I am just disappointed that management are withholding information that makes part of my holdings (HZRO) worthless.
Most companies at this point in development want options to be converted for the funds to come in.
But Ward thinks he can get funds elsewhere, so doesn't care at all about the option holders. It would seem he'd rather have most of them go begging.
Given Hazer did a roadshow recently which continued to stipulate how much money was going to come in through options, it seemed apparent at the time they wanted the options to be converted.
And now thinking about how Mac made a killing (for the second time i might add) by selling 10m HZROs to unsuspecting retailers, is making my blood boil.
I believe in Hazer's tech, and I believe the underlying deal with MIN is going to be company making even if the royalty rate is low (it will be the financial backbone of Hazer's hydrogen development). I just wish that this information was public so that others could see where this company is headed.
But instead, I'm left with many HZRO's, which I cannot bring myself to convert without confirmation of the MIN deal.
HZR Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
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