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Its looking much stronger today. Some nice buys and the bid support looks to be getting stronger. Excellent share structure and it moves with little buying pressure.
Theyve been ok with the last 3 raises. They usually arent real happy about it the first day or so then someone comes on with a ridiculos proposition about why they did it and hope takes over again. It really is sad that some people cant see whats really going on with this company.
Exactly and with the amount of money traded in this thing everyday it is not possible for TA to be worthwhile. This is a .0001 penny stock bottom of the barrel.
I wonder why the company hasnt posted the share structure update for almost 2 months now ?
Is it because they dont want to confirm what we all already know that the dilution is continuing ?
Thats the same thing the board was saying before the last update and it turned out to be exactly the opposite the company was still selling.
What do you have as proof HILL is buying back ?
HILL has been the known dilutor on this stock all along and the only way you wouldnt know that is if you didnt have level 2.
HILL is back on the ask at .0002 so it looks to me like they are selling more of the A/S that they have raised numerous times in the last year. Im willing to bet they are creeping up on the 10 billion A/S being fully diluted then its time for another increase or the R/S. IMO
Frogg is absolutley correct in his posts and noone can refute it. These are the posts that people should be reading.
These are the types of post that are the most ridiculos. How are you possibly even attempting to draw the conclusions between hcpc and microsoft ?
This stock is .0001x.0002 and has had nothing verifiable via a 3rd party about any of their loans. HUGE DIFFERENCE.
PUPS bid support is creeping up and there have been some good buys at .003. Shell that has been inactive for quite some time and woke up last week.
HILL still on the ask along with 4 other MM's and the price lags at .0001x.0002. Everyday more "longs" are stuck in this.
Weird how global was supposed to be closed in january and now suddenly they are moving onto other things and dumping shares.
Its about time for the pup to grow rapidly it looks like.
I wonder who the .0025 is :)
Looks like this one and hcpc are very similar DILUTE DILUTE DILUTE
What is the delay in announcing the milestone loan closing ?
Doesnt suprise me. There arent going to be any buyers until news comes out if it ever does.
Show me verifiable info, show my why they arent updating the share structure at the beginning of every month like they said they would, show me why they wouldnt PR the milestone 672 million dollar loan, show me why they are delaying the audits, show me why they have still been diluting when they supposidley have income coming in.
Most of all show me why its still trading .0001x.0002 if all this great stuff is coming, wouldnt anyone that knew or was in association with getting the loans, anyone near the company etc be buying all these shares ? Yet I see HILL back on the ask.
Yep I agree they havent been good at most theyve done and that includes pumping this diluted pig of a stock. IMO
What do you consider a real PR ? I wont consider any of this legit until a verfiable PR comes out with independent 3rd party confirmation because to be real blunt the company hasnt been putting out much legit info their entire existence IMO.
HILL on the ask at .0002 with a few others today. Who would be selling at .0002 if this stock is as good as you guys say it is ?
Yep I call it keep dangling the carrot and leading the unsuspecting people into buying the newly printed shares. How many times are they going to keep delaying things.
Just buying more time IMO.
HAHAHA that may be the best post ive seen on this board cause its the closest to the truth.
I think there will be some suprises when the update on the share structure comes out and its creeping up to the A/S amount. HILL on the ask is not a good thing and the company being so quiet about the share structure and delayed the fins that would have to include the structure is not a good sign.
Last time the structure was updates was march 7th. Almost 2 months.
2 months and no news.
There has been no 3rd party confirmation just a bunch of speculation. Its now the end of april no share structure update, no fins, no PR on the loan and the stock trading at .0001x.0002. If this huge loan was going to close wouldnt the GSR people and the HCPC people be sucking up all these shares at .0002 instead of HILL selling shares into the float ?
This stock is going to be huge for those of us that have waited this merger out.
Isnt it nice to be in a stock you dont have to worry about the A/S and O/S changing on a daily basis ? Stocks like this are few and far between.
Looks like what I was saying all along was true 100 million A/S pure BS, big short pure BS.
Like I said all along this stock was nothing but a share selling POS with a bloated A/S and I was right. Not only that but the company failed to update the A/S in a timely manner which should be investigated by the SEC. I will be sending an email to them to make sure they have this stock under notice. How a filing is delayed for almost 2 months that changed the A/S by 1000% is very shady.
