- They have new auditors as we (those who attended the AGM) voted the last auditors out. The audits are therefore more extensive as the new company have to go back years (again) once they have actually found a company that can do it for the $$$s that the shareholder would be happy with, unlike 2007 when they charged $102,063 to audit 2006.
- The end of Feb has come and gone. Qmark and I took a day out of our schedules to drive to Pickering, at our expense, to listen to TF. We were subjected to untruths by the man himself and one of his business advisers. Any reports we made on this board were accounts of our conversations with those present, nothing more. They were not our personal promises. You can 'wait patiently' all you like, nothing more is forthcoming.
- The Pickering facility can build 3000 units/month using a single shift @ 40 hrs/week. Run 24/7 and it can make over 10,000 units per month. If the subcontractors can keep up.
- Stop listening to rumours. Repeating rumours on the board is killing us, faster.
- "I have also realized that they have been no sales announced in the first two months of the year." (icit1). Read the NR Jan 9th. Here. The post that the above was lifted from is a prime example of a rumour-filled post.
- The TSX finished a review just last month. Less than 4 weeks ago! Sure, call a halt, call the TSX, call the OSC, call a meeting, but how often can you do it? They were just cleared by the TSX, nothing is going on.
- The SP is suffering as we can't get new retail investors on board. Who would buy in, just read this board or the stockhouse board, no way. And retail leads to brokers, and then institutional buying. We're going nowhere soon. Hence the very weak bid.
- Nobody has yet established how carbon credits would, or could, work in respect of HI to the best of my knowledge. I personally think that the DYA dynamometer is a great sales tool, an boon to R&D and will ultimately form the basis of accreditation toward CCs. Lets face it, if they were making 10,000 units a month and managing to fit them, how would 'the government' manage to test all those trucks 'independently'? Fuel savings is secondary to the environment, emission reduction is vital. Certifying fuel savings may represent a small % in total emission reduction and it's hard to measure, but move a sensor over the exhaust whilst the truck is on the weigh-bridge and the 90%+ reduction in emissions is easy to test for, quickly and cheaply.
- The lawsuit will likely be settled when either the parties concerned agree to let it go or it goes to court. It's apparently not affecting sales anymore. We are not the only company out there facing potential legal actions. RIM has suffered with years of pending lawsuits, some resolved, some outstanding. Lawsuits typically only affect successful companies too. Nobody sues losers.
- Some of the posts on this board are getting toward bashing IMO, but as nobody is reporting them as such I'll let them stay. I don't understand why so-called shareholders tolerate it, but I'm just watching right now.
Just my opinions ladies & gents. Frustrating times ahead by the look of it. Most importantly, remember that I'm not on the Fairfull Christmas card list. I'm no fan, and right now he's not returning my calls as our last conversations have been pretty heated. But I wasn't out to make friends with him.
Rich