This is topic FHAL...RUNNING...news maybe later! Look at the volume in forum Hot Stocks Free for All ! at Allstocks.com's Bulletin Board.


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Posted by stocktrader22 on :
 
Way over average volume in first 1 of trading....CEOTA contract coming with Fronthaul valued at 1.5billion....this thing is flying...just wait till the news hits!
 
Posted by Claydough on :
 
Merger news out today!
 
Posted by stocktrader22 on :
 
Wow, 834 million in Assets for the company they are merging with. [Smile]
 
Posted by Braindamaged on :
 
I'm in at .155 Thanks for the tip
 
Posted by maxdog on :
 
Just looking at this, do you think it is to late in the game to jump aboard?
 
Posted by P Rowds on :
 
7.21 a share?!
 
Posted by stocktrader22 on :
 
Yes $7.21 a share with both companies merged. Means FHAL could easily see $1.00
 
Posted by greg60 on :
 
FHAL up 118% today with 13 million volume
 
Posted by 66inxs on :
 
yeppers FHAL rocked today. if it gaps and/or stays even around 10 i might jump in. i am afraid of pinks that jump up 100% in a day. something like a roman candle then poof it slowly ainks back into subpennyland. pr did look good though.
 
Posted by Doniboy on :
 
I'm in at a loss right now, so I hope it bounces. The 8-K seems legit, so I can't find a reason for a drop from here.
 
Posted by 66inxs on :
 
i don't aee any reason either, but we all know the pinks. you have to stay right on top of them
 
Posted by Braindamaged on :
 
Thanks for the early posts on this one. Did buy in at .155 but being a working stiff I was not able to watch it climb all the way. Sold at .26 for a good profit.

Thanks for your DD Stocktrader22 I hope I can help you out sometime with a pick of mine.
 
Posted by Blue Marlin' on :
 
in at .028
 
Posted by Claydough on :
 
You mean .28 right B Marlin? Lets hope this thing rocks tomorrow again after the usual dip following a 100% day.
 
Posted by 6digits on :
 
Heres some tree info.

http://books.google.com/books?vid=LCCNagr09000837&id=fsniLcEwiAsC&pg=PA258&lpg=P A258&ots=QbH86J8zKF&dq=is+submerged+timber+preserved
 
Posted by Peaser on :
 
I'm guessing Monday on the early dip could be a nice entry point here.
 
Posted by 10of13 on :
 
Peaser what are you seeing the dip at? .13?
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
Peaser what are you seeing the dip at? .13?

surely not! [Razz]
 
Posted by Peaser on :
 
Sorry Tex. I was guessing .13 - .14 entry.

Then a nice recovery back above .20-.25 by Tuesday or Wednesday IMO.

Prolly Sell it Wed on a High, then possibe re-entry on Friday at close, or Monday morning.

Just a thought. GLTA.
 
Posted by T e x on :
 
Pease...am kidding...

when I posted about the gap to be filled (perhaps on the other thread) at 12-15...why, you'd a thought I fell out of well, judging from the reaction...
 
Posted by Peaser on :
 
lol, didn't see it.

Thought you mighta been holding this one.
 
Posted by T e x on :
 
nope, like it, though...as plays go...

you can see my take, starting with Wally's question to me...as I say, other thread, I suppose...
 
Posted by Peaser on :
 
I'll check it.

I like this as a play Monday, swing it for a coupla days, but I might not play it due to other one's that currently look promising to me, we'll see. Gotta make up my mind by Monday.
 
Posted by 10of13 on :
 
Thanks Peaser...

I had a buy in earlier...before the "big dip...but it never took...I wasn't real sure that it would go back down that low...

Tex...the "chart junk" is helping a little...kinda funny how everyone has different ways of reading them...so now I need to see which is easiest for me...thanks...
 
Posted by ruskin_muskin on :
 
Tex.. what is Chart Junk???? have no clue about that term!!!
 
Posted by T e x on :
 
"Tex...the "chart junk" is helping a little...kinda funny how everyone has different ways of reading them...so now I need to see which is easiest for me...thanks..."

here's the thang about the thang...as graphs, they are visual aids...only. No different really from "visual aids" shown in school...

you may respond to a certain visual aid (indicator) much differently than another. The "trick" is to find those that make sense to you... the reason I place in quotes? It's really no trick, at all: backtesting.

see if this helps. 1) pick a coupla good trades you made

2) use stockcharts, opening at least two different windows (this assumes you are "free user," not a subscriber; subscribers get more indicators per chart

3) look at [1], with different indicators

4) note (not "notice" -- make notes ) which indicators "make sense" in light of your good judgment

Repeat with a coupla "bad trades"
****
btw, backfilling a gap has little or nothing to do with charts per se, beyond being able to recognize them. Can do the same thing with stockwatch.com, simple math in a table array
 
Posted by ruskin_muskin on :
 
OK just to add to Tex.. get familiar with terms such as cup and handle, golden cross, so on and so forth.. would help you a tonne to make quick money.. heck if you knew the term last week, ssvg would have made you 50-80% money [Smile]
 
Posted by T e x on :
 
ruskin?

when I need sumpin outta you? I'll squeeze your neck...
 
Posted by ruskin_muskin on :
 
quote:
Originally posted by T e x:
ruskin?

when I need sumpin outta you? I'll squeeze your neck...

lollllllllllllllll [Big Grin] [Big Grin] [Big Grin] [Big Grin] [Big Grin]
 
Posted by Purl Gurl on :
 
"when I need sumpin outta you? I'll squeeze your neck..."

* grins *
 
Posted by Peaser on :
 
Like takin' a needle to a hemeroid.
 
Posted by wallymac on :
 
TEX,

Yesterday when you talked about filling the gap I was thinking about the one from the morning, I forgot about the first one. Do you think going to .14 today was close enough or will they bring it back down on Monday to the 12.5-13 area and let it go from there.

Just your best guesstimate.

Thanks
Wally
 
Posted by T e x on :
 
techincally? 13.5 yet to be filled...

as far I've seen...

however, that 13.5 was Simon's "precise point" call... my general call was filling a gap at 12-15...

me personally? I'd rather see it see touch 132 or even high 12s...

point being...it almost had to close in this range in order to really move forward...

will it now go north?

who knows...but we're certainly close to eliminating one variable
 
Posted by 10of13 on :
 
quote:
Originally posted by T e x:
10 of Detail...what you want, babeee...? only yesterday you were perplexed about gaps being filled ????

You were showing me perfectly! "Filling the gaps" was one I didn't get...

What do I want? That is a loaded question...Thanks again...you are a wonderful!
 
Posted by Dustoff 1 on :
 
open? may be a learning expieriance..
 
Posted by Dustoff 1 on :
 
See that bid jump over the ask? Then ask jumped .04 to .74
 
Posted by Dustoff 1 on :
 
.78 then downdraft now at .72
 
Posted by RagingBull on :
 
ok soooo whats your point
 
Posted by Dustoff 1 on :
 
out at .77 on second position from late yesterday
09:36:12 hrs.
 
Posted by Dustoff 1 on :
 
This stock is wild! .83 now...Fun trading the stock..
But I am done!
 
Posted by Dustoff 1 on :
 
.89 went thru..
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by RagingBull:
ok soooo whats your point

-------------------------------------------------
Point? when ever the bid jumps over the ask, pay attention...I came out at .77 because I wanted to stick to my plan..I am sure there is a lot of shoulda woulda going on..
 
Posted by Dustoff 1 on :
 
just a mark for referance..

Ask .965
Bid .96
Last.965

might be helpful later on, on another situation like this..Gotta love a penny run..

last.986 now
 
Posted by RagingBull on :
 
i got out at .78 lol i didnt follow this one from day one so i took my profit here , good decipline dust
 
Posted by Dustoff 1 on :
 
1.02 after minor pull back.
 
Posted by Peaser on :
 
geez, I'm getting tempted. lol

How high is this gonna go.

Fun to watch.
 
Posted by Dustoff 1 on :
 
Ragingbull, this one has to be studied for future referance..Just maybe we can get a handle on the whole picture of why these things run like this..
1.035 now
 
Posted by Peaser on :
 
Why are people talking about $15/share with this?

I haven't been following the news on it.
 
Posted by Dustoff 1 on :
 
Factor?
Dow +167.29
Nasdaq +27.66
S&P +20.54
 
Posted by RagingBull on :
 
i think if stays in the dolllar range for the rest of the day it will be a good indicator in its favor
 
Posted by Dustoff 1 on :
 
When we post, might put the last, bid, or ask, for comparisan purpose's..
1.09 now

Might drive up to the Lake for some trout fishing....Peaser, if ya have time ya might keep it up dated on price movement...Would stay but been couped up to long..LOL
 
Posted by Peaser on :
 
1.10 wall
 
Posted by Peaser on :
 
In at 1.05
 
Posted by Dustoff 1 on :
 
1.16 NOW.
 
Posted by Peaser on :
 
1.15 x 1.16
 
Posted by Peaser on :
 
Up $300 so far at 1.15. Nice. People are holdin' it.
 
Posted by Peaser on :
 
Is $2.00 out of the question today, the way it's running? Geez. This is an amazing low float run.
 
Posted by Peaser on :
 
Next bounce 1.16ish?
 
Posted by Dustoff 1 on :
 
Peas, I am just plan dumbfounded...I have no anwser at this time..This run has to be seriously studied...

last 1.17 coming off high of 1.22
 
Posted by Peaser on :
 
Gonna bounce 1.16
 
Posted by Dustoff 1 on :
 
1.25 now
 
Posted by Peaser on :
 
It drops about .05 - .07 from each high so far it appears for a bounce.
 
Posted by Dustoff 1 on :
 
last 1.285
 
Posted by Peaser on :
 
Hope ya got in for the ride.

Hopefully someone on micro's PM's me what all the hoopla is about.

I heard something of $15/share but I have no idea what it means.
 
Posted by Peaser on :
 
Here's what the deal is apparently:

quote:
Originally posted by Jmoove:
Repo, the $15 val of shares is based on the 8K merger agreement. Calls to the CEO have been confirmed as a trading price of $15 will be established by/on 15 days after the date of closing, July 28-Aug 1. I was very speculative of this but, im almost a believer now. The 8K says it all.


 
Posted by Dustoff 1 on :
 
going fishing peas, good luck to all..This just to paiful to watch!!! LOL
 
Posted by Peaser on :
 
1.43 bounce?
 
Posted by RagingBull on :
 
dust forget the fishes ,chase this one lol
 
Posted by Peaser on :
 
Have a nice time D, glad you can get out and enjoy yourself.

Bounced at 1.43.

$2.00+ today might be a low guess. Geez.

Anyone have any Ritalin?
 
Posted by Peaser on :
 
Let's see if 1.60 comes on this next climb.
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
Hope ya got in for the ride.

Hopefully someone on micro's PM's me what all the hoopla is about.

I heard something of $15/share but I have no idea what it means.

Peaser...have you looked at the sec filings for FHAL and CSVU? Looks like $15 bucks at least...it's not a PR...It's filed..i think the only way out of this one is if the CEO leaves the country..LOL

I don't know if the 15 will come to be...but I am riding this one up as high as I can! LOL

NO R/S, the company is buying up shares..has been for the past week or so...

I'm not stayin' for the symbol change...but I'm here for a few more days!
the change will take place in about 10 more days!

Flippin' beautiiful!
 
Posted by Peaser on :
 
1.35ish bounce?
 
Posted by Peaser on :
 
Nice, thanks 10!

I'll stick around holding this for a few days as well.
 
Posted by T e x on :
 
just got here...wild times, eh? NITE jumpin' around...
 
Posted by Peaser on :
 
Bounced 1.35

Now that the panic sellers have departed, lets get through that 1.60!

1.55 HOD so far.

Looks like a bullish penant forming like yesterday after the HOD.
 
Posted by 10of13 on :
 
Peaser...is it possible to figure out some sort of "support" when it goes up so fast like this? if it is possible...what do you see the support at?

I'd rather not see that support...i'd rather just keep the upward climb!!! LOL!
 
Posted by ruskin_muskin on :
 
quote:
Originally posted by 10of13:
Peaser...is it possible to figure out some sort of "support" when it goes up so fast like this? if it is possible...what do you see the support at?

I'd rather not see that support...i'd rather just keep the upward climb!!! LOL!

10, fibonaccis might help.. but for a stock with no accumulation pattern at all like this one, even those are extremely inaccurate.
 
Posted by T e x on :
 
"is it possible to figure out some sort of "support" when it goes up so fast like this? "

L2s not that much help, either...
 
Posted by T e x on :
 
"is it possible to figure out some sort of "support" when it goes up so fast like this? "

L2s not that much help, either...
 
Posted by Peaser on :
 
quote:
Originally posted by 10of13:
Peaser...is it possible to figure out some sort of "support" when it goes up so fast like this? if it is possible...what do you see the support at?

I'd rather not see that support...i'd rather just keep the upward climb!!! LOL!

Well, here's where your penants can come in handy that we spoke about on the XKEM run last month. Other than that, I have no clue on this one.
 
Posted by Peaser on :
 
1.25ish needs to hold here IMO.
 
Posted by Peaser on :
 
Might bounce in the low 1.20's.

MACD pointed straight down, should turn up shortly IMO, not sure how long though. be careful.
 
Posted by 10of13 on :
 
Thanks Ruskin, Tex and peaser...i am getting the feeling there is no way to "figure" it...but looks like a guessing game...LOL....
it didn't hold...SHEET!!!!!
 
Posted by T e x on :
 
if I *had* to guess, I'd say right around here...1.19ish...
 
Posted by T e x on :
 
lol, already wrong
 
Posted by 10of13 on :
 
fallin' too fast....
 
Posted by Peaser on :
 
Trying to bounce at 1.12.
 
Posted by T e x on :
 
looks like
 
Posted by Peaser on :
 
What a powerful shake that was from 1.55!!

Bounced 1.12, that may be the bottom of the penant.
 
Posted by ruskin_muskin on :
 
note 1.125 down!
 
Posted by 10of13 on :
 
Was that a fake shake? Just seems that most were buys but it kept going down...but maybe it was just fallin' too hard...
 
Posted by T e x on :
 
momentum players...may not even know "the play"
 
Posted by Peaser on :
 
1.05 some support.
 
Posted by Peaser on :
 
I'm tempted to buy again. lol
 
Posted by Peaser on :
 
1.08 bounce looks for real this time.
 
Posted by 10of13 on :
 
I sold some at 1.35...I think I'm grabbin more...
 
Posted by Peaser on :
 
10, do you know the share structure?
 
Posted by 10of13 on :
 
let me check...they have been "buying shares back...
 
Posted by Peaser on :
 
And back up 1.195 x 1.20
 
Posted by Peaser on :
 
1.24 x 1.25
 
Posted by 10of13 on :
 
This is according to the last phone call...

P Rowds
Member


Member Rated:
posted July 19, 2006 10:23 AM
--------------------------------------------------------------------------------
I just talked to Ben Stanley because Rufus didn't answer. He said that right now the book value of CVSU and FHAL is 7.1 something (what was listed in the PR...) and he said when symbol changes the standard multiplier is 3...? I asked a little bit on it and he said, thats just the way it is. It is 3 times the book value. so he just told me that it should open at 21...? haha, this is ridiculous. he wasn't sure as of what the float is right now but he said it was 13mil. He doesn't expect much dilution because they already implemented a "buy-back" program...

