You may be right for a stock life this to go from 1.50+ down tells me financing and cash flow has been an issue. PBOF is similar among others. How long have you followed this stock? The Harmel Rayal principal concerns me!
Who is Harmel Rayal? When I go to hplf's profile in yahoo finance I get this:
Mr. Herdev S. Rayat , 46 Chairman, Chief Financial Officer, Principal Accounting Officer, Sec. and Treasurer N/A N/A Mr. Frank Menzler , 40 Chief Exec. Officer, Pres, Director and Member of Scientific Advisory Board $ 56.00K N/A Mr. Jeet Sidhu , 34 Admin. Staff Member N/A N/A Dr. Ayesha Mahmood Ph.D, Member of R&D Work and Member of United States Department of Agriculture Scientist N/A N/A Mr. Ryan R. Willard , Member of United States Department of Agriculture Scientist N
Now I'm aware that an article was written about a company in Vancouver called HepaLife, and I even emailed the author to ask if the HepaLife he wrote about is the same one that yahoo says is headquartered in Boston, and the author claims they moved to Vancouver, but there's no info on their website about the move or here on yahoo.
Unless I'm really off base, I'm starting to think someone is trying to confuse people about this company. I made some serious cash with this stock last year, up until that @#$$^ article came out and was posted on this board, and then the stock plummets.
Again, why would the U.S. Government sign a deal with a bogus company based in Vancouver, and who the heck is Harmel Rayal? Is this a simple misspelling of Herdev S. Rayat or are they completely different people with completely different companies?