This is topic HCPC - bot play/$35m sudden revs could be/Blow up PRs expected on $700-$1Bm in loans in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
AS: 1.5 billion (as of 17th July 2007) OS: 231,552,123 ( as of 13th July 2007: this figure has increased) Float: 77,130,234 (this figure has increased)
• Management: The senior management team consists of former GMAC Mortgage staff. This group has over 50 years experience in mortgage financing (see website for resumes).
insider ownership - 158,029,889 or 68.25 % of OS shares (old O/S)
The O/S we beleive has recently changed and has increased. The 1st HCPC share holder meeting is thurs oct18th, this week. We should know at that time how much it has increased.
Their story is, they have a 300 million commercial real estate loan that could be announced any time soon. They loan this out and receive from what I understand, a quick 5% back on the loan. Getting this first loan will initiate a 400 million loan shortly after, which those who've been in this for a while say is a pretty sure thing, once the first loan comes thru. They have also been informed that the ceiling on these loans will have been increased, possibly from 700 million to 1 billion. They have also announced in the recent PR, that they are possibly opening a bank as well. The recent PR states that an Reverse Split is not in the plans, and only would happen if they uplisted. They also said that they will initiate a buy back. The 300 + 400 million loan will give HCPC management $35 million to work with pretty quick. With this, they can open a bank and initiate the buy back, sicne they are making %5 on the loan. If it's ceiling is raised to 1 billion it would be 50 million $ to work with. I beleive when they get this 300 million first installment, there will be a short time frame and then the other 400 million will come. During this in between time, HCPC has the potential to be a monster ***********, as the expectations for the other 400 million to come would bring in huge buying. They are filing with pinksheets.com, though not an OTCBB yet. At .0004 PPS and with 35 million$ coming and the O/S possibly around 400-600 million (will know end of this week the true o/s since being increased), we are looking at an incredibly undervalued play here. At .0004 X 600 million o/s = $240,000 market cap.....just rediculous on this when those loans come thru, instantly netting the company $35 million. If the O/S becomes 1 billion (which we doubt) at .035 PPS, the market cap would be $35 million, so at .0004, with a 1b o/s, this is still an incredible deal. The market cap would then be $400,000 on $35 milion........ 8D I don't think the o/s is near that and the volume action lately says so. It is very hard to get .0003 shares. I've been trying all this week and closer to the end of the week, it has been harder to get those, so I've been picking up .0004 shares. I am in this long, till it hits into the pennies and is no longer a subber. Yes, this is risk, but this is life changing money for when those loans come thru.
The BAD :
There is an article out of a woman who claims was ripped off by the company. The company has responded by stating that they haven't ripped her off, but the loans have simply taken longer than anyone had imagined, so looks like someone who invested with them lost patience and went to the media with it.
It is possible these loans may not come thru, but from the recent PR, stating that revenue will be generated by the end of the year, we think they already know they are coming thru, so, yes, a risk here, but to me, at .0004, the good far outweighs the bad. The risk/reward here is phenominal - from .0004 to .03 is a 75 bagger and here at .0004, we all who are in this beleive this is the true bottom.
Posted by weatherbill on :
been sitting on the bid .0004s for over 10 minutes now. I don't think there are many left. May have to buy at the 5s
Posted by weatherbill on :
"The Company's plan includes using 35% of its income following each project funding to buy back stock."
35m to 50m will come in from loans, on the 5% of the 700m to 1B laons. on the first 300m loan, 15m will come in, 35% of 15m is $5.3 million towards the buy back. 35% of the the other 5% of the 400m 2nd loan is 7 million, for a total of 12.3 million used towards the buy back.
Put it this way, if they were to use the 12.3 million to buy back shares at say .003 per share average, it would b 4.1 billion shares........ LOL.......... I don't think the PPS will be staying near .003, since the O/S is probably closer to 400-600m o/s.
Do you see the potential of this....it is amazing!
Posted by climintheladder on :
Up 25%, a little above avg 10 day, could be a good play... Posted by IMAKEMONEY on :
MOVING NOW!
