posted
The pump and dump is on. This is the most used scam these days used to con investors into buying shares. This and the forward split is used by these companies that diluted so bad in the past and they can't get new investors any other way. You can make money on these scams if you take profit on the hype but the company knows that most will not, holding on for that pot of gold that will never happen.
You do realize that these restricted 144 shares will cost you between $150.00 to $250.00 to get unrestricted depending on the broker you have. Thats even if the company unrestricted them at all. Those that think it is automatically unrestricted are wrong. You must unrestrict them yourself and its costly. Also according to SEC rules the company must report financial before they can unrestrict them also in the 1st year. The SEC rules no longer apply after two year put you still have to pay the huge fee to convert the shares to unrestricted shares.
One of these days people will start seeing these scams for what they are. The company ruins its stock and has to make these ploys to trap new investors. It doesn't matter what the business is. There is many good companies out there with scam stocks. It becomes just another source of revenue for the company. Shares for profit.
You can make money here if you take profits as soon as possible. Because after the hype its over for the pps and all you have left is a whole bunch of posters trying to convince new investor into this in hopes of getting there money back.
-------------------- Learn the hard way with pennies
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quote:Originally posted by bmarley57801: and again - The money for FCDH does not lie in this divi- The Fight Network is goin to be the back bone of FCDH ---NOT THE DIVI----
I know, I know. But is it too much to ask for things to be string- and game-free?
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posted
TORONTO--(MARKET WIRE)--Dec 13, 2005 -- First Canadian American Holding Corporation (Other OTC:FCDH.PK - News) yesterday announced 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. (Other OTC:SNYY.PK - News) for every six (6) shares of FCDH held on December 21, 2005.
Many shareholders were wondering if the shares are restricted and what would be the restriction period. The shares that the First Canadian shareholders will be receiving are restricted for one year as they are coming from a block of shares that was issued to First Canadian from the sale of assets to Suncrest which were originally restricted stock.
Based on yesterday's closing price of Suncrest stock (Other OTC:SNYY.PK - News), the dividend amounts to a Twenty Cents ($0.20) value for each and every share of First Canadian held as of the record date. The price of Suncrest will fluctuate over the period of time just like any stock.
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posted
It's nice to see that the dividend value went up from .15 yesterday to .20 today.
Based on yesterday's closing price of Suncrest stock (Other OTC:SNYY.PK - News), the dividend amounts to a Twenty Cents ($0.20) value for each and every share of First Canadian held as of the record date.
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posted
Based on yesterday's closing price of Suncrest stock (Other OTC:SNYY.PK - News), the dividend amounts to a Twenty Cents ($0.20) value for each and every share of First Canadian held as of the record date. The price of Suncrest will fluctuate over the period of time just like any stock.
posted
That's correct. If it were 1:1 then it would be $1.20 for each FCDH share held. 6:1 makes it .20 for each share.
quote:Originally posted by betting babe: Based on yesterday's closing price of Suncrest stock (Other OTC:SNYY.PK - News), the dividend amounts to a Twenty Cents ($0.20) value for each and every share of First Canadian held as of the record date. The price of Suncrest will fluctuate over the period of time just like any stock.
posted
I haven't seen an actual announcement of the increase in the snyy stock, which is neccessary to accomadate the divi. But with a split being the case. Doesn't that blow the .20 P/S for snyy out of the water, as bmarley explained it with the new A/S count? *head spin*
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posted
It's not really a split, that's just the theoretical application for what is going to happen.
People ... TFN is the commodity ... if SNYY strikes oil/ngas, then transferring your shares from restricted to unrestricted will be a welcome cost. If not ... it's just a bonus.
If FCDH connects with a major American cable carrier, which they are clearly trying to do, then this dividend won't even matter.
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posted
I think what i'm questioning is are the snyy shares worth .20 if the O/S is 416,000,000. And i'm sure the answer will pop up somewhere along the line here. As I delve and dig deeper and deeper into the nuts and bolts that this thing is made of.
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posted
what does this mean for the share price of SNYY?. the way i see it they have about 1.68 million out now at 1.2$ a share equals a current market cap of 2+ million, after the divy they will have about 417 million shares out divided by the current market cap of 2+ million$ gives a post divy value of .0048 per diluted share. where are they getting 20 cents from. or is my math wrong?. the numbers they are giving are based on the current NON DILUTED value of SNYY wich seems misleading to me unless they exspect SNYY to go up 5 or 600 percent before the divy but the latest quarterly report suggests this is unlikely. any thoughts?
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quote:Originally posted by Akira_Lapin: It's not really a split, that's just the theoretical application for what is going to happen.
People ... TFN is the commodity ... if SNYY strikes oil/ngas, then transferring your shares from restricted to unrestricted will be a welcome cost. If not ... it's just a bonus.
If FCDH connects with a major American cable carrier, which they are clearly trying to do, then this dividend won't even matter.
posted
A 2 month chart shows FCDH has put in a bottom and with all the prs being released and yet to be released, we should see a break out soon though it appears to be having trouble above .0007. A parabolic rise similar to GZFX once news of the US cable market hits may be expected.
posted
I wonder how many shares the MMs are sitting on, still. I expected the pps would go up faster than this, but if the MMs are still selling it then I guess not. The MMs are the most important crap in the whole stock market and they have to make money. So every body else needs to be kept on hold.
