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The SEC does not call for a halt, the company files the necessary form and the SEC complies to the request.
Wow, you are pretty dense Mingus....
if you read the post to which you are responding I just explained to you how they HAVE NOT given away most of the company as they have ALREADY BOUGHT IT BACK (mostly at least) at a HUGE discount to its true value... basicly its one half the company consuming the other half the company for cheap then they have as one option to resell it to the general public for ALOT OF EXTRA CASH. Given that they already know it will be worth over $30 (remember they know this because they are the insiders) it is a brilliant move.
He prolly has a lot of time to "hurry up and wait" while the whole thing is being worked out by others (like the SEC and auditor) to finish up what they have to do. So I dont see any problem with Rufus doing whatever he wants, it is his life. The fact that he comes here and slams down bashers is a boon to us longs and if he wants to talk race horses or stamp collecting or anything else with us, that too is a boon to us because it builds more of a personal relationship with investors.
For a couple million they can get a fast track to nasdaq via reverse merge then turn around and resell the shares at their true value for ADDED PROFITS of about 500 million dollars... ya see, this is an investment for them!! they are getting shares that will soon be sellable on the open market for $30 plus a share for under a dollar! It may look to you like they are giving away the company when in fact they are lining the coffers of the company with a whole lot more cash!
That the Rufus here is the real Rufus is so well cross referenced by board members here via phone conversations and interviews that you are bringing up a total non-issue. Hmmmm, that seems to be about all you do is bring up total non-issues. How about paying attention to all the DD that is done here since you have been posting here for days and repeatedly make issue with things that are already shown to be. Oh, wait... of course you won't do that because you are simply here to bash!
They didnt give away over half of the company for very long as THEY HAVE BOUGHT UP MOST ALL OF THE FLOAT!
Whatever the market decides to base the price on, it would be ridiculous to go below book value of just over $7, especially since that value is primarily CASH as of the cashing in of the 500 million dollar bond just recently (the facts of which will surely be made evident shortly in filings).
I looked at that report, seems to be totally devoid of anything that has happened in the last month. Doesnt even mention the merger with CVSU, just talks about log deal, etc.
Certainly, if the price drops below book value of $7+, CVSU might as well make an easy profit and buy them!
That is not disclosed information tkt.
COO on paltalk now...
said the auditor just needs to finish old FHAL info to complete audit. More questions now being asked...
Maybe the shorts are now covered.eom
OT: I am getting many instances of multiple posts receiving the same post number; when this happens, only one of the posts assigned that number are readable. Anyone else experiencing this?
for example:
#17274 Tall, it's probably not against the law to gwags7 7/27/2006 10:47:48 AM
#17274 Are you talking about Timothy Miles? dealerschool2006 7/27/2006 10:47:45 AM
#17274 i wish, I have some government contacts and TallRob0 7/27/2006 10:47:43 AM *
*this is the only post I can read no matter which post I "click" on.
HOD going up....
Hold tight on your shares... notice how all this stuff is showing up in a short period of time DURING MARKET HOURS. This is likely a coordinated major shake out!
FHAL movin up strongly 1.40 (+36%)eom
Does the Investment Advisor act of 1920 disallow offers? I believe he offered txprincess something, didn't advise her anything. Also I seem to recollect he carefully phrased his statements not as advice but what he would do if he could buy the shares.
hence Front HAUL $$$$
Will someone ban this Charlie48 guy already. sheesh!
Go away bashin noob!
noossab2001
Alias Born On: Monday, July 10, 2006
Boards Moderated: 0
Total Posts: 10
@15 cap would be about 1.6B eom
Pertinent News!
I believe "smart" people already have been buying up the shares for a quick 1500% gain--some posters on this board are but a sampling of those "smart" people. Other "smart" people with lotsa cash (institutional investors) will join the "smart" people here when the necessary filings are in place.
In Reply To 'neom2006' who typed:
If the shares really will have a value of $15, why are "smart" people not buying up all the shares for a quick 1500% gain. Think about it. Your shares are only worth what someone will pay for them!! That is the bottomline. Dont be a fool!!!
Geez Modern Rock, is that a genuine question?
Letz zeee.... with about 111M shares o/s it'd be about $1.67B @ $15/share (which is approx. 2 times book value and very reasonable price to set as IPO's, for example, will set 2 to 3 times book value upon opening--STANDARD practice).
I'm sure you already knew that though, just wanting to make
$15/share SOUND ridiculous by comparing it to AMD etc...
and DCshmoeka replies to support you...
you two can't even frame a sound bash.
