InvestorsHub Logo
Followers 2
Posts 615
Boards Moderated 0
Alias Born 05/16/2006

Re: flota post# 8481

Saturday, 07/22/2006 5:28:36 PM

Saturday, July 22, 2006 5:28:36 PM

Post# of 169275
yes, this does look a little funny admittedly. Although it is probably that these two brothers are the ones mentioned in american ideal (and I say probably as it could be just a name coincidence), CVSU has not folded since and the company seems to be aquiring assets since that time back in February. This tells me that their future track pattern will be to merge with even more companies and ventures making the company bigger and bigger. If it is a scam, then it appears that the scam won't unfold anytime soon (at earliest I would say would be the audit of the 10k), but likely much later when they can't grow anymore and the house of cards falls over.
And anyway it is just subventure of the company, they look like they have other ventures as well.
I wouldn't be worried about it at this point.. The worst case scenario is that the new CVSU will undergo another merger with another company and have to take a stock dip in order to merge with that company (and it will require majority shareholder approval). But I don't see that happening a few days or even anytime soon after this merger.
It just reaffirms my suspician that this company will grow larger and larger at least in the short run... and even if there is a pps drop with the mergers, Rufus has said we will get shares of the new companies - so it is not necessarily a lose situation.
Thank you for making me search for more dd at their site:

http://www.waatle.com/783548.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.