posted
this whole dividend thing sounds to good to be true.
ok so i only have 195,384 shares...not much but its a little somethin somethin.
now, i should get 32,564 shares of this new divy of SNYY. now....say this restriction is only a year and when that year is up the stock price is what it is now.....$1.50 per share that means ill have $48,846 dollars worth of free stock?
somehow....that just does not seem like it will happen.
they way things are going you would think SNYY will be trading above 3 dollars per share if they stay on track. that would make me a very happy man and i know some of you hear have MILLIONS of shares which means you will have a veyr nice divy.
what is anyones take on that?
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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posted
ok, my Gutt is telling me to unload this ASAP... the whole dividend thing was obviously to try to get the stocks value to climb... Now Friday has come and gone, I have my dividend shares, and now I can see this going back to the $.006 and $.007's... any opinions?
-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain Posts: 517 | From: Philadelphia PA | Registered: Oct 2005
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-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain Posts: 517 | From: Philadelphia PA | Registered: Oct 2005
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posted
If you unload ASAP you'll lose the divi's. I also see it dropping to somewhere around .0007-8 but I may just get a few more shares then. Read back a ways and you'll see that the FCDH share need to be held until around the 9th of Jan. to retain the divi shares. I'm waiting until the SNYY shares actually show up in my account before I make a decision on what to do or how to play my FCDH shares.
Posts: 260 | From: Carbondale, CO | Registered: Nov 2005
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posted
Rbreb: I'm waiting until the SNYY shares actually show up in my account before I make a decision on what to do or how to play my FCDH shares.
------------------------------------------------
You are 100% correct.
IMO FCDH may go to .0005. But the bottom line is will they become a success in the entertainment world. If they do. This could be a big time play. I will probably take my chances that they will become big time. Buying at these low prices and picking up the divy could be a very good deal. Maybe not. But I would rather take my changes with this and maybe get a big time return. With the right PRs it really could run. To me at where I bought it at .0011. If it could run to .011. that would be 1000%. I like the odds that it could do that on hype and news. Take all this with a grain of salt.
Posts: 675 | Registered: Dec 2005
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quote:Originally posted by KillaKmetz: ok, my Gutt is telling me to unload this ASAP... the whole dividend thing was obviously to try to get the stocks value to climb... Now Friday has come and gone, I have my dividend shares, and now I can see this going back to the $.006 and $.007's... any opinions?
Actually, the dividend 'thing' was an actual asset windfall. As of Friday you may have your name on the book of 'Record', but you will not own those SNYY divies until January 7th. If you sell your FCDH shares before January 7th, you then have also sold your rights to the dividends. The dividends must convey with the shares before January 7th.
The MMs are hopeful that your stupid enough to sell FCDH shares before this date so they can recoup the Naked Short Sales of .0005 & .0006. Since no one will be selling any shares before January 7th and since the MMs have masked the real value of FCDH stock (by sideways trading), PPS will actually begin its steady increase. We all expect major anouncements of Name Change, Blackout Merger, USA Representation, expansion both in Canada and USA. Based on dates, forth coming Press Releases, and the fact that the MMs presently have the pps at an artificial level, it will only take the buy of 5000 shares to cause an uptick and the steady rise to begin.
Don't give your hard earned money away to the MM Nazi Muffins! Besides, no one in their right mind, would buy FCDH shares just for the 1 year long restricted dividends. You must wait until January 7, 2007 before you will be allowed to sell the SNYY dividends. Meanwhile, the real reason for FCDH appreciation, is that TFN is expanding in Canada and will be expanding at an exponential rate once in the USA. FCDH/TFN will make SNYY shares look like a drop on the ocean.
MERRY CHRISTMAS
GLTA!!!
Of course, IMHO
[ December 25, 2005, 15:24: Message edited by: Rasica ]
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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[ December 25, 2005, 15:46: Message edited by: Rasica ]
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
Let the fcdh go lower to 0006-0008 it will be a good time to buy more, depending on what your opinion is of fcdh potential.....
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
Anyone able to find the amount of shares outstanding for SNYY?
-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain Posts: 517 | From: Philadelphia PA | Registered: Oct 2005
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posted
No tax bill for 2005. Any tax would be due in the year you receive the dividend in this case we wont be getting the dividend in 2005, but in Jan 2006.
Posts: 167 | Registered: Dec 2005
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posted
Taxes are only applicable when you sell. Its not income until you trade it in for dollars.
Posts: 260 | From: Carbondale, CO | Registered: Nov 2005
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posted
Okay, i have a couple questions... This seems strange to me. Not saying it's a scam but these events are odd.
1. They say you have to have shares of fcdh by the 22nd for the divi I believe.
2. They say they extended it to the 29th.
3. They release ANOTHER PR on the 23rd saying "To clarify the dividend situation, you must own by close of day today, the 23rd."
