News Focus
News Focus
Followers 1
Posts 139
Boards Moderated 0
Alias Born 06/21/2006

Re: petermic post# 30430

Saturday, 08/05/2006 1:25:11 AM

Saturday, August 05, 2006 1:25:11 AM

Post# of 169297
The devil is in the details. FHAL has over 74 million shares outstanding right now according to the T/A. With the convertible notes and the preferred stock, the fully diluted share count is north of 150 million shares. The market cap of the FHAL shell is therefore around $150 million. It's easy for a practically dormant shell with a market cap of <$1 million to go up 1,400% on a reverse merger deal. But if the same thing were to happen here, that would give the FHAL shell a value of over $2 BILLION. These pumpers are so proud of their list of ten stocks, but I'd bet not one of them valued the shell at anything close to $500 million let alone four times that amount.

If CVSU were really worth $15 a share, Rufus and Ben would be leaving $2 BILLION on the table. Nobody leaves $2 BILLION on the table.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today