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Re: jimstock post# 27207

Monday, 10/25/2010 1:58:33 PM

Monday, October 25, 2010 1:58:33 PM

Post# of 41474
jims- HRNF will need a reverse split

They have close to 10 billion shares issued and outstanding, with a 10 billion share max. authorization

HRNF has said no reverse split in the past, only to do a 1:100 in 2007, a 1:200 in 2008, and a 1:300 in 2009.

After each reverse split, they kept the share auth the same, which meant more massive dilution and the share price moving right back down to No bid, $0.0001 ask.

Pagnano has helped destroy shareholder value through his serial business failures multiple times.

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