posted
from ihub: doubter turned believer, YOU BE THE JUDGE: I could not reach Rufus on the cell so I called the next man in line: Ben Stanley
Chief Operating Officer
Cell Phone: 317-213-7700
I asked him if FHAL share holders were going to get the 15 pps? He said yes they will! I agian asked the same question and added or are just the original cvsu shareholders getting the 15 he said no both are getting the 15! I again said so both current CVSU and FHAL shareholders are going to receive 15 pps and he said yes!
Please do not go on my word call him yourself I am just relaying my conversatiojn that I just had with him!
Posts: 559 | From: MN | Registered: Apr 2006
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posted
[/QUOTE]Why would we spend our time trying to explain the reasoning, the advantages to both companies, where to find answers to all your questions?? Have you read every post on every board out there? All of your questions have been addressed in previous posts and are there for you to find. You are new and definetly have a motive, call the CEO, read "every" post then return with your questions. GLTY [/QB][/QUOTE]
That's not an answer. I have been reading and doing DD just as hard as I can. I don't have any "motive" so you can stick that sort of thick headed response in the toilet. I'm looking at a balance sheet for a company that says it has 800 million+ in assets and yet generated not a single penny of income. I'm looking at the balance sheet for another company that has accountants saying that it's future as a going concern is not assured due to the fact it has negative net worth and is losing money hand over fist but for some reason this money losing company is now the target of a takeover/merger? Know what else? I spent a lot of time going through the various pages of the CVSU.US web site. Horse stables? An address at a virtual office that is shared by many other companies?
If I have motive here it is simply to find out the answers to some of these questions and to find out why so many people seem willing to ignore the numbers and read what they want to read into press releases that don't say what they have convinced themselves that they say.
People buying FHAL are NOT going to get the difference between the share price and 15 bucks when this merger closes. That would be fiscally insane on so many levels that it defies description.
Do you know what UCC notes are? UCC notes are simply "uniform commercial code promissary notes" and they are often not worth the paper they are printed on. You but up 100 million dollars of defaulted car loans for 10 grand and you have yourself 100 million dollars worth of UCC notes. Good luck getting any money out of them.
Bonds? Bonds are only as good as the issuing authority. I want to know where these half a fricking billion dollars in "long terms bonds" come from. You won't get that info on the laugher of a balance sheet.
I don't own this issue. I don't plan on buying this issue. I don't work for a broker, a market maker and I don't have any relationship at all with anyonne anywhere who has any financial interest in this stock what so ever. If I had bought in for 11 cents a share, I'd sell and be happy and not the least bit concerned about whatever the final outcome is. But I didn't buy in at .11 or .26 and I'm not about to buy in at a buck or more. All I asked was for someone to show me where I'm wrong. It's pretty apparent that you want to see ulterior motives where non exist and it's also apparent that you don't have the answers.
All I am saying is that these numbers do not add up...and they don't. If CVSU has nearly a billion dollars in real assets, then FHAL has nothing to offer them. An OTC:BB ticker just ain't that hard to get.
Now then, is there anyone here that might like to actually address the concerns in my earlier post?
Posts: 13 | From: Montgomery, AL | Registered: Jun 2006
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posted
ROMBERRY, "I don't own this issue. I don't plan on buying this issue. I don't work for a broker, a market maker and I don't have any relationship at all with anyonne anywhere who has any financial interest in this stock what so ever. If I had bought in for 11 cents a share, I'd sell and be happy and not the least bit concerned about whatever the final outcome is. But I didn't buy in at .11 or .26 and I'm not about to buy in at a buck or more. All I asked was for someone to show me where I'm wrong."
Then why are you here. If you don't own it then why take the time to write.
