Houston Natural Resources Corp (HNRC)

[norcalgold]

Well if you had been around you would have experienced the dilution that has been happening since last fall to pay debt off and why we are so low PPS. From 86 milly float to 2XX milly now Appears that is or about to be over. I do believe some assets were swapped for preferred shares at 50 ? cents. Someone can correct me if wrong but thats how I read it. Even at 500 milly we are in a good position here when the audited fins come out next month.