Replies to post #49692 on Houston Natural Resources Corp (HNRC)

[Supervisor]

Your still off with your math. The gain wasn't 100,000. Let me try again..

40,000 Q1 plus 100,000 Q2 equals 140,000 total. That equals a 60,000 gain from Q1 to Q2. About a 150% increase.

[num1inv]

Okay Supervisor I understand as I didn't know receivables were an accumulation, thanks for the lesson learnt.

But let me say then, if the gain for receivables was 100k then isn't that a 250% increase?


Then Q3 would be ~$390k for I-TEXTS alone, right?.... with assuming the same growth from Q1 to Q2.

But if I-TEXTS is a 'ball buster' like people seem to think it should be much larger right?

...and then what about all income from the other entities?


Still I would think the numbers in the next Q3 would be larger than $400k-$450k..... But hey, I'm freaking stupid so what do I know.

So here, the logic is wrong because of the assumption that the accounts receivable is from I-texts revenue. Nowhere, publicly, does it state this is the case. The AR could be from a loan, or multiple loans, from WNTR to I-texts.