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porkbelly

07/31/07 11:21 PM

#254 RE: Ogclip © #252

The Patern never changes !! Divy Divy Divy ,,,,GAG GAG GAG T/A LMAO
I wonder if Ed will Pr info on the confusion with this Divy smoking the Sharecount?HMMMMM

oh where ohhhh where is My under -dog ohhhh where ohhhhh where can he B !!!!!!!!!
lmao
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morcash

07/31/07 11:23 PM

#255 RE: Ogclip © #252

From post 253, A stockholders claim doubles the day of the Forward Split because the 24million held restricted inside does not receive the dividend.


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

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flaflyersfan

07/31/07 11:49 PM

#271 RE: Ogclip © #252

Ogclip ©, you are wrong and time will tell. EOM