posted
And just to get it out the way, just to you there Ricky
Outstanding Shares: 2,530,142,699 as of 2005-10-26
Estimated Market Cap: 1.265M as of 2005-11-28 (based on Outstanding Shares as of 2005-10-26) Authorized Shares: 10,000,000,000 as of 2005-10-26 Float: 1,000,000,000 as of 2005-10-26 Number of Shareholders of Record: 2,600 as of 2005-03-21
Current Capital Change: shs decreased by 1 for 10000 split Ex-Date: Record Date: Pay Date: 2005-03-21
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posted
...that type of post could be applicable for a very, very large number of the stocks you encounter here. What you need to be careful with is that those type posts address the past and not the future. In order to have a balanced view you must DD the present. As per CEO no R/S, no F/S, TA confirms no dilution and the three subs can potentially generate revenues with TFN at the verge to land a US carrier.
From another board
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon.
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First Canadian American Holding Corporation Announces It Has Sold Its Interest in Kachina Gold Corporation and Terrablock Inc. to Suncrest Energy Inc. Dec 5, 2005 11:23:00 AM TORONTO -- (MARKET WIRE) -- 12/05/05 -- First Canadian American Holding Corporation (OTC: FCDH) announced today that it has sold its interests in Kachina Gold Corporation and Terrablock Development JV Inc. to Suncrest Energy Inc.
In a move that was wildly anticipated, First Canadian has decided to divest itself of some non-core assets to focus entirely on The Fight Network. The exact terms of the sale were not disclosed but it was a straight sale of assets for stock in Suncrest Energy Inc. The value of the Suncrest stock that was acquired by First Canadian equates to about $0.20 per share of value to each and every share of First Canadian held by our current shareholders. "This is a huge windfall for the company and our shareholders," states Sandy Winick of First Canadian.
"This sale of what our management believes are non-core assets will enable us to focus our efforts and resources entirely on The Fight Network," said Sandy Winick, President of First Canadian. "Even though these assets represent a lot of growth potential we see The Fight Network as the future of First Canadian and expansion plans surrounding that asset as the place where we want First Canadian to be. We believe the growth of The Fight Network brand will provide our shareholders with the greatest opportunity for capital appreciation."
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
FCDH news here also SUNCREST ENERGY Announces It Has Purchased Interests in Kachina Gold Corporation and Terrablock Development JV Inc. Monday December 5, 11:21 am ET
TORONTO--(MARKET WIRE)--Dec 5, 2005 -- Suncrest Energy Inc. (Other OTC:SNYY.PK - News) announced today that it has purchased interests in Kachina Gold Corporation and Terrablock Development JV Inc. from First Canadian American Holding Corporation. “We are very excited by the purchase of these assets from First Canadian,” says David Alexander, President of Suncrest. “Adding these two assets to our portfolio brings the number of acquisitions to four in the last two weeks for our company.”
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posted
This thing has already moved pretty fast. -think we could see .0008 today? If I got in now would it be good for a sell first thing in the morn for the gapper?
(Rookie here - no flaming allowed) Thanks
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gapper tomorrow
