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

[PRmaniac]

In my opinion....No

The info that HRNF needs $3 million in financing is the big problem.

Just calculate how many shares HRNF will need, at $0.0003 or less, to get the $3M. Now apply a 30% + discount. They may need at least another 12-15 billion dilutive shares just to accomplish this.

Now add the fact that, if investors find out they are diluting even faster, the investors may try to sell before the share price goes to no bid.

Then calculate how many shares they will need to dilute at a PPS of $0.0001 to get $3M in financing. That's at least 30 billion more dilutive shares that will need to get dumped.

These issues and the track record of HRNF CEO Pagnano make me conclude that HRNF is not a good buy at any price.
Pagnano will just dilute the share pool, then do another reverse split and ticker change to let the stock price fall even faster.

Thanks for asking, though.