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STOCK_MOMO

05/21/10 11:19 AM

#41487 RE: coaldollars #41486

I love it. Give it some time and we will make some sweet cash. He doesn't have to do anything , but he is.

gr8lake

05/21/10 11:38 AM

#41490 RE: coaldollars #41486

Coal, If we get shares in a new shell @ say 1.5 new for 1 old, and the pps runs to between .05, and .25, would you really care if you got a cash dividend any more?
I doubt it, and I know that with 18.4 million shares, I sure wouldn't be waiting around for a .0025 dividend.
SpongeBath

SteveF

05/21/10 11:54 AM

#41491 RE: coaldollars #41486

Oh yea.....we got $100 Grand coming in Divi cash
at .0025....wonder what he means by Premium?


Try again. You're getting restricted shares in a new company whose valuation will be pulled out of thin air by Ed Hayter. This is exactly what he was trying to do when BIHC was suspended.

It would be simple for the new company to buy BIHC assets and then for Hayter to issue those proceeds as a cash distribution to shareholders. But then this shell-game pump-and-dump would be over.

Nobody would merge into a grey-sheet with SEC problems. Hayter already controls the new company - it's the only explanation.