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PRmaniac

09/14/09 7:52 AM

#23648 RE: GuruTrader #23647

gapper- yes, $0.0001 price target for HRNF

by me.

The real hint was that the company may need to resume massive dilution and need to try to get 3 million cash.

$3 million, at $0.0002 stock price? (I'm giving it that high of a price, but it may drop lower once massive dilution plans are anounced formally).

$3,000,000 / $0.0002 = 15 billion MORE SHARES needed.

Yes, sometimes hints allow investors to get out before the inevitable tanking of the stock price. I'm not sure you will figure it out, though.
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PRmaniac

09/14/09 7:55 AM

#23649 RE: GuruTrader #23647

Why did HRNF claim to be debt-free when we know they owe a lot of money due to judgment liens and unpaid prize money?

Isn't that kind of claim a bit misleading?

If HRNF fails to disclose the money they owe in financials, regulators need to know. The judgment liens are right there, public info at sunbiz.org