To clarify? That's not clarifying, that's changing it at the last minute. They changed the date 3 times... That just seems a little weird to me. Then on some other boards they're saying that was a great strategy for them to say that on the 23rd (The clarification PR.) Why? & why would they do that? Also, why would they give someone with 1,000,000 shares of a sub penny stock thousands of dollars of another stock? Even if it is restricted? So what? A year is not that long. Is this a pipe dream or reality? Is SNYY gonna be .0001 by the time we can sell it in a year? Just seems a bit toooo good to be true. Any clarification would be greatly appreciated! Thanks guys...
posted
As I understand it, they said that you have to own your shares by the 29th. That is why the 23rd is important... if you bought in on the 23rd, with the market being closed on Monday, and every stock transaction needing 3 days to settle, you had to have bought in by the 23rd to receive the dividend. That way your buy is then officialy on FCDH's records on the 29th whether you have a margin account, or a cash account, or whatevet you have (it doens't matter what kind of account you have, all transactions need 3 days to settle on FCDH's books).
Besides that, this stock would go nutz if we get a PR anytime soon... we need it. I would love to know how many shares SNYY has outstanding still... I am trying to figure out how this whole dividend thing will affect their marktet value.
-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain Posts: 517 | From: Philadelphia PA | Registered: Oct 2005
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posted
Okay that clarifies the date thing a bit, even though their wording was a little odd. BUT, this just doesn't make sense! Why would they give us free shares of SNYY? I know that big companies pay out dividends all the time as a reward... But this company is worth a tenth of a penny. They aren't exactly Microsoft. They say it's to show appreciation to their loyal shareholders? Loyal shareholders? I bought this last week because I heard about the divi and the fight network news. I'm not loyal or deserving of thousands of free shares. This is a business world and I just don't understand why such a small company would give out SO MANY free shares to anyone that wanted to jump on the wagon over the last 2 weeks while this deal was in effect. Doesn't it seem a little odd to you guys?!? I feel like I'm taking crazy pills!!! Seriously, if anyone can shed some light on this mysterious move by such a small company i'd appreciate it. If you're all as bewildered as me and don't have a logical reason, I'm sure we'll find out how we're getting screwed in the near future to a year from now It would be great if it was a good as it sounds though... That's for sure. Thanks in advance for any useful input!
Posts: 1031 | Registered: Sep 2005
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posted
FCDH sold Kachina Gold Mine & Terra Block to SNYY, so as to invest more into Blackout/The Fight Network.
SNYY paid FCDH from restricted shares for the value of Kachina Gold & Terra Block. The windfall from the sale of these two companys was based upon the value of SNYY shares at the time of purchase. The value of SNYY at that time was $1.20 PPs which equated to approximately $0.20 PPs of all FCDH shares. This was exactly a 6:1 split, IOWs, for every 6 shares of FCDH $0.20 would equal 1 share of SNYY $1.20. 6 X $0.20 = 1 X $1.20 This formula to derive the 6:1 split would mean that if every share of FCDH was to be cashed in on that day, it would have brought $0.20 PPS. However, since they were restricted, this value is not realized and it maybe realized for less or more after the 1 year restriction is lifted.
What does SNYY get out of this? --> They get Kachina Gold Mine and Terra Block with all their contracts.
The windfall/dividends from the sale of both companies was paid to FCDH with restricted shares. This means that FCDHers will be able to cash in their SNYY shares on January 7th 2007 at the value of SNYY at that time.
To date, the SNYY shares have increased in value by $0.30 PPs, which now equates to SNYY $1.50 PPs.
GLTA!!!!!
Of course IMHO
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
There are two ex-dates. One is T+3, (this is 3 days before Record Date), & the other is Ex-Dividend this is 1 day AFTER Paydate 1/06/2006. You must hold your shares from December 23rd through January 6.
If you sell your stock before the second ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid. http://www.sec.gov/answers/dividen.htm
GLTA!!!!!
Of course, IMHO
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
A question has been brewing in the depths of my head, and finally it has matured into a large enough creature to swim to shallower waters...
If FCDH traded their other interests to SNYY in exchange for shares to bring more $$$ to drop on TFN, wouldn't they have to then sell those shares to gain cash? It seems instead those shares are being spread among holders... I'd rather see that value being applied to more of an interest in TFN.
Anyone have any idea how the additional funding for TFN came about from the deal with SNYY?
quote:Originally posted by Rasica: There are two ex-dates. One is T+3, (this is 3 days before Record Date), & the other is Ex-Dividend this is 1 day AFTER Paydate 1/06/2006. You must hold your shares from December 23rd through January 6.
If you sell your stock before the second ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid. http://www.sec.gov/answers/dividen.htm
GLTA!!!!!
Of course, IMHO
The confusion here is due to there being *no* ex-date; this split traded without an ex-date, because the divvies are restricted shares; hence the T+3 application...
quote:Originally posted by yipching: A question has been brewing in the depths of my head, and finally it has matured into a large enough creature to swim to shallower waters...
