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Re: Retflyr post# 11566

Monday, 12/26/2005 5:17:32 PM

Monday, December 26, 2005 5:17:32 PM

Post# of 315345
Retflyr So since we get the Dividend(ones the bought per PR)

of SNYY it means according to the post below that we SNYY shareholders still have a piece of Terra and Kachina, correct?
http://www.fcahc.com/wtb.html
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26 Dec 2005, 04:25 PM EST
Msg. 3813 of 3815
Jump to msg. #
FCDH sold Kachina Gold Mine & Terra Block to SNYY, so as to invest more into Blackout/The Fight Network.

SNYY paid FCDH from restricted shares for the value of Kachina Gold & Terra Block. The windfall from the sale of these two companys was based upon the value of SNYY shares at the time of purchase. The value of SNYY at that time was $1.20 PPs which equated to approximately $0.20 PPs of all FCDH shares. This was exactly a 6:1 split, IOWs, for every 6 shares of FCDH $0.20 would equal 1 share of SNYY $1.20.
6 X $0.20 = 1 X $1.20
This formula to derive the 6:1 split would mean that if every share of FCDH was to be cashed in on that day, it would have brought $0.20 PPS. However, since they were restricted, this value is not realized and it maybe realized for less or more after the 1 year restriction is lifted.

What does SNYY get out of this? --> They get Kachina Gold Mine and Terra Block with all their contracts.

The windfall/dividends from the sale of both companies was paid to FCDH with restricted shares. This means that FCDHers will be able to cash in their SNYY shares on January 7th 2007 at the value of SNYY at that time.

To date, the SNYY shares have increased in value by $0.30 PPs, which now equates to SNYY $1.50 PPs.

GLTA!!!!!