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What excuse will everyone use today if there is nom PR????????
Stop the hype - wait for the facts. Credibility is the ENTIRE issue here.
I'm not - holding close to 2M.
I have a bridge for you to buy when you are done waiting for this one. It's 8/31. I don't care if it is not the end of the day yet. This should have been PR'ed or someone should say they are or are not hitting THEIR SELF IMPOSED DEADLINE.
Get it - this was commitment when they PR'ed the deal. They miss it, then it is another bad mark on the management.
When is this board going to make these guys accountable.
Stop the A** kissing and make them accountable. Tired of the hype. Either get it done or tell us you failed - AGAIN.
One day before deal close, volume in the toilet and price stagnant.
Can you smell no deal by 8/31??
I am getting a little skeptical. We shall see what plays out.
Good work - great post. I am with you - hope this is not another pump and dump.
You can add me to the "few".
Let's see where this goes when the deal closes. Surgline obviously is pounding the revenue. Good sign.
Luv that Boston logo. Big fan of all Boston Teams. can't wait for NFL to start.
Like that Boston picture - A LOT.
Based on Pre or Post share structure - I assume pre?
I think you miss my point. I am just trying to temper the enthusiasm and expectaions.
This stock has potential. Good sector. Good management. Good bus model. Haven't sold a share.
I don't like posts that say this is going to the moon, or will be the stock of a lifetime. Let's just watch and see what happens.
Pumping the hell out of this is not good either. It turns some people off.
Thanks Jpru, wasn't planning on it just yet.
I do see a lot of potential, but tempered enthusiasm is the order of the day. This needs to play itself out. I understand about TCLN, but every deal is different and let's just be a little less exuberant and we won't get our hopes up.
I am off to NYC for a few days and I am hoping when I return, that CNUV has provided a little more clarity on the "deal" of the "decade".
Sorry Algebra, not poking fun. Just a little play on words.
Just remember you have a 15 to 1 conversion and CNUV holders only have about 20% of the new entity. If you had 1.5M shares, you come out with only 100K shares. The stock could fly and you still won't make the killing you are alluding to.
At $5 share, different story. To do that we need about $100m in earnings. Not sure you get there very soon.
$.01 todat is the same as $.15 after the xclose of the deal. Need a lot of movement to break even.
I think the revenue is there, but we will have to see how much in the disclosures.
Good post. Apprehension is the correct term. Until the horse is in the barn, no comfort level.
Not sure I remember that specifically.
BTW, who is my buddy. Not sure I have one on this board.
Maybe so, but I thinbk it's worth asking.
My guess is it could be reservbed for private placement to get other investors involved for working capital to grow the business.
Question for the Board.
Post merger:
total shares 200M
Surg 140M - 70%
CNUV holders 20M
Left over 20M
Who gets the 20M unidentified. Look at 8K - spells out as "missing"
Talk about crappy timing for a PR. Couldn't be worse.
Very true, but their actions will speak volumes in less than 3 weeks. I want this to succeeed as much as anyone. Just seen this so many times before.
I had one pinky that I bought 20,000 shares of years ago. I now have 4 shares after 3 R/S and two mergers later. My investment is now worth $4. Get my drift.
Trust no one.
Yes - but - we shall see.
See previuos post - caution flag is what happens afterwards. Further dilution or market cap build based on sales and rev.
We'll see whether they want a real company or just like flippers - quick buck artists. Time will tell.
That was my concern from the get go. After the R/S or R/M whatever, they furtehr dilute and we hold the bag. That is the caution flag on this one.
Just, I have posted a number of times about this issue and I agree with you. My postion was not popular, but based on what I see it is a R/S. Call it an R/M, call it a giraffe, but botton line is less shares than when we started.
Now, that said, it may work out - BUT - it depends on the Surglin financials. If they have a healthy B/S and a solid sales and EBITDA, then this will be ok. We haven't seen them yet, but the signs are pretty good. Today CNUV is a shell with no rev etc.
If Surg is healthy it may work out. I still agree with you - don't try to perfume the pig. It is what is is.
That seemed to work out well - not.
