Sichere 80% Dividende von 0,09 $ + Aktienrückkauf KURS bei ---> 0,05 $ - 500 Beiträge pro Seite

[Alboreit]

Jun 26, 2008 08:58 ETBIH Corporation Releases Estimated Baron International Acquisition Numbers
WEST ORANGE, NJ--(Marketwire - June 26, 2008) - BIH Corporation (PINKSHEETS: BIHC) announced today that its Board of Directors as previously announced has agreed to a buyout of its subsidiary Baron International, Inc.

The Company believes that its shareholders are entitled to an estimate of the pending agreement. The pending agreement is subject to a contractual due diligence period with a sales price already negotiated; the sales price is between 0.19 and 0.23 cents per share. The acquiring party has a 5 day due diligence period of which to accept or to decline the agreed upon acquisition price contractually.

The Company has already determined that if the above-mentioned occurs, it will pay a one time cash dividend of between 0.07 and 0.09 cents per share as recommended by its attorneys and accountants (for tax purposes) to each and every shareholder on the record date, to be determined upon the acceptance and executed acquisition agreement.

"Mr. Galo apologizes for the lack of direct contact with the company's shareholders as these negotiations not only have come out of the blue but they have taken up every minute of his time; Mr. Galo has expressed his desire to either complete this deal or to get back to business. Mr. Galo has made it perfectly clear if this unsolicited offer does not meet or benefit The Company and its Shareholders monetarily, it will not happen," said Frank Nordstrom, spokesman for BIH Corporation

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

[Alboreit]

Aus dem Yahoo Board:

Despite what others may say. We know that a buyer came to BIH Corporation and offered up to $.20 per share on the open market. BIH decided to sell its subsidiary Baron International for $.19-$.23 cent PS after a 5 day DD period http://www.marketwire.com/press-release/... . The 5 days DD period is over and have no correspondance from our CEO Cris Galo which means deal is in contract and due to close at any day now.

We know that BIH Corporation acquired Baron Int a few months ago and Baron Int has been in business for 26 years http://www.marketwire.com/press-release/Bih-Corporation-8465…. Baron Int has been awarded the contract to DESIGN and INSTALL all 50 concession stands at The New York Mets (boo) new stadium Citi Field. We also know that BAron Int has been named the North American Distributor for the BeerMON System by TAKK Systems who main headquarters are in Hong Kong and have recently opened up an office in New York.

Last but not least the company, BIH Corporation was in the midst of a huge buyback/reduction of shares when the buyout offer came in reducing the a/s from 180,000,000 down to 80,000,000 http://www.marketwire.com/press-release/Bih-Corporation-8709….

This may be the strongest buy ever for a pink sheet company IMO supported by press releases issued by the company.

[Alboreit]

Kürzel BIHC

[Alboreit]

REMEMBER WHY YOU ARE HERE: BIHC DD

BIHC has agreed ro sell Baron Int to a private investor/buyer http://www.marketwire.com/press-release/Bih-Corporation-8728…. IMO the company was in the process of being taken over when they announced their own share buyback http://www.marketwire.com/press-release/Bih-Corporation-8634…. The company has since bought back several million shares of stock http://www.marketwire.com/press-release/Bih-Corporation-8709…. Since the beginning of the sale, the sale price has changed and the buyer/BIHC has negotiated a new higher sales price which might mean a higher dividend price http://www.marketwire.com/press-release/Bih-Corporation-8911….

If anyone would like to add anything to this post please feel free. This is just a little reminder of why we are here!!!

[Alboreit]

seit 5 Tagen steigende Kurse....

Die Meldung mit der Dividendenauszahlung von ca. 9 Cent steht kurz bevor.

.. und da bei einem kurs von 3 Cent.

Kurzes Tradingschance, ich rechne mit Kursen um die 30 - 50 Cent.

[JexiJason]

Antwort auf Beitrag Nr.: 35.238.016 von Alboreit am 23.09.08 17:48:54

grüße dich,
endlich mal einer da, bin auch davei bei bihc, verfolge nur ihub, hier nix los

keiner kennt die perle

[freshmeat]

komisch komisch über Deutsche Bank sind seit Tagen keine Shares zu bekommen. Angeblich morgen wieder ....

Ist eine echte ....

Gruss fresh

[Alboreit]

Ich glaube die müssen bei bihc erstmal einen Makler bemühen.

Ich verfolge ebenfalls auf Ihub, es bleibt spannend wie hoch die Divi wirklich ausfallen wird.

[Alboreit]

gestern schönes Volumen bei über 2 Mio.
Im intraday bei 0,037

Ich sage mal heute sind die 0,040 fällig

[Alboreit]

+9,68 %

morgen geht es auf die 0,040

[Alboreit]

bis Ende Dezember wird sich etwas getan haben....


