Hi folks. Another down day. Too bad. I bought a couple days ago at .04 and .05, so I'm down significantly. But I understand how theses pinks trade. It's part of the game. I would think the only people that have a gain at this point are the insiders with the inside information. It doesn't sound like any of them want to share their insight with us.
I emailed that gal over at Bridge who handled this account. But so far, no return email.
Does anybody have a good understanding of what is going on here?? What's all this talk about distribution? It sounds like Transcom reorganised, selling off many of it's debts, but hanging on to a few profitable subsidiaries. Now their back..
Did you notice that on Yahoo Finance their price to book value is now at .01!!! That's their price divided by their assets. Most other companies trade at a price to book of around 3 all the way up to 10 or more.
So what we have here IS a gold mine from that perspective. If we put a value on just their assets alone; subsidiaries, equipment, buildings, trucks, tools, etc., we could have a value of around $10-$15!
If I'm correct on this, it won't take the investing community long before they figure this out. TUIC could be back on a major exchange in no time
Let me know your thoughts.
