Replies to post #61826 on Biocentric Energy Holdings, Inc. (BEHL)

[el_loco09]

Nothing mystifying about it, the proof is long term investors are not in control of the float, and we are only gaining a small amount of new long term investors. Those in control of the float currently are flippers and traders.

Cripes, two great PRs and I'm 9K in the hole... It is somewhat tempting to buy up a bunch at this level to average way down and help get some control of that float. But, 18K at risk is all I can stand at the moment. Looks like I'll be drinking some more Glenfiddich tonight. It's probably a good thing I don't drink while the market is open <big sigh>.

[greedy__malone]

BigBake if BEHL files a registration statement it will be for a new batch of common shares. These unregistered shares in existence now will be cancelled. The new symbol will be the results of that exchange.

So, the question would be what will the ratio of the newly issued class of shares be? I highly doubt they will want to start off on the OTCBB with a .02 stock and about 700 million outstanding.

That's why I said there will likely be a reverse of some kind associated with the registration of new shares and the new symbol.

Not a popular view I know but how will the new company raise money with 700 million shares out and a .02 stock price without driving the share price straight into the ground which will enrage the RWE investors who will likely receive stock in the deal.

[Hardwood]

There was a time where we once gave a very accurate long count, any folks honest enough to do it again? Problem is that we have gone so far off the beaten path that as soon as we get any momo even the longs start selling.