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Re: SevenTenEleven post# 34547

Tuesday, 03/15/2011 8:05:24 PM

Tuesday, March 15, 2011 8:05:24 PM

Post# of 41474
CEO probably hopes for a reverse split, too.

Seems he hasn't been willing to accept many shares for the money HRNF owes to him for loans, although he got paid something for a small part in 2010.

If I was CEO and knew a reverse split would be needed, I wouldn't take shares for payment, either.......just wait 'till after the next reverse split. It worked for him during the many previous reverse splits. He didn't personally lose money on the loan $'s owed him during those R/S's. Shareholders that trusted him lost almost every penny invested with HRNF, after each of multiple reverse splits.

My trust level is even lower than it was with each of his other business models.

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