Replies to post #23347 on Houston Natural Resources Corp (HNRC)

[cccc17]

right now, I do not care. Why? Cuz fin will send us to penny land.

You get me?

[SiriSkiBum]

That's up to Wellington Shields. #WNTR!

[Summitgains]

Zero chances of R/S :) With less than 400 million shares in float, not even close to R/S .. we are going into the pennies.

[Pennylanepam]

THERE IS NO WAY HE CAN UPLIST TO NASDAQ

WITHOUT A REVERSE SPLIT

AS I AGREE PRETTY MUCH WITH EVERYTHING HIPPO RESEARCHED, BUT THE ACTUAL SHARE HOLDERS WILL BE WIPED OUT BY A BRUTAL RS

LOOK AT THE SS

Float: 191,027,490 a/o Mar 07, 2014
Outstanding: 728,832,045 a/o Mar 07, 2014

Outstanding - The float = 537,804,555 shares..
Insiders own 354 million.

183,804,555 remaining in the outstanding share count.

The float is still relatively small for a pennystock toting more than 28 million in assets and ZERO DEBT

THE FLOAT IS RELATIVELY SMALL, WELL RELATIVELY IS RELATIVELY RIGHT?


Do THE math and E/P RATIO 728 mill outstanding shares x 50 cents a share = 364 x 10 EP ratio would mean the company would be worth over 3.6 BILLION

NOT GONNA HAPPEN FOLKS

A RS IS GONNA COME BEFORE UPLISTING IMO LOCK YOUR PROFITS

THERE IS MANY IN HERE RIDING FREE SHARES, DONT GET LULLED IN! Be smart!