--------------------
 
Posted by 10of13 on :
 
Dang it...here we go again...LOL!
 
Posted by Peaser on :
 
Nice! Thanks 10 of wonders!
 
Posted by Free Muney on :
 
when does the conversion to cvsu stock happen? will there be a reverse split to average up to current cvsu stock price?
 
Posted by 10of13 on :
 
Peaser...the way i understood it is that this merger is suppose to assist them in going to the nasdaq for trading...??/!!!
 
Posted by Peaser on :
 
No R/S from what I have heard.

They don't need one with such a low float + O/S.
 
Posted by Peaser on :
 
From pinksheet to Nasdaq, wow.
 
Posted by 10of13 on :
 
quote:
Originally posted by Free Muney:
when does the conversion to cvsu stock happen? will there be a reverse split to average up to current cvsu stock price?

it's all in the 8k...and not R/S..the company is suppose to be buying back the shares as we speak..and then they will be "values at the higher amount once the ticker starts trading on August 1st..or what ever the date is...

If this is a pump and dump..not sure how it is going to work! since it was in a filing..not a PR...
 
Posted by Peaser on :
 
Around 1pm EST looks to be the end of tis penant IMO.
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
From pinksheet to Nasdaq, wow.

I am confused by it...but FHAL is not a pink...so perhaps that is the catch? don't know...
 
Posted by Peaser on :
 
quote:
Originally posted by Peaser:
Around 1pm EST looks to be the end of tis penant IMO.

Well, okay. lol. How does now sound for the end of the penant. [Big Grin]

j/k 1pm it is IMO.
 
Posted by 10of13 on :
 
1-317-213-7700 ben stanley

there's the number if anyone wants to call and see what the deal is...
Tex...you're good at that...LOL..
 
Posted by 10of13 on :
 
now sounds better...!!!
Did you grab more?
 
Posted by Peaser on :
 
Needs to hold above 1.10 after 1pm IMO.

Got plenty now 10. [Big Grin]

After lunch breakout anyone?
 
Posted by 10of13 on :
 
Yeah...let's break out...again....!!!
And keep goin'...I just want $2...and I will be more than happy! (too greedy?)
 
Posted by 10of13 on :
 
Latest phone call...

cassity
Member


Member Rated:
posted July 19, 2006 12:55 PM
--------------------------------------------------------------------------------
O.K just talked to Ben: I asked him about the $15 pps, he stated the way it will work is, they are going to release PR's for the 10k and the share buyback program. Yes they are still buying shares at this time and want the entire float. Sounds like share buyback is very similar to share buyout(JMO). He said it IS a good idea to request hard copies of your shares for share buyback, so they know who the shareholders are! I asked him if he had any estimates on the current float and he said to look at the share sizes, getting very low(his words)! Press releases will be very soon in his exact words. I asked if the pps was at $5 before ticker change and it goes to $15 after ticker change do we get the $10 difference. He said that it would be explained in the buyback PR. Sorry if this is so choppy, but I'm STOKED! Do not buy on my phone calls or DD.(disclaimer)Call him yourself.
--------------------------------------------------------------------------------
. [Big Grin] [Wink]
 
Posted by Newbie7 on :
 
Jump on boat!
Although a bit too late because my funds had to clear..
Is Rufus going to be on radio again?
 
Posted by 10of13 on :
 
I have no idea...
 
Posted by Peaser on :
 
Get ready, Get set......................
 
Posted by 10of13 on :
 
Wave the damn flag and shoot the gun....LET's GOOOO!!!!
 
Posted by Peaser on :
 
Great job 10.
 
Posted by Peaser on :
 
Dippin'?
 
Posted by 10of13 on :
 
umm...yeah...next pennant? I am going to say .90 is support...(and yes i am pullin' out of my A$$)
 
Posted by Newbie7 on :
 
Why are people selling at an 8k that has a book value of over $7?

Do you think it's the people who bought on Monday is trying to press down to price that they can buy tomorrow?
 
Posted by 10of13 on :
 
Newbie..as Tex said...momo...is what made it move...and now they got out...they probably didn't even know the story of the merger..jumped in made bank...got out...and now we go back down and continue to "wait..."
 
Posted by 66inxs on :
 
yep this turned from a rocket into a supertanker. maybe it will rebound ???
 
Posted by Peaser on :
 
Bounce at .86
 
Posted by Peaser on :
 
That was an evil, just evil shake there.
 
Posted by 10of13 on :
 
LOL...I am going to cry...at least these are all" free shares" but that profit thing is killin' me....whaaa whaaa!!!

OH well...still hangin' for a few days...BLASTARDS!...LOL
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
That was an evil, just evil shake there.

and what the one from 1.55 was nothin'? LOL
 
Posted by ruskin_muskin on :
 
lol.. tough call.. glad i am not in it.. otherwise i would have pooped buying at 1.5 and now price at 0.88.
 
Posted by Newbie7 on :
 
This is not like NDOL.
The numbers of the 8k should push it back up sooner or later..
 
Posted by Peaser on :
 
I think so too Newbie.
 
Posted by Peaser on :
 
MM's just stole a bunch of shares IMO.
 
Posted by 10of13 on :
 
I'm turning this off...I said i was holding for a few days...and I am...if i watch i will sell...I'll check in later..GLTA!

Peaser...hang in there... [Wink]
 
Posted by Newbie7 on :
 
Time to BUY!
 
Posted by Peaser on :
 
Get back through 1.10 and we're off again IMO.

1 step at a time though. First resistance at 1.05 here.
 
Posted by Newbie7 on :
 
Looks like a battle between the MMs.
But the key is the 8k
 
Posted by Peaser on :
 
Hmmm, MM's maybe trying to cover short positions?

Who knows?

Hovering around 1.00
 
Posted by Peaser on :
 
Bounce at .90.
 
Posted by Newbie7 on :
 
Are they trying to protect the $1 territory?
 
Posted by Peaser on :
 
Needs to get back above .95 - .98 area.
 
Posted by Peaser on :
 
quote:
Originally posted by Newbie7:
Are they trying to protect the $1 territory?

I think that the MM's are panicking, possibly tring to cover short positions.

Could be a short squeeze in the mix.
 
Posted by Peaser on :
 
We're at a crossroads right here on the chart

.93 x .931

We need this to go up here.
 
Posted by Peaser on :
 
Ok, I think we're in the clear here. We broke out finally. Took long enough. Geepers.
 
Posted by Peaser on :
 
Upticking

.95 x .96
 
Posted by Peaser on :
 
.97 x .98
 
Posted by Peaser on :
 
1.01 x 1.02

Moving pretty quickly again, kinda like this morning.
 
Posted by T e x on :
 
quote:
Originally posted by Peaser:
quote:
Originally posted by Newbie7:
Are they trying to protect the $1 territory?

I think that the MM's are panicking, possibly tring to cover short positions.

Could be a short squeeze in the mix.

this may sound crazy....but what if it's simply folks buying and selling? [Eek!]
 
Posted by Peaser on :
 
It's possible, but I doubt it.

The float is so small, and the MM's are the only one's that can legally naked short.

The only problem with Naked shorting in their case now is, well, now they know that they have to cover due to the SEC form 8K filed the other day.
 
Posted by Peaser on :
 
1.02 x 1.03
 
Posted by Peaser on :
 
1.04 x 1.05

1.05 going.
 
Posted by Peaser on :
 
1.155 x 1.155
 
Posted by T e x on :
 
lol, lottsa action...
 
Posted by Peaser on :
 
1.06 x 1.08

Might bounce at 1.06
 
Posted by Peaser on :
 
Bounced 1.06

1.12 x 1.13
 
Posted by Peaser on :
 
1.08 x 1.09

Very spastic movements now.
 
Posted by Peaser on :
 
Might be getting ready to make a run at 1.15 again

1.10 stacking a little on the bid.
 
Posted by Peaser on :
 
1.12's stacking

1.12 x 1.13
 
Posted by Peaser on :
 
1.15 resistance say buh-bye!

Might be going out with a bang today it appears.

1.18 x 1.19

My guess is that we close near/at the HOD today.
(1.80ish maybe, just a guess, that is if this mornings run is duplicated in the final two hours of trading today)

The dips in between the new peaks are very similar to this morning.
 
Posted by Hannibull on :
 
did I just see the ask go to 0.79 ?
 
Posted by Peaser on :
 
1.24 x 1.25
 
Posted by Peaser on :
 
Yup Hannibal on the ask, then a 1.04. Wierd.

Dusty will have fun reading back through this thread when he gets home later. lol

The retracements now are a little less drastic than this mornings.
 
Posted by Peaser on :
 
1.10 x 1.11
 
Posted by Peaser on :
 
1.13 x 1.14
 
Posted by GreenDay on :
 
Hey Peaser - wutcha doin over here? The FHAL thread is really active over at under .10 board
 
Posted by 10of13 on :
 
Hey Peaser...
The CEO said that he would be buying back shares on the bid...look at ARCA and the large amounts...on the bid...Could be Rufus(CEO)? Trying to watch for him...my guess would be when you see those large orders...on the bid it's them...and then it goes up...maybe not...
 
Posted by Peaser on :
 
1.25 next resistance.
 
Posted by Peaser on :
 
quote:
Originally posted by GreenDay:
Hey Peaser - wutcha doin over here? The FHAL thread is really active over at under .10 board

Trying to document this run for study + comparison later. Then we might know what to look for with future stocks.

The final hour of trading today might be fun!

1.195 x 1.20

bid stacked at 1.19 x 5
 
Posted by GreenDay on :
 
Ok - I thought you were being antisocial. Happy studying!
 
Posted by Peaser on :
 
1.195 x 1.21
 
Posted by 10of13 on :
 
This whole time ARCA seems to be sitting at 1.25 on the ask side...never really movin'...but he is jumpin' all over on the bid side with large buys..right now he's at 1.01..with 50..let's see if it goes that low...
 
Posted by RagingBull on :
 
niceeeeee very very healthy pullback this will continue going up til next week
 
Posted by T e x on :
 
the more notes re MM positions, the better, imo...
 
Posted by 10of13 on :
 
ARCA now moved to 1.05 bid and 1.10 ask
seems to be "playin" now...instead of buying on the bid...most of the day....he was not on the ask much...but often on the bid with large #
 
Posted by 10of13 on :
 
lookin' at the L2's...most MM's with large orders of 25 or more are on the bid side under $1.00
 
Posted by 10of13 on :
 
arca back on the bid w/50 at 1.05
 
Posted by Peaser on :
 
Not looking like I'll get my near HOD close.

Oh well, It's shaping up like yesterday.

Tomorrow might be good as well.
 
Posted by Peaser on :
 
MM's stacked at .90
 
Posted by 10of13 on :
 
Notice all MM's are at 25...instead of the 5 on bid? all under $1
 
Posted by 10of13 on :
 
keepin' at $1.00ish
 
Posted by Dustoff 1 on :
 
Back from the resevoir...Looking good here on sequence of trading for referance..Ad other thread -.10 thread for research and it will be another piece to the puzzle..

We can go back thru PR reactions, perceptions of traders, known and unknown info based on speculation and internet discourse..

Compare Charts with events of stocks of similar comparison...Compare attitude and quality of posters..

Many of you are thinking the same as me..Lets find the next one, and maximize our profits by concidering a longer hold, as well as swing positions..Plenty to work on..Lets try and get it right..
 
Posted by Peaser on :
 
http://biz.yahoo.com/prnews/060719/clw531.html?.v=25

Conversion Solutions, Inc. Addresses The Shareholders
Wednesday July 19, 4:14 pm ET


KENNESAW, Ga., July 19 /PRNewswire-FirstCall/ -- Conversion Solutions, Inc. (OTC Pink Sheets: CVSU.PK - News), (OTC Bulletin Board: FHAL - News), a Delaware Corporation.

First of all we would like to welcome the FHAL shareholder base (new and old) to the CVSU family of corporations. As we proceed forward and as contact numbers are released to the public of CVSU department heads, please feel free to contact our officers with any questions that you may have; to include employment opportunities. This is a very exciting venture and the best place to be in any successful situation is always the on-set.

We would also like to thank the CVSU shareholder base; our success is because of every single one of you. We have received a lot of calls concerning the merger details filed in the 8-k with the SEC. The main question is always concerning Section 2.6, AVERAGE CLOSING PRICE ADJUSTMENT. Hopefully the following breakdown will suffice;

The FrontHall Group, Inc. (OTC Bulletin Board: FHAL - News) acquired Conversion Solutions, Inc. (OTC Pink Sheets: CVSU.PK - News) through a merger agreement (reorganization).

The merger agreement filed in the form of an 8-K with the Security Exchange Commission (SEC).

The share conversion upon the 10KSB filing (Audited Financial) will be a 1 for 1 ration. Each shareholder of CVSU will receive one share of FHAL.

Upon the S-4 registration of the CVSU shares received through the merger agreement, the company will have 3 options at hand.

1.) If the Market Closing Price on the Completion date exceeds $15.00 (Fifteen) USD the Surviving Holdings Corporation (OTC Bulletin Board: CVSU - News) may option to maintain that days Market Closing Price.

2.) To pay each shareholder that options out an amount in cash equal to $15.00 minus the Actual Average Closing Price.

3.) Set the Average Closing Price at $15.00 and pays no additional consideration to any shareholders.

About Conversion Solutions, Inc

CVSU is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CVSU's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CVSU is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.


Current Joint Venture Corporations
American International Smart Structure
Brittenum Brothers Entertainment, Inc.
Rocky Road Records, Inc.
Seko Management Inc.
Consolidated Mastering, Inc.

Current wholly owned CVSU Subsidiaries
Tserof Holdings Inc
CVSU Coffee Shop
Equine Solutions, Inc
Stargate Productions, Inc.

Current Waatle Merger Subsidiaries
Live Mortgage Free
Federal Chamber of Commerce
Center State Beverage
LotteryFever
InfinityOne, Inc
Amruss Group, LLC
LoanShoppers.com


--------------------------------------------------------------------------------
Source: Conversion Solutions, Inc.
 
Posted by Peaser on :
 
Any thoughts on where this goes tomorrow after today's after hours PR?
 
Posted by 10of13 on :
 
Peaser, Tex..Dust...anyone...

OK...this statement is "confusing"

The share conversion upon the 10KSB filing (Audited Financial) will be a 1 for 1 ration. Each shareholder of CVSU will receive one share of FHAL

I am in FHAL...not CVSU...ONLY CVSU share holders will reicieve one share of FHAL for each of the CVSU that they hold? I get nothin'?
 
Posted by Puddy on :
 
I believe all shareholders become CVSU shareholders prior to the 3 option section of 2.6, then a name and symbol change. That's my interpretation...could be wrong.
 
Posted by Peaser on :
 
CVSU is merging under FHAL.OB All CVSU shareholders will recieve 1 for 1 share exchange of CVSU shares for FHAL shares upon completion of merger?

I like how Audited sits in there as if planned.

Got to admit it looks pretty.

Basically, FHAL will issue some shares to CVSU holders is how I see it.

Now, I'll have to go check the 8K to try and match this.

I'm sure Dusty prolly has a good explanation. I wonder if he's around?
 
Posted by Dustoff 1 on :
 
10, it's like a template of so many other releases we have all seen...Bare with me for a moment, worst case scenerio...

These guys have covered so many of the bases of where other pumps have failed..Very sophisticated if you think the worst..