It doesn't. Something else. Won't speculate, but any firm worth thier salt would have had this done in 4 weeks or less. SDVI is the issue, IMHO.
Thanks Monaco. I am normally very objective. I ahve been in business a loing time and have learned never to allow personal preferences or emotions take over a situation.
I don't have rose colored glasses and what I post is usually thought out. I am long and will hold till the end, but just posting my concerns.
Thanks for your comments.
I hope you are right. I have been a victim of many R/S and the hair on the back of my neck rises when things get suspicious. Don't mind me, just looking for the "communist behind the trees" type thing.
I know you have done a lot of DD on this company and are a true believer, but I take it a little slower. I am a "show" me kind of guy, so I will wait this out until the end of Aug. I am not selling. I hope it turns out best and meets your expectations.
Because if it does, I know I will be happy.
Believe me, me too.
I continued to buy to reduce my ave., but I don't like the feeling about a possible R/S. That's it. Just suspicious and cranky. Think it's age.
Agreed. Just unfortunate that we will miss the Back To School rush that could have catapulted this thing more quickly.
I think you and I have debated the volumes before. I am a 500K unit sale guy and in thin you were more in the 100-200k.
I think we could hit that 500K with Wal Mart etc.
Not sure what your post meant, but I am not a flipper. Only did it once after I had made a nice tidy profit. CNUV hasn't fit that criteria yet.
why settle for a million or two when we could have $5-$10M. This stock s/b in the pennies NOW. They have product, distribution, low overhead and willing customers.
WHY ARE WE IN THE TOILET? Because we miss every deadline and never meet commitments. It's a shame. This could really be a beautiful growth stock.
Haven't sold a share and own quite a bit. In for the long haul, but the POM POM raising and cheerleading is tiresome.
Because all of those moves were to facilitate the deal for the large holders and the Surgline folks and had nothing to do with their concern for CNUV shareholders. Let's wait and see when the deal is finalized and how "good" it is for you and me.
If I am wrong, then I will admit it.
I'm with Creepin here. I am very suspicious of this entire deal. Everyone thinks it's a R/M and I smell a R/S. Some will say it's semantics. It is not.
The guys from Surgline dont' care two hoots about us CNUV holders and Fong is intetrested in Fong - make no mistake about that. If we make out it's a by product of Fong getting a great deal for him.
We are along for the ride and like everyone else, hoping it works out, but none of the primary parties gives two craps about us.
Sorry for being a little negative, but I am tired of all the POM POM hoopla. This stock has been a dog for the past few months and let's call it like we see it.
Good for you Creepin. Finally someone who calls it like it is instead of being a cheerleader.
IMO of course.
Clever, we need news on the Big Box Stores for Back to School. If we miss it this year it would be two years in a row.
That's 350K units - Sales of over $3M - can you say stock price rise.
We need status on the Back To School orders to the box stores - Wal-Mart, Target, etc. This is about 350K units. We miss this one, we are doomed to this share price until Christmas season, at least. May be here forever.
I did. I backfilled my conversion, but I still don't think we should be penalized for it.
Simple, I am in this for me. I understand your position as well, but I am lookinm out for number 1 here, that's all.
In the long run, I hust hope we all make something out of this. Been here a long time. Just want this to be a positive. Whatevfer happens, happens.
BTW, my opinion matters about as much as a grain of sand in a desert.
Obviously, a major difference of opinion. But that is why we are here, correct.
I will stand by my position. Only time will tell.
Given that some of us took the risk to convert to GRAF, I feel the conversion now should be greater than 200 to 1. Many who converted payed more than the current price and we should not be penalized so that the current SDVI holders who paid less get the benefit.
I vote for 400 or 500 to 1.
At 500 to 1, the new share structure would allow for a great PPS growth based on strong game sales and profit.
The O/S shares would be in the 15 million range, providing there is no further dilution for any reason and a good sales season would yield about $.10 EPS. At a 10 multiple we are looking at $1 share price by q-1 12.
I understand. I will watch with interest.
Just for the record, bought a little more on friday. I'm in. I just get squeamish when I see a pattern. The pattern hasn't produced as yet, but I will trust some of you who have been trading these OTC's longer than me.