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What retailers? Heathrow doesn't even sell any product at almost all (except one little online drcolbert) retailers listed on their website.
Isn't that pretty misleading for HRNF to put what appears to be false info on their website, claiming retail partners that don't appear to sell anything from HRNF?
adammc - HRNF indicated in a recent press release that the paperwork would be submitted by the first week in February.
Funny, since the company can do all their updates online with pinksheets.
Maybe the SEC's Gendarme investigation is causing delays with HRNF getting current information to satisfy pinksheets.
The DTCC exiting the cussip for HRNF can't be a good thing, either.
SRV-90 I even got a message that HOP-ON group promotions were going to happen, I believe I got it on Sunday/Monday. I dismissed it right away because I own no shares and don't want to own any.
Looks like paid promoters wanted to allow/help someone to dump tons of shares at $0.0001....and they did.
I'm not sure how they can be diluting, when it appears that HOP-ON has already issued more shares than they are authorized.
at least HRNF is still getting a bid
No telling if it will be getting a bid in the future, IMO.
What could be the delay with updating pinksheets with current info?
More massive dilution? Looks like someone has a need to pay promoter(s) at least $6,000. I wonder if that someone is also planning to dump shares during the promotion?
Massive dilution since pinksheets got the November 2010 attorney letter to get "current info". Note that pinksheets lists 5 billion shares authorized, yet Nevada shows they only have 2.5 billion shares authorized. Note they list that they have issued more than the 2.49 billion shares authorized by Nevada.
.....
from HPNN's current info claims on pinksheets, under "company info"
Share Structure
Market Value1 $271,350 a/o Feb 08, 2011
Shares Outstanding 2,713,500,000 a/o Oct 26, 2010
Float 1,115,000,000 a/o Sep 30, 2010
Authorized Shares 5,000,000,000 a/o Oct 26, 2010
Par Value 0.001
from Nevada (HOP-ON's state of incorporation) SOS website
Action Type: Amendment
Document Number: 20100106444-32 # of Pages: 1
File Date: 2/19/2010 Effective Date:
Previous Stock Value: Par Value Shares: 1,490,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 159,000.00 New Stock Value: Par Value Shares: 2,490,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 259,000.00
red -The Gendarme SEC action does concern me a bit.
How could HRNF NOT have known that those billions and billions of shares were being dumped? The TA removed the restrictions based on attornety letters. Wouldn't notice be automatically-given to Pags that exemption from registration claims were being used to bloat the share structure with free-trading shares? Isn't that what they pay the TA to do? HRNF got around $825K for the warrants/shares.
Observation - There seemed to be pretty aggressive stock promotion going on during that time of the Gendarme share WEHI (now HRNF)conversion/dumping, too. Same with the promotion during Gendarme HRNF share dumping, too.
Note that Gendarme sold those WEHI (now HRNF) shares BEFORE the 2009 1:300 reverse split, then the stock price simply tanked to no bid.
Excerpt from SEC complaint (can be found at http://www.sec.gov/litigation/complaints/2011/comp21798.pdf ).
From March to September 2008, Gendarme paid WEHI more than $615,000 for more than 6 billion shares purchased under the warrants. As Gendarme obtained WEHI shares, it sold most of them within days or weeks for gross sales of more than $780,000 and a profit of more than $165,000 through September 2008.
SevenTen Re: Judgement liens against HRNF. - correction (to post #33059) with my apologies. Tried to edit it but time allowed for editing had expired). It was pennezFromHeaven that made this claim, not you. You seem to get quite a bit of material info directly from the company, though.
PennezFromHeaven Share Wednesday, January 26, 2011 1:36:53 PM
Re: None Post # of 33065
Judgement was removed 1-18. Will be shown by Monday!!!!
Corrected post 33059 re-posted below:
Judgement liens against defendant HRNF remain
PennezFromHeaven poster here claimed these would be removed, but obviously his info was incorrect. This is just one of the judgment liens. Others are active and are under the WGL Entertainment Holdings entity (same company as HRNF).
....................
Judgment Lien Detail
Filing Information
Document Number J10000854676
Status ACTIVE
Case Number 37-2008-00095106-CU-BC-CTL
Name of Court SUPER COURT CALI. SAN DIEGO CO
File Date 08/18/2010
Date of Entry 02/01/2010
Expiration Date 08/18/2015
Amount Due $219,743.79
Interest Rate 06.00 %
Name And Address of Judgment Creditor (Plaintiff)
GOLDEN GATE INVESTORS, INC.