Posts: 459 | Registered: Mar 2006
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posted
I think it would be best for you to call and question your concerns with the COO or CEO, maybe tell them there money/assests are no good. Best of luck to you, any answer I or anyone else gives will not satisfy you, please call and find out for yourself...my only worry is that by the time you find your answers we will be far higher in PPS
Posts: 559 | From: MN | Registered: Apr 2006
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posted
isnt it possible though, that there's things we shareholders don't know yet? Some on ihub were told on the phone that we would get a wave of PR's, starting this week. Im not trying to find excuses to defend this stock, though being long I'm biased of course Posts: 1091 | From: Brugge, Belgium / Dallas TX USA | Registered: May 2006
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Why would we spend our time trying to explain the reasoning, the advantages to both companies, where to find answers to all your questions?? Have you read every post on every board out there? All of your questions have been addressed in previous posts and are there for you to find. You are new and definetly have a motive, call the CEO, read "every" post then return with your questions. GLTY [/QUOTE]
That's not an answer. I have been reading and doing DD just as hard as I can. I don't have any "motive" so you can stick that sort of thick headed response in the toilet. I'm looking at a balance sheet for a company that says it has 800 million+ in assets and yet generated not a single penny of income. I'm looking at the balance sheet for another company that has accountants saying that it's future as a going concern is not assured due to the fact it has negative net worth and is losing money hand over fist but for some reason this money losing company is now the target of a takeover/merger? Know what else? I spent a lot of time going through the various pages of the CVSU.US web site. Horse stables? An address at a virtual office that is shared by many other companies?
If I have motive here it is simply to find out the answers to some of these questions and to find out why so many people seem willing to ignore the numbers and read what they want to read into press releases that don't say what they have convinced themselves that they say.
People buying FHAL are NOT going to get the difference between the share price and 15 bucks when this merger closes. That would be fiscally insane on so many levels that it defies description.
Do you know what UCC notes are? UCC notes are simply "uniform commercial code promissary notes" and they are often not worth the paper they are printed on. You but up 100 million dollars of defaulted car loans for 10 grand and you have yourself 100 million dollars worth of UCC notes. Good luck getting any money out of them.
Bonds? Bonds are only as good as the issuing authority. I want to know where these half a fricking billion dollars in "long terms bonds" come from. You won't get that info on the laugher of a balance sheet.
I don't own this issue. I don't plan on buying this issue. I don't work for a broker, a market maker and I don't have any relationship at all with anyonne anywhere who has any financial interest in this stock what so ever. If I had bought in for 11 cents a share, I'd sell and be happy and not the least bit concerned about whatever the final outcome is. But I didn't buy in at .11 or .26 and I'm not about to buy in at a buck or more. All I asked was for someone to show me where I'm wrong. It's pretty apparent that you want to see ulterior motives where non exist and it's also apparent that you don't have the answers.
All I am saying is that these numbers do not add up...and they don't. If CVSU has nearly a billion dollars in real assets, then FHAL has nothing to offer them. An OTC:BB ticker just ain't that hard to get.
Now then, is there anyone here that might like to actually address the concerns in my earlier post? [/QB][/QUOTE]
Moron one of the easiest way to go public is for the bigger private company to merge with a smaller public shell company. GET OUTTA HERE before I send somebody down to your hicktown. F'ing playa hater!!!! wish you bought at 11 cents. Your dumbass wouldn't be so frustrated right now
-------------------- Rule 1: Always Protect Your Capital Rule 2: Earn slow, Don't lose fast Posts: 457 | From: Miami, Florida | Registered: May 2006
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quote:Originally posted by Hannibull: isnt it possible though, that there's things we shareholders don't know yet? Some on ihub were told on the phone that we would get a wave of PR's, starting this week. Im not trying to find excuses to defend this stock, though being long I'm biased of course
Bingo, from Rufus: large contracts in the works, NASDAQ listing, JV's and subsidiarys all to PR'd
Posts: 559 | From: MN | Registered: Apr 2006
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posted
I am going to try and go to CVSU's address listed on thier site tomorrow. I live about 15min away from Kennesaw..
