Protective Capital Structures Corp. (fka PCSO)

[neilhk]

Agree jasontrader. Based on current OS and assets of c.$700 million, valuation is c.$0.07. Even, if they use up all their current AS shares, we are looking at c.$ 0.04. That is just based on assets, and not factoring earnings from use of assets.

My other thoughts are these. According to the financials, 2 shareholders have purchased promissory notes to the value of $682 million. That is major capital injection for HCPC. Who's to say that there is not a lot more cash where that came from? I think that kind of cash can only come from institutional investors and not from individuals.....which again raises the big questions of who is behind HCPC and bank-rolling them.....?

GLTA