SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (820)6/14/2011 5:03:25 PM
From: Ted M  Read Replies (2) | Respond to of 1056
 
Hi jm. I took a look at BFHJ's filing. Not sure why you said the float is small. Looks like 700 million though did see this:

"The majority of the Company’s stock, specifically approximately 75% of the issued stock, is held by CEDE & Company, a subsidiary of the Depository Trust Corporation. The Company is not privy to the names and addresses of".

Not sure how tight that is though.

The 2 million preferred shares concerns me as it looked like they are worth 1,000 times the common, which could convert to 2 billion shares, unless I'm thinking of that wrong.

The revenue is not impressive, though the debt is low. I'm curious as to what you mean by this statement:

"They are poised to pick up a lot of online gaming and sports book business lost by poker sites slammed by the Fed."

Who would they pick the business up from--cheating Americans?
But the company says they won't allow it..?..

Shocked to see the following on IHUB. I didn't spend much time there but why are people so excited? I would be excited here if I saw something like $3 million in revs, up from $2 million 6 months ago..

Having said all of that, I might play anyway. :)