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Re: Penny Stock Trader post# 55533

Friday, 08/25/2006 11:30:22 AM

Friday, August 25, 2006 11:30:22 AM

Post# of 169274
no

I like this stock.

Mr. Harris is operating CSHD, which is really Fronthaul, with all operations ceased. Therefore, revenue is 0. CVSU, also has revenues of 0, and 9000 dollars in the bank, and they operate out of a virtual office. They say they have 800 million in bonds, but we have seen no audited financials. They say they have contracts, but we have seen no 8K'd contracts to bring in future revenues. They say they are loading these new bonds into their asset backed (he forgot to write "backed" in the news report and wrote "back") facility. (You would think someone who is running a muli billion dollar securitization program wouldn't make that mistake). We have 8K denoting bringing new bonds aboard this asset backed facility, but they do not say how much of the bonds. I do not understand how they can bring the entire 500 million dollar bond aboard, when it looks like it is publicly traded and appears to be own by institutions, and the remaining of it can be spread across the world inside the average investor's portfolio. Now Mr. Harris, and Mr. Canady have an entirely unregulated trust that they formed?

What's the exit strategy, well let's see. The merger can be cancelled with one day's notice according to the merger 8K. So another midnight PR, and it's game over.

I am trying to scare anyone. I am not the person who invented this. This is not fiction. I am just stating what I am looking at.

I would be plenty happy if CVSU really had all those bonds. But they have had plenty of time to show an audited statement of financials from their company, to ease investor's minds. INVESTORS ARE BETTING ON NOTHING BUT MR. HARRIS'S WORD, AND THE FACT THAT HE RELATED TO ALL THESE IMPORTANT PEOPLE THAT WOULDN'T WANT THEIR REPUTATIONS HARMED. SURE. BUT WE ARE NOT BETTING ON FUNDIMENTALS HERE. If what I am saying is scary. I didn't invent this.

Bid is currently 82 cents. BTW. I am not advising anyone to buy or sell. I'm just pointing out details I am noticing.

HAVE

Odysseus crossed the river of Styx. He asked Achilles if it was worth trading his life to have his 'name' live forever. Achilles replies: "I would rather be the slave of a slave on earth, then to live here in Hades..." --Homer's The Illiad

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