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Countmein

05/23/06 10:28 PM

#32918 RE: lacymarie #32916

Lacy: Does the word "DENSE" mean anything to you? LMAO
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schlots

05/23/06 10:31 PM

#32920 RE: lacymarie #32916

lacy...I think they are counting on the reverse split to get us closer to the .50 per share pricd. Still a gamble...resticted shares in the "new" company won't give us many options. If HISC loads up assets (products, etc..) in the shell to make it worth more, maybe our HISC shares will suffer. But what the hell, we've gone this far. I'm sticking it out.
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CaptWhizbang

05/23/06 10:31 PM

#32921 RE: lacymarie #32916

My understanding is that after the merger and the acquisition of EVSI, Actsoft and the shell, EVIS, will re-emerge in an Initial Price Offering as an intirely new entitiy, to be named in the near future. The IPO will, apparently, be offered at .50 and the restricted share offering will be distributed to holders on a 50-1 basis. What every Frank wants to offer it, will be it, but essentially the absence of debt, the reverse split to bring the stock into alignment, the value of Actsoft, etc. should bring HISC to that approximate value as I have understood the numbers of some of those posting here. There are many here that are better at the calculations than me.

As it will be restricted(supposed by this board) the price will be guaranteed for some predetermined time to insure stability of the new co. IMO



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veritas-twj

05/23/06 10:34 PM

#32922 RE: lacymarie #32916

That is only his hope or target, there is no requirement or linkage to the price and the stock dividend issuance. Only the market can decide where the spinoff will trade.
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711tc

05/23/06 10:39 PM

#32924 RE: lacymarie #32916

There are several factors to consider in the difference in the value of EVSI shares now and after the reverse split. The ActSoft assets and HISS assets won't be "EVSI" until after the split. More clarification Thurs I hope.
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Jimmy Quick

05/24/06 1:22 AM

#32949 RE: lacymarie #32916

Get out your calculator Lacy aka:Baddog, right now we would be getting our shares at .60 a share.