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Why blow $15 million when you can do a 1:1000 R/S? I'm not saying they will, I am just saying that it would be one answer to the situation you have laid out. RVMN is attempting a similar feat.
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why would the CEO want to do that when he has 2 billion of restricted shares. a CEO will not screw himself like that. after all, they are in for themselves, no?
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2 million shares in a better pps range may be more attractive to him. The O/S is WAY too big and has to be shrunk. To buy back 3-5.?? billion shares does not make much sense.
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Can you give me an example of a company that bought back 3-5 billion shares? There is no guarantee that, even if they buy back the shares, the pps will rise to the level that is equal to the share structure. And when they buy back shares they decrease the value of the stock anyway, cuz they take it out of the revenue of the company. Would they really want to do that, when they can R/S and achieve all their objectives? Again, I am not saying they will do this, I am not bashing the stock, I am just giving food for thought.
quote:Originally posted by bmwboyee: we won't see a r/s. it is just plain and simple. we all have our opinions.
here are some figures for you:
2 million * .03 = $60,000 2 billion * .003 = $6 million
which one looks better to you ?
MM's Talking
100 sale means: MM needs shares
200 sale means: MM needs shares bad lot of orders he can not cover
300 sale means: MM is going to take price down to get shares
400 sale means: Trade sideways
500 sale means: Gapping up or down depending on which way the sale went. buy = up : sale = down
what do u think this means?
Time & Sales Price Size Exch Time 0.0004 500 OTO 15:59:40 0.0004 190000 OTO 15:56:39
posted
Max, you aren't looking at the big picture. If the company buys shares at this level, they can soak up a lot and minimize the price. then they will only have to pay a premium for less shares. Macro is easy worth .003 in itself. I don't think a R/S is answer at all.
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If you think about it, a 3-5 billion share O/S is like a F/S that dilutes the stock. A R/S would just be bringing it back to where it should be.
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Im glad that you are talking about this guys. I dont think that they will do a reverse split either. JPHC has been around long enough to know that a r/s really doed not advantage the pss in the long term. Usually the pss goes down after the first news of a r/s and continuse to plummet after that. I think that we will see JPHC go way up without a r/s. This is my opinion of course. Next week we should see some good volume and action. The following week hopefully a good pr that will kick this into outer space. Im in for 4 mil at .0003 and looking at selling off at .0005, .0008, and .0012, and then reinvesting as looks fit.
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Look, I feel your pain. R/S talk sends me running for the hills. It is why I try to stay away from stocks that want to go "legit." The price of becoming a big boy is that you have to clean up the structure of your stock.
quote:Originally posted by bmwboyee: Max, you aren't looking at the big picture. If the company buys shares at this level, they can soak up a lot and minimize the price. then they will only have to pay a premium for less shares. Macro is easy worth .003 in itself. I don't think a R/S is answer at all.
posted
The stock last traded at .0004? How much further can it go down? To 0? I'm sure they wouldn't lose sleep over that.
quote:Originally posted by JOELGA: Im glad that you are talking about this guys. I dont think that they will do a reverse split either. JPHC has been around long enough to know that a r/s really doed not advantage the pss in the long term. Usually the pss goes down after the first news of a r/s and continuse to plummet after that. I think that we will see JPHC go way up without a r/s. This is my opinion of course. Next week we should see some good volume and action. The following week hopefully a good pr that will kick this into outer space. Im in for 4 mil at .0003 and looking at selling off at .0005, .0008, and .0012, and then reinvesting as looks fit.
posted
max, it was just trading at .0002/.0003 for bid/ask. and yes, it can go down further. you will not see a r/s. but i am not going to go back and forth on this. we could do it all night. i understand where you are coming from but i also have my views. So good luck to all. Do you have a position Max?
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I wish you luck man. I am not saying it will happen. I just say, watch out, cuz they will probably surprise you with it. I don't own any of this stock, but I HAD it on my radar, until I heard that they wanted to clean up their act.
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Well Im with you on this bmw. Only time will tell what happens, and possibly JPHC has a different agenda than we. But I still say that a r/s is NOT in the works. Max you have your own opinion... we will see.
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2 million * .03 = $60,000 2 billion * .003 = $6 million
which one looks better to you ?
