InvestorsHub Logo
Followers 18
Posts 668
Boards Moderated 0
Alias Born 02/14/2004

Re: lesnshawn post# 9134

Tuesday, 03/29/2005 2:35:40 PM

Tuesday, March 29, 2005 2:35:40 PM

Post# of 326350
Lenshawn:

When the merger between BSDS and Neom is completed there will still remain the empty BSDS shell. I have in the past been commissioned by two firms wanting to go public to find them a empty shell. Judging by that prior experience I would assume that the BSDS shell would be worth a minimum of $250k providing that Neom leaves it debt free and even removing BSDS tax carry forward losses. I would imagine that some day in the near future Neom might utilize this situation and do something like a 20 to 1 dividend spinout of NMPR into the old BSDS shell. Then the new company would be a separate entity free to trade on the over the counter market.