Protective Capital Structures Corp. (fka PCSO)

[rtaylor111]

Used judiciously, I see dilution as an important financing tool for a company. Consider the example of a construction company. They get a line of credit and dip into it as they need it to finish the project. What's the value of a home half built?

Likewise, HCPC has a line of credit called Authorized shares. Over the past few years they have had to dip into this line of credit to keep the lights on as they worked through the creation of some incredibly unique financial instruments. Now that the project is nearing completion they are seeing revenues, allowing them to pay down the construction loan (buy back shares) and potentially adding pps value for retail traders--us.

I believe Carol explained this in her Letter to shareholders.