Posted On: 02/05/2014 3:25:04 PM
Post# of 16816
1. There won't / can't be a R/S until at least July 1, 2014 if not much later. Same applies to an increase in A/S. That was the purpose of the shareholder vote.
2. Financials haven't been reported since 3Q2012. No-one knows if BCAP has or hasn't been buying shares back over the past 1.5 years. Would need to see a current Q (or be Matt Dwyer) to understand the current share structure.
3. BCAP with its current share structure is a $24M market cap company @ $0.01. Very reasonable for a micro-cap finance company.
4. If there's a R/S and its proportionate (say 10:1 reduction in O/S and 10:1 reduction in A/S to tidy up the share structure, its essentially neutral). Also could have a positive impact if its part of an uplist process.
5. The biggest impact on BCAP is going to be its book value. As CYBK, TGGI and RIGH increase in book value it should have a positive impact on BCAP. Also remember BCAP has its own QB shell (call it ABCD) on its books which we don't have a current valuation for.
2. Financials haven't been reported since 3Q2012. No-one knows if BCAP has or hasn't been buying shares back over the past 1.5 years. Would need to see a current Q (or be Matt Dwyer) to understand the current share structure.
3. BCAP with its current share structure is a $24M market cap company @ $0.01. Very reasonable for a micro-cap finance company.
4. If there's a R/S and its proportionate (say 10:1 reduction in O/S and 10:1 reduction in A/S to tidy up the share structure, its essentially neutral). Also could have a positive impact if its part of an uplist process.
5. The biggest impact on BCAP is going to be its book value. As CYBK, TGGI and RIGH increase in book value it should have a positive impact on BCAP. Also remember BCAP has its own QB shell (call it ABCD) on its books which we don't have a current valuation for.
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