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PRmaniac

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PRmaniac

Re: SevenTenEleven post# 34359

Saturday, 03/12/2011 8:02:42 AM

Saturday, March 12, 2011 8:02:42 AM

Post# of 41474
Company has confirmed no buyback - only some cancelled shares.

Cancelled shares could simply be shares issued for services. If HRNF simply decided to take shares for services back, it is not a buyback.

The shares for services scheme has been used before to make it look like they are really buying back shares. Unfortunately, HRNF does not provide information.

Plus, they are almost broke, at last report. No money available for buyback.
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