Replies to post #249 on BIH Corporation (fka BIHC)

[greenallday]

fff be gone, your advise is BS it is no where near the chiat you are presenting

[Ogclip ©]

A 3 for 1 divy is not a foward split, its a divy.. PDVP did a 25% divy a few months ago, and you got 25% more shares with no F/S..

If you had 100 after the divy you had 125... Thats all.. People sold after that, but you still had more to sell..



Even if the price opens up 75% lower as you claim you'll still have 3x the amount of shares, but thats not going to be the case..... It would if it was a F/S

[morcash]

my point was that the restricted don't receive the divvy only float holders, so your % of the company increases. While it adds liquidity it does't dillute since your holdings don't decrease in value.

I'm working this one out for myself not as if you don't already know it. The total value pre & post split will be the same in theory.

In this case FWIW
30 million at .03 of which float is only 6 million
total value = 900k
Float holders claim = 180,000

3:1 split for floatholders
42 million at .0214 of which float is now 18 million
total value = 900k
Float holders claim = 385,714

So you'll have 3x as many shares that should have a value of about 2/3 original pps for an overall gain of (3*.0214=.0642-.03) .0342

A stockholders claim doubles the day of the Forward Split because the 24million held restricted inside does not receive the dividend.

[HokieHead]

Dude, your nuts.

the day the dividend is officially announced, the next morning the stock will open 75% lower. net/ net = zero gain other than massive dilution.

It's not dilution, everyone owns 3x the shares they did the previous day...