VLVT (was CSMA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : VLVT (was CSMA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sinasi Ugraskan who wrote (10203)	11/11/1998 10:06:00 PM
From: TraderGreg	Read Replies (1) of 11708

Interesting. Those are the first batch of formerly restricted ERHC shares that CSMA received for the sale of Uinta Gas and Oil last year. CSMA was to receive about 500,000 shares of ERHC with 1/4 of them becoming freely trading every few months, commencing with Oct 1998. Only one problem...the Uinta sale agreement with ERHC called for ERHC to guarantee $2 per share in CASH if the ERHC stock fell below $2. ERHC stock is presently trading around 79 cents.(123750 shares/$97,700). So, where is the other $1.21 a share? TG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next