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fredscott36

05/17/18 11:41 AM

#41341 RE: Sunnybank #41340

.......uwbi shares after conversion shouldn't be much of a problem......280,000 shares of FCNCA, total is very small and one dude controls 20mm shares of uwbi, Guy, and a handful of funds control 6mm.......might be a restriction of 10% of their HOLDINGS (ahem!!!!) in any 30-day period, unless BOD allows more.........

.....but all of UWBI shareholders could DUMP on day 2 and the s/p price might even rise.......................bec. of the thinly-traded aspect........

....bottom line, imo.......absolutely no problems with getting FCNCA......getting cash vs fc stock = LT-CG on the non-IRA.......that chops 20% off the top...................

.....and USB is gonna buy FC soon..........so hold frankie's fudge in your hands forever.............................................



BBANBOB

05/17/18 1:05 PM

#41342 RE: Sunnybank #41340

NOPEY and not even a bump in the road to em!!!!!!!

And for the most part I think you would see most holding on to those shares

LGL8054

05/17/18 1:31 PM

#41343 RE: Sunnybank #41340

Sunny I think you are on the right track and we know that FC put the FDIC up to finding a short cut to be able to open a Banking office in Colorado, they chose United Western Bank to take down, I believe that FC became responsible at that point. so if FC issue stock to UWB shareholders it should be the price of their stock from the beginning of the takeover when uwb closed there doors! $27 is about right.



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