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Scooter .25 this week ?? I hope your right, but I'll take .05 to setup for the next run.
I don't know if this our guy. But he sure fits the profile. Seems like he is apartner in amonster of a law firm in NY. Hope this link works :
Click under related practices. There is a link to mergers and acquistions. Very Intresting !!
http://www.skadden.com/index.cfm?contentID=45&bioID=125
Any idea where or how we can track the movements of MArk Smith. Seems like the smart money is on these RM and shells he is into ?
Thanks Dragon. Is it Tuesday yet. Time for some Booooyyya !!!
This has a chance to be a big runner. Tues. or wed will probably be the last chance to really accumulate before the big runs. Remember to play smart and take some off the table along the way. I love the way this is setting up. We have the right names to go along with the RM, don't want to get ahead of myself but dare I say 1.00+ ? No better not. Anyway suck up those cheap shares while you can. This has a relatively small float, so when this pops shares will be hard to come by.
Dragon would you post the link you use to find reinsated sheels. Thanks
Very very good sign that this kept its gains from earlier in the week. No sells of significance. The million dollar question will be what type of company is using this shell. IMO this has a long and profitable increase still ahead of it. Be smart and take profit. We may have a monster in the making. Keep it quiet and keep accumulating. I like the fact that this isn't in the top 20. Barely even spoken of on other boards. Kind of our little Golden ticket !!!
The volume is still very low considering the price. This is still under the radar.
Prett amazing it kept its gains. I picked up afew thousand to play with. This could be a real powder keg ina nother week or 2. It just seems something is up here. Even with the big run up yesterday. There was only about $20000 spent to move it up 1300%. magine if this is something big. It could make LFZA look like a walk in the park.
Definetly one to keep an eye on. I seriously doubt that they just decided to restart the company. Reverse merge shell is the best way to go public. The real question is, who is the real company behind the curtain. Nice comparison to LFZA. Lets see if the PPS follows.
Thanks rudad. I am just trying to figure how to play this. Its obviously going to be a nice momentum play. Question is, how good of an investmant is it.
Actually its not hard. That is how you apply value to any company. Regardless of the exchange it on. If your theory were true "expecting good financials" would not matter.
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Share Structure:
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A/S: 10 billion
O/S: 7,629,010,600 as of 6/30/2006 Quarterly / 7,629,010,600 as of 10/26/06 per TA (Florida Atlantic Stock Transfer, 954-726-4954)
Restricted shares: 6,500,000,000 (4Godnwv as per conversation w/ Mike Terrell 10/14/2006)
Float: approx 500-700 million as per PR dated 10/16/2006
Ok. So we are looking at 7.6 bill. My point is, to sustain a PPS of anything higher than .01, we are looking at revenues in the 70-80 million area. Granted, that would only be at 1 X book value. So if we use afactor of 2, revs should be 30-40 million. Can this be achieved with current company aquistions an sales ?
PAy thanks for the PM. I thought the float was 500-700 mill. So, are you saying the O/S is actually what ?
The thing is. With O/S of 10 bill X current PPS. You have a value of 50-55 mill. What type of rev's do they have to get this above .01 ?
Just curious. I bought into this last week. If the financials are as good as expected. What kind of PPS are we looking for .01-.02 ?
I Love this Scam !!!!!
MO money, mo money
$$$$$ 5 Billion $$$$$
Bash That !!!!!!
How is overall confidence since friday ? Do most LONGS feel more or less sure this will work out this week ?
SHORTERS enjoy your last good nights sleep. CAUSE ITs OVER
24 HOURS letf to cover your ass. HAHAHAHAHAHAH
They may Halt trading today. Get in before its too late. GL
If this is a scam wouldn't it have been alot easier for Mr. Harris to say nothing. Just tell people to refer to the 8K and leave it at that.
Hope you guys make big money today.EOM
Also can I get a link to the interview. Thanks
Just got back. The 90-120 means what exactly. Will we be able to trade next monday at $15.
Is there a link where I can hear a replay of the interview. The 90-120 days don not apply to electronic sahres. Is that accurate ?
Yeah thats what they said at .10
Quote:
Originally Posted by phil
they did file a formal document. The 8k describing the merger. In it they said the book value of cvsu/fhal is $7.21, so they set the opening price to a little more than 2x book. They are qualified to do that because they are considered a tax free merger by the irs.
thanks phil. I knew about the 7.21 not the tax free part.
__________________
McD how many days left in HSM jail ?
Who else believes we get 10q tomorrow. I do.
Something I could use help with. The 8k states that will reset the price if they need to 15 on the be it A B C option. How exactly does that happen. Do they need to prove how much they are to the OTC to derive that value. Is what they are doing common. Does that value come from the 8k alone or do they need to submit more than what we have seen ?
This is going to be a monster. The gov't contracts alone probably put this at 30 or 40.
Where can we see the interview ?
So is there any way we don't get a price of 15 ? What if the closing price on the 28th is 8.00 ?
I have to admit. This feels too good to be true. With that said I jumped in with 100K shares this morn. GL hope there are many millionaires here shortly.
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.
On the closing day of the merger if the price is lower than 15 they would pay up to that amount per share. Is this correct ? that would be reflected next trading day ? Am I right about this ?
Quick note. Why would this company get bought out at $15. Looking to jump on, was just hoping for 2 or 3 footnotes. Thankx.
I guess we are waiting for someone to post "is this a good entry point"......................YEEEESSSSSSSSSSSSSSSSSSSS.
By the way anyone seen QUIN lately, he must be keeping those shares to himself.
WE ARE BACK !!
Everyone bashing us on multiple boards all week, now what can they say. I say "shoulda bought suckas". Have good one longs !