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RHWC - Reliant Home Warranty Corp
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popeye
Saturday, October 28, 2006, 8:22:11am Quote Report to Moderator
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I would be careful with  RHWC.  The company has a history of name changes and reverse splits.   On the last 10Q  RHWC had only $9,288 in Current Assets and $1,347,894 in Current Liabilities.  The net loss for the past six months was $1,708,550.  The company owes 145 times what it is capable of paying in the current year.  As a result the company must continue to heavily dilute by issuing shares to survive.
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santa
Saturday, October 28, 2006, 11:07:54pm Quote Report to Moderator
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Popeye:

1. The 10Q is old data, finances before June 30th and before all the new funding and most of the posts I have shown here.
2. The company started in march of last year, before that under a different management for a different product in a different industry so again absolete data.
3. The 1:22 spilt you may be alluding to, was at the time this particular company started in March '05 so it does not count!
4. With the  influx of new revenues from existing loan vehicles (250M) they are getting now, there is no reason to suspect they will need to do any dilution or will have any noticable debt as you describe.
5. The stock price has performed admirably and anyone taking my advice is already making a great return!
6. Everything about this company is showing that they have met goals and attracted respect in the industry.

I can't find a better more promising stock in this market so you may want to reconsider your warning! I won't let doubt, loose me money by selling a stocks with this kind of info! Especially when the conflicting info is N/A!
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Wednesday, October 17, 2007, 12:33:57am Quote Report to Moderator
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