However, whats driving everybody nuts is the what if factor..

I will be posting later a much more comprehensive answer...This is a tuff one!

peaser I'm around scroll back up a bit..LOL
 
Posted by ruskin_muskin on :
 
10.. heres my thought..

The way I understand is, the shares of current shareholders of CVSU (private shareholders) is worth $15. FHAL is worth $1.40. on the 28th, FHAL might be worth $3.5 or say $7. the private shareholders would receive one FHAL share + $7 differential. This way, current CVSU shareholders do not lose anything. crrent FHAL shareholders become shareholders of a larger company, CVSU. this is what is my understanding of the entire scenario. from what I understand, nobody is going to take my $1.46 share on the 28th, and give me differential between $15 and my shares value on the 28th.
am I very happy with that, heck yes. my shares bought at 0.14 have come a long way. IMO we are atleast reaching $7 and thats a 1500% increase of my investment
 
Posted by Peaser on :
 
Possible "loophole" for 10 of confusion:

Who currently owns CVSU(The Company) shares and what is the actual value of these shares?

Who will gain the most from this merger?

Throw somethin' at me if I missed sumpum in the 8K.
 
Posted by 10of13 on :
 
Thanks ruskin...after i read more into the 8K...
I am seeing it...first they merge..."then we are CVSU"..then after the merger...we "get" the difference"

The PR stated that CSVU share holders got the difference...that is where I got confused...

still lookin' for the loop whole though...lookin' forward to your thoughts Dustoff....
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
Possible "loophole" for 10 of confusion:

Who currently owns CVSU(The Company) shares and what is the actual value of these shares?

Who will gain the most from this merger?

Throw somethin' at me if I missed sumpum in the 8K.

that is another concern...this CSVU...doesn' trade...will CSVU merge with FHAL and come out as CSVU and be able to "trade"? or will FHAL be swollowed and not even traded? So "i may own shares in CSVU" but who cares...because I can't even trade them anyways...?
 
Posted by Peaser on :
 
quote:
Originally posted by Peaser:
Possible "loophole" for 10 of confusion:

Who currently owns CVSU(The Company) shares and what is the actual value of these shares?

Who will gain the most from this merger?

Throw somethin' at me if I missed sumpum in the 8K.

Please note that "Company" refers to CVSU and "Buyer" refers to FHAL.

After the Effective Time, each holder of Company Shares issued and outstanding at the Effective Time (other than any of such shares held by the Buyer or any Affiliate thereof or canceled pursuant to Section 2.2(c) or (d) shall surrender the certificate or certificates representing such shares to the Exchange Agent and upon surrender thereof and completion of all required allocation procedures contained in this ARTICLE II receive in exchange therefore the number of shares of the Buyer's Stock to which such holder is entitled hereunder. The Surviving Holdings Company, or the Exchange Agent, as applicable, shall not be obligated to deliver any of such payments in stock until such holder surrenders the certificate(s) representing such holder's Company Shares. The certificate(s) so surrendered shall be duly endorsed as the Exchange Agent may require. Any other provision of this Agreement notwithstanding, neither the Buyer nor the Exchange Agent shall be liable to any holder of Company Shares for any amounts paid or properly delivered in good faith to a public official pursuant to any applicable abandoned property Law.

So what does the bold section mean?
 
Posted by Buford Baucom on :
 
Hi Mr. Peaser,

It is very nice to meet you once again.

BB
 
Posted by Dustoff 1 on :
 
The product: Salvaged logs from rivers and tributaries of the Amazon..

Hardwoods that have great value...
A mechanism for recovery and transport..

This alone is a very good high stakes venture, as ventures go...Don't have to have a rock in Science to understand the buisness..It is not High tech..

Looking for other companies doing or proposing same, which are already established and far less in contrariety may be wise..

I get a sense of sophistication of intent...Intent to sell stock...Raising funds by CVSU?
The buying up of the float, by the company?
The "Audit"?
Filing with the SEC, is no expedition into Graffiti..There are penalties...
Pumping machines in High gear accross the net..
We also have to take into consideration the gambling habits of many differant groups..
Hong Kong loves to gamble..As do far to many Americans...We have to admit to ourselves that this stock can be intoxicating when running..

A high with Victory! A low with defeat...
The Human elements run high in this stock, making discipline difficult at best..
 
Posted by 10of13 on :
 
Peaser...perhaps that is referring to the "buy backs" that "Rufus" is doing now...those will not be included in the share difference...

i think that it is the actual "buying back" of shares that he is doing that is really making this go up...less shares, more demand...higher PPS...I will probably be out before the merger...but I want to understand all of it...for learning...and future..
 
Posted by glassman on :
 
there is an issue here that i don't see people addressing...


the co, CVSU wants the PPS to be 15$ so they don't have to pay out any cash...
also? they need to have the shares to award their shareholders...

as for the reliability factor? i can't say....
 
Posted by Dustoff 1 on :
 
glass, exactly, look above a few.
The SEC filings could be a sledge hammer in court..Very confusing to the average person if not even the pro's.

So,, the obvious thought is, would they take such a chance?
 
Posted by 10of13 on :
 
OK..theory...Rufus "said" no r/s..but according to the 8K he has that option...

What is stopping him from buying up a large portion of the float right now..and then doing a r/s to get the PPS up to the near $15?


From the 8k

Paragraph (c)

2.3 MERGER CONSIDERATION.

(a) Subject to Sections 2.2, 2.4, 2.5, 2.6 and 2.8 , at the Effective Time, the holders of Company Shares outstanding at the Effective Time, other than the Buyer and its Affiliates, shall be entitled to receive, and the Buyer shall issue and deliver, for each Company Share held by such Person: (i) 1.0 share of the Buyer's stock or

(b) No fractional shares of the Buyer's Stock shall be issued or delivered in connection with the Merger. Instead, the number of shares of the Buyer's Stock to which a holder of the Company Shares is entitled to receive pursuant to this Article II shall be rounded to the nearest whole share (with 0.5 share rounded up to the nearest whole share).

(c) In the event the Buyer changes the number of shares of the Buyer's Stock issued and outstanding prior to the Effective Time as a result of a stock split, stock dividend or other distribution payable in Buyer's Stock or securities convertible into Buyer's Stock or similar recapitalization with respect to such stock or effects a reclassification, combination or other change with respect to Buyer's Stock (each a "Stock Adjustment" ) and the record date therefore (in the case of a stock dividend) or the effective date thereof (in the case of a stock split or similar recapitalization, reclassification or combination for which a record date is not established) shall be prior to the Effective Time.
 
Posted by Peaser on :
 
Hmm, a possibility 10.
 
Posted by Newbie7 on :
 
But is this the reason that Rufus would want to buybsck as much shares as possible to push the price as close to $15 as possible?

That way he won't have to pay CSVU the premium for their shares.
 
Posted by Peaser on :
 
Check out the last sentence:


2.6 AVERAGE CLOSING PRICE ADJUSTMENT.

In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; (b) set the Average Closing Price at $15.00 and pay the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ) an amount in cash equal to $15.00 minus the Actual Average Closing Price per share of Buyer's Stock to be received by such holders of Company Shares; or (c) set the Average Closing Price at $15.00 and pay no additional consideration to the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ). In the event that the Buyer elects option (c) described above, the Company may terminate this Agreement by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.


Could this rule out a R/S possibly, or possibly rule out the deal entirely?

Or it could mean a R/S for a higher value than $15.00 to make the deal look attractive, thus the company would not re-nig.
 
Posted by 10of13 on :
 
quote:
Originally posted by Newbie7:
But is this the reason that Rufus would want to buybsck as much shares as possible to push the price as close to $15 as possible?

That way he won't have to pay CSVU the premium for their shares.

Right..buy back...moves the PPS up..then do a r/s...and bingo...awfully close to the $15.00...ARGH!!!!
 
Posted by 10of13 on :
 
Peaser..not quite sure...
 
Posted by Livinonklendathu on :
 
10, you stealing my material? [Razz]
 
Posted by Peaser on :
 
I edited my previous post.
 
Posted by portman on :
 
I am coming into this thread late. Who is buyer and who is seller in the merger?

Once I get back from the pool and the kids are in bed the merger lawyer and I will look it all over.
 
Posted by Livinonklendathu on :
 
From the under a dime thread, Peaser, Dust see if you agree or not if you have a minute:

Ok, I think I finally got this figured out - this is all C/P from the 8K:

THIS MERGER AGREEMENT (this "Agreement" ), dated as of the 8th day of July, 2006, is by and among:

FRONTHAUL GROUP INC., a Delaware corporation (the "Buyer" ); and

Conversion Solutions, Inc., a Delaware corporation and a holding company (the "Company" ).

FHAL and CVSU intend to file an S-4 registration statement / prospectus in connection with the proposed Merger for the registration of the CVSU share pursuant to the Merger agreement.


2.2 COMPANY SHARES.

(a) Each share of the Company's capital stock (the " Company Shares " ), par value $0.001 per share, issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holders thereof, be canceled and converted at the Effective Time into the right to receive the Merger Consideration (as defined below) in accordance with this ARTICLE II.

(b) Each Company Share , by virtue of the Merger and without any action on the part of the holder thereof, shall at the Effective Time no longer be outstanding, shall be canceled and retired and shall cease to exist, and each holder of certificates representing any such Company Shares shall thereafter cease to have any rights with respect to such shares, except for the right to receive the Merger Consideration.

(c) Notwithstanding anything contained in this Section 2.2 to the contrary, any Company Shares held in the treasury of the Company immediately prior to the Effective Time shall be canceled without any conversion thereof, and no payment shall be made with respect thereto.

(d) From and after the Effective Time of the Merger, there shall be no transfers on the stock transfer books of the Surviving Holding Company of Company Shares that were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates representing Company Shares are presented to the Surviving Holding Company, they shall be canceled, and exchanged for the Merger Consideration as provided for herein.

2.3 MERGER CONSIDERATION.

(a) Subject to Sections 2.2, 2.4, 2.5, 2.6 and 2.8 , at the Effective Time, the holders of Company Shares outstanding at the Effective Time, other than the Buyer and its Affiliates, shall be entitled to receive, and the Buyer shall issue and deliver, for each Company Share held by such Person: (i) 1.0 share of the Buyer's stock or

(b) No fractional shares of the Buyer's Stock shall be issued or delivered in connection with the Merger. Instead, the number of shares of the Buyer's Stock to which a holder of the Company Shares is entitled to receive pursuant to this Article II shall be rounded to the nearest whole share (with 0.5 share rounded up to the nearest whole share).

(c) In the event the Buyer changes the number of shares of the Buyer's Stock issued and outstanding prior to the Effective Time as a result of a stock split, stock dividend or other distribution payable in Buyer's Stock or securities convertible into Buyer's Stock or similar recapitalization with respect to such stock or effects a reclassification, combination or other change with respect to Buyer's Stock (each a "Stock Adjustment" ) and the record date therefore (in the case of a stock dividend) or the effective date thereof (in the case of a stock split or similar recapitalization, reclassification or combination for which a record date is not established) shall be prior to the Effective Time.


--------------------------------------------------------------------------------


It sounds as though the old CVSU shares are the only ones being offered per the S4 and if so entitled to the options.
 
Posted by 10of13 on :
 
quote:
Originally posted by Livinonklendathu:
10, you stealing my material? [Razz]

..LOL,..trying to take all info...from threads and 8k and combine...comin' up with what you are thinking as well...
Also peaser...

ARTICLE IX

TERMINATION

9.1 TERMINATION. The obligations of the parties hereunder may be terminated and the transactions contemplated hereby abandoned at any time prior to the Closing Date:

Looks like there is no time frame to cancel any of it...
 
Posted by Peaser on :
 
That is what I get as well Livin.
 
Posted by 10of13 on :
 
Peaser..livinon...anyone...is there a time frame that a company MUST infom the shareholders of a R/S?
 
Posted by Peaser on :
 
quote:
Originally posted by Buford Baucom:
Hi Mr. Peaser,

It is very nice to meet you once again.

BB

Hello Mr. BB,

Where have we met before?

I see that you have met a number of us before.

Might you be an alias of a formerly banned member?
 
Posted by Peaser on :
 
Here ya go 10:

http://www.otcbb.com/aboutOTCBB/secrules.stm

10B-17 I think.
 
Posted by 10of13 on :
 
Livon...
the way that is sounds...although this was my concern also...but...

First the merger...FHAL will "join" CVSU and in that merger CVSU share holders will get 1 of FHAL's stock for each of their curent CVSU..and then all stock will be "turned" into CVSU shares...and the "company" and new stock will be called...and traded under CVSU...(old CSVU share holders now have 2 stocks and the old FHAL share holders only have 1 stock of the "new" CSVU)

if on the first closing day of the new stock (we are all now share holders of CSVU...FHAL no longer is) the stock does not close at 15..."we" CSVU shareholders get the difference...
 
Posted by 10of13 on :
 
Gotta get dinner..back later...
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
Peaser, Tex..Dust...anyone...

OK...this statement is "confusing"

The share conversion upon the 10KSB filing (Audited Financial) will be a 1 for 1 ration. Each shareholder of CVSU will receive one share of FHAL

I am in FHAL...not CVSU...ONLY CVSU share holders will reicieve one share of FHAL for each of the CVSU that they hold? I get nothin'?

Looking at it now--so far? I *still* don't see what the "deal" is...
 
Posted by mnvestor on :
 
"1.) If the Market Closing Price on the Completion date exceeds $15.00 (Fifteen) USD the Surviving Holdings Corporation (OTC Bulletin Board: CVSU - News) may option to maintain that days Market Closing Price.

2.) To pay each shareholder that options out an amount in cash equal to $15.00 minus the Actual Average Closing Price.

3.) Set the Average Closing Price at $15.00 and pays no additional consideration to any shareholders"

Directly from PR, notice how before the 3 options it says CVSU.ob, this tells me it is post merger (old CVSU + FHAL) that options apply towards..as far as r/s question, directly from Rufus himself "no r/s"
 
Posted by cassity on :
 
Another thing that Ben said to me today was they are trying to buy ALL the float. Not some, but all. Which he then stated will be explained in a PR about the share BUYBACK. Not today's PR. This is what he said, so TIFWIW.
 
Posted by 10of13 on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by 10of13:
Peaser, Tex..Dust...anyone...

OK...this statement is "confusing"

The share conversion upon the 10KSB filing (Audited Financial) will be a 1 for 1 ration. Each shareholder of CVSU will receive one share of FHAL

I am in FHAL...not CVSU...ONLY CVSU share holders will reicieve one share of FHAL for each of the CVSU that they hold? I get nothin'?

Looking at it now--so far? I *still* don't see what the "deal" is...
Tex..this is now my take...

First the merger...FHAL will "join" CVSU and in that merger CVSU share holders will get 1 of FHAL's stock for each of their curent CVSU..and then all stock will be "turned" into CVSU shares...and the "company" and new stock will be called...and traded under CVSU...(old CSVU share holders now have 2 stocks and the old FHAL share holders only have 1 stock of the "new" CSVU)

if on the first closing day of the new stock (we are all now share holders of CSVU...FHAL no longer is) the stock does not close at 15..."we" CSVU shareholders get the difference...
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
Here ya go 10:

http://www.otcbb.com/aboutOTCBB/secrules.stm

10B-17 I think.

So according to that a R/S is now out of the question...because they have to give 10 days...and the merger would be done by then...

