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Re: Kanahele post# 31398

Thursday, 08/11/2011 7:31:04 AM

Thursday, August 11, 2011 7:31:04 AM

Post# of 54312
I don't think you are being very accurate.
100MM shares of HNSS are not accounting for the gains that the fund claims. The PPS didn't appreciate to a level to allow that. In fact, I would wager that the fund is at a loss on those shares.

There are probably other investments accounting for the gains.

I can understand if you want to say that the company is lying, I can't prove that wrong. But I can provide a lot of evidence against the fund reporting a $1MM gain off HNSS shares.