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Tuesday, 01/11/2011 12:43:31 PM

Tuesday, January 11, 2011 12:43:31 PM

Post# of 41474
So HRNF might think their shares are undervalued (buyback hype)?....LOL

Then why would they be issuing massive numbers of shares at possibly 30%-50% discounts or warrants for cash?

Why would they now try buying back some of those shares at full market value instead of putting the money to work developing the company?
Why would they continue to allow interest to accrue on the judgment liens entered against them? I will be watching for the liens to be included in their next "unaudited" financials under "liabilities".
I will also watch for them to "write-down" their assets in the MDSO shootout production. These are allowed to be carried on the books as assets, although they are really costs incurred by the company. Eventually they have to be taken off the books.

They also announced future financing may be equity-type (probably 30%-50% discount again)?

To those that understand business, this may raise some major red flags. The company's past track record of diluting existing shareholders into the ground and projecting revenue they usually came nowhere close to earning cannot be ignored.

Good luck trading, but do your DD on the company and its CEO.

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