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nope, been seeing no bid for quite a while. Putting 5,000 shares at times as a bid to try to make it look like there is a real bid is typical manipulation. Anyone with L2 already would know that.
We see now there is mostly no bid for HRNF.
it will hit $0.0002 and lower.
being propped up by hype and paid stock promotion (paid in APCX shares)
no bid may mean another reverse spli is coming, so the share price can fall further.
Shorting opportunity. Good news.
The massive dilution alone will make the stock go much lower.
Then they will pull the reverse split trick when it sits at no bid, $0.0001 ask. Then the stock price can resume going even lower.
Seeing no bid no volume
Last trade 3 days ago.
Time & Sales
Price Size Exch Time
$0.0001 4,900,000 OTO 03/29
No bid, $0.0001 ask for HRNF.
Back to where it was for much of 2010.
Yes, the company has putout zero info to shareholders since then, in any form. Maybe it is the SEC action regarding those billions and billions of share HRNF gave out for cash.
I see they are not even updating pinksheets with the 15 billion shares authorized (Per press release and Delaware). They promised paperwork was would be ready by the first week in Feb.
Oronoco - 95% cost of sales, so not much left for profit before all the other charges added on. Might lost money on every sales after items are added.
They are diluting. We saw stock promoter disclosure that they are being paid shares for market awareness and investor relations.
There is no short issue with HRNF. Even the CEO doesn't claim there is any problem.
He probably found there is no shorting, according to bi-monthly report. Claims of shorting issues? Kidding, right? LOL
This is 100% fact. If you do your DD, you can find this fact for yourself.
HOP-ON's deal may be with USACIG. That way they can keep the details a secret and still claim they made a deal, all while having no sales.
A letter of intent is not really a reason to get excited.
Most of hop-on's previous deals actually turned out to not happen.
Yep, most selling, now that they know Oronoco division has a 95% cost of sales and almost no profit, before additional charges.
Seems APCX failed to list that in their fluff press releases about revenue.
$4.50 trade to paint the tape.
Looks like $0.0002 may happen sooner than most were expecting. Now that they updated pinksheets with their 2010 info, they can really dilute fast and furious.
Looks like Heathrow lied again
Promised paperwork ready for pinksheets update first week in Feb, but didn't happen.
Can't believe anything they put out in PR's or through their paid stock promoters.
With no bid being more the norm, he was probably fortunate to get a sale at $0.0001.
Correct red, there are no shorts in HRNF. There is no evidence that there is much of any shorting, and MM's are allowed to short a little as they try to make a market. The bi-monthly short report shows that there is no short problem, and has not been.
Daily short numbers actually are often retail sales. The twice-monthy short interest is more reliable. That will increase if the selling and dilution is allowed to resume. Currently it appears that HRNF is not able to dilute. They might be able to give shares for services. I wonder if the TA is frozen now, too?
Did HRNF get suspended from trading? Is this something else he failed to disclose?
a reverse split? that is likely, but Pags still may want to keep selling at $0.0001. That is a 50% higher price than he got for those billions of shares dumped by HRNF in 2010.
With billions of shares in dilution, high volume selling like this will be common, as the share price drops.
1.5 billion shares in dilution in just one transaction - ouch, now that is dilution.
Yes, dilution evidence is clear...and recent dilution, too.
Facts are facts.
Not necessarily. We are finding out about all those special shares and that the share pool remains bloated. They also owe quite a lot of money.
no one is slandering him. And libel is only libel when proven, with truth being the best defense against false libel claims by a company. So far, I see pretty much opinions and DD on the massive dilution from APCX, which is clearly evident.
Correct - the TA appeared to be gagged. Probably got lots of complaints as this is not good for those trying to do DD, especially when the company has been diluting so much.
Doesn't Heathrow rely on exepmtion from registration? That unregistered share problem in the Gendarme deals with HRNF was all for unregistered shares.
The fact is, there are 15 billion shares authorized and HRNF seems to be unwilling or unable to update the markets with current information. They promised the paperwork would be ready the 1st week in February. Looks like just one more failure among many.
Actually the company has filed with Delaware, their state of incorporation, to increase the authorized shares to 15 billion shares.
This is what they PR'd about....the first clue/disclosure from the company that they did indeed raise the A/S to 15 billion shares.
Maybe the transfer agent should review the Delaware info. After all, the TA is paid to try to keep current information on the equity. It appears it is also Heathrow's fault for not keeping the TA updated.
Yes HRNF's multiple share deals with Gendarme netted lots of cash for Heathrow. Around $825,000
Here is one of the latest dilution admissions from HRNF, from 2010.
Warrants and Options Exercised
During the three months ended June 30, 2010, options to purchase 1,500,000,000 shares were exercised for cash proceeds of $75,000.
HRNF gave out those shares for around a 50% discount to the share price.
$75,000 / 1,500,000,000 shares = 0.00005 per share
Despite the dilution and cash given to HRNF, HRNF reported only around $3,000 cash left in their coffers.
HRNF has refused to disclose their share deals and how many warrants they issued since June 30 2010. Thus, the big red stop sign "No Information" warning you see when viewing the pinksheets dot com quote.
I did. Doesn't look good.
At least now they can continue diluting for another month or so.
Is the transfer agent really not allowed to give current share structure updates? That's sure not a good sign....must be even more dilution if the TA is gagged.
margin on sales only 5%.
Sounds like a re-seller to me, not a telecom.
But so many app re-sellers like Oronoco already have much better business models and many are backed by big companies....Oronoco is not.
The PR's about sales seem designed to help dump even more shares. They even pay stock promoters to help the dump, IMO.
Because the CEO is a crook, a convicted felon, still serving his sentence.
He is known for putting out things that one needs to pick apart.
Yes, changed for the worse.
So many things that heathrow puts out that never happen.
One of the lousily-run companies out there.
And they don't pay their court judgment obligations. I suppose if they think that just because the law doesn't have easy ways to sieze assets, they will continue to avoid paying what they admit they owe. I wouldn't trust a company that does not pay its obligations.
Maybe the ecig (distributor )co Peter was the ceo of recently has an east coast mail drop box they do business from like hop-on does?
Remember, the ecig co was announced and he didn't initially disclose he was the ceo of that company, too.
Must have some more shares to dunp.
the deal is only with a 3rd party peddler that will try to sell the products to other distributors.
They failed to tell investors if there were any deals to actually sell retail product.
Nope, the margins are tiny....and that number of 5% is just what is left after cost of sales from Oronoco. They also will get more charges from the parent company, etc.
$0.0002 not too far away
Just how many shares will get dumped at these high prices?
great time to short
financial may no be the only bad news coming, IMO