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DARN IT! I have to leave the computer this morning. I was forced to sell at least my initial investment. Hate to lose it just in case. BUT, REST OF FREE SHARES ARE GOING TO RIDE THIS BABY ALL THE WAY TO $15, YEEHAAW!
See you later folks.
.91 Hey Shorts, Don't you still get it? The company is buying the shares, LOL!
BAGABOOMBOOYAA! .85 Kung fu style death grip on my shares, Hiyaa!
So, someone help me understand this correctly? If the PPS is less than $15 at the closing date, lets say $10 for discussion purposes only. The surviving holdings company (FHAL) will elect to:
a. Maintain the actual PPS at time of closing. $10
b. Set the pps at $15 at time of closing and pay CVSU shareholders $5 per share. $15-$10 = $5.
c. Set the pps at $15, and then what??? I am stumped here.
JJ or Can someone please come up with a simpler explanation of this terms in the 8-K. Option A seems pretty self-explanatory, but B and C is a bit tricky...
2.6 AVERAGE CLOSING PRICE ADJUSTMENT.
In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; (b) 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 of Buyer's Stock to be received by such holders of Company Shares; or (c) set the Average Closing Price at $15.00 and pay no additional consideration to 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 ). In the event that the Buyer elects option (c) described above, the Company may terminate this Agreement by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.
Sort of like doing a forward split for CVSU shareholders.
Hmmmmm...
Nite is on a mission! IMHO
No matter what, I will hold on to my shares in a Kung Fu like death grip until the merger! LOL!
Thanks for the 15 minute edit time frame. LOL!
But what if they chose option A?
(a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price;
Then Don't we not get our $15.
Let me see if I got this right. The company is buying shares now so they only have to pay a small float for $15.
Why are we even watching this trade then? LoL! This just gets me too excited! I am too old for this. Lol!
If it goes back down to .40, I will be buying mooore!
SHOW ME DA MONEY!
READ! FHAL DD from JJSeabrook! http://www.investorshub.com/boards/read_msg.asp?message_id=12079194
BAGABOOMBOOYAA! Cramer has not heard this version of Booya yet. LOL!
Something is definitely brewing here!
JJ, thank you very much for your excellent DD. Hope this turns out to be true!
Got in at .29, BAGABOOMBOOYAA!
Level II ask is at .27
This is unfreaking belieavable. What's the current tradeable float? Can't wait to get in.
As of April 1, 2006 Sound Revolution has 10,353,161 shares issued and no options or warrant currently outstanding. Of the shares issued and outstanding 2,455,859 are free trading and 7,897,302 are owned by Sound Revolution President, Penny Green.
http://www.soundrevolution.net/factsheet.pdf
Thanks! EM
What's brewing in SRVN?
NOA Notice Of Acceptance # 06-0407.05
http://www.miamidade.gov/buildingcode/pc-search_app.asp
China Direct Trading
Corporation (OTC BB:CHDT) announced recently the expansion of its power generator sales operations into Miami and Naples/West Florida with two new sales operations. The expansion is prompted by the strong sales performance of CHDT Complete Power Solutions (CPS) power generator sales operations in the northern
Miami region. The new operations will be open in the upcoming weeks.
Sorry SA, I was responding to someone at CHDT but replied to your post by accident. LOL!
CEO Interview is postponed till Thursday. I got an e-mail from Stock Analyzer saying that Howard will be stuck in a meeting tomorrow.
Here is his e-mail.
CHDT CEO Howard Ullman will NOT be coming monday morning. He has a meeting and wont be able to make it until thursday. Please stay tuned for more details!!!
Here is a chart school here on Ihub as well.
http://www.investorshub.com/boards/board.asp?board_id=4084
How about Xkem on Forbes on Fox?
Can Xkem or just our SCD drug be mentioned?
Email at forbes@foxnews.com
Forbes! Wow! This is a start. Pretty soon, lots of big boys will be mentioning this wonder drug.
1. Biggest market is Nigeria and rest of Africa
2. Scientists in Nigeria were the discoverer of this drug.
3. Naturally, since the drug was discovered in Nigeria, Nigerians should capitalized, ie. employment.
4. Bragging rights, Nigerians discovered the wonder drug for SCD.
http://www.scidev.net/News/index.cfm?fuseaction=readNews&itemid=848&language=1
I guess this was before Nicosan was approved by NAFDAC, Now this hospital and others should stock themselves with our SCD drug.
http://www.amade-mondiale.org/projects/drepanocytose.htm
I got the point! EM
Darksmuggler, No intiendes Espanol, LOL
I thought I read it somewhere that Orphan drug status was granted in 2003. Is it not also true that some that are granted orphan drug status are approved within 2 to 4 years. If so, then we may be very close to FDA approval.
Nice find Dspetry! Here is of interest too.
http://www.sicklecelldisease.org/info/pres.phtml
PRESIDENT BUSH SIGNS THE SICKLE CELL TREATMENT ACT
SCDAA is proud to announce that President George W. Bush signed the bipartisan Sickle Cell Treatment Act of 2003 (S.874/H.R. 1736) into law. The Sickle Cell Treatment Act, which was approved by Congress on October 7, was sponsored by U.S. Senators Charles Schumer (D, New York) and Jim Talent (R, Missouri); and Representatives Danny Davis (D, Illinois) and Richard Burr (R, North Carolina).
Darksmuggler, Wanna share contents of letter pls.
You are right uwlungman, a lot of people do not realize that it is indeed a "CURE". Huge magnitude. This is medical history
if it is proven effective.
Right RJ. Thanks
Company moved 3 times already due to growth of business.