Ill believe it when I see it ive been hearding this to da moon talk for months now and its nothing but speculation. Noone is going to believe them until they actually show they have done something which they have yet to do. Although they are pretty good at selling shares to investors.
Almost a month later and what has changed here nothing. The stock is still at .0001x.0002 they still havent PRed this huge news of the 600 million plus loan closing, still havent updated the share structure.
Oh wait they have PRed that they delayed filing the financials till May to buy them some more time to keep dumping shares. I havent been keeping a close eye but I have seen HILL on the ask a few times latley.
I wonder why they havent updated the share structure on the website in over a month either.
To dump 25k into hcpc would mean you would have to have 25k. Maybe your confused 25k is 25,000 not 25.00. Just because you can get millions of shares for 1 grand or two in HCPC which makes you feel like you have money because you account shows millions of shares doesnt mean anything when the company is garbage and worth .0002 a share.
All you guys pumping this arent even good at what you do I mean really if you were good you would have been able to get this to run up instead you sit in the .0001 x .0003 range.
I mean for the pumping that goes on 24 hrs a day on the board, the deletions and attacks on anyone that posts fact or has an opinion other then pumping youd think you guys could do a little better.
LOL now im getting PM's regarding HCPC.
The stock is at .0002 with billions of shares outstanding. What do you have to support a market cap of 700-1 billion ? Answer nothing but pumping.
You guys over on that board are all hilarious. Noone has any clue as to whats going on. Why hasnt the company PRed the 672 million loan ? Why have they diluted the stock into oblivion ? Why if your so sound with your investment cashflo (the biggest pumper of them all) do you post on the board 24 hours a day with unverifiable BS info ?
I think most people have finally realized and moved on hence the lack of interest in the stock.
I mean really why would anyone want to buy a stock with 7-8 billion in the O/S ? Weve seen in the last few weeks even with some buying interest it doesnt move.
There are the kind of posts that make me LMAO. This guy cant really be serious can he ? Is he delusional ? Plain Nutz or just a pumper like cashflo that is trying to bait anyone into buying their shares of this diluting POS.
700 million market cap LOL. You do realize they are only supposidley brokering the loans and getting 1/2 to 1% right now right ? So what are they funding 700 billion in loans. Pure BS pumping is all that goes on on the HCPC board. I think it may be the most ridiculos joke of a board on all of IHUB.
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Posted by: neilhk
In reply to: None
Date:4/5/2008 12:40:14 PM
Post #of 48865
HCPC Valuations:
Developed some quick valuations based on Assets (real estate loans funded by selling the convertible preferred shares) and the potential Earnings, assuming the credit market improves and they are able to pool their loans and sell the BCLOC securities to institutional investors and so free up their capital to close more loans. Also we have to factor in the preferred shares which need to be converted into HCPC common shares within 12 months of purchase. The price that these are converted at is critical. How the share price increases in value before that conversion is something we are all interested in.
I will offer some caveats. I may be wrong in some of my assumptions and I am putting this on the board for discussion.......there are two scenarios here, the second one (Scenario B) involves a reverse split. If you are closed to this possibility then best to leave now:) However, if you do read further, it may spark discussion and some may actually see the merits of it......imo of course.
Scenario A: Without an RS
Current OS c. 7.5 billion
Insiders 2.0 billion
3rd Party (future merger partner (s)?) 3.5 billion
General shareholders 2 billion
Ok, look at Assets but excluding earnings for now (Total real estate funded by sale of preferred shares):
$700 million divided by 7.5 billion OS = c. $0.093 share = Market Cap of $700 million (Realistic/ fair market valuation?)
Now earnings:
So with assets of $700 million, the potential Earnings on these are :
Earnings on $700 million, assuming they could pool and sell the BCLOC securities when the markets improve:
= $30 million (based on 4% fee) divided by 7.50 billion shares OS = $0.004 share.
If take PE 5 (conservative) = $0.02 share (based on 7.50 billion OS) = Market cap of $150 million (5 times earnings)
If take PE 10 = $0.04 share (based on 7.50 billion OS) = Market Cap of $300 million (10 times earnings)
i.e. Market Cap supported by Assets + Market Cap supported by Earnings:
$700 million + $150 million (based on PE 5) = $850 million Market Cap
$700 million + $300 million (based on PE 10) = $1 billion Market Cap
So if OS = 7.5 billion
$850 million Market Cap = $0.11 share
$1 billion Market Cap = $0.13 share
However, this is before the preferred shares are converted.