Next loop whole..anyone?
 
Posted by T e x on :
 
10, the way I read it? FHAL is "buying" the company.

FHAL officers are leaving.

CSVU officers remain.

CSVU shareholders get their current shares replaced...and their shares they hold now will be retired.

*stopping there for now--gotta go to the store...*
 
Posted by Livinonklendathu on :
 
10, it's ten calendar days, yes?
 
Posted by 10of13 on :
 
quote:
Originally posted by Livinonklendathu:
10, it's ten calendar days, yes?

Yes...

Given to the National Association of Securities Dealers, Inc., no later than 10 [calendar] days prior to the record date involved or, in case of a rights subscription or other offering if such 10 [calendar] days advance notice is not practical, on or before the record date and in no event later than the effective date of the registration statement to which the offering relates, and such notice includes:

Now the question is..does the 14 days go from the 8th of July or the 12th? the 8k was filed on the 12th and the "agreement" was signed on the 8th...(i Think)...so the Filing said 14 days for the merger...but i am not sure from what date...

and we still have this...

ARTICLE IX

TERMINATION

9.1 TERMINATION. The obligations of the parties hereunder may be terminated and the transactions contemplated hereby abandoned at any time prior to the Closing Date:

Looks like there is no time frame to cancel any of it...
 
Posted by portman on :
 
Whoever wrote 2.3(c) in the 8-k needs shot.
 
Posted by 10of13 on :
 
quote:
Originally posted by portman:
Whoever wrote 2.3(c) in the 8-k needs shot.

LMAO!
 
Posted by Newbie7 on :
 
And it seems that doing a R/S wouldn't really benefit them since the pps will more less drop as much as Rufus splits, which is not what Rufus would want.
It makes much more sense to buyback as much shares as possible to put a squeeze on supply.

$4 at 65 mil is still much better than paying $11 difference at 45 mil.
 
Posted by Buford Baucom on :
 
Hi,

This sounds like a real good stock to buy tomorrow. What would be a good price?

BB
 
Posted by mnvestor on :
 
10, I could not have said it better, well explained and that is exactly how I see it, once again in today PR using cvsu.ob is obviously including both the old CVSU and FHAL shareholders. Once again very well written
 
Posted by cassity on :
 
Hey Tex, I'm not sure if your the Moderator of either of these FHAL boards, but can we somehow move all the info and posts from the under .10 board to this one? Thanks
 
Posted by portman on :
 
Ok, this will take us all night to go over and we can't do that.

There are a couple of things we see.

First look in the definitions for the declaration of the average share price. FHAL is used over 20 days as defined there.

We may have missed it but we see no definition of a closing date other than sometime after audited financials and determined by parties sometime after.

If they alter the shares of FHAL it looks like the "company" then could chose to walk with no penalty. In fact we see little if any penalties in there.

If they buy all the float...you shareholders can't file a class action against the merger. [Wink]
 
Posted by 10of13 on :
 
cassity...I don't think they move threads...you could just put a link...

Aren't you the one that Rufus told..over the phone that the merger was complete? or the purchase of..something like that..?
 
Posted by portman on :
 
quote:
Originally posted by Newbie7:
And it seems that doing a R/S wouldn't really benefit them since the pps will more less drop as much as Rufus splits, which is not what Rufus would want.
It makes much more sense to buyback as much shares as possible to put a squeeze on supply.

$4 at 65 mil is still much better than paying $11 difference at 45 mil.

This sounds like the ticket.
 
Posted by Peaser on :
 
quote:
Originally posted by Buford Baucom:
Hi,

This sounds like a real good stock to buy tomorrow. What would be a good price?

BB

Have you traded before?

If not, try paper trading for 6 months at least to get your feet wet, or else you may lose your shirt. There is much to learn, and paper trading and observing stock movement over time is the best way to do it. I am speaking from experience.

I lost my shirt, then gained it all back. Most folks just give up, but I've never been a quitter in my life and I wasn't gonna start here.

You will not get any buy recomendations here.
 
Posted by 10of13 on :
 
Yes Buford...Peaser's suggestion and comment would be a great idea...
 
Posted by Livinonklendathu on :
 
quote:
Originally posted by mnvestor:
"1.) If the Market Closing Price on the Completion date exceeds $15.00 (Fifteen) USD the Surviving Holdings Corporation (OTC Bulletin Board: CVSU - News) may option to maintain that days Market Closing Price.

2.) To pay each shareholder that options out an amount in cash equal to $15.00 minus the Actual Average Closing Price.

3.) Set the Average Closing Price at $15.00 and pays no additional consideration to any shareholders"

Directly from PR, notice how before the 3 options it says CVSU.ob, this tells me it is post merger (old CVSU + FHAL) that options apply towards..as far as r/s question, directly from Rufus himself "no r/s"

The 2 paragraph's in the PR prior to the ones in your post:


The share conversion upon the 10KSB filing (Audited Financial) will be a 1 for 1 ration. Each shareholder of CVSU will receive one share of FHAL.

Upon the S-4 registration of the CVSU shares received through the merger agreement , the company will have 3 options at hand.


Now, this to me sounds like the shares they are referring to are the now existing CVSU shares that they will receive as of the merger.

A question:

The S4 they will file, does it have to contain all "merger shares" (existing FHAL and CVSU) or can they just register the existing CVSU shares that are received from the merger? That to me is a key of this deal.
 
Posted by cassity on :
 
quote:
Originally posted by 10of13:
cassity...I don't think they move threads...you could just put a link...

Aren't you the one that Rufus told..over the phone that the merger was complete? or the purchase of..something like that..?

Yes, I was refering to one of your questions. You asked me to ask him how things with the merger are going. As soon as I asked he said,"The merger is a done deal, all that's left to do is file our 10k..." He made it crystal clear it was complete and 15 days from the filing of the 8k we would change to a new ticker(CVSU). Just what he told me. [Razz]
 
Posted by Purl Gurl on :
 
Why are none of you asking this question,

"Why would CVSU give away money?"

Purl Gurl
 
Posted by cassity on :
 
Today when I called Ben I specifically asked him if this applied to FHAL, he said yes. Otherwise I would have sold everything I have.
 
Posted by cassity on :
 
quote:
Originally posted by Purl Gurl:
Why are none of you asking this question,

"Why would CVSU give away money?"

Purl Gurl

If the new ticker opens at $15 a share, you still have to trade it, so it wouldn't be giving away money, or am I all screwed up?
 
Posted by Livinonklendathu on :
 
quote:
Originally posted by cassity:
Today when I called Ben I specifically asked him if this applied to FHAL, he said yes. Otherwise I would have sold everything I have.

And he knows that. We are trying to verify this deal so people don't get screwed. Something is not adding up and we are going to find it.
 
Posted by Purl Gurl on :
 
You readers believe you can buy some shares
of FHAL today for 1.20 per share and after
this so called merger, your shares will be
worth 15.00 per share?

* rolls her eyes *

Purl Gurl
 
Posted by cassity on :
 
quote:
Originally posted by Livinonklendathu:
quote:
Originally posted by cassity:
Today when I called Ben I specifically asked him if this applied to FHAL, he said yes. Otherwise I would have sold everything I have.

And he knows that. We are trying to verify this deal so people don't get screwed. Something is not adding up and we are going to find it.
I hope he does, because I don't want to get screwed! I'm just posting what he said.
[Razz]
 
Posted by Peaser on :
 
quote:
Originally posted by Purl Gurl:
You readers believe you can buy some shares
of FHAL today for 1.20 per share and after
this so called merger, your shares will be
worth 15.00 per share?

* rolls her eyes *

Purl Gurl

Nope, just playing where the momentum lays. [Big Grin]
 
Posted by Livinonklendathu on :
 
You readers believe you can buy some shares
of FHAL today for 1.20 per share and after
this so called merger, your shares will be
worth 15.00 per share?

* rolls her eyes *

Purl Gurl


Yes I do - if they R/S it before hand.
 
Posted by T e x on :
 
quote:
Originally posted by cassity:
quote:
Originally posted by Purl Gurl:
Why are none of you asking this question,

"Why would CVSU give away money?"

Purl Gurl

If the new ticker opens at $15 a share, you still have to trade it, so it wouldn't be giving away money, or am I all screwed up?
*why* would it open at any given price?

I *still* don't get where folks are getting the idea that the CEO or "the company" can set prices on the market...
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
Why are none of you asking this question,

"Why would CVSU give away money?"

Purl Gurl

Purl...if CVSU is attempting to go to the bigger boards...wouldn't this be a good way to go about it? "buy" a company alrady filing and on the OTC...and then the next step would be to go bigger? Less time...less steps...and I would assume..less money?
 
Posted by Peaser on :
 
quote:
Originally posted by Danny_K:
quote:
Originally posted by fryyguyy:
Here is one of CVSU's joint ventures and they have government contracts with an estimated worth of $600 million with the F-22 and F-35. Is this included in the $800 million worth of the company(CVSU)? It is AISS on CVSU homepage.

Just a side comment on this: the fact they have a contract for the F22 explains thier location perfectly, Dobins ARB is 10 min from thier office, and this is where they actually BUILD the F22. This would lead me to belive they have actually personel working in Kennesaw apposed to a "virtural office" as a previous poster said. But then again, you never know. Just expressing my thoughts.
Danny mentioned he lives about 15 minutes from CVSU. He was gonna swing by apparently and check it out.
 
Posted by Peaser on :
 
I didn't see anything regarding going to the Nasdaq? FHAL already trades on the Nasdaq OTC Bulletin boards.

Did I miss something? I must have.
 
Posted by Livinonklendathu on :
 
Does anybody know if they have to register all of the merger securities ie: existing CVSU / FHAL on the S4 or can they just register the received CVSU?
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
I didn't see anything regarding going to the Nasdaq? FHAL already trade on the Nasdaq OTC Bulletin boards.

Did I miss something?

I can't remember if it was on that "radio show" or where...but that was my understanding...

so it could be me Peaser...(which would be the likely thing... [Big Grin] )
 
Posted by Peaser on :
 
I haven't done tons of DD on this yet.

Still working on it. Just wonder if there was a PR or something. I saw something mentioned in the 8K about Nasdaq OTC Bulletin board, but maybe I was looking at something other than why folks think it's gonna go to the Nasdaq.
 
Posted by 10of13 on :
 
Really...this thing is giving me a headache...LOL
trying to nit pick it to flippin death...I agree all should be "skeptic"...but for me...I am in this for the next couple of days...to make some bank...and I am out...(I hope)I don't think that I would make it through this merger crap..LOL...
 
Posted by Purl Gurl on :
 
Only reason FHAL is all pumped up into a
speculation bubble, which will burst and
cause a crash, is there are millions of
naive gullible traders out there being
worked over by shrewd seasoned traders.

Purl Gurl
 
Posted by Livinonklendathu on :
 
quote:
Originally posted by 10of13:
Really...this thing is giving me a headache...LOL
trying to nit pick it to flippin death...I agree all should be "skeptic"...but for me...I am in this for the next couple of days...to make some bank...and I am out...(I hope)I don't think that I would make it through this merger crap..LOL...

Same here 10, but this is driving me nuts cause' I know it's wrong but I can't nail it down.
 
Posted by Purl Gurl on :
 
Tex writes,

*why* would it open at any given price?

I *still* don't get where folks are getting the idea that the CEO or "the company" can set prices on the market...

___

CSVU does not trade at all.

CVSU -- Conversion Solutions, Inc.
Com ($0.0001)
Primary Venue:

No trade information available for this security.


Purl Gurl
 
Posted by T e x on :
 
10 of Sissies writes:

"headache" wah.... "trying to nit pick"

lol, who's picking nits? I simply don't see any thing, any *where* that indicates current FHAL shareholders get anything beyond market price...
 
Posted by glassman on :
 
reverse merger... i played SPEA last year [Wink]
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
Only reason FHAL is all pumped up into a
speculation bubble, which will burst and
cause a crash, is there are millions of
naive gullible traders out there being
worked over by shrewd seasoned traders.

Purl Gurl

I disagree...I don't see allot of "pumpers" at least not on this board...and I think that this has risen just as any other stock does..."hype and Rumor" but this hype and rumor was started by an 8K filing..and that is where I see quite a difference from other "un-called for runs"...this isn't my version of a "typical P&D"
 
Posted by glassman on :
 
all of this haranguing really is funny....
 
Posted by Purl Gurl on :
 
"hype and Rumor"

pump and dump

Purl Gurl
 
Posted by T e x on :
 
quote:
Originally posted by Purl Gurl:
Tex writes,

*why* would it open at any given price?

I *still* don't get where folks are getting the idea that the CEO or "the company" can set prices on the market...

___

CSVU does not trade at all.

CVSU -- Conversion Solutions, Inc.
Com ($0.0001)
Primary Venue:

No trade information available for this security.


Purl Gurl

This question got left out in that "transcription process":

quote:
If the new ticker opens at $15 a share, you still have to trade it, so it wouldn't be giving away money, or am I all screwed up?
was responding to that...

many folks very confused...

seem to believe CEO or company can somehow "set the price" of shares on open market...
 
Posted by Livinonklendathu on :
 
It looks to me like they only need to file the received CVSU shares on the S4. Anybody see it different?

http://64.233.161.104/search?q=cache:q4uwNSCBcqMJ:www.sec.gov/about/forms/form4d ata.pdf+sec+form+4&hl=en&gl=us&ct=clnk&cd=1&ie=UTF-8
 
Posted by 10of13 on :
 
Yes..I am a sissie...what about it? [Wink] [Razz]

If this were to go the way "they" claim..then i see the $...I posted it earlier in this thread...

and i agree with you Livinon...but I can't find it...perhaps we will not know until the actual merger...but I will be out by then...although still following so i will find out the answers...
 
Posted by glassman on :
 
the people who own CVSU believe their company is worth 15$ per share.....

they want 15$ that is what they are being promised....
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
quote:
Originally posted by Purl Gurl:
Only reason FHAL is all pumped up into a
speculation bubble, which will burst and
cause a crash, is there are millions of
naive gullible traders out there being
worked over by shrewd seasoned traders.

Purl Gurl

I disagree...I don't see allot of "pumpers" at least not on this board...and I think that this has risen just as any other stock does..."hype and Rumor" but this hype and rumor was started by an 8K filing..and that is where I see quite a difference from other "un-called for runs"...this isn't my version of a "typical P&D"
OK, so where in 8K are FHAL shareholders "guaranteed" anything?
 
Posted by 10of13 on :
 
quote:
Originally posted by 10of13:
Livon...
the way that is sounds...although this was my concern also...but...

First the merger...FHAL will "join" CVSU and in that merger CVSU share holders will get 1 of FHAL's stock for each of their curent CVSU..and then all stock will be "turned" into CVSU shares...and the "company" and new stock will be called...and traded under CVSU...(old CSVU share holders now have 2 stocks and the old FHAL share holders only have 1 stock of the "new" CSVU)

if on the first closing day of the new stock (we are all now share holders of CSVU...FHAL no longer is) the stock does not close at 15..."we" CSVU shareholders get the difference...

Here ya go Tex...but I am not going back through the 8k to point it out...this is what I came up with after trying to figure it out... [Razz]
 
Posted by Purl Gurl on :
 
Tex drawls,

"seem to believe CEO or company can somehow
"set the price" of shares on open market..."