According to your calculations you would be doing a 1:1000 reverse spilt bringing the shares to 2 million but the share price would be going from .003 to .03? Why would you only go up by 10X not 1000X? Would it not make sense that if the shares dropped to 2 million the indifferent price would be $3 not .03? I am just interested in how you came up with $0.03. Or are you just assuming the pps will fall after the r/s?
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Fergy, if you will study and see, just because you do a R/S for 1:1000 does not mean your stock will rise to that price. Look at IGTG. It did a 1:40 split and the stock price went from .08 to .09 the next day. the stock now sits at .24. just because you do a R/S does not mean the PPS will reflect it. If they did a R/S it would NOT bring the stock price to $3. You will not see $3 in this stock unless they got on the OTCBB and had PROFITS of 300 million. Plus they are smarter than that because anytime you do a R/S the stock price suffers.
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So you believe this would only result in a pps of $0.03? I see where you are coming from but I am curious where you get the figure from, just speculation? This is not meant to be rude just curious.
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You guys are all way off base. The company acquired 2 billion shares recently and will hold these shares for a buyout. The share are currently restricted most likely for a year or right away if bought out. Its a nobrainer for JPHC to sell out. They bought Macro for pennies on the dollar and at these prices the market cap is only 2 million. The produce 12 million plus in revenues and are most likely breakeven. The should be profitable by 2nd quarter if not late first quarter.
Do you realize how much a 12 million dollar company that is breakeven or profitable in the most highly sought out industry (telecommunicatioins). This stock can easily be valued at .005 and still not be overvalued. Most companies like Macro trade at 2x revenues which would put them at .005 right now. This is why JPHC has retained the help of EVans and Evans to determine there true worth. Once this is done from a 3rd party it will give instant credibility to JPHC and there value.
My guess is there are already a few buyers lined up for prices in the .003 - 5 range. This stock has been forced down and this is why JPHC is doing this. They know Macro only is worth 10x higher and also they have the right to buy into 50 percent of VXBX at any time. This is a huge bargaining point because VXBX is in the early stages of becoming the Vonage of Canada and soon the U.S.
The o/s will be meaningless after the buyout because they will just convert the revenues into the new company and issue stock accordingly.
Nowhere to go but up from here. You guys need to do some serious DD on Macro. I have done mine and talked to the right people. That company is kicking into full gear and will be bringing in north of 20 million by end of 2006.
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Also the spinoff will happen within a few weeks and most likely Hawkins and management will be running the show there. THere minds have been made up to sell Macro for sure in my opinion. This is exactly why they retained Evans & Evans.
Dogcatcher thinks there is already a company from the bulletin board lined up to make a bid. I believe him. He has been 100 percent correct with regard to news up todate.
Evans and Evans will also do a very thorough examination of the float and o/s and will know where every share is exactly as far as anyone shorting this. Before the deal is done to be acquired everything must be in good standing to the new buyers which means if there are a ton of shorts which i believe there is at least 500 - 2 billion short right now) then all those shares will have to be accounted for and settled up prior to being acquired. If this happens then JPHC will have tremendous strength the next few days to weeks from the shorts covering there positions. My guess is by March this stock will be easily at .002 - 3.
Like i said before Macro is for real and has real revenues and this will be proven soon enough.
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I agree with you completely. I know that JPHC is way undervalued and that is based on Macro and the developments they have made. It makes absolutely no sense for this stock be at 0.0004 when they have revenues of $12 million and they are growing. Myself, I am just wondering where some come up with their figures for me to understand their approach. I appreciate all the information and views on the board.
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The reason that the O/S will NOT be meaningless, is because there are people with 10s of millions of shares of this stock. That is not going to fly when they have to bring the O/S down. When they "convert the revenues into the new company and issue stock accordingly," shareholders are going to lose millions of shares in what is basically a R/S.
quote:Originally posted by Bigdogs:
The o/s will be meaningless after the buyout because they will just convert the revenues into the new company and issue stock accordingly.
Nowhere to go but up from here. You guys need to do some serious DD on Macro. I have done mine and talked to the right people. That company is kicking into full gear and will be bringing in north of 20 million by end of 2006.
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