| Research Driven Philosophy
 
            HRC provides a range of 
			services and products to clients, all driven by a fundamental focus 
			on research. 
 This focus spans company specific / mico 
			analysis, broad industry / macro research, and in-depth examination 
			of company / industry comparables.
 
            Systematically piercing through 
			quarterly / annual financials / MDAs, news 
			releases, and prospectuses will reveal critical industry trends 
			and valuation drivers that are of vital importance to the company 
			and its investors.
 HRC has completed assignments 
			across a broad range of industry segments, from resource (i.e. 
			mining, O&G) to technology, special 
			situations, and more 
			"traditional" businesses.
 
 Typical reports 
			generated are geared 
			to explaining how a company is positioned 
            in its competitive environment, discussing its business 
            development and growth strategy, and  what the associated 
			financial and market potential is.
 
            These reports are typically of 
			interest to not only external investors, but internally to company 
			management as well.  
            HRC strives to make complex 
			situations and environments understandable to a wide variety of 
			audiences, from the most sophisticated industry followers to novice investors 
			looking for a sensible introduction.  The objective is to make 
			the "I see" light bulb come on.
			
 Years of experience in conducting such exhaustive research 
			in a plethora of special situations has validated this approach 
			time after time.
 
			  
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