Houston Natural Resources Corp (HNRC)

[ehihub]

Under the first agreement, the Company has retained the investment banking firm as its exclusive placement agent and financial advisor in connection with acquisition financing of up to $30,000,000 in debt. The Company must meet various terms and conditions, which it believes are reasonable and attainable in due course of business of this type.

The second agreement is a $30,000,000 firm commitment underwritten public offering on a major exchange (AMEX or NASDAQ) represented by the investment banking firm. The planned public offering is subject to the Company's successful auditing and acquisition of its current target businesses.

THERE IS $60,000,000.00 on the table.

No investment bank allocates that kind of money WITHOUT A PLAN. (That includes shareholders; FRANK HAS AS MUCH TO LOOSE AS WE DO.)
Frank has been selected as the point man.
The harder the market tries to make ME sell MEANS THE CLOSER WE ARE GETTING TO MAKING HUGE GAINS.

I don't see any shortage of buyers; as they keep stacking up on the bid.

The Q1 could be released at any time or day (I'm loaded and NOT selling). I believe it will be comprehensive and answer many of our questions. I believe we will have a comprehensive press release outlining our holdings and process going forward to UPLIST.
Thanks to all who share there hard DD and meaningful content.

IMO. Except for the 60 million; that's a fact.