Oh, Tex, (and I know your real name now) many
CEO do this all the time! Parkin said NDOL
is worth 2.17 per share. Lyamec said shares
are worth 2.25 per share.

Must be true, yes?

CEO love to give away money.

Such a bargin. Buy FHAL for 1.20 today,
sell FHAL for 15.00 tomorrow!

**

That ain't workin that's the way you do it
Money for nothin' and chicks for free
Now that ain't workin' that's the way you do it
Lemme tell ya them guys ain't dumb

- Dire Straights

Purl Gurl
 
Posted by glassman on :
 
it isn't that complicated...
i really don't know why the issues are coming up...
the only thing in question is whether the 15$ price is going to be agreeable to the market...
 
Posted by Sean on :
 
LOL Purl. Is there a stock that you do like?
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
the people who own CVSU believe their company is worth 15$ per share.....

they want 15$ that is what they are being promised....

agreed! Further, I believe--but can not document this....let's say, instead...I wouldn't at all be surprised to learn that the overwhelming majority of CVSU shares are the new officers of FHAL, eh?
 
Posted by glassman on :
 
FHAL was pretty tightly held according to their filings...

not too many shares "floating"....

there are some prefered's that might be a pain in dabutt..

but it looks like a fairly clean shell that was just cleaned up...
 
Posted by Purl Gurl on :
 
"LOL Purl. Is there a stock that you do like?"

I do not like any stocks. I do not trade
any stocks. I am only here to gripe.

Purl Gurl
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
it isn't that complicated...
i really don't know why the issues are coming up...
the only thing in question is whether the 15$ price is going to be agreeable to the market...

lol, true...

current FHAL shareholders "guaranteed" nothing; no magic day when a check is issued to cover the difference between what "FHAL" trades at and what current CVSU owners get in addition for going ahead with the merger....
 
Posted by Livinonklendathu on :
 
Per the 15c2-11 for CVSU dated 11-3-5

Shares:

Control persons:

Rufus Paul Harris 7,630,000
Ben Stanley 7,630,000
 
Posted by T e x on :
 
OT:
"and I know your real name now"

so you know how to add my e-mail, then [Razz]
 
Posted by TaxBack04 on :
 
You guys are kidding right?

I found FHAL this past weekend, but it did not take long for me to find ***'s write up about them. Today's upsurge is not hype or pump, it is the 1.5 billion dollar exclusive contract, and the buy rating from two analyst. Try reading this before you dump, then when you do dump tel me when so I know when to buy up the loose shares.

http://www.***.com/pdf/FHAL.pdf
 
Posted by Purl Gurl on :
 
This is a truly wonderful deal.

Today, I buy a million shares of FHAL for
a dollar a share.

Later, Rufus and Ben will give me fourteen-million
dollars to make up the difference in share value!

Now that is a real deal!

Purl Gurl
 
Posted by Purl Gurl on :
 
"so you know how to add my e-mail, then"

* frowns *

No, not yet. I am working on this!

Purl Gurl
 
Posted by TaxBack04 on :
 
sorry forgot about the censor...

http: // w w w . m n 1 . c o m /pdf/FHAL.pdf
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
FHAL was pretty tightly held according to their filings...

not too many shares "floating"....

there are some prefered's that might be a pain in dabutt..

but it looks like a fairly clean shell that was just cleaned up...

yikes!

you doing that on purpose? lol, FHAL officers are gone (with shares, yes--get that). But *nothing* to do with the $15 thingee...
 
Posted by glassman on :
 
agreed! Further, I believe--but can not document this....let's say, instead...I wouldn't at all be surprised to learn that the overwhelming majority of CVSU shares are the new officers of FHAL, eh?

the reverse merger stipulates that the mangement of CVSU will replace FHALs mangement...
this how reverse mergers work...
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
agreed! Further, I believe--but can not document this....let's say, instead...I wouldn't at all be surprised to learn that the overwhelming majority of CVSU shares are the new officers of FHAL, eh?

the reverse merger stipulates that the mangement of CVSU will replace FHALs mangement...
this how reverse mergers work...

yup...and apparently the same folks who get FHAL shares + (the "difference between" FHAL and $15).
 
Posted by Livinonklendathu on :
 
Interesting:


On May 12, 2004, we filed suit in Nevada District Court against Enhancement
Holdings, LLC, Paul Harris, Benjamin Stanley and John Walsh for fraud, negligent
misrepresentation, breach of contract and rescission.

http://sec.edgar-online.com/2005/07/18/0001077048-05-000402/Section2.asp
 
Posted by glassman on :
 
yep..... it's privately held...
that's why you don't get an active quote on them...
the real question is how much of their 850 mikllion dollars in assets are really assets isn't it?

850 million dollars is what they say they have....

ONVERSION SOLUTIONS, INC.
(A Development Stage Company)
Statement of Cash Flows
January 1, 2006 - March 31, 2006

OPERATING ACTIVITIES

Net Income


($ 284,019)


Net Cash Provided by Operating Activities

INVESTING ACTIVITIES:




($ 284,019)



Stables


($277,000)


UCC Security Notes


($ 310,138,000)


Interest Receivable


(33,125,000)


Long-Term Investment in Bonds


($ 500,000,000)


Net Cash Provided by Investing Activities




($ 843,540,000)




FINANCING ACTIVITIES

Capitol Stock




$ 2,329


Accumulated Other Comprehensive Income


$ 803,430,836


Note Payable




$ 4,400,000


Long-Term Note




$ 36,000,000






$ 843,833,165




divide that by the number of shares and you get you 15$...
 
Posted by T e x on :
 
there ya go...nice find, Livinon
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
yep..... it's privately held...
that's why you don't get an active quote on them...
the real question is how much of their 850 mikllion dollars in assets are really assets isn't it?

850 million dollars is what they say they have....

ONVERSION SOLUTIONS, INC.
(A Development Stage Company)
Statement of Cash Flows
January 1, 2006 - March 31, 2006

OPERATING ACTIVITIES

Net Income


($ 284,019)


Net Cash Provided by Operating Activities

INVESTING ACTIVITIES:




($ 284,019)



Stables


($277,000)


UCC Security Notes


($ 310,138,000)


Interest Receivable


(33,125,000)


Long-Term Investment in Bonds


($ 500,000,000)


Net Cash Provided by Investing Activities




($ 843,540,000)




FINANCING ACTIVITIES

Capitol Stock




$ 2,329


Accumulated Other Comprehensive Income


$ 803,430,836


Note Payable




$ 4,400,000


Long-Term Note




$ 36,000,000






$ 843,833,165




divide that by the number of shares and you get you 15$...

single largest asset seems to be Venezuelan bonds that trade on DE exchange... not rated too high, different opinions on how recently they've traded...

one link:

http://isht.comdirect.de/html/detail/main.html?hist=6m&sSym=VEZD.BER&DEBUG=0&ind 0=VOLUME&sCat=BND&sIsin=US922646AT10&sTab=chart&sWkn=249380&type=CONNECTLINE
 
Posted by 10of13 on :
 
OK..Nice find by Livinon...but everything was dismissed...

Privately owned CSVU..yes...and those financials..are "unaudited"...which is one of the things that were suppose to be waiting on for this so called merger...
 
Posted by 10of13 on :
 
quote:
Originally posted by TaxBack04:
sorry forgot about the censor...

http: // w w w . m n 1 . c o m /pdf/FHAL.pdf

did anyone take a look at TaxBack's link?
 
Posted by glassman on :
 
how the hell am i supposed to read that? it's in German for crying out loud [Big Grin]

if the market says 15$ then i'll believe it...

and? just incase you missed it?

the lawsuit was dismissed without prejudice...

After a further hearing before the court on July 22, 2004, the court ordered that the preliminary injunction be dissolved to the extent that it prohibited Paul Harris, Benjamin Stanley and John Walsh from holding themselves out as directors of the Company. The court also ordered the Company to hold a special stockholders election to determine who should serve as the Company's directors.

According to the special meeting held on December 9, 2004, we announced the removal of Paul Harris, Ben Stanley and John Walsh as Directors of the Company effective December 16, 2004.

After the removal of Paul Harris, Benjamin Stanley and John Walsh from our board of directors and due to the fact that they have no assets to attach, we decided it would be in the best interest of the Company to dismiss the case without prejudice.


as i read it? the lawsuit may not have had merit...
 
Posted by Livinonklendathu on :
 
quote:
Originally posted by 10of13:
quote:
Originally posted by TaxBack04:
sorry forgot about the censor...

http: // w w w . m n 1 . c o m /pdf/FHAL.pdf

did anyone take a look at TaxBack's link?
Yep, only cost em' 15K for it too.
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
OK..Nice find by Livinon...but everything was dismissed...

Privately owned CSVU..yes...and those financials..are "unaudited"...which is one of the things that were suppose to be waiting on for this so called merger...

10?

lol, it was dismissed w/o prejudice after the court ordered "Rufus" (then going by Paul... instead of Rufus) et al to quit posing as officers of the company...
 
Posted by glassman on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by 10of13:
OK..Nice find by Livinon...but everything was dismissed...

Privately owned CSVU..yes...and those financials..are "unaudited"...which is one of the things that were suppose to be waiting on for this so called merger...

10?

lol, it was dismissed w/o prejudice after the court ordered "Rufus" (then going by Paul... instead of Rufus) et al to quit posing as officers of the company...

WRONG!!!!!

they were voted off after the fact....

read it again...
According to the special meeting held on December 9, 2004, we announced the removal of Paul Harris, Ben Stanley and John Walsh as Directors of the Company effective December 16, 2004.


lawsuit without merit??? likely...
 
Posted by T e x on :
 
"as i read it? the lawsuit may not have had merit..."

lol, very similar to BCIT...

ya, dismissed...AFTER court orders 'em to QUIT posing [Roll Eyes]
 
Posted by 10of13 on :
 
LMAO off glass..I can't decide if you are serious or jokin'...

As for the $15 a share...I think that Rufus and Stanley get all the shares...by buying them back on the open market..and so they don't pay anyone...and then they can turn around and sell as many as they want on the open market once it trades in the new symbol...that's my story and I am stickin' to it! [Razz]
 
Posted by glassman on :
 
why would the board vote 'em off if they were "posing"

i agree about the "assets"
 
Posted by glassman on :
 
quote:
Originally posted by 10of13:
LMAO off glass..I can't decide if you are serious or jokin'...

As for the $15 a share...I think that Rufus and Stanley get all the shares...by buying them back on the open market..and so they don't pay anyone...and then they can turn around and sell as many as they want on the open market once it trades in the new symbol...that's my story and I am stickin' to it! [Razz]

jokin' about what? it is possible to disagree without name-calling and

this is in play .... somebody is buying them shares...

it IS a pink, and i am not recomending buying or selling...

i have seen plenty of reverse mergers actually work....... will this one? i dunno... that's why it's not at 15$ already...
 
Posted by glassman on :
 
let me tell you about a big board stock i played a while back..

CREE
they had all kinds of board problems....

i saw huge amounts of money being lost and made in hours over that lawsuit...
 
Posted by T e x on :
 
"WRONG!!!!!

they were voted off after the fact...."

lol, Glass-- "July 22, 2004, the court . . . that it prohibited Paul Harris, Benjamin Stanley and John Walsh from holding themselves out as directors of the Company.

December 9, 2004, we announced the removal . . ."
 
Posted by glassman on :
 
removal after the meeting?

why did they need a meeting?

why was the case dismissed without prejudice?

this is very common at all levels of biz....

here's the DEF 14
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001203989%2D04%2D00003 0%2Etxt&FilePath=%5C2004%5C11%5C01%5C&CoName=BROADBAND+WIRELESS+INTERNATIONAL+CO RP&FormType=DEF+14A&RcvdDate=11%2F1%2F2004&pdf=


the previous 10Q was not signed by the named defendants...

but an 8k dated 5/10/004 read as follows:
TEM 5. Other Events.

Broadband Wireless International Corporation (the "Company") hereby discloses the termination of Officers: President- Ron Tripp, Vice President-Keith McAllister and Vice President- Michael Williams. See Exhibit 99-1.

Relative to this termination a review of their activities, as officer is ongoing.

Name: Dr. Ron Tripp
Officer Title: President

Name: Keith McAllister
Officer Title: Vice-President

Name: Michael Williams
Officer Title: Vice-President

ITEM 7 (c) Exhibits

99-1: CEO Directive Termination of President-Dr. Ron Tripp, Vice President-Keith McAllister and Vice President-Michael Williams.

99-2: Press Release
-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BROADBAND WIRELESS INTERNATIONAL CORPORATION

Date: Thursday, May 06, 2004

By: /s/ Paul R. Harris
----------------------
 
Posted by Jo4321 on :
 
Did anyone play SDFE when it was about to be taken over by NNRF?

I'm trying to see if there are similarities here. On that one, the PPS went up over 300% a few days prior to this PR.


--------------------------------------------------------------------------------
Stafford Closes Nucon Acquisition


VANCOUVER, British Columbia, May 8, 2006 (PRIMEZONE) -- Stafford Energy, Inc. ("Stafford") (Pink Sheets:SFDE) is pleased to announce that it has closed the Share Exchange Agreement with Nucon, Inc. ("Nucon"), a Nevada company.

As of this date, Mr. Robert Stepan, Mr. Todd Sinclair and Mr. Sven Smeds have resigned as Directors of Stafford, and Mr. J. Holt Smith, Esq. has been appointed to the Board of Directors. Mr. Richard Connors will remain on the Board for the transition period until a newly elected Nucon Board of Directors assume their duties.

Stafford will begin the transition period whereby it will complete all necessary filings with the State of Nevada and the NASD to affect a name, cusip number and symbol change to reflect the new name, NUCON-RF, Inc. In addition, under the terms of the share exchange agreement, Stafford will effect a 275-to-1 share consolidation on or about May 22nd, 2006, after which, Stafford will acquire 22,500,000 common shares of Nucon representing 100% of Nucon's outstanding common stock in exchange for 22,500,000 shares of Stafford's common stock. In addition, there will be an issuance of 3,000,000 post consolidated debt settlement shares. On completion of the transition period, Stafford will have a total of 25,858,647 common shares issued and outstanding.

Nucon has established alliances and contracts with Russian Federal government agencies responsible for the domestic and export nuclear industries, including a contract as project partner with Atomstroyexport, www.atomstroyexport.ru/index-e.htm to provide materials, technologies and services for the Chernobyl Shelter Implementation Plan in Ukraine. Nucon has the capability to provide product, technological and engineering support for environmental and radioactive waste challenges including, compliance, shielding, transport and storage requirements for a broad range of radioactive and toxic wastes. For more information on the company please visit its web site www.nucon-rf.com

Safe Harbor Statement

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potentiality and other prospective presentations by Stafford. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. Stafford undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Stafford's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.

CONTACT: Stafford Energy, Inc.Richard Connors
(604) 943-4671

--------------------


Before the aquisition took place the pps started going down again. Then there was a reverse split.

But Rufus said No Reverse split, right?

Jo
 
Posted by Livinonklendathu on :
 
Yes, he did say no reverse split. However, the 8K has "provisions" in case of, etc.
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
removal after the meeting?

why did they need a meeting?

why was the case dismissed without prejudice?

this is very common at all levels of biz....

good lord, you're hard-headed...

the court ordered the meeting, according to that link...

