Houston Natural Resources Corp (HNRC)

[norcalgold]

Shares promised/given out to the likes of Tangiers and other toxic financiers or even as part of aquisitions are bound by agreements on when they can be converted and sold. Thats to avoid them tanking the PPS. The recent conversions could have been from deals a year or more ago. Lets just hope they are about done but we dont really know. Or lets hope he pays em off w dat $2.4 milly I keep hearing about. This is the debt I keep talking about and falls on deaf ears. I doubt he will use any new found cash in those old deals when he can just let the new stuckholders pay em off. Then R/S or try to raise this titanic via a buy back. Doubtful ornwe would see these conversions happening today.