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RonnieD

07/15/06 1:00 PM

#1552 RE: faith4more #1551

no matter how you slice it, faith4more, it makes no sense. CVSU shares are being converted into FHAL shares. FHAL shareholders retain their shares and have influx of new CVSU shares ( and warrants, of which how many we are not clear on yet ). If Rufus told you that on the phone, there must have been some form of misunderstanding. FHAL is the buyer. Not CVSU.
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IHDR

07/15/06 1:12 PM

#1555 RE: faith4more #1551

If he indeed made that statement ........

then we have trouble waiting for us. We're not getting $15 a share, period. If this were a 200 lap Nascar race, I suspect we've only made it 10 laps with all the red flags.

<I asked the question where in the world would the company get the kind of funds needed to pay $15 to all shareholders. His answer was they have $500 million in cash. However, I see no financial documents that state such.

I am not saying it is true but that is exactly what I was told. No interpretation needed. He made that specific statement.>