Post by
Moemoney42 on Apr 20, 2023 11:04am
OMG
I can't believe this conversation regarding the split of PHM into QIPT and VMD..!
The day of the "split" the value of QIPT and VMD equaled the value of PHM pre-split.. all shareholders who owned PHM were awarded shares in the 2 new entities equal to the value of shares they had in PHM according to the agreed split.. so NO FREE shares were "given" to anyone.. the only thing that changed was the 1 for 10 VMD shares post split thus giving VMD a higher start value of shares only not the enterprise value..
I'm shocked Westcoast, for a person who says they have so much money invested and yet doesn't understand the basic breakdown of how these values were established.. that certainly sheds light on your prowess now..!!
Comment by
westcoastlogger on Apr 20, 2023 11:21am
Another version of the deal explained another way. I would like to see the original copy and refresh my memory. I had more original shares than I thought if this is the way it shook down and equated into my holdings now. And I do have the money invested in VMD and QIPT. Slightly more shares of VMD than QIPT. And don't bother lecturing me in your condescending tone either.
Comment by
Tropicalsun on Apr 20, 2023 11:41am
Moemoney42, I think you are quickly realizing what this clown is all about, time to take out the trash too the iggy bin. LOL, GLTA.
Comment by
westcoastlogger on Apr 20, 2023 11:47am
LOL. If VMD was 1.00 there would be no insults like this. Because I have a six figure number of shares of each, VMD and QIPT, I get rocked. Dont believe me then but my story and position have never changed. Funny thing, jealousy and envy.
Comment by
Moemoney42 on Apr 20, 2023 11:54am
"jealousy and envy" LMAO.. ya sure.. Hey what was that comment to me about "patting myself on the back" for a good buy call.. yet you come here to brag about your "holdings"..! Yet can't grasp the details of how they were distributed.. LOL..
Comment by
Moemoney42 on Apr 20, 2023 12:44pm
"Oh I can grasp your details of the distribution but I cant remember 'every' detail from then." I just spelled it out for you... it's not THAT complex.. to even THINK you got "free shares" (your statement) means you have NO IDEA regardless of "every detail" LOL.. That's investing 101.. sheesh..!!
Comment by
westcoastlogger on Apr 20, 2023 12:51pm
We will see when we look into it. Meanwhile you should go to CPG to work off your frustrations instead of raging around here.
Comment by
westcoastlogger on Apr 20, 2023 2:16pm
Calm down. My PHM shares after averaging down were low .30 cents pre split. After consolidation with the 20 multiple they are 6 bucks as they show on my investment accts. My VMD shares show 2.40.
Comment by
westcoastlogger on Apr 20, 2023 3:15pm
Get over it. Its not that big of deal and changes nothing about my holdings because you think it does. Are you a woman or something??
Comment by
Moemoney42 on Apr 20, 2023 3:24pm
Are you a liar or something..? Did you actually sell 2 chain saws in S.A. and call it logging companies? LOL..
Comment by
westcoastlogger on Apr 20, 2023 3:41pm
This conversation is degenerating into questions from you I would of expected from a little kid. Adios. Ignore pile out behind the barn with you. Keep LOL ing youself.
Comment by
Moemoney42 on Apr 20, 2023 3:48pm
Adios jackass.. you can always tell when you're dealing with a BS'er when they can't defend their lies and run in circles trying to side step the facts.. busted..! LMAO..!
Comment by
westcoastlogger on Apr 20, 2023 3:21pm
Yes and I'm making money on VMD again today in a big way. Lets see 1420 bucks for every penny. 52 pennies equals 73840.00 as of right now. I did it that way so you could understand it. Sucks to be you.
Comment by
besttobe on Apr 20, 2023 2:47pm
Don't worry...he still doesn't get it and what ever numbers have gave are full of it too. He doesn't own that many shares and what he does own is in a loss position because he was buying old PHM near the old $2.00 mark...You can't believe a word the blowhard says....
Comment by
westcoastlogger on Apr 20, 2023 3:02pm
Your wrong. the split was 70%-30% if memory serves me correctly.
Comment by
Moemoney42 on Apr 20, 2023 3:13pm
I said for "example" you moron.. wasn't quoting the exact details of the split.. I could have used any combinations of numbers to get my point across but of course that went way over your head.. give it up man..!
Comment by
westcoastlogger on Apr 20, 2023 3:26pm
You were wrong AHole. Admit it.
Comment by
Moemoney42 on Apr 20, 2023 3:32pm
Yes it didn't take long to expose that.. LOL.. and you're absolutely correct.. I just love exposing these goofs for what they are and watch them run in circles with their lies.. too funny..! Take care..!
Comment by
besttobe on Apr 20, 2023 12:57pm
Logger is a lost cause and can't keep his story straight. The trouble is, I honestly think he believes his own lies and doesn't have a clue what is going on. Poor fellow.....