OS just under 5 billion shares, dilution continues to skyrocket
See mssg#25563
Remember this, from the Jan 5 fluff press release?
Additionally, HNFB will again begin to purchase its common shares in the open market to reduce the float by 95% or 2.5 Billion shares. This will be done over the course of the next 6 months. Also, HNFB has engaged counsel who is representing 75 plus pink sheet firms to reverse decisions by Scottrade and E-Trade which currently do not allow buy orders for HRNF and several other sub-penny stocks.
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They've basically doubled the share count since then, not reduced the float by 95%. Proves that Pagnano basically puts out stuff that he apparently never intends to follow-through on....and the share printing press is working overtime....on the way to 10 billion shares or a 1:300 reverse split. No bid right now....just like before the last reverse split announcement (1:300 in 2009, 1:200 in 2008, 1:100 in 2007).
