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If you're right, I'll buy you a beer at our HCPC hotel party in Reno!
First installment expected to be funded on or by May 30th, audit supposed to be completed by the end of May.
I'm gonna go out on a limb and say PR on Monday, June 2nd!
I agree, it is annoying being stuck down here with this PPS. But better at 2x3 than at 1x2, or at no bid. Remember, this moved up from 1x2 to where it is now with no news or PR.
I'm not surprised we haven't moved. There is no reason to yet, the company has not released the audit, fins, or loan status. Once that happens, or once the pps breaks the 200-day moving average, then it will put this stock "on the map" so to speak, and money will pour in.
Right now, it's only on one of the top 20 IHUB boards. Not really much exposure.
Every month they have PR'ed at least once, dating back to December of 2006. Here are just the latest months:
4 in Oct 07
2 in Nov 07
1 in Dec 07
2 in Jan 08
3 in Feb 08
1 in Mar 08
1 in Apr 08
6 more trading days left in May!
No news till July? Why do you think that? They've put out a PR at LEAST once a month since December
newtrader2007!
If trading pennies since 2001, then perhaps not so much of a "new trader" anymore! haha.
JMO!
Very good info. Thank you!!
Some very strange MManipulation going on here.
One has to wonder exactly why the MMs would intentionally lose profits by giving shares to a buyer, for instance, at .00029 instead of just .0003, and thus making it appear as a sell on streamers.
I can only guess it's because they know something we don't about an impending run, and are trying to keep the price deflated as much as possible until then so they can ultimately maximize profit.
Can someone else maybe comment on this?
They have moved the pps...if you go to the charts and look back to the dates when the websites were updated with that information, you will see.
Investors will feel more secure when positive PRs come out, because those are much more widely advertised, those cost money to put out, and they will probably give more details than are provided on the website.
Additionally, PRs revealing the details of an audit or revealing Q1 results could show that the company is making money, which would exemplify just how Heritage's business is indeed a working solution to the current credit crisis.
Investors might not necessarily be so quick to invest just based on the website because 1) The don't know if funding for the big loan has started 2) What the audit looks like 3)What the fins will look like and 4) what the share structure is.
All IMO.
You're right.
I'm just guessing that with the audit supposedly being completed by the End of May, and the first phase of the big loan expected to be funded by May 30th, the company would probably issue a PR. If not, I would start to worry. If nothing happens after the first week of June, I would consider selling my shares and moving somewhere else.
But for now, let's keep the faith!
It's absolutely amazing how quickly the seeds of doubt can be sown, and how attitudes can turn on a dime.
I'm with you GotX...as far as we know, the company is still on track with it's End of May timeline, and unless the end of May comes and we hear nothing, I will not be worried.
could someone please provide a link that shows the agreement whereby HCPC is paying FirstAccess Partners over $39,000 per month? TIA!
Just wondering, but how can we know for sure if they lied to investors again when the end of May hasn't arrived yet?
Also, I believe (although I could be wrong) that the 2.7 billion shares were issued because HCPC encountered difficulties with the ailing credit market at the time, and the closing of its first two initial loans required additional funds, which were probably raised through the issuance of that stock.
We'll see what happens!
Soon enough, probably by the end of May, we will see who is right and who is wrong :) IMO this play is definitely worth having lotto money in...if you truly believe that loans have NOT been closed, then the PRs thus far would be pure, indefensible fraud. If you really do believe that, it would be wise to just take your money and leave.
Personally I'm willing to wait until the end of May.
I'm curious to see if there was any method to the madness regarding that large EOD buy on Friday @ .0003. Seems strange to buy such a large quantity right before the weekend...maybe whoever did it knows something that we don't. Just have to wait and see.
2 weeks left!
Not sure if this is relevant, but it is from the GSR's Wikipedia page:
The hotel tower is currently undergoing conversion of the top 11 floors into 824 hotel-condominium units[8]. In addition, construction of an approximately 150,000-square-foot (14,000 m²) indoor waterpark is planned to commence in June of 2009[9]. The plan is estimated to cost 1.8 billion dollars and is expected to take five to seven years to complete. The property is planning eight new condo-towers, a Bellagio style water feature at a newly landscaped lake an outdoor amphitheater and a new mall. Former Chairman of the MGM Grand Las Vegas, now head of the Navegante Group is planned to lease and operate the casino.
that was for LTDI
400 boardmarks as of 15MAY!!!
