The stock went down only 40 percent because there was the idea that the pr was fake. What if Cris would have released that pr through marketwire and it showed up on yahoo,msnbc,alphatrade, etc. What do you think the price would have been then. I bet we would have dipped under a penny. Keeping quiet until the end of the day probably made Cris money.

Let me vent for a sec.
I have been watching this disaster all day at work but this was my first opportunity to sit down at my own computer and read the posts at ihub. My 2 cents. I think Cris has been stringing us along for awhile now. Not the whole time, but maybe just recently. He sets up the website and a shareholder forum that seems to imply that things are going well. Has has an email convo with kimi (which I wont go into) that is very positive. Updates the share count on the website to show us 20million os. Everything seemed good at this point. Then all of a sudden on a Friday we find out that the A/S is 700 million. Cris doesnt say anything about it to anyone even though he has a website that he could simply put our minds at ease with. Instead he shuts down the site. Rightfully so, but still shuts it down. Sunday night this magical pr appears out of nowhere. I believe Cris put that pr through that site on purpose. The reason, because he knows more then likely no one would see it. The reason behind that, so Cris and his buddies could sell there shares Monday morning before anyone caught on. I find it suspicious that every other pr came out through marketwire but not this one. The problem for Cris is that someone did find out about it and his plan was screwed. Then the idea of a fake pr was put out there. Sounded good to me. But if it was a fake then why didnt Cris respond. The reason was because with the idea of a fake pr being out there, the shareprice held up pretty nicely. Seems odd that all of sudden after the market closes, Cris decides to finally email people back telling them that the pr was indeed real. You think he only got to those emails after the close or do you think that he kept his mouth shut until the market closed so he could get the most out of some of his shares. I have no choice but to hold. I am now in the red and I can see whats gonna happen. But I will never believe another word Cris has to say. If this does well, then so be it, but he lost all my confidence. Maybe Im just pissed and will get over it but this one stings. Thanks for letting me vent.

Doesnt anyone else find it funny that the bashers are away today. Even last night after the fake pr was released they only stuck around for 20 30 minutes. As soon as posters starting posting that it was a crime, the action that Cris took last time this happenend, and that it was apparent the pr was a fake, the bashers all went away. Almost like they didnt want to be associated with the pr once Cris got wind of it. They didnt want to be on the board bashing and telling everyone this thing was real when it Cris found out about it. Kind of the bully who suck punches the kid in the school yard and then runs off. If I was a basher/short and that kind of pr came out I would be all over the web telling everyone that BIHC was a scam. But for whatever reason they all seem to be gone.

Kimi, im not sure if its costs anything to post on that site or not. I think I remember someone here saying that it cost 80 dollars but I could be wrong. I did a search on google and askjeeves.com and simply wrote in the search box, can prweb pr's be faked". I wasnt surprised to see a bunch of fake pr's as well as other company investor relations people saying they wouldnt post through that site because of the lack of morals and ethics that company surrounded itself with.

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Hey Dirty, I dont know if you posted this yet on ihub but if not I'll do it for you. Really good read about fake prs.


Posted by: dirtybabeye9939 Date: Sunday, December 07, 2008 11:14:02 PM
In reply to: None Post # of 29424
Fake E-gold Bankrupt Release

by Benson on July 8th, 2008

(Digital Money World) There was a fake PR release report of e-Gold on it being bankrupt a few days ago at PRweb. It was gone when I was given the url by Mark to peek.

Never ever trust releases unless they’re from the official source (say the blog or the official e-Gold site itself), though I kinda get the hunch that most of e-Gold users are really worried about its future when we think of the indictment that they’re facing.

Well, since there’re no bad news and with e-Gold switching primary dealer, we can definitely be sure that there’s something going on behind the scene and hopefully for the better. Hope e-Gold’s blog
isn’t just a place for them to update on the system maintenance though.

Dr. Jackson became really quiet after his first few virgin blog entries on the blog. Wish we could gain more of his insights of the situation and future that e-Gold is facing now very much though.

http://www.digitalmoneyworld.com/fake-e-...

double

Wall im with you 100 percent. Let these guys sell if they want but I would hate some scumbag to get the shares of a good person who got tricked. What makes me feel good is that if they are going to these extremes then whatever is coming donw the pike must be good.

Cris needs to say something one way or another. Enough with giving these scumbags endless amount of time to bash this company. I am sure he wants to put out the perfect pr and I know it will be worth the wait, but enough is enough already.

Unreal. If this thing is a fake the bastard that made it needs to burn. This fake pr is getting passed around to all these sites like its the real thing. Your going to have people selling not knowing any better.

