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Re: None

Thursday, 02/28/2008 2:27:30 PM

Thursday, February 28, 2008 2:27:30 PM

Post# of 87366
If the $400M deal close, company will have ~$7M for stock buyback.

From Stervc's post:
From the PR released on 9 Oct 07:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=hcpc
(Click where it says “News”)
** HCPC expects to receive a 5% origination fee for each loan funded (as Income).
** HCPC plans to use 35% of its Income to buy back stock to retire back to the Treasury.

400M x 0.05 x 0.35 ==> 7M ==> PPS 0.xx??

All in my opinion only.

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