Dusty - technicals do not apply to thinly-trade often no-bid sub-penny stock co's with little disclosure. Those trying to dump their shares with less loss often use barchart to help them promote or otherwise get others to think there is a reason to buy, when the promoter already knows that barchart's analysis means nothing with stocks like HRNF.
Heathrow Natural Food & Beverage, Inc. Projects Fiscal 2011 Revenues at $15 Million 12/21/2010
Heathrow Natural Food & Beverage, Inc. (PINKSHEETS: HRNF) is pleased to announce its revenue projections for fiscal 2011 (January 1 - December 31). With both Acai Plus and Resveratrol Plus completing the test market phase, we can extrapolate the sales data for a national rollout. With our major retail partners we expect to ship over five million units or approximately $10 million in gross revenue and $6 million net revenue. Our other sales channels such as the internet and smaller health chains will provide approximately $3 million in gross revenue and $1.8 million net revenue. Third quarter rollout of Maqui Berry Plus & Immune Boost Plus chewing gums will add another $2 million in gross revenue and $1.2 million net revenue.
"We are very excited to have had such positive sales data from the preliminary test marketing of Acai Plus & Resveratrol Plus. Our unique and Patent Pending gum delivery system has proved a hit with the health conscious consumer and offers a very valid alternative to capsules or liquid," said Michael Pagnano, CEO Heathrow Natural Food & Beverage, Inc. "2011 looks to be a blowout year for the company and its shareholders, as we grow and continue to extend our functional line of gum products. We wish all of our customers and shareholders a Happy & Healthy Holiday season and New Year."
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 of Functional Chewing Gums which includes several Super Foods such as Acai & Resveratrol. HNFB is part of the $100 Billion Dollar Wellness Industry, which is growing at 10% per year.
Heathrow Natural Food & Beverage, Inc. Board of Directors Approves Stock Re-Organization Plan For 2011 01/05/2011
Heathrow Natural Food & Beverage, Inc. (OTCPK: HRNF) is pleased to announce that its board of directors has approved a stock re-organization plan for 2011, which includes no plan for a reverse split. Based on the stock re-purchase plan and projected 2011 revenues announced in last month’s press releases, it will not be necessary to affect a reverse split for 2011 and beyond. The board has approved the re-purchase of 90% of the company's float over the first six months of 2011, which will be retired and placed back in the company’s treasury pool. This will reduce the company's float to approximately 5 Million shares. In addition, the board has approved the reduction of the company’s authorized common shares from 15 Billion to 500 Million. Upon the reduction of shares, rule 144 restricted shares will be issued to senior management and certain insiders.
“We are very pleased to be in a position to execute the stock re-organization and significantly increase the value of our PPS and market cap moving forward into 2011,” said Michael Pagnano, CEO Heathrow Natural Food & Beverage, Inc. “All financing going forward, will be based on purchase orders and will have no impact on the share value or require any further dilution.” We wish all of our customers and shareholders a Happy & Healthy New Year.
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 of Functional Chewing Gums which includes several Super Foods such as Acai & Resveratrol. HNFB is part of the $100 Billion Wellness Industry, which is growing at 10% per year.
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