My order shows either HOLD, PENDING or PROCESSING what does that mean?

ORDER STATUS 

PENDING = A NEW ORDER 

HOLD = WE ARE WAITING FOR PAYMENT or HAVE PAYMENT AND HAVEN'T INVOICED YET

PROCESSING = WE RECEIVED PAYMENT AND YOUR ORDER WILL BE SHIPPED SOON

COMPLETE = ORDER IS SHIPPED, YOUR ORDER IS COMPLETE

All the order status's can be found under your order in "My Account / My Orders"