Protective Capital Structures Corp. (fka PCSO)

[IamtheWalrus]

Some earlier posts:

Good stats on what is in this company. I am convinced this is a good play.

Estimated Market Cap
147,200 as of Sep 14, 2007
Outstanding Shares
184,000,000 as of Mar 31, 2007
Authorized Shares
250,000,000 as of Jun 30, 2006
Number of Share Holders of Record
500 as of Mar 31, 2007
Float
16,000,000 as of Mar 31, 2007

Yeah but he isn't even a director of this company, his wife is.
She wears the pants obviously.

http://www.heritagecapitalcreditcorp.com/id7.html


questionable individuals? Ed is a shareholder, not an officer of the comany. Shakerz is a shareholder, not an officer. Ed invested in this company at a much higher PPS than it is now so what is your beef with him other than a smidgen on his profile.

>C. Ed Johnson (Husband of Gwendolyn Carol Johnson) = Invested $1, 465, 114 in the period until December 31st 2005 for which he received 11 326 506 shares = Cost basis of $0.129 pps

http://www.stockhideout.com/penny-stocks-stock-picks/13698-hcpc-low-float-300m-closing.html

"
Issues from MERL case involving Ed: First, remember, this all occrred at the time of Enron, and MCI worldcom. The SEC was under pressure to enforce everything to the max. Ed fought this, on appeal also, but lost.

We are talking about insider trading issue amounting to less than 50 grand, or so, almost 10 years ago, by CEO's husband. I can not speak to how valid this was. HCPC has not pumped, manipulted this stock at all.

HCPC, a pink, files un-audited financials where CEO voluntarily signs off on main page, under Sarbenes-Oaxley penalties, even though most companies go pink to avoid Sarb-Ox. And she does this knowing the she will be under SEC microscope, due to Ed's past issues.

Two main court issues form what I see:

1. In 2000, Ed filed SEC registration statements for MERL, and the numers for 1997, and 1998 included Essex, a company bought in 1996, but then, in late 1996, seller began actions to rescind the deal with MERL.

2. Ed (MERL) acquired an asset from Hanold. Hanold overstated asset value, and MERL went to arbitration to collect. While still in arbitration over realistic asset value, MERL listed original purchase value on financial."

Go back to your hole basher and bash something else that fits your fancy. Just not here. You will be reckoned with as you already have.