I'm sure the company felt the same way: Do WHAT? OK, Your Honor, we'll meet and agree the guys you ordered to quit posing are in fact not on our board [Roll Eyes]

( ...again, look at the mess re BCIT... been following? OT--did you see my note MLNK today? )
 
Posted by mnvestor on :
 
quote:
Originally posted by glassman:
quote:
Originally posted by 10of13:
LMAO off glass..I can't decide if you are serious or jokin'...

As for the $15 a share...I think that Rufus and Stanley get all the shares...by buying them back on the open market..and so they don't pay anyone...and then they can turn around and sell as many as they want on the open market once it trades in the new symbol...that's my story and I am stickin' to it! [Razz]

jokin' about what? it is possible to disagree without name-calling and

this is in play .... somebody is buying them shares...

it IS a pink, and i am not recomending buying or selling...

i have seen plenty of reverse mergers actually work....... will this one? i dunno... that's why it's not at 15$ already...

pssst, it is not a pink, FYI
 
Posted by glassman on :
 

FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report: May 7, 2004

ITEM 1. Change of Control.

On April 4, 2004, the board of directors of Broadband Wireless International Corporation (OTCBB-BBAN) (hereinafter the “company”) passed a resolution to cancel the agreement entered into on December 29, 2002, by and between Enhancement Holdings, LLC, Stanley Holdings Business Trust (referred to herein as EHLLC) and Entertainment Direct, TV, Inc./Broadband Wireless International Corporation. Such cancellation is based on the fact that pursuant to the terms of the agreement EHLLC was to place on the books of the company a 100 Million USD Insurance Guarantee Bond. The bond was to be used to facilitate a $57 million credit line for the company. Under the agreement, the company agreed to render three (3) seats on its board to EHLLC. The three members appointed to BBAN’s board pursuant to the agreement were Paul Harris, Benjamin Stanley and John Walsh. Harris and Stanley are directors of EHLLC and Harris is the CEO of EHLCC.

EHLLC failed to perform its obligations under the agreement. Furthermore, the company has been provided with evidence that the bond is underwritten by insolvent companies and has been assigned to other parties, one of whom recently received a multi-million dollar judgment against EHLLC and its officers/directors in an action alleging fraud and other improprieties. Additionally, the company has reason to believe that EHLLC and its officers/directors have committed other infractions which are under investigation by the company’s counsel and others. The company intends to pursue all appropriate legal remedies against EHLLC, Paul Harris, Benjamin Stanley and John Walsh on behalf of itself and its shareholders.

 
Posted by glassman on :
 
NO, i'm not anymore hard-headed that anybody else here...

i'm not pumping this stock just demonstrating how to do DD...
i've never believed 15$ will come and i never said it would...
 
Posted by T e x on :
 
"jokin' about what? it is possible to disagree without name-calling and"

*hint: this is the way it's sposed to work...having Glass take an interest is ... well, intriguing is an understatment [Wink] *
 
Posted by T e x on :
 
quote:
Originally posted by Jo4321:
Did anyone play SDFE when it was about to be taken over by NNRF?

I'm trying to see if there are similarities here. On that one, the PPS went up over 300% a few days prior to this PR.


--------------------------------------------------------------------------------
Stafford Closes Nucon Acquisition


VANCOUVER, British Columbia, May 8, 2006 (PRIMEZONE) -- Stafford Energy, Inc. ("Stafford") (Pink Sheets:SFDE) is pleased to announce that it has closed the Share Exchange Agreement with Nucon, Inc. ("Nucon"), a Nevada company.

As of this date, Mr. Robert Stepan, Mr. Todd Sinclair and Mr. Sven Smeds have resigned as Directors of Stafford, and Mr. J. Holt Smith, Esq. has been appointed to the Board of Directors. Mr. Richard Connors will remain on the Board for the transition period until a newly elected Nucon Board of Directors assume their duties.

Stafford will begin the transition period whereby it will complete all necessary filings with the State of Nevada and the NASD to affect a name, cusip number and symbol change to reflect the new name, NUCON-RF, Inc. In addition, under the terms of the share exchange agreement, Stafford will effect a 275-to-1 share consolidation on or about May 22nd, 2006, after which, Stafford will acquire 22,500,000 common shares of Nucon representing 100% of Nucon's outstanding common stock in exchange for 22,500,000 shares of Stafford's common stock. In addition, there will be an issuance of 3,000,000 post consolidated debt settlement shares. On completion of the transition period, Stafford will have a total of 25,858,647 common shares issued and outstanding.

Nucon has established alliances and contracts with Russian Federal government agencies responsible for the domestic and export nuclear industries, including a contract as project partner with Atomstroyexport, www.atomstroyexport.ru/index-e.htm to provide materials, technologies and services for the Chernobyl Shelter Implementation Plan in Ukraine. Nucon has the capability to provide product, technological and engineering support for environmental and radioactive waste challenges including, compliance, shielding, transport and storage requirements for a broad range of radioactive and toxic wastes. For more information on the company please visit its web site www.nucon-rf.com

Safe Harbor Statement

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potentiality and other prospective presentations by Stafford. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. Stafford undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Stafford's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.

CONTACT: Stafford Energy, Inc.Richard Connors
(604) 943-4671

--------------------


Before the aquisition took place the pps started going down again. Then there was a reverse split.

But Rufus said No Reverse split, right?

Jo

Yes, was a big play...not this big, as I recall: similar "controversy" once actual DD started...
 
Posted by glassman on :
 
quote:
Originally posted by T e x:
"jokin' about what? it is possible to disagree without name-calling and"

*hint: this is the way it's sposed to work...having Glass take an interest is ... well, intriguing is an understatment [Wink] *

you just take the DD where it goes.....
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
NO, i'm not anymore hard-headed that anybody else here...

i'm not pumping this stock just demonstrating how to do DD...
i've never believed 15$ will come and i never said it would...

Lol..."hard-headed" you're not any *less,* either [Razz] lol, we're both hard-headed...

OK, to recap, if I may, sir?

1) we agree "assets" are shall we say, "iffy" (CVSU)

2) no "guarantee" of $15 for current FHAL shareholders, either in SEC filing or in PR?

fair assessment?
 
Posted by glassman on :
 
no "guarantee" of $15 for current FHAL shareholders, either in SEC filing or in PR?

fair assessment?


FHAL holders get what they can sell it for....
no guarantee.....
i thought i said that first... CVSU owners get 15$
 
Posted by glassman on :
 
Tex? i never found anyhting about who all holds CVSU ...
and i'm no position to properly analyse their assets.... i just don't know...
i think you are getting ahead of the game here with some of your claims....

shell purchases/ revers mergers are almost impossible to fully analyse...
yes there are red flags, but no way am i saying the PPS won't go much higher....
 
Posted by 10of13 on :
 
Glass...and all...if you look at all of the filings for FHAL and the dates...and the names...looks like this was "signed" back on June 8th...and not filed until July 12th...I am wondering how long Rufas and his buddies have been buying back the shares? CVSU "owns" FHAL...and they can really merge at any time...from what I am reading..

does this make a difference? Not sure..but I found it interesting that the "old" CEO signed The filed 8K (from July) in June...

Is Rufas..."allowed" to buy AND sell shares as he chooses?
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
Tex? i never found anyhting about who all CVSU is...
and i'm no position to properly analyse theer assets.... i just don't know...
i think you are getting ahead of the game here with some of your claims....

I have *not* run the SoS stuff, the name search stuff, the addresses, any of that....agreed

was not surprised by the court case, will concede...

lol--my claims?

All I'm basically saying is the neither the filings nor the PR support a mad rush to conclusion of "guaranteed" $15 pps "buyout."
 
Posted by glassman on :
 
10, the agreement was entered into on July 8 not jun,

there is plenty to be skeptical of here as in all trades,

don't be greedy.....
this is a list off the 8KA

Current Joint Venture Corporations

American International Smart Structure

Brittenum Brothers Entertainment, Inc.

Rocky Road Records, Inc.

Seko Management Inc.

Current Wholly owned CVSU Subsidiaries

Tserof Holdings Inc

CVSU Coffee Shop

Equine Solutions, Inc

Stargate Productions, Inc.

Current Waatle Merger Subsidiaries

Live Mortgage Free

Federal Chamber of Commerce

Center State Beverage

LotteryFever

InfinityOne Inc

Amruss Group, LLC

LoanShoppers.com

SOURCE Conversion Solutions, Inc.


that appears to be quite a few people, and owners....
not just the aforementioned persons...
this ( and the bonds) is what you are buying when you buy the stock ..
 
Posted by T e x on :
 
G writes:

"yes there are red flags, but no way am i saying the PPS won't go much higher...."

lol, me, either...especially given the confusion of folks thinking there's some "guarantee"

wish I woulda been in position to hit my point today...

simply saying--which you helped drum into my head--KNOW WHY you're playing it...
 
Posted by Free Muney on :
 
why are all pr's stupid and ambigious? is good straightforward english that challenging? does anyone have the slightest clue as to the play before the conversion? Hold? Sell? Stab Voodoo dolls? The more i look into this play, the more confused i get.
Any insight(like a laymans intrepretation of the pr) would be wonderful for a newbie like myself who tripped and fell into a gold mine...
 
Posted by Free Muney on :
 
Im in at .105 cents a share
 
Posted by T e x on :
 
quote:
Originally posted by Free Muney:
why are all pr's stupid and ambigious? is good straightforward english that challenging? does anyone have the slightest clue as to the play before the conversion? Hold? Sell? Stab Voodoo dolls? The more i look into this play, the more confused i get.
Any insight(like a laymans intrepretation of the pr) would be wonderful for a newbie like myself who tripped and fell into a gold mine...

sure...FHAL shareholders guaranteed nothing; CVSU shareholders apparently get share-for-share exchange + any difference between that pps and $15...

unless "the company" (apparently Rufus & Ben) decides different.
 
Posted by portman on :
 
quote:
Originally posted by Free Muney:
why are all pr's stupid and ambigious? is good straightforward english that challenging? does anyone have the slightest clue as to the play before the conversion? Hold? Sell? Stab Voodoo dolls? The more i look into this play, the more confused i get.
Any insight(like a laymans intrepretation of the pr) would be wonderful for a newbie like myself who tripped and fell into a gold mine...

Because the intention is for you to get lost in translation.

There is no free lunch <wash, rinse and repeat>
 
Posted by T e x on :
 
lol, I'll buy that....
 
Posted by BillyB on :
 
This stock is out of control!
 
Posted by portman on :
 
This is not as complicated as you are all making it out to be. Seller believes they have more asset value than Buyer. Hence, Seller is really the winner and this is reflected in the Board/Officer changes.

Buyer is purchasing via stock transfer (no cash). Since Sellers asset value is "believed" to be $15 * (shares) Seller wants a securing of value. Therefore, this value is reflected in the merger agreement.

FHAL is not the payer of the differential, interestingly enough. The "Surviving Holding Company" is on the hook to pay. Otherwise known as the NEW company.

There is no way to review combined financials until they release them and there is no way to gauge if the new company could handle the debt load.

My take is they know it can't handle the debt load or they can make long term arrangements to deal the debt and offset it over the long term if they own the shares. They are therefore aquiring shares.

This aquisition and mis-interpretation are pushing the price right now. As soon as one or the other is realized or stopped the house of cards falls.
 
Posted by Dustoff 1 on :
 
good arquement feller's and Gals...Ha Ha 10 just may really!!! have a headache now..LOL

From reading the arquement between Tex and Glassman, we have what appears to be an exellent source for comparisan...

I know both these men to be honest and forthwright....

I do not mean to or intend to leave out others who are doing honest hard work on this stock..Thankyou all for your work so far...

It does appear to me we have a good chance for another go at more trading profits..But that decision has to be made by the individual, after all, it is your money.
 
Posted by portman on :
 
I am going to note...I am not in this stock. I wish I had done an in and out today but alas I was busy elsewhere.
 
Posted by Newbie7 on :
 
So there are more or less basically three scenarios, right?

Scenario 1
Everything is all that the FHAL shareholders hoped for. As promised by Rufus and Ben thru all the conversations people had with them: The stock will be worth $15 per share after the merger with no R/S.

Scenario 2
FHAL pays the final difference between CVSU's $15 share value and whatever FHAL's worth when merger day arrives.
(This would mean that they will buyback as many shares possible to put to work the supply demand theory, since R/S will cause a huge drop in pps)

Scenario 3
FHAL and CVSU are both scams, and it's all momentum play from now on until D-day. (But if there are more news for moving to Nasdaq, details on Amazon contract, etc continues to come, today's good looking chart, and the huge after-hour block buy, it may actually still move further ahead)

[ July 20, 2006, 01:34: Message edited by: Newbie7 ]
 
Posted by Newbie7 on :
 
Looks like JJ over at IHUB will have a live interview with the CEO at 8:00am CST on Paltalk:

Posted by: JJSeabrook
In reply to: None Date:7/20/2006 1:13:03 AM
Post #of 4789

JUST THIS MOMENT OFF THE PHONE WITH CEO!

Rufus Harris will be having a LIVE INTERVIEW with me on Paltalk at 8:00 CST. Details to follow. YOU GUYS ARE GONNA LOVE THIS!!!!

JJ
 
Posted by Newbie7 on :
 
Sorry, the interview is at 8:00pm CST.
The CEO himself is actually posting on IHUB!
JJ verified that it's actually him..
 
Posted by Dustoff 1 on :
 
Better check post on .10 under thread....
July 20 04:53 hrs.
 
Posted by Peaser on :
 
Hmm, very interesting.

$7.21 eh.
 
Posted by Peaser on :
 
Gapping early.
 
Posted by Puddy on :
 
Possible morning selloff coming.
 
Posted by Jo4321 on :
 
Okay, that stuff on IHUB is just weird, a CEO posting to a message board at 2:00 in the morning!?

Anyone ever see THAT before?
LOL!

Jo
 
Posted by mnvestor on :
 
quote:
Originally posted by Puddy:
Possible morning selloff coming.

Apparently you need to have your eyes checked, people are over bidding people to buy!!! This is going to explode!
 
Posted by 66inxs on :
 
good gapper this am 1.06 to 1.37 gl to all who are holding this ! hope it holds for you guys.
 
Posted by Purl Gurl on :
 
"Okay, that stuff on IHUB is just weird, a CEO
posting to a message board at 2:00 in the morning!?

Anyone ever see THAT before?"

Never.

I-Hub has a reputation as a pump & dump operation.

Purl Gurl
 
Posted by Dustoff 1 on :
 
Ka-------->Boom!!

$1.54
Bid-- 1.56
ask-- 1.50
last--1.56
 
Posted by Puddy on :
 
Whats up with NITE at 1.50.
 
Posted by Dustoff 1 on :
 
ask-- 1.499
bid-- 1.4991
last- 1.43
 
Posted by 66inxs on :
 
something aien't right??
 
Posted by Dustoff 1 on :
 
1,846,645 vol.

Ask --1.485
Bid---1.484
 
Posted by Dustoff 1 on :
 
ask 1.38
bid 1.37
last1.37
 
Posted by Dustoff 1 on :
 
ask--1.355 thats what it showed...
bid--1.37
last-1.37
 
Posted by Peaser on :
 
NITE may be in trouble again.

See if you can find them on any other stocks L2's. I don't see 'um.
 
Posted by Dustoff 1 on :
 
NITE is gone from here at the present time...
 
Posted by Dustoff 1 on :
 
We got ourselves a -----------> brain twister!
LOL

ask 1.47
bid 1.47
last 1.47

just about 2.5 million shrs traded.
 
