Hcpc Heritage Capital Credit Corporation- Penny Stock- Commercial Property Lending

[greencat]

AS: 1.5 billion (as of 17th July 2007)
OS: 231,552,123 ( as of 13th July 2007: see note 1 below as this figure will have increased)
Float: 77,130,234 (see note 1 below as this figure will have increased)

Watching this one as the technical indicators looking like its getting ready.
Close above the 5-day MA, Money Flow across the zero line, Williams,
ADX cross, Fast Stochastic cross, Volume

[greencat]

Originally Posted by greencat

AS: 1.5 billion (as of 17th July 2007)
OS: 231,552,123 ( as of 13th July 2007: see note 1 below as this figure will have increased)
Float: 77,130,234 (see note 1 below as this figure will have increased)

Watching this one as the technical indicators looking like its getting ready.
Close above the 5-day MA, Money Flow across the zero line, Williams,
ADX cross, Fast Stochastic cross, Volume

TA Info:

Interwest Transfer Company, Inc.
1981 East Murray Holladay Road, Suite 100
P.O. Box 17136
Salt Lake City, Ut 84117

Phone: (801) 272-9294
Fax: (801) 277-3147

Website: http://www.interwesttc.com/default.asp

BUSINESS SUMMARY

Heritage Capital Credit Corporation, through its subsidiary, Independent Capital Credit Corporation, engages in commercial property lending business. It offers financial services related to real estate market. The company operates through four segments: Commercial Mortgage Lending, Capital Markets, Credit Provider, and Proprietary Technology segments. The Commercial Mortgage Lending segment engages in real estate lending, which includes processing, origination, sale, and servicing of commercial mortgage loans. The Capital Markets segment specializes in off-balance sheet arrangements relating to the securitization of commercial loans. The Credit Provider segment provides credit enhancement feature. The Proprietary Technology segment offers software that provides platform for underwriting, servicing, and securitizing commercial property loans and proprietary loan products. The company was incorporated in 1989 as Executive Telecard Corp. of Florida and changed its name to Automax Group, Inc. in 2001. Further, it changed its name to Heritage Capital Credit Corporation in 2004. The company is headquartered in Wilmington, Delaware.

[Klipper22]

Nice technical find, Greencat. Let's see if it can blow through the 50dma.

[weatherbill]

I am in this one and am adding on this dip. I think if they get that 300m contract, it will take this to .002 possibly and much more with the 400m more in commercial loans and then they said they may become a bank.....so alot more could happen to this. The share holder meeting is oct 18th.

There is an article out on this giving it a bad spin from some investors who have complained that they've lost money or were robbed. The company has handled the bad spin well and has said they would pay the clients back. They weren't really robbed, but just got tired of waiting for the commercial loans to come......lost patience can spin alot of negative things, but I think this company could be coming u with the 300 m 1st trench of loans soon......if that does happen, this is looking like an incredible mult bagger. The risk/reward here is very nice to me......that's why I'm in and hoping for a big ride......long swing play for me....of course, if we get a big rise, I will sell 1/2 at double.....and ride freebies......may be a bottom here at .0003-.0004

[weatherbill]

I have added on this .0003 dip. I think something is up n coming on this....today's PR hints it....let's just hope the PPS shows us a pop sometime on an announcement.....Lotto play here, but a pretty good one.

Wednesday, September 26 2007 1:31 PM, EST

--------------------------------------------------------------------------------

PRESS RELEASE: Heritage Capital Credit Corporation Announces Annual Shareholders Meeting

Dow Jones & Company, Inc. "DJNS Original Stories "

WILMINGTON, Del., Sept. 26 /PRNewswire-FirstCall/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC) announced that its Annual Meeting of the Shareholders is scheduled for Thursday, October 18, 2007, at 10:00 a.m. Eastern Daylight Time, at the Hotel du Pont, 11th and Market Streets, Wilmington, Delaware, 19801, to consider and act upon the following proposals:

1. To confirm the election of three (3) Directors, namely James M. Cloud,
Prashant J. Patel, and Gwendolyn C. Johnson, to serve until the next
Annual Meeting of the Shareholders and thereafter until their
successors are elected and qualified. Detailed biographies for our
director nominees are available on our website:
http://www.heritagecapitalcreditcorp.com

2. To transmit such other business as may properly come before the meeting
or any adjournments thereof.



The Board of Directors has fixed the close of business on Monday, September 25, 2007 as the record date for Shareholders entitled to notice of, and to vote at, this meeting and any adjournments thereof.

If you plan to attend this Meeting, please confirm your attendance via email or telephone by October 10, 2007.

By Order of the Board of Directors

[weatherbill]

looks like we just came off the bottom this AM.

only one tiny sale in the .0002s before it went back up to .0003-.0004

[Shocker00]

Heritage Capital Credit Corporation Announces Stock Repurchase Plan

WILMINGTON, Del., Oct 09, 2007 /PRNewswire-FirstCall via COMTEX/ -- Heritage Capital Credit Corporation (OTC: HCPC) announced that its board of directors has authorized a plan to buy back stock on the open market over the next year. The Company's plan includes using 35% of its income following each project funding to buy back stock.
The board's sentiment is that the current market price for the stock does not adequately reflect the intrinsic value of the stock and therefore, the Company should take advantage of the low price.

The Company expects to receive a 5% origination fee at the closing and funding of each commercial project. That cash revenue will be used for general and administrative expenses and to repurchase stock. The buy back is expected to reduce the number of shares outstanding, thereby increasing the value of the shares available. Revenues are expected to be generated by year end.

Shareholders have been asking if the Company is planning a stock reverse split. At this time, that is not in the plan. However, in the future it may be considered when a strategy is developed for moving up to a national stock exchange

[weatherbill]

I have been accumulating this. I think it's gonna be an amazing runner when the company comes thru with the loans.
It is really hard to get .0003s. Looks like the .0004s are all that is left. I guess if any 3s come loose, MMs will keep those becasue some came loose in the pm yesterday and I was sitting on the 3s bid, but wasn't able to snag any.

[weatherbill]

"The Company's plan includes using 35% of its income following each project funding to buy back stock."

35m to 50m will come in from loans, on the 5% of the 700m to 1B laons.
on the first 300m loan, 15m will come in, 35% of 15m is $5.3 million towards the buy back. 35% of the the other 5% of the 400m 2nd loan is 7 million, for a total of 12.3 million used towards the buy back.

Put it this way, if they were to use the 12.3 million to buy back shares at say .003 per share average, it would b 4.1 billion shares........ LOL.......... I don't think the PPS will be staying near .003, since the O/S is probably closer to 400-600m o/s.

Do you see the potential of this....it is amazing!

[Simo]

nice reco greencat. I've been in this one since sept. 10th.. waiting on a move to dump the rest of my shares.

glta