Correction - last post from March 24th PR.
another reason to not believe HRNF
from the same PR
The company does not plan on raising the float above 20% of it's authorized of 750,000,000 or 150,000,000. These additional shares will be used to retire the outstanding note with DLC Capital of $125,000, which will make the company debt free and not require the further dilution of shares to pay down debt.
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Well, 2+ billion shares issued since then....Pagnano obviously is not working in the best interest of shareholders since the inception of this ailing company, IMO.