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Monday, November 07, 2016 1:25:07 PM
I completely believe that they are doing a 10,000 to 1 RS in order to wipe out anyone holding TGGI but the dividend that they are mentioning isn't logical.
It is stated that they will give 8,000 shares of the new ticker for every million held in BCAP. It is also stated that they will only raise income by selling share at or above $0.50
8,000*.50= 4,000
So for every $100 that is held in BCAP you will receive $4,000 worth of stock in a new ticker as a dividend? On top of this there is over 130 million shares on the ask with no bid for BCAP at the moment.
On top of this TGGI or whatever you want to call it has no debt where BCAP has debt currently.
It is beyond laughable to think this going to play out the way it is stated.
I am willing to bet that the RS does in fact happen but the dividend will not. BCAP will remain at no bid until the next pump, where it may let you out at .0002 (still a double) and the new ticker will be used mainly for future pumps.
Most people will lose all their money here and a lucky few plus the owners of the company will be the only ones to make any money at all.
Good luck to everyone that has TGGI or BCAP, it is needed.
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