If this thing is a fake and the bashers went to this extreme to put out a fake pr, then everyone needs to hold on to your shares cuz this thing is gonna run wild. I hope its a fake and my instincts tell me that it is. Have you guys seen all bashers on ihub,ragingbull, bihc website and the yahoo board. These guys are relentless. One thing that gives me hope is that my alphatrade news section didnt give me any bihc news for today. I have had news go though alphatrade that has taken the other news outlets 10 minutes to come up with.

Slazenger, do you think the post was written by Cris?
Also, on the "other" board an interesting post was put up by a poster by the name of "jessi". I would be interested in your or anyone else's take on it.

"My take on this is Galo trying to give investor a reason to keep the stock.

The way I see this, we will get a one time cash dividend of .09/share deposit to your account. Then if you wish to keep investing your shares until the aquisition of the new company you will have 4 for each 1 that you own.
By doing the split he avoids the sell-off snowball effect that you usually see after people get their dividend. (they take the money and they run!) And to further prevent the selloff, if he split the stock to it current price (coincident?), it's back to where it's currently approximent price 4x.04=.16 so if people decide to sell after the 1:4 spit it won't have any major impact on the company. That will provide stability for him to build up the newly aquired company.

Here is the math break down for all you left-brain number lover:

$.09CASH + .16/share worth(.16 to a 1:4 split =.04)=.25/sell price.

After the split .16 of 1:4 will bring it back to current price with everyone owning 4x the number of shares. Galo knows how to keep his investor happy and his company stable, because he knows without our ongoing support, the company stock will tank! and he won't have the liquidy to built it up for a new flip! "

Thermo, if you take a look at Cris' introduction posts for each subject, you will see that they also have different ip address'. Was that you to Thermo. Come on Thermo get serious. Whats really funny is that if that was Cris that wrote the post about a monday morning pr, and you are taking credit for it, it just goes to show you that your a little nervous about what kind of info we are going to get. Im lookin forward to it.

Is there anyway of matching up ip address'. It seems like the different headings that Cris created have different ip's. The fake Cris that responded today obviously wasnt Cris but the one we think is Cris also has a different ip address so its hard to tell. The thing I dont like about the Cris post that we think is real, is that usually Cris ends his posts with,

Regards,
Cris Galo

and the post thats in question just ended with Cris. Maybe Im being to picky but the last thing we need is to expect a pr on monday from someone who posted under Cris Galo when it really wasnt him to begin with. I for one, hope it is Cris and that we get an awesome pr bright and early.

Of course MR Insync what was I thinking. You and everyone else that magically appears out of no where claiming that they are a long time shareholder. Of course what was I thinking. The long term shareholder that was born today, the day that we find out that there is 700 million shares. I have never seen you on this board or the yahoo board, but today, after being a long time shareholder you bless us with an appearance. Now im sure you going to say that you have so many other important things to do with your busssssssy life that you dont have time to post here, but come one give me a break. If you really are a shareholder of 6 months, then I doubt you just happened to bump into the ihub website today. Being a bihc shareholder, im sure you were familiar with ihub before today. Hey maybe you rats deserve to give us your 2 cents. Afterall, what Cris did leads to questions and maybe a right to bash. So go ahead, continue on, because im sure we won't hear one word from your kind if things go the right way.

Yeah I guess that would be far fetched if it happened over night. But since your new to this board and more then likely someone thats here just to bash, you wouldnt know that this has been an ongoing proccess for 6 months. Have fun walking your goldfish, you wont be missed.

Turbo, let me throw some stuff at you and tell me what you come up with. A week ago or so Cris posts the share structure on the bihc website. This is after he had told kimi that he was going to release the share numbers and that we had a big pr coming. A few days later someone posts on ihub that Cris said he was purchasing bihc stock on the open market. That post got deleted so I am only going on memory. Anyways, we know that Cris has lots of restricted shares that he can't touch. Now if this stock split goes through and lets say its a 4-1 does that mean that while Cris' shares are multiplied by 4 but are still restricted. Lets assume for a second that they are restricted. Cris was buying shares on the open market a few days ago that I assume have no restriction on them. Im just spinnin my wheeeeeeeels, I guess i'll just wait and see what happens.

Trader, i'm not sure if my following thought is similar to yours but hear me out. What if Cris releases something saying that shareholders as of dec 5 get a divy of 10 cents for example. He would give us a divy prior to this stock split. Part 2 of that pr would say, we have implemented a stock split and that share count is now at 700million shares. With the new share structure we have merged with x company or we are using the new shares to buy out x company.
Is there any rule that states that you have to offer a share divy with a new share count, or could they use the old share count to pay shareholders that were with the company before the split ever took place.

