posted
Ok, I just re-read the last PR. 100% proceeds going to the OS...If the OS is 50M, shouldnt it be 80 cents a share? Still not a bad deal..
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No complaints! From .38 it is bound to go up more based upon the statement of all the money from the sale going into a dividend. "I" expect it to be around .80+or-. And you will still end up keeping the stock if you stay for the div. Remember, that is strictly opinion. Still holding 30K shs from .161.
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Repost of my post: IDWS is said to have a 2.5 million float. The company isn’t satisfied with the share price, so it has opted to use many tactics to get the share price up, including buybacks, change of CUSIP number (new one already issued) and, more recently, the issuance of dividends (both cash and stock of the coming 995ad.com spin-off.) The company has already withdrawn the certificates of its restricted stock so they can’t be borrowed for shorting, and a mandatory call of the certificates of the free-trading shares is in progress. I’m not sure if that will actually work as the company intended, but I’m sure other factors will. EPS is 0.21-0.23, and the stock price is still bellow 10% of what it should be. Revenue is still growing, and its holdings are selling for big money. This company has achieved multi-million dollar positive cash flow. The just announced cash dividend will definitely give this stock a big boost; rarely stocks issue a 210+% cash dividend. Right now I view IDWS as having potential that is rare to come by, especially in the penny markets.
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Watching IDWS L2 late this afternoon and getting a handle on just how devious the MM's are -
BID is .35 / ASK is .39 Trades are going thru at .36 & .37 This is a very informative post by someone on another board. The point is, don't let MM's scare you into thinking this stock isn't breaking out cause it is!!!
"The seller [in the spread, wanting .38] capitulates and lets it go at .36 / and the MM sells it to someone waiting in the spread at .37
The guy sitting at .35 is wondering when he'll get filled [never] And the guy at .39 is wondering if he should drop his price -"
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IDWS seems the MM's don't want it over 50 cents:
[From IHub]
Posted by: Datatech In reply to: 4godnwv who wrote msg# 2429 Date:10/12/2005 11:42:31 AM Post #of 2430
Just talked to trader desk. I am correct that MM's do not want to see over $.50 and higher because it is harder to manipulate with only 2500 blocks...:)So we will see some resistance here but if it hits $.51 BID game over.
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We definitely need more volume, but to be honest, I am not worried about the pps right now if the dividend pans out like they say it will.
I put in about .3 a share, if I get even .7 a share dividend, then I am sitting on a nice profit with all my shares now "free"
On top of that, that profit is in the form of a dividend not a short term gain, so it will be taxed at 15%, not my income tax rate letting me keep more of the profit than had I simply sold at .7
-------------------- I just want to make enough money to be eccentric.
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Posted by: Trops In reply to: explorer186 who wrote msg# 424896 Date:10/12/2005 1:55:03 PM Post #of 424931
explorer idws,Just got off the phone with the company.Everyone is in meetings.Waiting for a call back or email reply.Nice people their.Bob
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[From IHub. A little suspense will just make things better.]
Posted by: Datatech In reply to: hailrdskins who wrote msg# 2482 Date:10/12/2005 3:46:19 PM Post #of 2486
Called company girl told me IDS counsel waiting for NASDAQ to clarify ex-dividend rule. There is one rule requiring 10 day advance notice for reporting companies. IDS does not want to give that long a period just checking to see if it applies to pinks.
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Repost on IDWS: Cash is king. Buybacks and cash dividends are what the markets are intended for. Both pump an influx of cash onto the market, which keep the market healthy and growing. A stock dividend is less desirable not only because it puts a strain on the market, but also because a cash dividends attract more shareholders because they are a guaranteed dollar value. You can't simply dump $40 million worth of shares onto the market and expect each shareholder to receive $1 per share; no way, especially during this tough time. Be happy all you'll lose is the tax percentage. A lot of corporations are starting to make big bucks, and I hope they share the profits with the rest of us; it will be the fair thing to do. IDWS should be commended for what it is doing, and hopefully it is an example to the other sucessful companies.
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IDS also previously announced that the Board of Directors has decided to use 100% of the proceeds from the buyout for a one time special dividend paid to common stockholders of IDS Worldwide, Inc. stock after various closing costs. IDS has been able to determine the one time special dividend value to be higher than the previously announced range of $.37 to $.87. Certain final closing agreements have now upgraded the range of the one time special dividend value to the shareholders to $.87 and $1.01 per common stock share of IDS Worldwide, Inc. IDS hopes to conclude in the next 48 hours discussion with Tax counsel to determine the exact dividend after closing costs and corporate tax considerations. In any event the value will be at least $.87 per common stock share.
Finally, IDS counsel has informed the Company that under Rule 10b-17 there is a 10 day window prior to "any dividend record date." Therefore, after the one time special dividend value is determined after tax questions completed in the next 48 hours the ex-dividend date will be set and any investors buying the stock up to the ex-dividend date will be eligible to receive the full value of the one time special dividend.
IDS is not issuing any additional shares of IDS Common Stock in connection to this transaction so there will be no dilution to common stock holders of IDS Worldwide, Inc. IDS has not concluded the negotiations for licensing the technology of the Company's various Biometric Technologies and this will not delay the closing but will conclude as a separate transaction.
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Wow this company continues to surprise! To announce a $0.87 to $1.01 dividend! Wow! Looks ready for break out. Volume 1 mil/float 2.5 mil.
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