quote:Originally posted by lostone: ok, just listened to the interview.. wasn't paying complete attention.. but heard the important parts.. it's really good..
I thought it was. Like I said before I could be wrong.
posted
Wally I too use Scottrade, I will be willing to email them to get this thing going. I would hate to miss out the chance to sell at a high price. Better safe than sorry
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quote:Originally posted by mathis: Wally I too use Scottrade, I will be willing to email them to get this thing going. I would hate to miss out the chance to sell at a high price. Better safe than sorry
I have only one suggestion. Call them. Instant answer. Everyone I don't care who you use should be calling your broker and putting pressure on them to do the right thing which is to allow us to trade shares as early as possible. Remember the squeaky wheel gets oiled.
posted
What brokers are good with dealing with reverse merger and symbol change? I also have Sottrade and damn they're killing me with the commisions.
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quote:Originally posted by Jo4321: There was a guy in there that tried to post this and they bounced him out.
quote: Noobonamission: Hello My name is Alex from www.***********.com a daytrading group which was hired by a third party to add massive buying pressure into this stock. Our contract ends as of today and any buying volume is that from the public
then I rephrased the question and tried to ask they had hired this person, and the moderator bounced me out too.
LOL, the pump and dump site Bullster? Or his small message board with minimal members? Alex is small potatoes compared to what ran this stock. ROFL!
Talk about a scam, geez. Just listen to him if you want in on a scam IMO.
The Queen of the Scam is my opinion of Alex. I do not trust him, nor care to buy anything he recommends.
Pure manipultor IMO, prolly trying to bring it down to buy up some shares himself.
[ July 22, 2006, 04:19: Message edited by: Peaser ]
posted
Regarding: Posted on Thursday evening by several "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"
Perhaps y'all have thought through this trust already, so please forgive if I missed something already posted or was talked about in the interview (which I was not able to listen to) ...........my questions are: What is known about the trust buying up the float and how many shares did the trust actually acquire? Who are the controlling party(s) / owners / executors of the trust and how can they use the trust to benefit their interests? Are their interests in line with (or opposed to) the best interests of the FHAL share holders? any thoughts?
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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posted
I remember a few months ago, I had a ticker change with DPRE (used to be CDFE or something like that) and I could trade it after one day. However, I had to call AMERITRADE and have them put my sell order in for me. I could not do it online.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss
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quote:Originally posted by Jo4321: I remember a few months ago, I had a ticker change with DPRE (used to be CDFE or something like that) and I could trade it after one day. However, I had to call AMERITRADE and have them put my sell order in for me. I could not do it online.
Jo
I had CTFE and when it changed to DPRE I had E-Trade and could not trade it for 3 weeks. I kept calling e-trade and they said that it was out of their hands they were wating for the certificates to come in. It was extreamly frustrating. I now have choicetrade and I'm not sure how it is going to work when this changes over.
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posted
I just sent an email to TDAM asking them about after the merger and symbol change, would we (i) be able trade that stock right away. I will let you know what they say. Also, has anyone called to get you shares transfered into your name instead of street name?
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posted
want to make this hypothetical scenario a little worse? add in that you are holding paper certificates.
...as rufus advised you to do
you'll be mailing yours in while others are selling theirs off.
~BB
quote:Originally posted by wallymac:
quote:Originally posted by Doniboy: Anyone wanna buy a farm? Just kidding. Someone on Ihub said that they spoke to Scottrade who told then that they may not be able to trade shares online for a week after the symbol change. Any truth to this?
It's possible. I trade with Scottrade and I know that they are not the quickest kids on the block especially when it comes to penny stocks. Not their priority. I may have to change brokers. This is a concern I have had. How ever much anyone believes in the company CVSU, how would you feel if you were not able to trade for a week.
I'll give you a scenario that is possible but may never happen. The stock goes to $50, Scott won't let you trade, so you have to hold. 2 daye later the PPS is dropping, it's at $12.00. But you still can't trade. A week later, when you can finally trade the PPS is at $1.00 and falling now you can trade but you are last in line so it blows by your sell at .75 and you end up selling at .25,
I'm not saying that it will be the case but it is possible. Like I said I deal with Scott and maybe it's time we put some pressure on them to get on the ball so that we can have a fair chance to sell our shares. I cannot do it by myself.
"Through various methods, scam artists manage to accumulate large positions in the free trading shares of the shell company. An RTO is consummated with a marginal private company, and the scam artists put together a massive publicity campaign designed to create activity in the stock. Unrealistic promises and absurd claims of corporate performance find their way to the public. The enhanced trading volume allows the scam artist to dump his shares on the unsuspecting public, most of whom eventually lose their money once the newly formed public company fails. This scam is commonly known as a "Pump and Dump".
