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Post# of 87366
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neilhk

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neilhk

Re: Kyoshi post# 3070

Monday, 09/17/2007 12:54:17 PM

Monday, September 17, 2007 12:54:17 PM

Post# of 87366
Excellent points Kyoshi. The fact that they have disclosed so much through their quarterly annual filing, when they didn't have to, is a breather of fresh air imo.

For those new to the stock those filings indicate all the investment made in the company by the Directors and major shareholders. The following are extracts from a detailed assessment I have made of all their filings to date. These are posted under the DD section in the I-Box.

The important point to note is the amount invested and the price at which they purchased their shares at....it is much much higher than today's price....and they have not sold one single share between them....think that says more about them and the confidence they have in HCPC's future than anything else


Part 1: Capital Investment in HCPC by Directors and Major Shareholders:For Period to December 31st 2006.

See post http://investorshub.advfn.com/boards/read_msg.asp?message_id=18103449

A. Gwendolyn Carol Johnson = Invested $495, 606 in the period until December 31st 2005 for which she received 9, 856, 506 shares = Cost basis of $0.0502 pps

B. First Independent Financial Group (FIFG) = Invested $181, 935 in the period until December 31st 2005 for which they received 6, 500, 000 shares = Cost basis of 0.028 pps

[It is worth noting that FIFG owns 63% of the OS shares of HCPC equal to 103 500 000 as of September 30th 2006. This company was bought for 100 million shares initially by HCPC. The Directors of FIFG are Gwendolyn Carol Johnson and Walter Hinchcliffe. It subsequently acquired an additional 6.5 million shares for $181, 935 as stated above]

C. Ed Johnson (Husband of Gwendolyn Carol Johnson) = Invested $1, 465, 114 in the period until December 31st 2005 for which he received 11 326 506 shares = Cost basis of $0.129 pps

[He was subsequently issued an additional 20, 000, 300 shares by the company on March 31st 2006 as stated in the Quarterly Report for the period ending June 30th 2006. This brought his total shareholding to 38, 546, 383 shares = Revised cost basis of $0.038 pps. The cost basis was therefore brought in line with the others.]

Part 2: CEO takes shares in lieu of annual compensation

In the second quarter 2007 the filing for the period ending March 31st 2007

http://investorshub.advfn.com/boards/read_msg.asp?message_id=19093983

Gwendolyn Carol Johnson received 5 million shares in lieu of her annual 2006 compensation of $300,000 (which equates to $0.06 share,when the share price was c. 0.012 suggests the confidence she has in the future of her company imo.

The point is, they are down a lot too in terms of their investment in the business. If anyone has a vested interest to see the share price rise they do....yet they have not sold any shares to date...maybe they know something...when they win...we win. Simple as that imo

GLTA
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