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welcome...BIG GREEN coming here..
Thanks for sharing another great write up.
have a look
https://topnewsguide.com/2022/08/03/stocks-on-the-move-hnrc-blfe-zrfy-hhse-hmnu/
stock has been the big outperformer over the past week. The stock has soared as much as 200% on increased volume and is trading well above its 200-Day moving average.
In the second fiscal quarter, Houston Natural managed to bring in revenues to the tune of as much as $5,125,473 and in the first six months of the year, the revenues stood at $8,687,641. The revenues first the first six months of the year actually reflected a 41% rise from the revenues of $7,614,534 that had been generated by the company in the first six months of 2021.
On the other hand, the net income for the first six months of the year stood at $5,526,987 and that reflected a year-on-year rise of as much as 38% from the $4,006,260 in net income that had been generated in the prior year period.
That worked out to earnings per share of $0.18 for the six months of 2022. On the other hand, the net assets under Houston Natural Resources Corporation’s control at the end of June 30, 2022, were valued at $74,111,221 and the value of the net assets per share came in at $2.43.
VERT selling shares now..20k but didnt even budge the ask...smh
HNRC has been holding support pretty well
decent volume to start the day as well
they have the opportunity to really turn things around for this stock
@Denn55 No, they say the record date is in the 3rd quarter, so no later than the end of September. But that could be ANY day. You must have the hnrc shares on that date!
Is it time to breakout?
Of course the closer you get to that date the more expensive the shares will be. Sooner is always better in this case.
Got a starter position yesterday after seeing the amount of revenue made.
Great to know we have a spinoff of assets coming too!
Multibagger here.
Glta.
To all new comers : You have until the end of this quarter. End of Sept to buy more shares and reap the rewards of the upcoming dividends.
This is getting primed! Working its way up!
yes and open higher tomorrow.........glta
KEEP HITTING THAT ASK........DO NOT LET UP
HIT THE ASK...........GO GO HNRC
DAMN huge bids stacking now .51 up
LOL THERE I GO......HNRC
THIS WILL MAKE YOU PROUD......HNRD
frustrating yes.......but partly our fault....we play into their hands by trying to always buy cheap........a penny or so means nothing tn the long run up ......at this price,, this is a gift......you will see in the weeks to come......HIT THE ASK....LET IT RUN,...HNRC GO$$$$$$$$$$$$
That's what I'm saying, the last divy frank dangled out there NEVER was tradable. Look it up if you are curious. Good luck here
Dilution or shorts??either way its frustrating.Undercutting the ask as
soon as it goes up a little.
It doesn't trade yet.
WDHI? Where does that trade?? Be careful here, frank has promised share dividends of a company that could never be traded. He went the Canadian stock exchange if I remember correctly. Of course the shares were never tradable.
Getting more followers but few buyers, waiting to see if management comes accross with a plan concerning div's. Not enough to stop the MM's from taking it below .50. As you said get off pink sheets and be open with shareholders then it may take off with enough volume. Even then it will be a slow ride, cause therr will be too many flippers and traders to maintain any momentum imo.
imo, this is truly a company on the move...they will make us all proud to be a part of it......thanks to all
There are a lot of people watching you now HNRC
same action as friday......they are determined to keep this down
audited financials would help also
Def anything under $0.50...Much larger play here to come 3Q
WHERE ARE THE BUYERS AT THIS PRICE???
The second Quarter the company announced a $53M non energy asset spin-off into Worldwide Diversified Holdings, Inc. (WDHI) in 2022 and HNRC's shareholders would receive a dividend of $1.75 of WDHI shares for each HNRC share owned as announced on June 30, 2022.
The company plans to make an up listing to the OTCQB in the fourth quarter
The company's second quarter revenues of $5,125,473 and $8,687,641 for the first six months of 2022 a 41% increase compared to $7,614,534 through June 30, 2021.
The company's net earnings have increased 38% to $5,526,987 for the six-month period ending June 30, 2022, compared to $4,006,260 for the same period ending June 30, 2021. This equates to $0.18 per share in earnings per share (EPS) for the first six months of 2022.
The company's net assets have increased to $74,111,221 and the company's net asset value is $2.43 per share for the period ending June 30, 2022.