Turbo, okay maybe I was going out on limb, but the stuff I brought up was mentioned on this site. Again, was I making it up that Cris said a buyout was underway. I cant find those posts, and maybe they dont mean anything at all, but I was curious.

Turbo, great post. I am going to stick it out because I have been here since June/July and with us being so close I cant bring myself to selling. One way or another Cris gave us a dec 31 deadline so I think something happens. I would hope Cris would give us a Sunday or Monday pm pr to prevent the company from taking a share hit. I know in the end the share price doesnt matter Monday if some huge pr ends up coming out anyway but I believe that Cris cares about the shareholders. I would hope that the especially wants the longs to go on the ride with him, and not have those same longs sell out monday morning because of the confusion and miss out. I think we get a pr, I hope we get a pr monday morning.

Couple of questions. I was work a few days ago and I remember checking into Ihub and seeing a post that someone spoke to Cris, either by phone or email, and that Cris said a buyback was underway. That we would see large orders go throughout that day. I came home later and checked into the site and I noticied that the post was deleted. Was there some validity to that post, or was I just daydreaming. 2nd question has to do with the clock on the bihc website. I have tried to zoom close enough on the calendar but when I got to close it was very blurry. Is it true the calendar has the 7th circled. And since we are going with this whole idea that Cris is giving us signals, anyone find it odd that the guy in the picture that is standing behind the desk has his fingers like he does. I know it sounds odd, but if I was standing behind the desk and shaking someones hand, with the other hand I dont think would have my other hand in that position. He has 2 fingers on the desk. Could the 2 fingers mean, 2cent divy, 20 cent divy, or even 2pm which could mean a 2pm pr on the 7th. I know it sounds crazy, but who knows. Anyways any help on the first 2 questions would be greatly appreciated.

I reallllllly hope so. Everything seems to be on the up and up with this company and I just cant believe that Cris would do anything to intentionally hurt us. I hope this is apart of some huge pr thats coming. Right now, give me the pr of a divy so I would at least have that money in my pocket. Everything is icing on the cake and at worst I leave with some profit from the divy.

I understand that Turbo. I guess what im sacred of is that people dont like change in this matter. We are all waiting for the news of a divy and then out of the blue we find out about this 700million figure. It leads to confusion and confusion is bad for a stock.

I know some of you could careless about what the doc has to say, but here is his take on this situation:

Glad to see Mr. Galo increased authorized shares to 700 mil. Keep in mind folks this is authorized shares NOT outstanding shares. By increasing authorized shares this gives our company more breathing room and a better chance to manuvre for a possible buyout of another existing company or better yet a reverse merger with another company. By increasing authorized shares depending on the deal being struck, the shareholders of BIHC have a better chance of seeing a full package when total deal is announced i/e divy,buyout,reverse merger etc. Keep in mund the bashers will try to confuse you with authorized shares and outstanding shares, (look up the meaning for clarification). The timing of this notification tells me we are very close to excellent news concerning BIHC...GLTA......enjoy the rest of your weekend......................GD$$4

Turbo, is there any doubt that Cris has to release news Monday. He had to know that someone was going to find out this information, and he had to know that we were going to be looking this over in agony throughout the weekend. I really hope that he has the intention of releasing news that an actual divi is going to be paid out on x date because without it I think we are going to be hurting on Monday. If he doesnt release the news on Monday then it gives everyone who doesnt understand what is going on to sell cheap on Monday. I just went through this we ccmj which is now ccmc and it was brutal. Here's to hoping that there is a reason for the 700 million figure.

Well then I am a pro cuz I have made enough mistakes. I think with bihc, my line of thinking is going to be to kick out the emotion. Hits a target, sell it, looks like a good entry point, buy it. No if and's or butt's about it, and never look back and what I would have sold at this point or that point. I'll see how that thinking works for me.

Kimi, I am with you on that statement. I plan on keeping a core amount of shares and playing the dips with the profit from the others. I really wake up every day in anticipation that today will be the day. If nothing else, I need this to go one way or another so I can get back on a normal sleeping routine.

Trader, I really want to be involved with this company after everything settles down. Cris has a proven track record and if and when he comes through again, is there one person that could doubt what he could do in the future. I plan on keeping a core amount of shares for the long haul, taking profit where I can and then try playing the dips to add to my core amount.

Sorry for the late response, just got home from work. Yes I have learned from those mistakes. How much I learned, I don't know. I guess this bihc ride will give me a good idea of how far i have come.

