IAHL Corporation (IAHL)

[binzur]

I wish I knew. I have seen some real games by the mm's. Good volume today and it ends up down and on the low of the day. Do you think MM's look at the charts! I think we may see a MACD crossover and move above 0, maybe even after todays trading. That is technically very good, now we need Ed to get the AF's out, ungag the TA and the other deals and we rock.

I was doing some work on spin off numbers. I am going to be conservative and this is based on no more than 350M O/S. Say that the spin off is $4.5M (low end of PR estimated deal). Take out Eds shares per the PR. That leaves approx 225M shares that would receive dividends. My guess is the company is going to keep the money to use for OTCBB, Country Club land development. The shareholders will get shares in the spin off company. Say this is half cash and half shares. That would be $2.25M in cash and 2.25M in stock. Simple math calculation that is a .01 per share dividend in the form of stock in the spin off company. Now if there are double the O/S than my estimate above. That would still be $.005 per share in share dividends in the other company and you would still own your IBAC shares as well. The devil is in the details but that would work very well for me! JMHO!

Binzur