One risk of relying on pinksheets dot com for HRNF financial info
from the Company Info tab:
Financial Reporting/Disclosure
Reporting Status Alternative Reporting Standard
Audited Financials Audited
Latest Report Jul 06, 2010 Quarterly Report
Regulatory Agency Deregistered a/o Oct 18, 2007
CIK 0001171176
Fiscal Year End 12/31
OTC Market Tier Pink Sheets Limited
..............
Note that pinksheets still lists HRNF as audited, although I do not believe they've provided audited financials since well before they were dumped from OTCBB to the pinks (years ago). Pinksheets requires updates from the company, so I believe it is Pagnano's responsibility to provide them with correct information. I'm not at all surprise he has failed to correct that outdated info, IMO.