Replies to post #720 on Convergence Ethanol Inc. (fka CETH)

[The Rainmaker]

Maybe they have some more big mergers hiding behind doors number 2 and 3. If they were greedy pigs they could have just issued themselves another 400 million shares for the merger and who would have been able to complain. Nobody. They showed their smarts and their lack of greediness by leaving this deal with a very low, very workable share strucuture and only issuing themselve a very fair amount of stock. 85/15 was the ultimate split which is damn good in merger land. Shell shareholders ended up with 15% of the final deal. Very good split. Especially for a court reinstated deal.

[EasyBet]

I know that you know more reasons a guy wants to max out the A/S and most of them aren't for the benefit of the shareholders. I don't think the same guy who is running this now is the same guy who raised the A/S.

Rainmaker will know for sure or you can dig it up and certify the data.

I'm sure you have met Rainmaker before. He is a DD junkie and looks like he digs as deep as you do in most cases. Also, one of the straightest guys you want to meet around here so you can trust his DD. Should be a great debate if that is what you are looking for.

Looks to me like he brings some great deals up from the grave or mess or messiness that go on to great heights.

Of course, when you clean up a mess there are often loose ends. He is good at finding them when they pop up and cleaning them up too.

Again, my very best regards.