I like this explaination from another board:
<<Originally Posted by Realizer
When a non-public company mergers with a publicly traded company and the publicly traded company becomes the shell then a price reset is the only option. The price is based off the financial worth of the two combined companies.>>
And if you see nothing in common, I can't help that. But the fact is, CVSU was worth something in the 30 dollar range if I'm not mistaken and was a private company.
Why do you think there is so much attention on getting a NOBO list, etc. for the 10k? You have shares of one company worth 30 bucks merging into a shell that was .10. Of course there will be a restructuring. The CVSU people would never go for it otherwise. Talk about shorting a stock! hehehe. But I digress.
Just curious... how many bashers here know what CVSU's worth was a few months ago... or any other private company as far as that goes? None? OK then. We'll all find out together by the end of this month.