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its 10.00 on scottrade but .01 on yahoo....FWIW
I'm wondering why I'm seeing the price listed at .01 for this. I called ameritrade and they didn't know either. Could they be adjusting the split? Mark said they were going to see what they could do to help us out.
Damn.....She got a sister?.......lol...et z
MMMMM..buttered and deep fried...my favorite
Hey, that looks like my daughter!
Lend her your shirt for crying out loud!
...er, that's not her, keep your shirt on.
Don't forget your sun screen (for her) and a Bucket of Chicken...LOL
I Got My Shares This Morning
and I'm off to the beach. Sick of looking at you guys.. I need a change of scenery.
i got my shares this morning, and i'm gonna put them @.0001!!!
just kidding.
I got my shares this morning and also put my sell in for 50.
Got my shares this moring. gonna put them for sale at $50.00
Very nice!!!...Kudos.......et z
David "lefty" Picasso ...
A Masterpiece...
Never a doubt in my mind that you were going to carefully place your paint on this canvas...
If they don't appreciate the beauty of this fine piece, they will be forever deemed classless.
All the best.
If That Doesn't Do It, Nothing Will
Remarkable work.
Now, can you go and write the OSC and tell them to forget about BHUB and let it trade again, and while they are at it cancel the illegitmate shares? Thanks, lefty, I'll always remember you for that one too.
fringe
here is the letter I wrote tonight:
Dear Joseph, Mark, David, et al.,
I am writing to suggest a way out of the mess you've created recently in your attempt to go public in the United States. For some bizarre reason, you decided to enter the public markets by stealing $820,000 from unsuspecting investors, many of whom, myself included, had enthusiastically invested in Dixie Lee after the names of Mark and Joseph appeared on the Nevada state website under the Wood Products shell . Whether intended or not, you have completely wiped out many investors who had jumped at the chance to invest in your company, trusting that you would not completely reverse split our investment out of our hands.
Whoever came up with this brilliant idea is not very smart, and apparently does not like people. $820,000 is a lot of money to most of us, probably you too. Here is how you make things fair for both yourselves and investors.
Do a 1 for 100 forward split. This makes a cumulative reverse split of 10 for 1, leaving the public float at 8 million shares. Then add 92 million shares for you the insiders. 92 MILLION. The company is going to stand or fall on the business in the end, and you already have a proven business model.
You'll start out at 1 cent, but that will last about 2 seconds because investors will trade this up towards a dollar very quickly. So, very quickly your shares will be worth around $90 million. I currently estimate that you have net profits of a couple million dollars which will easily support a market cap of 100 million dollars, or $1.00 a share.
And now you're not villains, you're heroes, and you have $92,000,000 for your heroism. Sound fair? I think so. It would have been unfair to you not to reverse split at all, but the 1000 for 1 was criminal. You're at $1.00 a share now, if you forward split, you'll be bought up to a dollar and everyone wins.
When you reach your goal of 450 restaurants in the United States, I estimate you'll have 10 million in net profits, which with a PE of 40 gives you $4.00 a share, which is a $400 million market cap, $368 million of which will be yours. You didn't need to steal anyone's money to make this, your company is good enough to get there honestly.
The 1000 for 1 is a stain on your corporation that can never be removed, but the forward split will quickly cast your company as an honest company that made a mistake and took the right step to correct it. You'll be admired for your guts.
We will remember you, hopefully as an honorable company,
David
lefty
In eed to cool down before I speak to them again.
fringe
Fringe, you're probably right about your speculation, but as you say, these guys are novices at this.
If there is any chance we can persuade them to give our us our money back, we have to take it. It's a longshot I agree, but we don't really know who's in control here. They're representing it as something they didn't have any control over. If they have control now, they can help us.
They say they want to, let's see what we get.
Website is updated to show Murano as Prez.....et z
Well, remember that the FIRST pop/activity was on 4-23 to 5-14 or so. That's when it went from a sleepy .0030 to over .0650.....also as a result of detective work by IHubbers.......z
ot: check this out for a laugh
Mark is a Secretary
He doesn't wear the pants.
Murano, Silvestri and Silvestor told me it was the promotors that did it. Now it begins to make some sense.
So, put two and two together here. The prmoters are Astom or Eade/Smith. The R/S is done by them to prepare the new shell and give them a hundred million shres. You can bet they are protected from the Reverse.
There is not a hope in hell that DLII is not complicit in this, even though as naive as they are, they agreed to it as part of the price for the sell. But you can bet your booty their hands are tied. Astrom or Eade will have made verty certain that if they F/S now they will be screwed, not out of rancour, but because the former WPRO directors' pay off is tied up in going forward from here. The money has yet to be made.
Somehow we are going to be able to figger this play out, hopefully ahead of time.
fringe
ROFLMAO..thats about right..
Yeah.... I Got the Copy of Your First...
c.c'd to me....
I thought the sentiment particularly appropriate. Well done!
fringe
Doctor, we have a pulse.
Here's what we need to do folks. I received a call from Mark today stating that the 1000 for 1 split was the decision of the old WPRO board and not theirs. He said they were looking into ways to help the situation.
I got on the phone and called him back and left a voice mail telling him that now that the company is in their hands they need to issus a 1 for 100 forward split to rectify this.
We need to flood them with calls on this guys before they issue shares. It's the best shot we have. I told him "a 10 for 1 RS was reasonable with 82 million shares outstanding, that would leave around 8 million shares in the public float." I told him that I was glad that they weren't the ones that had decided to do such a shareholder hostile split and that no one would complain about a 10 for 1.
We could even suggest that they restrict our shares for a year. I would take my chances on that bargain.
