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Building an application is one way to attract customers but not the only way. Doing a successful project for a customer is another. Having access to a core of trained programmers works too. Finally, when you're in a new market with high demand requiring specialized skills, simply being available to do a project will get you in the door (e.g. there may not yet be enough competition for a potential client to find alternatives).
The dividends were always paid to retail shareholders in unrestricted shares. In other words, you can sell them as soon as they're posted to your brokers portfolio. Once the ex-dividend (xdate) is reached (assuming it was approved by the Board Of Directors, that would be February 17, 2023), the distribution is out of the company's hands. The only delay should be how long if takes the transfer agent to distribute the shares (usually a day or two) and how long it takes your broker to update your portfolio (some may update almost immediately but some can take as much as a week or more).
As for the value of the dividend, it can be estimated as follows...
Assuming we get 1 share of BULT for every 6 shares of BTZI that we own and we use today's pps values (BTZI = $.016/share and BULT = $.08/share)
$.08 / 6 = $.01333 = the value per BTZI share of the dividend
Consequently...
$.01333 / $.016 = .83
We're getting an 83% dividend. I'd say that that is significant value.
Unfortunately, the way dividends work, $.01333 will be subtracted from the closing price on February 16 and this number will be used as the opening price on February 17. In our example that would be $.00267 (i.e. $.016 - $.01333). Dividends never increase the value of your shares. They simply distribute profits or share value to shareholders. The original shares are always decreased by that value on the xdate. Since BTZI acquired BULT, the value of BULT should have been factored in to the value of BTZI by the market at that time. Now we are getting it back as a dividend.
I don't think that the market will buy that the value of BTZI would have suddenly decreased by that much so I would expect the pps to quickly go back to something closer to and probably above $.01/share so there will be a significant price gain shown on that day even though the actual value of your BTZI shares would probably be less than the previous day.
I have not had contact with anyone at Bots or anyone with contacts at Bots in almost 2 years. All my posts since then have been purely my opinion.
Regarding:
Regarding:
Wow, that would be huge!
Amazon would be looking at a real bargain. I can't figure out why the pps is so low. Based on the financials, the market is concerned about the company's exposure in China. However, the company has a Book Value of $.73/share and PE of about .26x (i.e. the price per share is about 26% of the company's earnings per share). This company is ridiculously undervalued.
Regarding...
C'mon, Drag Queens, Let's Go Fuck With Some Churches
Great idea! It's about time some people turned the tables on those hypocrites.
I never said the BOTS dividend would only be 5%. I was responding to what you claimed in your post...
It took a while to satisfy the SEC because it was a new company, but it did arrive. So what? Bullet Blockchain (BULT) isn't a new company.
Get real! Dividends never have total significant value compared to the price of the original shares. They're typically valued in the neighborhood of 5% of the value of the original shares, which is usually considered a good annual return on investment (i.e. significant value). Moreover, the value of the original shares is decreased by the value of the dividend at the opening on the ex-dividend date (XDATE), before it typically goes back up again.
Nevertheless, after the previous dividends were granted by this company, the price of the dividend shares always shot up before coming back down. Savvy investors/traders were always able to make a profit if they sold at the right time.
Like any other user of this board, I have been positive about stocks that I've invested in. I have never agreed to write positive information about a company in exchange for compensation.
Originally they said the ratio would be "approximately" 1 for 4 now they're saying approximately 1 for 6. Until the Board actually meets and goes over all the options and terms of the deal, they can't give us a definite answer.
I'm happy at this point we at least have an idea of what the conversion rate(s) they're considering (e.g. we can probably rule out 1 for 20).
I do suspect that they may have connections in the Ukrainian government and/or military. If so, that would probably imply that the US government/military was also aware of these connections. Again JMO and speculation.
Apparently, they're now predicting one BULT share for every 6 BTZI shares. This may fluctuate more before the final conversion rate is announced by the Board since the pps of both stocks is fluctuating and this affects the value of the dividend.