If FCDH traded their other interests to SNYY in exchange for shares to bring more $$$ to drop on TFN, wouldn't they have to then sell those shares to gain cash? It seems instead those shares are being spread among holders... I'd rather see that value being applied to more of an interest in TFN.
Anyone have any idea how the additional funding for TFN came about from the deal with SNYY?
J
Easy Yip, They traded shares to TFN, depending upon the new interest level, Sandy would/could correspondingly finance personally as well. We haven't been told how or if it has been done yet. However, I believe the details would be forth coming at that time.
GLTA!!!!
Of course, IMHO
[ December 26, 2005, 14:27: Message edited by: Rasica ]
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
Something about this just doesn't seem to be adding up. The thing I am afraid of is after we receive the dividend, what is going to happen to SNYY's value? If the shares that are going to be given out are being offered becasue they are diluting the stock to pay the dividend, well the value will obviously drop. With a 6:1 offering, and how many shares of FCDH people own, that is ALOT of shares. That is why I would like to know how many shares of SNYY are oustanding...
OK Peoples, so once the dividend is payed out, what do you see happenening to FCDH and SNYY's market value?
-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain Posts: 517 | From: Philadelphia PA | Registered: Oct 2005
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quote:Originally posted by Rasica: There are two ex-dates. One is T+3, (this is 3 days before Record Date), & the other is Ex-Dividend this is 1 day AFTER Paydate 1/06/2006. You must hold your shares from December 23rd through January 6.
If you sell your stock before the second ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid. http://www.sec.gov/answers/dividen.htm
GLTA!!!!!
Of course, IMHO
The confusion here is due to there being *no* ex-date; this split traded without an ex-date, because the divvies are restricted shares; hence the T+3 application...
Even the T+3 is non-published, and the ex-dividend date which is 1 day after Pay Date is non-published. THAT SAID, AS I HAVE POSTED ABOVE, WE ARE USING THE SECs GUIDELINES. I absolutely agree with you Tex, nothing on the ex-date as definate has been released.
GLTA!!!!
Of course, IMHO
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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quote:Originally posted by KillaKmetz: Something about this just doesn't seem to be adding up. The thing I am afraid of is after we receive the dividend, what is going to happen to SNYY's value? If the shares that are going to be given out are being offered becasue they are diluting the stock to pay the dividend, well the value will obviously drop. With a 6:1 offering, and how many shares of FCDH people own, that is ALOT of shares. That is why I would like to know how many shares of SNYY are oustanding...
OK Peoples, so once the dividend is payed out, what do you see happenening to FCDH and SNYY's market value?
1)What is going to happen to SNYY's value?
As in all stocks, the value over a year period (restricted stock) may either go down or up!
2)They are diluting the stock to pay the dividend.
Sandy sold Kachina Gold Mine and Terra Block with its contracts to pay for the dividends. The dividends will be released to be sold on or about January 7th 2007. Sandy Winick gave a Press Release which informed shareholders of NO REVERSE SPLIT. FCDH had only 2.5 O/S no dilution. Dividends will be paid by SNYY value and not by FCDH value, therefore FCDH price will not drop when cashed in. FCDH value should increase proportinately if by Name Change, Mearger with Blackout/The Fight Network, expansion of TFN in Canada & U.S.A.
3)That is ALOT of shares.
It is actually a great deal less than QBID had when it made its historical climb. Here, FCDH is already on the air waves in Canada and expanding. Again, far far less shares.
4) That is why I would like to know how many shares of SNYY are oustanding...
Since SNYY is already at $1.50 PPS....I find your question a moot point!! Nothing to worry about here.
GLTA!!!!
Of course, IMHO
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
i hate to rain on your parade but the SNYY divi is not going to be what everyone thinks.
1)You will not beable to find buyers for all those shares that will flood the market for SNYY. The largest sustained volumne in a 3 year history is 30,000, and that looks like when it initially hit the public market. 2)Were talking about thousands of shares coming through of SNYY, i think the price is going to plummet like a rock going balistic. The company just can't handle the volumne thats going to go through imo. 3) the activity of 3 years is almomst negligable. It has been walked up but your talking 500 shares here, 1000 shares there. Its nothing compared to the big picture.
Just speculation and observation, im hoping for the best, however giving the history of SNYY i dont see everyone making the fortune they think they are. again JMO.
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it. Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004
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posted
MM, I think most people here are more interested in TFN. It depends on what rains. That company has another year to show its performance. I was up 5 gs in fcdh last week, it alleviated a lot of the immediate pain involved with thinking of the future of snyy.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
I would think that after this divi deal on FCDH that they did, they'd have to give up more than 38.5 million shares of SNYY to the FCDH investors. I mean I'm a small fry and i'm supposedly getting almost half a million myself. Do I own 1/78th of SNYY now? Hah! There's more to this and we'll all soon discover what that is I'm sure.
Posts: 1031 | Registered: Sep 2005
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