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quote:Originally posted by Akira_Lapin: It's not really a split, that's just the theoretical application for what is going to happen.
People ... TFN is the commodity ... if SNYY strikes oil/ngas, then transferring your shares from restricted to unrestricted will be a welcome cost. If not ... it's just a bonus.
If FCDH connects with a major American cable carrier, which they are clearly trying to do, then this dividend won't even matter.
posted
Guys....It looks like we are all going to make a bunch of money. I believe that once those block of shares are gone......then you will not be able to get the divi...correct?
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posted
That would be my assumption. FCDH will keep whatever ones are left over I would think.
quote:Originally posted by andrew: Guys....It looks like we are all going to make a bunch of money. I believe that once those block of shares are gone......then you will not be able to get the divi...correct?
quote:Originally posted by andrew: Guys....It looks like we are all going to make a bunch of money. I believe that once those block of shares are gone......then you will not be able to get the divi...correct?
HUH? divy is based on the number of shares out on the 21st currently in the range of 2.5 billion+!. volume and lack of price movement indicates this number will rise by the 21st. bottom line, FCDH is the investment, the divy is a bonus wich may or may not materialize over the next year, it is not todays value but the value of SNYY a year from now wich will tell the tale!. again you should consider your money as being invested in FCDH, looking to make your profits here!, not with the questionable divy shares.
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posted
Yea fcdh should be making some bread when they hit the US. According to Sandy Winick. They have a subscriber base of over 1 million, in an overall poulation of just under 5 million. Thats a 20% ratio of subscribers. Even if its not that high of a ratio in the US. Whats 10% of just under 300million population for an example. A measly 30 million. I'm just speculating, but the numbers look good overall.
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NEW YORK, Nov. 8 /PRNewswire/ -- The LIVE finale of Spike TV's The Ultimate Fighter 2 drew 2,640,000 million viewers on Saturday, November 5 (9:00-12:00 Midnight ET/PT), making it the most watched fight in UFC history. The three-hour climax to the highly-rated Spike TV reality series, The Ultimate Fighter 2, drew more Men 18-24 than anything else on television* including the highly touted college football match-ups Virginia Tech vs. Miami on ESPN and Notre Dame vs. Tennessee on NBC. Overall, the telecast tallied a 2.0 household rating (1,785,000).
"The fact we drew more hard-to-reach young male viewers than college football on Saturday illustrates that the UFC and the sport of mixed martial arts fighting has truly arrived," says Kevin Kay, General Manager, Spike TV.
"The finale of The Ultimate Fighter 2 is not the end of the story for these guys, it's the beginning," said Dana White, UFC President and host of The Ultimate Fighter 2. "Just like Season 1's Forrest Griffin, Stephan Bonnar, Diego Sanchez and Kenny Florian have gone on to big things in the UFC, now Season 2's Rashad Evans and Joe Stevenson join them as the new stars of the sport. Fans will be seeing more of Luke Cummo and Brad Imes who really brought their 'A game' to the 2.6 million viewers who tuned in."
Other ratings highlights include the following:
-- Triple digit gains in key male demos and viewership versus year ago -- 3.7/956,000 Men 18-34 up +357%; 2.7/1,401,000 Men 18-49 up +303%; and 2,640,000 million viewers up +264% (all versus year ago -- Spike TV aired WWE Velocity and Police Videos).
-- Telecast peaked at 3.3 million viewers from 10:45-11:00pm during Rashad Evans/Brad Imes heavyweight bout.
-- Second most-watched original series in network history (finale of The Joe Schmo Show -- 3.4 million viewers)
-- Most watched Saturday in Spike TV history -- 1,042,000 average audience (9:00am-3:00am)
-- Outdrew Showtime's live IBF Super-Middleweight title fight featuring Jeff Lacy vs. Scott Pemberton in Men 18-34 by an incredibly staggering 956,000 to 9,000 and equally startling in Men 18-24 with 430,000 to 1,000 for Showtime.
The record-breaking fight night from the Joint at the Hard Rock Hotel in Las Vegas featured Rashad Evans winning the Heavyweight Ultimate Fighter crown by out-pointing Brad Imes via split decision in a classic three-round slugfest. Joe "Daddy" Stevenson also won via points, unanimously outscoring Luke Cummo to earn this season's welterweight crown. Both Evans and Stevenson took home six figure UFC contracts with their victories, as well as Toyota Scion automobiles. In the card's main event, Diego Sanchez proved that he is a legitimate contender to the welterweight crown held by Matt Hughes as he scored a shutout three round decision over heated rival Nick Diaz.
The live finale was the culmination of the 13-week series featuring eighteen men from across North America in a fierce battle for a six-figure contract with the Ultimate Fighting Championship (TM).
Craig Piligian of Pilgrim Films and Television, Frank Fertitta III, Lorenzo Fertitta and Dana White of Zuffa, LLC and Kevin Kay of Spike TV are the executive producers for "The Ultimate Fighter 2." Brian J. Diamond is Vice President, Sports & Specials, Spike TV and serves as Executive in Charge of Production for Spike TV.
Spike TV, the first network for men, is available in 88 million homes and is a division of MTV Networks. MTV Networks, a division of Viacom International Inc.
*data for some late-night broadcast shows not available
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