VLVT (was CSMA) Message Board

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Microcap & Penny Stocks : VLVT (was CSMA)

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To: tradesman who wrote (2295)	12/2/1997 6:44:00 AM
From: David Smith	Read Replies (1) of 11708

Tradesman said: M3 has no risk in the first well, but, does share in the reward, if any. WRONG! WRONG! WRONG! M3 is selling the property to CO&G for restricted shares rather than cash. Do you think that M3 feels trapped in this stock? I don't think so. M3 initially paid for the property and they have the WHOLE PURCHASE PRICE to loose if CSMA shares looses value. On the contrary, they are confident that the CSMA stock will appreciate over the next 12 months, that is why they are willing to take restricted shares of CSMA stock rather than cold cash for the property. Maybe you have been burned before and suffer the battered wive's syndrome but don't ignore the other aspects of this deal. What about the disposal well potential? David Smith

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