Posted by 66inxs on :
 
this must have jumped from the post on ihub plus excitement that is in this stock from its previous 3 days performance. it seems to have a lot of support around 1.50. like dusty said yesterday, this would make an interesting study.
 
Posted by Peaser on :
 
Hope NITE got busted again.

Can not find NITE active on any other stocks.
 
Posted by Dustoff 1 on :
 
ask 1.54
bid 1.538
last -1.54

vol 2.7 million
 
Posted by Dustoff 1 on :
 
ask 1.37
bid 1.38
 
Posted by Dustoff 1 on :
 
NOW
bid 1.35
ask 1.3501
last 1.35

now
bid 1.31
ask 1.31
 
Posted by Dustoff 1 on :
 
coming back up..
 
Posted by Dustoff 1 on :
 
glassman, guess they is a walking the horse up and down the hill...LOL
 
Posted by 66inxs on :
 
too much volitility -no substance. now that the excitement has died down - back to 1.34 which is i believe below the days opening at 1.42. only chance to make money here was if you were hold from yesterday.
 
Posted by Dustoff 1 on :
 
Ask--1.41
bid--1.40
last 1.41
 
Posted by Dustoff 1 on :
 
66, I'm not buying, to dizzy..LOL

BID 1.35
ASK 1.35
LAST 1.30

3.4 MILLION VOL.
 
Posted by Livinonklendathu on :
 
Anybody see where NITE went?
 
Posted by Dustoff 1 on :
 
nope..

ask--1.395
bid -1.39

last 1.40
 
Posted by Dustoff 1 on :
 
one hr. into trading

ask 1.43
bid 1.42
last1.43

3,650,000+ shrs. traded
few minutes later
ask 1.45
bid 1.44
last 1.44
 
Posted by 66inxs on :
 
dusty i'm not buying either. i was going to but i'm dizzy too. maybe the mm's are walking the horse ! i have no clue on this one today - maybe pumping into a dilution could be going on too ? if someone finds out please post.
 
Posted by Dustoff 1 on :
 
Reminds of the saying "nuts" from the battling b-astards of Bastone..
 
Posted by RagingBull on :
 
Purl gurl has alot of knowledge but she was wrong on ghlt, i know shes going to say look at it now but the over all market took a hit ...I hope shes wrong on this one too for the sake of everybody here . fyi im not in this one
 
Posted by 66inxs on :
 
definitely one of the great moments of WWII ! at 1.36 now lots of active mm's. like throwing cards into the air, any one you catch you can keep. very risky right now imho. lets see how this plays out. GLTA !
 
Posted by Peaser on :
 
I see NITE back in there on the bid.
 
Posted by Jo4321 on :
 
Morning shake has been happenning around 11:30 on this one.

I've played this three times for small profits. I'm currently out, but considering another go-round, if the pps goes to the low $1.00's again.

I'm not looking for the $15.00 pipe dream, but I have been gaining 30%-40% each time. And if I wasn't so dang cautious, I probably could have had more.

Jo
 
Posted by Newbie7 on :
 
Wow,
Battle between the heavyweight MM's.
NITE vs. ARCA
 
Posted by 10of13 on :
 
quote:
Originally posted by 66inxs:
dusty i'm not buying either. i was going to but i'm dizzy too. maybe the mm's are walking the horse ! i have no clue on this one today - maybe pumping into a dilution could be going on too ? if someone finds out please post.

66..."Rufus" claims that he is actually buying back the shares on the open market...and wants to buy up the float before the merger...
 
Posted by Purl Gurl on :
 
"Purl gurl has alot of knowledge but she was wrong on ghlt...."

You are full of crap, Bubba.

Purl Gurl
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
"Purl gurl has alot of knowledge but she was wrong on ghlt...."

You are full of crap, Bubba.

Purl Gurl

LOL..Purl..are you saying that you don't have alot of knowledge? LOL [Wink]
 
Posted by Newbie7 on :
 
Today might be different than the past couple days.
There are more funds to flip.
And Rufus will be on live interview at IHUB tonight.
 
Posted by Purl Gurl on :
 
Ten writes,

"LOL..Purl..are you saying that you don't have alot
of knowledge?"

Ha! Ha! I will get you for that, Ten of Nonsense!

Purl Gurl
 
Posted by 10of13 on :
 
Mwwwuuuaaahhhh [Wink]
 
Posted by Purl Gurl on :
 
That does it, Ten of Silliness!

I am coming over with a big bucket of
piranha to let loose in your pond!

That will keep your boys walking on water!

Purl Gurl
 
Posted by portman on :
 
Mmmmmmmm piranha with a nice white wine and butter and garlic sauce.

And you can catch 'em just by dangling your toe in the water too!
 
Posted by Jo4321 on :
 
So have you changed your opinion on FHAL, Purl?

Jo
 
Posted by ruskin_muskin on :
 
quote:
Originally posted by 10of13:
[QUOTE]Originally posted by Purl Gurl:
[qb] "Purl gurl has alot of knowledge but she was wrong on ghlt...."

You are full of crap, Bubba.

Purl Gurl

and she wants people to dump FHAL for P&D scam of DVPC... lolllllllll...
 
Posted by Purl Gurl on :
 
"And you can catch 'em just by dangling your toe in
the water too!"

If you are a girl. Boys, well, boys do not
have much common sense.

Purl Gurl
 
Posted by Peaser on :
 
Lotsa folks lined up at 1.20 - 1.21 for this.

Might bounce 1.23
 
Posted by Purl Gurl on :
 
No, Jo, I have not changed my opinion on FHAL
stock. This is a pump and dump being fed by
gullible naive traders.

FHAL is bankrupt, this fifteen per share is
pure nonsense, this whole deal is a big wet
smelly pile of mule manure.

Thousands of people have already lost tons
of money on this one. I am not one of them.

There are much better stocks for earning
profits, much better and much safer.

Purl Gurl
 
Posted by ruskin_muskin on :
 
enough of pumping this... its RSI is overbought.. tuime for a dump... now folks who are in are adviced to get out and wait for the next pump!!!!!! oh..and meanwhile..poor TCLL has lost its support and has pathetic volume...
 
Posted by Purl Gurl on :
 
"and she wants people to dump FHAL for P&D scam of DVPC."

You are outright lying, as usual. Lying to readers
is one of your known behaviors. I find your deceit
to be highly inappropriate.

Purl Gurl
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
That does it, Ten of Silliness!

I am coming over with a big bucket of
piranha to let loose in your pond!

That will keep your boys walking on water!

Purl Gurl

Purl...that's mean...my children swim in that pond...LOL...Oh wait...I'll make you a deal...dump the piranh...and take the kids?
 
Posted by RagingBull on :
 
Purl agaisnt the world once again lol
 
Posted by ruskin_muskin on :
 
quote:
Originally posted by Purl Gurl:

You are outright lying, as usual.
Purl Gurl

people are adviced to go and read the "need stock opinions" thread for clarifications. i had been picked on for pointing out the P&D scenario of DVPC there too. however, facts were posted there. same with TCLL. I had shown pumps of tcll, and when it was dumped all the way from 0.32, plenty of hard working american families lost their money by that pump [Big Grin] [Big Grin] . losing 32% of their money with a pump and dump scam.. i hope people are not buying pump scam of almi at 2.17. lol.. come tomorrow, next week, and next month, i shall confidently say how many people would lose their money if they bought almi at 2.17.
 
Posted by vg on :
 
Purl told people to buy ALMI at the 1.60 - 1.80 range now if people bought late it is their fault. She also told people to sell around 2.15 and she also told people that she sold at 2.26. Lets leave ALMI out of this if you look at the past 2 years, ALMI is not the kind of stock you daytrade.
 
Posted by Purl Gurl on :
 
Ten of Crazy writes,

"and take the kids?"

You bump your head this morning? You are nuts!

We just spent the last twenty some odd years
raising a girl with an attitude a thousand
times worse than mine.

NO MORE KIDS.

Purl Gurl
 
Posted by Purl Gurl on :
 
Do not bother, VG, most of us Old Timers
know him for what he is. Others will learn
soon enough he cannot be trusted for a second.

Ignore the boy, he is not worth your time.

ALMI is doing better than I expected! I truly
did not think these current prices would last
this long. Appears confidence is good.

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/2/ t/001894/p/1.html

Purl Gurl
 
Posted by Peaser on :
 
My guess is that this goes to 1.04 for the low of day, closes the gap and bounces from there.
 
Posted by ruskin_muskin on :
 
pump it at 1.6.. dump it at 2.2.. and then wait for the next pump.. and unfortunately hardworking newbies dont even know why they are a company with pathetic financials, which has 50% decreased revenues y/y, and 1500% y/y..
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
Ten of Crazy writes,

"and take the kids?"

You bump your head this morning? You are nuts!

We just spent the last twenty some odd years
raising a girl with an attitude a thousand
times worse than mine.

NO MORE KIDS.

Purl Gurl

Coward! LOL...I'll keep them...one of them is bound to make it rich and take care of their old mom..LOL
 
Posted by ruskin_muskin on :
 
EDITED!
 
Posted by Jo4321 on :
 
Can you do that in the ALMI thread?
 
Posted by ruskin_muskin on :
 
EDITED!
 
Posted by Purl Gurl on :
 
Ten of Boys writes,

"Coward! LOL...I'll keep them...one of them is bond to make it rich and take care of their old mom."

You would be a coward too, if you had a girl like ours!

Take care of old mom! Ha! Our girl has already
convinced us to sign over deeds to most of
our homes! Won't be long she will have us in
the Sunshine Home for the Golden Years.

Shoot, during her high school and college years,
she kept catching me doing stuff I am not suppose
to do, then turned right around and blackmailed
me into allowing her to drive my Corvette. Heck,
she drove my car more than I did. Finally, I gave
up and bought her a Corvette of her own!

I cannot break this habit of mine of getting
myself into trouble. Seems to be in my genes
and what is in my jeans most often is what
gets me into trouble.

Yeah, those kids will take care of us, alright!

Purl Gurl
 
Posted by Dustoff 1 on :
 
mark a spot..
Ask 1.121
bid 1.12
last 1.121
vol..6.5 million

then about a minute later

Ask 1.175
bid 1.17
last 1.175

6.6 million shrs vol.
 
Posted by Dustoff 1 on :
 
Still holding 1000 shrs ALMI CST AV. 1.57

up $580.00 sold 250
 
Posted by Purl Gurl on :
 
Dusty, currently I am in ALMI at an average .36 per.

* sticks out her tongue *

Be sure to read current opinions in our ALMI thread.
Those opinions will guide you on what we think
is to come for ALMI.

Purl Gurl
 
Posted by 66inxs on :
 
good for you dusty. it seems like the ones of us who read, and listen, and learn, are doing pretty well this week. hope some of the others catch on !
 
Posted by Peaser on :
 
Geez, I might not see my 1.04 today. phoohey!
 
Posted by Dustoff 1 on :
 
Hey Whale! good to see ya in such a non-man eating mood! well almost...

Some of us are trying to do a comparisan of this crazy rabbit stock, so as to spot the next one building...

ASK 1.26
Bid 1.255
last 1.26

vol. 7.4 million
 
Posted by 10of13 on :
 
After profit takin I am up over 900% on FHAL...still have a small amount at .86...seein' what it may still do...but I covered my a$$ and made bank!

Lately I only take about 25% and am out...movin' on to the next! I don't like to hold more than a few days for the 25%
 
Posted by Dustoff 1 on :
 
me thinks if ya landlubbers are nice to the Whale she might have her lovely tail twisted and help us find the next crazy rabbit!

OH' NO!!

Whale Tail 'Slap!----------------> Dusty mush...


last 1.16
 
Posted by Purl Gurl on :
 
Watch it, Dusty! I may be prompted to become
an orca and view you as a fat seal.

You know I do not play these kinds of stocks.

Purl Gurl
 
Posted by Dustoff 1 on :
 
arkk arrk arkk heading to Sea Lion Caves ---------->FAST!


1.22 last
 
Posted by Dustoff 1 on :
 
CALL is taking off.....
 
Posted by Purl Gurl on :
 
I dunno, Dusty, I kinda like you. Maybe I will
turn you into a circus seal at Sea World.

Flap your flippers for me. Let's see how much
talent you have.

CHOMP! Hmmm... tasty.

Purl Gurl
 
Posted by ruskin_muskin on :
 
thx dusty for call... will keep it on radar for entry!
 
Posted by Peaser on :
 
1.23 x 1.25
 
Posted by Peaser on :
 
1.2499 x 1.25
 
Posted by 10of13 on :
 
Wanted to repost this up here...see what you all think...

10of13
Member


posted July 20, 2006 01:33 PM
--------------------------------------------------------------------------------

quote:
--------------------------------------------------------------------------------
Originally posted by cassity:

quote:
--------------------------------------------------------------------------------
Originally posted by Livinonklendathu:
as of 11-5-5 he owns 7.6 million shares of CVSU -do the math
--------------------------------------------------------------------------------

Exactly, how much are those worth right now! ZERO!
--------------------------------------------------------------------------------

Rufus needs this merger in order to get "his" shares of CVSU to be traded in the open market...and then the man is rich...this is what this boils down to...IMO

--------------------
Every penny loss is a lesson bought!
 
Posted by Peaser on :
 
1.315 stacking x 1.32
 
Posted by Peaser on :
 
Wow, the 1.315's got taken out rather quickly.
 
Posted by Peaser on :
 
1.27 x 1.28

1.27 x 1.30
 
Posted by Peaser on :
 
1.305 x 1.31
 
Posted by Peaser on :
 
1.30 NITE x 1.30 ARCA

Knife fight.
 
Posted by Peaser on :
 
looks like NITE brought a gun with him to the knife fight. lol

1.31 x 1.315
 
Posted by glassman on :
 
arca is acting wierd....
 
Posted by Jo4321 on :
 
too bad it never got down to our 1.10 fill , 10of13.

Next chance may be the EOD sell off. but who knows if that will even happen.

Jo
 
Posted by Peaser on :
 
1.37 x 1.38

1.375 x 1.38

1.38 x 1.38

1.38 x 1.39

1.36 x 1.37

1.34 x 1.34
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by glassman:
arca is acting wierd....

------------------------------------------------
This whole deal is weird! LMAO
Over the falls in the middle of the night at The Pipeline, crosses me pea brain...Where's me telescope!
 
Posted by Peaser on :
 
1.34 bounce.
 
Posted by glassman on :
 
it looks like arca jumps in trying to force down the bid and then buys a bunch... they are manipulating the L2s?
 
Posted by Peaser on :
 
This needs to close above 1.45 today for more green tomorrow IMO.
 
Posted by Peaser on :
 
That's what I see too glass.
 
Posted by Dustoff 1 on :
 
peaser you be stealing me line, to the plank! Landlubber...LOL

Always bring a Gun to a knife fight..You are learning, Lad..

That famous line was around before the Movie..
 
Posted by Peaser on :
 
1.355 stacking x 1.36
 
Posted by Peaser on :
 
LOL Dust. Thought I heard that somewheres. heh heh
 
Posted by Peaser on :
 
1.3699 stacking x 1.37

ARCA might fall this time around at 1.38?

Nope

1.3699 x 1.3699 ARCA on the Ask

Now ARCA is collecting on the push down as glass mentioned.
 
Posted by glassman on :
 
they just swtiched again straight across== ask to the bid...
 
