Hongchang International Company Ltd (HCIL)

[Retirement]

RE paying in stock earlier in the year ,,,,,Growth was so heavy and in this business uses a lot of cash ....Now heavy growth slowing and more managed ....cash just builds up as all the monthly payers bring it in ....Basically the CEO changed his direction on the business ,,, to not grow the customer base at whatever costs but to grow for profits at a managed pace ...I doubt they will need to pay in stock any more ..