On second thought, I date a girl in kennesaw, Im heading there tonight, Im gonna leave early and see if i can at least find a building with thier name on it..
Camera in hand, and microrecorder in pocket we shall see tomorrow. Posts: 162 | From: Atlanta | Registered: May 2006
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posted
This form another forum. Don't know who its from or to. Sounds interesting and very well thought out.
Dancer, I'll take a shot at a few of your questions.
The news came out six days ago, and some of us bought in right away. That led to a 100% pps spike. However, in penny land, runners are like mayflies: they have a very short life, and most "players" were assuming this was just a standard one day momo play
Many more serious investors had to really understand the terms of the merger agreement. This is a reverse merger, which is a little more exotic than a standard merger, and is done primarily when a more succcessful, well capitalized corporation acquires a less successful company which has the good fortune to be a compliant, clean record, Nasdaq or OTCBB listed firm.
Although there are other examples of stocks running up based on the value of the acquiring company, and the new book value, those examples are not well known, and everyone need to find out for themselves.
Over the course of three four days, people on this board, and HSM as well, took it on themselves to make phone calls to he officers and CEO of FHAL/CVSU, to get the word directly. that led to a "OhmyGodit'sTrue" moment.
Word that the $15 pps is virtually guaranteed (and nothing, ni my mind is 100% guaranteed) spread overnight through the boards, causing this stock to rise 215% on just DD, and boards.
As far as why the price isn't closer to the $15 price, all we can say is: hang out and wait a bit. A week isn't too much to ask.
We have had confirmation from the company that they have been buying up the float, and the stock has certainly been trading like a low float rocket.
Nevertheless, there will always be daytraders,momentum players, who are going to look for their 35-50% day gains and sell. This will lead to periodic pauses on FHAL's ascent. I can't guarantee you won't see some selloffs that may make you wonder what's going on. But if a big dayplayer bought up 200K shares, and has just sold those after doubling his money, it will affect the stock price. What I've seen, however, that there seem to be plenty of buyers waiting to pick up stock on good dips. Nice sign.
We have not even had a PR on this company, or a major profile by a stock analyst yet. MarketWatch did include FHAL in a list of three stocks to watch (it was the only OTCBB, I might add) But we are expecting more this week.
If FHAL performed the way it did yesterday, on news, I can only imagine where it will go with more spotlight attention.
Remember, CVSU wants the stock price to go up as much as possible. If the stock is at $15 the day of the completion, they will have to pay nothing to any shareholders. Therefore, it is our impression they will be pumping this as much as we hope they will. It is in both our interests.
In addition, CVSU is a financial "incubator". They find companies, help grow them, and spin them off. It is my impression they want to get listed quickly on the NASDAQ very quickly, because they want to raise capital to buy something fairly big.
quote:Originally posted by Danny_K: I am going to try and go to CVSU's address listed on thier site tomorrow. I live about 15min away from Kennesaw..
On second thought, I date a girl in kennesaw, Im heading there tonight, Im gonna leave early and see if i can at least find a building with thier name on it..
Camera in hand, and microrecorder in pocket we shall see tomorrow.
please do keep us updated! and thanks! Posts: 1091 | From: Brugge, Belgium / Dallas TX USA | Registered: May 2006
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posted
Posted by: JJSeabrook In reply to: None Date:7/19/2006 7:19:35 PM Post #of 4301
Rufus call posted by a mod on a board that I'm an admin:
Public Reply | Private Reply | Keep | Last Read Next 10 | Previous | Next Posted by: Retflyr In reply to: None Date:7/18/2006 8:56:11 PM Post #of 35056
opened .285, high .82, closed .645 FHAL ************************************************
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Listed & Nasdaq | Automotive and Transportation | Fronthaul Group (FHAL) FHAL Quote/Level II - News - Quote - Chart
Public Reply | Private Reply | Keep | Last Read Next 10 | Previous | Next Posted by: trout31 In reply to: None Date:7/18/2006 8:46:05 PM Post #of 2851
I actually called & spoke to the CEO of CVSU, today.
