Replies to post #37616 on Houston Natural Resources Corp (HNRC)

[ShoeGlue]

I don't believe that to be the case. If I sell all of my WNTR shares on July 1st, you're implying I won't get any greenfund shares as a dividend. I would, though. JMO. I could be wrong, correct me, anyone, if I am. I am going to bed. GLTA!

[6pack2go]

They claim to pay shareholders $1 per 100 shares.

That is not what the divy PR says. The divy PR says that for every share of WNTR the shareholder will receive $0.01 value of Green Fund.

Later it was made known that each 100 shares of WNTR will equal 1 share of Green Fund.

There is nothing that says anyone will get $1 per 100 shares of WNTR. You make it sound like this is a cash divy, it is not!

They promised no RS before June 30th which isn't the dividend payout date, it's the date that you need to own shares to qualify for the dividend.

This is true, no RS before June 30th...and if there is a RS after June 30th (which I don't foresee listening to the interview with Frank) that RS..... if one does occur, will not affect the amount of the divy.


WNTR!!! $$$$

[icbeatsthestreet]

Nice try.

There will be no r/s for the Green Fund dividend. If the CEO commences a r/s before the GF divvy, he would be subject to a class action lawsuit that would be a slam dunk win for shareholders.

No way.

Hey, don't buy. Better yet, try to short it.

We know what we own here; NOBODY will sell based on some Johnny-Come-Lately basher.

IC

[loss_slayer]

someone correct me if I am wrong. I think the shares will be paid out to holders on the 30th of june according to the number of shares they hold on that day. Not according to the number of shares they hold the day after....so if a r/s were to happen the day after you would still get the shares of greenfund based on each 100 shares of wntr that you held on the 30th?.