OTCQX:HBORF - Post by User
Post by
Snegamookon Dec 22, 2006 8:19pm
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Post# 11915453
Control and direction
Control and directionNo offence meant or intended, sorry you're so sensitive. All I'm doing is wondering who is in charge. Breuler interests had 20.6% of the shares in August 2006 and has announced intention to sell more (see Sedar). In Feb there was a 10 million share underwriting. There are 39 million odd shares out now so the underwriter got about 25%, which is more than Breuler, so Breuler gives up the driver's seat. Note that the present chairman is 'interim', so we know who is doing the driving, but who is giving orders from the back seat?