Posted by climintheladder on :
Hello.........0006x0007 up 75%, got some * 0004 this morning..looking good so far. Posted by BooDog on :
.0007
missed me Bill. Keeping my order for 4 though just in case.
good luck
Posted by IMAKEMONEY on :
WOW HAD AN ORDER IN FOR MILLION SHARES ALL OR NONE FOR THE LAST 15 MINS OF THE DAY AT .0007, NO FILL!
Posted by weatherbill on :
try taking off the all or none and let them fill it as they wish, that might help.
this is eventually going to .03, so I'm in long on this......that is, if the loans come thru, which sound like they are by the last PR, saying they will be generating revs by the EOY
nice move today......I think the only way to make big money on this is play it long into the big expectations that have just started to roll on this.
Posted by weatherbill on :
boodog, you're gonna regret not having .0007s by mid november.......
Posted by BooDog on :
lol we'll see. I'll take some at .0006 though and we'll see if i get some .0004s
what is a $1Bm anyway? I'll take a chunk of that too while we're at it! Good luck WB and thanks for the alert!
Posted by PCola77 on :
$1 BM probably has to do with pay toilets.
Posted by BooDog on :
ewwwwwwwwwwwwwwwwwwwww lmao P
Posted by BooDog on :
.0005
..... and back to 6
Posted by weatherbill on :
$1b is 1 billion dollars
Looks liek today we did some consolidation at the 5s.
my guess is that if tomorrow alot of 4s or 3s go thru, the company still has some shares they are selling. If we stay up here at the 5s, we're gonna be moving up. My big thing is, with the share holder meeting, we are gonna get an official updated share count from the company. I wanna see the new O/S under 1 billion. I think it could be around 400-600 million now. In July it was 231,000,000, so with the stock's action these last 2 months, I don't see the o/s more than that, but we'll see. Once the events of this stock start happening, it will be an exciting time becasue the head room for this to run is pretty big/ according to my math above on the buyback and the worth that come sinto this.
Posted by BooDog on :
could be WB. A lil patience now imo.
Posted by weatherbill on :
yes, I am patient with this. I'm long and strong on this one....just too many events coming into this one to cash out on the first blip up. My price target, if all goes well on this is .03, possibly more.
these next few days are gonna be really interesting becasue of all the new info we're gonna get at the share holder meeting, plus HCPC going to that expo in NYC. I think we are gonna see some money move into this soon.
Posted by IMAKEMONEY on :
WELL GLAD I MISSED THE .0007s, NOW I GET MORE! Posted by BooDog on :
stll no 10k's yet on the LIIs so this could even see 3 again. JMO. Sometimes I see NITE control the B/A with their all mighty 10000. lol
Posted by BooDog on :
der's da .0003
alz i'mza zayin izzz donts faiitz da m&m's
Posted by weatherbill on :
nice buys at the 4s this afternoon!
We should be hearing some things from the share holder meeting soon.
I bet we get a PR next week as well.
Posted by weatherbill on :
you don't understand....I need to make this one more clear. Not only is a reverse merge coming to this, but before all that, the PR with some DD says, there is a number of significant events that are gonna hit this stock going into the reverse merge.....
some of the events are
the 300 million loan
the 400 m loan
the ceiling on these loans being raised to possibly 1 billion
the buy back
then the merge into the bank that's funding this
HCPC makes 5% off of the 700 m in loans coming in.
that's $35 million instant cash once approved..... of that, they are using 35% for the buy back, which is 12.3 million dollars...... 12.3 million dollars can buy them 4.1 billion shares at .003...
CAN YUO SEE IT! 12.3 MILLION FREEKING DOLLARS GOING INTO A BUY BACK, THEN THE REVERSE MERGE COMES!
FREEKING INSANE! This is the next SWVC.....we have a long sustained run ahead of us and at .0005, you can;t get much lower than that, so this is a great time to get in and hold for nov-dec events coming.
Posted by weatherbill on :
I think tomorrow we're gonna see some nice green on this.
Posted by BooDog on :
I gotta nuff 4s now. lol couldn't get the 3s may have been too impatient.
