Blue: Option A....8K vs PR my repost
I don't think Rufus was asked, but here is my take
Posted by: rick85284
In reply to: Betting Babe who wrote msg# 7270 Date:7/21/2006 1:18:59 PM
Post #of 12369
My Take On Option A :repost
Posted by: rick85284
In reply to: Betting Babe who wrote msg# 7102 Date:7/21/2006 12:46:03 PM
Post #of 7287
Less Filling VS. Taste Great
BB: You may disagree but
I believe the PR subsequent to the 8K clearly states their intent. The PR says "exceeds" and the 8K says" less than". There is no logic in the "less than".
I think it was a mistake. And I'm not making excuses for them. The discrepancy between the 8K and the subsequent PR is unfortunate. I think they realized the mistake, hence the PR.
Think about it...why would the CVSU Board ever recommend "less than" and the shareholders (Mostly Board Members) vote for "less than" when they think their current BV is over $7.00, their fair market value is over $30, and the potential market value greater than that. They would be shooting themselves in the foot, or as others my suggest...scamming themselves.
The CVSU shareholders would never have agreed to it, Rufus one of them.
The only way it would be a scam on us is if the FMV of CVSU was equal to the pps of FHAL before they filed the 8K (say .10 as an example), and the pps at the 10KSB filing is greater than .10 but less than 15. and they chose the 8K option A. That's the only way CVSU shareholders would benefit under a covert operation to scam us by lying in the PR.
