Stock Packer - Neither RELM nor HCPC could possibly DILUTE enough to pay the maximum DEBT of $1,000,000,000 - They would never be able to raise the A/S high enough and sell enough common stock to erase that kind of debt. The fact that the preferred shares have been registered as effective 3-26-2008 and the fact that RELM has stated financing came from common company equals HCPC preferred is the means for financing. I don't know squat about DLAV but I do think RELM will soon own the GSR and that is an INCOME producing property. If DLAV does not have the means to generate enough revenue to pay off the debt, then yes they are doomed and can not sustain a higher PPS. The ones with the real MONEY at risk are those that purchase the Convertibles (Debt), b/c they will have way more invested than any Common Stockholder could ever think about. If someone is willing to buy Preferred, than they must have some confidence and knowledge about HCPC that we the public are not privy to. As usual everything stated is IMHO !!!!!!!!
MILO "gonna take ur" MONEY - LOL
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