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Re: Penny Stock Trader post# 1542

Sunday, 07/16/2006 11:37:11 PM

Sunday, July 16, 2006 11:37:11 PM

Post# of 169275
Good workup for worst case. Question: is FHAL actually booking almost $2mm liabilities over assets? Also, in FHAL holders favor the 8-K indicates that the buyers are not paying cash, but are expecting consideration if the Company shares fall below $15, right? So, that means the $1 scenario is not as likely as the fully diluted price ~$7.

I'm most concerned about lockouts and what will happen when it's free to trade. What are your thoughts here?

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