Hongchang International Company Ltd (HCIL)

[ambulance_blues]

Re: And I do wonder how much of the revenue is recurring credit card charges that were never authorized.

In addition to that, I wonder how many of the new "recurring" clients are going to cancel after a couple months, when these sad unemployed people realize that they can't make a living at home with these products - let alone become millionaires. (Anyone remember those Don Lupree commercials on TV? Before he got convicted?)

It seems to me that recurring client status would depend on the success of the home business. And how many of these new businesses really succeed? I'm guessing not that many. Just calling a new client a "recurring" client dosn't make it so. Esepecially in this business. The history of this company seems to back this argument, considering that in 2007, 90% of their revenue was from so-called "recurring" clients. But we'll see. Maybe this time will be different.