OTCPK:CNRC - Post Discussion
Post by
AveragePenny on Aug 19, 2021 12:24pm
HNRC 90 Day Plan For Rapid Growth, Expansion
https://www.prnewswire.com/news-releases/hnrc-90-day-plan-for-rapid-growth-expansion-and-acquisitions-301359162.html - Announce a target acquisition to increase revenue and assets.
- Increase the volume at its water treatment facility, operated by its subsidiary HNR Oil Services LLC, from the more than 1,000 truckloads per month currently being processed.
- Complete the installation of the recently purchased equipment for a second facility to increase capacity and begin processing additional wastewater.
- Engage a working partner to re-work the company's 83 wells to start generating additional revenue from producing wells.
- Initiate listing onto a major exchange
The company recently reported net earnings have increased 186% to $4,105,594 on revenues of $7,614,534 for the six-month period ending June 30, 2021 from $1,496,869 net profits on revenues of $4,534,495 revenues for the same period ending June 30, 2020. The company reported $0.26c per share in earnings for the first six months of 2021.
Be the first to comment on this post