Hi, DougeTX. Don't know about others here, but if
Post# of 17862
Posted On: 08/13/2014 12:20:44 PM
Hi, DougeTX. Don't know about others here, but if I were NorthCal I wouldn't do it. Why? Well, himr sells them 10 billion shares for 1 million. himr then fills the order and gets it to Northcal. What do you think the share price of himr would be then? .0002 or most likely more. Let's say .005 for this. Why would NorthCal want to give himr back 5 million dollars worth of shares?
And also, that would not reduce the O/S. NorthCal would just own the shares. Also, himr aleadr (as of Q1) has 21 billion shares so they would be increasing the o/s by 50% or so.
I think himr's best option (if available) is to be selling the logs locally right of the shore to try to get a revenue stream going. Then work from there. This is, of course, assuming that they have logs ready to bring ashore. Sadly, I do not think they have cut one single log to date. Why? A. If they have logs the fastest way they can generate revenue is PR it and show the investing world. The share price would likely pop, some anyway, allowing them to sell shares @ a higher price, more cash to as to the sales. B. more importantly. If they were cutting logs before the final permit and got caught, I bet they would be kicked of the lake and lose the permit.
just my take.
BTW, how is the dallas area? I am going up that way for a wedding in Oct.
And also, that would not reduce the O/S. NorthCal would just own the shares. Also, himr aleadr (as of Q1) has 21 billion shares so they would be increasing the o/s by 50% or so.
I think himr's best option (if available) is to be selling the logs locally right of the shore to try to get a revenue stream going. Then work from there. This is, of course, assuming that they have logs ready to bring ashore. Sadly, I do not think they have cut one single log to date. Why? A. If they have logs the fastest way they can generate revenue is PR it and show the investing world. The share price would likely pop, some anyway, allowing them to sell shares @ a higher price, more cash to as to the sales. B. more importantly. If they were cutting logs before the final permit and got caught, I bet they would be kicked of the lake and lose the permit.
just my take.
BTW, how is the dallas area? I am going up that way for a wedding in Oct.
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