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Re: None

Friday, 08/04/2006 9:34:55 PM

Friday, August 04, 2006 9:34:55 PM

Post# of 169275
Spoke with TA a few seconds before the 2:59 PR. Here is what he told me:

FHAL 200M Authorized Shares, 74M Outstanding Shares, 25M float
CVSU he thinks has 63M Authorized Shares, less than 40M Outstanding; however, he cautioned that he couldn't vouch for CVSU numbers becasue Integrity Stock Transfer is not a TA for CVSU. They are TA for the new Company and they will know once the filings are complete. He also said that they were not aware of any preferred, preferred convertibles, debentures for FHAL. They deal only with common shares.

I was under the impression that the new Company would have a total of 111M shares. The question I have for those knowledgeable is whether there is any dilution we should be concerned about with 200M FHAL authorized shares?

An explanation would be appreciated.
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