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Re: Wallstreetman post# 4507

Sunday, 07/27/2008 7:38:37 PM

Sunday, July 27, 2008 7:38:37 PM

Post# of 5096
Well, I think your post answered your question. Hiring his brother as IR is not exactly disassociating themselves from incompetent (or scamster) Henry, who as you noted, screwed things up majorly and has a very shady history. Not to mention practically sharing an office with PRVH as you mentioned earlier.
I've heard the "oh I'm just a shareholder" thing so many times and more often or not, there's a lot more. Wolfson is "just a shareholder" at GTEC too, but funny how GTEC managed to hire a CFO that is an employee of his buddy Wasserman's side company. Birds of a feather flock together..."just as shareholders" or not. These little foreign companies in communist countries don't know squat about capital markets, who do you think they are asking for advice when they make decisions related to their stock? That's why the US-side people are so important.

The fact that they came back trading with 100s of million more shares than they had before is NOT cool to me. How can you uplist with that kind of share structure?

I DO think Cavico --the company-- is a good company that will do well. That's why I'm invested in it. But I don't trust their US-side people, from Tim to the CCG Elite hypemen, nor do I like their history and share structure. That's why this is a "gamble" stock for me. I wouldn't reccomend it to anyone nor will I put major $$ in it until uplisting is imminent (its not). Cavico has its positives, but lets face it, it has negatives also.

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