Alternatively there a hundreds of examples of highly successful companies which have yielded millions in profits for investors that have gone public through the RTO. Many of these companies deserve exposure to investors. Initial valuations can be reasonable, providing excellent opportunities for individual investors to accumulate positions ahead of Wall Street institutional money. "
This part confirms my idea about this stock:
We either make a fortune or end up with worthless shares!!!!
-------------------- 'The rewards for those that persevere, far exceed the pain that must proceed the victory!'
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quote:Originally posted by BuckyBarnes: Regarding: Posted on Thursday evening by several "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"
Perhaps y'all have thought through this trust already, so please forgive if I missed something already posted or was talked about in the interview (which I was not able to listen to) ...........my questions are: What is known about the trust buying up the float and how many shares did the trust actually acquire? Who are the controlling party(s) / owners / executors of the trust and how can they use the trust to benefit their interests? Are their interests in line with (or opposed to) the best interests of the FHAL share holders? any thoughts?
Per Part 2 of the MP3:
Start Time 2:03
"The trust has not aquired the majority of the float but we know of other people that have been obtaining the float" - end 2:08
-------------------- ......in Psychiatry circles it's known as a "warning sign"
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quote:Originally posted by BuckyBarnes: Regarding: Posted on Thursday evening by several "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"
Perhaps y'all have thought through this trust already, so please forgive if I missed something already posted or was talked about in the interview (which I was not able to listen to) ...........my questions are: What is known about the trust buying up the float and how many shares did the trust actually acquire? Who are the controlling party(s) / owners / executors of the trust and how can they use the trust to benefit their interests? Are their interests in line with (or opposed to) the best interests of the FHAL share holders? any thoughts?
Per Part 2 of the MP3:
Start Time 2:03
"The trust has not aquired the majority of the float but we know of other people that have been obtaining the float" - end 2:08
T.Y., and followup....Is there a source for infomration on the trust? Is the Trust's name known? ...I'll plead for indulgences and patience here.... I've never dealt with kind of a matter before...newbie-ness if you will.
-------------------- "No nation was ever ruined by trade." Benjamin Franklin
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In looking into the trust I can find little information on it.
In checking back further into the BBAN / Enhancement holdings deal I do see reference to a "Stanley Holdings Business Trust" referencing issuance of stock from it with Signature stock transfer Inc.
This data is Exhibit F from the Complaint filed in Nevada court and is dated October 10, 2003. I have no idea if this trust has anything to do with the current deal or if the name "Stanley" is associated with Ben Stanley. Still looking into it.
Your not alone, I have learned a lot from this deal and I'm sure it will continue.
-------------------- ......in Psychiatry circles it's known as a "warning sign"
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i simply havent been able to rule out this coincidence, so i could use some help with DD. i dont know how to double check this one.
posted before, no one responded...
----------------------------------
my post:
has anyone ruled out michael alexander being the guy from scottsdale arizona (r & s trading) whose father is robert alexander?
just wondering, since waatle (rufus's company, before he relocated it) was in gilbert arizona, about 25 miles from the r&s trading michael alexander (who just got pinched for investment fraud).
ive been trying to put together how they came together and why a guy (alexander) would let a company go like that, when its been around for like 20+ years.
i know its a big state, and a common name, i just havent been able to rule it out in my DD.
again, completely totally coincidentally hypothetical. but not entirely improbable, so...
posted
You guys need to trade with Schwab. I called on Friday and they told me that when the symbol changes and trading begins, I can sell my shares whenever I want to. No wait. You can't buy more than 999,999 shares of a penny in one trade, but they will sell your shares faster than anyone else.
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quote:Originally posted by wallymac: First off, I have no idea whether this will turn out positive or negative. I just want to make sure people get the right information. I was listening last night and Mr. Harris(Rufus) said in no uncertain terms that option "A" was out it would not happen. It needed no further discussion. He was honest in talking about option "B" saying if every shareholder opted for it it would bankrupt the company and that the first thing they(the board) needs to do is secure the health of the company. He also stated that Option "C" was 95% ssure of happening and went into quite a bit of detail why. If you want ot hear more it will be posted on the CVSU.US website.
Also for those saying he will be rich once this deal goes through. You may be right but he won't be able to sell his shares. They will be restricted as he is an insider. He will have to wait and file the proper forms before he can sell. His ability to sell will be down the road somewhere. He has much more to gain by this succeeding and maintaining that success than for it to open at $15 and then nose dive.
The true key will be the 10K. It's those numbers that will decide whether the price will be supported or not. Whoever is uncomfortable should sell take their profits and get out, that is their right and nobody should say a word about it.
all I care about is that people have the right information upon which to base their decisions. So far I haven't decided whether to sell or see it through. Next week will help me make that decision if the PPS continues to rise, at somepoint I will secure enough profit and ride the balance into the merger and take my chances. That's my decision for now. Everything is subject to change.
