(Total Views: 491)
Posted On: 03/15/2019 4:47:04 PM
Post# of 29251
Re: jhnywlkrblck #26401
I wanted to post this from NYD just in case some had missed it. Remember
ANDI is the parent company and none of the subsidiaries can do anything without White's OK. We held our own again today. Everyone have a great weekend even you stooge!!!!
Here's another thing from the PR most folks probably skimmed over. The PR mentioned SWS getting on a major exchange. This is not unusual. For example, Service Master owned Terminex, Trugreen, Merry Maids (and 5 other subsidiaries), and all were publicly reporting and on major exchanges. There are many examples where a parent company has several subsidiaries that have gone public and eventually ended on a major exchange. Normally, the parent company would own a majority stake in the subsidiary and shareholders in the parent company would be given shares in the subsidiary based on how many shares they have in the parent company by a certain date. Here's a recent example, look up GNBT. GNBT just had one of it's subsidiaries file for an IPO and gave everyone 1 share in this subsidiary for every 4 shares they had in GNBT by a certain date. GNBT's share price went from approx $1.50 per share to $3.00 per share. So, things are looking up in ANDI land. Now, add in Revenues from phones at some point, no telling where this can go to. Go ANDI/SWS/Utopya/ACPS and GLTA!
ANDI is the parent company and none of the subsidiaries can do anything without White's OK. We held our own again today. Everyone have a great weekend even you stooge!!!!
Here's another thing from the PR most folks probably skimmed over. The PR mentioned SWS getting on a major exchange. This is not unusual. For example, Service Master owned Terminex, Trugreen, Merry Maids (and 5 other subsidiaries), and all were publicly reporting and on major exchanges. There are many examples where a parent company has several subsidiaries that have gone public and eventually ended on a major exchange. Normally, the parent company would own a majority stake in the subsidiary and shareholders in the parent company would be given shares in the subsidiary based on how many shares they have in the parent company by a certain date. Here's a recent example, look up GNBT. GNBT just had one of it's subsidiaries file for an IPO and gave everyone 1 share in this subsidiary for every 4 shares they had in GNBT by a certain date. GNBT's share price went from approx $1.50 per share to $3.00 per share. So, things are looking up in ANDI land. Now, add in Revenues from phones at some point, no telling where this can go to. Go ANDI/SWS/Utopya/ACPS and GLTA!
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