Hongchang International Company Ltd (HCIL)

[Rawnoc]

PWEB Q2 --SALES +141%, EPS $0.0125, ANNUALIZED $0.05

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10865194

Annualized P/E of 0.5 with a stock price at $0.025

Tangible book value $0.04/share

Won a legal victory of $550,000 after the quarter ended.

PWEB management believes further growth may be forthcoming. From the 10Q:

"Our net revenues increased for the 2015 second quarter and six month period compared to the 2014 interim periods as a result of marketing of the Company’s Internet technology products and service. The Company has focused on expanding its infrastructure and technology suite and management believes that continued focus on the Company’s technology business can result in additional revenue increases."