Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : The DD Maven -- Ignore unavailable to you. Want to Upgrade?

To: creede who wrote (660)	6/8/2009 7:36:29 AM
From: rrufff	1 Recommendation Respond to of 736

CAVR (recent pricing low volume in the .35-.40 area with bid ask ranging .35 x .60) Formerly quoted as PRXT and PDNW. I'm depositing this here as I was looking for a board where one can express objective/negative opinions without the typical gossip and posterior slapping that predominates the basher run boards. It seems like an interesting one to watch as it is just at the beginning of a financing/capital run, which may or may not show a P&D from start to finish. That's just my opinion but I welcome any contrary comments. Initial disclosure 211 - personal opinion/impression is that Robinson, who has run this entity through various iterations, has tried to be honest and transparent, at least compared to others in this universe, so worth watching. However, the stock should begin to tank, perhaps after some initial pump volume. Authorized 600 million common, 11 million preferred Don't know how to copy from this type of document, so these are my notes, urge all to read in full for more accurate info: 56,382,633 common issued 500,000 preferred issued which have the following rights, at least how I read it preferred voting rights are 1000 x common Conversion into 100 x common. So that equals another 50 million shares common. Upon conversion also entitle to $10 a share or $5 million. Requires vote of BOD. In default of $550,000 note, but negotiating with them. In reading the business aspects, it seems that they have acquired some leases but they need money to operate, need to raise capital. Increase of authorized shares to 600 million looks like the source of raising capital IMO. Insiders will be able to sell by converting preferred shares. Claymore and NHS control voting rights and can pick the BOD so they can do what they want with the preferred and the dilution to follow. The Robinson family controls Claymore. The business plan in Item XVI - basically spells it all out. The company lacks capital to do anything further and will spend the next year raising capital through attempts at selling stock and debt. I may be wrong on this but the filing I went through does not have complete financials so it's impossible to try to value the company. From what is provided, it looks like they valued the leases, shuffled them into this entity, issued notes and shares to control the company, and now hope to keep the float low enough for awhile to pump the price up, and then dump a ton of shares. That's just opinion, urge all to thoroughly read the filing. Thank goodness for filings. If they did not file this, it could perhaps be just another pinkie that dumps shares on us. We have to be thankful for for that and the relative honesty and transparency. If I had to guess, and that's all one can do at this point, is that rather than the .01 (which would be $2.50 post reverse split) previously predicted by someone on the stock specific board, the post-reverse split 1/250 share price is going to be heading into the .01 area here, which is the equivalent of 0.00004 on the old shares. If they issue just 1/2 the authorized, that would value the company over $3 million, which seems reasonable given the probable debt, future issuance of preferred shares, consulting contractual obligations, and other control/financing devices, etc. Again, just opinion.

To: creede who wrote (660)	8/14/2009 7:05:31 AM
From: rrufff	1 Recommendation Read Replies (2) \| Respond to of 736

Why does a self-styled "cyber sleupp" who professes he wants full discussion on message boards admit to being a serial TOS complaint submitter? This poster admits to assisting in the censoring of posters. Is this hypocrisy? Is this manipulation and why no comments on his activity from the "sleupp" community? ragingbull.quote.com By: carmelbeach 05 Aug 2009, 04:10 AM EDT Rating: Rate this post: Msg. 26454 of 26458 Jump to msg. # Your Report Was Sent We have received your report of a violation by bonzer7168 on the SLJB board and will investigate the matter. We regret that we cannot personally respond to all TOS submissions, however we do read all reports and take action against those requiring it. ----------------------------------------------------------------- I don't usually post my TOS complaints like this but I'm making an exception for . . . . ============================================================= (rest of spam post is not copied here as it mentions another poster who may not be on this board to defend himself.)