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Microcap & Penny Stocks : HCCA IS GOING TO BE THE NEXT BIG WINNER!!! -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (2865)	1/21/1998 3:06:00 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 3459

Well, here it is. Same old bullshit. Forgive me, it was faxed so as opposed to retyping it, I OCRed the faxed document. Accordingly, there is a slew of typos and formating issues which I'm not going to waste my time correcting. You can kinda get the jist of the release. Jan-12-98 OS:1BP FICCA F1cEida pal Reno, Nevada - January 12, 1998 Dear Shareholders I am happy to report that Health Care Centers of America, making signit'icant progress in realizing its business plan. HCCA is in final negotiations with a refinery for a joint venture to pmccss its ore inventory to the next stage of concentration known as dore' bars (DottE bars are produced by liquefying the concentrate and pouring the solution into a mold, as the material cools. the metals separate, with the heaviest &lling to the bottom.) Management believes there is a ready market for dore bars anwng gold refiners. Under the tertns of the proposed contract, HCCA will be entitled to a substantial, advance payment of profits. Although no contract has been signed, a final draft has been negotiated and management has no reason to believe a contract wilt not be si$ncd in the not too distant future. The parties believe that processing could commence within three months of a final contract, and that the pibj cot could continue for a number of years. Another refiner is testing HCCA's ore to determine the best metbod of extraction to recover the highest return. Management anticipates a proposal from suFh refiner in the flCst SIX to eight weeks While there can be no assurance that such a proposal will be fbrthcoming or that the terms of any snob proposal would be acceptable to HCCA, management is optimistEc. There have been three independent evaluations of HCCAEs ore inventory. Such valuations have found values within 10% of one another, and are consistent with the findings and estimates previously announced by HCCA. It is estirnated by UCCA and by the two refiners with whom it is presently negotiating that the cost ofoonverting HCC A's ore inventory will be less than 30% of its sross recoverable vaIueE and that more than 70% of the values present can be extracted from such ore inventory. Under the terms of the proposed contract with the tint refiner. in addition to a substantial advance payment of profltsE HCCA will receive a percentage of any profits, which managetn:ent expects on the basis of such independent analyses, will substantially exceed the amount HCCA paid ror such inventoiy. Hœ4LTU CARE CENTERS OF AMERIE INC 2400 EMi Lw; Olas mE Suite 310' Fort uwh=hE FIonda 33301 Jan-12-98 OS: lap HCCA r1oEida Page Two HCCA Corporate Update January 1Z 1998 p HCCA'5 ore inventory is currently in a granulated state, the consistency of which is similar to beach sand. For the puEose of clarification, the term "ore inventory" refbrs to that material, which is the result of extracting certain heavily weighted compounds from the earth. Then they were placed in a secured pit for storage. The term "ore reserves" re&r5 to the values ibund in the earth but have yet to be processed. While it is anticipated that the litigation between `iCCA and Robert Icrilich Sr. and/or his affiliates relating to HCCA's contracts to acquire real estate will take several years to reach a conclusion, management remains optimistic that HCCA will prevail. Should the courts determine that HCCA's contracts to purchase real estate from Mr. Knuch and/or his affiliates should not be enforced. management remains: confident that the shares issued to the sellers in connection with such contradts wduld be returned to HCCA. HCCA5s Nashville Music Consultants has recently changed its name to Nastivi lie Music Group, Inc. EG) and is in 1611 operation. Larry Ruder is no longer President, Shug Baggon has replaced him, but Larry Butler is still active with NMG. The name change Ms better identified NMOEs role in the various categories or the music industry. )4CCA has a very high asset to liability ratio. and the rnEjority of its liabilities are owed to officers HCCA has no liens or debt service for any of its assets. While it has taken somewhat longer than anticipated, HCCA's first priority rernains to establish a cash flow from its ore ;nventory and its MedAway medical waste disposal units. While there remain a number of issues to resolve, management remains confident HCCA will realize significant income from its assets in IQQS, and that with such income, a realistic plan for developing a heath care line orbusiness can be prepared. While a negative outcome to the litigation relating to the acquisition of real cstate could have a negative impact on HCCA's affairs, management believes that the value potential of its other assets will ensure a positive fliture for HCCitE HCCA's management has spent four and a half years carrying the company to this point They have spent their own atoner and time for the benefit of the company and its Sha!eholders. Even though the company or its officers can't guaaanteeEthe success of any of its endeavors or battles, it has proven the commitineni of its officers td wbrlc toward successibily bn"nging the company to flail operation and earnings on a consistent bnis. Health Care Centen of America. Inc Maurice W. Furlong President and CEO