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serfdom

09/18/06 1:25 PM

#76513 RE: bluediamonds #76510

That was a bankruptcy restructuring, Diamond. The original shareholders did NOT realize the gains in the SP. We covered this a week ago - I posted all the filings and PRs explaining what happened. NOT THE SAME as what Rufus is talking about.

Did you forget this already?

Posted by: serfdom
In reply to: bluediamonds who wrote msg# 68332
Date:9/7/2006 10:26:39 AM
Post #of 76512

Bankruptcy? This is not a BANKRUPTCY. Ol' Phil is really reaching now. His example is NOT relevant to CSHD.
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Vitamin DD

09/18/06 1:34 PM

#76517 RE: bluediamonds #76510

That was SPEA Bluediamonds. That was not a price reset.

The stock rose from a reverse merger price because of PROVEN value. The company owns American Idol, the rights to Elvis and Muhammad Ali. For the fiscal yearof 2005, they produced $120.6 million in income. The stock price ROSE to that amount. There was not a price reset.

All you find in the history of CVSU/FHAL is a history of the accounting firms or auditing firms being replaced, a company (CVSU) which has $0 income and the disbanded trucking operations of FHAL. Also, read the agreements and see the obligation required of CHSD and what the agreements actually say.

Typical repost of wrong and misleading information.

Vitamin DD
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samaelrocks

09/18/06 1:49 PM

#76526 RE: bluediamonds #76510

Yeah, love it. I think there were 7 other examples of price resets. We know they exist. However rare reverse mergers are, they are not unique.