Houston Natural Resources Corp (HNRC)

[cracity]

Here is my argument. Frank took over in April 2013.
Here are the supposed assets he brought with him.

June 30 Ended Filing

TOTAL ASSETS $ 18,419,771

Here are PRs where WNTR issued series C shares they valued at $5 per share that help to boost asset holdings.

WORLDWIDE INTERNET ACQUIRES WORLD CAPITAL LEASING PORTFOLIO

WILLIAMSBURG, VA, JULY 30, 2013 - Worldwide Internet, Inc. (OTC: WNTR) announced today that it has completed the acquisition of a $3,000,000 portfolio of leases from World Capital Leasing, Inc. in New York. The portfolio was acquired for the issuance of 600,000 shares of the company's Series C Preferred Shares with a stated value of $5 per share.

Worldwide Acquires Interest in Cyber Security Company

NEW YORK, NY--(Marketwired - Nov 20, 2013) - Worldwide Internet, Inc. (OTC Pink: WNTR) announced today that it has completed the acquisition of an interest in Encryption Solutions, Inc.The interest was acquired from an existing Encryption Solutions, Inc. shareholder, in a private transaction, in exchange for its Series C Preferred shares. The company also has an option to increase its ownership in Encryption Solutions, Inc. The company has authorized 45,000,000 shares of Series C Preferred, with a stated value of $5.00 per shares to provide for up to $225 million in acquisitions with minimum dilution to shareholders.


Worldwide Acquires Interest in Medical Device Company

NEW YORK, NY--(Marketwired - Dec 16, 2013) - Worldwide Internet, Inc. (OTC Pink: WNTR) announced today that it has completed the acquisition of an interest in DPS Ventures LLC the owners of Dr Belt's Back Fix.The interest was acquired from DPS Ventures LLC, in a private transaction, in exchange for the Worldwide Series C Preferred shares. The company also has an option to increase its ownership in DPS Ventures, LLC. The company has authorized 45,000,000 shares of Series C Preferred, with a stated value of $5.00 per shares to provide for up to $225 million in acquisitions with minimum dilution to shareholders.

Worldwide Acquires Interest in Text Messaging Company

NEW YORK, NY--(Marketwired - Dec 19, 2013) - Worldwide Internet, Inc. (OTC Pink: WNTR) announced today that it has completed the acquisition of an interest in Global Marketing Services LLC that provide sales and marketing for I-Texts (www.i-texts.com).The interest was acquired from Global Marketing Services LLC, in a private transaction, in exchange for the Worldwide Series C Preferred shares. The company also has an option to increase its ownership in Global Marketing Services, LLC. The company has authorized 45,000,000 shares of Series C Preferred, with a stated value of $5.00 per shares to provide for up to $225 million in acquisitions with minimum dilution to shareholders.



So after taking the $18M assets Frank already had, then issuing shares for stake in these other companies, the assets where more than $31M at the end of the 2013 year.

Annual Report ending 2013

Total Assets 31,695,666


So they had the first quarter of 2014 to make revenue off the $31M in assets, $18M in which Frank had prior to April 2013 and they only make $230,000 in revenue?

Quarterly Report period ended 3/31/2014.

Total Revenues 229,907

There are your facts.