The CEO basically during my discussion with him ... put his reputation on the line, & CVSU's ... by stating that a $15 dollar share price would be set, once the merger occurs.
Hey made it clear that a NASDAQ listing, was what CVSU was after. He stated, that CVSU has all the financial and asset requirements ... to be listed on NASDAQ, as of now.
He finally stated that it was his belief, that the share price once at $15 level, would move steadily upwards instead of declining.
Just one more time for those who still are saying THAT's IMPOSSIBLE! Do your own DD
posted
Hustla, first of all I made my share of money on this stock, 2 times. the way i see it , mostly the reason the pps rocketed is on speculation of a $15 buyout. now that its been cleared up by the pr i dont see why people would be speculating on $15 anymore.
-------------------- It's ALL good! Posts: 175 | From: Sacramento | Registered: Jun 2006
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posted
The last trade after-hours might be a good signal to tell us whether it'll dip or fly thru the roof tomorrow. It was just 200k and 40% above the asking price... that's all...
Posts: 233 | Registered: Sep 2005
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quote:Originally posted by fryyguyy: ROMBERRY, "I don't own this issue. I don't plan on buying this issue. I don't work for a broker, a market maker and I don't have any relationship at all with anyonne anywhere who has any financial interest in this stock what so ever. If I had bought in for 11 cents a share, I'd sell and be happy and not the least bit concerned about whatever the final outcome is. But I didn't buy in at .11 or .26 and I'm not about to buy in at a buck or more. All I asked was for someone to show me where I'm wrong."
Then why are you here. If you don't own it then why take the time to write.
working through the tread, here--
Hope to see no more of this: this is Allstocks, not RB. No one needs a position to discuss a stock.
Why would we spend our time trying to explain the reasoning, the advantages to both companies, where to find answers to all your questions?? Have you read every post on every board out there? All of your questions have been addressed in previous posts and are there for you to find. You are new and definetly have a motive, call the CEO, read "every" post then return with your questions. GLTY
That's not an answer. I have been reading and doing DD just as hard as I can. I don't have any "motive" so you can stick that sort of thick headed response in the toilet. I'm looking at a balance sheet for a company that says it has 800 million+ in assets and yet generated not a single penny of income. I'm looking at the balance sheet for another company that has accountants saying that it's future as a going concern is not assured due to the fact it has negative net worth and is losing money hand over fist but for some reason this money losing company is now the target of a takeover/merger? Know what else? I spent a lot of time going through the various pages of the CVSU.US web site. Horse stables? An address at a virtual office that is shared by many other companies?
If I have motive here it is simply to find out the answers to some of these questions and to find out why so many people seem willing to ignore the numbers and read what they want to read into press releases that don't say what they have convinced themselves that they say.
People buying FHAL are NOT going to get the difference between the share price and 15 bucks when this merger closes. That would be fiscally insane on so many levels that it defies description.
Do you know what UCC notes are? UCC notes are simply "uniform commercial code promissary notes" and they are often not worth the paper they are printed on. You but up 100 million dollars of defaulted car loans for 10 grand and you have yourself 100 million dollars worth of UCC notes. Good luck getting any money out of them.
Bonds? Bonds are only as good as the issuing authority. I want to know where these half a fricking billion dollars in "long terms bonds" come from. You won't get that info on the laugher of a balance sheet.
I don't own this issue. I don't plan on buying this issue. I don't work for a broker, a market maker and I don't have any relationship at all with anyonne anywhere who has any financial interest in this stock what so ever. If I had bought in for 11 cents a share, I'd sell and be happy and not the least bit concerned about whatever the final outcome is. But I didn't buy in at .11 or .26 and I'm not about to buy in at a buck or more. All I asked was for someone to show me where I'm wrong. It's pretty apparent that you want to see ulterior motives where non exist and it's also apparent that you don't have the answers.
All I am saying is that these numbers do not add up...and they don't. If CVSU has nearly a billion dollars in real assets, then FHAL has nothing to offer them. An OTC:BB ticker just ain't that hard to get.
Now then, is there anyone here that might like to actually address the concerns in my earlier post? [/QUOTE]
Moron one of the easiest way to go public is for the bigger private company to merge with a smaller public shell company. GET OUTTA HERE before I send somebody down to your hicktown. F'ing playa hater!!!! wish you bought at 11 cents. Your dumbass wouldn't be so frustrated right now [/QB][/QUOTE]
quote:Originally posted by bloodykitten: This form another forum. Don't know who its from or to. Sounds interesting and very well thought out.
Dancer, I'll take a shot at a few of your questions.
The news came out six days ago, and some of us bought in right away. That led to a 100% pps spike. However, in penny land, runners are like mayflies: they have a very short life, and most "players" were assuming this was just a standard one day momo play
Many more serious investors had to really understand the terms of the merger agreement. This is a reverse merger, which is a little more exotic than a standard merger, and is done primarily when a more succcessful, well capitalized corporation acquires a less successful company which has the good fortune to be a compliant, clean record, Nasdaq or OTCBB listed firm.
Although there are other examples of stocks running up based on the value of the acquiring company, and the new book value, those examples are not well known, and everyone need to find out for themselves.
Over the course of three four days, people on this board, and HSM as well, took it on themselves to make phone calls to he officers and CEO of FHAL/CVSU, to get the word directly. that led to a "OhmyGodit'sTrue" moment.
Word that the $15 pps is virtually guaranteed (and nothing, ni my mind is 100% guaranteed) spread overnight through the boards, causing this stock to rise 215% on just DD, and boards.
As far as why the price isn't closer to the $15 price, all we can say is: hang out and wait a bit. A week isn't too much to ask.
We have had confirmation from the company that they have been buying up the float, and the stock has certainly been trading like a low float rocket.
Nevertheless, there will always be daytraders,momentum players, who are going to look for their 35-50% day gains and sell. This will lead to periodic pauses on FHAL's ascent. I can't guarantee you won't see some selloffs that may make you wonder what's going on. But if a big dayplayer bought up 200K shares, and has just sold those after doubling his money, it will affect the stock price. What I've seen, however, that there seem to be plenty of buyers waiting to pick up stock on good dips. Nice sign.
We have not even had a PR on this company, or a major profile by a stock analyst yet. MarketWatch did include FHAL in a list of three stocks to watch (it was the only OTCBB, I might add) But we are expecting more this week.
If FHAL performed the way it did yesterday, on news, I can only imagine where it will go with more spotlight attention.
Remember, CVSU wants the stock price to go up as much as possible. If the stock is at $15 the day of the completion, they will have to pay nothing to any shareholders. Therefore, it is our impression they will be pumping this as much as we hope they will. It is in both our interests.
In addition, CVSU is a financial "incubator". They find companies, help grow them, and spin them off. It is my impression they want to get listed quickly on the NASDAQ very quickly, because they want to raise capital to buy something fairly big.
posted
Here is one of CVSU's joint ventures and they have government contracts with an estimated worth of $600 million with the F-22 and F-35. Is this included in the $800 million worth of the company(CVSU)? It is AISS on CVSU homepage.
Posts: 459 | Registered: Mar 2006
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quote:Originally posted by fryyguyy: Here is one of CVSU's joint ventures and they have government contracts with an estimated worth of $600 million with the F-22 and F-35. Is this included in the $800 million worth of the company(CVSU)? It is AISS on CVSU homepage.
Just a side comment on this: the fact they have a contract for the F22 explains thier location perfectly, Dobins ARB is 10 min from thier office, and this is where they actually BUILD the F22. This would lead me to belive they have actually personel working in Kennesaw apposed to a "virtural office" as a previous poster said. But then again, you never know. Just expressing my thoughts.
Posts: 162 | From: Atlanta | Registered: May 2006
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Thats the link to where I got it from. I am not sure the rules of this board about posting links so I didnt include it.
Posts: 28 | Registered: Jul 2006
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posted
And Colgate-Palmolive shares a building with FGFC. Does that mean that Colgate is a scam? My Insurance Agency shares an office building with a PI, are we a scam too?
quote:Originally posted by romberry: I think people better read the that press release again and do it slowly and carefully. I don't think it says exactly what a lot of people seem to think it says. Compare it very carefully (and I do mean very carefully) with special attention on the terms and definitions as outlined in the SEC Form 8-K.
I also suggest that you take a minute to look up the address for CVSU as is presently listed on their home page at CVSU.US. The address 125 TownPark Drive Suite 300. Kennesaw, GA 30144 is nothing more than a "virtual office" (see regus.com) shared by dozens of other "companies" ranging from private investigators to a small fitness center to carpet and rug companies.
As for share price and what will or won't be paid out to shareholders, where exactly is it that all the capital required to pay this difference going to come from? If this company and its pricipals have the equivalent of 15 dollars per share in capital lying around, why on earth would the best use of it be to pay out enormous these gains to shareholders?
Has anyone looked at the last 10QSB at Edgar? As of March, the company (FrontHaul) had a negative net worth of nearly 2 million dollars. CVSU, being an unaudited pink sheet stock with no reporting requirements, doesn't even have anything on file . Where did these supposed 800 million dollar in assets come from? Did they materialize out of thin air? If you are relying on thier unaudited balance sheet, why not ask yourself how a company that supposedly has 843 million dollars of assets was able to generate not one single penny of income from January through March of this year. 300+ million in UCC notes? Do you even know what a UCC note is? 500 million in long terms bonds? Who issued those bonds? Is that their face value? Are they marketable? And why is a company with 800 million dollars in assets (but no income) interested in merging with a money losing company that has a negative cash flow and negative net worth?
I'm glad that a lot of people have made a lot of money here and I'm certainly open to someone looking all these things over and telling me where exactly I'm wrong but as of this moment I'd say something doesn't smell right. Proceed with caution.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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posted
I like this from AISS website. Just one JV CVSU is involved in. I wish I could invest in AISS also .
Under the auspices of the DoD's Mentor-Protégé Program, Lockheed Martin has provided invaluable technical training and management support to American International Smart Structure (Georgia Aerospace). The relationship has been an enduring source of knowledge, competencies, and insights that constitute a competitive advantage for American International Smart Structure (Georgia Aerospace). Specifically, Lockheed Martin is the largest defense contractor in the U.S. and the beneficiary of a commanding position on several new Department of Defense programs. Lockheed Martin has won 8 of 12 contract competitions this year. In recent months, the company has been selected as the prime contractor on the Joint Common Missile (estimated contract value: $5.5 billion over 20 years), the LSI (Lead Systems Integrator) on the Aerial Common Sensor SD&D contract ($8 billion over 25 years), the sole contractor on the Compact Kinetic Energy Missile ($2 billion in total value), the contractor for the Navy's new satellite system, MUDS ($2.1 billion over the first seven years), and one of two companies selected as possible LSI’s for the Littoral Combat Ship ($14 billion in total value). American International Smart Structure’s close operational and strategic relationship ensures it a highly visible position on sub-systems put out to bid by Lockheed Martin
Posts: 459 | Registered: Mar 2006
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quote:Originally posted by yayplaya: i think people are going to realize this and a possible sell off tomarrow...
Realize what? Realize that a PR stating that the shareholders of the new company, CVSU.ob (FHAL +old CVSU), will get $15 per share. I seriously doubt this will cause anything to go lower, what we will realize is how fast you will be chasing to get in
Exactly. When CVSU gets the FHAL shares along with the cash to make up the $15 difference I would imagine that CVSU holders are confidently expecting the pps to increase after merger. Otherwise they get a 1 time "pay out" and then watch their investment sink. Unless, of course, that is the plan...which scares me a little bit.
Rufus wants $15 pps so he doesnt have to pay out any cash. Everyone involved wants to see the pps increase over time so i think all will be well, just slower than we thought. IMO
Posts: 2308 | From: Michigan | Registered: Jun 2006
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Thats the link to where I got it from. I am not sure the rules of this board about posting links so I didnt include it.
lol im afraid the first part of the link is going to have to be spelled out
Posts: 1091 | From: Brugge, Belgium / Dallas TX USA | Registered: May 2006
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posted
And chart today is looking plenty good as MM's trying to bring it below $1 to absorb as much as possible, while they don't seem to want it to drop too low where the whole thing tanks.
quote:Originally posted by Newbie7: And chart today is looking plenty good as MM's trying to bring it below $1 to absorb as much as possible, while they don't seem to want it to drop too low where the whole thing tanks.
The AISS projects really look interesting..
that's a goooooood point.. excellent.. i forgot about that explanation.. the moon tomorrow..
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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Posted by: Zanatos In reply to: None Date:7/19/2006 8:10:12 PM Post #of 4356
"OK guys, listen carefully, this is what the OTC broker told me:
Option one needs no clarification. Option 2 means: That CVSU will pay you the difference between $15 and he closing PPS in cash. BUT, you will STILL HAVE YOUR CVSU SHARES! (valued at the closing PPS) Option 3 means: that when listed, the PPS will open * $15
Furthermore, he confirmed that CVSU's plan of listing on the NASDAQ made perfect sense (referencing the actual value of 32-34 and offering $15).
My heart was racing as I sat down in his office, but I left walking on air.
In short, what he is saying is that as they stated it, no matter what the market does between now and then, we will be getting $15 per share, but the options will be executed according as to what the market does between now and then."(-Michael)
Posts: 354 | From: Novi, MI | Registered: Apr 2006
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posted
That would be incredible if it happens. But if the scenario is the other side, it should still be up in the coming days. JMHO
And it seems that doing a R/S wouldn't really benefit them since the pps will more less drop as fast as Rufus splits, which is not what Rufus would want. It makes much more sense to buyback as much shares as possible to put a squeeze on supply.
$4-6 at 65 mil to push up the price is still much better than paying $11-13 difference at 45 mil. (Just an example)
Posts: 233 | Registered: Sep 2005
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Posted by: Josh Taylor In reply to: rick85284 who wrote msg# 4354 Date:7/19/2006 8:26:50 PM Post #of 4366
Now I am extremely new at this, you could call me an infant, but this is what I read of this. Basically the people that currently hold shares of CVSU(the company that is merging into FHAL) will be guaranteed $15 dollar ps on open. Right now, the people holding FHAL are not guaranteed anything at all. So lets say your name is John Smith and you currently work for CVSU and you hold 1000 shares of CVSU(not the merged fhal). On the 28th the pps is at $8, FHAL is going to pay you an additional $7 per share of CVSU that you hold and you keep your original 1000 shares of CVSU that are now converted to FHAL. Those of us who are buying FHAL are just getting to buy a share that should have a potential of $15 at a discounted price. We are getting nothing extra other than our profits between now and then. Make sense? When all is said and done, we will all have the shares of FHAL, which will then be called CVSU.OB, and they could be worth anywhere between $.01 and $1000000. Hope that makes sense. I am new.
Posts: 354 | From: Novi, MI | Registered: Apr 2006
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posted
I was checking out the charts for the last year or so for CVSU. It has dropped quite a bit. Any thoughts on this?
Posts: 741 | From: North Carolina | Registered: Feb 2006
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