Heritage Capital Credit Corporation Closes $11.1 Million for BCLOC Program 3:24p ET February 26, 2008 (PR NewsWire)
Heritage Capital Credit Corporation (Pink Sheets: HCPC) today announced the closing of two financings totaling $11.1 million for its BCLOC Program.
The first transaction was for $808,000.00, which closed on February 22, 2008. This included a separate $234,000 renovation loan for a small hotel. The funding for this hotel will commence upon the first construction draw for renovation.
The second transaction for the commercial office building closes in two phases. The first phase closed today for $10,307,000. The second phase is for $5,500,000, which was arranged by the Company through an independent third party lender. The funding is scheduled to commence on March 7, 2008.
Both loans were closed as part of the BCLOC Program.
Weekly updates on the status of the BCLOC Program are provided on the website: http://www.independentcapitalcreditcorp.com. The information will include new financings that enter the pipeline and progress reports.
About Heritage Capital Credit Corporation
The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to arrange financing for real property and commercial revenue producing assets.
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.
Contact: Heritage Capital Credit Corporation Richard Razzeca, VP Tel: 302-778-4222 Email: info*heritagecapitalcreditcorp.com
The volume is incredible today also 800M
Posted by Dolhar on :
is o/s for this company is 1 trilion? with 840m vol it never moved beyond .0002.
Posted by JimSC on :
0.0003 -- up 50%.
Many big blocks are fake trades of the MMs - they are playing with this one. Watch it.
Posted by J_U_ICE on :
only 2 left on ask .0003
Posted by rustyj on :
Just 1 million Volume
Posted by J_U_ICE on :
quote:Originally posted by rustyj: Just 1 million Volume
that's 1 Billion
Posted by rustyj on :
Yea thanks Juice sry
Posted by Mo_Money on :
.0004 nice 100% since yesterday!!!
Posted by Andreas on :
Climbing to .0005 before EOD?
Posted by Morphiuzzz on :
I don't see anything changing with this. Is that my scottrade screen or nthing's happening?
Posted by Andreas on :
Going up and down between .0003 and .0004 - some trades at .0002 around lunch time.
Posted by JimSC on :
Posted by: weatherbill In reply to: None Date:2/29/2008 2:53:35 PM Post #of 26721
this .0002 base is as solid as they come. We are forming at .0003 solid base as well. This is the day the .0003 base is formed. Next week we move up and we will have a PR on the 5.5 million closing and they will probably talk about the buyback stuff in that PR....
I hope everyone here, realizes that it's not a one time buyback that's going on here, but as they close loans and the money comes into their accounts, the comapny is gonna start eating up this float, so let's make sure everyone knows, this is not a one time buyback event, but we will have multiple buyback times going on. Some serious eyes are on this now and the next bump up will be next week,..... to the 4, 5, and 6s, with3s as the bast and the 4s base being solidly forrmed. Then I expect the week afte rnext, we may see a "close pending" under the 400 million loan. That will be HUGE NEWS that will not be PRed probably, until it is officially closed...when that "close pending" news hits, we are going to get a jump in PPS and I have no doubt, we are going to the .001s, and .002s and probably alot more. This thing is goning to get really volatile and emotional. Stuff is gonna be flying! People are going to freek out. Civilization as we know it (in the lives of the HCPC nation) is going to get some shaking up!
Posted by IMAKEMONEY on :
IN AT .0002
Posted by m69jump on :
where is the filing this going back to .0001 watch
Posted by IMAKEMONEY on :
EOD .0003 LOL
Posted by JimSC on :
Huge contract will be announced soon.
******
Posted by: CREEP In reply to: uzualsuzpect who wrote msg# 26820 Date:2/29/2008 3:59:00 PM Post #of 26832
quote:Originally posted by JimSC: Posted by: weatherbill In reply to: None Date:2/29/2008 2:53:35 PM Post #of 26721
this .0002 base is as solid as they come. We are forming at .0003 solid base as well. This is the day the .0003 base is formed. Next week we move up and we will have a PR on the 5.5 million closing and they will probably talk about the buyback stuff in that PR....
