Dear xol,

it would strongly recommend stopping your unsubstantiated bashing of HATHOR and management.

As you (if you were an unbiased investor !) could clearly see in my posting, the two latest warrant issues relate to the Northern Continental take-over, where Hathor had to take over their old (and cheap) warrants as well and convert those into HAT warrants (same with options).

See annexes (4) and (5) in that posting:

Warrants(4) (exercise price of $2.16) 267,382

Warrants(5) (exercise price of $1.08) 137,233

Options (exercise price of $0.50 - $3.09) 8,725,500

Fully Diluted Share Capital 110,660,612

1 As per June 12, 2008 financing
2 As per November 20, 2008 financing
3 As per June 11, 2009 financing
4 & 5 As per Nov. 23, 2009 Arrangement with Northern Continental Resources

This is a totally normal procedure with an all share take-over of another company, because the issued options and warrants of the "old" company get "converted" as well.

So I would get some more detailed information before starting to bash, if I were you !

Respectfully submitted,

FANTOMAS