This is topic BIHC: low float with merger deal in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by JimSC on :
 
BIHC: 0.002, float: 24.6 M shares.

* PR campaign has started;

* Will retire and buy back shares;

* Planning to merger with Baron, a restrauant
supply company;

* No dilution in the past few months.
 
Posted by JimSC on :
 
The buy back could start early next week.

****
Posted by: bluser Date: Wednesday, June 04, 2008 1:06:01 PM
In reply to: None Post # of 9712

I sent another email to Cris Galo asking him when the buy back of shares will begin here's his response:

"We are in the process of setting up an independent third party (as advised by our attorney)to start purchasing shares on the open market, we hope this will be completed by the end of the week and we start on Monday."

Every one better get loaded up now before the fun begins.
 
Posted by JimSC on :
 
0.0025 - up 25%; closed at HOD.
 
Posted by JerZeyDeViL on :
 
Jumped in today at .002...looks good to go!
 
Posted by JerZeyDeViL on :
 
Gonna run soon! Get the cheapies why you can! Buyback has begun. From a poster on the hub from today:

At 11:45 I sent an email to Mr. Galo asking him when the buyback was going to start. At 2:32 he sent me an email back. Here is what HE wrote word for word :

"The buyback is underway and you should be noticing sporadic big blocks and some not so big blocks of shares being purchased."
 
Posted by JerZeyDeViL on :
 
Thinking we'll see some green today with the buyback underway
 
Posted by JimSC on :
 
HOD: 0.003

Got a run today.

****

BIH Corporation Continues Its Buyback Program
Jun 19, 2008 12:22:00 PM
View Additional ProfilesWEST ORANGE, NJ -- (MARKET WIRE) -- 06/19/08 -- BIH Corporation (PINKSHEETS: BIHC) today announced that it is continuing with its previously announced buyback program.

The company to date has purchased through an independent 3rd party of close to 15 Million Shares on the open market and will continue to buyback shares per its previous announcement.

All shares will be retired and returned to the Company's Transfer Agent upon completion of the buyback.
 
Posted by JimSC on :
 
0.0039
 
Posted by IMAKEMONEY on :
 
NICE!
 
Posted by JimSC on :
 
0.012
 
Posted by JerZeyDeViL on :
 
Wow...quiet around here for all the hype this one's getting! These boards have really died over the past year
 
Posted by J_U_ICE on :
 
Great call JIM!!! WTG
 
Posted by JimSC on :
 
HOD yesterday: 0.03 - from the bottom
of 0.0015

*****

Thanks,JU.


quote:
Originally posted by J_U_ICE:
Great call JIM!!! WTG

*****
Low floaters like BIHC wanted:
*OS: under 100 M; float: under 50 M;
*ceo has started to give out PRs;
*ceo has offered special deals, like
divy, share buyback, or merger.
*pps under 0.002
* No dilution in the paset few weeks.

Please list them in this thread.
 
Posted by JimSC on :
 
Next BIHC
****


RPDI: 0.0016.

OS: 98 M shares; float - 33 M shares.

* PR campaign has started;

* Divy offer of spin-off divsion
shares has been proposed;

* No dilution in the past few weeks.

Credit: J_U_ice

****
BIHC recently ran from 0.0015 to 0.03
RPDI has similar share structure as
BIHC, and could to the same.
Watch it.
 
Posted by needthecash on :
 
GET ready for this one. Starting it's U/T this morning in pre-market. Also it held good on friday. So I think it will be a good one. Plus it had some good news last week. Do your own DD. But watch it and make your own decision. I'm just giving my own opinion from my own watching and research.
 
Posted by needthecash on :
 
GOING right now, new highs!!
 
Posted by T e x on :
 
Anybody still in this? Hope not, suspended today:

http://sec.gov/litigation/suspensions/2009/34-59365.pdf
 


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