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PRmaniac

06/17/09 10:27 AM

#23116 RE: hadesdog #23110

hadesdog - it was on a stock promotion website, who was also apparently given 150 million free-trading (non-restricted) shares of HRNF (by a third party). The stock promoters disclosed that they had already sold 100 million HRNF shares into the market.

This was obviously timed with yesterday. Apparently HRNF let the stock promoters issue non-public info on the stock promoters site, instead of providing this "material" information to their shareholders. No confirmation that the info wasn't a complete fabrication by the stock promoters, either.

That's one for the SEC/FINRA to sort out; whether Pagnano fed them the non-public info or the stock promoter's site fabricated it.
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PRmaniac

06/17/09 10:33 AM

#23117 RE: hadesdog #23110

HADESDOG ALSO WAS IN A MAY 12TH PR FROM THE COMPANY. THE STOCK PROMOTERS WERE JUST USING THIS AND OTHER TIDBITS TO TRY TO PUMP IT, BECAUSE THEY HAD BEEN GIVEN THE 150 MILLION SHARES TO DUMP BY A THIRD PARTY. oNE CAN BET HRNF WAS DUMPING INTO THE STOCK PROMOTER'S PUMPING AS FAST AS THEY COULD.

Maybe we'll learn that HRNF already increased the share authorization, shortly after doubling to 1.5 billion shares. Delaware would know, but they help companies keep info from the public by charging money to get public info on co's that incorporate in their state.