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No it will only reach about 1.60 so I would dump now. But you better hurry or you will miss your opportunity to dump high. Wow you are not even as close to as good a basher as DC was.
Yeah I will answer it for you. You’re an idiot for coming over here and calling it a “classic P&D” and not even taking the time to look at what it is all about. You probably haven’t even listened to the interview. I guess you must have compared it to PAIV or PAIM? LOL
Well..I feel much better. I just got off the phone with Mr. Harris right before his interview and asked him my question from last night.
Hi Mr. Harris, I am a current shareholder of FHAL and I have listened to the interview. By the way I wanted to say thank you for taking your time out to do that interview for the shareholders. I hope you still have time to answer 1 more question for me?
One thing that still seems a little unclear, and I guess that is because it seems to good to be true, is option 3 or c on the merger.
My understanding from listening to the interview is option {b} is too expensive because you would basically have to pay cash difference between 15 dollars and current share price of FHAL at the merger date? Option {c} however, is where my question is. From my understanding option (c) will:
If you own 1000 shares of FHAL at the halt date and the share price of FHAL is 1 dollar at the halt date, then once the reorg is complete the price of the FHAL and CVSU O/S will be reset to 15 dollars? So you would, as a FHAL previous shareholder now hold 1000 shares of CVSU at 15 dollars?
Is the statement above correct? If so why can the company afford option (c) and not option (b)? Because option (b) hits the bottom line?
Again thanks for your time.[b/]
Here was the answer by Mr. Harris. Some paraphrasing.
"You are correct. Option (b) will hit the bottom line and we will not be able to afford that. HOwever, I know from talking to people...football players, movie stars that have been following CVSU that the float is basically gone. I have no idea where these shares are coming from because they are not in the float. I think it is MM games trying to scare people out. When this comes out of merger it will be the short squeeze of the century."
So I am definitely long on this and no one except Mr. Harris will sway my decision.
So why would he make a comment like that? Why not just say I sold because I wanted to go ahead and take my profits? The way he said it made the board believe he had some crystal ball that told him what to do.
All I know is if Ronnie knows something through Mr. Harris he better be telling the board otherwise that could be classified as insider info and that would be illegal.
Its time for an uptick on SMMW
FHAL
How about another run on this one? Already gapping this morning.
I wasn't bashing.
I have 4300 shares and trying to figure out what the difference is between option (a) and option (c) for the company. It's a legitiment question and if you would read my other posts you would realize that. I would like to actually add about 4000 more shares.
Hi Mr. Harris, I am a current shareholder of FHAL and I have listened to the interview. By the way I wanted to say thank you for taking your time out to do that interview for the shareholders. I hope you still have time to answer 1 more question for me?
One thing that still seems a little unclear, and I guess that is because it seems to good to be true, is option 3 or c on the merger.
My understanding from listening to the interview is option {a} is too expensive because you would basically have to pay cash difference between 15 dollars and current share price of FHAL at the merger date? Option {c} however, is where my question is. From my understanding option (c) will:
If you own 1000 shares of FHAL at the halt date and the share price of FHAL is 1 dollar at the halt date, then once the reorg is complete the price of the FHAL and CVSU O/S will be reset to 15 dollars? So you would, as a FHAL previous shareholder now hold 1000 shares of CVSU at 15 dollars?
Is the statement above correct? If so why can the company afford option (c) and not option (a)? Because option (a) hits the bottom line?
Again thanks for your time.
Everyone please mark this post!
Folks if anyone has a question of DC's agenda there are a few things that are very clear. He is only 26 years old with 20 years experience....which he removed his age off of his profile so that statement didn't look false. Also, anytime you ask him to post links to prove and show where he found his DD he will ignore your question. Why? Because he hasn't done the DD.
Bashers will make comments and then post nothing to back those comments up, however; if they can make it sound good enough some people will still believe them even if links are not provided. So I urge you as an investor and to restore your confidence keep pushing anyone that comes on this board new to provide links to their statements and look at the information that we already have. IMO this is the stock to be in right now. The interview and the past performance has made my decision for me.
As a learning tool have posted the BASHERS handbook. It is very interesting and I believe after reading it you will be able to pick out certain people on not only this board, but other boards too. Hope this helps.
Lesson 1: Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any BASHERS. BASHERS only go after stocks that are moving up or have excellent potential to do so. BASHERS work to bring the price down to either increase their position at the expense of others or help a Short make their bones.
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The Basher will post this over and over again. Unsophisticated BASHERS will try to freshen up old news with a new date or by-line in an attempt to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't Bash. They try to control the board. True longs may have to confront the BASHERS or they will appear to the newbies as being the people with all the information. This is best accomplished by posting positive, well researched data on the company, repetitively, while trying hard not to engage the BASHERS in direct repartee. REMEMBER - LONGS... RESIST USING THE BASHERS ALIAS!
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a Basher. The truth on startup companies is that they make mistakes. What new company hasn't? The Basher will compare your issue to a another companies, financials - deals - management, etc., trying to lure you into making an Apples to Oranges comparison. Remember each company is unique and while it is prudent to seek out established indicators, do so with care and don't take someone else's word for it. Strive to come up with at least a "six-pack" of indicators so your vision of the state of a company is not tied to a single barometer. Not doing so is tantamount to going to a Race Track and betting on the "Pretty Brown Horsey". BASHERS WANT TO WHISPER IN YOUR EAR - PLANT A SEED OF DOUBT, AND HOPE THAT YOU ARE NOT SAVVY ENOUGH TO RESEARCH THE TRUTH ON YOUR OWN. This is how they achieve their greatest success.