At a price of $0.10 this would mean that upon conversion of $700 million worth of preferred shares, there would be:
$700 million divided by $0.10 share = 7 billion extra common shares
In effect, the OS shares would be increased to c.15 billion shares.
So if OS = 15 billion shares
$850 million Market Cap = $0.056 share
$1 billion Market Cap = $0.065 share
This is not enough to uplist to OTCQX, where the minimum bid size is 25c. They would either have to reduce the share numbers through a major buyback and/ or develop the business to a much greater size……market cap approximately 4 times bigger…..c. $3.5 to 4 billion worth of business rather than $1 billion. That also raises the question of where the additional capital would come from and how would the HCPC fund it? Extra preferred shares? Or merger with a company that can bring that kind of money to the table??
Another option that some may not like involves a reverse split. If this enables the company to uplist quicker onto OTCQX, should we be against it…..if the developing fundamentals support the price?? I put this option up for discussion, keep an open mind and lets explore ideas rather than burn me at the stake straight away…..can do that later on…:)
Scenario B: With a 10:1 Reverse split
Current OS say 7.5 billion
Insiders 2.0 billion
3rd Party (future merger partner (s)?) 3.5 billion
General shareholders 2 billion
Then say RS 1:10
OS 750 million
Insiders 200 million
3rd Party (future merger partner (s)?) 350 million
General Shareholders 200 million
Insider Ownership % (including 3rd party) remains unchanged at c.75%.
Rather than looking at assets first, I've looked at potential earnings first here as I wanted to look at the share price/ market share price that could be supported by them, before factoring is assets and the possible conversion price for preferred shares
So with assets of $700 million, the potential Earnings on these are :
Earnings on $700 million, assuming they could pool and sell the BCLOC securities when the markets improve:
= $30 million (based on 4% fee) divided by 750 million shares OS = 4 cents share.
If take PE 5 (conservative) = 20c share (based on 750 million OS) = Market cap of $150 million (5 times earnings)
If take PE 10 = 40c share (based on 750 million OS) = Market Cap of $300 million (10 times earnings)
However:
We also have to factor in the future preferred share conversion. Now there are two ways that I could approach this. I could first factor in assets ($700 million) and see what effect that has on share price before working out the preferred share conversion to common shares (best case scenario) or I could base the conversion on the share price supported by potential earnings only on $750 million worth of loans/ assets (worst case scenario)…..I’ve taken the worst case scenario first:
Worst Case Scenario
If the $700 million is assets was paid for by the preferred shares, the conversion would be to $700 million worth of common shares.
- If HCPC price was at 20c share (PE 5) that would equate to 3.5 billion additional shares.
- If HCPC price was at 40c share (PE 10) that would equate to 1.75 billion shares
Total Number of OS shares could be between 4.25 billion and 2.5 billion shares after conversion of preferred shares (and taking into account the 10:1 Reverse Split):
For a market cap of $150 million based on OS of 2.5 billion = $0.06 share (before factoring in assets)
For a market cap of $150 million based on an OS of 4.25 billion = $0.035 share (before factoring in assets)
For a market cap of $300 million based on an OS of 2.5 billion = $0.12 share (before factoring in assets)
For a market cap of $300 million based on an OS of 4.25 billion = $0.07 share (before factoring in assets)
Now valuation of Assets, but excluding earnings for now (i.e.Total real estate funded by sale of preferred shares):
$700 million divided by 2.5 billion OS = c. $0.28 share = Market Cap of $700 million (Realistic/ fair market valuation?)
$700 million divided by 4.25 billion OS = c. $0.16 share = Market Cap of $700 million (Is this realistic/ fair market valuation?)
If add in the Market Cap which could be supported by Earnings as mentioned above:
i.e. Market Cap supported by Assets + Market Cap supported by Earnings:
$700 million + $150 million (based on PE 5) = $850 million Market Cap
$700 million + $300 million (based on PE 10) = $1 billion Market Cap
So if OS = 2.5 billion
$850 million Market Cap = $0.34 share
$1 billion Market Cap = $0.40 share
If OS = 4.25 billion
$850 million Market Cap = $0.20 share
$1 billion Market Cap = $0.235 share
This remember, is all based on an 10:1 RS and after Preferred Shares are converted.
In both cases, the share price gets very close to or above the 25c threshold for OTCQX Prime tier.
