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Re: AUGGIE2010 post# 16872

Saturday, 02/22/2020 5:28:32 PM

Saturday, February 22, 2020 5:28:32 PM

Post# of 25836
A2010: Nice DD and Outook. Cheers!

This link gives you a pretty good idea as of how reverse merger works

https://www.lexisnexis.com/lexis-practice-advisor/the-journal/b/lpa/posts/reverse-mergers


They are required to trade in the otc pink for one year before the can change markets.

We all know that if we add 1+1 equals 2

Here the situation is similar in the sense that we know that
-HENC is a clean shell with no debt. As they sold all of the assets of what at one point was Holloman Energy Corp
-Holloman Corp the parent company(private worth $600+ Millions in rev at year and owns 56% of this shell
-Has the same CEO. CFO, and COO as the private entity who also own shares close to another 1%
-We know that they’ had been fast filling and updating all of their fillings
-They got Pink current as of yesterday and yield was removed
-the status of the shell change to yes in the most recent quarterly statement
-next step Possible PR or Super 8k any day now. Everything has been unfolding perfectly and the story makes sense and that is why this stock has been trading million of dollars for the past few weeks. There is a reason.

Now you ask why most think the whole company it could be merging?

Well it makes sense. A company that has been revamping will be able to be more liquid being public and race more capital and it will give life to the millions of shares that are own by insiders and the main holder Holloman Corp that holds a whopping 56%.

Now if don’t think that sufficient to understand on what we are sitting don’t know what else to tell you.

Again this just my own opinion... good luck to all of us who have been invested in HENC