HNRC which owns 9% of Cunningham MiningHouston Natural Resources Corp (HNRC) owns 9% of Cunningham Mining. Below is the pro-forma for HNRC from Jan 10, 2024. Note, they do have revenues and earnings.
Proforma
| | | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2025 |
| Total Revenue | | 21,117,266 | 35,294,712 | 37,873,553 |
| Total Expenses | | 9,416,259 | 18,561,583 | 19,650,431 |
| Income from Operations | | 11,701,007 | 16,733,129 | 18,223,122 |
| Total General & Administrative | | 209,709 | 2,465,995 | 2,094,912 |
| EBITDA | | 11,491,298 | 14,267,134 | 16,128,210 |
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HOUSTON, May 15, 2024 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNRC or the Company") announced today results for the quarter ending March 31, 2024.
Financial Results: Q1 2024 Ending March 31, 2024, vs Q1 2023 Ending March 31, 2023
- Total revenue for three months was $4,292,940 vs $4,178,580, an increase of 2.7%.
- Total earnings for three months were $2,736,961 vs $2,660,713, an increase of 2.8%.
- Total assets for the period were $85,858,800 vs $92,839,255, a decrease of 7.5%.
- The company recorded a net asset value (NAV) of $0.27 per share Q1 2024
The Company also disclosed that it has filed an application for Worldwide Diversified Holdings, Inc common shares to initially trade on the OTCQB market. After the initial listing the company intends on uplisting onto a major exchange and continuing business operations and pursuing acquisitions to add shareholder value.