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HOUSTON, Sept. 28, 2022 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNRC or the Company") announced today that it will spin off its non-energy assets to its wholly owned subsidiary Worldwide Diversified Holdings, Inc and then dividend them to its shareholders of record on December 16, 2022. The shares will be distributed to the Company's shareholders upon an effective registration statement. The company is anticipating the registration statement to be completed in the fourth quarter of 2022. The transaction will provide for a dividend of $1.75 per share for every one share of HNRC held by the shareholder on the record date.
Let's not get caught up on news hitting the wires this week. HNRC said they were expecting to close on the Cunningham acquisition by the end of September. That was an estimate, not a firm promise or commitment. Deals can sometimes take longer to close than first expected. Don't be disappointed or panicky if there is not an announcement this week. It could be mid-October. It could be later. Whenever they make the announcement, it should be very positive news, just maybe a little later than we would like.
news is imminent......HIT THAT ASK......GO HNRC
All but 1 was in the morning. Not sure what you are looking at.
All but 1 was in the morning. Not sure what you are looking at.
Looking at HNRC's previous news releases, they are always in the afternoon.
I believe that to be true. I'm sure we are going to get big news this week.
this is last week of Sept......we are definetly going to get news this week.....it could precipitate a huge jump.....this is the time to hit the ask if you want to add or build a position.....this will make you proud ......go HNRC
The Houston Natural Resources Corp. stock price fell by -8.82% on the last day (Thursday, 22nd Sep 2022) from $0.34 to $0.31. During the last trading day the stock fluctuated 53.66% from a day low at $0.22 to a day high of $0.34. The price has fallen in 6 of the last 10 days and is down by -8.81% for this period. Volume has increased on the last day by 51 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 122 thousand shares were bought and sold for approximately $37.87 thousand.
Given the current short-term trend, the stock is expected to rise 43.34% during the next 3 months and, with a 90% probability hold a price between $0.44 and $0.93 at the end of this 3-month period.
next week ........ Cunningham????????? will be the last week of Sept. go HNRC
Let's see if it can rise up, which would be a positive sign.
Time to add i think..seems bottoms in.
I feel opportunity......he who hesitates is lost...HIT THAT ASK....HNRC
Open was a sell for 350 shares at .31659
Close was a sell for the low of the day 838 shares at .3103.
Trying pretty hard here.
Pepe, I have read an old post indicating that you have some deep background info on Crooked MICHAEL WARD. If so, please swing by the MRGE board and drop some of that info on Crooked MICHAEL WARD’s latest known investor scam. It s very much like Tidelands (TIDE) and Crooked JACK HANK’s MMEX scamola.
Grassy ass,
shaj
I dont think so lol
They had $1600 in cash. BWHAAAAAAA
https://www.otcmarkets.com/otcapi/company/financial-report/340870/content
Assets:
Current Assets
Cash 1,636
getting closer............news........short squeeze take your pick.......HIT THAT ASK.......HNRC........WIN WIN
Yep, same chit from the other 773,968 otc stinky pinkies. Hold on boys, uuuggge news coming nexxxt weeeeeek. Bwahaaaaa
imo, we are very close to some huge news........and I have a couple things in mind...if either one of them comes out, we are due for a huge jump.....hang on
Houston Natural Resources Corp (OTCMKTS:HNRC) – It may be a good time for investors to consider tracking the energy company Houston Natural Resources Corp, which is valued at around $10 million at this point in time.
Although the company does have significant oil and gas interests, it could also be said that it is a diversified entity. Houston Natural Resources Corp is also involved in recycling as well as oil field waste disposal which sets the company up as an environmental play as well. The company is based out of Houston and it could well be the right time to start tracking it over the course of the third quarter.
Sent from my Verizon, Samsung Galaxy smartphone
HNRC..........HNRC.....
GREAT FIND......GO ...... HNRC$$$$$$$$$$$$$$
Wall Street 2 Bay Street
ENERGY
Houston Natural Resources Corporation (OTCMKTS:HNRC) Consolidation Signals Short Squeeze Might Be On The Way
ByAnkit Singhania SEP 12, 2022
Thats correct! News is imminent. Much to look forward to!
news is imminent.....pps is a gift......pound that ask....go HNRC
if the cunningham deal is to be finalized by the end of the month, we should start getting some vibes...........HNRC
It's starting to be stellar! This one is enough to be interesting!
this is a great time for the folks wanting to build a position......hit that ask and watch your fortune grow............hnrc
Investors are looking for solid news on the dividend as promised as well as other pending announcements.
Now you are starting to get it. Frank is a scam artist....he will never deliver dividends that amount to anything.
These clowns must all hang out at the same bar. Hnrc is allegedly purchasing Cunningham Energy who has more lawsuits than Carter had peanuts. About the same time, Cunningham Energy is pumping the same type spac deal for 9 figures.
https://www.renaissancecapital.com/IPO-Center/News/92526/SPAC-CE-Energy-Acquisition-files-for-a-$100-million-IPO-targeting-energy-in
And you base your opinion on what?
Yep, this chit is so far over the top I dont know what to believe. The only thing that keeps me from blasting this POS is that it appears someone raised 80 million dollars. LOL I dont trust any of it will trickle down to this POS though
Promises, promises. Until they do the spinoff and we actually see the how the market values the new shares, the market is going to doubt they are really going to be worth as much as HNRC claims. Given that their valuation claim is so outlandish, this doubt spills over and colors the reaction to everything else the company is saying.
I firmly think we have a 10 dollar stock here .....we will watch play out over the next few months......glta and keep hitting the ask
Old Elks was part of this disaster
https://thetexan.news/oil-and-gas-lawsuit-has-trivial-ties-to-railroad-commissioner-candidate-jim-wright/
Trying to figure this chit out….There is money somewhere, just not with this ticker yet.. hmmmm
https://www.spacresearch.com/symbol/HNRAU
Someone explain why these bozos file these meaningless financials? Come on man, they have $1600 in the bank and a virtual office. Tic toc tic toc
This is a lie and sell play. That’s it
Bwahaaaaaaaa there will never be a payment. Old FRANKIE has been doing this stock scam chit for years and years.
Dividends. Bwahaaaaaaaaaaaa noooooooo. Come on man
These clowns have $1600 in the bank and a virtual office for a reason. Wake up, smell the scam
Raises revenue guidance and we go down...smh.
Exactly, there is no volume and without it the sp will keep going down. HNRC will have to do something outside the box to create interest.
Worldwide Diversified Holdings, Inc ("WDHI") has audited statements and will provide for a listing later this year. The dividend record date will be announced during the third quarter and will automatically be distributed to the Company's shareholders. The company is anticipating an initial trading price of $5.00 per share to provide for the Company to list on a major exchange and receive additional capital. The transaction will provide for a dividend of $1.75 of WDHI shares for every one share of HNRC held by the shareholder on the record date.
somebody with a heap of clout is holding this back......why?????
I would like to see them get off the pinks. There are too many brokerages that will not let you buy - Fidelity being one of them.
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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