Replies to post #47109 on Biocentric Energy Holdings, Inc. (BEHL)

[AceSpades]

So it sounds like a 10:1 R/S but you get to keep your original BEHL shares of the empty shell....

Very poorly worded PR that caused a very muted response to the uplisting...

Seems like IR may have been trying to be cute with their wording of a R/S...

[thebobber]

you forgot the 10% bonus shares as a premium

[BiffL]

johncpu415, that's makes sense. My only question is why would the old BEHL shares have any value period? How are those old shares still considered a business? Thanks.

[prsch3259]

Correct.

prsch3259

[subzeroed]

Yeah and if the closing price is .01 the new price would in theory be .10.

[ragudad]

I just spoke to Dale and this is what he told me also...and it will force shorters to cover BEFORE symbol change.

[oneinamillion]

That looks like a reverse split/merger. Unless the other company is very solid it could be a problem. Not sure how the bonus share would affect everything. Would like to know who gets the preferred shares too. Let's make sure they explain how this is good before telling them we are happy with this move. All the stocks I follow keep fooling with share structure these days.