Houston Natural Resources Corp (HNRC)

[TheHungryHippo]

Well I thought today's news was really good because the preferred shares will be able to pay for the deal. I'm trying to grasp how the CEO plans on getting the share price to 5$ I see no other way but actually closing the oil and gas deal, The solar project, adding all of the assets and showing assets of 200+million and using the pr groups they hired to pump the stock and not sell any dilutive shares. Only then would the preferred shares be able to sell. I mean this frank kristan knows hedge funds I know it does seem very far fetched but he has done this before managing up to 50 mil in assets at his previous company. Idk like tjg said the only other option is increasing the a/s to 10 billion and trying to convert that way only ending up with a reverse split...But noone is going to ever buy all their preferred shares that way. So maybe just maybe this really is a long term hold that is actually destined for greatness. WNTR