I also bought 3MM @ .0003 that showed up on streamer as a 2. Something big is around the corner here...just remember, it does no good imposing YOUR own artificial timelines on the company. They said "before the end of May 2008."
So expect something before the end of May.
End of May is fast approaching!!! With so many common shares in the hands of those who work for the company, they obviously have a huge stake in the outcome. Combined with the positive statements from the company and loan closings, I'm expecting something very good :)
Aw that's cute, the bashers coming out of the woodwork when they start to see this stock attracting lots of positive attention.
As if they could somehow delay the inevitable ;)
haha...i just graduated from UCONN yesterday. Hopefully HCPC will give me a nice graduation present soon :)
I'm sitting here in East Hartford, CT and just saw a 20-second commercial for the GSR (apparently with rooms starting at $49 a night!) Looks like a very appealing place to stay at. I have 2k settling in my account tomorrow, I plan on loading more 3s :)
Approaching 400 boardmarks...folks are starting to take notice!
Our day is approaching soon...once we move above the 200-day MA and the indicators all over the net go off, watch out world...here comes the next set of millionaires
wish that I had $50,000 in disposable income so I could just throw that into a PinkSheets stock haha...after HCPC runs, maybe I will ;)
Anyone getting 2s filled?
Yep it'll be a 5 mil block @ .0002 I'll letcha know how long it takes once I place it
getting ready to load up on another 5 mil before they PR this in May...the potential here relative to the risk involved makes for an excellent gamble
You are absolutely right...with all the DD on this company, betting against it does not seem like a good idea...it has a high chance of success IMO.
I'm just confused about what the bashers' endgame is. If fins come out and the pps jumps, then they are proven wrong, and we make tons of money. But if the company just decides to R/S instead...then the bashers have a few days of rejoicing and telling us how right they were all along...and thats it? That's what comes out of their months and months of negative posts? That's the big finish?
There has got to be some financial motivation for them.
Adding more on monday.
The simple fact here is that the low pps is conducive to bashing, so the bashers will show up and point to the low pps and claim dilution, fraud, lies, r/s, or any number of negative things.
We have seen time and time again that they will all disappear as soon as news comes out and the pps rises. Remember how many bashers claimed HCPC would never close a loan? Then it finally happened, and they all disappeared for a few weeks. Likewise with the announcement of the GSR deal.
History, I believe, will repeat itself when the financials come out in May.
Very good post. These are the same individuals who berated this stock when it was at no bid, and then disappeared when it went up to .0004 They came back when it went down again, and then disappeared the second time we went up to .0004 After the Q1 results are published and the pps rises after showing a profit, I bet they will disappear again.
IMO.
Bottom line...if you don't want to wait until they PR the $600,000,000+ loan closing or the 1st quarter financials (in early April) then please, sell us your shares at .0002
The DD on this board has been phenomenal...keep up the good work guys, you know who you are. Our day awaits.
Very fitting that we close GREEN on this great St. Patty's Day
lol...bashers will need to bring out their heavy artillery to counter this latest round of comprehensive DD
Very true. Just think...if you own 5 million shares @ .0001 and (10 years later) the pps, absent any R/S, is $1.00, your original $500 investment would have transformed into $5,000,000.
That's equivalent to a $500,000 salary per year. The capital gains would also be taxed lighter because it would be a long-term investment.
Even if you own 5 million shares @ .0001 and the pps only hits a penny, your original $500 would become $50,000.
Not a bad investment. At least, that's what our CEO is betting on
Agreed. The amount and the depth of DD that has been done on this board is very impressive, and it points to a VERY productive 2008, both in terms of the company's progress as well as an eventual increase in PPS. The constant updates on the website, the company's current voluntary audit (which will show how financially sound it is, especially to bigger lenders), the two initial loan closings, and the BOD team they have are all very impressive.
Some will point to the low pps to try to bash it - but it has been less than 3 weeks since the first loan closed! Once the company releases its 1st quarter financials, initiates the buyback, closes the other loans in the pipe, and begins utilizing the revenue it currently has, the pps will rise significantly IMO. They have a great product for a market that seems to desperately need it.
Does anyone know why posters on HSM still insist that HCPC might not have closed any loans?
Wouldn't this be outright fraud? I don't understand how someone could actually believe this, unless it's just one big orchastrated bashing effort so they can buy at .0001