Replies to post #42126 on Houston Natural Resources Corp (HNRC)

[icbeatsthestreet]

Extrapolate that 1/4 of a million out for a year. That is one million in revs (with no growth). Of the original 18 million. That is 6% net profit. As the assets grow, so will the revs. I am predicting 1.5 to 1.8 million in net revs for this fiscal year ( conservative).

As the portfolio matures, we should see exponential growth from the portfolio, especially since Frank has another 30 million to invest.

Either you like the companies Frank is investing in, E3 water reclamation for fracking, Energy park with purchase contract in place, telemedicine, MJ, and the MVP, I texts... or you don't.

Place your bets. I am with Frank for the long term. I like our portfolio. If you don't, there are other diversified plays out there: CODI, MENT. Do some DD and compare.

Now, that was a reasonable argument. I like opposing views backed by info. Skepticism is healthy.

However, most bashers on this thread just post incessant nonsense. No facts, "massive dilution," scam, Frank is a criminal, blah blah blah.

No problem with legit criticism. Some of it is justified. I guess that is what makes a market.

I guess we will find out the first piece of the puzzle on Thursday with the divvy. Then 10 trading days later with the audited fins. It is now "show me" time.

IC

[6pack2go]

So that's a NET profit of a little over 3%.... Much better than any current interest a bank will provide, right?

....and some of those assets were not acquired at the beginning of the year so they did not have a year's worth of full potential to generate profits.


Also mind you, this is a growing company and making profits generally don't start well the first few years of any business. Please give me an example of a company where their first year in business reaped tremendous profits.

Likewise WNTR is growing in assets, which is something very important in order to make higher profits in upcoming years. Think of it as what many high tech companies do. They don't pay a dividend to shareholders but instead spend some of the money made back into R&D in order to grow the business in the future.... It's called investing for the growth of your company.

I'm satisfied with what's currently going on. And hopefully once the new financials come out in a few weeks it'll show even stronger growth and make me much more satisfied.


WNTR!!! $$$$

[thatoneguythough]

Sorry been on vacation so just now seeing this. I actually like this post compared to some of the other contrarian views posted these last couple days. My only rebuttal is that I think this is a good situation rather than a bad one. I would argue a profitable pink sheet with lots of assets is good, especially when you project out those numbers over a year and beyond. In the meantime we can collect dividends. One other thing to note, because we are a holding company with different ownership percentages in our investments...you should consider the differences in revenue recognition.