shifty
Serious Contributor
Posts: 442
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TWOG
Mar 16, 2006 12:59:03 GMT -5
Post by shifty on Mar 16, 2006 12:59:03 GMT -5
I just ran across it. Sorry no link, A-trade account.
ORLANDO, FL, Mar 15, 2006 (MARKET WIRE via COMTEX) -- International Energy, Ltd. (ILGY), formerly BDW Holdings, Ltd., has finalized an agreement with Transworld Oil & Gas (TWOG). Under the new finalized agreement, International Energy, Ltd. will purchase all assets of Transworld Oil & Gas for stock and Transworld Oil & Gas will dividend out these shares to its shareholders.
Each Transworld Oil & Gas shareholder will receive one (1) share of International Energy, Ltd. for every ten (10) shares of Transworld Oil & Gas. Shareholders of record on March 25, 2006 are expected to receive the dividend by the second week of April 2006. Further transaction dates and details will be announced in the near future.
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shifty
Serious Contributor
Posts: 442
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TWOG
Mar 16, 2006 13:38:33 GMT -5
Post by shifty on Mar 16, 2006 13:38:33 GMT -5
It looks like as of now if all things stay the same...$1850 would buy 100,000 shares of TWOG. ILGY shares currently at .90 would be a $9,000. dividend. Hhmmm I'd like to here anyones input. I going to do some DD later when I have the time.
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shifty
Serious Contributor
Posts: 442
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TWOG
Mar 21, 2006 14:17:24 GMT -5
Post by shifty on Mar 21, 2006 14:17:24 GMT -5
BUMP Any one buying? This looks like it ill pay off, just wondering if I'm missing something. Looks to good to be true.
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TWOG
Mar 21, 2006 23:27:58 GMT -5
Post by Islandtime on Mar 21, 2006 23:27:58 GMT -5
shifty,
ILGY PPs; is .65
TWOG: PPs .022
So for simple sake? For every $2.20.... 10x.022 (current PPs)of TWOG you own, you will get one share of ILGY worth .65 (current PPs) Thats about a 30-33% gain in divy money!
As long as the PPs stay's the same for ILGY? Correct?
Island
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shifty
Serious Contributor
Posts: 442
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TWOG
Mar 22, 2006 11:11:02 GMT -5
Post by shifty on Mar 22, 2006 11:11:02 GMT -5
10x.022=.22 ;D I had figured about 200% gain. I guess I should shut up and buy then I'll know how it's going to work out.lol Thanks.
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TWOG
Mar 22, 2006 11:30:23 GMT -5
Post by Islandtime on Mar 22, 2006 11:30:23 GMT -5
10x.022=.22 ;D I had figured about 200% gain. I guess I should shut up and buy then I'll know how it's going to work out.lol Thanks. Read this AGIAN. It wont be a 200% gain on TWOG. You will be just gaining about 25-30% from the dividend value they will be giving you! 10 shares of TWOG you get 1 share of ILGY ;D (just didn't want you to read it wrong)! ;D ...................................................................................... shifty, ILGY PPs; is .65 TWOG: PPs .022 So for simple sake? For every $2.20.... 10x.022 (current PPs)of TWOG you own, you will get one share of ILGY worth .65 (current PPs) Thats about a 25-30% gain in divy money! As long as the PPs stay's the same for ILGY? Correct? Island
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