So far, basically everything Pagnano has done has failed.....utterly failed.
So far with HRNF, Pagnano has implied dilution would not be needed. What did he do?
Pagnano increased dilution exponentially once again!
Why should anyone believe ANYTHING the CEO spews? So far; anyone buying any shares in any of the failed business models, including the current one, has lost almost every last penny of value.
Even a little DD would make all but the most gullible investors stay FAR AWAY from HRNF and Pagnano's follies, IMO.
Maybe you should ask why Pagnano wouldn't even buy shares in his company. Could it be that he knows the shares will be almost worthless and another reverse split is already being planned.
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