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Post by shaboink on Oct 21, 2004 20:41:50 GMT -5
CIM IPOs on AMEX.
You are already a CIM shareholder due to dividend. You keep your shares as did the Google employees who received shares before the IPO as an employement benifit. Look what happened to those employees at Google. Google had serious problems retaining employees after the IPO. Too rich to work anymore.
Ok.. so CIM IPOs on AMEX. CIM tender offers and buys up GEMM, UCAD, and CMKX, shortly before the IPO.
Naked shorts don't matter anymore. UCAD and GEMM dividends were to keep it fair to the CMKX holders.
Naked shorts don't matter during a tender offer. Shorty is responsible for anything outside the authorized FLOAT.
CIM buys the Authorized OS minus the float from CMKX for 10 dollars. CIM buys GEMM and UCAD float a few pennies above current market price. (GEMM and UCAD's floats have been reduced recently...hmm thats an odd coincidence.)
CIM IPOs. New big investors look at what CIM has to offer in determining the new share prices.
1.4 million acres of mineral claims in Sask. Uranium joint venture. Big freaking gold mine in Ecuador. Tools to extract the gold in Ecuador. Zinc deposits. etc, etc, etc,....
Integrated business plan? Where does SGGM fit? (does it matter)
-burns
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Post by diagirl on Oct 21, 2004 23:01:51 GMT -5
Now that was a FUN READ! Thanks George Burns!
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