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Tuesday, 07/18/2006 6:31:24 PM

Tuesday, July 18, 2006 6:31:24 PM

Post# of 169275
Repost:Think about this per JJ's conversation

CVSU holders were upset this was not going to priced at $34 per share. According the JJ's conversation with Rufus they priced at $15 becuase would entail less scrutiny from regulatory authorities. My take on that is they wanted to be way under the line as opposed to close to it with their assets. In other words go in at half of what your worth to make sure no one questions the valuation.

Now my point is this I would think if $15 upset CVSU holders the company would feel confident that a $15 share price can be supported. It would be make alot of CVSU shreholders very upset if it opened at $15 and tanked. So how could they support it. One would be a buyback now. Take as many shares out of the float as possible. If they are doing a buyback would make sense Rufus was worried would not have enough shares trading at $15 for Nasdaq listing (there is a volume requirement for Nasdaq listing). They "may" be taking so many shares out on buyback that it lowers the liquidity. Another have Mm's lined up to support the stock and be willing to buyback any sells at $15. Another would be to release blockbuster valuation PR's etc.. Could be any of these or a combination that could hold price.

I just don't think they would plan on this tanking when the everything is said and done.

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