Protective Capital Structures Corp. (fka PCSO)

[Renee]

Commentary : Within the fiscal year 2005 unaudited Financials were included fiscal year 2004 AUDITED Financials .

I contend that Heritage would have been formally advised by Webb and Company within 20 minutes of the Auditing Firm being hired that there could not be a gap between audited year 2004 to years 2006 and 2007 by missing the audited financials for year 2005 . Audited Financials are essentially about continuity in G.A.A.P.

For Heritage to publicly announce via news release(s) and through a publicized WallStreet.net interview with the CEO that the Company would conduct full year audits for years 2006 and 2007 with an auditing review for the first quarter of 2008 while knowing ABSOLUTELY that year 2005 would have to be audited first , and then announcing just yesterday that the expected audited Financials and 1st quarter review would be delayed to complete an audit for year 2005 , MONTHS after they knew that 2005 would need to be audited , is behavior that minimally is not being forthright to shareholders .

Shareholders were purposely led to believe that only 2006 and 2007 were being audited and that those audits plus the 1st quarter 2008 auditing review would be completed " on or before May 30th , 2008 " .

Certainly , should years 2005 through 2007 ultimately be audited
then Heritage would be a fully reporting company and would immediately qualify for the OTCQX and could subsequently apply
to be listed on the OTCBB .

However , for Heritage to not meet yesterdays self-imposed deadline for completion of the 2006 and 2007 audits plus 1st quarter auditing review by trying to placate shareholders with
undergoing an audit for 2005 when they knew that 2005 had to completed FIRST was an act of deliberate omission and is pure obfuscation to instil optimism in their shareholders AFTER holding those shareholders captive to their promises for months .....in my considered opinion .

Also , for Heritage to raise their Authorized Shares to 16 Billion without disclosure to their intents for those shares , and mitigated by my argument and opinionated contention that Heritage was deliberately deceptive with regards to the delay of the audited Financials , it would be arguably plausible that the extra 6 billion shares will likely and ultimately be Outstanding Shares and quite likely public FLOAT shares .

I have no issue with the " faith " posts on this board .

I contend that faith is founded on earned trust .

Readers can determine whether the contrived omission of the 2005 Financials needing to be audited in prior news releases and other methods of public dissemination and the rise in the A/S warrants faith and trust in Heritage Capital Credit Corp .

Renee