Here's an original pump from July...stunning actually...and in the beginning there was Phil...
Jul 22nd, 2006, 08:20 AM
phil
HSM Addict
Join Date: Mar 2006
Posts: 9,786
FHAL.ob announced in June that it had entered into a LOI with CEOTA to supply logistics for the salvaging and bringing to market of submerged trees along a 100 mile stretch of the Amazon river in Brazil. That contract was estimated to be worth 1.5 billion dollars. It was suggested that upon successful completion of that project they would be extended the opportunity for the whole amazon river inside of Brazil, some 3000+ miles. The value of the remaining 3000+ miles was described as mind boggling.
Shortly after the pr fhal was interviewed on mn1.com and mn1's resident stock analyst released a report on fhal's business. you can find that here, Analyst's report and you can find the LOI announcement of the Amazon log deal here, LOI pr.
CVSU 's management picked up on the Amazon deal and decided to look into it. They apparently saw enough opportunity to do a reverse merger with fhal. While the Amazon log deal was described as the deciding factor for cvsu's decision to choose fhal for the merger, CVSU also has a need to merge into a OTC:BB stock in general. Their goal is to be on the nasd within 45 days of completion of the merger. They have a huge contract with the military for the F22 Raptor, and you simply cant be on the bulletin boards much less a pink sheet stock with a contract of that magnitude from the military.
This is the pr announcing the revese merger, R/M pr. This is a copy of the signed merger 8k, merger.
CVSU holds a $500 million dollar bond that has 4 outstanding offers for loans against 90% of it's value. CVSU also holds a $310 million dollar UCC Secuities Note against the state of Washington. Their pre merger financials can be found here, financials. They will be releasing their 10Q this coming week, and you should look for it to raise the book value to over $30.
While CVSU has numerous subsidiaries and joint ventures, the 2 of immediate interest is AISS and LotteryFever.
LotteryFever is presently going thru testing in Georgia, and if successful will be evaluated in a 3 state shakedown test. The revenue from the 3 state evaluation is estimated to generate 50 million dollars per year. After the successful completion of the 3 state test they will open up in 42 states. This will be the same thing as a giant PowerBall lottery. They do not have a functioning website presently.
AISS is the crown jewel of CVSU 's holdings. They are manned with some of the top echelon of our government's power players, and is staged to begin a 20 year contract with the military worth billions in revenue. their website is here, AISS.
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Last edited by phil : Jul 22nd, 2006 at 11:04 AM.
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