Posted by BooDog on :
Heritage Capital Credit Corporation Describes BCLOC Friday October 19, 3:04 pm ET
WILMINGTON, Del., Oct. 19 /PRNewswire-FirstCall/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC - News) responded to questions at its Annual Shareholders' Meeting held on October 18, 2007. The number one key question that continues to be asked is "What is the BCLOC and how does it work?"
To address this question and to fully describe the BCLOC in plain language, the following is a comparison of the BCLOC with other lender funding.
In this example, Jane Doe has a business plan and wishes to acquire a commercial asset project (an office building, shopping center, hotel, apartment building, etc.) -- in this case an office building with a price tag of $10 million.
The Other Lender Route will necessitate finding a bank or other lender who qualifies her for a loan of perhaps 80% of the commercial asset project, with a down payment of 20% from Jane's pocket. She will need the services of a real estate lawyer.
What can go wrong after funding? Jane could face default and lose her 20% down payment along with her asset because of insufficient income from the project over several months' time or because of problems with her business plan, and may need to secure a second mortgage to secure cash flow for the project and to make payments on the first loan. Even so, bankruptcy is always a possibility.
The Heritage BCLOC route will never involve bankruptcy and does not require Jane to post 20% down. Rough spots in cash flow from tenants need not sink Jane's business plan. Here's how it works:
Jane's part: Jane provides Heritage with a letter of agreement showing she has worked out details of the purchase with the seller. Jane pays whatever legal fees, etc., are involved with this part of the process. She also provides Heritage with a business plan for operation of the asset and a signed agreement to acquire the commercial asset project. She will need the services of a securities lawyer with experience in real estate.
The role of Heritage: Once Heritage receives the signed agreement to acquire the commercial asset project and the business plan, Heritage will conduct due diligence of the project and if satisfactory, then:
1. Heritage sets up a special limited-purpose corporation for Jane, controlled by a bank trustee. Heritage delivers the due diligence materials with all the corporate documents to the investors to raise money on behalf of this corporation to purchase the asset.
2. Jane's corporation signs a promissory note and acquires the asset with the funds from the investors. Some of the proceeds from the note fund an interest bearing corporate account (the CEA) that belongs to the corporation. The CEA's sole purpose is to support payments on the note in the event that the cash flow from tenants cannot do so.
3. Heritage greatly reduces the possibility of legal default by arranging a guaranty contract for the corporation for the purpose of guaranteeing the payments on the note in the event of an economic downturn or unexpected consequences related to Jane's business plan. (In technical terms, wrapping the BCLOC with a guaranty contract reduces the risk of legal default on the note. Heritage uses proprietary software to forecast the amount of time remaining until the CEA would conceivably be depleted, during which time the corporation could continue in spite of adverse circumstances.)
4. What if Jane is sued? She has no legal liability. Her corporation with its CEA balance will suffer no loss as it is part of a trust estate, pledged to the trust. State and federal courts have upheld this situation.
5. How does Jane feel about all of this? She can withdraw funds according to certain guidelines. Jane has no out of pocket costs for her building's operating expenses. In time the note is paid-off and Jane has choices, either to collapse the corporation's trust or to continue on with it, with all the advantages of a corporation (debit card, tax advantages, company car, stock passed on to her kids, etc.)
Meanwhile Jane can take cash out of her corporation within certain guidelines related to her project's profitability. Eventually Jane owns her corporation free and clear, including the asset and whatever remains of the CEA.
Regarding the initial 21 clients who came to Heritage in 2004 and 2005, they provided a business plan and signed contracts for funding. Heritage is still waiting for signed agreements to acquire commercial asset projects, as required in Jane's part. Although none of the clients have been funded, some of them plan to honor their contracts and finish the application process to receive funding. Others do not.
About Heritage Capital Credit Corporation
The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to prepare real property and commercial revenue producing assets for securitization. Once securitized, the documentation can be delivered to investors for funding. To date, the Company has not delivered any projects for funding. For more information, visit the website: http://www.heritagecapitalcreditcorp.com.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans and consummate the proposed acquisition, actual results may differ materially from the expectations expressed in the forward-looking statements.
