Healios KK Ord Shs HLOSF

MD & A and Interim Financials Out

[The300]

Its like a ghost town here.

Looks like someone didn't like the MD & A and Financials released today.

It looks like the company has about $4,200,000 in cash (including the sale of the NSR for $1.2 million).   The problem is that management continues to burn through cash yet is unable to market the company or create any kind of support for the stock.

We are still waiting on results from drilling on Halo's 100% owned property which are now overdue.  In February the company stated in a press release that we should have results in early March from that drill program.  Either we've hit some big numbers which have to be re-assayed or the holes were duds and the company is dragging their feet in releasing the results.  I think the market may be telling us the latter.

The company's market cap is now approx. $8 million.  With $4.2 million in cash, the company's assets are being given a value of $3.8 million.  Hard to believe.  I remember our resident jester 25 cents repeating the phrase that management was good at raising money and nothing else.  Hopefully he is proven wrong, but it is getting tough to counter his position.

I still hold every share of Halo but am growing more and more concerned.

Regards,

The 300

[Camaroni]

There is nothing can be done when an seller sells (liquidates) into the market for a set number of shares "at market" price as opposed to a set price. Small volume ends up chasing the bids down the rabbit hold. That is what happened today.

[The300]

Hey Camaroni,I agree with your assessment that we still have someone continuing to dump.  I've been told a few times in the past by various company reps that it is Dwek that continues to dump and am always told  that "they are just about done selling",  Not sure if that is the case.  Unfortunately the sells are coming from a number of different houses and

[Camaroni]

Hey 300, Hard to watch 140K shares cross and sink my ship price wise. But I am looking at Pinetree (PNP) holding 13% of te company still holding and we know they are in it for more than the minute to make their face on a parabolic rise. Soooooooooooo just suffering the weak hads (Dwek or otherwise).  Actually, thinking about averageing down here. LOL Tough call.......................... tic

[The300]

Hey Camaroni,I was actually thinking the same thing in terms of averaging down.  Halo's cash value alone is worth .15 / share ($4,200,000 / 28,000,000 shares), so you are buying the assets for about $.17 share (based on $.32 stock price).The only thing that prevents me from buying more at this point is the lack of communication and marketing coming from the company. 

[Camaroni]

Acording to Stockhouse. TD has bk val at $1.20 or so. One analyst places a $2.10 spec buy rating on it and the company has a lot of resources and partners with deep pockets. Certainly seems like it worth a further risk to average down a bit for when the worm turns. Has an $8 per shr history when the resource was less defined. Really does seem like potential rising star. I have been in for a bout a

[Camaroni]

Hmmmmmmmm, In the last few days bk val on HLO has been reduced on StockHouse to .73/shr. Likely an updated value in response to latest NR. Soooooooo still able to buy below book on this for now.