I hope everyone here, realizes that it's not a one time buyback that's going on here, but as they close loans and the money comes into their accounts, the comapny is gonna start eating up this float, so let's make sure everyone knows, this is not a one time buyback event, but we will have multiple buyback times going on. Some serious eyes are on this now and the next bump up will be next week,..... to the 4, 5, and 6s, with3s as the bast and the 4s base being solidly forrmed. Then I expect the week afte rnext, we may see a "close pending" under the 400 million loan. That will be HUGE NEWS that will not be PRed probably, until it is officially closed...when that "close pending" news hits, we are going to get a jump in PPS and I have no doubt, we are going to the .001s, and .002s and probably alot more. This thing is goning to get really volatile and emotional. Stuff is gonna be flying! People are going to freek out. Civilization as we know it (in the lives of the HCPC nation) is going to get some shaking up!
You're a trip Jim. LMAO. Posted by JimSC on :
Very active at Ihub. Watch it.
Posted by Romeo on :
Watching it...this thing might explode real soon...just waiting on the news...
Posted by SoAngel on :
I am in at .0002 waiting for just that.
Posted by a surfer on :
if you can get it at .0002, why not!
Posted by Romeo on :
i got in at .0003...couldn't get filled at .0002..
Posted by rhadagast on :
I originally bought 20,000 at .05 so I'm just wringing my hands in anticipation over these recent reports of closed financing deals. Its hard to believe the stock is trading so low. CKYS is trading at this price level and its in the gray sheets, the CEO is being adjudicated, and the co. has no prospects i know of. At least Heritage has an unmarred rep and is generating revenue. I'm going to hang on until the price reflects the intrinsic value of the company...whatever that may be Posted by JimSC on :
Too many fake trades today:
0.0002 500000 OTO 14:50:57 0.0002 500000 OTO 14:50:53 0.0002 500000 OTO 14:39:40 0.0002 500000 OTO 14:39:37 0.0002 500000 OTO 14:38:34 0.0002 500000 OTO 14:35:05 0.0002 500000 OTO 14:35:04 0.0002 500000 OTO 14:29:05 0.0002 500000 OTO 14:28:59 0.0002 80000 OTO 14:24:49 0.0002 10000 OTO 14:24:43 0.0002 10000 OTO 14:24:41
Posted by Romeo on :
quote:Originally posted by JimSC: Too many fake trades today:
0.0002 500000 OTO 14:50:57 0.0002 500000 OTO 14:50:53 0.0002 500000 OTO 14:39:40 0.0002 500000 OTO 14:39:37 0.0002 500000 OTO 14:38:34 0.0002 500000 OTO 14:35:05 0.0002 500000 OTO 14:35:04 0.0002 500000 OTO 14:29:05 0.0002 500000 OTO 14:28:59 0.0002 80000 OTO 14:24:49 0.0002 10000 OTO 14:24:43 0.0002 10000 OTO 14:24:41
Could be a buy back ???
Posted by bod5 on :
it dosent seem to be tradeing at all today ,so far.can someone more knowledgable than me ,tell me what is happening? thank you
Posted by JimSC on :
From Ihub: **** Posted by: balamidas In reply to: None Date:3/7/2008 1:20:44 PM Post #of 32020
Construction/Renovation Financing Funded February 29, 2008 *****
Time & Sales Price Size Exch Time 0.0003 4000000 OTO 13:34:10 0.0003 2000000 OTO 13:33:51 0.0003 5000000 OTO 13:32:50 0.0003 2000000 OTO 13:29:21 0.0003 1000000 OTO 13:16:18 0.0003 90000 OTO 13:11:56 0.0003 10000 OTO 13:11:47 0.0003 400000 OTO 13:07:01 0.0003 10000 OTO 13:06:10 0.0003 471800 OTO 12:46:50 0.0003 1625000 OTO 12:38:28 0.0003 750000 OTO 11:43:29 0.0003 1000000 OTO 10:56:09
.0001 x .0002 D/t did everyone just get fk'd?
Posted by Romeo on :
quote:Originally posted by jdiddy: .0001 x .0002 D/t did everyone just get fk'd?
Don't know about others, but i always do...lolz..what a luck...
Posted by jdiddy on :
Anyone still here?
