Totally agree again......they have kept the cards very close to their chests, but given out clues along the way......
$682 million in Promissory notes equates exactly to figure of the deals shown on the ICCC website (see link from HCPC website). That, we understand, is for GSR and 1300 Market Street properties.
Regardless of whether HCPC intends to merge with these big money institutions or not, one thing is clear. HCPC has something that big money players are interested in.....so firstly, why would they stop at just $682 million (there must be other properties/ deals to pursue) and secondly, there must be other institutional investors who may/ could follow suit imo.
One thing is clear, with that kind of money backing, it is a major third party affirmation for the Company, should they be looking for deals/ finance from other major financial players...imo.
So the valuations we agree on, may just be the start.......imo.
GLTA
