I got in for the first time last week,, I did find this DD from some one on the Raging Bull >< Let's speculate. Since PCRC is a purely speculative play then let's look at what we know. First, we know that the company is inactive at the moment.
Second, the number of shares outdtanding is 270,336,231 according to the transfer agent I talked to a few minutes ago.
Third, and most importantly, we know that Jim Holmes, the CEO of Lifeline Biotechnologies, either owns or has a major interest in PCRC as well as Carson Capital and NuFire, Inc. As the CEO of LBTT Holmes has impressed a lot of investors with his success in bringing lifesaving LBTT technologies to fruition. He is making LBTT investors wealthy and people respect him.
Fourth, we know that, according to Holmes, there is no direct connection between Lifeline Biotechnologies and PCRC, other than his financial interest in both.
Now let's ponder the possibilities:
Some have speculated that PCRC may serve as a shell into which Holmes could reverse merger some LBTT spin-off or in some other way benefit LBTT. Possible I guess but in my conversation with Mr. Holmes he was firm in the assertion that LBTT was in no way involved with PCRC, Carson Capital or NuFire. So let's turn our attention to the PCRC siblings, Carson Capital and Nufire. I have not dug into Carson Capital but here is what little I know about NuFire:
According to Holmes, NuFire, a privately held company, has developed a new technology involving coal. This process is currently under study at a university. That's all I know about it at this time.
So here is one possible scenario: The NuFire technology proves, via university conducted research, to be valuable for the coal fuel industry. Nu Fire is reverse merged into PCRC in order to bring Nu Fire public in the shortest amount of time for the lowest possible cost. Perhaps Carson Capital plays into this plan somehow.
In the process, those of us who bought into PCRC and accumulated many millions of shares are now very happy investors.
Of course, anything could happen such as PCRC just remaining an empty shell and current shareholders would be out their $700 per million shares. I think most of us could live with that. As I've said the ONLY reason I'm holding PCRC is because of Jim Holmes' involvement. I wish I could have gotten into LBTT at these prices. I came pretty close though and got in at .002 and the stock is now above .03. That's a nice 1500% increase and there's more, much more, to come in my opinion.
So I would like to hear some discussion and input from other PCRC holders. Don't even bother bashing as there's nothing to bash. All that exists is potential, a blank slate.
Koiman >
I also have TGHI shell, you just never know if they will take off,, I also post CJCL last week @ .01,, now look at it!
I just hope the above post proves right, I have over 200,000 and no more to risky,, but thats the fun of it!