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Monday, April 06, 2009 3:39:24 PM
missing the Point. I will write in Capital letters.
HAVING THE DIVIDEND PAY OUT NOW AT CURRENT SHARE PRICE OF .0001 IS BETTER FOR SHARE HOLDERS BECAUSE THE DIVIDEND FOR THE 620 MILLION WHICH BREAKS DOWN TO .0021 TO CURRENT SHARE STRUCTURE. THIS WOULD EQUATE TO 21 SHARES FOR EVERY ONE SHARE OWNED AT CURRENT PPS. COUPLE THIS WITH THE COMPANY ACTUALLY FOLLOWING THRU ON BUYING BACK 10 MILLION DOLLARS OF SHARES IN THE OPEN MARKET, ALONGSIDE THE STATEMENT FOR THE J/V TO BUY UP LARGE QUANTITIES OF SHARES ONCE THE CORPORATE WEBSITE IS "LIVE". THIS WOULD BE IDEAL FOR SHAREHOLDERS AND OFFER THE BEST "VALUE" FOR THE SHAREHOLDERS.
However, not a chance this will happen. The 1.7 trillion shares waiting in the wings will be dumped this week on the market and then a massive Reverse Split. Then the Moly Dividends will be paid based upon current PPS. Or The Moly Dividends will paid at the .0021 for every one share of HGLC held and then the Merger comes about and stock shares will be adjusted at the differnt price of the NEW Parent Company, lets say the trading price is 12.50 a share? Or myriad of all of the above. regardless, None will be in the best interest of the common sheeple share holder.
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