I hate to admit but still holding some shares, I was flippin from .0002 to .0003 a few times in recent weeks,
then loaded a bigger amt at .0002 yest, now down 50%, go figure
Posted by SoAngel on :
I am still sitting on my shares. I had a GTC sell in for over a week now at .0003 and it never sold.
Posted by Spectacles on :
Check out what they're saying on Ihub. Anything can be a scam but there seems to be a lot going for this company. Read the DD then do your own. I might not add shares but I'd probably hold for a bit.
Posted by bod5 on :
has anyone been able to buy at 0.0001 and then sold at 0.0002?
Posted by Romeo on :
quote:Originally posted by bod5: has anyone been able to buy at 0.0001 and then sold at 0.0002?
NOP...still trying to grab some .ooo1s
Posted by Romeo on :
Press Release Source: Capital Credit Corp.; Yale Resources Ltd.
Featured Stocks on Today's Edition of WallSt.net's 3-Minute Press Show: MZYH, NPHS, HCPC, YLL Friday March 14, 7:00 am ET
NEW YORK, March 14 /PRNewswire/ -- WallSt.net's 3-Minute Press Show is a daily video program hosted by WallSt.net reporter, Tracee Tolentino.
WallSt.net's 3-minute press show features in-depth interviews with public company executives on their company and most recent press releases. The show is designed to provide viewers with insight into a company's most recent press release, and its impact on the company's growth.
The following executives were interviewed on today's show:
-- Wade Mezey, CEO of Mezey Howarth Racing Stables, Inc. (OTC Bulletin Board: MZYH - News; http://www.mezeyhowarth.com)
-- Thomas Hemingway, Chairman and Chief Operating Officer for NextPhase Wireless, Inc. (OTC Bulletin Board: NPHS - News; http://www.npwireless.com)
-- Ian Foreman, President of Yale Resources Ltd. (TSX.V: YLL) (http://www.yaleresources.com)
About WallStreet Direct, Inc.
WallStreet Direct, Inc. a wholly-owned subsidiary of Financial Media Group, Inc., owns and operates WallSt.net (http://www.wallst.net), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net) an online hub for business podcasts from well-known business news personalities and publishers. We have received four hundred ninety five dollars from Mezey Howarth Racing Stables, Inc. for the dissemination of this press release. We have received four hundred ninety five dollars from Heritage Capital Credit Corp. for the dissemination of this press release. We have received four hundred ninety five dollars from Yale Resources Ltd. for the dissemination of this press release. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.
About Mezey Howarth Racing Stables
Mezey Howarth Racing Stables, Inc. is a thoroughbred racing company that extends the benefit of ownership to all shareholders. Mezey Howarth Racing Stables acquires and maintains a stable of racehorses adequate to compete in the upper echelons of the thoroughbred horse racing industry. The Company acquires, owns, manages, trains, and races thoroughbred racing prospects. Mezey Howarth Racing Stables works with only the finest trainers, jockeys, veterinarians, blacksmiths, and other service providers, to ensure that our horses are afforded every opportunity to excel. Mezey Howarth Racing Stables relies on the highest standards of ethics and does not cut corners, and believes that luck in this industry comes only through preparation, hard work, patience, and the professional management of our horses. For more information, please visit http://www.mezeyhowarth.com
About NextPhase Wireless, Inc.
With a mission to build a device-agnostic, WiMAX-ready, wireless broadband connectivity/content delivery platform serving all 48 contiguous U.S. states, NextPhase Wireless is focused on providing connectivity services and solutions to businesses, public school systems and local government agencies. Using licensed WiMAX and LMDS spectrum bands, the Company offers fully-integrated solutions with the highest levels of reliability, security, flexibility, scalability and price-performance. For more information, please visit http://www.npwireless.com.
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 closed two transactions and is working with four additional applicants.
About Yale Resources Ltd.
Yale Resources, Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties for commercial mineral deposits, such as gold, silver, copper, and zinc. It holds option agreements to acquire interests in the Urique project, the Carol-Balde property, and the Zacatecas property located in Mexico.
Contact:
WallSt.net
800-4-WALLST
Heritage Capital Credit Corp.; Yale Resources Ltd.
