Been wondering: Today's news is great:"Ulysses Holding Corp. will pay SecureNetView (a privately held company) restricted stock; the transaction will be in the form of a share swap, five shares of UHCR restricted common stock (for one year) for one share of SecureNetView's privately held shares.
I wonder how many shares are involved? But I'm confident it's a good deal for us and them.
The dividend issue. Management has 2 million, can't sell; we have 4,000,000 and get the other 4,000,000 at the end of the month. On Ex-Div date, there will be no more shares than today for the MM's because they are all coming to us, right? So on ex-div date, I can see them bid 50%, but that's going to depend on if any of you guys want to risk selling some of your free shares( and this term, free shares I think is a bad term: it is a bonus of income, not part of your initial holdings that has doubled.). And at what price will the stock be when our shares arrive in our accounts? The MM's are going to try and screw with alot of minds here shortly, or even more than they are.
If we paid .14, our new share doesn't equal .14, it equals where the market is going to take it. The stock is only going down 50% if someone sells into it and that will be a few MM's to try and start something, but they have no stock. Any updates with DTC on transfering shares, etc. I also believe that Clayton, his financial advisors, and some news will all help this transition. But some good DD and discussion on this is very healthy for all so some of us or any screw up and make a bad decision on a rare opportunity in a good company. Trying to figure out a way to get a couple of quick bucks back seems like the wrong approach on this one. I'd be thinking longer term than this week, this month, etc. The MM's are the one's thinking this week, tommorrow and this month!!
Opinions? Counting on it.
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