Jan 1 2009 through what date in 2012?
I called the law firm in OK and they said that all their current cases are on their website. HUSA is not.
Hi Cropduster - thank you for your time to reply.
I am not sure what are the periods of trading HUSA in 2010-2012 to qualify as part of the class. There are specific dates in any lawsuit.
With regard to expectations, I do not have any - I believe that what is lost is lost, and what I can recoup is a bonus.
I am reluctant to put more $$ into this, even at 0.19. My average is now about 0.26 or so. Maybe I will regret this, or maybe I will give myself a pat on the back later.
Ok, but there are 55 million shares short, currently, right? that is almost a third of the float. Where do they cover? Courtesy fills at $0.001 when this company shuts down?
Cropduster - once again my sincere thanks for what you contribute to this discussion board. Almost seems like you are on the inside track ;)
Also, my apologies for my previous undocumented posts that drew fire at the time.
Hope your predictions materialize, because I have quite a bit invested in HUSA. Luckily, my average pps is not very far above what today's price is...
My apologies for any confusion my post has created. I recall reading about a July 8 (2014) document that referred to a 6-month period to regain compliance... I probably got the securities mixed up.
It was simply a question, and therefore there is no source or citation... It was not an inflammatory comment, as gnom1306 alluded. Having the pps below $1 for a certain amount of time triggers a delisting notice, a several months grace period, a possible extension, etc, etc.
If the distribution is cut from $1.40 to $0.25/year (as it has been predicted here), the pps will reach below $1 in a single day... Can the LP file for bankruptcy? Or other default?
Thank you cropduster - you obviously have more knowledge of the matter. I stand corrected.
What do you mean by "when the SEC and the disgruntled shareholders are out of the picture"? Post reorganization?
Appreciate your optimism...
Yeah, not the time to brag about it, but I have only a few k's fewer shares than you do. I hear that there are only 3 employees left, no proof though.