Replies to post #6938 on Hero Technologies Inc (HENC)

[tchauncy]

While I find it incomprehensible, since HENC is a Houston Based company, I have been closely involved in HENC for over 10 years now. I even introduced the 2nd largest outside shareholder with over 4 million shares, and who also bought a 1% royalty from HENC for $1 million.

Over the 11 years they have only diluted the equity by only around 20% and every raise they have done was with insiders. If they have to dilute the stock another 20% to raise their interest to 48% and that raise goes only to insiders, HENC will be head and shoulders ahead of where they were before this happened. And so will any shareholder.

But more than likely, they might keep a piece of the increase and farm out some of the excess, still leaving them better off today then before.

One think I can guarantee you of, and that is the HC parent is not about to do anything detrimental to their combined 70% interest over just a few million dollars after the 11 years history they have in the stock.

JMHO

[LetsGoMets7]

Perhaps Holloman, the parent company, can loan the money to HENC if the prospects look so great for finding oil?

Then in time HENC will have revenues to pay back Holloman or even a buyout they can pay back the loan.
Plus Holloman could even forgive th eloan if things turn out great.