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53chevy

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53chevy

Re: HititUP post# 53620

Wednesday, 08/23/2006 6:43:30 PM

Wednesday, August 23, 2006 6:43:30 PM

Post# of 169275
I believe you are correct in your analysis. RPH has committed to 2x book value:

UCC Funds $300M
Caracas Group Bond $500M
Lehman Bros Bond (A+) $579M ($450M Euro @ $1.287 USD exchange)
Finland Bond (AAA) $964M ($749M Euro @ $1.287 USD)

TOTAL $2343M
Authorized Shares ~111M
Outstanding Shares ~97M
Estimate Float ~26M
Book Value Assets/share $21.11
2X Reset price $42.22

Plus whatever else is in the 10K....... this should even make the former CVSU holders happy. Looks like they will get the $34 they wanted......and can you imagine the implications of the short squeeze?

I am...

Don't Drink It, just Sip It....then move on to the next play

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