Replies to post #256357 on Momentum Players

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HCPC..huge

HCPC CEO Interview:

Brief notes:

Starts with background to HCPC

Discusses their loans: 4 Types. The BCLOC Commercial loan we all know about from pr and then 3 new ones they will introduce next year:

1. A more conventional Commercial Loan
2. Tuition Loan for parents of children in private svhools
3. Residential Mortgage Loan: with credit enhancement feature similar to BCLOC

Software for BCLOC loans allows real-time access to underlying loans in pool to allow investors comfort in knowing how their investment is performing. This distinguishes it from existing commercial mortgages/ funding.

Primary Goal: Close $740 million in loans which would produce 8 cents a share pre-tax earnings. Once revs begin they envisage continued growth and eventually dividends to investors.

How long until funding for these loans is secured?

They have secured a new funding source and the funding of these loans now appears to be imminent.

Longer term Goal?

Merge with funding conduit to allow greater access to capital and to facilitate the goal of becoming a bank.

Goals for 2008?

Once the primary goal above is fulfilled they plan to:

Become fully reporting
Move to a higher exchange


GLTA