Contact: Heritage Capital Credit Corporation Richard Razzeca, Vice President Tel: 302-778-4222 Email: info*heritagecapitalcreditcorp.com
Posted by BooDog on :
.0002
whatchya thinkin now WB? That .0007 is looking pretty good now.
Posted by climintheladder on :
Wait, wait, wait.......ho hum...finally in a position to wait a month or two. Been doing well thanks to you guys on this board. I've learned a bunch. Thanks boo for the message the other day, info was really helpful. Posted by BooDog on :
Cheers climintheladder
Posted by climintheladder on :
Down here it's bottom's up! Public education at it's best.......HEHE Thanks again BOO
Posted by BooDog on :
Best to learn before you jump dat's for sure. Protect your capital upmost and foremost don't put in what you don't/can't afford to lose.
Posted by climintheladder on :
Kudos.......I understand........taking baby steps with capital. Start small, think big, make plenty......and be not greedy my good man. So says me..........HEHE. Sounds like a plan, my good man?
Posted by BooDog on :
News for 'HCPC' - (Heritage Capital Credit Corporation Expands Product Line to Include Traditional Commercial Loans)
WILMINGTON, Del., Oct 30, 2007 /PRNewswire-FirstCall via COMTEX/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC) announces the expansion of its commercial mortgage products and its funding sources. The Company has established a new division that offers a broad spectrum of commercial loan programs that range in size from $1,500,000 to $20,000,000.
The Company's funding sources will include other conduit lenders, national banks and REITs that fund traditional commercial loans. These commercial loan programs will move Heritage into the financial marketplace where it will have access to some of the nation's largest commercial loan investors.
Richard L. Razzeca, Vice President, will head this new division that will offer the traditional commercial loans.
The Company's subsidiary, Independent Capital Credit Corporation will begin accepting and processing applications on November 1, 2007. Acceptable property types include:
-- Multifamily Apartments
-- Office Buildings
-- Retail
-- Hotels
-- Industrial
-- Mixed Use
-- Commercial and Retail Condominiums
More information will be posted on the website: http://www.independentcapitalcreditcorp.com, where applications will be accepted via email or they may be faxed (302-778-1048). With general property financial data, we can pre-qualify a commercial property for funding. No application fee is required.
The Company's flagship product, the BCLOC, which provides 100% financing for commercial projects ranging from $10 million to $70 million, will continue to remain in the forefront of its loan products. To date, the Company has not delivered any projects for funding.
About Heritage Capital Credit Corporation
The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to prepare real property and commercial revenue producing assets for funding.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans and consummate the proposed acquisition, actual results may differ materially from the expectations expressed in the forward-looking statements.
Copyright (C) 2007 PR Newswire. All rights reserved
Posted by climintheladder on :
Just too cheap to pass up, can stockpile a few at this pps......to much positive news not to go somewhere, question is when. A couple bucks goes a long way with this one.
Posted by don_casey on :
bought some at .0004 .0003 and today some at .0002.
may she rise up soon some day lol
Posted by don_casey on :
Heritage Capital Credit Corporation Accepting Applications for Traditional Financing for Commercial Projects Wednesday November 7, 12:23 pm ET
WILMINGTON, Del., Nov. 7 /PRNewswire-FirstCall/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC - News) announced that it has a funding source for traditional financing for commercial projects that range in size from $1,500,000 to $20,000,000. ADVERTISEMENT
Applications must be received on or before November 13, 2007, in order to be considered for funding prior to December 31, 2007. Commercial property types include multifamily apartments, office buildings, hotels, retail, industrial and mixed use buildings.
Visit the website: http://www.independentcapitalcreditcorp.com, "Traditional Financing" and apply via email or fax your information (302-778-1048). No application fee is required.
The Company will continue to accept applications for its flagship product, the BCLOC, which is corporate financing that provides 100% funding for commercial projects ranging from $10 million to $70 million. The BCLOC will continue to remain in the forefront of the Company's loan products. To date, the Company has not delivered any projects for funding.
