Replies to post #71685 on Protective Capital Structures Corp. (fka PCSO)

[Howardhaftel]

Just wait you ain't seen nothing yet. the $717 million is just a start and if you don't understand the first qtr accounting it will get worse because that number will grow and grow in ever qtr coming. Try concentrating on the stock going up when we uplist and the audited financials are released.

[thndr65]

So Heels, we should not care about revnue at all, just the assets?

The goal of any business is to make money, no matter what sector they are in. If they do not produce any revnue with the 717 million in assets then what good is the asset?

[Frogg]

Heels1, au contraire. Regardless what sector of business a company is in, it's all about profits, not assets. Besides most of the assets HCPC is showing is NOT from their business but selling preferred shares. You know what I think about most of those assets.

HCPC still hasn't showed any profits and the PPS won't go up much until they do. The PPS may move a little on some pumping but it will take real profits to move it much. And one profitable quarter only won't do it.

Regardless what you think about those assets, it's not logical to believe somebody bought $682 million of their preferred shares at $1 a share when the PPS of the common stock is sitting at .0001, the float is 7.5 billion shares and the company still has no proven profits. It simply doesn't fit with the way the real world works. If somebody has $682 million to invest, there are an almost infinite number of better companies to sink that kind of money into than HCPC.