Replies to post #2128 on Hongchang International Company Ltd (HCIL)

[angelinvestors]

PWEB Pacific Webworks already down from the peak after the 10Q announcement. The hype, people then read and investigate.. My quess is a penny or lower soon.

One site?? LOL.. Read my posts containing all the hundreds maybe more of sites made by PWEB half of them dont resolve anymore, many many complaints...

As to keep diversion from PWEB stock DD heres a link to my forst post today:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116236764

Over a Years worth of Pacific Webworks DD on 1 page here:

investorshub.advfn.com/boards/profile.aspx?user=450907

Connect the dots.. Follow the company.. Read the complaints.. check the IP addresses, domains, phone numbers, physical addresses, Internet Archive, Whois, Business filing statements nationally and Internationally.. paints the picture.


Everything I say is my own opinion

AngelInvestors

[angelinvestors]

Pacific Webworks PWEB 10Q & Website Design at http://www.sandjheating.com/About%20Us.html in my opinion looks like technology from the 1990's, most people would agree, correct me if Im wrong.

Compare that with $1 a month 2015 designs from Godaddy here https://www.godaddy.com/websites/website-builder

and red flags start to shoot up everywhere.

How does PWEB get $70 a month for that?

$1 a month would not work for the PWEB business model, right?

I have a call into the plumbing company for their updated thoughts on the site and comparison.

Similar to comparing Paypal and Intellipay ( a near 2 million goodwill???) How can they be having a merchant account problem of not being about to charge cards if they own a merchant banking card processing company with nearly 2 million goodwill????

Per PWEB "General and administrative expenses increased for the 2015 second quarter and six month period compared to the 2014 interim periods due to an increase in chargeback expenses."

and

"...we have a backlog of billing that cannot be processed until sufficient merchant processing is obtained. The Company currently has $1,330,767 in overdue billing that is on hold until we secure additional merchant processing. We expect to obtain merchant processing that will enable us to bring the Company’s billing current in the next 30 to 90 days." (how can this be if they own a merchant processing company with a goodwill value of nearly 2 million that offers merchant card services to other business??)

Chargebacks come from unhappy people.. When a company gets alot of them they merchant card processing companies start to freeze the account so no more charges can be made by the business.. HAS this happened to PWEB??

My opinion is the PWEB current revenue coming from MediaBuilderTools.com and Work At Home websites. Which they do not account for in their SEC filings by the way.

as discussed here

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114402643

and here

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113710540



Everything I say is my own opinion.

AngelInvestors