posted
Thanks DJM! Was wanderin what those things were for. dreamer_rick & OnceApenny - look at the news yourself. Go to Y@hoo, click on finance then type in JPHC...you"ll see.
Hey, if I missed something let me know.
Oh, DJM you are right about that part of the deal, im not sure how the 200:1 dividend will play out with the July 5 (got it right that time!) forward split of GBBI... We'll just have to wait & see.
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome
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posted
JUPITER Global Holdings, Corp. Amends Stock Dividend In Global Bancorp, Inc. Common Stock; for Every Twenty (20) Shares of JUPITER Common Shares Shareholders Will Receive One (1) Share of Global Bancorp, Inc. Restricted Common Shares for All JUPITER Shareholders of Record as of Close of Business July 8, 2005 Monday June 27, 8:15 am ET
LAS VEGAS, NV--(MARKET WIRE)--Jun 27, 2005 -- JUPITER Global Holdings, Corp. (OTC BB:JPHCE.OB - News) ("JUPITER" or the "Company") (JPHC) today provides information regarding an amendment it has made to its stock dividend based on the restricted common stock JUPITER owns in Global Bancorp, Inc. (Other OTC:GBBI.PK - News), a company publicly traded on the Pink Sheets, whereby all JUPITER shareholders of record on close of business July 8, 2005 (the "Record Date"), will be entitled to a dividend on a prorated basis of: for every twenty (20) JUPITER common shares owned, shareholders will receive one (1) Global Bancorp, Inc. restricted common share.
ADVERTISEMENT Due to Global Bancorp, Inc.'s recently announced forward split of its common shares on 10-for-1 basis, the Company feels it in the best interest of our shareholders to pass on this forward split as part of the dividend. In addition, the Company has extended the record date to July 8, 2005.
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome
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posted
When the stock dividend is settled and we get the 1 for each 20.GBBI. Will the stock price remain the same or will the value lower to reflect? I have quite a few shares, I am curious. Anyone's insight is greatly appreciated.
posted
I think it will lower to reflect, but some stocks do make a run to try an "get back" to current levels. Not all granted, (this is otc after all) but it should make a good push. IMO
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome
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posted
Wow, for some reason I missed that they moved the date by a week. I tried to get out this morning with a tiny profit, but I cancelled that so I can get the dividend. I really REALLY want to be rid of this stock, it's just tieing up all my money and doing absolutely nothing. I also am pretty incredulous that the company hasn't posted their reports so they can get off the pinks.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P)
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posted
Does anyone know how the dividend gets distributed? Will the shares just appear in our portfolios? Or will we need to fill out paperwork, or something like that?
Also, does anyone know how long we need to hold shares of jphc to receive the dividend? Do we need to hold longer than today/close?
posted
Who on earth would sell their shares today, when must hold till close to receive dividend? ... and at .0005 nonetheless??? What gives? Are these people inept?
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posted
I surely have not seen mine yet. I am with ameritrade. When are the plans for VXBX to go public? Does anyone know what the starting price will be? Thats the one I am truely interested in.
quote:Originally posted by stockmover: I surely have not seen mine yet. I am with ameritrade. When are the plans for VXBX to go public? Does anyone know what the starting price will be? Thats the one I am truely interested in.
Thanks,
Stockmover
VXBX is already publicly traded...
TRADE DATA: Last Sale: 0.0110 Change: +0.0010
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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Thanks, guess I did not realize. I was thinking going public without being a penny stock. Well, guess I will wait and see what happens. How many have this as a long term hold?
posted
Anyone know what is going on with the VXBX divy. JPHC has traded lower since since the divy date. Was wondering if the VXBX divy has anything to do with it.
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