posted
Check it out, CSFN seeing increased trading recently, even popped up on my screener. It's a real low float and if it continues this way, it will pop big in my opinion. Radar this bad boy.
-------------------- These are just my opinions Posts: 23 | Registered: Aug 2006
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quote: WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
CSI BUSINESS FINANCE, INC. 109 NORTH POST OAK LANE, SUITE 422 HOUSTON, TEXAS 77024
INFORMATION STATEMENT
This Information Statement (this "Information Statement") is being furnished to all holders of shares of common stock, par value $0.001 per share (the "Common Stock") and Series A Convertible Preferred Stock, par value $0.01 per share, of record at the close of business on September 15, 2006 (collectively, the "Shareholders") of CSI Business Finance, Inc., a Florida corporation (the "Company"), with respect to certain corporate actions of the Company. This Information Statement is first being provided to the Shareholders on or about September 20, 2006.
The corporate actions involve four (4) proposals (collectively, the "Proposals") providing for the following:
1. To approve the adoption of the CSI Business Finance, Inc. 2006 Stock Incentive Plan;
2. To approve the migration of the Company from a Florida corporation to a Nevada corporation;
3. To approve to change the name of the Company to Natural Nutrition, Inc.; and
4. To approve an increase of the number of authorized shares of Common Stock of the Company from Two Hundred Million (200,000,000) to Ten Billion (10,000,000,000) shares.
I'm no expert on these type of things, but that doesnt seem to good.
Posts: 854 | From: Alpharetta, GA | Registered: Mar 2006
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quote:Originally posted by Igor R: 4. To approve an increase of the number of authorized shares of Common Stock of the Company from Two Hundred Million (200,000,000) to Ten Billion (10,000,000,000) shares.
I'm no expert on these type of things, but that doesnt seem to good. [/QUOTE]
Looking at the way it's moving, I don't think that's making a difference here since that doesn't take effect for a while. Besides they're increasing AS, which is not the same things as increasing float. So as long as the float stays the way it is right now, which it will for the next few days, this is worth riding the wave because of how much it moves.
-------------------- Just my humble opinion based on my understanding of the facts Posts: 54 | Registered: Aug 2006
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posted
Does anybody have any short info on this stock ? It doesn't look heavily shorted or anything, but just wondering. On it's own it moves so much, if there were to be a squeeze it could send this stock beyond the $0.40 range in my opinion !
-------------------- Just my humble opinion based on my understanding of the facts Posts: 54 | Registered: Aug 2006
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posted
Well it's a little hard to determine that because the short info which is officially published by these MM's is the short position for the reporting date, who knows what goes on behind the scenes.
I agree with you that if CSFN is heavily shorted it could pop like crazy on the current momentum.
But if not, what the way it moves is enough to make a quick buck on..
Posts: 23 | Registered: Aug 2006
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posted
What do you guys think about the fact that the A/s is going to increase from 200 mill to 10 B ?
See I really don't think it makes a difference because with 200 mill A/S which they currently have the float is still under 2 million and the stock moves like crazy.
So even if they increase the A/s to 10 B, as long as they don't touch the float, or touch it too much, it won't make a difference to the stock price.
-------------------- These are just my opinions Posts: 23 | Registered: Aug 2006
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quote:Originally posted by michigan_lover: What do you guys think about the fact that the A/s is going to increase from 200 mill to 10 B ?
See I really don't think it makes a difference because with 200 mill A/S which they currently have the float is still under 2 million and the stock moves like crazy.
So even if they increase the A/s to 10 B, as long as they don't touch the float, or touch it too much, it won't make a difference to the stock price.
I agree with you 100% there !
-------------------- Just my opinion as always ! Posts: 49 | Registered: Aug 2006
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quote:Originally posted by iluvthepennies: Looking at all the talk about this I think the uptrend is going to continue on Monday. Any thoughts on what Monday can be like for this ?
I think that if Friday's uptrend will continue, the stock can ride up to 0.15 cents easy : I didn't just come up with that out of nothing: Anybody who saw Friday's level 2's will know that there's hardly any resistance up to the early 0.20's and all it will take is a repeat of Friday's trading to drive the stock up.
The good part is that selling doesn't seem to take this stock down. As long as there's a moderate level of bid support the stock tends to ride.
-------------------- Just my humble opinion based on my understanding of the facts Posts: 54 | Registered: Aug 2006
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posted
So far it's trading nicely with 1.7 million in volume. Mad cheap right now, so trying to get whatever free shares I can for the next ride to 0.15
-------------------- These are just my opinions Posts: 23 | Registered: Aug 2006
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quote:Originally posted by ridi: Almost 1.8 mill volume now, I think it's possible it will close slightly higher, what do you guys think ?
Sure it'll close higher if the MM's would stop messing and trying to keep this stock down. A number of times my own buy/sell orders won't show up and the usual games. Screw these people.
Shows you how good a stock this really is, MM's know if they let it ride like it's trying to, shorts will be in trouble.
-------------------- Just my opinion as always ! Posts: 49 | Registered: Aug 2006
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posted
Ive been watching this all day really wanted to file at .04 but I dunno anymore... You guys think this is gonna drop more?
Posts: 56 | Registered: Aug 2006
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quote:Originally posted by GameGenie: Ive been watching this all day really wanted to file at .04 but I dunno anymore... You guys think this is gonna drop more?
Well in theory it should drop more, but at the same time I think that right now 4 cents seems to be the new base.
I have a feeling it's going to ride sometime soon.
-------------------- These are just my opinions Posts: 23 | Registered: Aug 2006
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