Sounds like they have given up on the stock. Always thought the reason for a company to have a public offering was to raise capital for this type of purchase.
Billions and billions of shares dumped to pay old debt. Now the bearded brewers have no money.
This turned out like I thought it would. They got screwed over by Ray Barton. What's interesting is this new bell and whistle Ray has put into his schemes - setting up what was called "antidilution funding". It was done on Ray Barton's EEGI as well. The puppet CEO there set up or pressed he would set up a "donation page" on his website so shareholders could donate money. That of course after the stock was driven into the ground. It was sad and sickening to watch. I do feel sorry these guys got mixed up in this Ray Barton scheme. They have put a lot of sweat equity into trying to make their dream come true. But they were going along with Ray by putting out all those shareholder letters and emails to encourage people to buy shares. Ray Barton's fingerprints along with "Adam Weiss" have just shown up on another shell HIRU. The same playbook will be used there as well. Long slow painful death with dilution.
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