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The stock holders own PCSO, ot the Johnsons.
However they do own a majority of the company.
BTW: Our former CEO just happent to be our CURRENT CEO.
She did not resign her position as CEO
Howard - Should I place the order for my Lanborgini now, or wait a week or two?
Too Da moon right Howard!!!
GRS here we come !!
Why am I not suprised you are impressed?
When you are ready to buy just let me know, I will gladly sell you my shares
She was in fact President and CEO.
Check out the documents on sunbiz.org, or this doc. http://sunbiz.org/pdf/00006681.pdf
The funny thing is I do not see anything on the sunbiz site that shows Carol has resigned as President (but still CEO). PR's mean nothing, this type of change must be filed in the state the corporation is registered in.
So as far as the State of Florida, and the US Government are concerned G. Carol Johnson is STILL President and CEO.
Maybe the paperwork is still being processed, but I doubt it.
Johnsons dont "OWN" the company, they own a large chunk that they have given themselves, however WE, the investors of this POS also own a part of it.
In order to sell the company the board, (it is my opinion that all the board members are Johnsons) would need to authorize the sale then we would all get $ for the sale.
Each share would be purchased by the buyer from us.
Sorry there was income in the form of loan fees, thats how they made themselves rich, by stealing money
Carol was the president and CEO, she is now just the CEO
There was always a board, and I suspect all with the last name of Johnson
I did not ask a question, I stated FACTS.
What did they write these 700 + Million loans with no payment due for 3 years or something?
If the loans were in fact funded then the company would have INCOME and the audited fins would have been out a long time ago.
They have done nothing but make themselves rich, but of course not they LOST IT and are going to be locked up.
I found nothing on G. Carol Johnson stepping down
What I did find was this
"Protective Capital Structures Corp. (Pinksheets:PCSO - News) announced it has named Randall G. Burton Chairman and President effective immediately."
I did not see anywhere in that PR that Burton was also named the CEO.
I dont care what Carol sent you in an E-mail.
#1 There is NOT a NEW CEO
Please show me any document that states there is a NEW CEO!
#2 So what makes you think after 2 years of only making money via the FRAUD they are going to start collection incom on the "Loans" that were supposedly filled?
Ya they have a billion dollars in assets, but then again so do I, and I will gladly sell my billion in assets for 10K.
Howard,
I know you are going to disagree with me on this, but WHO is "OUR" CEO???
I know you are going to say NO its Randall G. Burton, but he IS NOT the CEO, he is the Chairman of the board and President.
The fact is the current CEO is G. Carol Johnson - Convicted Fellon!!!!
So tell me Howard, Do you trust "Our" CEO?
LOL - saying you are not going to post on this board because people are not open minded sounds like you are not open minded yourself.
Ya its a lot harder to get a mortgage now, but what about last year? They were giving people who earned 50K a year 600,000 mortgages, what was HCPC doing then ?
Getting a Divi from Carol is like getting a fruit cake for Christmas...
Thanks but no thanks !
The letter should have been written like this,
The AIG, Lehman Brothers, WAMU and other companies’ shareholders got "wiped out", so bend over cus BIG MAMMA Carol is going to "whipe you out" next!!!
Well looks like E-trade finished adjusting the name change and R/S.
I went from a 5700.00 value (although couldnt sell it for that price) to a $316.00.
so over a 5,384 loss in value ( of course not real value, just CAROL MATH) because Carol and Ed had to keep increasing the A/S count and had to go get indicted.
Well the good thing is they took off the PRICE PAID 10K+ off of the account listing, so I dont have to worry about the wife seeing that one!
I knew the $ was GONE a long time ago, just didnt like being reminded every time I loged onto E-Trade.
I guess that is the best thing about this hole scam, It is all in the past now, I can look forward to a New Year and not have to be reminded about it daily.
Ill keep my 575 shares and see what happens, its not like I can sell them anyway. and save the tax write off for next year!
I wonder if its going to take them another 15+ years to figure out their new business plan.
Wait, maybe thats it, keep promising things, then change the business model, and promise even more !
Just wondering if the government can place a lein on a ham sandwich? :)
I would have to assume that this is not a mistake.
The IRS has been VERY soft when it came to placing a lein in the last 10+ years. The lein has already been placed, therefor they have had plenty of time to resolve any "mistakes"!
I used to work at a IRS facility and their impound lot was FULL of cars, and they were always auctioning them off almost every 2 weeks. Then all of a sudden all the cars were gone and there was rarely a car in the impound lot. I asked a special agent about the change and he told me there was a change in policy and the new policy was very forgiving to the non-taxpayer (even the tax fraud people. He said the agency is changing their image to be a "kinder and gentler" IRS.
