* Email from the company
I sent email to Jeff yesterday around 5 pm. He replied within 20 minutes. I couldn't post yesterday because I was out of free post for the day. I will be communicating with Jeff more in the future now that I have established a line of communication.
I asked the following questions:
1) about the AH trades ... sizable ones in the last 2 days
2) comment on the term of CDs with Tangiers
3) if the acquisition will be completed as stated on the PR on Aug 1?
The reply is very professional and fast. I like the way Jeff handles questions and how fast he replied .. enough information but not too much details to get him in trouble. No doubt here that the company will do well. Feeling like I am dealing with a well-establish company that is traded on big boards. Management aware and active in dealing with existing CDs.
As you can see, he can't say much about the acquisition but read between the line. This company can deliver and they are very good with their deadline thing. Personally, I believe the acquisition is very much done and we will hear about it this coming week (early in the week but definitely by the end of August). I think the target company was waiting for the financial statement to be filed. I have great confidence in the company to do extremely well. This is one of a rare find in a pink land. I wish I had a lot of money or a qualify lender, I would just loan them money to pay of those CDs. I like to see a good company successes without these venture capitalists drive them out of business.
We don't know if all $65K debt would all be converted but if it does, it's probably done or near done. When it does we pop hard. Going to be a fun week coming up. Board mark is also up too. Nice.
Jeff Dashefsky <jeff@blackiceadvisors.com>
Yesterday, 5:26 PMYou
Han:
Thanks for your email.
Management does know about the overhang but is focused on executing the business plan and bringing shareholder value.
The goal is to complete the acquisition and to move forward and to keep the public aware of progress with consistent press releases.
I am here to inform you of information that has already been disseminated and to let you know that management is focused like a laser beam to be successful.
Companies like COHO over come obstacles in the micro- cap space.
Best,
Jeff
Jeffrey M. Dashefsky
Director Of Sales and Marketing
Email: jeff@blackiceadvisors.com
Office: 858-724-2440
