VLVT (was CSMA) Message Board

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Microcap & Penny Stocks : VLVT (was CSMA)

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To: OSCURO who wrote (6975)	4/30/1998 10:14:00 AM
From: Richard L. Williams	Read Replies (1) of 11708

Oscuro-- Thanks for the link. There is nothing here to be pleased about. Buffalo is a two-bit organization with $412 (yup, four-hundred and twelve smackaroos) to its name. How can it assist CSMA in any way? Is losing your corporate identity worth $25,000+ in Form 10 filing costs? I guess CSMA thinks so. This paragraph in Buffalo's 10Q in particular raised my eyebrows: The Company will carry out its plan of business to seek out and take advantage of business opportunities that may have potential for profit, and acquire such businesses, or a controlling interest therein. The Company cannot predict to what extent its liquidity and capital resources will be diminished prior to the consummation of a business combination or whether its capital will be further depleted by the operating losses (if any) of the business entity which the Company may eventually acquire. Looks like Buffalo management may be harboring ideas different from what CSMA seems to think. CSMA seems to think it will still contiune along under a different name. We'll see if these predators at Buffalo really will allow that. As Han Solo did when he first saw the Death Star, I have a really bad feeling about this. Rick

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