Great news today. After a year of very little news, the company finally has a new direction and business plan.
The following is purely my conjecture: I've suspected for some time that there was a Ukrainian connection to Bots' silence for the past year. In the past, the company has employed several Ukrainian programmers in top jobs. These people probably were redeployed to support the war effort when the country was invaded. It's been widely reported that Ukraine has been using drones to bomb russian positions and conduct surveillance...
How are non-military drones being used?
Time to switch to electric tractors...
Meet the e25 Compact Electric Tractor
Thanks Cash for researching and clarifying this.
I believe brokers always have an option to opt out of trading a ticker (e.g. they're oversubscribed in a particular stock). So far, since BTZI switched to crowdfunding mode, we have not seen any lack of quotations from multiple market makers. The crowdfunding rules are relatively new so we're all learning a bit as we go. Nevertheless, shareholders need to be aware that Form-C (Crowdfunding) stocks, though they trade legitimately, provide significantly less financial information and present more risk than traditional tickers.
You have no idea what Biden did. He was appointed to a research position, leading a newly created Biden Center for Diplomacy and Global Engagement which doesn't require teaching. Since the university wanted to establish this center, of course they would want to pay to have his name associated with it.
This list is over 10 years old but it gives you an idea of what some schools are willing to pay to have big names associated with their research centers...
Top 20 Research Institute Salaries
GOP hypocrisy knows no bounds. I don't see you criticizing Trump for collecting millions for having his name on Trump Tower and dozens of other buildings around the world which he doesn't own.
Another GOP nothingburger. From Politifact...
Biden’s income sources aren’t such a big mystery
Why would the media run with something so lame. In case you haven't noticed, Hunter Biden is not the President, nor does he work for the government.
LOL While bestiality can make one the butt (sic) of numerous jokes, I wonder what public interest is served by making it illegal. How many bestiality felons are sitting in our jails?
I used to have a drinking buddy who was raised on a farm. He told me they used to put boots on a sheep's hind legs to keep them from running away during the act. Gives a whole new meaning to Puss and Boots.
In addition to VitaCig, mCig also spun off OBITX as a dividend on 12/11/2018. The Company is now trading as Everything Blockchain (EBZT) and priced at $2.40/share.
People made money on both spinoffs. Unfortunately, after some initial success, VitaCig was sold to another company which redirected the business plan and drove it into the ground. Nevertheless, shareholders had plenty of opportunity to make a profit along the way. People have to take responsibility for knowing when to hold and when to sell their shares.
FYI, BTZI is not on the Expert Market as you claim in your post. It's classified on OTC Markets as "Pink - Current Information".
LOL, While I don't approve, I do wonder why we need a law for that.
You hold up free trade as the prime example of Democrats supporting big business over the working class. However, this is not a black and white illustration of your point. While free trade has been traditionally opposed by US labor unions, the record of which groups have benefited the most is pretty murky. It's not as clear cut as tax breaks for corporations.
Workers have benefited from NAFTA and other trade agreements as prices came down or were held in check on goods purchased by the poor and middle classes. While many jobs were lost to cheaper labor overseas, many jobs were also created here in the US. Going back to my distinction between the warrior and empathetic classes, an argument can also be made that lower prices for the poor and raising of living standards in Latin America and the Asia Pacific countries struck a chord in the empathetic class.
Consequently, pointing to this as proof that Democrats gave up on the poor and somehow went all in on Big Business doesn't fly. Moreover, free trade has always been promoted primarily by Republicans. What opposition there was usually came from Democrats...
Are the Republicans Switching Places with the Democrats on Trade?
Please explain exactly what laws were sponsored by a majority of democrats that favored big business and made the population poorer. Apparently you enjoy regurgitating GOP propaganda...
Apologies, that was the Price to Book Value (P/B ratio), which is derived by dividing the company's current stock price per share by its book value per share. So using the current values (P/B = .4183 and pps = $.195), the Book Value (BV) would be...
$.195 / BV = .4183
$.195 / .4183 = BV
BV = $.466/share