Replies to post #44422 on Protective Capital Structures Corp. (fka PCSO)

[balamidas]

HCPC to 0.08/0.12 Based on previous PR. Stating that HCPC gets 5% for each loan funded
$ 683.1 mill Loans (till now )x .05 = $34.155 million.(revenues)
Now HCPC says it will spend 35% of its Fee, to buy shares.
That would be $11.95 million
That would eat the float very quicly!!!The company could buy the entire float
at .0035 PPS!!!! Making the PPS soar easily to .08 or higher levels easily

now we know that an amount of 192500$ are already available for sharesbuyback since they have funded the 11 .1 million loan

between the 0.0001/0.0002/0.0003 i expect an amount of shares to be retired between 700 million to 1.3 billion max at these levels from the public float

and imo the reason the co did not PRed yet the 672 closing is to keep the price at these levels in order to complete its first shares buyback

soon a PR will come and will send this to much higher levels
regards

[balamidas]

another theory will be :they are buying the whole float at these levels with cash advanced to them from their conduit lender in order to move fast in business plan and merge with the lender .
for more info about my thoughts about the lender read this:

the ULTIMATE HCPC vision :

ENTITY 1:HCPC
------------------------------------------------------------

Heritage Capital Credit Corporation is a subsidiary of First Independent Financial Group, a Delaware private holding
company. Heritage has several sister organizations that work together to assist potential buyers in obtaining their financial goals.

These companies are:

-RELM REAL ESTATE HOLDINGS
works in tandem with other organizations to form partnerships
for large multi-family housing projects

- INDEPENDENT CAPITAL CREDIT CORPORATION
originates the business loans for the organization

- FIRST EQUITY GROWTH TRUST
the funding conduit raises money to fund the BCLOC loans

- INDEPENDENT CAPITAL INVESTMENT CORPORATION
provides servicing for each BCLOC

-FIRST LIFE FINANCIAL CORPORATION
provides the credit enhancement component for each BCLOC

-ACCESS CHANNEL© software
company evaluates the BCLOC loan


ENTITY 2: THE CONDUIT LENDER
---------------------------------------------------------------
Hotel Financial Strategies has a deal with GRAND SIERRA RENO

link:http://www.hotelfinancial.com/recent/recent.html

(notice the presence of GSR on that page under RECENT TRANSACTIONS)


" RELM's has signed a purchase contract to acquire a 68,000 square
foot office building, and signed a letter of intent to acquire
a 27-story 1995 room hotel which is conditioned upon financing.
Both projects have received letters of interest for financing
totaling [$585,000,000] from a commonly controlled company,
and an independent third part lender providing up to [$175,500,000]
in short term financing. RELM has received a Letter of Interest
from a commonly controlled company for approximately $1 billion
in long term financing over the next 12 months to fund acquisitions"


the condition for that acquisition is the FINANCING!!!

HFS has a STRATEGIC ALLIANCE WITH A DELAWARE CO:

LINK:http://www.hotelfinancial.com/company/alliances.html

Horwath Hospitality & Leisure Limited is a Delaware Corp key position in that deal:

http://www.horwathhospitality.com/

"The Horwath team handles the full spectrum of hospitality real estate (for Hotel Financial Strategies ) , from limited service to high profile properties, including urban, suburban and resort hotels. They also handle distinct products such as conference centers, extended-stay hotels, condominium hotels, vacation ownership/fractional properties and golf courses

so GRAND SIERRA RENO goes into the category handeled by
Horwath Hospitality


Horwath Hospitality is the conduit lender for the

GRAND SIERRA RESORT!!!

ENTITY 3 (will born soon ):THE MERGER
---------------------------------------------------------------

Horwath Hospitality & Leisure Limited is a Delaware Corp is the target company imo to merge in HCPC in a near future

why? from HCPC PR:" Heritage will develop an action plan to merge with its conduit lender that will provide the capital infrastructure for launching new business and funding remaining BCLOCs in the pipeline"(in IBOX)

so our conduit lender is Horwath Hospitality according to those DD and according to HCPC they plan to merger with them.


CONCLUSION:
---------------------------------------------------------------
what we will become:

the born company will be:

- Brokerage firm
- Financing & Equity Origination for real estate projects
- Consulting: Asset Management, Appraisal & Real Estate Consulting

regards

PS:all these are my personnal view of the HCPC scenario please make your own DD before buying in.