Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Hot Stocks Free for All !
»
Taking a count of IBZT shares held here
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by OilMan: [QB] Purl, I am not really sure what you get from that email which has been posted from Ken. I have run a very successful, publicly traded company that was also a spin off of a huge debt burdened company. The tactics, which Ken speaks of, are very simple in business planning. Place 450 million shares valued at .003 up against your outstanding debt, place a mandatory hold on the stock until march 2004, upon execution of the agreement the debt holder is only allowed to take possession and sell the amount of stock which is required to cover the dept. So let us try some simple math..... 450 million X .003 = 1.35 million the approximate amount of debt that would be due...... march let us assume that the stock will be at .08 after the release of numbers.... the debt left is approximately 1.35 million so .... 1.3 million / 16 million shares.... thus we have shaved the dilution factor to a mere 3.5% of the original 450 Million... And if anyone thinks that the plan he has laid out is not understood by those investors with debt reorganization educations, you are very very wrong..... Now anything could happen with the market these days and in order for this to work we need to be at .05 or above come march…. My money is that we will be …. This CEO is using the business 101 guide to rebuilding a company…. He has what appears to be a fair amount of income…. He is diversifying…. He is controlling the press releases to allow for the proper deals at the proper times… So far it is right down the old check list…. Next is or the company to recover O/S….. Two ways to make this happen… 1) Buy them back at the option price which was set at .003 per the filing, hmmm who would have had the foresight for that one hmmmm 2) Reverse split, not a favorite of the shareholders and I would expect by his other actions a last resort Once a median is found for the O/S then go for a real market and you have yourself a real company…… sprinkle a few acquisitions… garnish with a dash of mergers and VALLLAH! We are cooking now!!!!!!!!!!!!!! [This message has been edited by OilMan (edited February 02, 2004).] [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2