HRNF Huge News at 0.0001(3) to Initiate Share Buyback and the Restructure of Its Common Shares
Heathrow Natural Food & Beverage, Inc. to Initiate Share Buyback and the Restructure of Its Common Shares
Date : 09/27/2010 @ 8:52AM
Source : MarketWire
Stock : Heathrow Natural Food & amp; Beverage, Inc. (HRNF)
Quote : 0.0001 0.0 (0.00%) @ 2:05AM
Heathrow Natural Food & Beverage, Inc. to Initiate Share Buyback and the Restructure of Its Common Shares
Heathrow Natural Food and Beverage (OTC) (USOTC:HRNF)
Intraday Stock Chart
Today : Monday 27 September 2010
Heathrow Natural Food & Beverage, Inc. (PINKSHEETS: HRNF) is pleased to announce that it will pledge up to $800,000 of product revenues to the repurchase of common shares in the open market. This at a minimum will reduce the current float from approximately five billion common shares to one billion common shares. In addition, the company plans to be upgraded to Current Information on the Pink Sheets the week of October 4, 2010. The company is also working with DTCC to have the Chill removed from its common shares and once again be DTCC eligible. This course of action will have a positive impact on removing any buying restrictions which remain at certain online brokerages.
"We are committed to increasing shareholder value and growing the company into a leader in the Super Food sector of the Wellness industry. With major retail partners in place and future growth on an accelerated pace, we will be communicating with investors via conference call at 1PM on October 4, 2010 to answer any and all questions relative to the company's business plan and financials. The number and Pin code will be made available via the company's Web site later this week," said Michael Pagnano, CEO Heathrow Natural Food & Beverage, Inc.
About Heathrow Natural Food & Beverage, Inc.: www.heathrownfb.com
Heathrow Natural Food & Beverage, Inc. (HNFB) is the producer of the Heathrow Natural Super Food Brand which includes, ACAI Plus Chewing Gum, Resveratrol Plus Chewing Gum and Maqui Plus Chewing Gum. HNFB is part of the $100 Billion Dollar Wellness Industry, which is growing at 10% per year.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
Heathrow Natural Food & Beverage, Inc.
1-866-754-1115
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