Replies to post #20874 on Heathrow Nat. Food and Bev Inc. (fka HRNF)

[tchalla]

i forgot about that too. he's supposedly canceling 150mil shares, which means that the os is currently 483mil. then the float is probably somewhere around 280 mil or so.

[PRmaniac]

TAKI - 333 million shares equals 99.9 billion shares on a pre-2009-reverse split basis. There were 15 billion shares authorized prior to and imediately after the reverse split.

HRNF is still la dilution nightmare. The O/S count is likely to keep increasing exponetially. Note that Pagnano did not give details of the cancellation of his shares and what he gets in return in the form of preferred shares.