Replies to post #31497 on BIH Corporation (fka BIHC)

[slazenger7]

Posted by: slazenger7 Date: Saturday, December 13, 2008 5:54:57 PM
In reply to: None Post # of 31436

Just received this email from CEO Cris Galo in response to my email imploring him to release some news updates as to the plans the company has to remedy the problems caused by the loss of buyout deal:

Dear xxxxx,

We are working this entire weekend on ways to resolve the massive loss of the
company's market capitlization and expect to have a plan in place to stem and
reverse the results of last weeks trading. The company is looking at every
remedy with its attorneys and advisors and expect a plan to be announced next
week.

Regards,
Cris Galo
President

[dollarsandsense]

i will not sell. i came into this willing to lose it all. it very well may happen, but i will not sell.

[Whiplash_Investor]

I've posted several times that I sold at the open on Mon for 1.8 cents and have since bought back some at an avg cost of $.004. I hoping for a dive in the 4 decs to double-up.

I didn't sell because I felt the company sucked. I sold because all to often bad news produces large over-reactions in the pennys...just trying to make a buck on that.