Posted by don_casey on :
Heritage Capital Credit Corporation Posts Third Quarter Financials Tuesday November 13, 11:35 am ET Narrows Operating Loss by 57%
WILMINGTON, Del., Nov. 13 /PRNewswire-FirstCall/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC - News) announced today that the Company has published its Third Quarter Financial Statement on www.pinksheets.com and on the website, www.heritagecapitalcreditcorp.com. The third quarter 2007 Financial Statement reflects a third quarter loss of $172,079, which is 57% less than the third quarter 2006 loss of $400,869.
The net loss for the quarter ended September 30, 2007 was $172,079, compared to a net loss for the quarter ended September 30, 2006 of $400,869. Basic and diluted loss per share for the three months ended September 30, 2007 was $0.00031, compared to $0.00247 for the three months ended September 30, 2006.
The narrowing of the operating loss by 57% was primarily due to reduced General and Administrative Expenses during the third quarter of 2007 as compared to the same period in 2006. However, no revenue was generated during the third quarter 2007 as compared to minimal revenue in the third quarter 2006.
Company's Highlights
Posted by climintheladder on :
OK, been a huge disappointment so far. Huge volume at .0001 forever now. First one to completely confuse me. So much to learn with these things, but this one is busting my head. Any help on what is going on?
Posted by don_casey on :
huge volume today with life lol
Posted by don_casey on :
anybody who is privleged want to share what is happening on level 2?
Posted by Homersbud on :
huge vol, but bid support is weak at 0002.
looks to me like this is just a pump n dump. If you got in at 0001, you're alright, otherwise, you're gonna need a miracle...
If anything, this might hit 0004 tomorrow morning, but ain't going anywhere after that.
Posted by m69jump on :
just might pop more then .0004 jmo.....
Posted by Bobbie ILLz on :
.0005!!!
Posted by BooDog on :
quote:Originally posted by Bobbie ILLz: .0005!!!
Nice!!
Posted by Andreas on :
Back down to 0004 -- would be nice to drop 1 more to buy cheap at 0003 Posted by Bam Bam17 on :
Posted by: stervc In reply to: None Date:12/11/2007 3:52:53 AM Post #of 7585
Posted by: stervc In reply to: None Date:12/11/2007 3:52:53 AM Post #of 7585
HCPC Insider & Institutional Ownership & DD…
Below is some research I compiled to show some key thoughts for the potential in HCPC. I think it’s worth researching as I think a few major events are about to transpire with HCPC.
******************************************************************************** ************************************************ http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=12750 ** No Preferred Stock ** No Debentures ** Warrants and convertible debt amount are anti-dilutive ** From Note 5 within the filing above: The Company’s largest Investor is First Independent Financial Group (FIFG) and as such, management is provided by FIFG to the Company and related companies to achieve the business model that impacts the Company and all of the affiliated companies. ** FIFG trades on the NASDAQ at $11.99 per share. ** FIFG acknowledges ICIC ownership: http://www.firstindependentfinancialgroup.com/id19.html ** Go to the FIFG website below and click where it reads… Independent Capital Credit Corporation ** Now go to the HCPC website and click on… Independent Capital Credit Corporation ** Both locations will take you to the same ICIC company at the website below: http://independentcapitalcreditcorp.com/ ** Further confirmation of some kind of dividend in FIFG, merger, etc. is going to take place.
http://biz.yahoo.com/prnews/071009/latu054.html?.v=101 ** Announced plan to buy back stock on the open market over the next year. ** Plan includes using 35% of its income following each project funding to buy back stock. ** Company believes current market price for the stock does not adequately reflect the intrinsic value of the stock and therefore, the Company should take advantage of the low price. ** The Company expects to receive a 5% origination fee at the closing and funding of each commercial project. ** That cash revenue will be used for general and administrative expenses and to repurchase stock. ** The buy back is expected to reduce the number of shares outstanding, thereby increasing the value of the shares available. ** Revenues are expected to be generated by year end. ** NO REVERSE SPLIT per the company unless a strategy is developed for moving up to the NASDAQ.
