posted
ya but isnt is the 20 day average of APOA? from what ive read the JPHC price really doesnt matter, we are getting the .005 in X amount of APOA. where X=20 day average PPS of APOA
-------------------- drummer. rock and cash all that matter.
IP: Logged |
quote:Originally posted by sbrcow: ya but isnt is the 20 day average of APOA? from what ive read the JPHC price really doesnt matter, we are getting the .005 in X amount of APOA. where X=20 day average PPS of APOA
CONVERSION OF THE TARGET COMMON STOCK OF TARGET . Each share of Common Stock of TARGET issued and outstanding immediately prior to the Effective Time shall be converted into and become a right to receive one-quarter (0.25) of a Share of Common Stock (“Conversion Price”), subject to adjustment as provided herein, of the PARENT (the “Issuable Shares”) and shall automatically be canceled and retired and shall cease to exist.
HERE IS THE NOT SO GOOD PART!
The Conversion Price is premised on the market price of the PARENT’s common stock at the time of execution of this Agreement, being $0.02 per share (“Market Price”). The Conversion Price shall be adjusted proportionately should the average closing sale price of the PARENT’s common stock for the 20 consecutive trading days prior to the Closing Date be greater or less than the Market Price.
IP: Logged |
posted
ok I think we should probably get .005 per share still, although that can change. I think the 20 day average of APOA is what we get to buy it at(transfer to) so if the 20 day average is .007 we get .005 x how many shares we have then devide by .007 .......am I wrong lol so I would like to see APOA tank...no offense lol
quote:Originally posted by NEL: From APOA April 21, 2006 8-K
CONVERSION OF THE TARGET COMMON STOCK OF TARGET . Each share of Common Stock of TARGET issued and outstanding immediately prior to the Effective Time shall be converted into and become a right to receive one-quarter (0.25) of a Share of Common Stock (“Conversion Price”), subject to adjustment as provided herein, of the PARENT (the “Issuable Shares”) and shall automatically be canceled and retired and shall cease to exist.
HERE IS THE NOT SO GOOD PART!
The Conversion Price is premised on the market price of the PARENT’s common stock at the time of execution of this Agreement, being $0.02 per share (“Market Price”). The Conversion Price shall be adjusted proportionately should the average closing sale price of the PARENT’s common stock for the 20 consecutive trading days prior to the Closing Date be greater or less than the Market Price.
posted
If you look at the T&S on this you will see a lot of trade are for under 100k shares. Two things jump out. First these could be partial fills. If that is the case then the MM's are not selling their shares. The are waiting for sells to fill the orders. They do not have enough shares to fill the orders out of their stock at these prices.
The only other explanation is they are trading with each other to keep the PPS down.
Either way it shows some desperation on their part.
posted
Why is that not good. The value of the JPHC stock is .005 no matter what happens to APO's stock price. If APO is trading at .005 fo rthe 20 days preceding the sale, then we get 1 APO share for each JPHC share, instead of 1 for every 4 JPHC shares.
quote:Originally posted by NEL: From APOA April 21, 2006 8-K
CONVERSION OF THE TARGET COMMON STOCK OF TARGET . Each share of Common Stock of TARGET issued and outstanding immediately prior to the Effective Time shall be converted into and become a right to receive one-quarter (0.25) of a Share of Common Stock (“Conversion Price”), subject to adjustment as provided herein, of the PARENT (the “Issuable Shares”) and shall automatically be canceled and retired and shall cease to exist.
HERE IS THE NOT SO GOOD PART!
The Conversion Price is premised on the market price of the PARENT’s common stock at the time of execution of this Agreement, being $0.02 per share (“Market Price”). The Conversion Price shall be adjusted proportionately should the average closing sale price of the PARENT’s common stock for the 20 consecutive trading days prior to the Closing Date be greater or less than the Market Price.
posted
honestly not like it actually matters whats going on . no one is selling today and the majority of us are floating with the current. we will get clearer news in a couple days. vodka please.......
IP: Logged |
posted
lol amazing, all MMs go off the bid to scare people that its going to 0.0005, then when 1 MM is left and no buys are going through, a few MMs jump back up at 0.0006
IP: Logged |
posted
Yes, let it tank. We get more shares. Let it go to .0025, then we get double the amount of shares and can sell for 200% gain (if you bought at .0012).
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
IP: Logged |
posted
i hate to say it but i really don't think the .005/share is guaranteed...that number was based off of a .02 closing price of apoa on 4/21...therefore, at their conversion rate .02x.25=.005 value for JPHC shares...now if the average price for APOA falls to .01 for the 20 day period they speak of...why wouldnt our JPHC shares be worth a value of .01x.25=.0025??? this is how I believe it works from reading the filing over and over again...even if this were the case...although this still is not the great news we wanted (i.e. cash) it would seem that APOA would have to average .005 or less during those 20 days for the majority of the people to lose money if they held their shares...is this not how its being done???
-------------------- Eat, Drink, and Be Merry
IP: Logged |
posted
i just hope they make it not restricted. OO OO OO what about if there is an epic battle going on between Hawkins and the APOA CEO where hawkins wants common shares and APOA guy wants restricted and they cant decide by may 30th and we get to keep our JPHC and maybe find a new buyer. that would be dreamy...*Sigh*
-------------------- drummer. rock and cash all that matter.
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