My only question is, when people like you become obvious bashers (by consistantly making unfounded and misleading statements) why are you not yet banned from the board? Why are your posts not deleted?
If you did elect to get cert's, you would be able to sell your certs pretty fast simply by handing them to your broker in person. The 90 to 120 day period does not apply to shareholders; it has to do with brokers and the TA only.
Posted by: jbsig03
In reply to: None
Date: 7/25/2006 9:00:00 PM
Post # 13662
Could it be possible that Mr. Harris recommended getting certs for our shares not because of the posilibilty of losing money due to the shorts, but because he knows if we all have certs, we can't do much for an extended period of time, thus keeping cvsu from taking as big of a nose dive into low share prices after the merger, and maybe giving this a better chance to stay strong right out of the gates? Not bashing. Just a thought.
This board is getting a lil crazy. Everyone stop, take a breath, dont feed into the bashing... How about we collectively make an attempt to pare down the daily posts to pertinent, genuine, considered, and informed (or if not informed at least honest and non-assuming) statements. Also, any chance that about 3/4 of the posts can be deleted?
$5 a share for all that cash? I'm not concerned:
1)since they are providing so much capital it only makes sense that they get in at a premium.
2)I don't think its likely that they are going to just dump them on the market either given the upside potential here, they are more likely investing not day trading.
3) I believe additional financing will pay off in spades for the stock price as I suspect demand is only going up up up and production will likely lag behind (we're already outsourcing production as it is), so who cares about a lil discount for major investors.
I think this PR just blew resistance away...
15 institutional investors and $41MM is alot of stock "ordinance."
NEWS: Force Protection, Inc. Announces $41 Million Equity Financing
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2006%5C07%5C24....
LADSON, S.C., Jul 24, 2006 (BUSINESS WIRE) -- Force Protection, Inc. (OTCBB:FRPT), manufacturer of the Buffalo and Cougar armored vehicles deployed with U.S. forces in Iraq and Afghanistan, today announced it has closed on a private placement of 8.4 million shares of common stock, generating gross proceeds of $41.25 million.
The securities were sold to a select group of 15 institutional investors, including John Hancock and Cortina Asset Management, at $5 per share with no warrants. C.E. Unterberg, Towbin acted as Force Protection's exclusive placement agent.
"We are extremely pleased to make this announcement," said Force Protection CEO Gordon McGilton, who noted that this round of financing would help the company expand its production capabilities to meet expected demand. "The working capital generated by this financing will allow us to maintain focus on delivering cutting-edge armored vehicle technology to support U.S. and Coalition troops in Iraq.
"We appreciate the investors who have participated in this financing. Their efforts will help ensure that more lives are saved by the cutting-edge blast protection technology incorporated in the Buffalo and Cougar vehicles."
About Force Protection, Inc.
Force Protection, Inc. manufactures ballistic and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against land mines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured near Charleston, S.C.
For more information, visit http://www.forceprotectioninc.com.
This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Force Protection, Inc.
CONTACT: Force Protection, Inc.
Media Contact:
Policy Impact Strategic Communications
Jeff Child, 202-737-5339
jchild@policyimpact.com
or
Force Protection, Inc.
Investor Relations, 843-740-7015
investorrelations@forceprotectioninc.com
Copyright Business Wire 2006
I'd say that classifies as a rude partial fill
FHAL new HOD 1.63 (+43%) eom
FHAL 52week high 1.60! (+41%)eom
FHAL new HOD 1.47 (+29%)eom
yes you can, you just get crappy rates eom
This might have something to do with us...
Posted by: IH Admin [Matt]
In reply to: skeballlarry who wrote msg# 69330 Date:7/21/2006 1:39:39 PM
Post #of 69491
Update on temporary feature changes:
This is due to the avalanche of traffic we've had in the past few days...our infrastructure wasn't ready, so to make the site still useable, Bob cut a few things...on a temporary basis.
1) Read counts on the Top Boards list only show premium page views.
2) Auto-refresh was disabled
3) Full-text search also was cut off, but I think Dave has turned it back on.
That's all I can think of now. Bob returns Monday and I'm sure has a plan to get it all back on...
MB
breather off the .12; heeeave HOOO!eom
CHDT Huge wall@.12 just about tumbled!eom
.12 wall comin down!
OT "insane clown posse!" -- did you know Jeff Thomas by chance?
NEWS: Titanium Metals Corp. net income climbs 62%
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7bE7E0727D-48D5-42C9-A2FA-3ED57958B2F2%7d&...