Heathrow Nat. Food and Bev Inc. (fka HRNF)

[PRmaniac]

Kris - good news?...not

The outstanding share count is already close to 10 billion. WEHI's market cap is now around 95% too high, and they increased tha authorized shares to 15 billion. will they be able to merge with only 5 billion shares to issue to get it done? I doubt it. will WEHI increas the authorized shares to 30 billion next? Then do a reverse split?

I think you already know this thing will not see its PPS go up for any reason. It is basically a share-selling business, trying to get cash from people unknowingly-willing to lose their entire investment and usually losing it FAST. You may have noticed they are having hard time getting a bid at current high prices. No wonder the CEO seems to try pretty hard to avoid disclosure of the massive dilution while the shares are under heavy distribution (igf they could only get a bid).
Watch for more fluff press releases to try to get someone, anyone, to buy shares.