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CHINA TEL GROUP INC Message Board

  • nutstoobolts nutstoobolts Mar 5, 2010 7:39 AM Flag

    BASHERS PLEASE EXPLAIN 10 MILLION

    "Bashers" will 'crow' this morning that Excel is 'backing out', and that the PIPE payment failed to materialize.

    Then how do they explain RECEIPT OF $10 MILLION. No matter how you look at it, 10 Million is 10 Million. It is not what was expected, but 8-K's ARE amended all the time, and Isaac has stated intent to get even more deeply involved with CHTL, which is not a bad thing.

    The par $3.01 value per share still stands in this new 8-K. The pps may stumble a bit early on, but I still think it hits $1.75 - $2.00 in the next 2 weeks...

    MOST BASHERS STATED 100's of times - incl.'j373j' and 'longtimebserver' - who gets his 'chuckles' out of bashing on a free penny stock msg board - sure beats spending $10 for a good movie out alone, huh?, and it's "interactive" - that NO MONEY WOULD EVER SHOW UP - and that statement was clearly proved wrong by the $10 Million payment.

    So, it will be interesting to see how THEY modify their stance(s) and attempt to put a negative spin on the $10 Million - or will they just disappear from this board now that their "hired guns" status has been rendered impotent?

    I won't use such terms as "ROFLMFAO" because none of this is that kind of funny, but it is gratifying to see that 'bashers' who use(d) special characterslie $%*!@ in lieu of using curse words on a public forum directed at other people for no real reason (and entirely inappropriate) now have to stare $10 Milllion in the face and deal with the fact that that much money has in fact come in...

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    • I haven't seen any docs, only the 8k's. The PRC may have their hand in this forcing Wang to form his SPV in China since they own 51% of CECT-Chinacomm. The only odd thing is not mentioning the parent organization. That may be more normal in South Asia. Clearly Wang's organization likes the shadows.

      Have you seen the new promissory note? If PIPE fails and the note becomes due, It gives Tay the ability to convert his $200 million note into common shares at a 20% discount the the ten day average OTCBB price.

      I don't see how they can defend that conversion rate considering they are bargaining so hard for $3/share. It's a different scenario, but not that different. Clearly it is a conflicted transaction and they gave no indication of outsiders being involved.

      Not only is the note conflicted, it gives Tay a huge financial incentive to torpedo the PIPE deal if he feels he can get financing after the conversion.

      A conflicted transaction that causes another major conflict. I don't see how anyone signed off on this.

      I saw your other post just now. Good to know cracks are surfacing. I'm looking everywhere, but the market is so saturated with young associates that it is hard to garner much interest outside of Minnesota and Colorado where I am admitted.

    • "Bashers" will 'crow' this morning that Excel is 'backing out', and that the PIPE payment failed to materialize.

      Then how do they explain RECEIPT OF $10 MILLION. No matter how you look at it, 10 Million is 10 Million. It is not what was expected, but 8-K's ARE amended all the time, and Isaac has stated intent to get even more deeply involved with CHTL, which is not a bad thing.

      The par $3.01 value per share still stands in this new 8-K. The pps may stumble a bit early on, but I still think it hits $1.75 - $2.00 in the next 2 weeks...

      MOST BASHERS STATED 100's of times - incl.'j373j' and 'longtimebserver' - who gets his 'chuckles' out of bashing on a free penny stock msg board - sure beats spending $10 for a good movie out alone, huh?, and it's "interactive" - that NO MONEY WOULD EVER SHOW UP - and that statement was clearly proved wrong by the $10 Million payment.

      So, it will be interesting to see how THEY modify their stance(s) and attempt to put a negative spin on the $10 Million - or will they just disappear from this board now that their "hired guns" status has been rendered impotent?

      I won't use such terms as "ROFLMFAO" because none of this is that kind of funny, but it is gratifying to see that 'bashers' who use(d) special characterslie $%*!@ in lieu of using curse words on a public forum directed at other people for no real reason (and entirely inappropriate) now have to stare $10 Milllion in the face and deal with the fact that that much money has in fact come in...

    • I read your post again. You are simply FOS along with being in a state of denial. 8Ks are
      "amended all the time". Nice spin.

    • WTF are you crowing about? Ten Million is way short of $640 Million and Excel Era Limited
      doesn't check out. Fact is - according to the
      SFC in HK - they are not a legimitate asset
      manager.

      Once again the PIPE agreement has been amended,
      CHTL does not own 49% of Chinacomm and THAT agreement will also have to amended/extended.

      Best THINK before you post next time.

      • 3 Replies to j373j
      • Excel doesn't have to be registered as an asset manager if it is a subsidiary of an asset manager for the purpose of investing in this venture.

      • Sweetheart, you can't deny the $10 Million is IN, which you conveniently sidestepped in your posting. THINK? I've been buying and selling stocks since before you could key in WTF on a msg board. Do you speak to the poor woman who bore you with "WTF"??

        I could NOT care less what you think of my post - or me - or what your motives really are - paid $$ as a 'basher', a cynic who hates the world who 'done you wrong', a man who was jilted by a woman who realized you for the non-entity you apparently are, or whatever else -

        Unfortunately for you, you are TRIVIAL at best, and WORTHLESS at worst, as you are IMPOTENT! Nothing you say on this board - or however many hundreds of times you state it with such venom - matters. And THAT's the really cool part!

        but I stated the FACTS, and you stated HOW MANY TIMES that the PIPE would NEVER come in - and you were WRONG about that, no matter how you slice it - $10 Million or $250 Million, or whatever...

      • jj the clown said "NO PIPE"

        you were wrong clown.

    • What was the total dollar amount that was supposed to come in today?

      Was it more or less than $10 million?

      You can put whatever positive spin you want to on this news, but facts are facts.

    • true, and a reason to buy more here. one of the player's increased the amount they want in the deal - that tells me that they chtl is a great opportunity.

 
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