InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,288.80
(
-0.62%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
84.90
(
-0.12%
)
Bitcoin
64,568.06
(
-0.39%
)
Post# of 4466
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

clearcoated

Send PM Follow Ignore
Followers 6
Posts 2375
Boards Moderated 1
Alias Born 07/25/2004

clearcoated

Re: siaubas post# 3364

Thursday, 04/02/2009 7:04:58 AM

Thursday, April 02, 2009 7:04:58 AM

Post# of 4466
They will need to raise cash soon. That is certain. You agree?

Last summer when they got r/s approved, management owned 6.2%... and they rounded up consent from 51.7%. For which they add "No consideration was paid for the consent." I really wonder how Monarch Capital Fund Ltd. made out from this deal as they were on record as owning 25% at that time???

http://www.sec.gov/Archives/edgar/data/1190132/000114420408043039/v121406_defr14c.htm

So what you're implying then is CHBO is once again making an “off market” deal to raise the funds they need to keep going.

Legitimately, all we need is real news of success...or real volume preceding that news. We don't want another off market deal that dumps on us.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up