communication within the Transportation Security Administration and the Department of Homeland Security had contributed to the government's failure to meet its deadline for developing a uniform identification card for transportation workers.
The GAO also took the Bureau of Customs and Border Protection to task for failing to develop a plan to recruit and train staff to more closely monitor goods shipped in containers.
The transportation legislation introduced yesterday could also include a plum for Baltimore that is not related to maritime security: A summary released last night said one provision would provide Amtrak with money to upgrade its rail tunnels in Baltimore, Washington and New York to meet modern safety standards. http://www.baltimoresun.com/news/custom/attack/bal-te.port18may18,1,4248622.story?coll=bal-nationwor...
quote:Originally posted by kanalgeruch: pcloadletter , this IS a holder...I see it in the .10 - .15 range, once their products hit the shelves..and in the .20 - 40. range, once their first customer for their port security products signs up...
once their first customer for their port security products signs up...
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Somehow they still manage 1/2 million profit for 2004. They have several key events that will make this a great company.
1) The new guy from NEXTEL. 2) Retirement of 1/2 their shares. 3) New patent for the software on the shelves in the Fall. 4) CEO ex Colonel, well liked and respected in the pentagon 5) Possibility of taking a good chunk of the recently approved $7 biilion to protect our ports.
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most happiest man here.. :-) once they got the patent, and got contract from Federal govt. and port. thats it, sky is limit.
-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it
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just imagine this: every car sold might have the tracker preinstalled as theft derrrent...linked to the ignition! obviously of interest also for big brother...;-)
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I Already knew, some of private dedective agenices using, tracker devices. There is lots of feature for this product.( there lots in market too) but brand name and patent, its gonna be very goood...
-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it
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Who knows, statellite radios( SIRIUS,XM) may use the technlogoies or patent which own by HISC. Its all technologies, which need to modify little use by statellite radios, that way car manufacture reduce cost instead buy seperate device for tracking...just thoughts. who knows feature where it goes..:-)
-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it
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I'm in!! Last of stocks I'm doing this cycle. Great DD, great funds & TA prove this one to be worth the time. I think all we need is a tech related PR and the dogs of war will be loosed!!
-------------------- speak from your heart, invest from experience...
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quote:Originally posted by corndo: I'm in!! Last of stocks I'm doing this cycle. Great DD, great funds & TA prove this one to be worth the time. I think all we need is a tech related PR and the dogs of war will be loosed!!
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Homeland Integrated Security Systems Building on Strategic Relationships with Motorola and Nextel - As Featured on MacReport.net Thursday May 19, 9:01 am ET
ASHEVILLE, N.C.--(BUSINESS WIRE)--May 19, 2005--Homeland Integrated Security Systems, Inc. (OTC: HISC - News) is pleased to announce that CEO, Frank A. Moody II has been featured on MacReport.net. Mr. Moody explained that the Company is involved in a project with the Port of Savannah and Georgia Tech University. The project focuses on utilizing wireless and satellite technology to increase port security. "The project with the Port of Savannah allows Homeland Integrated Security Systems to demonstrate the many applications of our Cyber Tracker product. This is due in part to the to the multi-functional board developed by Motorola (NYSE:MOT - News) that is embedded in the Cyber Tracker which operates on the Nextel (NADQ:NXTL) network here in the United States," stated Frank A. Moody II, CEO of Homeland Integrated Security Systems.
To listen to the interview in its entirety, please go to www.MacReport.net.
About Homeland Integrated Security Systems
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated seaport security products. Their target market is the 361 commercial seaports in the US which are vulnerable to criminal and terrorist penetration. For more information please visit our website at www.hissusa.com
About MacReport.net
The MacReport.net is an information and media company that provides a Web-based forum for public and private issuers to communicate corporate audio and video news content to the business, financial and investing community through its Web site, located at http://www.macreport.net. The MacReport.net also plans to provide creative and production services to develop visual events ranging from live coverage of merger announcements to public relations campaigns to new product introductions.
Safe Harbor
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
-------------------------------------------------------------------------------- Contact: Big Apple Consulting USA, Inc. For Homeland Integrated Security Systems, Inc.: Matt Maguire, 407-884-0444 or 1-866-THE-APPLE
-------------------------------------------------------------------------------- Source: Homeland Integrated Security Systems, Inc.
-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it
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"..NEWS..", Baby - she's gonna scream again today....!!!
Homeland Integrated Security Systems Building on Strategic Relationships with Motorola and Nextel - As Featured on MacReport.net - 5/19/2005 9:01:03 AM
ASHEVILLE, N.C., May 19, 2005 (BUSINESS WIRE) -- Homeland Integrated Security Systems, Inc. (OTC: HISC - News) is pleased to announce that CEO, Frank A. Moody II has been featured on MacReport.net. Mr. Moody explained that the Company is involved in a project with the Port of Savannah and Georgia Tech University. The project focuses on utilizing wireless and satellite technology to increase port security.
"The project with the Port of Savannah allows Homeland Integrated Security Systems to demonstrate the many applications of our Cyber Tracker product. This is due in part to the to the multi-functional board developed by Motorola (MOT) that is embedded in the Cyber Tracker which operates on the Nextel (NADQ:NXTL) network here in the United States," stated Frank A. Moody II, CEO of Homeland Integrated Security Systems.
To listen to the interview in its entirety, please go to www.MacReport.net.
About Homeland Integrated Security Systems
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated seaport security products. Their target market is the 361 commercial seaports in the US which are vulnerable to criminal and terrorist penetration. For more information please visit our website at www.hissusa.com
About MacReport.net
The MacReport.net is an information and media company that provides a Web-based forum for public and private issuers to communicate corporate audio and video news content to the business, financial and investing community through its Web site, located at http://www.macreport.net. The MacReport.net also plans to provide creative and production services to develop visual events ranging from live coverage of merger announcements to public relations campaigns to new product introductions.
SOURCE: Homeland Integrated Security Systems, Inc. Big Apple Consulting USA, Inc. For Homeland Integrated Security Systems, Inc.: Matt Maguire, 407-884-0444 or 1-866-THE-APPLE .
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-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it
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I thinks She is gonna be .10 next week. There is lots of room for HISC to grow. :-)
-------------------- Do not believe in anything simply because you have heard it or it is spoken and rumored by many. But after observation and analysis,when you find that anything agrees with reason And is conducive to the good and benefit of one and all, then accept it
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