InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,426.40
(
0.12%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.81
(
0.02%
)
Bitcoin
65,391.40
(
0.39%
)
Post# of 87366
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

stervc

Send PM Follow Ignore
Followers 5219
Posts 24047
Boards Moderated 5
Alias Born 09/20/2000

stervc

Member Level

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

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up