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We'll looks like all my money is gone my etrade acct for best says 0 when do we even get anything out of this.
I would have been so happy to be wrong about the 200:1 ratio. I guess it's the way it goes. Now RNIN needs to get to $2.50 just for me to break even! I'm done playing stocks. ALL the pennies are BS! I'll spend my money on sportsbetting. Better return rate!
BCST: Acquired by Ronin Wireless (RNIN). Shareholders receive .00535594 share of RNIN for each one share of BCST. Deletion Time: 08:47:59.
http://www.otcbb.com/asp/dailylist_detail.asp?d=08/12/2014&mkt_ctg=NON-OTCBB
The AS expanded to 1.5 billion, and 1.1 billion new shares were issued for the debt. RNIN allocated 7 some-odd million shares. Do the math! It all depends on what the actual OS is, and I believe it to be in the 1.4 billion share range.
How long will it take for our stocks to get split? Really 200:1? 200:1 must be on top of our current share qty,correct? What ever happened for the 3.75:1?
I hope I'm wrong about this math, but I think we're going go get roughly 200:1 for our BCST shares. For me at current prices, RNIN would need to quadruple for me to break even.
Now it's time to see what happens with creative realities! Will they increase sales and get east cost contracts?
Merger Completed!!!
BSCT is going to pop!
http://finance.yahoo.com/news/wireless-ronin-broadcast-international-announce-120000508.html
Thank you for the insight. End of summer would be fabulous otherwise it sounds like we are s.o.l at end of October.
It's already a done deal on paper. Just carrying out all the logistics. My guess is, the end of the summer it should be all said and done. But still no word on updated swap structure of shares. I won't be one for one, and it's a lot harder for a dime stock to double than one under a penny. If this thing breaks a dollar before it's complete, I'm out at a small loss. I'm not sure how successful the 3 companies merging into one will be, and it will likely be many years before the price even gets most of us bcst investors out with a wash.
I would say they working hard at it. At lease I hope so. I don't want to loose all my money.
What kind of chance do we have that the merger will ever finalize?
You think someone knows something Good!
I've seen 100 share paints before, but 15? What the heck is that? 10 cents worth of stock? What are the MMs trying to signal?
You are right about the few holding the most cards...
In a stock like this, that's probably 5 people. Doesn't take much to make a majority. Without the merger we'd be sunk. Have you read the most recent financials? I've never seen a company try so hard to not lie about how bad the situation is. This merger is our last chance of redemption.
Well what's this mean it says the majority of shareholders voted well I didn't vote so is any of this going to help us or our we screwed.
It's going to happen period end of story. The board and big shareholders already approved it. Unless the merger falls apart(which would probably be even worse.) The silver lining is that the par value of new shares is .005, so it's not far under where we are now, and companies holding stock as debt will usually try and get double the par value, so even with massive dilution, we might still be alright. Still not sure how this will work post merger though. Do we get equivalent shares in rnin?
Hopefully BCST does not exercise the Dilution....what are the chances???
Yah...this what I was concern about. Hopefully, hopefully it will not happen. Keep hope alive!
This notice may not be promising.http://www.codecsys.com/pr/20140703.pdf So the O/S is about to take a 500% increase. That's 1.1 billion new shares issued for the debt. What will we actually get out of this deal as shareholders post-merger?
Once the merger is complete BCST share price with gap up because of RNIN .70 currently.
http://stockcharts.com/h-sc/ui?s=RNIN&p=D&yr=0&mn=6&dy=0&id=p70790700128
It is very tight which is a good thing if we get good news. Does any one know the chance of dilution after merger????
Well I have a Oder for 18000 in and they won't move the buy up to .0080 that's what my buy is at why are the market makers keeping this down.i put the buy in Thursday morning.
The 8k should be out in a couple days when it's released the confirmation will explode BCST with RNIN trading at .70 now.
Yep time to get in now before it hits the larger market. ETRF @.0155 not many shares available very difficult to add here.
Sweet news! Mergers all around, pps is up. Confirmation our merger should finalize in a month. Hold tight til then! The mm's have backed way off to 1.5 pennies. Double what it was yesterday.
Get ready for this Pig to fly!!!
his stock bcst is going too 0.0002 in the coming day and then its time to pay $$$$$$$$$$
Any particular reason for this that you might want to enlighten us with...
Me to. Thanks for the encouragement .
Me too. However friends still believe this will fly sky high in the coming months. So i'll just wait and see
Looks like I was wrong and I'm starting to loose faith in this company.
I've just been here since Jan and I'm not going any where it got to get to .0280 just to break even I started at .0440 and averaged down so I'm here for the long hall or go down with the ship.
I have been here from the very beginning...when BCST bought it from Interact.
Heck if I know but the company seems to be surviving and things could turn at any time and I'm here for the long haul just hope it goes up.
Why might that Be you think.
Looks like someone working hard to keep this down .
Most honest 10-q financials ever from a penny stock. It's certainly not good, but at least they're honest and up front. Only hope of salvation now is RNIN merger.
Hope you are right bro! Lets see!
Financials out sat, they should be current now I don't think they would of got up to date for nothing. Think we will be in for a good surprise .
Well I don't know but I might be crazy I'm going to hang in there. I think the fact that they gotten current with there financials is a positive step.
We'll hope things change here I'm very sad.
Today is the day to play BCST/RNIN arb before RNIN earnings cal.l .07-.10 value post merge!!!
Dont get me wrong bro. I sure hope the same! GO BCST