Option 3.
3.) Set the Average Closing Price at $15.00 and pays no additional consideration to any shareholders.
Does this mean that the price only has to be 'set' at $15.00 and then everyone is on their own? How many minutes will that last? Mr. Harris said today that CVSU has no earnings, revenue or profit, but has assets. The assetes are in the form of a bond, but last I've never seen common holders have rights to a bond, ever. Common holders are always the last in line, but everyone here believes they will be selling their shares to institutions. This would be the first time in history that common shareholders get into a deal before institutions. Institutions always get their shares at a discount from the issuer, not retail holders in the open market, except of course this coming Monday.
I've asked hundreds of people over the past week if any will be buying at $15 and the most bullish ones on this stock reply with a "hell no!", so if the biggest cheerleaders won't pay $15, who will?
"institutions" you all say, well what institutions, and how do you know what they will do?
If CVSU had all the cash and assets Mr. Harris claims, there would be no need for the company to be public. Instead, all the wealth could be distributed to the people who worked hard to build the company. Companies go public because they need cash, Mr. Harris claims there are billions of dollars so support the bid at $15, so why do they need shareholders?
In my opinion, you are all being used as a vehicle, to facilitate the transfer of money into other pockets. I don't believe the promise that all these new shareholders will make at least $15 times their money for being in the right place at the right time.
If it works out, great, I have some just in case.
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