I see the dilution - massive here, big sell off going on right NOW! ;)
It´s all about the future - the past is history... -ollinbg
I see it, too. The past tends to repeat itself with this company.
Here are a couple highlights (see below) of a promissed buyback/float reduction plan they completely failed at doing in 2009. Note the similar language, hype, and the no more dilution projections....
Then note how they actually diluted billions and billions and raised their share authorization multiple times to now the 15 billion authorized shares (per recent HRNF new release).
...........
Heathrow Natural Food & Beverage, Inc To Initiate Stock Re Purchase Plan
Thursday, 16 Apr 2009 10:00am EDT
Heathrow Natural Food & Beverage, Inc announced that it will begin the previously announced common stock re-purchase program effective April 20, 2009. the Company plans to purchase up to 350 million shares over the next several months, reducing the outstanding float to approximately 75 million. Shares will be purchased on the open market consistent with the SEC guidelines set for stock re-purchase plans. The Company may seek the assistance of a third party to affect the plan. - - - - - (repeated)
Heathrow Natural Food & Beverage, Inc Announces Share Buy Back Program
Thursday, 9 Apr 2009 01:45pm EDT
Heathrow Natural Food & Beverage, Inc announced that it will initiate a common share buy back program allocating 30% of its future revenues to buy down its public float to seventy five million shares or ten percent of its authorized common shares. The Company believes that its current share price is extremely under-valued given the explosive growth of its Exfuze botanical nutritional beverage, which is the fastest growing nutritional beverage in the country . In addition, the July 13, 2009 airing of the WGL Million Dollar Shootout on the Golf Channel will provide seven weeks of national exposure for HNFB and produce revenues exceeding $300,000. Complete details of the buy back program will be released shortly. - - - - - (repeated)
Heathrow Natural Food & Beverage, Inc Signs Letter of Intent to Acquire 100% of the Assets of Natural Harmony Foods, Inc
Thursday, 19 Mar 2009 08:30am EDT
Heathrow Natural Food & Beverage, Inc announced that it has signed a letter of intent to acquire 100% of the assets of Natural Harmony Foods, Inc. for a combination of cash and restricted and/or preferred stock. Both parties agreed to a thirty day due diligence period before the signing of a definitive agreement. Details of the acquisition will be announced upon closing. - - - - - (repeated)
