VLVT (was CSMA) Message Board

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Microcap & Penny Stocks : VLVT (was CSMA)

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To: TraderGreg who wrote (10282)	4/5/2000 5:07:00 PM
From: KZAP	Read Replies (2) of 11708

CSMA has spun off most of its assets in the form of restricted shares, for which no quote exists. Consequently, I would like people to give me their Bid/Asks for Ad Hatters and EnviroTec, as if you were market makers(MM). Based on the spin off distribution of 1 sh AdHatters for every 7 old CSMA and 1 sh Envirotec for every 6 old CSMA, it appears that AdHatters is market cap valued at 7/6 times Envirotec and the difference in share exchange ratios is designed to keep the AH and Etec shares at similar prices? That means that 42 shares of old CSMA now translates into 42 shares of new CSMA, 6 shares of ADHT and 7 shares of ETEC. (1 old CSMA is now 1 new CSMA, 1/7 share ADHT, and 1/6 share ETEC)

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