Houston Natural Resources Corp (HNRC)

[vulken17]

$WNTR expecting news today. Extention or completion?
The company has previously announced a Tender Offer to acquire up to 2,000,000,000 of its company common shares at price of $0.0001 to $0.01 per share. The company has extended the offer until September 30, 2016. The company is evaluating other ways to increase shareholder value. The company has received, as of June 30, 2016, a total of 28,033,400 common shares at prices between $0.0001 and $0.01. It has also received a total redemption of 650,000,000 previously issued common shares, to reduce the amount of shares outstanding. The shares have not been adjusted to the outstanding and issued shares until the tender offer is completed.