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 : Anything Internet Corporation (ANYI) -- Ignore unavailable to you. Want to Upgrade?


To: brichard who wrote (44)2/9/1999 9:36:00 AM
From: AnnieO  Read Replies (1) | Respond to of 1570
 
Good Morning and Welcome brichard,

BANY owners last year were given a dividend of Anything Internet.

BANY owns a % of Anything Internet.

There is some wonderful DD on both BANY and ANYI Threads that is worth looking through.

Hope this helps.

AnnieO



To: brichard who wrote (44)2/9/1999 10:52:00 AM
From: brad greene  Respond to of 1570
 
brichard,

BANY received 1,000,000 shares of Anything Internet stock last year.......and awarded 200,000 of those shares as a stock dividend. It worked out to be about 1 share of AI for every 46 shares of BANY. Not much....but hey....very shareholder friendly.

So all BANY shareholders who were holders on December 7th.....now have shares of Anything Internet in their accounts....Anything Internet got an instant shareholder base......and BANY has 800k of AI stock in their treasury.

It really has worked out to be a cool deal for both BANY and AI. Just a while ago.....BANY also cancelled a 450k block of shares that many believe had already been sold....and it sure appears as though that may have been the case.....as about three weeks ago, BANY traded in a very narrow range as selling was rather large....It lasted at least 6 trading sessions. It seemed to be that someone was gobbling up as much BANY as they could at 76 to 78 cents.

If we are correct...and this was short covering of this position......then the Anything Internet dividend that went along with those 450k of BANY is now in a short position......(10,000 shares)

Now.....from a technical view......assuming that Insiders and a few very large outside shareholders do not wish to sell........This will leave only the dividend shares of AI that were not awarded to Insiders and other large holders....in play as the stock begins trading.

Of the 200,000 dividend shares.....I believe 3/4 of them went to Insiders or 100k+ shareholders. While perhaps 50k are in small amounts.......in accounts like C.McD...Annie....Kluas the Dane...etc.

There is no 3 million share IPO here.......there is just a little stock that will begin trading. "tight" will bring on a whole new meaning....IMO.

I know many of the large block old timers. Although I can't speak for them.....I believe most believe that AI will be showing very strong sales growth....and will have a full NASDAQ listing very quickly......so the price of the stock would need to go very high right off the bat in order to get them to peal off even a few shares. So I think the feeling is that it just gets better.....why sell?

I know I feel this way. I think the 10k short folks are really going to get a stick in their eye on this one. <g>

It should be very exciting....I think there is lots more to come....and lots of it before trading starts.....So this is good....everybody will have more to go on.

bg