InvestorsHub Logo
Post# of 4973777
Next 10
Followers 1739
Posts 142162
Boards Moderated 4
Alias Born 09/11/2005

Re: Penny_King post# 558568

Tuesday, 03/28/2006 8:53:50 AM

Tuesday, March 28, 2006 8:53:50 AM

Post# of 4973777
OK - Penny_King - re value of PAIM dividend - here is the math I used....

Suppose you bought 10 million shares at .0002 for $2000.

Now you get 1000 preferred shares per every common share, so you get 10 BILLION PREFERRED SHARES!

Now, 10 billion preferred shares are convertable instantly at 1 for 10000 so divide 10 billion by 10,000 and you get 1 million FREE COMMON SHARES

Now sell them at the bid, .0001 and you get $100 for the dividend!

That's a 5% dividend. Hey folks, these are big numbers, anyone else agree with my math?

Not bad for a sub-penny dividend, no????



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.