Another's thoughts;
Long before unsolicited B/O offer
Long before there was an unsolicited B/O offer BIHC issued several pr's about key acquisitions, dividends and revenue producing corporate relationships that came true and are verifiable.
I believe they have a proven track record as such I also believe that the more recent pr of 6/2/08 ,approving a major plan to reduce its Authorized Shares from 180M to 80M through a combination of RETIRING a significant amount of existing outstanding restricted shares along with a buyback of additional outstanding shares (near 15 MLN pr'd)on the open market, will be proven as in the money facts.
Do also note the PR on October 24, 2007 revealed that the restricted common shares amounted to 155,733,240 and within 6 months that that had been SIGNIFICANTLY reduced to 63,000,000 according to the pr's from PR 4/28/08 & 4/30/08 So as can be seen my opinionated view that SIGNIFICANT could mean 30% is grounded in the fact that they already reduced the restricted by a much greater amount within six months.. The reduction from 10/24/07 to 4/28/08 was nearly 61% so IMO an opinionated 30% reduction in our most recent restricted shares has some merit.
