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PB: Any thoughts on what Item #5 means?
Re: tothe post# 19603
Saturday, October 28, 2023 5:53:43 PM
Post#
19604
of 19604
Re: Item #5 on your list about conditions for an unregistered spinoff?
"Finally, the last condition [item #5] is that the parent has held the shares for a minimum of one year. This is so the receiving shareholder may tack with the parent’s holding period and thereby satisfy the holding period requirements of Rule 144."
What shares are being referred to here? Cold it be shares that the company itself owns or does it have to be shares BDPT owns in a company called "Livestock" before the spinoff occurs?
Comments welcome.
Re: Item #5 on your list about conditions for an unregistered spinoff?
"Finally, the last condition [item #5] is that the parent has held the shares for a minimum of one year. This is so the receiving shareholder may tack with the parent’s holding period and thereby satisfy the holding period requirements of Rule 144."
What shares are being referred to here? Cold it be shares that the company itself owns or does it have to be shares BDPT owns in a company called "Livestock" before the spinoff occurs?
Comments welcome.
And that's very good advice for you as well. We'll see how things play out here since the game is far from complete. It is pinky land and we all know the high risks involved here.
I am curious about your motivation, however. Your comments make a lot sense if you're shorting. But if you're here for supposedly humanitarian purposes, like saving us all from disaster, one would have to be quite skeptical of your motives, don't you agree?
From Investopedia:
You don't need an IPO to offer shares in a spinoff:
"Spinoff vs. IPO: An Overview
Both a spinoff and an IPO or an initial public offering result in a new, public company. However, a spinoff is the creation of a new public company out of a current public company, while an IPO is a private company going public for the first time."
One thing I've never understood about BDCO is why no effort is ever made to promote the stock. Granted the last quarter was very disappointing, but the previous ones were quite good and the financials on 11/15 could be very good.
Re: Spinoffs from Investopedia
Forgot to add the following:
"Are Spinoffs Good for Investors?
They can be. Generally, both company shares and spinoff shares tend to outperform the market in the first couple of years following a spinoff (after some initial dips and volatility). In addition, as a small company, the spinoff has great potential for growth along with a focused, enthusiastic management. This can attract investors, which can boost share price. However, spinoff shares can be volatile due to the company being new and lacking financial performance history."
Re: Spinoffs
Note the last point from Investopedia:
KEY TAKEAWAYS
A spinoff is an independent company created when a parent company issues shares in an existing business or division to parent company shareholders.
A parent company may form a spinoff when it projects that a new, independent entity will be worth more than it was as part of the company.
A spinoff will have its own management structure and a new name, but it may continue to receive financial and technological support from the parent company.
Spinoffs tend to be good investments for shareholders.
If that happens, it's probably a sign that word has leaked about an imminent CE removal. If not, we'll have to wait for the CE removal for anything to happen here.
Thanks. Sounds great if it happens.
re: $780 million in Patents owned by Dr. Liu
It seems to me that a Director of Livestock he might also have an interest in using his patent to benefit himself and Livestock. Is that so far fetched?
Re: Patents
Are the patents totaling $780 million, not owned by Dr.Liu, one of the Directors of the Livestock spinoff?
Re: Powerbattles has made the most important point yet about the spinoff--it hasn't been finalized yet and when it has we'll then get free shares:
FromPB:
"You seem determined to persuade people by stating, 'LiveStock was an existing division that was spun off as a wholly-owned subsidiary.' However, let me clarify that they are currently in the process of becoming an independent entity. Do you comprehend that yet? As a newly formed, independent entity, the business unit will have its own set of new shares (and ownership claims). As I have explained very clearly in this subject, I encourage you to reread until you fully understand the process of the spun-off."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173104698
Not sure if they can do anything involving shares as long as the CE is in effect.
Sounds good. Sure hope you're right. CE's been on for more than 10 months now. Unless it's removed, we're just fantasizing.
Would be nice to see something official from CYBL on the CE situation. Haven't seen anything from them on this for many months .
PB,
Thanks for the post. I feel the risk-reward ratio here is still inviting and I've bought some at these levels. Can anyone name another pink sheet stock with audited returns, and management foregoing pay for shares as compensation?
Add in the free shares from a SPINOFF and the fact that Dr. Liu, one of the Livestock spinoff company's Directors, owns the rights to $780 million in patents, and things look even more inviting.
And then finally note that Motley Fool, a long -time financial advisory, has noted that spinoffs are the closest things to a sure bet in the investment world...
re: Nov. 15 financials
What kinds of numbers are you expecting?
Another BIGGIE!!! Thanks. Things certainly seem to be moving in a positive direction.
Just hope we common shareholders benefit from all this.
ok, then. Just relax and see what happens .None of us can predict the future.
What media company are you referring to?
MM
Just sell and move on. Why live in perpetual misery.
I would imagine the business they're negotiating goes far beyond just security for embassies. Very unfortunately, the world is on fire right now.
Re: Good News on Spinoffs from Motley Fool:
"What Is a Stock Spinoff? | The Motley Fool
Is a spinoff good for a stock?
Do spinoffs still outperform?
