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Tuesday, 07/25/2006 4:53:42 AM

Tuesday, July 25, 2006 4:53:42 AM

Post# of 169276
Hi Mr. Harris, I am a current shareholder of FHAL and I have listened to the interview. By the way I wanted to say thank you for taking your time out to do that interview for the shareholders. I hope you still have time to answer 1 more question for me?

One thing that still seems a little unclear, and I guess that is because it seems to good to be true, is option 3 or c on the merger.

My understanding from listening to the interview is option {a} is too expensive because you would basically have to pay cash difference between 15 dollars and current share price of FHAL at the merger date? Option {c} however, is where my question is. From my understanding option (c) will:

If you own 1000 shares of FHAL at the halt date and the share price of FHAL is 1 dollar at the halt date, then once the reorg is complete the price of the FHAL and CVSU O/S will be reset to 15 dollars? So you would, as a FHAL previous shareholder now hold 1000 shares of CVSU at 15 dollars?

Is the statement above correct? If so why can the company afford option (c) and not option (a)? Because option (a) hits the bottom line?

Again thanks for your time.

CALL or PUT at your own risk. I offer opinions and nothing else. Good luck.

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