Since 2001-2006 are the years owed,and its almost 2009, if this is all a big mistake, the Johnsons would have taken care of this issue a couple years ago, If it truely is a simple mistake on the governments side, why didnt they just clear it up years ago?
Well so much for Carol's impeckable resume
Seems like they are getting out of the real estate business, cus its hard to buy real estate with no money or equity.
I think there new "non-real estate" business is going to be scamming customers and investors, of course with the hopes of forming a community bank in the future!
Its funny how most here were complementing Carol on her "impeckable" personal resume, now that she is has been indicted you are telling us to stay out of her personal business.
I wish this company had a dime to turn on!
I have a feeling that during the webinar they are just going to blame the current economy. Thats what everyone seems to be doing.
The fact is they have been in business for some time now, and they should have produced some results when the times were good.
LOL!
More like CREMEL and RELM,
First off a plea bargan and a settlement are 2 totally different things.
As for the time it took, you have to understand that finincial crimes are on the lower end of the priority list.
The DOJ/FBI/USAO are all very busy and it dose take time to gather all the evidence.
What "leaked" video are you refering to?
Are you refering to the video of them walking into the courtroom? How would that be considered "leaked"? If another video please provide a link.
How would you get the impression that someone has a personal grudge against the Johnsons?
Everyone here knew of the allegations a long time ago, however still invested. Dont blame the government for allowing you to invest in this company when there was a investigation going on.
This is a criminal matter, not a civil matter, you cant just settle.
At this point in time Carol can not just say, oops, sorry, here is your money back (becides, she stated they were already going to do this)
What makes you think they are going to stop breaking laws, Ed has been convicted twice already.
Why not just send me the money?
I will be happy to take it from you, the thing is, I will not tell you I have 720 million in assetts, I will not tell you I plan on making 12 million this year.
I will be straight up with you, you will never see your money again.
HCPC has not stated that, and they have done nothing!
Im sure the conference call will be scheduled just after we uplist and the audited fins are released, I think the audited fins are due out some time in April 2008, Oh wait its already OCTOBER!
I would think the indictment is important to this company and any relevent information should be put in the IBox.
IF they are found innocent you can GLOAT all you want about how they were found innocnet right in the IBOX heels!
Like I said before, its not as if 90% of the people are having their conviction reversed.
Its VERY rare.
Why post bail if they are innocent?
I dont understand?
Very few convictions have been overturned due to new or DNA evidence, you make it sould like 90% of the criminals are being let go because of this.
I guarentee you if I am ever summonsed for Jury Duty I will make sure they understand that it is my beliefe that if someone is carged with a crime they are most likely guilty.
Why would a innocne person be a filght risk?
If it is truely innocent until proven guilty, why are there so many people waiting for a court date behind bars?
LOL - merge with a bank! LOL
Why, what dose HCPC have that any bank would want?
A couple computers and a lease?
Why wouldnt they just order new PC's from Dell?
I thought that the "beauty" of HCPC and the BCLOC was the current bad times would help them excell
Howard posted a ham sandwich was indicted, he stated as fact, I want the proof!
The reason cases get not guity verdicts is its very hard to convince 12 people that someone is guilty "beyone a reasonable doubt" has nothing to do with the grand jury
What is the crap about a ham sandwich being indicted.
If its true, give us a link.
I thinks its BS just like our "Innocent" CEO
Only in the eyes of the LAW and the JURY/Judge
Then maybe people will start buying this stock again!
If I got out to lunch with a company truck and get drunk, rob a bank with the truck, or intentionally break a law with the truck or auto then YES, I should be fired.
Carol was acting as the CEO and employee of HCPC when the fraud was commited, so therefore this is NOT personal, THIS IS BUSINESS!
She pet herself in the public by offering shares to the public.
If a pro football gets arrested for DUI or ships codine to Texas not only are they prosecuted, but either suspended from their job, for fired, as they are representing the TEAM (BUSINESS)24 hours a day 7 days a week.
If Carol did not want us getting into her personal business, she should have never taken the job as a CEO of a PUBLIC COMPANY.
You mean the DOJ does not allow its agents in the FBI and USAO to just randomly indict people in this country? :)
Heels males it sound like endictments are just like a jury summons, but jury summons are even harder to got out of. LOL
Its funny how the supporters here keep avoiding the issues and making excuses.
Before it was a bad economy is good for HCPC because of the BCLOC product.
Not its the company cant do much because of the economy.
What happend to the BET investor guy?