Ok that was the worst case scenario, with the conversion of preferred shares based on the share price that could be achievable/ supported by earnings on the overall assets/loans only.
Best Case Scenario
Current OS say 7.5 billion
Insiders 2.0 billion
3rd Party (future merger partner (s)?) 3.5 billion
General shareholders 2 billion
Then say RS 1:10
OS 750 million
Insiders 200 million
3rd Party (future merger partner (s)?) 350 million
General Shareholders 200 million
Insider Ownership % (including 3rd party) remains unchanged at c.75%.
So with assets of $700 million, the potential Earnings on these are :
Earnings on $700 million, assuming they could pool and sell the BCLOC securities when the markets improve:
= $30 million (based on 4% fee) divided by 750 million shares OS = 4 cents share.
If take PE 5 (conservative) = 20c share (based on 750 million OS) = Market cap of $150 million (5 times earnings)
If take PE 10 = 40c share (based on 750 million OS) = Market Cap of $300 million (10 times earnings)
Assets
Now valuation of Assets, but excluding earnings for now (i.e. total real estate funded by sale of preferred shares):
$700 million divided by 750 million OS = c. $0.93 share = Market Cap of $700 million (Realistic/ fair market valuation?)
If add in the Market Cap which could be supported by Earnings as mentioned above:
i.e. Market Cap supported by Assets + Market Cap supported by Earnings:
$700 million + $150 million (based on PE 5) = $850 million Market Cap
$700 million + $300 million (based on PE 10) = $1 billion Market Cap
So if OS = 750 million
$850 million Market Cap = $1.13 share
$1 billion Market Cap = $1.33 share
If the $700 million is assets was paid for by the preferred shares, the conversion would be to $700 million worth of common shares.
- If HCPC price was at $1.13 share (PE 5) that would equate to 620 million additional shares.
- If HCPC price was at $1.33 share (PE 10) that would equate to 563 million shares
Total Number of OS shares could be between 1.31 billion and 1.37 billion shares after conversion of preferred shares (and taking into account the 10:1 Reverse Split):
So if OS = 1.35 billion shares
$850 million Market Cap = $0.63 share
$1 billion Market Cap = $0.74 share
This remember, is all based on an 10:1 RS and after Preferred Shares are converted. Assets are factored in as well as potential earnings to assess a fair market valuation of share price, and it is that figure that is used for the preferred share conversion to common shares.
In both cases, the share price gets above the 25c threshold for OTCQX Prime tier.
Ok, that's it for now....hope I light a fuse and get a discussion going, only so much to talk about when it comes to the ticker movements:)
Do I have a preference? Well for me Option B has a lot of merits, gets the share structure back to a more reasonable level and probably allows uplisting to OTCQX in a reasonable timeframe.....if the reverse split is supported by strong fundamentals and pr from a group such as Gregory FCA, to support price, then we could come out ok.......the company has mentioned RS may be considered in helping to uplist but only if strong fundamentals, so we should not rule this out imo.
There may be other scenarios.....open to those as well:)
GLTA
Funny that your back in here and you beloved NWWV POS is still not doing anything. I love it.
Yep...the pumpers dont like hearing the truth over on the HCPC board. I love it though its back trading at .0001x.0002 and they closed a 672 million loan...yea I buy that BS.
Cashflo is a complete joke...for someone that is not worried about their investment he sure is pumping 24hrs a day on the board and finding ridiculos supposid DD and attempting to try and link it to HCPC.
I wonder why the company hasnt updated the share structure yet.
HCPC the dilution king looks like they may be at it again. Lots of .0002's to be had. Looks like cash, crooner and his pumping crews 24 hr pump for the last 3 months on that board hasnt worked out exactly how they expected.
I have been in this for awhile and HQ has really done crap on this one IMO. Its pretty ridiculos how little info they have been giving along with how long it has taken to do so. Morley needs to update the share structure and also give us where they stand with global.
I could care less about the .0004 or news for that matter. I would much rather have the share structure confirmed.
Shorting HCPC from these levels would just be stupid. Why would you even bother. These are just excuses for people that are posting truths and excuses as to why the price isnt higher.
I agree a lot of .0002's went through on friday also.
Obviously you havent otherwise you wouldnt have been posting this same BS over and over on this board for weeks. I think you just keep posting it every week hoping on of these times you happen to get lucky and be right.