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

[PRmaniac]

neptune - if Pagnano has just recently filed for that $1M private placement, it does not seem logical that he would be able to limit dilution to under 1.5 billion shares (current authorized share count, per Delaware).

Those shares are usually given at a steep discount and can usually immediately be sold into any stock promoter or bogus revenue projection-induced temporary rally or volume increase.

Not sure where HRNF will get the money for 500k units of gum from that gum-making house.

I also don't believe Pagnano will buy back $500K-worth of shares from his dream of a $1m in revenue.

Much of the revenue is pass-through and there will be nowhere near 50% margins on anything. The you add the selling and admin. expenses, on top of the massive debt HRNF has and the judgment liens against the company.......a buyback will just be a token to confuse the gullible newbies his paid promoters are targeting.