DOUBT + FEAR + LAZINESS = BAIL OUT!
This is your investment... work for it, protect it and don't panic on the words of very shadowy figure that "has your best interest in their heart". Consider that one factor: Someone you have never met, is not a member of your family, is now, out of the goodness of their hearts - GIVING YOU FREE ADVICE (that you didn't ask for). It's a no brainer. They have motives $$$$$$$$$$$$.
Lesson 5: BASHERS know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the vague statements they do. They rely on you being to lazy to research their droppings other than to scan the board for others opinions. This is particularly dangerous when you consider that BASHERS work in packs and often validate and back up each others nonsense with what appears to be "innocuous and unsolicited" verification by comrade BASHERS. Let's face it, we are all conditioned to "believe" everything we see in writing. If others by virtue of their "posts" also confirm this belief, then we are subconsciously doomed to swallow the hook, line and sinker... Basher - 1 Honest Investor - 0
Lesson 6: The BASHERS PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you won't know the difference (unless you have done your own DD on the company and know the truth and facts).
Lesson 7: BASHERS play on your lack of patience. You have held a stock for a while. You knew it will be a big stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN. That's when the Basher is best. You are tired. You have forgotten the goal for the stock was to hold it for one year. The Basher is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a semi-Basher as well. THE BASHER HAS WON, AND GAINED A NEW ALLY - YOU!
Lesson 8: BRING THE PRICE DOWN. That is the Basher's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to scare the newbies that are just investigating a stock. They are trying to wear down the faithful longs on the board and gain free reign and control.
A BASHER HANDBOOK:
Do not underestimate a BASHERS influence on a stock. The Pro's are good at what they do and what they do is profit from your losses. Below is their "hand-book". Learn from it or you will be donating your hard earned money to them!
It good to see you make money somewhere because you certainly won't make it in the market.
LMAO! I guess it is time to post the bashers handbook. You fit the description of a C grade basher.
Actually you never answered mine which means you really haven't done much DD on this. rue DD means providing links showing the SEC laws that says the company can not do legally what the intend to do. True DD means providing links to your statements of R/S by the company.
Good luck....I am looking forward to seeing your DD.
Your correct I believe you base it on the other end.
You said you done your DD we can provide a link to the interview if you would like to hear the 1 to 1 ratio from the horse's mouth. Actually look in the Ibox for the link.
So where is your link to your statements?
Thanks
I completely disagree.
CVSU is not trading and is merging before going public. All they have to do is add the O/S together which is FHAL's and CVSU's which totals 111 million and there will be no R/S and there will be a 1 to 1 conversion into what is basically a reorg. If CVSU was trading publicly now then that may be the case, but since they are private at the time of the merger they can set the stock price at whatever they please. There is no control on the setting of the price except for the SEC to agree on the initial price of the shares. There is absolutely no way that CVSU can have 111 million OS from both companies and make 62 million of those worth 1.5 and 48 million of those worth 15 million. There is no where it states that the price is reset with a R/S. After the reorg FHAL doesn't matter.
Great close today!
Please make sure to note that we will start trading on a 1 to 1 share ratio too at $15.
Quit rubbing it in. LOL
Hope your right and I think you are!
I think it is going to keep going. I really don't see a reason for this one to let up. There will be flippers all the way up to the halt but other than that...everything looks good.
Thinking the same thing....but I am out of day trades.
That is excatly what it says...except for the last part. So you really believe that a company with over 3 billion in assets and 500 million in cash with an OS of 111 million is going to plunge back to a dollar after the merger? LMAO!
Thanks
Thanks
What's the L2 on it now? How many MM's are sitting on .0002? Thanks
Time to hit .125
AND there it is!
Looks like new HOD coming.
This is nice can't wait to see this at 10/15/20/25 dollars a share.
Thanks. Not bad
Anyone got the buy to sell ratio today? I would have to think there is a lot more buying going on today.
I just have to say...you guys suck! It must be nice to make millions...LOL
Congratulations to all that got in below 50 cents thats awesome. I got in a little above a dollar.
I agree..at this point I don't think it is a good day trader. If you look at the chart today it hasn't really pulled back much.
Nice run there....1.60! Lets see 2 dollars soon.
SWEET!
Lets see some SMMW movement. How about another 10 billion today?
Thank you for that detailed post. One other question and I will leave you alone. Mr. Haris stated that the merger was hoping to be finalized, paperwork and all by Thursday of next week at the latest. Is that when the PPS will be reset to 15 dollars or somewhere near that if need be or will it be sometime after that date?
Thanks
I thought in the interview he said it would be the option that basically just set the share price of CVSU to 15 dollars at IPO? Which is option (c or 3), I thought. Refer to link.
http://www.investorshub.com/boards/read_msg.asp?Message_id=12140039&txt2find=options
So the confirmation I wanted is why would that be any different than option (b or 2)...paying the difference? My thoughts were option (b or 2) would hit the bottom line. Where as option (c or 3) would not...it would be in shares instead of cash and that is why the company can afford to do it.
Just looking for a confirmation that I am stating this correctly. Thanks