1795 UNION STREET, THIRD FLOOR
SAN FRANSICO, CA 94123
Name And Address of Judgment Debtor(s) (Defendant(s))
HEATHROW NATURAL FLOOD & BEVERAGE, INC.
7025 CR 46A, SUITE 1071
LAKE MARY, FL 32746
Document Number: F08000004202
WGL ENTERTAINMENT HOLDINGS, INC.,
7025 CR 46A, SUITE 1071
LAKE MARY, FL 32746
Document Number: F08000004202
red -very misleading info on HRNF website, IMO. Do you agree?
1. Product not available at retailers HRNF is listed, except possibly drcolbert. HRNF lists:
OUR RETAIL PARTNERS
www.drcolbert.com (posters here claim they ordered product, although this is just a tiny online seller of products located near the CEO's business (out of his home).
General Nutrition Centers (not carrying HRNF product, per GNC website product and brand name searches).
Drug Mart ( Pagnano claims available at all 72 stores - DD by posters here indicates it is not available (do your own DD and contact Drugmart yourself).
Akins Natural Foods (see below)
Chamberlains Natural Foods (see below)
2. Akins Natural Foods is basically the same as Chamberlains (6 locations only).
http://www.chamberlins.com/Locations/locations.html
see that Akins is basically their "sister" website and the administrative contact for the chamberlains domain name has an akins.com email address (from domain name search).
Heathrow product is not available at either of the stores (online or the 6 retail stores).
HRNF missed another promise. Note that updating pinksheets can be easily done online by the company.
.........................
The company continues to pursue a 'Current Information' status with the Pink Sheets quotation system and expects all paper work for such status to be submitted no later than the first week of February, 2011,” said Michael Pagnano, CEO Heathrow Natural Food & Beverage, Inc.
Judgement liens against defendant HRNF remain
SevenTen claimed these would be removed, but obviously his info from the CEO was incorrect. This is just one of the judgment liens. Others are active and are under the WGL Entertainment Holdings entity (same company as HRNF).
....................
Judgment Lien Detail
Filing Information
Document Number J10000854676
Status ACTIVE
Case Number 37-2008-00095106-CU-BC-CTL
Name of Court SUPER COURT CALI. SAN DIEGO CO
File Date 08/18/2010
Date of Entry 02/01/2010
Expiration Date 08/18/2015
Amount Due $219,743.79
Interest Rate 06.00 %
Name And Address of Judgment Creditor (Plaintiff)
GOLDEN GATE INVESTORS, INC.
1795 UNION STREET, THIRD FLOOR
SAN FRANSICO, CA 94123
Name And Address of Judgment Debtor(s) (Defendant(s))
HEATHROW NATURAL FLOOD & BEVERAGE, INC.
7025 CR 46A, SUITE 1071
LAKE MARY, FL 32746
Document Number: F08000004202
WGL ENTERTAINMENT HOLDINGS, INC.,
7025 CR 46A, SUITE 1071
LAKE MARY, FL 32746
Document Number: F08000004202
HRNF may not have bought back any shares
Carefully read their press releases. There is no indication that they have bought back even one share, as part of their share restructuring plan.
They did indicate dilutive equity financing may be needed Jan 10th PR), after claiming "not require further dilution" in their Jan 5th press release.
Now you may understand why so many probably scoff at what HRNF tries to get people to believe. Their history of failing to provide adequate disclosure also troubling.
Many of those promoting this stock seem to ignore the reality of HRNF's actions, leading me to believe their compensation for their services has clouded they judgement.
Beware of those reporting short volume. There is basically no short interest, confirmed at only 3 shares short.
It is almost impossible for most to short this pink sheet stock, as margin requirements to do so make it too expensive to even try.
Has GNC EVER had any HRNF product for sale?
Still no reports that anyone has ever been able to buy it online at GNC.
Of course, can't buy or sell HRNF anymore at some major brokerages.
Peole might finally be doing DD on CEO Pagnano and HRNF and avoiding it at all costs.
Yes DTCC has placed restrictions on clearing, and large brokerages like Scottrade and Etrade will not allow buys or sells of the stock.
Some firms do self-clearing, so that is probably the only trading occurring. Also, MM's may also just trade back-forth to make it look like there is volume, or to try to provide a little liquidity.
hadesdog - found MCIM Trading, Plymouth MN (although Pagnano lists it as in Minneapolis)
Filing Number: 2590243-2 Entity Type: Limited Liability Company
Original Date of Filing: 11/15/2007 Entity Status: Active
Entity Date to Expire: Chapter: 322B
Good Standing:
(date of last annual filing) 2010
Name: MCIM Trading Company, LLC
Registered Office Address: 4655 Ximines Ln N
Plymouth, MN, 55442
Home State: MN
Agent Name: Anne Sklar
OK, the cell phone is a Michigan number. Pagnano claims the company name is Global Investments LLC.