Lol, far from it. I've made enough dumb moves to prove that statement wrong.

Trader, I dont know about anyone else but I hope to make a lot of money on this company playing the dips after the pr. In my perfect little world I would love to sell everything for a nice profit, then lets the shorts bring this down like you know they will, buy in again and hold, wait for another run up, sell, and then finally buy in again on another dip and hold those shares for when Cris announces that he has another deal lined up. Maybe this is far fetched, but im sure there is money to be made in this company once this roller coaster gets rollin.

I guess I answered my own question by doing some math of my own.
Assumption 14cent divy

Hold 1 million shares x .14 divy = 140000 x .15 tax rate
21000 in taxes = 119000 cash

Sell 1 million shares x .17sp = 170000 x .30 tax rate
51000 in taxes = 119000


So when the deal happens do not sell for under 17 cents if you plan on not taking the divy. If you hold out of the divy then anything above .0000 and you are making money. Lets say that the next day after the divy was paid, the share price dropped to .07 cents then its like selling your shares outrigth for 21 cents. You are still better off, then if you would have sold outrigt without taking the divy. After breaking this down for myself, it has opened my eyes to holding out for the divy.

Slaz, please feel free to tell me the answer to my question that I already answered. Because at this point I dont see it.

Coal, thanks for replying. I can appreciate your position and I envy it because your going to be in great shape when all is said and done. Taking in consideration that tax rate, there is a number that your shares under x amount of money. If the divy is 14 cents for example then anything under x is not worth selling your shares out right for because you would technically make more money with the divy. Does that make sense?

Coal, in your experience once a company gives out a divy, does the share price automatically drop to the floor. Again lets say you get 14 cents for your divy and you have a million shares. You take the divy and hold your shares. A week later the share price is 9 cents for example. At that point you sell all your shares. Doesnt that mean that you have 23 cents a share worth of money in your account. In this senario i might be better just to get your divy and see where it goes afterwards because you would at least have 14 cents in a divy and the rest would be icing. That is of course unless the bihc goes crazy in price and you would be crazy not to sell out early.

Can someone help with Divy senarios?

I think this question has been asked in the past and there were some nice discussions about this topic but I was hoping that some of the longs out there could go over this subject again. Lets start with an assumption first.
Bihc gives each shareholder a 14 cent divy and sells the Barrons for 25cents a share. The divy will be paid out Dec 21.

My question is, what number do you haveto sell your shares for in order for the divy not to matter. Now obviously, if you sell for 50 cents, 1 dollar, 2 bucks, etc, then you sell of course, but lets use numbers closer to the divy. If my divy is for 14 cents after you take into consideration that you will be 15percent on taxes as opposed to 30 percent on selling your shares outright there has to be a number that you sell your shares for, for the divy not to matter. I hope this makes sense, because i know I can ramble, but hopefully there is someone out there that knows where im going with this. Thanks.

My l2 screen shows 11 buys and 3 sells. 2@25x 2@28 2@29 4@30 then it jumps to .125

2@25 x 3@28

Turbo, excuse my ignorance but if between yourself, slaz, and coal, you guys own over 20 million and the float is at 19mill, is there any other explanation for an over abudance in shares expect to say that there is a major nss out there. I guess im trying to elimate anything else from this equation.

Gm everyone. Slazeger, I have to agree with you, I feel better about BIHC today then anyday probably in the last month. I think Cris said everything he could say without going over the line. I think his response's yesterday indicated that the deal is done and that we need to get off his back a little bit. Maybe Im reading a little bit into this, but I find it funny that Cris responded yesterday after Sibby started to bring up some connections that he was able to come across yesterday. Maybe Cris felt sibby was getting close to answering a question or 2 and wanted to keep us quiet by answering the questions on his forum. Which in return would distract us from sibbys questions and get us focused on what Cris' answers. Like I said its probably nothing, but I found it intriging. I really cant wait to see what in the world is going to happen with company. Im just happy that my job lets me keep my L2 and ameritrade account up during work, cuz something tells me that its gonna be wild and to have my trigger finger ready. I only wish I had more money to play with and invest.

Wouldnt surprise me one bit. I know some think its a bad idea to release the news during a holiday week, but hey why not. Release the news Tuesday morning, give us 2 days to run this thing up, give everyone a break on Thanksgiving, run it up some more on a Friday and lets us get the buzz out on the weekend. Im pretty sure BIHC would be all over the mb, and number 1 on ihub. With longs holding most of the shares, the rest of the public would have to come to us, at our price, to get our shares.