Healios KK Ord Shs HLOSF

Mineralfields

[venturevest]

Mineralfields failed to file the proper disclosure documentation regarding the  transactions after the  disclosure  made on Dec  17th, 2009 news release.

They sold heavily into the  market  knowing they could  replace  their investment  with  a new  placement  at  market  price....... pushing the  stock  from  its  high of .10  down to  .035..... the  nominal  value  of a  5 cent  flow through  share.
The  main reason HLO is  trading  at  .035 is  because  MF  pushed it  down  here.
 
In order  for  Mineralfields to  aquire   the  10 Million  flow  through  and  still  be below the  20%  threshold they  had to have  sold shares. The  disclosure  was  indicated in that Dec 17th  news  release.

That  was  the  equivilant of  a pump and dump scheme, where the  company  was  puting out  positive news into the  market creating the  positive  investor sentiment to  take a  position in the  company...... Managment  pumped and  Mineralfields  dumped.

Mineralfields has  thus become a  " significant influence over the  issuer"   This is in the  act as  to who should  file on Sedi.......  as  such  Mineralfields  has  breached the  special status it  had in  not  having to  file  insider  reports..... IF  ANYONE should  have to  file  insider  reports its a  fund  specalizing in  distribution  of  flow through  credits  back to it's  investors.

They had an  obligation to  file  the  proper disclosure on  sedar,  which they did not  do. They  clearly  took advantage of the  market  conditions  and  news  flow to  dump their  shares knowing  full well they   could replace  them with  flow  through  shares at a  price they  created.

The  1 for 10  roll back is  excessive  and  is  being  done to  satisfy the  need  for  Mineralfields to  have  control in the  market for  more  financings. 

Mineralfields  needs managment  like  HLO's to keep on the  treadmill  providing  flow through  placements..... even more than  HLO  needs the  cash, Minerfields needs  flow through vechicals. Time to  kick the  habbit  Linda and  act in the  best  interest  of the  shareholders and  not Mineralfields....  you are  not  worth $ 180,000 to  $207,000 / year   Neither   are  Mark Cernovitch @ $148,000 and  Tom Healy @ $132,000    This is  a 5 cent  stock and your  salaries  amount to  10 million  share  dilution  every  year. JMHO

You can't  milk the  cow and  eat the  cow  at the  same  time!

[Ogre2]

But according to your theory, regardless of your emotion dependent upon when you were invested, the price should jump dramatically.  You yourself state a 5 cent price.  It was obvious flow throughs were pulling it down, now that pressure is off.  wrt flow throughs, I floated that theory by the company in one phone call, and it was not shot down.I would not be surprised if there is

[venturevest]

My opionion is that Mineralfields  sold the  stock down  unloading   almost 20% of the  float into a  boyant market, knowing  they had the commitment of  managment to supply Mineralfields with another  placement .This situation was the  equivilant of a  pump and  dump and  obviously the exchange agreed with

[sweenby]

You have it bang on. A 1 to 5 split would be the way to go and stills leaves an appropriate share structure going forward. I hope they see it that way but mineralfields seems to have them wrapped up!