BIH Corporation continues renegotiations of its contract for the sale of its Baron International subsidiary; the negotiations pertain to an adjustment in the acquisition price due to Baron's addition of several lucrative new major accounts and increased revenue.

ADVERTISEMENT


BIH Corporation's management has exercised its rights from the prospective buyer for an increase in the sales price (per clauses in the contract that state any major monetary changes up or down that either party may then initiate renegotiations) due to several lucrative new contracts being added between the time the contract was originally executed and now. Now that BIH Corporation has exercised that right, we realize that these are some very trying economic times but management is not willing to accept anything other then fair market value for Baron International.

With that being said BIH Corporation believes that an agreeable price can be reached and agreed to by both parties by the deadline for this transaction of December 31st of this year.

"The company realizes the shareholders' frustrations over the lengthy quiet period during these negotiations, however it has been reported to me by Mr. Ingala President of Baron, that his staff is being inundated with phone calls from shareholders and it is consuming his staff's time and interrupting their ability to perform their daily duties and conduct business. I would respectfully request that any shareholder with questions or concerns contact myself or my assistant via our phone number 1-866-532-5908, e-mail: [e-mail] or our new shareholder forum: http://bihcorporation.com/12701.html and I can assure you that your questions (if legally possible) will be addressed within a 48 hour period. I thank you for your consideration and look forward to a prosperous outcome for both the company and its shareholders," said Mr. Cris Galo, President & CEO BIH Corporation.

[Alboreit]

Ich rechne jetzt mit > 0,10 $ Dividende


hier das Shareholderforum
http://bihcorporation.com/12701.html

[Alboreit]

was hier bald abgeht

Here are some figures

You bring up very noteworthy comments, in fact, I must say in the bigger picture I agree with you wholeheartedly on the fact that quite a number of pinks are scams. I would also agree that no one should ever risk more than they can afford to lose COMPLETELY playing the pinks because it's just to damn risky out there no matter how optimistic you are (usually that is where you get burned anyway, and the first time it happens, boy does it hurt).

That all being said, BIHC is in a unique position. Do we have ALL the facts? Do we know the buyer? Do we know the exact terms? Nope, we don't know most of this, but we do have the edge on a few fronts. All the PR's to date have been factual (as far as we know) but what really strikes as a positive note is that there haven't been any LIES. The fact that there have been no PR's since the purchase is extremely promising.

Take this scenario:

BIHC buys Barons (just this April) for a few million dollars and we are all quite certain Barons is profitable (regardless of how profitable).

Now since the acquisition, Barons has received many installation deals, Mets, food chains, the list goes on so no point in listing them all.

Now if the former owners received Millions of dollars, that's great (upfront $$$), but they must have known after 26 years in business the future value of cash flows - right? Also if they did receive any stock from the purchase that stock would certainly be restricted for probably a year at least, so pumping it up after 3 months isn't gonna do them any good. Even if it were a pump, the value of 65 million shares at .04 cents is only 2.6 million. That would be a pretty bad pump only 2.6 million for any asset they paid millions for??? (and since the asset purchase was a taxable event, the taxes on even 50M shares at the time would have been a measly $22k)

Now in the original transaction, the former owners got paid cash in an asset purchase and probably received some restricted stock of BIHC. Now Barons is being sold for $16 million roughly, this isn't hard to see that the former owners were wise. instead of taking a $16M (or less) payout upfront and paying a hefty tax, here they get a few million up front, become shareholders of their own former company, collect a dividend and only pay 15%, still hold their shares and move onto a possible future merger or reverse merger all without having to do anything.

Also as far as the div goes, what else is a shell going to do? Retained earnings? For what? With $16M cash in an asset purchase dividend is a great idea, at 7-9 cents it pays the holders of the restricted stock over $4.5M @ .15% and a little over $1.75M to shareholders on record. This will still leave roughly $10M or so in cash - what the heck does an empty shell do with CASH? Nothing except look for a new merger or asset purchase and if this asset sale and divy puts BIHC on the map then other companies looking for a successful shell or acquisition will flock.

DO THE MATH:
If at the time the former owners could have got $12M that would be ~$8M after taxes, etc.

Now they way this went down - (assumes they hold 50M restricted)
Sold Barons for say $3M (profit of ~$2M), take a cash div of .09 (~$4M), they may still have stock worth ~$5M and working capital of $10M to do it again - You call that a scam? They have more networth now than with a straight sale and get to do it all again..

Is it a scam? who knows, but if it is they did everything WRONG. If it's legit, they did everything RIGHT.

[Alboreit]

langsam kommt Bewegung rein....bis Ende des jahres ist der Deal durch.

Ich rechne mit Kursen zwischen 0,20 - 0,30 $ bis Ende des Jahres