'grybuck',HERE IS THE RIGHT MATH.
The shorts said "R/S on common HFCO shares to reduce your HFCO shares, but no R/S on
HFCO preferred is a scam".
THE TRUTH IS = THIS IS NOT A SCAM.
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PROVE that HFCO is NOT A SCAM as the shorts said:
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LET's DO THE RIGHT MATH:
1)HFCO COMMON SHARES:
R/S (1:250) on Monday (10/27) does reduce (by 250x) the number of
common shares that a person (Mr.A) owns and the price (the previous closing price) of the new
HFCO share will be increased by 250x.
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This means: Mr. A gets the same (No SCAM).
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For example: Mr.A owns 250 HFCO common shares on 10/14/2014.
(250 shares)x($0.0001)= $0.025
When R/S 1:250 on Monday, Mr. A gets 1 NEW HFCO share. This new shares =
(1 new shares)x($0.025)= $0.025 (THE SAME $0.025).
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NOTE: R/S DOESN'T have any things to do with the price of the
HFCO at the time that Mr.A bought (a month ago, a year ago).
R/S does base on the PREVIOUS CLOSIING PRICE.
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CONCLUSION #1: R/S is NOT A SCAM.
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2)PREFERRED SHARES:
2.A) IF R/S, say 1:250, then the NUMBERS of the pref. shares is reduced, BUT the value (or price ) of the pref. will be increased. So, the owner (Say, Frank) gets the SAME.
THEREFORE, R/S on the pref or not is THE SAME (Please refer to example 1 above for the math).
CONCLUSION #2: "NO R/S on preferred" is NOT A SCAM.
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Note: R/S has nothing to do with the HFCO pps (common or pref) in the future either.
Long and Strong HFCO $$$$$$$$$$$$$
