posted
Just curious as to how much effect the dilution will effect the GBBI stock. GBBI SP is sitting at .095 right now....wonder how far it will drop with the distribution of the dividend shares...
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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posted
I am interested in knowing how many shares the other holders have? I have about 1.7mill. What do you guys have and what is your target price for selling?
posted
I have 2.6 mil. This quote seems to be a lost cause. A lot of dilution and late fillings. Some good news (dividend) but...So, i am planing to sell between .0012-.0019 but i am really not sure that the price will rise at this level.Maybe sell at lower price.
posted
I only have 750K, but with the GBBI dividend I stand to make $400+ on that alone, if price stays close to what it is now. With the Promo Staffing break off soon, who knows the dividend or starting price? Seems like money to be made.
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome
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THANKS FOR THE CLARITY! Now my last question is this. With us getting 1 for every 200 shares, will we still own JPHC shares and then GBBI shares at the same time? Or will these be traded in, for the most part?
Yes, you will still own all shares of JPHC. Companys give out dividends like free shares. Keeps people lookin at the stock and gets the company noticed. After July 1, (may be days or weeks, dont know) when they give out the shares, they will be on your positions screen on your brokers web site.
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome
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posted
Global Bancorp Inc. Announces the Company Has Received Shareholder and Board of Director's Approval to Change the Company Name to VoxBox World Telecom, Inc. and to Issue a Forward Split of the Company's Stock on a 10 - 1 Basis Effective July 06, 2005
VANCOUVER, BC, Jun 24, 2005 (MARKET WIRE via COMTEX) -- Global Bancorp Inc. (OTC: GBBI) today proudly announced that it has received shareholder and Board approval to change the company name to VoxBox World Telecom, Inc. and to issue a forward split of the company's common stock on a 10 - 1 basis. These approvals will be effective on or about July 06, 2005. All shareholders who own shares of Global Bancorp Inc. as of close of business on July 5, 2005, will be entitled to the forward split.
Global Bancorp (Global or the Company) is incorporated in Nevada, and has its corporate office in Vancouver, British Columbia. Global's corporate objective is to become a leader in advanced digital media technologies including Video on Demand, Voice Over Internet (VoIP), and a smart card bank platform for future integrated commerce and eCommerce applications such as Web-Enabled ATMs (personal banking in the home).
This release contains forward-looking statements that involve risks and uncertainties. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors. This announcement does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Contact Information Global Bancorp Inc. Phone: 1 604 288 8292
SOURCE: Global Bancorp Inc
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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1. At the end of the tradin day July 1 JPHC holders will be entitled to a 200:1 dividend of GBBI.
2. On July 6 GBBI does a forward split. In my mind,(Again Im no guru) that means that the few shares of GBBI I do get multiply by 10 on July 6.
3. Seems good all around. Oh, did you see also that around the 17TH of June, they are gonna spin off with Promo Staffing? More dividends? Right now I can"t see too many bad things with this company.
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome
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posted
Nomed, you don't have to add a post to correct a mistake; you can edit any post by clicking on the paper/pencil icon in the upper right. Anyway, it looks good, as long as our GBBI shares are distributed by July 5th (July 1 is the effective date, but I'm not certain it is the execution date).
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