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PRmaniac

10/22/10 11:03 AM

#27114 RE: jimstock #27110

HRNF is not oversold
Technicals do not apply to a company that dilutes billions of shares when they claim buyback (see Jan 6th PR)

There were two trades yesterday, one trade on Wednesday. Currently no bid at all.

Now they disclose they need more funding. They don't even have enough shares authorized to accomplish equity funding that they say they need.

They say no reverse split,yet all other times they said this they indeed did reverse splits so they could dump even more shares on the gullible.

They don't even disclose their judgment lein liabilities on their unaudited finacials. Pagnano has no excuse for this, since the leins are public info and service appears to have been made to make Pags aware. Any CEO that claims they do not owe money they agreed to pay simply because they defaulted on notes or are ignoring judgements rendered, shouldn't be running a public company IMO. You can bet that if HRNF had seizable assets, the creditors would be going after them.