AppSwarm Inc (SWRM): i took a quick look at HBSC and this is...

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Lazarus

Re: None

Friday, 03/02/2007 11:08:49 AM

Friday, March 02, 2007 11:08:49 AM

i took a quick look at HBSC and this is what i saw:

i browsed their financials and noticed they have accumulated a HUGE deficit of 22,611,100 and they have ZERO revenues.

their liabilities exceed their assets.

take a moment to think: if your rent is 300 dollars and you only have 100 dollars to pay - what happens?

go here for the last Q:
http://www.sec.gov/Archives/edgar/data/1070181/000109181806000401/hbsc11130610qsb.htm

THE I LOOKED AT THEIR WEBSITE:

http://www.humanbiosystems.com/

2 of the 3 links dont work

also what does and Ethenol Project have to do with Human Platelets.

the were formerly: Hyperbaric Systems until 2002 which apparently touted the same things - read the following:

http://www.allbusiness.com/health-care-social-assistance/ambulatory-health-services/646627-1.html

http://www.allbusiness.com/north-america/united-states-california/1168425-1.html#

and accomplished nothing

the company was charged by the SEC in connection with the fraudulent offer and sale of securities in August 2002 :

http://www.sec.gov/litigation/litreleases/lr17659.htm

this man was is also specifically mentioned in the above link

Harry Masuda ("Masuda"), age 57 and a resident of Palo Alto, California, is the President and CEO of Hyperbaric.

Masuda is the current CEO and CFO - [look at the filings again]

Masuda is also listed in this complaint:

http://www.sec.gov/litigation/complaints/comp17659.htm

HENCE:

Professor Lazarus - Flea Trainer , PsydeWalk Psychoanalyst, SmallCap Swami, and Gumshoe Extraordinaire advises caution.

____

note: Professor Lazarus is not qualified investment advisor