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JJSeabrook

07/17/06 5:52 PM

#1974 RE: RonnieD #1973

That is the way I read the 8K...actually, there's no other way to read it.

IF they will buy FHAL shares for $15, they didn't 8K it.
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faith4more

07/17/06 5:57 PM

#1978 RE: RonnieD #1973

RonnieD when I spoke to Rufus

I thought and he told me what the $15 meant. I thought he must think I am an CVSU shareholder. So I told him I am an FHAL shareholder. Then I specifically asked will I as a FHAL shareholder be able to take the $15. His answer was yes FHAL will be able to take the $15. So again I said something to the effect of not just CVSU holders get the $15. His answer was correct.
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lesnshawn

07/17/06 7:34 PM

#2038 RE: RonnieD #1973

RonnieD: I read it as "The Buyer" being CVSU and "The Company" being FHAL. But, to be honest, I'm totally confused.

Per the PR: "The surviving entity will be Conversion Solutions, Inc.; FHAL day to day operation will cease immediately, and the company will operate as CVSU to include the Director and Officers as follows;"
http://biz.yahoo.com/prnews/060712/clw050.html?.v=57

Per the 8K: "The Merger Agreement contemplates that, subject to the terms and conditions of the Merger Agreement, Conversion Solutions, Inc. will be merged with and into FHAL, with FHAL continuing after the merger as the surviving corporation (the "Merger")."
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=4270200&doc=1&total=&back=2&...

Is it just me or do others see a conflict there. One says FHAL will be gone and CVSU will survive and other says 180 from that in that in that FHAL will continue on.

That, coupled with the resignation of FHAL's accountants because FHAL directors put out the latest 10Q w/o letting them finish auditing it seem kinda strange.

Anybody here care to straighten me out?

This is hard to follow to say the least, or is it just me?

Thanx,
lns