Here's where explorer got that EPS figure and it also provides a refresher for those unfamiliar with IDWS:
RECENT NEWS
IDS Worldwide, Inc. in a Letter to Shareholders to Be Released on October 12, 2005 Announcing HLS Buyout and Special Common Stock Dividend http://biz.yahoo.com/iw/051006/097223.html
IDS Worldwide, Inc. Files With NASDAQ: IDS Worldwide, Inc. -- Formerly Known as IDS Worldwide Solutions, Inc. -- Files Mandatory Certificate Recall and Symbol Change http://biz.yahoo.com/iw/051005/097121.html
Share buyback and retirement/Earnings guidance and more IDS Worldwide Solutions, Inc. Announces Completion of 10 Million Shares Repurchase of IDS Common Stock http://biz.yahoo.com/pz/050906/85316.html
* The company recently announced that its IDS Homeland Security Division, under an Exclusive Territory Agreement with Digital Securities Controls, Ltd., a division of Tyco International, has received a record-number 4,000 new client orders in the current quarter representing a 2,600 percent increase over the second quarter of 2005. IDS generates revenue from both security product installations and reoccurring monthly monitoring fees.
* IDS announced its guidance for the company's first year as a publicly traded company with revenues of $25 million - $30 million and EPS of $.21 - $.23
* The company, under its previously announced stock buyback program, has repurchased 10 million shares of IDS common stock in a series of open market and private purchases. IDS' stock buyback program has reduced the outstanding common shares of the company by approximately 20 percent.
* www.995ad.com has already become the 2nd largest automobile site on the Internet in the 1st quarter of operation, approaching 575,000 cars.
* IDS has signed new agreements to add over 70,000 Worldwide Resorts and Hotels with live bookings and reservations to the travel section of 995ad.com."
* IDS has retained counsel to file a registration statement for its wholly owned subsidiary, 995ad.com. Upon effective registration statement, 995ad.com will trade on the OTCBB as a wholly owned, publicly traded subsidiary of IDS Worldwide Solutions, Inc. Common stockholders of IDS Worldwide Solutions, Inc. will receive a pro-rata number of shares of 995ad.com pursuant to each individual investors holdings as of the effective date of the registration statement of 995ad.com.
posted
IDS Worldwide, Inc. Updates Special Dividend Payment Decision 10/17/05
IDS Worldwide, Inc. Updating Special Common Stock Dividend and Ex-Dividend Date
ORLANDO, FL, Oct 17, 2005 (MARKET WIRE via COMTEX) -- IDS Worldwide, Inc. (OTC: IDWS) today updated the Company's previous Press Release that it has concluded the negotiations for the buyout of the Company's Homeland Security Division (HLS) with the closing deal determined to be now valued at $41,500,000 before certain closing costs.
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 advised by Counsel that audits for the breakout of the Homeland Security Division (HLS) must be completed to determine the exact dividend after closing costs and corporate tax considerations for the one-time special dividend payment to the common stockholders of IDS Worldwide, Inc. These steps are required since IDS Worldwide, Inc., under the negotiated buyout terms, is not selling the entire HLS division and the IDS will maintain ownership in the new entity.
IDS auditors of its overseas HLS Division operations are scheduled to be completed this week and then will be combined and audited by US Tax Counsel. US Tax Counsel will take approximately 10 days for this review. 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.
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, 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. Due to tax considerations faced both by the Company and individual common shareholders, IDS Board of directors has decided to solicit shareholder input thru a shareholder vote subsequent to the completed breakout audit of the Homeland Security Division (HLS) regarding the timing of the payment of the special one-time dividend payout and the structure of said payout. All shareholders will receive the proper documents via mail from IDS Worldwide, Inc. though the Company's Transfer Agent. IDS feels it is more equitable to allow all shareholders to determine and assess the tax implications and timing of the one-time special dividend that will affect each shareholder.
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.
posted
I tried to get a fill at .32, and they skipped over me today.
I still see a little weakness and think it may test the mid 20's. Todays news scared some people into selling because it clearly states that they have to give 10 days notice before the payout date. So many people IMHO decided to sell out to play other stocks.
This one is a gauranteed 200% gainer just from the dividend. I am hoping to catch a runner or two and then buy into this around .27-.30.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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I'm gonna have to wait it out. I got in when it was high in anticipation on the dividend.
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