Has possibilities, but do your own DD. Already bought 7mil shs of a 10mil sh buyback. Spinning off a sub. which is in process of being registered as a publicly traded Co. IDWS shareholders will get pro-rata distribution as dividend after registration. Earnings per share prediction is 0.21+. I like what I am seeing and bought 10K shs.
PS: Apparently buyback completed. Here's info on projection:
IDS previously announced its guidance for the company's first year as a publicly traded company with revenues of $25 million - $30 million and EPS of $.21 - $.23.
Posted by Wallace#1 on :
More info:
Outstanding Shares: 50,000,000 as of 2005-06-28
Estimated Market Cap: 11.5M as of 2005-09-08 (based on Outstanding Shares as of 2005-06-28) Authorized Shares: 100,000,000 as of 2005-06-30 Float: 11,000,000 as of 2005-06-30
Current Capital Change: shs decreased by 1 for 100 split Ex-Date: Record Date: Pay Date: 2005-06-22
NOTE: Am not crazy about the r/s, but it may not be so bad based upon previous info presented. Have yet to see any SEC filings or financial info except the projection above.