The SEC investigation of Gendarme and the unregistered HRNF share selling continues
Maybe the investigation will reveal even more, and criminal indictments or more SEC civil actions will be announced as a result of the continuing investigation or as a result of the defendant agreeing to give details in return for less penalties.
I 100% agree that Pagnano has indicated HRNF did nothing wrong. Unfortunately for HRNF, this happened during their WEHI (now HRNF) period and happened again with at least a billion more HRNF shares (for cash to HRNF) much later.
HRNF knows when someone buys warrants and when they convert them to shares and when a restrictive legend is removed after a lawyer provides the opinion letter(s). Heck, HRNF got around $825,000 from Gendarme, so there is reason to follow the case and investigation, as it develops.
