InvestorsHub Logo
Followers 0
Posts 526
Boards Moderated 0
Alias Born 03/30/2011

Re: techmover post# 8132

Sunday, 11/06/2011 9:21:42 AM

Sunday, November 06, 2011 9:21:42 AM

Post# of 8333
Guess I'm a bit confused. Me and mine own approx 20 million shares of ARSC. Our divvy is approx 133,333 shares of HYDRA. I agree, a lot of shareholders will sell immediately and the value of HYDRA will drop like a rock. I am thinking ARSC is quitting, since no annual or quarterlies have been filed - so what happens to the 20 million shares we have? Do they become worthless or part of a new company - HYDRA??? I do see an rs with ARSC if they remain a company, that's the only way the unit price will come up which is a good thing. The dollar value of the stock will remain the same, but the share price could increase to .10, depending on the rs. Yep, I am confused.


No, by the time everything is transferred over this new company will be trading in the range of .08 to .16 pps. Forget about ARSC...it will be null and void in this arrangement. You will keep your shares and if you meet the qualifications for the ex-divvy date, you will also reap the divvy. Then, later on, a R/S possibly hits HYDRA. This is what Frank told me to the letter. The reason why the R/S is also in the cards is because Frank and Bob both know that the .08 to .16 pps range will not remain knowing that people will take their profits. If this weren't the case, I don't believe a R/S would be needed.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.