They outperform comparable stocks for years
“We can say without reservation that, in investing, spinoffs are the closest thing you can find to a sure thing. It all comes down to the incentives when companies spin off a subsidiary or division and hand out shares to their shareholders.Aug 14, 2023"
Re: Spin-Offs Motley Fool says :" We can say without reservation...spinoffs are the closest thing you can find to a sure thing" And "They outperform comparable stocks for years."
See below
"What Is a Stock Spinoff? | The Motley Fool
Is a spinoff good for a stock?
Do spinoffs still outperform?
They outperform comparable stocks for years
“We can say without reservation that, in investing, spinoffs are the closest thing you can find to a sure thing. It all comes down to the incentives when companies spin off a subsidiary or division and hand out shares to their shareholders.Aug 14, 2023"
Any ideas about the possible ratios for the spinoff shares?
The Market still seems quite hesitant here about whether these guys are for real or just another Nigerian scam. I'm still holding, but what makes you confident here?
Well, I've certainly seen CEOs give time frames and meet them. So, yes. Rosen has been humungously way off with his predictions for the CE removal, so I'm not going to the bank just yet
But it is a hopeful sign from someone with $6million invested here. Hope it has some connection to reality, although he hasn't given us any time frame for this prediction.
Correct. I think they did around $70 million in 2022.
Great news. So glad to see this board return to its mission of informing investors about the company, both positive and negative in a civil way. Hope you'll make sure we never descend again into the abyss of personal attacks and insults.
Thanks for the update. Would be amazing if it happens. Just wish he had a better track record with these predictions, but he does have $6 million invested here.
Excellent points.
News When?
I would think we'll get a lot of company news when the free share spinoff of Livestock occurs. One would think they'd want to do something to help move that share price.
re: The Patents
I think we also need to keep noting that the patent rights worth $780 million are in the name of Dr.Liu, who is now a Director of the Livestock Spin-off. company. So, while BDPT may not directly control the patents, one of their main employees does. I would think he'd want to use those patents to help the company.
That's why I think it's a reasonable bet at .0013-.0015
MM,
There is nothing we can do about any of these outcomes except sell our shares now at a great loss. Others have made convincing points about Nevada and whether an r/s is inevitable. So, I suggest we sit back and watch what is happening here.
MM,
There seem to be some pretty good arguments against the reverse split and the issues with Nevada.
You and Semper have raised some good points. I'm just gonna give my theorizing impulses a rest and watch what happens here
PB,
Thanks for the message and the continued DD. I've been picking up some more between .0013-.0015. Seems to me the free Spin-off shares alone are worth the risk at this price. And then also add in that Dr. Liu, a Director of the Livestock Spin-off, owns the $780 million patents rights.
Keep informing us and blasting through all the bullshit posted here.
Excellent point. If that occurs, it certainly doesn't look good for us. And we should probably note as well, that Rosen probably has loads of Preferred shares so, unlike us, he may come out quite well here.
The fact that that this CE has taken more than 10 months to get resolved, certainly lends itself to all kinds of nefarious theories about why management has allowed that to happen. If you wanted to resolve it quickly, wouldn't you just hire some folks with success in working with the OTC to remove CEs?.
Anyone care to propose a theory here that's much more optimistic for common shareholders?
Mrmike: a possible bright side?
Right now there are 7 billion authorized shares, so if we use that figure for a possible Reverse Split, here are some numbers:
1 for 10,00 shares= results in a total of only 700,00 shares in the new company--way too small a number for the company's shares to trade in The Market
1 for 1000 shares=7 million total shares in the new company--still way too small for it to trade
1 for 100=70 million new shares--still on the small side for trading
1 for 50=140 million new shares,--much more manageable for the company's stock to trade
Since you said you had around 2million shares, at 1 for 50 you'd have 40,000 shares in the new company. If it traded in the $5-10 range, things could still look decent here.
Let me ask, thouigh, is it possible for them to dramatically increase the number of Authorized shares before they do a Reverse Split? If so, they could use the much higher ratios to convert into the new company.
Re: Possible Reverse Split
What do you think of the today's post below from Mrmike about the likelihood of a RS:
"The five year no reverse split was not an SEC filing it's a corporation out of Nevada Nevada you can do anything you want they can reverse that at any time I have had a corporation out of Nevada You're always based out of Nevada cuz of the laws they are going to screw us common stockholders The companies they've been buying they've been given preferred stocks they can be turned into common stocks at any time it's not going to be good for us common stockholders The stock will probably open at 10 to $20 depending on if it's a thousand and one reverse or a 10,000 to one reverse I hope the best for us but I'm not happy with what's going on"
I'm trying to agree with you here, but today's post below by Mr.Mike about what could happen to shareholders is very troubling. What do you think about his post? Will the CE removal protect us?
The five year no reverse split was not an SEC filing it's a corporation out of Nevada Nevada you can do anything you want they can reverse that at any time I have had a corporation out of Nevada You're always based out of Nevada cuz of the laws they are going to screw us common stockholders The companies they've been buying they've been given preferred stocks they can be turned into common stocks at any time it's not going to be good for us common stockholders The stock will probably open at 10 to $20 depending on if it's a thousand and one reverse or a 10,000 to one reverse I hope the best for us but I'm not happy with what's going on