AGREED...............AGREED
the next step of professionalism would be GETTING OFF OF THE FUCKING PINK SHEETS
*and telling us the get in date to receive the WDHI div*
It's my understanding 'Sometime in the 3rd Qtr'...
For about $0.50pps!!!
agree with that,, we are looking great here
I love these parts
The company's net earnings have increased 38% to $5,526,987 for the six-month period ending June 30, 2022, compared to $4,006,260 for the same period ending June 30, 2021. This equates to $0.18 per share in earnings per share (EPS) for the first six months of 2022.
the company's net asset value is $2.43 per share for the period ending June 30, 2022.
HNRC
cents........lol.........anyway.......hit that ask
GO HNRC.............20 DOLLAR STOCK SELLING FOR 50 CEBTS,,,,,WGAT A BUY
The second Quarter the company announced a $53M non energy asset spin-off into Worldwide Diversified Holdings, Inc. (WDHI) in 2022 and HNRC's shareholders would receive a dividend of $1.75 of WDHI shares for each HNRC share owned as announced on June 30, 2022. The spin-off changes the focus of the company towards its energy reserves, primarily 83 oil wells, estimated 33 million barrels in Texas among other interests.
The company's net earnings have increased 38% to $5,526,987 for the six-month period ending June 30, 2022, compared to $4,006,260 for the same period ending June 30, 2021. This equates to $0.18 per share in earnings per share (EPS) for the first six months of 2022. The company's net assets have increased to $74,111,221 and the company's net asset value is $2.43 per share for the period ending June 30, 2022. In the first quarter the company sponsored HNR Acquisition Corp a special purpose acquisition corporation that raised $86 million for a business combination. The company is currently working on sponsoring a second special purpose acquisition. The company plans to make an up l
NEWS OUT !!...great numbers from the Q
i didn't see anything about the ex date/qualification date of when investors need to be in to receive the WDHI dividend though
that information would have been helpful
This equates to $0.18 per share in earnings per share (EPS) for the first six months of 2022.
The company's net assets have increased to $74,111,221 and the company's net asset value is $2.43 per share for the period ending June 30, 2022.
perfectly normal for a small company to be selling shares (in a controlled manner)
the benefit is the current OS is 30.3 million
which isn't BAD, but i'm looking long term
if it's 80m in 2 years well that is a bit uglier.
however if it's only 40-45m by that point- okay great.
we can all win in a big way
also good for them on getting the filing done so early
most companies will be the final day or file for the 2 week extension.
so congrats to HNRC there.
very professional.
They have been diluting in small quantities but still only 30 million shares OS. It has been about 3 million a quarter. I can live with that.
Sorry to say that you guessed wrong! Not shorting! Nice conclusion because of first time poster, lol. I'm in and I'm long!
Not a basher, been in a few days, on 7/25 @.26 but haven't posted, sorry, my bad, no need to! Lol.
Just checking if they intent to make some kind of offering that's ridiculously way lower than what the stock is trading, that's what they usually do from what I've experienced.
Page 14.
"While the Company is operating and generating revenues, the Company’s cash position may not be
significant enough to support the Company’s daily operations. Management intends to raise additional
funds by way of a public or private offering. Management believes that the actions presently being taken
to further implement its business plan and generate revenues provide the opportunity for the Company
to continue as a going concern. While the Company believes in the viability of its strategy to generate
revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability
of the Company to continue as a going concern is dependent upon the Company’s ability to further
implement its business plan. The financial statements do not include any adjustments that might be
necessary if the Company is unable to continue as a going concern."
https://www.otcmarkets.com/otcapi/company/financial-report/340870/content
Thanks!
Good luck!
"Management intends to raise additional funds by way of a public or private offering." Is this what you're referring to? Page 14. Thanks for your input.
While the Company is operating and generating revenues, the Company’s cash position may not be significant enough to support the Company’s daily operations.
Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern.
While the Company believes in the viability of its strategy to generate
revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further
implement its business plan. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
https://www.otcmarkets.com/otcapi/company/financial-report/340870/content
HNRC REPORTS RECORD RESULTS FOR PERIOD ENDING MARCH 31, 2022
https://www.prnewswire.com/news-releases/hnrc-reports-record-results-for-period-ending-march-31-2022-301535722.html
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