posted
Weird... I don't want to sell it at .0005 to find out, Skyman. I'd lose. Maybe it's an error that will correct itself, but I'm not saying anything if it doesn't! Never seen that before... Thought it might've had to do with the dividends everyone is talking about or something.
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posted
Might I suggest one of you guys who have been on this thread from the beginning start a new thread? Maybe with a title including ".15 Dividend!!"
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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posted
i wish we new if these were gonna be restricted because if they werent if i would buy $10,000 worth at .0006 thats 16,666,666 shares of FCDH divided by 6 gives you 2,777,777 shares of SNYY at .15 a share equals $416,666 i dont think something is right because if it is im buying $10,000 worth can someone find out some how
posted
are my calculations right i mean why wouldnt everyone buy its like free money and not being restricted WOW even $500 will make you $20,000 in free money from SNYY if they dont say if there restricted isnt that a law suit
posted
From the PR... "dividend amounts to a huge windfall for our shareholders"
Damn, I can't disagree with that. I've e-mail Suncrest for additional details (veracity, where the shares will come from, etc) and will post if I receive a reply.
FCDH website is absolute nil.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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posted
I just talked to sandy Winick at fcdh. The info I recieced is thus Share dividends will be restricted for 1 year. The dividend is calculated at price of snyy divided by 6 = .15. I don't know how he comes up with that, should have asked. If I divided the price of an snyy stock by fcdh I would come up with some other huge number. I tried it, but I don't want to go there right now. 1/5 of the population of there broadcast area subscribes to their channel. They are not positive when the new website will be up. They are aggressively in negotiations to find a carrier in the USA. Didn't say who. And thats it. Any bodys input on the stock calculation will be appreciated.
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posted
First Canadian American Holding Corporation Declares Dividend
Dec 12, 2005 9:00:00 AM TORONTO -- (MARKET WIRE) -- 12/12/05 -- First Canadian American Holding Corporation (OTC: FCDH) is pleased to announce that the Board of Directors has declared a stock dividend, payable to shareholders of record of December 21, 2005. The dividend will consist of one (1) free common share of Suncrest Energy Inc. (OTC: SNYY) for every six (6) shares of FCDH held on December 21, 2005 .
Based on the current price of Suncrest the dividend amounts to a Fifteen Cents ($0.15) value for each and every share of First Canadian held as of the record date.
The Company's Board of Directors characterizes this stock dividend as rewarding the shareholders of First Canadian for their loyalty and dedication to the betterment of the company.
"With the new focus on The Fight Network and its related assets we wanted to thank the shareholders for their support and to give them something back," says Sandy Winick, president of First Canadian. "This dividend amounts to a huge windfall for our shareholders and that is what we are all about at First Canadian, creating value and rewarding our shareholders."
About SUNCREST ENERGY
SUNCREST ENERGY (OTC: SNYY) is engaged in oil and gas exploration and drilling programs for itself and other companies. With interests in the United States and Russia, our goal is to become a major player in the development of worldwide natural resources to benefit our shareholders and the communities where we operate.
About First Canadian American Holding Corporation:
First Canadian American Holding Corporation is a holding company with subsidiaries that conduct operations in areas of digital television, radio and the internet under The Fight Network brand.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
posted
thanks marley and as far as you no these arent restricted? and not being greedy but why .15 instead of there 1.20 pps just wondering but i would like to no about if they are restricted i have so many of those already and they are probrably worthless Please get back to me if you can Thanks
posted
anybody post this yet? seems relevant here: --------------------------
SUNCREST ENERGY Announces Initial Results of Marketing Drilling Program
By Market Wire
TORONTO, Dec 12, 2005 (MARKET WIRE via COMTEX) -- SUNCREST ENERGY (SNYY), which specializes in oil and gas exploration and drilling, announced today the initial marketing of their Drilling Program has generated fifteen (15) new drilling contracts within the past week. The Drilling Programs will commence during the first quarter of 2006. The Drilling Division of Suncrest anticipates obtaining additional commitments over the next several weeks sufficient to exceed eighty percent (80%) of their currently available drilling rigs.
"These contracts are the first steps toward establishing Suncrest Drilling as a viable entity within the oil and gas development arena," said David Alexander, Chairman. "We are very pleased at the receptivity of several independent oil companies to our program. We appreciate having the opportunity to work with these companies and to bring additional reserves on-line."
"With First Canadian (FCDH) as a significant shareholder, now these extensions of our business should benefit them over the long term," said David Alexander, Chairman.
About SUNCREST ENERGY
SUNCREST ENERGY (SNYY) is engaged in oil and gas exploration and drilling programs for itself and other companies. With interests in the United States and Russia, our goal is to become a major player in the development of worldwide natural resources to benefit our shareholders and the communities where we operate.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
posted
that's where i started too... but seems like a win-win ~BB
quote:Originally posted by bmarley57801: Again guys- I am in this for the launch of The Fight Network into the USA. NOT for this Divi that came out today....
posted
I just talked to sandy Winick at fcdh. The info I recieced is thus Share dividends will be restricted for 1 year. The dividend is calculated at price of snyy divided by 6 = .15. I don't know how he comes up with that, should have asked. If I divided the price of an snyy stock by fcdh I would come up with some other huge number. I tried it, but I don't want to go there right now. 1/5 of the population of there broadcast area subscribes to their channel. They are not positive when the new website will be up. They are aggressively in negotiations to find a carrier in the USA. Didn't say who. And thats it. Any bodys input on the stock calculation will be appreciated.
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