Replies to post #6181 on Houston Natural Resources Corp (HNRC)

[TJG]

Very impressive business plan they have laid out...


-- The transaction to acquire the assets of Ludvik Holdings, Inc. has been completed, subject to the retirement of the outstanding debt by December 31, 2013. The company has received a commitment to retire the debt by December 31, 2013. This will provide the company with more than $20 million in assets to company with no debt in 2014.


-- The next steps have been taken in the development of the Five MegaWatt (5MW) Solar Energy Park based in Camden County, North Carolina. The $10 million project will be 65% financed by Federal and State Credits and the balance from a twenty five year power purchase agreement from an A rated energy company. It will provide a significant asset and cash flow for shareholders for the next twenty five years commencing in 2014.


-- The company is currently completing the financing of a $100m oil and gas transaction based in the Gulf of Mexico. The transaction is expected to close in the fourth quarter.


-- The company has retained Micro News Report, who specializes in
bringing news and relevant information about small-cap, mid-cap and generally undervalued companies to the attention of potential new investors. These reports lead to additional investments and market opportunities for growth capital and financing.

[purefreewater]

OVER 62 MILLION shares traded Th, Fr and today !!!!!


most of them BUYS !!!!!!!!! and ABSOLUTELY NO and I say NOOOOO dilution !


........................................ go WNTR gooooooOOOOOOOOOOOOOOOO