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Thursday, 03/24/2011 4:27:40 PM

Thursday, March 24, 2011 4:27:40 PM

Post# of 41474
I bet you most of the PR's that didn't "come true" would have if Gendarme wasn't doing things like this to HRNF..

"In written communications, Rahimi revealed that the real purpose of Gendarme’s stock acquisitions was to quickly sell the shares. In negotiating a possible investment in one company, Rahimi represented to the company’s CEO that Gendarme would “try to find a life in your stock” and “help get the stock trading.” He also told the CEO that “if your stock starts trading with our help, you will have a liquid stock on your hands.” Once Gendarme acquired the shares at a 50% discount to the market price, it began selling them the next day. Within four months, Gendarme sold all of the company’s shares for a profit."

People want to sit here and blame HRNF and the CEO well when you give away billions of shares for a discounted price and have someone dump them on you the next few days guess what? the company loses that money that he just net on.

Maybe give this guy a break, and stop trying to impose fear that the CEO is a liar and has never had a PR come true.

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