-------------------------------------------------------------------------------- Source: Capital Credit Corp.; Yale Resources Ltd
Posted by jdiddy on :
watch it......ITS TIME
Posted by Romeo on :
wow...nice volume coming in...
Posted by jdiddy on :
Posted by SoAngel on :
Just finally got my sell at .0003
Posted by JimSC on :
Pending 672 M$ loan will be closed soon.
Posted by JimSC on :
Fair marker value of pps: 0.0034 -- 10X within 3 months.
Posted by Romeo on :
UP 100% ...still rising....
Posted by jdiddy on :
PPS .0004 up 100% Posted by Bottomfeeder on :
Its bouncing for sure.
Posted by jdiddy on :
.0003 x .0004 gonna bust anyday now!!!
Oh yeah, IMO , IN MANY's OPINIONS!! LOL
Posted by jdiddy on :
REPORT IS OUT!!!!!
[Heritage Capital Credit Corporation (PINKSHEET:HCPC)]
Yesterday we had a conversation with David Urani of Wall Street Strategies, to ask his professional opinion on Heritage Capital Credit Corporation (PINKSHEET:HCPC).
This conversation was conducted on March 27th 2008.
Brief description:
Heritage Capital Credit provides underwriting and valuation services to facilitate financing for large commercial real estate project.
Q: What’s your take of Heritage Capital Credit?
A: This commercial real estate industry is doing okay right now, it is not in the dumps like residential real estate, and in most cases it is performing well. Vacancy rates and credit quality may be reduced a bit due to economic factors, however.
Q: What more can you tell us about this company?
A: In that sense, it will be important for the company to find commercial developers, whose projects would include apartment complexes, shipping malls, and office buildings. With lending markets a little tight right now, getting clients with sufficient credit quality is key, as banks are a little more hesitance to lend, especially with the high priced projects the company deals with, which are $500,000 minimum, and up to $20,000,000.
Q: How about the client side of the business, how will you evaluate them?
A: The past few quarterly earnings statements for the company showed losses, as the company was starting up and did not have clients yet, but in February it secured its first two clients. It must be noted that these clients were acquainted with the shareholders, and therefore the company did not have to find these projects per se. It has three multimillion dollar funding projects pending, however. The company should receive service fees for each of its projects, and going into its next quarter it will be profitable. Moving on, it will be important for this company to be able to continue finding clients.
Q: Based on this, what would you tell investors looking at this stock?
A: Due to the magnitude of the projects it deals with, it seems this company may be able to get its name out, and the size of its projects, relative to its $31,000 market cap means any new projects can grow the company quite quickly.
Bellwether Report and Wall Street Strategies do not own any stock in Heritage Capital Credit Corporation (PINKSHEET:HCPC), nor do we have any vested interested in the company, nor have we been paid by the company or any third party affiliate of the company. Bellwether Report and Wall Street Strategies have received no remuneration for this report, it’s simply to assist investors when doing their own research on this equity. This is only an opinion and is completely unbiased.
Disclaimer: All investment entails inherent risk. Wall Street Strategies' and Bellwether Report research seeks to assist investors in determining when to buy and when to sell to attempt to maximize profits or minimize losses. All final investment decisions are yours and as a result you could make or lose money. Wall Street Strategies and Bellwether Report, its employees and/or its affiliates and family members may from time to time take positions in the open market or otherwise with respect to the securities discussed. Wall Street Strategies and Bellwether Report, its employees and/or affiliates do not have stock ownership equal to or greater than 1% of the outstanding stock of the covered company nor does any employee of Wall Street Strategies sit on the Board of Directors of any covered company. Wall Street Strategies is not a broker/dealer, and the firm does not underwrite securities, manage assets or perform investment banking activities. The statements made herein include information obtained from sources believed to be reliable, but no independent verification has been made and we do not guarantee its accuracy or completeness. The statements made herein contain general information and do not constitute an offer to buy or sell any security.
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Posted by sailingzocean on :
Closed at .0003 today on good volumn...there supposed to be news coming out, we'll see.
Posted by wazupmyman on :
wow !!!!!!!!! almost 6 billion outstanding shares !!!!!!!! cant eait 2 buy tis 1 and wait 4 a nice big fat RS. thanks but no thanks
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