Looking very good folks.....Cremel is the major player as thought by many here, and majority shareholder now by the looks of it of both HCPC and RELM......the 4.2 billion shares owned by Cremel of the '3rd Party' (HCPC...must be imo) was for March 30th, and also confirms the thinking of many longs here that as the OS of HCPC was increased, they were being accumulated by a significant 3rd party....rather than a merger or a buyout, they obviously had a plan by which they (Cremel) could accumulate to their hearts content....this is also why HCPC started posting abridged financials from the 2nd half of last year so Cremel could accumulate without full shareholder disclosure on the HCPC statements......cunning plan imo
Carol Johnson is on the board of Cremel, so she has regained a majority shareholding of her company, HCPC, through a pretty clever manouevre imo and as predicted by many longs here....so I don't take the credit for this idea at all:)
This accumulation has been done on the cheap by them....and I think you'll find that those of us longs who have been buying down here as well have been part of that same plan.......if Cremel has been acumulating heavily, I think we may be glad that we have been doing the same.........even when the end of the world crew were hard at work to dissuade us from that choice,......each to their own:)
That 4.2 billion may well have gone up significantly since 1Q. Add to that the insider ownership.....and a lot of the OS is already tied up. If they know the value of the company going forward, as I am sure they do....they will be holding very tight to those shares. You can then factor in the number of shares owned by all the other shareholders/ longs..........
Last thought, with that major shareholding by Cremel, you can bet your bottom dollar that they will not be playing with any RS ideas unless it is for reaching a higher exchange etc...and the share price can be supported....that to me is our insurance, they have a vested interest and that interest is aligned to ours.......imo
Ok, good luck to all the longs here....this is just beginning.....imo of course:)
GLTA
