Heathrow Nat. Food and Bev Inc. (fka HRNF)

[PRmaniac]

They won't reduce it by 90%

They put out a PR in late 2009 trying to get people to believe the same/similar thing. What did they do? A small token buyback of someone's shares, but then started diluting and diluting and diluting.....billions of shares.

They recently disclosed that they may finance using equity (shares) or "purchase order" financing. This means potential dilution once again.

If they issue restricted shares or shares of another class (preferred), this just means those shares won't be in the float, but will still be there ready for sale after 1 year or just 6 months (if the holder gets an opinion letter to allow the sale) and depending on whether they are an affiliate or insider).