Replies to post #32305 on Heathrow Nat. Food and Bev Inc. (fka HRNF)

[Seminole Red]

.0001's hitting now....

[PRmaniac]

I see the dilution - massive here, big sell off going on right NOW! ;)
It´s all about the future - the past is history... -ollinbg

I see it, too. The past tends to repeat itself with this company.
Here are a couple highlights (see below) of a promissed buyback/float reduction plan they completely failed at doing in 2009. Note the similar language, hype, and the no more dilution projections....

Then note how they actually diluted billions and billions and raised their share authorization multiple times to now the 15 billion authorized shares (per recent HRNF new release).

...........

Heathrow Natural Food & Beverage, Inc To Initiate Stock Re Purchase Plan
Thursday, 16 Apr 2009 10:00am EDT
Heathrow Natural Food & Beverage, Inc announced that it will begin the previously announced common stock re-purchase program effective April 20, 2009. the Company plans to purchase up to 350 million shares over the next several months, reducing the outstanding float to approximately 75 million. Shares will be purchased on the open market consistent with the SEC guidelines set for stock re-purchase plans. The Company may seek the assistance of a third party to affect the plan. - - - - - (repeated)

Heathrow Natural Food & Beverage, Inc Announces Share Buy Back Program
Thursday, 9 Apr 2009 01:45pm EDT
Heathrow Natural Food & Beverage, Inc announced that it will initiate a common share buy back program allocating 30% of its future revenues to buy down its public float to seventy five million shares or ten percent of its authorized common shares. The Company believes that its current share price is extremely under-valued given the explosive growth of its Exfuze botanical nutritional beverage, which is the fastest growing nutritional beverage in the country . In addition, the July 13, 2009 airing of the WGL Million Dollar Shootout on the Golf Channel will provide seven weeks of national exposure for HNFB and produce revenues exceeding $300,000. Complete details of the buy back program will be released shortly. - - - - - (repeated)


Heathrow Natural Food & Beverage, Inc Signs Letter of Intent to Acquire 100% of the Assets of Natural Harmony Foods, Inc
Thursday, 19 Mar 2009 08:30am EDT
Heathrow Natural Food & Beverage, Inc announced that it has signed a letter of intent to acquire 100% of the assets of Natural Harmony Foods, Inc. for a combination of cash and restricted and/or preferred stock. Both parties agreed to a thirty day due diligence period before the signing of a definitive agreement. Details of the acquisition will be announced upon closing. - - - - - (repeated)

[ReikoBlack]

the past is history

I said something similar over 2 years ago. "The past is the past...maybe this time things will be different".

I came across HRNF (formally known as WEHI) shortly after they announced they were going to acquire a stem cell company. That lead me to this board to see what other people were saying about this company. I was given a very quick history lesson about this company thanks to people like redfisher,PRmaniac,hadesdog, etc.

Nonetheless, even knowing that this company had a very shady past i still decided to become a shareholder. I said, "The past is the past...maybe this time things will be different". Word going around at that time (from Pagnano himself) was with the acquisition of this stem cell company he (Pagnano) was predicting the stock could see $.10 cents. I only invested $50.00 dollars at @.0001 - as a lotto play which gave me 500,000 shares. I figured if Pagnano was truly going to turn over a new leaf, heck, then my $50.00 dollar investment at $.10 cents would give me a profit of $49,950 dollars. Not bad.

Needless to say, the stem cell acquisition never happened. Talks of share buy-backs never happened. Talks of NOT doing a R/S...well...they eventually did a R/S. WEHI did a 300 to 1 R/S and changed it's name to HRNF. The stock was previously sitting at $.0001...it opened at $.03 cents and has plunged to where it sits now. My 500,000 shares became 1,666 shares. I eventually sold my shares at the end of 2009 just to be rid of it from my portfolio. Having followed this company since late 2008 i have come to the conclusion that Pagnano is not someone who can be trusted. Just my honest opinion.