http://biz.yahoo.com/prnews/071019/laf059.html?.v=57 ** Regarding the initial 21 clients who came to Heritage in 2004 and 2005, they provided a business plan and signed contracts for funding. ** Heritage is still waiting for signed agreements to acquire commercial asset projects, as required in Jane's part. ** According to the PR released on 31 Jul 07, there were 26 clients that were to generate $740 Million in Revenues with a net profit of $35 Million. That’s a 4.6% Profit Margin with an average of $28,461,538 per client. ** There are now 21 clients and not 26 clients so the new numbers are below. ** The new Revenues amount would be 21 x $28,461,538 = $597,692,298 ** The new Net Profit/Income amount would be x .046 = $27,493,846 ** $27,493,846 ÷ 2,500,000,000 = .01 EPS ** 12 Conservative Ratio x .01 = .12 Per Share ** This valuation would only increase because the company stated that it would use 35% of the profit to go towards buying back shares to reduce the OS. ** 35% of $27,493,846 = $9,622,846 as a minimum to go towards buying back shares. At .0002 per share, the current Market Cap is $500,000 so I think could imagine what a $9.6 Million share buyback out of the open market would do for HCPC’s valuation. ** This in turn will reduce the OS much lower which in turn enhances valuation since the OS is the key denominator for assessing valuation.
The Institutions and Insiders have not sold any shares to date. This is a huge show of confidence since their cost basis from the posts above is well into the pennies. It looks like HCPC is transforming into more than just a lotto play as from what I had originally thought. I hope these thoughts help.
v/r Sterling
Posted by Bam Bam17 on :
Posted by: stervc In reply to: None Date:12/14/2007 2:48:34 AM Post #of 7708
From the PR released on 9 Oct 07: http://biz.yahoo.com/prnews/071009/latu054.html?.v=101 ** The Company expects to receive a 5% origination fee at the closing and funding of each commercial project. ** Plan includes using 35% of its income following each project funding to buy back stock.
The above information is key to help us derive a “potential” valuation as to where HCPC should fundamentally be trading given the closing/funding of key projects.
Key Variables Revenues From Project = $740,000,000 Income = 5% of $740,000,000 Outstanding Shares (OS) = 2,500,000,000 Shares
EPS = Earnings Per Share PE Ratio = Price to Earnings Ratio
$740,000,000 x .05 = Profit/Income $37,000,000 = Profit/Income
$37,000,000 ÷ 2,500,000,000 = EPS 0.0148 = EPS
.0148 EPS x 12 Conservative PE Ratio = Current Potential HCPC Valuation 0.178 = Current Potential HCPC Valuation
Given the potential valuation above, HCPC could logically be trading in the .178 per share price range. The key reason as to why the HCPC valuation gets better is because of the 35% of Income that will be used to buy back shares to reduce the OS and the Float as from what was previously released in the PR above.
35% of $37,000,000 = Amount to use for Buyback .35 x $37,000,000 = Amount to use for Buyback $12,950,000 = Amount to use for Buyback
Today HCPC closed at .0004 per share. That’s a Market Capital for HCPC of:
.0004 Per Share x 2,500,000,000 (OS) = $1,000,000
From the $12,950,000 amount of profits that could be available for completing the buyback, that is 12.95 times the amount of a greater worth from today’s share price of .0004 per share derived by:
$12,950,000 ÷ $1,000,000 = 12.95 times
So actually, based on the potential reflected above HCPC should be sitting at .0052 Per Share derived by:
.0004 x 12.95 = .0052 Current Potential HCPC Valuation
Here’s where it gets even better. Remember, the $12,950,000 will be used to buyback shares. With that amount, they could more than buyback 2 Billion Shares, but let’s just stick with saying that the company buys back 2 Billion Shares to leave remaining an OS of 500 Million Shares. Now consider below from what will be considered the new valuation considering that the amount to be reported as Income on the Income Statement would be the $37 Million that I mentioned above:
$37,000,000 ÷ 500,000,000 (OS) = EPS 0.074 = EPS
.074 EPS x 12 Conservative PE Ratio = New Current Potential HCPC Valuation 0.89 = New Current Potential HCPC Valuation
The thoughts above could be considered very conservative in nature by some while on the contrary to other. One of the individuals within the forum had actually gone to the HCPC Shareholder’s Meeting a little while ago. He mentioned that the company’s Underwriter believed that HCPC should be trading in the $42.00 to $45.00 per share price range. See the post below: http://investorshub.*********/boards/read_msg.asp?message_id=25261604
That’s very powerful to come from the company’s Underwriter at the company’s Shareholder Meeting. Heck, even if he is only a fraction of a percent to be correct, that would land HCPC to be somewhere in the pennies.
