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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » TWOG NEWS, Confirmed Dividend (Page 16)

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Author Topic: TWOG NEWS, Confirmed Dividend
Trasq
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Opethian. They are going to be replaced. 10 TWOGs for 1 ILGY.

Mac. Exactly, the value of ILGY is 0.65, so the value of TWOG is 0.065. From there up and down, but not up and down at 0.02.

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dmort
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You're right. What I am trying to say is that there is no downside that I can see. TWOG runs to 6-8 cent range - sell. Or hold for ILGY and see what happens.Frankly I hope we get a little run.
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coalkickin
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You see the volume on ILGY? What do you guys think is going to happen after the conversion when everyone attempts to sell? Make your own decisions, but think about it.
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njs300zx
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where's the movement?
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Trasq
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All shares of TWOG will add to the volume of ILGY.

Example: ILGY 587, TWOG 1,200,000

New Volume 587 + 120,000 = 120,587

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coalkickin
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And this added volume...you think they will be buying ILGY, or trying to sell their converted TWOG? I hope I am wrong...Good Luck
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JHenry
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I am trying to load up before the news comes out. It's not doing much now - got a partial fill at .0175
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njs300zx
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where is this news?
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JHenry
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Just the next press release they said they were going to release - would expect it to be today or tomorrow.
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banger
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When is the div. determined ? Is it at market close on the 24th we get 1 per 100 of ILGY close price tomorrow ?
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amswap
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No, you get 1 for 10.
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JHenry
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Why does everyone talk about the divy on the 24th? They have stated the divy is the second week of April, the record date is the 25th but that doesn't mean anything to the shareholder.
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SuperSniper00
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The ex date will be 1 day after pay date. Which will be second week of april. The 24th is meaningless to us.

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*I'm not a financial expert or advisor, everything stated is my opinion*

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JHenry
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The price would be set the day before the ex-date.
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JHenry
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And that's the news they said they would release soon (the ex-date as well as the other dates). I would expect, because they said they would specify the dates soon, that they would send out the press release to include the record date. If that is they case and they want to lay it all out - they would issue the press release before the record date passes, which means they would issue the press release before Saturday.
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njs300zx
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Wow I was expecting a little more today then this lol
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reidler88
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if this thing doesnt go up,
and we get the divy of ilgy,,
what is the worst case scenerio??????

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njs300zx
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we get what ever ILGY is at at the time of the Divy. =O
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JHenry
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ilgy drops like a rock - worst case
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njs300zx
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yup you got it.
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reidler88
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do you think ilgy will drop below .65

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Sometimes its easier to beg for forgiveness than ask for permission.

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njs300zx
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Who knows. Seems pretty steady there for now.
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bigdomer
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ilgy would have to drop to .20 for you to lose anything.. you think igly is gonna drop 60% after an aquisiton... new volume will attract institutions and they will buy on any sell off.. twog is free money right now... trust me..
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Robbie English
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Well, I think the day traders were flipping her, as all the SELLS are posted. No new buys??? This has not allowed it to run up as they have not let it go past .0270

This probably will run up late day or tomorrow as most are scared either to get shut out, or locked in depending on their position.

I do not believe that they are suspending the trading as there has been no news as to when TWOG will stop trading.

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JHenry
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I bought CDGD for a share divy of ANII. Bought CDGD at $1.36 - CDGD has very low volume. Shortly after the divy CDGD bid has been at .15 since. My initial investment went from $1800 to $210 on CDGD but I made $500 off the divy ANII.


2/28/2006 ANII SOLD 167 SHARES OF ANII AT $3.25 ($7.02) $535.73
12/9/2005 ANII TAX EXEMPT DIVIDEND/SPINOFF OF 167 SHARES OF ANII $0.00 $0.00
12/5/2005 CDGD CAMBRIDGE HOLDINGS LTD NEW 12/2 DIVIDEND ON 1400 SHARES OF CDGD $0.00 $259.28
12/1/2005 CDGD BOUGHT 500 SHARES OF CDGD AT $1.36 $0.00 ($680.00)
12/1/2005 CDGD BOUGHT 400 SHARES OF CDGD AT $1.36 $0.00 ($544.00)
12/1/2005 CDGD BOUGHT 500 SHARES OF CDGD AT $1.36 ($7.00) ($687.00)


Positions (My Investments)
Symbol Qty Price Mkt Value
CDGD 1400 0.15 210.00

So much for that divy.

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njs300zx
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We are going to be millionaires Hahahaha
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Robbie English
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Bargain prices here!!!!
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Opethian
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Hey Robbie English, I heard you asked Simon's opinion on sub penny radio and then I got booted, did he have something to say on TWOG? (and CNES?)
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Opethian
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or was that rob_seller? lol
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Robbie English
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CNES he feels this is the right level to get in on it. The support is going to be good between .0008-.0010. With money, and volume it moves eventually.

TWOG- He never got to it yet, waiting to see if he says anything.

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Opethian
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Thanks! I love that station lol, but it's always full! Anyway, TWOG seems to have good support at 0.019, everytime UBSS drops its price from 0.02 to 0.019 people are buying
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Robbie English
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OK he is discussing now but got a caller on TWOG
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Opethian
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can't get in ARGH hehe
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bigdomer
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some people are really gonna kick themselves tommorow for selling
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Trasq
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Nothing new. People waiting until they get the details.

In case shares are restricted (don't think so) they cannot restrict what we have now.

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