Just found on RB.
Nice post:
By: lancebps
12 Mar 2005, 09:10 AM EST
Msg. 6826 of 6879
(This msg. is a reply to 6819 by stockinvestor2005.)
Jump to msg. #
good point stock investors,lets take a look..
lebed started xdsl at .25 cents and it topped out
at .75 and consolidated back to .50 cents..
so the stock and market cap 3 months later is now double
and the company is now over the .40 cent mark that investment bankers and private companies require to make aquistion and get funding at rates and levels that dont destroy the companies like the debt convertible killings that stocks lower have to live with...
all in all what lebed did for xdsl is a perfect example of crossing ones fingers and hoping that he could bring to this stock...
ezto is a holding company,do you have any ideas of the kind of aquistions this company could make and the companies that would be wanting to come on board to a holding company if this stock was trading over .25 cents..
what most investors dont know it cost over 400k dollars to aquire an otc shell and than lawyer fees and other misc cost to go public,that a private company could be aquired by a holding company and than 6 months later be spinned off into its own entity and given its own future for 0k dollars except lawyers cost..
yes spin offs from a publicly traded company are given their own shell to trade in by the nasd....that is why a properly run holding company that truly understand what the concept means is one of the best,safest and profitable investments a trade could make...
