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Stocklemon Updates on Home Solutions of America (NASDAQ:HSOA)

Posted in Citron Reports by CitronResearch on the October 18th, 2006

 stock ticker: HSOA

Home Solutions of America
The Story has gone from Bad to Worse

Over the past few months, Stocklemon has published a collection of stories exposing the lack of clarity and disclosure at Home Solutions of America (NASDAQ:HSOA).

In our last report, we challenged management to disclose these “mystery contracts” that are supposed to rocket take the company to $160 million gross revenues in its guidance, and we were met with a silence.   Stocklemon believes that HSOA has misled the public about the true nature of their business and it is all starting to unravel in front of our eyes.

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Stocklemon Reports on Systemax, Inc.

Posted in Citron Reports by CitronResearch on the October 12th, 2006

 stock ticker: SYX

Stocklemon Reports on Systemax, Inc. (NYSE:SYX)

Systemax, best known for its TigerDirect.com internet retailing operation, has had an enormous run recently.  After trading in a narrow range for over 3 years, it began a meteoric rise of over 150% in just weeks this fall.

Accounting Concerns

On October 11, 2006, Systemax announced that its 2nd quarter – which was due August 15th for the quarter ended June 30 –  would be late… again.  This is no surprise — the company just came out of a restatement period in which their own auditor gave a list of warnings about internal controls.
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Stocklemon Reports on Interoil (Amex:IOC)

Posted in Citron Reports by CitronResearch on the October 11th, 2006

 stock ticker: IOC

Interoil (Amex:IOC)…”Aspirations in the clouds and the hopes go down the drain” (Howard Jones).

  • No CFO
  • No Oil Reserves
  • Restatement of Financials
  • No Pipeline Deal
  • Going Concern from auditor
  • Huge Writedowns looming

But besides that everything is great….just ask Raymond James.

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Stocklemon Reports on Biz Auctions.

Posted in Citron Reports by CitronResearch on the October 4th, 2006

 stock ticker: BZCN

Stocklemon CALLS FRAUD on Biz Auctions (BZCN.pk)

Biz Auctions is COMMITTING FRAUD on the American public and will be stopped soon.  Mailboxes throughout the country are being flooded with solicitations urging people to buy BZCN under utterly fraudulent pretense.   This fraud is being perpetrated by a career stock promoter who must be stopped by the Federal Government.

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