A LLC is required to file with their state as a LLC, right?
So what state is the LLC listed in?
Is mikee not taking calls from you anymore?
HPNN - even bigger problem....
Can't issue more shares that you have authorized in your state of incorporation.
If the O/S count HPNN gave to pinksheets is correct (above 2.5 billion shares) and we know they have only 2.5 billion shares authorized (Per Nevada SOS), then they could be in a bit of hot water with regulators.
Maybe thats why the DTCC took the action it did against HOP-ON, instituting clearing restrictions, etc.
Seven - I kinda figured you'd write that, given the other info you said you'd check on and have still failed to do.
Also interesting that the only company by that name one can find using a google search is a Russian scam company.
Also interesting that the company HRNF says it is using is doing business by cell phone. Red flags come up already on that one.
SevenTen can call HRNF's investor relations at
CONTACT:
For Heathrow Natural Food & Beverage, Inc. Global Investments, LLC Michael Paul, 1-248-224-0307
We would like to know what state they are registered as a LLC in, and if Global Investments LLC is their real business name.
Similar names of companies authorized to do business (domiciled) in Michigan.
http://www.dleg.state.mi.us/bcs_corp/rs_corp.asp?s_button=sword&v_search=global+investments+llc&hiddenField=&search=Search
Once again, Pagnano either puts out incomplete info, or does not want people doing DD, IMO.
Correct - no Global Investments LLC listed as a company in Michigan.
People should call invetor relations and ask where they are domiciled (what State), and confirm their business name.
hadsdog - I think that is a Russian scammer, not the same company HRNN PR'd about.
HRNF once again only gave out a little info, not enough to do much DD.
Still, I'm not sure I'd do biz with a company with the same exat name of the Russian check scamming/wire fraud company, IMO.
Yes, heavy selling will resume once the DTC issue is resolved.
This may take quite along time, like it did during 2010.
Now that they raised share auth to 15 billion shares, why would anyone buy this thing?
Their website claims of retail partners also seems a bit suspicious, given people found so many that actually do not sell the products
HOP-ON issued too many shares - big problem
from another message board.....
HOP-ON too many shares issued - ouch
pinksheets dot com lists
Shares Outstanding 2,713,500,000 a/o Oct 26, 2010
Float 1,115,000,000 a/o Sep 30, 2010
Authorized Shares 5,000,000,000 a/o Oct 26, 2010
Nevada (state of incorporation) indicates they are only authorized to have 2.5 billion shares (see New Stock Value below)
................
Action Type: Amendment
Document Number: 20100106444-32 # of Pages: 1
File Date: 2/19/2010 Effective Date:
Previous Stock Value: Par Value Shares: 1,490,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 159,000.00 New Stock Value: Par Value Shares: 2,490,000,000 Value: $ 0.0001 Par Value Shares: 10,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 259,000.00
So this was not a buyback at all?
I didn't catch this. No mention that HRNF bought any of those shares, only returned and cancelled them. Hmmmmm
Only 3 shares short, confirmed.
Of course you already know that.
hadesdog - The College kid's message about HRNF's Pagnano is post #12670. I have also retained a copy of it on another board.
Too bad the kid didn't send it to the SEC's tipline back then.
This was during the time that Gendarme was doing the WEHI 6 billion share thing (we didn't know it then). This is what makes me a bit suspicious that Pagnano may have known more about Gendarme that he seems to admit, IMO.
Yes, I believe that college kid.
If you really think things have changed, you may only have to go back a few weeks to see it has not.
You can see this in the Jan 5th press release and then the Jan 10th. First no dilution, then the dilutive equity financing warning on Jan 10th.
What will be next? A reverse split announcement?
Past reverse splits were preceded by things like "no plan for a reverse split".
Mahp32- Heathrow not part of the investigation/ You sure about that?
Pagnano claimed it did nothing wrong, but that is a far cry from not being involved or investigated.
Any company will claim they did nothing wrong. That is often changed as the investigation by the SEC continues.
One company/executive recently was found to have gotten kickbacks from the so-called "investor".
hadesdog may remember that Florida college kid's post about his dad being asked by mikie to get HRNF shares and that he may be told when to buy/sell shares. He was concerned, so he asked his professor about pump/dump schemes and whether his dad could get in trouble. The post is still available on other message boards./
No, not while the SEC investigation continues as to the Gendarme case and HRNF unregistered share issuance.
