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{ 2008 01 22 }

Bad HCPC News Out

News for HCPC at the bottom of this post. Not good at all. I am kind of frustrated, especially because the news came out while I was in class and I could not sell. I believe this will go to no bid soon. I am getting out early tomorrow morning... if I can. The extra funds will probably go right into PCLI.OB. The chart is ready and it looks like it is set to start running up.

What I don't understand is the last line of the PR, "The Company and the customer have shareholders in common." If anyone has any comments on this, please feel free to leave them. If you go back a few posts, you can see the biggest shareholder in the company is First Independent Financial Group. Maybe it could be referring to that? I may get back into HCPC if they close this loan, which I am very skeptical about now.

If some of you looked at COPI.OB like I said you should :P, then you would have seen a nice increase. I think it was up 30% at one time.... I wish I would have gotten into it.

Heritage Capital Credit Corporation Extends BCLOC Closing for 30 Days
Tuesday January 22, 2:29 pm ET

WILMINGTON, Del., Jan. 22 /PRNewswire-FirstCall/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC - News) today reported that the Company has granted its customer a 30-day extension, due to additional third-party due diligence. This extension will expire on February 25, 2008.

On December 21, 2007, we announced that the Company had arranged a funding commitment for its first commercial project closing, which is ultimately expected to be rolled into a BCLOC security.

The Company and the customer have shareholders in common.

Source: finance.yahoo.com

Posted by admin on Tuesday, January 22, 2008, at 11:43 pm, and filed under HCPC.PK, Heritage Capital Credit Corporation, PCLI.OB, TitleMatch, brian's penny stock, compliance systems corporation, pcli, penny stock, penny stock blog. Follow any responses to this post with its comments RSS feed. Comments are closed, but you can trackback from your blog.