Replies to post #44874 on American Security Resources Corp. (ARSC)

[coolbob]

I would venture to speculate that, if what you are saying is true...many shareholders( myself included ) would opt to cash in their holdings after the 1/150 dividend and try to receive more than their initial investment cost.

Doing the scenario of R/S after the 1/150 dividend, I would barely break even...what kind of an investment is that????

Example: $ 1,000.00/ $ 0.0001 = 10,000,000. ARSC SHARES 1/150 =

66,666.66 NEW HYDRA SHARES ( R/S 1/10 )= 6,666.66 @ ?????

6,666.66 X 0.16 = $ 1066.66 All this B/S for a huge profit of:

$66.66

I'd take my chances on selling 66,666.66 after the Dividend of

even $0.08 = $ 5333.33 - $ 1,000.00 = $ 4333.33

That is, if this is how, they intend to handle HYDRA in the future.

Much selling, Yes, and by many shareholders no doubt!


JMO