Am not surprised that HRNF claims no wrongdoing, and issued the correction disclosing new restrictions of HRNF shares by DTCC.
Could get interesting if Gendarme decides to cooperate with the SEC's investigation.
Judgment liens still show up on sinbiz against HRNF
A search of both Heathrow and WGL Entertainment shows hundreds of thousands of dollars of money HRNF owes, with interest accrueing.
Didn't the moderator indicate these would be removed on Monday?
Here is just one of the judgment liens
Judgment Lien Detail
Processed Thru 01/25/2011
To determine if a writ of execution on a final judgment was docketed with a sheriff prior to October 1, 2001, view the filing image.
Filing Information
Document Number J10000854676
Status ACTIVE
Case Number 37-2008-00095106-CU-BC-CTL
Name of Court SUPER COURT CALI. SAN DIEGO CO
File Date 08/18/2010
Date of Entry 02/01/2010
Expiration Date 08/18/2015
Amount Due $219,743.79
Interest Rate 06.00 %
Name And Address of Judgment Creditor (Plaintiff)
GOLDEN GATE INVESTORS, INC.
1795 UNION STREET, THIRD FLOOR
SAN FRANSICO, CA 94123
Name And Address of Judgment Debtor(s) (Defendant(s))
HEATHROW NATURAL FLOOD & BEVERAGE, INC.
7025 CR 46A, SUITE 1071
LAKE MARY, FL 32746
Document Number: F08000004202
WGL ENTERTAINMENT HOLDINGS, INC.,
7025 CR 46A, SUITE 1071
LAKE MARY, FL 32746
Document Number: F08000004202
Events
There are no events for this filing.
Will HRNF have to disgorge(return) the $815K proceeds they got from Gendarme for the warrants/shares sold illegally by Gendarme?
The SEC investigation revealed most shares were sold by Gendarme almost immediately. HRNF may be worried about the SEC action because they may have been made aware of Gendarme trying to remove restrictive legends on the shares and allowed this to continue.
Yes, dilution with those shares HRNF plans to issue, plus their announced "equity" financing will cause even more dilution.
I believe HRNF owes the third party (CEO Pagnano) more than the entire market cap at $0.0001 in just his advances (Loans) to the company. That does not include deferred compensation and bonuses he may pay himself.
No wonder they had to increase their share auth. from 10 billion to 15 billion shares.
No, the DTCC order is not a good thing at all.
Now we know, per the Sept 27th press release, that the DTCC chill on HRNF clearing was in place in 2010, too.
To have it imposed one day after HRNF announced restrictions were lifted is a really bad development for the company.
from Sept. 27th.
In addition, the company plans to be upgraded to Current Information on the Pink Sheets the week of October 4, 2010. The company is also working with DTCC to have the Chill removed from its common shares and once again be DTCC eligible. This course of action will have a positive impact on removing any buying restrictions which remain at certain online brokerages.
I don't think it will be halted. The DTTC exit of the cussip number both in 2010 and now in 2011 is bad enough, IMO.
Not natural ingredients (cont'd)
So Heathrow Natural is selling non-natural ingredient products?
Here is one in their gum - Maltitol see discussion below......
Maltitol is not a natural product
It’s important to keep in mind that maltitol along with its sugar alcohols family, is not a natural product. It does require processing and fermenting of the corn starch to make it into a sweetener able to be used in foods.
And a little more research easily finds a verdict …
What I personally feel is misleading, is how these ‘health’ products claim to be sugar free when clearly they’re not. While powdered maltitol has a lower glycemic index (36) than cane sugar (60), it’s glycemic index is still not THAT low. And maltitol syrup actually has a very high glycemic index of 52.
I also don’t think you can class maltitol as a beneficial or health food like you can with natural sweeteners, considering maltitol is a highly processed food source that contains little nutrients, or even no nutritients at all. I was not able to find a single source on the web that listed the nutritional value of maltitol. So I’m assuming, like refined cane sugar, maltitol is an empty carboydrate that contains no nutritional value at all.
I hate the idea of putting anything into my body that contains no nutritional value. My body is going to have to go through all of that hard work and energy digesting the ‘food’ for nothing in return.
Maltitol also very slowly absorbs into the body so can have a laxative effect, causing gas, bloating and in some case diarrhea.
Is it artificially flavored? Can't really be calling it natural if they use any artificial flavoring.