Houston Natural Resources Corp (HNRC)

[Knux]

I suppose I'm being too hard on them for trying to cram the fallout of a ~6 trillion share mess of a reverse split, consolidating five differing sets of preferred with differing par, hashing out some familiar debt payments, AND trying to fit in the recent conversions right back to commons after all that trouble...all on one poor chart!

It can't all be as crisp as their set of 5-10 year old notes and convertibles that they bizzarely display like an interest accruing trophy right afterwards.

The decade long play by play in the footnotes further down helped if you had the time to continually scroll all the way back to the top to piece everyone's positions together yourself.

It's a big damn mess, a name-changing share recycled mess, and that's the point.

Never said Frank was dumping; that's six million commons we're trying to sneak past bid support in the teens. It's obviously a slow trickle, and I'm sure he's gotten rid of plenty in the past six months. Is there another reason to hastily unlock these shares besides trying to cash them in?

Relax. Be of good cheer that they might actually make it work this time, but let's not pretend my concerns and criticisms are unwarranted.