Call for the 1 for 100 forward split guys. Let them prove that they are a shareholder friendly company. We need to get this message out loudly and swiftly, before any shares are issued!
yeah didnt answer my 4 emails either LOL...not much they could respond to i suppose.
Maybe We Caused It?
I am sure we were. But, it takes 10 days to put an R/S together, so I am also sure that their 'handler's know what they are doing, and are thinking waaaaay ahead of us.
I think it's useless talking to the people who are not in charge of this. And, they are not going to treat us any differently than any other WPRO shareholder, recent or not. I got that much out of them.
I have no interest in developing any conversation further with these people. I have lodged my complaint, by disgust, with Silvestor, Silvestri and Murano in a CC and that's it. It took place four hours after they were buddy-buddying me and telling me to "come on down!"
By the way, my follow up email to them was not answered, nor will it be. We are garbage, to be disposed of.
fringe
i know where i'm running "Hey Murano, throw me that drumbstick!"
L2: 1.25x1500 .....back up....maybe this puppy will RUN, and we'll all be good...........z
Hey...that's mean.....lol...et z
maybe he can hold the petrified drumb stick with the bathroom key attached to it.
Murano seems like an OK guy, are his hands tied, or can he do something after he takes total control.....???
MAYBE, they can do some kind of compensation for shareholders that bought recently???.......z
hey z, the way we spell astrom is ASStrom....fyi.
OH. He mentioned they were out of Florida!!...That's Astrom, right?.........z
Ok. So apparently they thought noone knew it was going to happen, and only WPRO shareholders were going to get R/S'd. But the news was ferreted out by hdgtx and his discovery that the name had changed at the Nevada SOS.
And then the price started going up and what have you.
Whether or not they were going to do the 1000-1 R/S in the first place is uncertain.
Maybe we caused it?
z
Talked to Murano:
He was surprised that people even knew that the merge of WPRO was going to be with Dixie Lee. Told him we all bought shares thinking we were buying Dixie Lee. "So you all bought RECENTLY?" was his response. No info on who did the deal, or who bought the shell and brought it to them. Wouldn't tell me who he dealt with.
Also told him that we were PISSED, and he understood that.
They're working on appointing a 'contact person', but right now you can still talk to him at (613) 354-7999 x25. While we were talking Mark walked in fwiw.
Told him about 500 share roundup option, but they don't know what they can do at this time.
Seems like the deal is not totally finalized???? and also seems like there are some terms of the contract they have to abide with.....
Asked him if he'd talked to Jeff (Fringe)...He said 'Jeff who?'..didn't know your last name, so couldn't say....Seems he would remember though, since Fringe talked to them a bunch from what I understand.
Maybe someone with a bit more knowledge about R/M's can glean some more useful info...............z
Anybody get anything from the co about a 500 share roundup? et z
me too, i'm pissed off...but hanging on until i figure this out! it's not worth selling...good luck penny...i'm off to a bbq filled with sangria and steak...i've boycotted chicken for the time being...
ill hold my shares...but not my breath LOL
i'm just putting myself in the brain of a number cruncher... yesterday blew my mind! it cant be random, can it? dixie has been in business too long...why would they want to end up @.000? this isn't some wildcat oil company with a couple of guys and an old international flatbed truck. this is a company that makes 55 mil a year in canada...something smells worse than the fish they're cooking with chicken and potatoes...if they drop the price...(and they will...) let's speculate that the float is about 100,000... with that said...beat the crap out of it to .25 cents...how hard would it be for them to grab the whole float? pretty F'n easy... my math puts it at 25K....they can buy that easily! now what? they have the float...time to jack it up to a pps worthy of splitting...it's genius...now you end up with a reasonable pps for a company of their caliber...run it up...split again...sounds like krispy F'n kreme to me.
so you think they will buy up the WHOLE float...and then F/S...that would probably be a first..but i guess better then dilution. Interesting thought
oh. i have no doubt that's where we're headed, but selling now wouldn't even pay for a bar tab with a couple of friends...i'm at 200 shares now...and i probably have that much change sitting in a jar somewhere...there's something going on here...dilution? sure you may be right, but until i see volume...i'm going to assume that dixie is accumulating...if you think about it, it's a pretty reasonable plan...
buck buck buckoo -e-
No, once again I believe we were the pawns. update the filings let it run two days and drop the bomb. The float cant me more than 100,000k. What does it matter now if they dilute this SOB right back to .20-.50 It does them no harm and they basically pay off the shell and pay for the PR's. Pay for going public in a couple days of selling shares.
I will be selling my shares as soon as I get them.
The Greedier It Gets
the more plausible it sounds.
They are not getting mine. All 106 now, soon to be worth .25 each LOL. I'll protect them with my heavy deep frying lid held high and ready, until they have to pry them from my stone cold wings.
I did ask them if they were considering anything else other than chicken, say, like IT. They said no.
Joe Murano, El Presidente, has never even looked a chicken in the face, let alone run one up a pole to the Nasdaq. And all of them share a similiar address with a man named Stewart in Austin, whom they played dumb about when I talked with them yesterday morning.
fringe
i personally am going to put this stock on a shelf and let it collect dust...there is something going on that we don't know about...it's crazy to sell now...they have too many stores out there making money...i find it hard to believe that they would just kill decades of hard work to let it come down to this...why not knock the price down and grab a grip of shares on the open market...it's perfectly legal....i think? that way they really own the bulk of stock....split it...and let it run...does anyone else have a greedier scenario?
sorry wrong video.....
Well, They DID Say They Had Something Else
...Up Their Sleeve.... something big, besides just the store play.
Hmmmm..... It fits their greed profile.
So, if we don't sell.....
fringe
LOL he also sings run chicken run
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