The above thoughts should be considered by all as “potential” Fundamental Valuation and not “actual” Fundamental Valuation. It will be up to HCPC to confirm the “actual” valuation that many of us believe. Please note though that we all buy stocks because of the potential valuation that is revealed to give us a sense of feeling that we have gotten in early. I am thinking that HCPC will be gaining new investors everyday that will share that same feeling daily.
From the variety of different ways to consider the potential for HCPC, no matter how you view it, we should be trading somewhere in the pennies. IMHO
v/r Sterling
Posted by Bam Bam17 on :
HCPC *0.0005 UP TICKING.EOM
Posted by BULListic on :
In this one yesterday at 5 then doubled down at 3 to get an average of 4. Tons of buying again at 5 this morning. Only 6MM's away from .0012, so any news could get a 2-3 bagger from here.
Posted by BooDog on :
Keep it goin Bull!
Posted by BooDog on :
It took my .0006 and split it up but i'm out for now.
Posted by wdcisco on :
I'm gonna try and pick up some 3's Monday...wish me luck Posted by Spectacles on :
You'll probably have a better chance at 4's or 5's. Either way it's a good buy. IMO
Posted by Bam Bam17 on :
Posted by: fringe_rumnog In reply to: None Date:12/15/2007 5:00:19 PM Post #of 8646
HCPC Is a Good Buy * 0.0006 & Under
And here is why....
0.0006 is the price hard under Fast pSAR on the weekly chart, which is the price where MFI and Momentum began to diverge from some time ago. All prices below that level are accumulation prices.
Don't let anybody tell you otherwise, especially if they were born in 1961.
Now look at what is happening at pSAR here.... HCPC looks like it is going to blow right through this level... take a moment to scan the other indicators above and below the price panel, and note what they are doing. I have placed cyan arrows at these points to make it even easier to assess.
Remember, this is a weekly chart. It cannot be painted by one close. The daily noise is taken right out of it. It's a solid representation.
HCPC *0.0007 HOD. YES! EOM
Posted by Bam Bam17 on :
HCPC Share structure
AS: 4 billion (as of 5th October 2007) OS: 2.5 billion (as of December 1st 2007: Stated on HCPC website) Float: 1.132 B (as of December 1st 2007: Stated on HCPC website)
Subtract the public float from the official O/S and you derive 1.368 held by insiders / institutions / others .
Posted by Bam Bam17 on :
HCPC News Heritage Capital Credit Corporation Provides BCLOC Program Update
WILMINGTON, Del., Dec. 21 /PRNewswire-FirstCall/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC) provides the following update on the status of the BCLOC Program.
-- The Company has arranged a funding commitment for its first commercial project that will ultimately be put into a BCLOC security. The transaction is in the amount of approximately $6,000,000 and is expected to close on or before January 22, 2008.
-- The Company has endeavored to reaffirm the interest of the original applicants for the $740 million in the BCLOC Program. To date, we have more than $740 million in requests for funding. Although some of the original applicants no longer desire funding, their funding allocations have been requested by other original applicants.
-- The Company plans to extend the delivery of the BCLOC applications for funding to the first half of 2008, due to the severity of the credit market crises and the number of incomplete BCLOC applications.
About Heritage Capital Credit Corporation
The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to prepare real property and commercial revenue producing assets for funding. To date, the Company has not delivered any projects for funding. For more information, visit the website: http://www.heritagecapitalcreditcorp.com.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans, actual results may differ materially from the expectations expressed in the forward-looking statements.
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