Shares in Hotel Corporation (HCP) have moved back to 1.3-1.5p because there are signs of life. This is an ideal cash shell for someone with a track record of doing deals. But right now it is doing nothing. The two directors are Derek Short – a septuagenarian crony capitalist drawing £25,000 a year for sipping G&Ts in Jersey ( no tax there) and David Craine an Isle of Man Crony Capitalist drawing another £25,000 for doing sweet FA from another tax haven.
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