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Ya know Ronnie that could actually be one of the reaseons for the trust since they are not allowed to trade now.
He also hinted it could be before then. I think he was trying to discourage daytrading by creating some uncertainty as to when trading would be halted.
Thanks Peng! I feel better already. LOL.
If the float is gone they can never cover only try to minimize losses at this point.
TY Masta!
I keep thinking why is the CEO of FHAL spending so much time and having so much patience with his shareholders. WE all know that usually is a setup for dumping right? I think I have an answer after listening to Mr. Harris last night. He wants the higher share price for himself. He's seeing this as a chance of a lifetime to set him up for an early retirement especially once CVSU takes off. I think he also wants to demonstrate to CVSU shareholders that what he's asking is worth the price and thus wants to deliver a nice closing price for FHAL shares. We are just lucky to be in this with him. He needs us to try and deliver a price close to that $15 by buying shares which also increases his net worth. Also I think, in buying up the float he knew that should drive the price up and if the MMs were dumb enough to short then they could pay the piper. Brilliant I think. GLTA.
Doesn't really matter what they do to try and cover because our shares will be $15 once this circus is shut down.
Place it higher next time. LOL.
Great News! Fantastic!
It's to placate current CVSU shareholders. How would you feel as a shareholder if your shares went from $34 to what FHAL was before it announced the merger and its details?
IT just came to me in the midst of all this confusion. I see now why Rufus was getting confused by that question when we kept asking him.
It doesn't really matter because FHAL shareholders will become holders of CVSU. Whatever price they value the shares at will be the same for both FHAL and CVSU shareholders no matter what they compensate CVSU shareholders for.
It's a privately held co.
Look at our politicians! We're already doomed man. Grow up and look at the real world.
What could you expect from Texas anyway? LOL.
OT Nice pics. Someone skiing behind the Cat. Wow!
OT That makes no sense. In VA you must inform the person the conversation may be recorded.
In VA it is.
It's illegal w/o consent.
They do come in handy although a good tax software program can do the same if you have the patience.
New HOD would be sweet!
If you're at 15% tax rate then long term capital gains is 5%.
Short term capital gains is 25%.
Should start to move again once it hits a $ again.
Don't think so....
I'm sure Rufus must be buying and selling for a profit and will keep cycling this up until we're close to the $15 IMO. Might as well join the fun and flip some as well.
This is as close as you'll get IMO.
Just noticed the size of the B/A by MMs. Never saw that before.
OT Hey Peng! How's BKMP treatin' ya? Keeping an eye on RSHN?
Exactly! There is little supply and a LARGE demand. Why will it go down?
Only in PennyLand! How sweet it is.....$$$$$$$$
Thanks JJ. Did he have anything else to say about this? TIA.
Only taxes and death guaranteed.
Will we hit $2 today?
Yahooooooo! Now let's close over a $.
FHAL. They are being used by a privately held co. w/ a share price of $34 to get listed quickly. Alot of details on this but bottom line FHAL shareholders are going to get the $15 per share by the end of the month.
It's just beginning Dragon. This is a RM w/ a guaranteed share price of $15.00 per share by the end of the month. LOng story but alot of good DD on FHAL board. BTW, thanks for all the great info you're putting out on your board.
Yes it would seem CVSU would be the name and symbol with FHAL surviving as only the corporate structure or shell for CVSU is the way I read it.
But his azz is covered if they do!
Look where ARCA is!