Do solid DD. Take no one's word for anything. Check on it yourself. What I read on these boards just allows me to do further DD. It's a launching point.
GLTA Wally
But, this is my point exactly. Is he allowed to go so much into the detail of the merger with us right now? The 8k states there is a decision they can make so thats public knowledge. But, the result....shouldnt that come later once everything is cleared?
I also want everyone to have the proper info. So, id rather not spout off about what Rufus said until i know for sure its a) legal for him to say so and b) not just his interpretation of what he thinks might happen. I dont know the legal details enough to sort out what is legally binding and what is just a comment.
But, anyway, i finally got some sleep so im feeling a bit better.
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And BB, id love to help out with some of the deeper DD you are up to right now but the whites of my eyes are pink and my head hurts. Ive been trying to stay awwwwway from the PC BUt im only gone a few hours before im drawn back!
quote:Originally posted by Doniboy: It doesn't matter Betting Babe, Alexander is not part of the new company. Fhal was broke and bankrupt now, thankfully, it is being gobbled up.
By the way, I checked out your Web Page, congrats on your success. You really are a Babe (that bets).
quote:Originally posted by betting babe: preface: i dont wanna slander anyone here.
i simply havent been able to rule out this coincidence, so i could use some help with DD. i dont know how to double check this one.
posted
I was thinking about that!! I couldnt even perceive the idea that he could successfully manipulate tons of FHAL holders to actually slow their own ability to sell off their shares once the merger is finished. But, WOW...what if he could? LOL
The Etrade broker i spoke with said it would probably be in my best interest to leave them electronically owned.
quote:Originally posted by betting babe: want to make this hypothetical scenario a little worse? add in that you are holding paper certificates.
...as rufus advised you to do
you'll be mailing yours in while others are selling theirs off.
~BB
quote:Originally posted by wallymac:
quote:Originally posted by Doniboy: Anyone wanna buy a farm? Just kidding. Someone on Ihub said that they spoke to Scottrade who told then that they may not be able to trade shares online for a week after the symbol change. Any truth to this?
posted
i've been doing dd on the stock (still own 100k share after selling half on the way to $1.50) and here's some questions / answers that hope will help?
quote:Originally posted by cassity: ... So you decide to merge with another company. The company you own(CVSU) is NOT trade publicly but you own 7 million RESTRICTED shares, so you merge with a bankrupt publicly trading company(FHAL)....
cassity i've heard different stories about this but if fhal is bankrupt why on earth would m n 1 dotcom do an analyst report saying the company was healthy and a buy !!!BEFORE!!! the cvsu merger was ever pubically announced? http://www.***.com/pdf/FHAL.pdf
quote:Originally posted by cassity: .... What this stock needs now is NEW money, and Rufus made it very clear to leave that up to him....
this doesn't make sense to me -- if i were a ceo and i wanted to get my buddies into this why wait till the price is at $15/30/50/100 when they could get in at below a $1? what makes us more special then rufus buddies?
quote:Originally posted by Doniboy: .... Someone on Ihub said that they spoke to Scottrade who told then that they may not be able to trade shares online for a week after the symbol change. Any truth to this?
conservative brokers like scottie wait to have shares in hand from the dtc before allowing trades -- helps protect traders and broker from screw ups like paiv/paim selling restricted shares. and a company can cancel -- it happens peeps!
quote:Originally posted by BuckyBarnes: .... 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" ....
squeeze to happen before the merger is complete? what? how many of you read this thread where it ya'll saying the deal is done no turning back -- so is the squeeze over? oh and the trust part -- that's moist! if a trust was use to buy up the float and that makes the trust 10% owner where are form 4s?
regardless if i own 100k naked or real shares i'll be selling before the 28 $15 is too rich for my blood. btw, aint cmkx ipoing the cim shares on monday? just kidding! glta!
-------------------- Flip'n 'em like hotcakes!
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CALL your broker. If you are in a cash account you are ok. If you have a margin account then your broker can borrow your shares and your screwed. If you reqest hard copies (certificates) then you won't see them for 4-6 weeks during which time you can't trade and your stuck watching only. Not safe.
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posted
Only get the certs if you plan on holding for a long time, other than that you should keep them in your brokers account so you can move them when you need to.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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posted
I only have a cash account. So it means I do not have to do anything and depends on my broker...( I have E-Trade) i can start trade as soon as symbol change is effective right ?
-------------------- To reach hill top start from the top
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posted
There may be a time limit until you can trade. Please call your broker, explain the situation, and then ask him if there will be a delay. Don't let him brush you off, he works for you.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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