I remember the other day when the ask was on 1.00pps. There are not many shares for sale and it will not take much to see it happen. I do not know that we will see a filing under Socal concerning the assets. Belvedere Capital Parteners has majority control of Socal. The 97 percent cut of the new merger will go to them. However, it would only stand to reason that flows into Socal in one form or another. Socal was originally formed for the sole purpose of owning PBB. They have a low float stock that they still own and there is really only one move for them to make. They pay off the debt that Socal owes (partly from PBB) and this should help clear up the stock becuase keep in mind this is all regulated by the federal reserve. Belvedere is NOT playing shell games with us. Banking is heavily regulated and our little penny stock is in the middle of a HUGE merger with Professional Business Bank and California General Bank. The owners of Belvedere Capital Parteners own Socal, PBB, and the Belvedere fund. They should have every interest in seeing Socal stock reap the reward in the end. We do not yet know how all this is going to take shape. Rest assured when it happens, the ask will take a jump that will make the other day look silly. No cheap shares when everything changes. It will happen just that fast based on my DD.
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