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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Taki who wrote (128093)2/6/2004 11:39:04 AM
From: SSP  Read Replies (1) | Respond to of 150070
 
thnx Taki - BPNT has the cash to do it too: Cash and cash equivalents $ 4,275,736.



To: Taki who wrote (128093)2/6/2004 11:47:41 AM
From: Taki  Read Replies (1) | Respond to of 150070
 
BPNT,Alert.SSP find DD.Check it out:Quick math: say we have 50,000 shares, we'll get .08 x 50K = $4,000 plus .429(50,000) = 21,450 more shares.

This means with 50,000 shares you'll end up with $4,000 , and 71,450 shares.
That always come later Ed, for now, we'll end up with more shares plus .08 cash, at .20 - .08 = .12 then increase shares by 42%, means stock would have to trade at .06 after all this for you to loose, very fast math there, please keep in mind.
BPNT has the cash to do it, Cash and cash equivalents $ 4,275,736
BPNT - If the amount showing short on myTrack is correct 13,052,000, we are in for a nice ride!

investorshub.com
BPNT will issue more shares 72% of combined total to merge, plus pay current shareholders 5 cents plus 3 cents later = 8 cents, and 0.429 additional shares per common share.
BPNT - news was out yesterday after the bell, most didn't see it yet.

BPNT is merging with Fundever, Inc. that owns shop.schoolpop.com