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Post# of 87366
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stervc

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stervc

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Re: None

Friday, 12/14/2007 12:32:26 AM

Friday, December 14, 2007 12:32:26 AM

Post# of 87366
HCPC Share Buyback & No Reverse Split Info...

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.

** HCPC 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.

** HCPC 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.

v/r
Sterling


Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29867262

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