tag:blogger.com,1999:blog-7800674.post115522659907132134..comments2023-06-22T05:23:55.920-07:00Comments on Shaun's Real Estate Adventures: Reverse Merger Arbitrage Works!Shaunhttp://www.blogger.com/profile/05654897560778650994noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7800674.post-1155772568915673202006-08-16T16:56:00.000-07:002006-08-16T16:56:00.000-07:00Stu- our Rich Dad Canadian friend Jon's blog is ar...Stu- our Rich Dad Canadian friend Jon's blog is artofmoney.org lolAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155699932194971612006-08-15T20:45:00.000-07:002006-08-15T20:45:00.000-07:00I purposely don't put my email address here in ord...I purposely don't put my email address here in order to reduce the amount of spam I get. Leave a comment and I'll respond. Or, if you really want to send email, go to the discussion forums at richdad.com. My name there is shaunstu. Search for my profile and there will be a link to send me an email.Shaunhttps://www.blogger.com/profile/05654897560778650994noreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155681343253837032006-08-15T15:35:00.000-07:002006-08-15T15:35:00.000-07:00Shaun, I had the same request regarding email addr...Shaun, I had the same request regarding email address. I had a questions about the startup process I thought you might be able to help me answer. Thanks.CMShttps://www.blogger.com/profile/03221453219509272363noreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155663929819910472006-08-15T10:45:00.000-07:002006-08-15T10:45:00.000-07:00shaun, if you have an moment, could you email me? ...shaun, if you have an moment, could you email me? i can't find your email on the site... thanks man.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155651799375654912006-08-15T07:23:00.000-07:002006-08-15T07:23:00.000-07:00Yeah, I found this one too. (It's actually VTUD, n...Yeah, I found this one too. (It's actually VTUD, not VTUB.) I'm not sure about it though. If you read the filing carefully, they aren't merging with anyone yet. They are doing the split to make them more attractive for a merger. So there is still a possible play here. I bought 30 shares at 5 cents a share, which should net me 100 shares after the split. (I choose 30 shares because that was an example amount they used in their filing. If I have to argue this with a broker, that should make it easier to do.) But because they aren't merging yet, I don't know how big the payoff will be. It's a 1 for 40 reverse split, so the price should go up 40 times. With that plus the extra 70 shares I'll get, I should make a decent profit, but who knows. Penny stocks are volatile and by the time the extra shares show up in my account, the price may have dropped again. Even if all goes according to plan, the potential payoff here is less than $200 after commissions. 30 shares @ $0.05 = $1.50 + $12.95 commission = $14.45. 100 shares @ $2.00 = $200 - $12.95 commission = $187.05. Net profit = $187.05 - $14.45 = $172.60. Not bad, but nowhere close to QRUS.Shaunhttps://www.blogger.com/profile/05654897560778650994noreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155621498754504882006-08-14T22:58:00.000-07:002006-08-14T22:58:00.000-07:00Shaun, I found another one that looks like its set...Shaun, <BR/><BR/>I found another one that looks like its set to close out on Sept. 7th. I found a few key keyword searches of the EDGAR database that found this one for me. <BR/><BR/>Title of document:<BR/>PRE 14C for VENTURES UNITED INC filed on 08/07/2006<BR/>COMPANY NAME(s) - [VENTURES UNITED INC] CIK(s) - [789878]<BR/><BR/>Company ticker symbol: VTUB<BR/><BR/>Excerpt:<BR/>In conjunction with the Reverse Stock Split, no holder shall have less than one round lot, 100 shares, after the reverse split.<BR/><BR/>Only stockholders of record as of the date of the Reverse Split shall be afforded this special treatment. The expected date of the Reverse Split is September 7, 2006.<BR/><BR/>My take: Seems that you only need purchase a single share to take part in this opportunity. I will post this to Gualberto as well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155474308578462242006-08-13T06:05:00.000-07:002006-08-13T06:05:00.000-07:00I like this! Thanks for the background.I like this! Thanks for the background.Khyronhttps://www.blogger.com/profile/08040617292426246605noreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155243148213195912006-08-10T13:52:00.000-07:002006-08-10T13:52:00.000-07:00No no, I'm sticking with real estate. But I like t...No no, I'm sticking with real estate. But I like to dabble in stocks here and there and the downside was so small on this deal, I had to try.Shaunhttps://www.blogger.com/profile/05654897560778650994noreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155242987908932922006-08-10T13:49:00.000-07:002006-08-10T13:49:00.000-07:00Wow. It looks like something to look into. I hope ...Wow. It looks like something to look into. I hope this doesnt mean that your going to leave us hanging and leave the real estate world for the stock market.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7800674.post-1155231289360876142006-08-10T10:34:00.000-07:002006-08-10T10:34:00.000-07:00That is amazing. I actually heard something like ...That is amazing. I actually heard something like this before, but the info was too vague to make any sense out of. Now it makes total sense.<BR/><BR/>BTW, have you looked at the 506 Reg D that Kiyosaki mentions?<BR/><BR/>Thanks for posting this, Shaun!Stevehttps://www.blogger.com/profile/00481907039111729122noreply@blogger.com