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Re: Iron Lotus post# 13767

Thursday, 01/03/2008 11:31:05 AM

Thursday, January 03, 2008 11:31:05 AM

Post# of 87366
EDITED : Iron Lotus : Raising the Authorized Shares does not automatically mean raising the Outstanding Shares .

Authorized Shares can often be used for asset acquisitions or can be used to entice bigger , better funded private companies
to reverse merge / or equity stake merge / or full partner merge with the public company .

Heritage has been a reporting , SEC compliant OTC company of their quarterly financials which would be a partial pre-requisite for a bonafide private company to consider surrendering their corporate assets into the public company for a fair value amount of shares .

Heritage has clearly stated that they intend to merge with a conduit lender , so granting a fair value amount of HCPC shares must occur for the asset value of the conduit lender .

I view the increase in the Authorized Shares as portending to such a merger occuring imminently , and it should be a logical preumption that the merging conduit entity would not want to
harm their new equity stake by converting their shares into dilutive float shares until well after the share price is much higher .

The above sentiments are absolutely predicated on Heritage Capital being ethical and fiduciarily responsible to their public shareholders .

To bite the worm of incite is to bite the HOOK of the antagonist . They win .

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