Houston Natural Resources Corp (HNRC)

[SmittyInvestor]

Only thing saving the average investor is many of Kristan shares are restricted. As soon as they are released/unrestricted he will do a massive sell.
Outstanding shares went from 12/31/21 of 21,407,789 to 9/30/22 to 50,105,369
what happened this past year is Kristan figured out this situation may work so he gave himself more shares to sell.

Can someone tell me where all the CASH Goes.
$8,163,923 in net income for 9 months 9/30/22
I see this net income figure and then look at the low expenses and the result is still Low Cash on hand. Interesting how that happens, I wonder what is being financed with that cash, if the cash was really generated?
Last year was over $6,000,000 generated, so where is it? or maybe it was never really received?

Here is another scary bit of info that I would encourage comments on. The previous company basically going bankrupt because they had no assets because if they had REAL ASSETS that have value or generated revenue/cash then a company doesnt need to fold, yet Kristan invented this company to buy the fake assets > The company has $21,457,324 in Ludvik Holdings, Inc. assets and $8,600,000 in assets

PLEASE SOMEONE CORRECT ME, I WANT TO BE WRONG ON WHAT I AM READING
thanks and Happy New Year