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Post# of 169275
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digiwench

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digiwench

Re: Penny Stock Trader post# 1542

Monday, 07/17/2006 12:03:53 AM

Monday, July 17, 2006 12:03:53 AM

Post# of 169275
So, to be clear, the Buyer (FHAL) will pay off some of the Company (CVSU) shares at $15, but not all of them, right? The fewer paid off before the conversion to FHAL, the more cash left for the surviving company (FHAL). That's good for the FHAL holders.

Also, the halt doesn't hurt holders; it just prevents trading while the closing takes place, right? Is there a situation where this halt could be protracted? Would that be negative then, since it would not be good news that the closing was not proceeding as planned? Anybody seen anything like that, or is it just worrying for nothing?

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