Houston Natural Resources Corp (HNRC)

[Melly Mell]

I wasn't, but I will entertain you briefly...

So the audited financials have gone from "around" 30 June to sometime in August?

Let's pay attention please, rocket science, but try and follow me...

Companies seldom have an audit, and have the results made public the same day.

The audited financials are to cover Q2.

Q2 ends June 30, 2014.

Financials , audited or not, as with most companies, are released within 45 days after they are completed, given an extension is not filed.

More specifically:

The form 10-Q must be filed within 40 days for large accelerated filers and accelerated filers or 45 days after the end of the fiscal quarter for all other registrants (formerly 45 days).

http://en.wikipedia.org/wiki/Form_10-Q

April 3:

The company also announced that it intends to complete an initial $10,000,000 in financing, with its underwriter, by the end of the second quarter on June 30, 2014. This would include have the audited financials completed for the transaction.

http://www.otcmarkets.com/stock/WNTR/news/WORLDWIDE-PROVIDES-SHAREHOLDER-UPDATE-ON-SOLAR-PROJECT?id=78535&b=y

April 11:

The company also announced that it expects the audited statements for its listing to be completed by June 30, 2014.

http://www.otcmarkets.com/stock/WNTR/news/Worldwide-Completes-Investment-in-Telemedcare?id=78931&b=y


Did you notice that Q1 ended the end of March, and financials were posted in May?
May 9:

The Company intends to file its quarterly report for the period ended by May 15, 2014 and is on schedule to have its audit completed as part of the public listing.

http://www.otcmarkets.com/stock/WNTR/news/Worldwide-CEO-Releases-Shareholder-Update?id=80435&b=y

June 6:

and the company will file its June 30, 2014 financials on or before August 14, 2014.

http://www.otcmarkets.com/stock/WNTR/news/Worldwide-CEO-Interviewed-on-Stock-Traders-Program?id=82239&b=y
June 27:

The company intends to have its financial statements audited as of June 30, 2014 and in compliance with the requirements of the OTC Markets will file the financials on or before August 14, 2014.

http://www.otcmarkets.com/stock/WNTR/news/WORLDWIDE-TO-IMPLEMENT-DIVIDEND-POLICY?id=83540&b=y

Now, Dividends.
Back in 2013, Frank proposed dividends for shareholders in 2014.

The company intends to make spin off some of its interest in its portfolio companies as stock dividends to shareholders in 2014.

http://www.otcmarkets.com/stock/WNTR/news/Worldwide-Provides-Shareholder-Update?id=72181&b=y

Results:

http://www.otcmarkets.com/stock/WNTR/news/Worldwide-to-Declare-Dividend?id=81155&b=y

So..I agree, Frank has done what he said and "played the divy card".

Considering it is not a mandatory obligation for a "Pink Sheet CEO" to even have an audit, I think it's commendable and ambitious for the proposal to even be made.

So...in laymen terms, the filing date is standard, within the filing deadline, and to my knowledge was not said to be public information "around" June 30.

However, I'll remain unbiased , and encourage you to present documents, links, etch a sketch, or anything that can validate your claim that the audited financials were to be made public "around" June 3, 2014, and I will be happy to address Frank in that regard. I will be patiently waiting.

All the best..

WNTR