Replies to post #34577 on Protective Capital Structures Corp. (fka PCSO)

[hcpc man]

Thanks. I forgot about the a/s being 10 billion. So long as company doesn't do a r/s then increase a/s we are in great shape. According to her letter there are no plans for that. Assuming, we're working on a 1% spread this billion dolars brings income of 10 million per year (not including any loan origination fees.