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Microcap & Penny Stocks : HCCA IS GOING TO BE THE NEXT BIG WINNER!!!
HCCA 0.0002000.0%Sep 27 5:00 PM EST

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To: Wharf Rat who wrote (2750)9/17/1997 12:03:00 PM
From: Wharf Rat   of 3459
 
Analysis of amended 10SB

- change in audit from an unqualified opinion on F.S. to a review report. Not Good !

- 3/31/97 cash on hand is $778.00

- The AIN/Elfworks ad credits of 50 million are gone.

- Mineral Inventory is valued at 269 million.

- Total assets are 319.8 million. (again, this is a reviewed report, not audited)

- They claim Goodwill of 2.9 million, I ask you for WHAT ? HCCA + BULLSHIT <> GOODWILL

- accumulated $450 K in new payables between 12/31/96 to 3/31/97

- issued 375 million shares to Zarzion, Inc., wholly owned by FURBALL, for mining claim leases which
expire in 2010. Furball was paid roughly 45 million for this company.

- HCCA spent $2434 on expositions and/or conventions. WHY WERE NO SHAREHOLDERS INVITED

- outstanding shares are now 827,485,297

- NMC was acquired for the 3rd time on 2/6/97

- they want to make another public offering for secutrities

- HCCA owes Krilich 267,373 and payments are in arrears. Krilich has demanded payment.

- all chiropractic clinic acquisitions are rescinded

- mining assays performed by Metallurgical Research and Assay Labratory in Henderson, Nevada

ALL IN ALL, THINGS LOOK LIKE THEY ALWAYS HAVE

IMHO

WR
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