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Monday, 08/01/2022 12:16:12 PM

Monday, August 01, 2022 12:16:12 PM

Post# of 69777
The second Quarter the company announced a $53M non energy asset spin-off into Worldwide Diversified Holdings, Inc. (WDHI) in 2022 and HNRC's shareholders would receive a dividend of $1.75 of WDHI shares for each HNRC share owned as announced on June 30, 2022.

The company plans to make an up listing to the OTCQB in the fourth quarter

The company's second quarter revenues of $5,125,473 and $8,687,641 for the first six months of 2022 a 41% increase compared to $7,614,534 through June 30, 2021.

The company's net earnings have increased 38% to $5,526,987 for the six-month period ending June 30, 2022, compared to $4,006,260 for the same period ending June 30, 2021. This equates to $0.18 per share in earnings per share (EPS) for the first six months of 2022.

The company's net assets have increased to $74,111,221 and the company's net asset value is $2.43 per share for the period ending June 30, 2022.