whats all the hype about, page-87

This may have been covered in previous posts but it seems like Pendasor will also be the quick money makers too.

As per ann "The difference between US$1.1 billion and US$1.4 billion represents shares anticipated to be allotted to Angolans as part consideration for the assets to be transferred to Pensador"

ie receiving $1.4billion at $20/per share and funding CVI with $1.1billion. This leaves a differential of $300million.

CVI provided no info on Pendasor. Why are they valued at $20/per share.

Take out management fees of say 5% = $70million(nice days work which is btw paid by Angolan nationals) leaves a shell with $230million cash (before added merger/acquisition fees) which eventually will be CVI's via a monster dilution of some type + angolan transferred assets. Does anybody know who the directors of Pendasor are and more importantly who will be getting paid the management fees? Why doesn't CVI just simply issue a placement to the Angolan nationals for $1.4billion and transfer the assets to CVI since effectively thats what the end result will be after the 'claw back'.

This is the only info I can find on Pendasor Resources Inc. This can't be accurate surely.

http://www.marketwatch.com/quotes/pnsr

Am I missing some info: Last Price $10/per share ; 52week low of 5c per share. MARKET CAP $1.26million...thats right $1.26million ie 126000 shares on issue.

Just remember who's making the money! ie Management of Pendasor (the eventual 5% fund raising fee imo), the investment bank who will handle the Pendasor/CVI merger, Fortitude(2 directors of CVI), and CVI management (wages/fees etc). Its not CVI shareholders thats for sure.

Curiosity will keep me following this story. Complexity will keep me on the sidelines though.

Cheers,
The Sparkler