The Silence Speaks Volumes for Horne International, Inc. (OTC: HNIN) With the company's last press release being issued in April of 2013, the company has remained silent for some time, but they didn't leave investors clueless as to what they're working on. On April 22, 2013, HNIN announced that Dallas Evans would be taking over the company in the capacity of being the new chief executive officer. Mr. Evans is a highly experienced entrepreneur that has worked in both public and private organizations. He has managed real-estate portfolios worth in excess of $1 billion. The company provides public and private sector clients with IT solutions for a sustainable infrastructure, so Mr. Evans seems like the perfect candidate for the job with his experience in both sectors and his excellent financial management history. In addition to bringing in a new, highly experienced leader, the company has greatly cut expenses by reducing administrative expenses and salaries. These voluntary pay-cuts have been enacted in order to increase shareholder value by bringing the company closer to a very profitable state. While the company is working behind the scenes to bring the company to a profitable point, it is left to speculation what incredible news the company could release to shareholders going forward. Who would willingly cut their pay if they didn't fully believe in the company's ability to become very successful, after all? But one thing is clear, and that is that Horne International is hard at work on something, and patient shareholders could be greatly rewarded with the release of the fruits of the companies labor.
HNIN has received our speculative buy rating. Any OTC buy rating is highly speculative, because the OTC markets are very volatile and can quickly cause investors to lose all of their money if they're not careful.