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Thread: Gulf Commercial Bank has a meeting

  1. #21
    Join Date
    Nov 2004
    Posts
    1,333

    Default

    Thanks guys, I'm looking forward to receiving my 65,500 free shares but until I can attach a $$ value to it, it is still basically monopoly money to me.

    p.s. Except for Israel, I despise the middle east. Too many years watching these idiots trying to act like they're civilized people.

    Quote Originally Posted by HumbleGenius View Post
    If you own BGUC make a note. As I read this you should eventually be notified of 13.1% free shares of your holdings prior to last year's annual meeting.

    IMHGO
    Instead of our new POTUS (President of the United States), Barack Hussein Obama (aka Barry Soetoro) is the new MOTUS - Marxist of the United States

  2. #22
    Join Date
    Jan 2009
    Posts
    1,987

    Default

    13.1% is a good deal for free, considering a major international bank is providing all the paid up capital. Didn't Iraq Holding Company of Kuwait already own 51%???


    I'll check back in 2014 when they are finally given to me!

    This is the 3rd bank to do this, Gulf to 104B, Mansour did it to 236B, and Dijlah going to 300B...all by a single entity providing the capital. Majority owners may make this a trend well past the 250B requirement.
    Last edited by Kickabuck; 04-26-2012 at 05:14 PM. Reason: added stuff...

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