Replies to post #71903 on Protective Capital Structures Corp. (fka PCSO)

[crooner]

Frogg, and I keep telling you that I choose to believe and trust in Carol Johnson as CEO of this company because she has an impeccable background and third party DD has verified she is all that and a bag of chips. So, if you choose to judge her based on other pink companies CEO's..and not examine her record that is your right. You are constantly bringing up the high share structure as a "toxic" situation when there have been instances of companies where it's had no adverse affect on the PPS when the right moves are announced. I feel Carol is explaining to us as investors that she appreciates our patience and will not do an R/S under these current circumstances because as she put it, "it would be harmful to the company and the shareholders." Remember Carol and her family have a considerable amount of common shares. I agree all is not sugar and spice down here with in the pinks and many a CEO will jump on "toxic" financing deals that kill the stock and the shareholders. There are CEO's that don't care about the shareholders, so yes they do exist. Carol Johnson is not one of them IMO. So I've seen no examples of out and out lies or misleading use of numbers. Instances of certain deals falling through or any thing else covered under forward looking statements do not qualify as a lie. This is a dynamic market and she is navigating the ship rather nicely as many of even the bigger financial sector companies are taking in water. She hasn't reached shore yet, but I'd say she's just about got it in sight. All JMHO c






Disclaimer: My Opinions are just that, opinions. I'm not responsible for anyones trading decisions. I never make any recommendations, nor do I ever try to influence any individual(s) to buy or sell

[SeattleITguy]

Frogg,

You're right in that penny companies don't have the regulation that companies on larger exchanges have. I also agree with you that blindly believing a company is foolish. In my opinion, it is important to use critical thinking when approaching anything in life - including investments.

Why would HCPC release these unaudited numbers if they didn't feel that the audited numbers will be close? If the audited numbers turn out to be way off, the company will have then lost any credibility they had. I don't believe that they would waste their time lying to the public to get investors so the company can stay alive. They absolutely have to release the audited financials in the near future or they will lose investors. HCPC must know that, and must know that lying to the investors would do them very little good at this point.

One or two things will happen in the near future:

1. Audited numbers will be nowhere close to what they have posted and investors will pull out. Thereby leaving the company with almost nowhere to go but in the red. Personally, I don't think this will happen because they idea for a company is to STAY in business. If they knew their numbers were going to be horrible, why bother releasin unaudited financials??? So they could keep the business alive a couple more months before the investors find out they're a sham? I doubt it, but am always interested in hearing conspiracy theories.

2. They release audited numbers that are close to the unaudited numbers they released. At that point, they will at least prove (with little or no doubt) that they are trustworthy, and perhaps the PPS will spike for a little while

Sure, as you state - what penny companies say may not necessarily be fact, but based on what I've listed above, it makes no logical sense for them to lie about the things you think they are lying about. Again, if my theories are wrong, I'll be the first to admit it. Based on the DD, logic and reasoning, I just can't see this company lying any more than a large company lies to its investors every day.