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Thirsty Tiger

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Thirsty Tiger

Re: None

Saturday, 08/04/2007 12:33:38 AM

Saturday, August 04, 2007 12:33:38 AM

Post# of 29782
Anyway, the RM is still a few months away.

These event need to happen first

1. RVNO files a PRE 14A with the SEC giving the details of the proposed merger.
2. SEC comments on RVNO's schedule 14A filing
3. RVNO revises the proposed filing as instructed and files a DEF 14A as a proxy for the RVNO SH to vote on (read Carnes to vote on)
4. NASD issues new symbol and Cusip.
5. Your PHGI shares will be "frozen" until your broker has received the new issue. Minimum 3 trading days, more likely 5-7 days.
6. While waiting, the pps tanks and you can't sell (see 5)

A lesson I learned long ago, never hold through any kind of merger. The risks are just too great it's just not worth the trouble



"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa

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