Replies to post #41718 on Protective Capital Structures Corp. (fka PCSO)

[Brad S]

that is an odd one to get around?

Not really:

HERITAGE SIGNS LETTER OF INTENT TO MERGE
WITH LONDON BASED INSURANCE COMPANY
Wilmington, DE (December 21, 2006) - Heritage Capital Credit Corporation (OTC: HCPC)
together with a related financial guaranty company First Life Financial Corporation (FLFC)
announce that they have signed a non-binding Letter of Intent to merge with a London Based
insurance company to form an insurance holding company based in the United States.
The new company is expected to have three divisions - a lending unit Independent Capital Credit
Corporation (ICCC); an insurance group located in the United States FLFC; and a London based
insurance unit.

[braden112]

If they were going to merge with a British insurance company, then why not raise British finance. My god the USA is mostly owned by foreign investors.Maybe they wanted an international label. Also we still don't know who funding these deals, it could still turn out to be international