![](https://investorshub.advfn.com/uicon/314626.png?cb=1485173186)
Thursday, July 17, 2014 10:53:32 AM
so if VCIG gets open, its PPS,,,,,,,,, added to MCIGs PPS,,,,,,, will be equal to the prior average weekly quote for MCIG……...IMO
VCIG, and any value it has ( whether reported or not, its still a known "market priced" entity to the current shareholders ) is presently 100% owned by MCIG, how could it NOT be priced in the current MCIG PPS?????? when it ( VCIG ) LEAVES MCIG, it takes that value and ASSETS with it, DROPPING the net worth of MCIG ……… which we will HOPEFULLY ( not the best word in the PENNYS ) regain with the value of VCIG's newly opened PPS
You're taking something that's basically true but applying it incorrectly. What is the pps of VCIG today??? There is no pps on VCIG other than what was stated in the S-1 (i.e. less than $.01/share). On the XDATE, the day the dividend is awarded to existing shareholders, which is set in the S-1 as the day before the SEC effective statement, that value is subtracted from the pps of MCIG and we receive that tranferred value as the starting pps of VCIG. However, VCIG will not actually trade on an exchange for at least another 30 days so there will be no pps other than the IPO pps. If 30 days later VCIG opens at $.15/share, there is only an increase in value in the VCIG shares held by MCIG. There is no further loss to MCIG's value since the dividend had already been awarded and accounted for 30 days earlier.
Les
Recent BTZI News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:00:04 PM
- Form C-AR - Annual Report • Edgar (US Regulatory) • 05/31/2024 02:50:06 PM
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM