Jo, Alex/Nomi/MoMo a persistent front-loading group-groper...have busted him many times in various aliases...MO is to suck newbies into scams, basically.
not much of a factor, here...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote: Jo, Alex/Nomi/MoMo a persistent front-loading group-groper...have busted him many times in various aliases...MO is to suck newbies into scams, basically.
So was he saying that Harris hired him through a third party?
Jo
-------------------- "Great Day for Up!"....Dr. Seuss
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quote:Originally posted by Jo4321: Okay, so if I want to participate in the "pump and merge scam", I have to figure out what would be a good entry point, eh?
Jo
Keep flipping it as long as its in play - you are making sense, good sense.
-------------------- ......in Psychiatry circles it's known as a "warning sign"
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quote: Jo, Alex/Nomi/MoMo a persistent front-loading group-groper...have busted him many times in various aliases...MO is to suck newbies into scams, basically.
So was he saying that Harris hired him through a third party?
Jo
Alex/Nomi might claim anything....not familiar with the specific post
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
First... Thank you all who wrote how the meeting went for this next MICROSOFT stock we "seem" to be holding, 5 starts for you all!!! -hope that baby puke cleaned up! ha ~
I'm in at .10 and .18 and with this news I'm going to HOLD
This is a very nice group here, hats off to you all and good luck , PEACE. Now to TRY to get some sleep!!! ha ha ~
posted
They made a copy of the audio during the interview, they said it will be availible tonight maybe. As soon as i get it i will let everyone know.
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quote:Originally posted by 10of13: QUICK NOTES ON INTERVIEW
1- "They have bought up over 100k shares on the market and if there are shorts it will have to be covered before the merger is complete" "short squeeze"
They used a trust to by up the float. The float will be held in the treasury and if needed at a future time then they may release them. The company is fully funded and will not need any dilution to fund operations
2- They will set the pps at 15.00 on the first day of trading and if the market supports it then that is the price "we" get...
3- Picure it as an IPO and we have the shares up front. It is his job to make sure that the share price stays at the $15 or more. The have huge contracts sitting on the table. They have bonds from third world countries to add to the list. He feels that $15 is undervalued
4-No r/s but perhaps a forward split after the merger is complete (8K will not allow them to do a r/s or any change in share structure until after the merger.
5-Rufas owns 9m of CVSU and none of FHAL
6- 3.5 billion in assets and 500 million in bank
7- S-4 is filed and 50 million set aside for each "project"
8- "We" would hold shares of AISS that is currently valued at $60/share. The board would like to have a value of 100/share within 3 months
9- the online lottery will be available in Ohio, Georgia and California (maybe another) by end of the year.
10- Fryyguyy just got puked on...time out 11- Moving to NASDAQ 50-60 after merger complete and volume stable
most notes posted by Fryyguyy and reposted by MRS. RUFAS...
You can hear this interview by going to the CVSU website..
bump..for morning readers...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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Posted by: CrowsDaddy In reply to: None Date:7/20/2006 11:17:02 PM Post #of 6393
Since Mr. Harris didn't answer my email I guess I'll pose this to the board. I'm not bashing, just trying to understand and make a good decision. Please give me your thoughts on what you think may be happening. Evidently the market is not buying the fact FHAL shareholders are just going to be handed a $15 stock someday soon. Anyway:
I've had a chance to go over the filings better and even if FHAL does NOT do a reverse split it looks as though the provisions in the agreement are mostly pertaining to CSVU or in other words, the "Company" according to the merger agreement. It seems as though it's the "company" NOT the "buyer" (FHAL) who benefits and may possibly get the $15 per share. There are 48,898637 OUTSTANDING CSVU shares...ummmm that's over $720 million if my math is right. Where's this money coming from? Now factor in the FHAL shareholders who think they are going to get a piece of this pie too and there are 62,157,721 of them from what I could find. That's over $900 million. HUH???? Over a billion and a half going to shareholders for this merger? LMAO ok we all need to put down the crackpipes OR to make this believable maybe we need to fire 'em up. LOL
So the way I see it it will then be in the best interest of the "buyer" to excercise the clause in section 2.6 (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; So in actuality if they did this then the current shareholders of FHAL may not be real happy since the PPS was significantly lower in the past 20 days. Averaging that PPS may be brutal to some. But the bottom line is I see NOTHING that promises $15 to current FHAL shareholders. This is my opinion only and I am not bashing, just hoping someone can shed better light on this. And below are the snippets from the filings that concern me:
c) In the event the Buyer changes the number of shares of the Buyer's Stock issued and outstanding prior to the Effective Time as a result of a stock split, stock dividend or other distribution payable in Buyer's Stock or securities convertible into Buyer's Stock or similar recapitalization with respect to such stock or effects a reclassification, combination or other change with respect to Buyer's Stock (each a "Stock Adjustment" ) and the record date therefore (in the case of a stock dividend) or the effective date thereof (in the case of a stock split or similar recapitalization, reclassification or combination for which a record date is not established) shall be prior to the Effective Time
Observation: Leaves the option of a Reverse Split open.
2.6 AVERAGE CLOSING PRICE ADJUSTMENT.
In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; (b) set the Average Closing Price at $15.00 and pay the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ) an amount in cash equal to $15.00 minus the Actual Average Closing Price per share of Buyer's Stock to be received by such holders of Company Shares; or (c) set the Average Closing Price at $15.00 and pay no additional consideration to the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ). In the event that the Buyer elects option (c) described above, the Company may terminate this Agreement by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.
Observation: Ok it speaks to the affects of this merger as it pertains to the "Company shareholders" but how about the "buyer's shareholders?" (FHAL) And as I said earlier why would FHAL NOT excercise section (A). If they pay $15 per share to just the "company" shareholders of which according to the filings is 48,898,637 that amounts to over $720 million. WHERE is this coming from? It mentions absolutely NOTHING about paying FHAL shareholders who surrender their shares, $15. It doesn't mention FHAL "buyers" ANYWHERE does it? Am I missing something here?
2. Surviving Corporation.
(a) Each outstanding share of the Buyer's Stock shall remain outstanding after the Effective Time and shall not be affected by the Merger.
(b) in the event FHAL changes the number of shares of its common stock issued and outstanding prior to the Effective Time as a result of a stock split, stock dividend or similar reorganization with respect to such stock and the record date thereof (in the case of a stock dividend) or the effective date thereof (in the case of a stock split or similar recapitalization for which a record date is not established) shall be prior to such Effective Time, the consideration to be exchanged for the Company Shares shall be equitably adjusted to reflect such change.
Observation: Read (A) very closely. THAT is where the "buyer" is revealed in all of this. NOT AFFECTED!
Please don't think I'm bashing because I'm not. This is merely up for discussion. And if I am off base please explain because I think a lot of people are confused. To me it is much clearer now unless someone could shed better light on this. -------------------------------------------- And this reply:
Posted by: Betting Babe In reply to: CrowsDaddy who wrote msg# 6300 Date:7/20/2006 11:24:13 PM Post #of 6390
i got muted in the conference for bringing this question up.
no one has answered me yet.
he said "most likely" they would exercise option C, but he skipped over A really fast. i know, i was listening and waiting to hear the explanation.
can someone elaborate on the option in 2.6 A: "In the event that the Actual Average Closing Price is less than $15.00... Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; ..."
and for the record, everything else was a big positive. i just dont like this open-ended option. hope someone can debunk it.
-------------------- "Great Day for Up!"....Dr. Seuss
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Just a little taste of the interview, Mr Harris was answering by mic, they will have mp3 of the interview shortly on the web..
quote: fonzy35: DOES THE SHARE HAS TO BE ACCOUNTED FOR FOR THE MERGER TO COMPLETED ON THE 28, SO IF THE FLOAT ALMOST GONE, THE MARKET MAKER GOING TO HAVE TO COVER, CAUSING A SHORT SQUEZE, MAKING THE PPS RISE EVEN HIGHER THEN $15.00 BEOFRE THE 28 ??? GOING TO BE BUSSY WEEK FOR THE MARKET MAKER NEXT WEEK!! LIKE 'PAIV' Snivvle: omg that will be till open Bell misterb_10: I LOVE THIS GUY AtomicTraders: APPLAUSE FOR MR. HARRIS! Trout31: Cool skyjuice70: now thats a CEO mysterymeat: that could be alnight Snivvle: That will be till opening bell ScubaDiversUSA: Mr. Harris...thank you so much!!! WyleSF: Poor mr. harris aint going to sleep till the market opens lmao H2omd: thanks you have given us more than enough. You did make our day thanks again bud750: WHEN WILL THERE BE A SHARE HOLDER MEETING capoza: hi tout AtomicTraders: APPLAUSE FOR MR. HARRIS! kvdshade: Much appreciated Mr. Harris Friedmac: BOUNCE CAPOZA Trout31: "Sir Nupe A Lot" .... your Next Sir Nupe A Lot: When will the 10k be filed? Sir Nupe A Lot: When will the 10k be filed? Millionzzz: GREAT ANSWER! JUAT FOR THAT THE STOCK WILL GO UP TO $5 MORE TOMMORROW!!! LOL JJSeabrook: Sir Nupe A Lot next Trout31: hi capoza Amphibithen: 10qsb will be filed tuesday latests on thrusday, pay attention stop posting JJSeabrook: pat in houston on deck navvin1: shorts have to cover by the merger yahooooooooo Penny Stock Club: QUESTION ALREADY ANSWERED - I UNDERSTAND THAT SHORTS MUST COVER WHEN SYMBOL CHANGES TO CVSU - SHORTS ARE TOAST! Rodan812: Tuesday Sir Nupe. He already said drlaura_1: I have been listening to this entire meeting. Am I able to become a shareholder at this time??? Trout31: JJ... pennyplayerru ... is next Sir Nupe A Lot: Sorry thanks, I came in late! Disregard my question lincpro: lol stockrox: lol skyjuice70: Yeeee-haaawwwwww fonzy35: THAK YOU VERY M UCH kvdshade: Hit em hard Rufus! skyjuice70: now thats a CEO AtomicTraders: I'M GETTING MY CERTS AND HOLDING LONG! THIS ROCKS!! Nafarious: DR Laura tomorrow kihmjc7: Sir Nupe A Lot: When will the 10k be filed? H2omd: I do like your style Trout31: "pennyplayerru" .... your Next sceptor: what is a nobo? WyleSF: If we dont pull the hard certs and more people hold shares than are in the o/s... anyway we will lose out ? ScubaDiversUSA: I think I am in shock....this is great!!! misterb_10: WOW I'M PUMPED drlaura_1: what do I need to do drlaura_1: new at this pennyplayerru: go ahead man i pass Trout31: Finally... Lrice your next Penny Stock Club: Shorts may be paying us $50 per share if we all hold tight kvdshade: Dr. Laura you ask you broker for the shares in Certificate pureadrenalin: Please put your hand down after asking question. drlaura_1: thank you AtomicTraders: PAIV SHORT IS GOING TO LOOK LIKE NOTHING COMPARED TO THIS FHAL SHORT, LOL jmacb: Just joined the room - can somebody ask the CEO to talk louder - I cannot hear him Trout31: Lrice ... your Next ... WyleSF: nice thanks! Lrice: a fair approximation of what I've heard, : I understand CVSU will be issuing PR's after merger name change on the 15 subsidiaries, and 7 patents jet guidance systems , and those will reasonably raise share price above $30/share even possibly even up to $100/share in less than a year,...... is this a reasonable summary??? nughaud: jmacb no, turn up your volume he's fine misterb_10: SHORT SQUEEZE NEXT WEEK Lrice: a fair approximation of what I've heard, : I understand CVSU will be issuing PR's after merger name change on the 15 subsidiaries, and 7 patents jet guidance systems , and those will reasonably raise share price above $30/share even possibly even up to $100/share in less than a year,...... is this a reasonable summary??? pureadrenalin: Please put your hand down after asking your questions. lincpro: um I second the previously posted YEE HAW
posted
In regards to the certs, Harris said to at least call your broker and have them take your shares out of street name and put it in your name.
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posted
I thought someone posted previously something about $50 for certs. I've never looked into personally, though. Will probably check tomorrow, though.
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posted
in my opinion, I think some people are getting too hung up on a "guarantee" for the $15. The way I see it is that having the $15 called out in the 8-k sets a precedence for where this is going. Just think about the fact that the book value is $7.21 and that companies typically trade for 2-3 times the book value. Do you really think this will stay where it's at? Or that at the time of reorg that institutional investors won't be interested? I hope you all take the time to listen to the discussion we had with Harris tonight.
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quote:Originally posted by Igor R: So those certs are necessary? What for though?
if you bought shorted shares, it forces the MMs to cover . . . the take right now is that a lot of volume has been MMs shorting. If we all asked for certs, it'd force the MMs to cover and ultimately that would drive the PPS up. Case in point, see what happened to Travelzoo at the end of 2004 - that rapid increase in share price was the result of shorts being covered.
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this is the only point that leaves me uneasy. i'd love input on it.
the 7/19 PR is different from the 8K. and obviously the 8K is the official deal.
i find the PR to be misleading. it never mentions the 'official' option A.
in a nutshell: -------------------
--> if pps is UNDER 15?
the PR summary (#1) is different from the 8K (optA)
the 8K reads :
"In the event that the Actual Average Closing Price is LESS THAN $15.00... Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; ..."
not MORE THAN, as the PR reads.
PR:
Upon the S-4 registration of the CVSU shares received through the merger agreement, the company will have 3 options at hand.
1.) If the Market Closing Price on the Completion date exceeds $15.00 (Fifteen) USD the Surviving Holdings Corporation (OTC Bulletin Board: CVSU - News) may option to maintain that days Market Closing Price.
2.) To pay each shareholder that options out an amount in cash equal to $15.00 minus the Actual Average Closing Price.
3.) Set the Average Closing Price at $15.00 and pays no additional consideration to any shareholders.
the PR never addresses if the pps is UNDER $15.
~BB
----------------------------
quote:Originally posted by Jo4321: From IHUB good discussion:
Posted by: CrowsDaddy In reply to: None Date:7/20/2006 11:17:02 PM Post #of 6393
Since Mr. Harris didn't answer my email I guess I'll pose this to the board. I'm not bashing, just trying to understand and make a good decision. Please give me your thoughts on what you think may be happening. Evidently the market is not buying the fact FHAL shareholders are just going to be handed a $15 stock someday soon. Anyway:
I've had a chance to go over the filings better and even if FHAL does NOT do a reverse split it looks as though the provisions in the agreement are mostly pertaining to CSVU or in other words, the "Company" according to the merger agreement. It seems as though it's the "company" NOT the "buyer" (FHAL) who benefits and may possibly get the $15 per share. There are 48,898637 OUTSTANDING CSVU shares...ummmm that's over $720 million if my math is right. Where's this money coming from? Now factor in the FHAL shareholders who think they are going to get a piece of this pie too and there are 62,157,721 of them from what I could find. That's over $900 million. HUH???? Over a billion and a half going to shareholders for this merger? LMAO ok we all need to put down the crackpipes OR to make this believable maybe we need to fire 'em up. LOL
So the way I see it it will then be in the best interest of the "buyer" to excercise the clause in section 2.6 (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; So in actuality if they did this then the current shareholders of FHAL may not be real happy since the PPS was significantly lower in the past 20 days. Averaging that PPS may be brutal to some. But the bottom line is I see NOTHING that promises $15 to current FHAL shareholders. This is my opinion only and I am not bashing, just hoping someone can shed better light on this. And below are the snippets from the filings that concern me:
c) In the event the Buyer changes the number of shares of the Buyer's Stock issued and outstanding prior to the Effective Time as a result of a stock split, stock dividend or other distribution payable in Buyer's Stock or securities convertible into Buyer's Stock or similar recapitalization with respect to such stock or effects a reclassification, combination or other change with respect to Buyer's Stock (each a "Stock Adjustment" ) and the record date therefore (in the case of a stock dividend) or the effective date thereof (in the case of a stock split or similar recapitalization, reclassification or combination for which a record date is not established) shall be prior to the Effective Time
Observation: Leaves the option of a Reverse Split open.
2.6 AVERAGE CLOSING PRICE ADJUSTMENT.
In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; (b) set the Average Closing Price at $15.00 and pay the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ) an amount in cash equal to $15.00 minus the Actual Average Closing Price per share of Buyer's Stock to be received by such holders of Company Shares; or (c) set the Average Closing Price at $15.00 and pay no additional consideration to the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ). In the event that the Buyer elects option (c) described above, the Company may terminate this Agreement by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.
Observation: Ok it speaks to the affects of this merger as it pertains to the "Company shareholders" but how about the "buyer's shareholders?" (FHAL) And as I said earlier why would FHAL NOT excercise section (A). If they pay $15 per share to just the "company" shareholders of which according to the filings is 48,898,637 that amounts to over $720 million. WHERE is this coming from? It mentions absolutely NOTHING about paying FHAL shareholders who surrender their shares, $15. It doesn't mention FHAL "buyers" ANYWHERE does it? Am I missing something here?
2. Surviving Corporation.
(a) Each outstanding share of the Buyer's Stock shall remain outstanding after the Effective Time and shall not be affected by the Merger.
(b) in the event FHAL changes the number of shares of its common stock issued and outstanding prior to the Effective Time as a result of a stock split, stock dividend or similar reorganization with respect to such stock and the record date thereof (in the case of a stock dividend) or the effective date thereof (in the case of a stock split or similar recapitalization for which a record date is not established) shall be prior to such Effective Time, the consideration to be exchanged for the Company Shares shall be equitably adjusted to reflect such change.
Observation: Read (A) very closely. THAT is where the "buyer" is revealed in all of this. NOT AFFECTED!
Please don't think I'm bashing because I'm not. This is merely up for discussion. And if I am off base please explain because I think a lot of people are confused. To me it is much clearer now unless someone could shed better light on this. -------------------------------------------- And this reply:
Posted by: Betting Babe In reply to: CrowsDaddy who wrote msg# 6300 Date:7/20/2006 11:24:13 PM Post #of 6390
i got muted in the conference for bringing this question up.
no one has answered me yet.
he said "most likely" they would exercise option C, but he skipped over A really fast. i know, i was listening and waiting to hear the explanation.
can someone elaborate on the option in 2.6 A: "In the event that the Actual Average Closing Price is less than $15.00... Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; ..."
and for the record, everything else was a big positive. i just dont like this open-ended option. hope someone can debunk it.
posted July 20, 2006 21:49 -------------------------------------------------------------------------------- QUICK NOTES ON INTERVIEW
1- "They have bought up over 100k shares on the market and if there are shorts it will have to be covered before the merger is complete" "short squeeze"
They used a trust to by up the float. The float will be held in the treasury and if needed at a future time then they may release them. The company is fully funded and will not need any dilution to fund operations
2- They will set the pps at 15.00 on the first day of trading and if the market supports it then that is the price "we" get...
3- Picure it as an IPO and we have the shares up front. It is his job to make sure that the share price stays at the $15 or more. The have huge contracts sitting on the table. They have bonds from third world countries to add to the list. He feels that $15 is undervalued
4-No r/s but perhaps a forward split after the merger is complete (8K will not allow them to do a r/s or any change in share structure until after the merger.
5-Rufas owns 9m of CVSU and none of FHAL
6- 3.5 billion in assets and 500 million in bank
you can hear this interview on by going to the CVSU website..
posted July 20, 2006 21:49 -------------------------------------------------------------------------------- QUICK NOTES ON INTERVIEW
1- "They have bought up over 100k shares on the market and if there are shorts it will have to be covered before the merger is complete" "short squeeze"
They used a trust to by up the float. The float will be held in the treasury and if needed at a future time then they may release them. The company is fully funded and will not need any dilution to fund operations
2- They will set the pps at 15.00 on the first day of trading and if the market supports it then that is the price "we" get...
3- Picure it as an IPO and we have the shares up front. It is his job to make sure that the share price stays at the $15 or more. The have huge contracts sitting on the table. They have bonds from third world countries to add to the list. He feels that $15 is undervalued
4-No r/s but perhaps a forward split after the merger is complete (8K will not allow them to do a r/s or any change in share structure until after the merger.
5-Rufas owns 9m of CVSU and none of FHAL
6- 3.5 billion in assets and 500 million in bank
you can hear this interview on by going to the CVSU website..
posted
[QUOTE]Originally posted by shomethamoney: [QB] Member
posted July 20, 2006 21:49 -------------------------------------------------------------------------------- QUICK NOTES ON INTERVIEW
1- "They have bought up over 100k shares on the market and if there are shorts it will have to be covered before the merger is complete" "short squeeze"
They used a trust to by up the float. The float will be held in the treasury and if needed at a future time then they may release them. The company is fully funded and will not need any dilution to fund operations
Hmm....this seem weird..but how can they call that buying the FLOAT.When they only bought only 100K+ shares when the float is around 40+ million for FHAL...Hell..even i have 120K shares...can someone explain this?
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