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Microcap & Penny Stocks : VLVT (was CSMA)
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To: tradesman who wrote (2297)12/2/1997 7:39:00 AM
From: David Smith  Read Replies (2) of 11708
 
Trademan said AGAIN:

They traded the lease rights, of questionable value to CSMA for stock of real "current value"

WRONG, WRONG, WRONG AGAIN! Do you know what restricted shares are? I don't think so or you would never make false statements like this. They get no "current value" from restricted stock. They only have value after it becomes unrestricted. I will say it again:

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.

Tradesman said:

then execute the pre-arranged joint venture once the capital was obtained from the inflated stock price.

Then M3 would pay less shares of restricted stock, more value at less cost to Coconino and its shareholders. That is what would happen if the stock price goes up before the deal is executed. So the investors of CSMA are holding less risk, contradicting your original thought. You are wrong again.

Look, I am not going to follow up each and every one of your posts which are filled with inaccuracies and try to correct you. If you don't like the stock, get out. We don't need your irrational postings which are full of inaccuracies.

To everyone else on the thread; what do you think of this guy? Do I have a point or do you want to keep hearing from him?

David Smith
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