Replies to post #41795 on CSG Inc. (fka CYSG)

[fenian32]

They don't expect a re-listing for 6 - 9 months(and thats only if they find a suitable acquisition) and hope to create value that way using the NOL's.

Expecting almost no dissenters, which means they will have a value that makes it not worth dissenting. Meanwhile the management will continue to draw large salaries untill any cash has disappeared.

[underdog150]

That does not mean the company really has any intentions of finding, obtaining and trading again.

What a freaking shock!!!
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Here's a text I sent to Blocker yesterday with his reply:

My question:
Can you answer if I'm going to have value in my shares greater than .0005 average I held at time of revocation?

His Answer:

The 'expectation' is yes, but not for 6-9 months


There will be no cash buyout, essentially, for shareholders to get out at a 'fair value'. Fair value will be less than .0005 and in all likelihood, .0001.

The company is basically an empty shell now with very little assets and 'some' cash. As read in the latest PR, the company has to maintain some cash 'for a period of time'. That does not mean the company really has any intentions of finding, obtaining and trading again. That statement alone allows them a way out of this mess they created without legal repercussions.

As I have always said, "CYSG will NEVER trade again."

The company, once again, bent us over.