this comment totally opened my mind to what's happening....great...

this comment totally opened my mind to what's happening....great observation. I think its even conservative?

just say get 14 new shares @ 0.002. sell for 0.003. Thats 0.014 in profit. Currently the shares are 0.003 bid. So could see the cum rights shares for 0.014+0.003 = 0.0017. Thats considerably higher than where they were trading pre halt?

Call me crazy, but have shareholders potentially come out of this nicely? Have all the people blowing up on HC just not done their math? Or have i made an error?

The absolutely crucial part is where the shares currently trade....all holders are essentially leveraged 14:1 on the ex-rights share price. The diff b/w 0.002 and 0.003 is (not surprisingly!!) 50%

glta