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HPC POS System, Corp. Common (HPCS) RSS Feed

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Contact Info c/o House of Mohan Corporation 6409 Lake Meadow Drive Burke, VA 22015 http://www.mohanincense.com/ Phone: 703-283-9736 Shares Out.189.4M Investor Relations Contact ir@mohanincense.com Transfer Agent Action Stock Transfer Corp. 7069 S. Highland Dr., Suite 300 Salt Lake City, UT 84121 Office - (801) 274-1088 Fax - (801) 274-1099 E-mail - justblank2000@yahoo.com Corporate Profile Over 200,000 independent retail outlets throughout the United States Over 20 million incense sticks sold per month, concentrated in the top ten (10) states Over 10 years of sales data, targeted sales by demographics and ethnicity. High Quality incense retail price at $1.00 per pack. No pricing change in suggested retail price in last 10 years. Over 69+% ROI on wholesale pricing. Shipping & Delivery charges included in wholesale pricing. Mohan now has over 30 distributors representing over 2,000 wholesalers throughout the United States. Mohan is currently developing a pilot with 7 Eleven stores throughout the west coast with an anticipated nationwide launch date in 2011. Founded in 1995, House of Mohan Corporation is the leading manufacturer of pure charcoal incense hand rolled in the finest herbs, spices, oil, honey, and sandalwood powder. ------------------------------ recent news: Dec 8, 2011 Mohan Corporation Forms Partnership with Ashford Finance BURKE, Va., Dec. 8, 2011 /PRNewswire via COMTEX/ -- Mohan Corporation, a wholly owned subsidiary of HPC POS Systems Corporation, (OTC: HPCS), a global manufacturer and distributor of high quality incense and oils, announces its contract with Ashford Finance based in New York, NY. Under the terms of the contract, Ashford Finance will provide a revolving Line of Credit of $1.5 million dollars in purchase order financing, and provide additional financing for accounts receivable and working capital. The lines of credit will allow Mohan Corporation to efficiently process purchase orders from its qualified distributors. Melvin W. Coles, CEO, states, "We already placed over $1.3 million in orders through Ashford Finance, and will ramp up orders to service our national distributors and customers. We are pleased with the process, from inspection to financing, and how thoroughly they worked with our manufacturing partners on raw materials and finished incense products." Nosh Hasan, Ashford CEO, states, "Ashford Finance brings a global team and partners that deliver excellence and professionalism, and we worked with Mohan to take care of all purchase order financing needs. During our interview process with the distributors, we discovered that their products are of a high quality and in demand in the marketplace. We look forward to continuing to provide financing for purchase orders, accounts receivable, and other related financing needs." About Ashford Finance. www.ashfordfinance.com Ashford Finance is a specialized finance company based in New York, providing purchase order financing, letters of credit and creative short-term transactional financing for importers, exporters, and other short-term borrowers. Ashford provides 100% funding of cost, and also overlays an operational management process that ensures the goods are of proper quality, insured, and shipped on time. Ashford Finance has over 15 years of experience, managed by professionals with extensive trade, finance and merchant banking backgrounds. About Mohan Corporation. www.mohanincense.com Dec 5, 2011 Mohan Corporation Celebrates Over 40 Years of Service ----------------------
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