Posted by Peaser on :
 
Southern Cali QUIN wants a piece of the action it appears as well on the Bid.
 
Posted by Peaser on :
 
1.28 - 1.30 possible bounce IMO.
 
Posted by Peaser on :
 
1.29 stacking x 1.30
 
Posted by Peaser on :
 
Geez, what idiot sold at 1.26 below the bid in there.
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by glassman:
they just swtiched again straight across== ask to the bid...

-----------------------------------------------
generaly a good indicater it's coming down..But with this stock you never know! LOL
 
Posted by Peaser on :
 
Needs to hold/bounce at 1.26 or it could tank IMO.
 
Posted by Peaser on :
 
1.30 x 1.31

1.30 x 1.30 ARCA

QUIN 1.305 x 1.30 ARCA

Who brought the gun?
 
Posted by glassman on :
 
bid ask upside down again...
 
Posted by Peaser on :
 
ARCA didn't mess with a knife that time, he learned sumpum. lol
 
Posted by 10of13 on :
 
Peaser...Do we need to fill the gap from this morning?
 
Posted by Peaser on :
 
ARCA is sucking up what he can on the bid, that's for sure.
 
Posted by Dustoff 1 on :
 
Big boards taking a bit of a shee-lacking..
just a mark for later study, well it's sumpin.
 
Posted by Peaser on :
 
quote:
Originally posted by 10of13:
Peaser...Do we need to fill the gap from this morning?

Apperently not. This never filled the gap the other day at .135 that we thought it would.

I wish it woulda, cause my buy was in there at .13 the other day. [Frown]
 
Posted by Newbie7 on :
 
I got out to with some profits.
Didn't come in early enough to make the money you guys made because my funds weren't ready.
Let's see how tonight's interview go first...
 
Posted by GreenDay on :
 
I swear! Rufus just took my call on his cell phone that is listed on their website 678-255-7650.

I asked "I own FHAL today. Am I guaranteed $15 a share on the 7/28 or 8/1 merger date on all my shares that I hold today. He said "yes hon - you sure are" I said "that sounds way to good to be true, how can you do that?" He said the regualtions of reorganizations allow companies to stop the market and reset the price per share at reorganization."
 
Posted by Dustoff 1 on :
 
nite arca even on bid ask
 
Posted by 66inxs on :
 
over 9 mil traded. the bulls are fighting the profit takers today. may drop fast again. am sure watching this one closely !
 
Posted by Purl Gurl on :
 
"He said the regualtions of reorganizations allow
companies to stop the market and reset the price
per share at reorganization."

* rolls her eyes again *

Reverse Split, a death knell for a stock.

Purl Gurl
 
Posted by GreenDay on :
 
Purl - please explain a little more - thks!
 
Posted by Peaser on :
 
Well, Rufas sure is a genius it appears at first glance. He even said that they won't do a revers split.

Hope he's honest.
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
ARCA is sucking up what he can on the bid, that's for sure.

Rufas claimed that "he is buying back shares at the bid"
 
Posted by glassman on :
 
PG it all comes down to the value of the assets they are holding...

why are you bringing RS to the table?
 
Posted by Peaser on :
 
1.34 x 1.35
 
Posted by 66inxs on :
 
r/s usually takes a penny to subpennyland like a rock in a lake - definitely death knell. don't hold these pennies more than absolutely necessary to make a profit, cash them, and shift some of your profits to a real investment like real estate, t-bills, etc. as suggested.
 
Posted by Peaser on :
 
Dem CVSU bonds er sum expensiav bonds.
 
Posted by GreenDay on :
 
I am just wondering why Purl thinks what Rufus said to me is an indication of R/S when he already said that there would be NO R/S.
 
Posted by Purl Gurl on :
 
"...stop the market and reset the price...."

The only way this can be accomplished
is a reverse split or a forward split.

A forward split will NOT increase share price.

Assets, HA! FHAL is bankrupt.

Purl Gurl
 
Posted by Peaser on :
 
Wait and see, some of us are still be-daffled over this. [Roll Eyes]
 
Posted by Peaser on :
 
quote:
Originally posted by GreenDay:
I swear! Rufus just took my call on his cell phone that is listed on their website 678-255-7650.

I asked "I own FHAL today. Am I guaranteed $15 a share on the 7/28 or 8/1 merger date on all my shares that I hold today. He said "yes hon - you sure are" I said "that sounds way to good to be true, how can you do that?" He said the regualtions of reorganizations allow companies to stop the market and reset the price per share at reorganization."

So coming out of bankruptcy(re-organizing) by way of a reverse merger could allow them to adjust the trading price is what he is saying IMO, if I am reading it clearly.
 
Posted by Purl Gurl on :
 
"...stop the market and reset the price...."

Jeesh, boys, stop and think for a minute.

Dang!

What he suggest is simply impossible.

A "reset of the price" can only be accomplished
through a split, no other way.

This returns to what Tex writes about a CEO or
other company executive, CANNOT set share price.

Purl Gurl
 
Posted by 66inxs on :
 
peaser maybe 10of13 is right about rufus trying to bring his worthless CVSU back into play again. his gain - our loss ! this has been a nice money maker the past few days but has gotten to risky right now imho. if they do a r/s it is worthless. time will tell !
 
Posted by Peaser on :
 
Wish we had someone with a PHD in Re-orginazation laws here. [Big Grin]
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by glassman:
PG it all comes down to the value of the assets they are holding...

why are you bringing RS to the table?

------------------------------------------------>submerged now, looking thru me periscope...Sumpin on the horizon, and steam and hell fire coming out it's spout...Me luckly, have an appointment...Diving deep! Good luck folks, this stock is nuts!
 
Posted by Purl Gurl on :
 
I write,

A "reset of the price" can only be accomplished
through a split, no other way.

Not quite. I know of two other ways this can
be accomplished.

Filing for Chapter 11 Bankruptcy leaving all
outstanding shares null and void. New shares
are issued at a set par value, then the market
determins actual trader perceived value.

Other method is to retire all shares, through
a variety of mechanisms, then issue new shares
as with my bankruptcy example.

A company CANNOT stop the market and set share price.
That is simply impossible.

For these circumstances, this must be a reverse
split, either outright or a reverse ratio of
new merger shares for old pre-merger shares.

Purl Gurl
 
Posted by Jo4321 on :
 
Just to gain some understanding.

Say I own 300 shares of FHAL and the current market price is $1.00 so I have $300.00 in my account.

If they need the price to be $15.00 per share, then they do a reverse split and now I have 20 shares of FHAL at $15.00 and my account still has $300.00.

I do not gain anything. I do not lose anything. I do not get 300 shares worth $15.00 a piece.

But the CEO stated that there will be no reverse split.

Jo
 
Posted by Purl Gurl on :
 
"Me luckly, have an appointment...Diving deep!"

You better duck when I surface to blow!

Whale
 
Posted by fhalyesss on :
 
hi Purl i am new to this, can u explain this??
I posted in on the other board earlier and nobody could explain it.

Thanks in advance

Hi guys, this is my first ever post. I have owned shares in this since .15 last week. I am based in the UK and trade through TD WaterhouseUK. Today i recieved a corporate action sent to my account as follows:

Stock: FRONTHAUL GRP INC
Action Type: Merger
Description: Fronthaul Group Inc and Conversion Solutions Inc announced that they signed a definitive agreement pursuant to which Conversion Solutions Inc agreed to acquire Fronthaul Group for cash.

The transaction is structured as a merger.
Under the terms of the merger, Fronthaul Group shareholders will receive USD7.21 in cash in exchange for each share held.

The effective date has not yet been announced.

?????????????????

Does this mean my shares will be worth this over night? It sounds like they will give me the money but are taking my shares?

Any thoghts on this? i only ever get these e-mails when i get a confirmed dividend.
 
Posted by Purl Gurl on :
 
"Does this mean my shares will be worth this over night?"

Yes, this means your shares will be worth the
price of a small pile of mule manure.

Why on Earth would a company give you free money?

You know that will never happen.

Purl Gurl
 
Posted by Peaser on :
 
lol, nice timing fh.
 
Posted by Purl Gurl on :
 
Jo has this perfectly figured out.

Takes a woman to think straight and talk straight.

;)

Purl Gurl
 
Posted by Peaser on :
 
1.31 x 1.33
 
Posted by glassman on :
 
i've been looking for any type of precedent that allows for this resetting of price PG...


i can't find any...
however? these guys are playing this on the filings PG there is either an angle? or they are toast...


RS doesn't make sense because the PPS being cacklacked on the value of the "assets"...
 
Posted by glassman on :
 
also Purl? i played SPEA last summer, and they did give me free money...
 
Posted by Peaser on :
 
1.30 needs to hold.

1.315 x 1.32
 
Posted by 10of13 on :
 
CVSU is a private company (owned buy Rufas and Stanley)
"They" want to be able to trade those stocks
CVSU "claims" they are worth at least $15/share

CVSU buys FHAL (already done),
They will merge
Old CVSU share holders will get 1 share of "FHAL" shares for each CVSU they have
(really RUFAS AND STANLEY will now have 2 shares of the "merged" company)
All shares are now called "CVSU"...
If on the close of day on the first trading day of the "new" ticker symbol..CVSU...does not close at or above the $15.00 mark...all CVSU holders(forget about the symbol of FHAL..it no longer excists)will recieve the difference in $...

Why does this sound "rediculas"? Stanley and Rufas..."own" CVSU...they are buying up shares of FHAL to bring the PPS up...(supply and demand)
They will "own" so many shares of the new stock...I can't even imagine...even if they pay the difference to share holders...they will be able to retire...just as Rufas stated in his "chat" session..he can retire in 2-3 months...

My guess is...that on that second trading day of the new stock...they dump ALL those shares that they have bought up the past few weeks...talk about mega bucks!
 
Posted by 10of13 on :
 
News out!
 
Posted by Purl Gurl on :
 
Jo, adding a technical aspect to this.

Fractional shares are generated during a split.
You might end up with 1000.32 shares. The company
will keep the .32 share you have.

Sometimes, if you end up with 1000.55 shares,
an example, a company will round up and give
you 1001 shares. This does not happen often.

Bottom line is share holder percentage interest
is reduced, less equity, and the company equity
is increased, less indebtedness to share holders.

A reverse split, however effected, almost always
harms share holders and benefits a company.

Addtionally, very common for new authorized shares
to be printed after a reverse split. This places
the company in a majority share holder position
and leaves share holders with less than minority
interest. End result is a company does not have
to call for a proxy vote by shareholders; company
has sole voting power on issues.

This is how NDOL screwed share holders; a loophole
in Florida law, in this case.

Purl Gurl
 
Posted by Peaser on :
 
Hmm, but won't those new shares held by officers be restricted 10?
 
Posted by Jo4321 on :
 
Next time someone gets him on the phone, instead of asking "will my shares be worth $15.00?" Ask "will I have the same number of shares that I have right now, worth $15.00"

In the 8K, there was a provision for them to do a split, correct? If this is the case then the only thing we are relying on is the word of the man. (who, by the way, is weasling out of the interview tonight according to a post on IHUB)

Jo
 
Posted by Jo4321 on :
 
Conversion Solutions, Inc. Announces Important Additions to the Executive Team for AISS

Thursday , July 20, 2006 14:49 ET

KENNESAW, Ga., July 20, 2006 /PRNewswire-FirstCall via COMTEX/ -- Conversion Solutions, Inc. (OTC: CVSU), (OTC Bulletin Board: FHAL), a Delaware Corporation is proud to announce the addition to our Executive staff of Mr. Kuczynski and Mr. Eirich.

Mr. Kuczynski and Mr. Eirich will hold the CVSU Board of Director positions in the joint venture corporation American International Smart Structure (AISS).

"CVSU would like to welcome to the company structure Mr. Kuczynski and Mr. Eirich, we believe that their addition to our Executive staff will be a great start to the launch of AISS," stated COO Ben Stanley.

"I am very excited about my opportunity to become an employee of CVSU. It is an honor to be included with the existing distinguished members of CVSU and its strong management team. I look forward to my involvement in the AISS project as well as the other innovative programs of CVSU. I would be remiss if I did not extend an extraordinary thanks to Ms. Sabra Dabbs, Executive Vice President, for her efforts and support," stated Tom Kuczynski.

"It is with great excitement and enthusiasm that I join the team at Conversion Solutions. In particular, I look forward to making a substantial contribution to the success of the Smart Structures Project as well as to the other project under development at CVSU, and I extend my sincere appreciation to Ms. Sabra Dabbs, Executive Vice President for making this opportunity possible," stated Don Eirich.

Mr. Kuczynski and Mr. Eirich have a combined experience of over 40 years of service within the U.S. Government and as representatives of a wide range of international and U.S. companies within the Washington establishment. Their influence within Washington is based on their strong ties to the majority Republican Party which currently controls the White House and both houses of Congress. Their individual qualifications and accomplishments are listed below:

Thomas Kuczynski

For the past 25 years Mr. Kuczynski has been a principal lobbyist for a major U.S. natural gas company. During that time he developed very close relations with congressmen and senators, particularly from the Republican Party. His efforts in raising millions of dollars in campaign funds for these Republican officials have been greatly appreciated, and his influence among members of Congress is widely recognized within the Washington lobbying community. As a result of this funding support, Mr. Kuczynski has been able to achieve numerous victories within the Congress for his clients. He has particularly strong ties to the chairmen of the House Appropriation Committees. These powerful congressmen determine which programs will be funded in each year's budget.

Don Eirich

After serving 20 years in the U.S. Marine Corps, Col. Eirich was appointed by the Republican Reagan White House to serve as the Director of Southeast Asian Affairs in the Department of Defense. In that capacity, Eirich was recognized as an expert on Southeast Asia and was awarded the Secretary of Defense's Medal for Outstanding Public Service in recognition of his contribution to the successful transfer of power between the Marcos and Aquino Administrations in the Philippines. During this time he was responsible for maintaining the defense relationship with the Philippine Armed Forces against criticism within the Congress and became a trusted associate of the Honorable Caspar Weinberger, the former Secretary of Defense, the Honorable Richard Armitage, the former Deputy Secretary of State, and the Honorable James Kelly, the former Assistant Secretary of State for East Asia. Upon leaving the U.S. Government, Col. Eirich became an effective representative of companies wishing to do business in Washington. One of his notable clients was Indonesian Aircraft Industries (IPTN). While under contract with IPTN, Col Eirich obtained the agreement of the U.S. Department of Transportation to establish a procedure that would lead to the granting of an FAA airworthiness certificate for the CN-235. Col Eirich was also able to obtain the agreement of the U.S. Department of Defense to offer financing for a sale of the CN-235 to the Philippine Air force.

Colonel Eirich, a graduate of the U.S. Naval Academy, is currently a senior official with an NGO, the U.S.-Indonesia Society (USINDO). In that capacity, he handles defense affairs and relations with the Congress. Last year Colonel Eirich led a successful effort on the Hill that resulted in the restoration of defense relations between the US and Indonesia.

"A great addition to our staff, and I think that their resumes say it all," stated Rufus Paul Harris.

About Conversion Solutions, Inc

CVSU is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CVSU's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CVSU is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.

Current Joint Venture Corporations
American International Smart Structure
Brittenum Brothers Entertainment, Inc.
Rocky Road Records, Inc.
Seko Management Inc.
Consolidated Mastering, Inc.

Current wholly owned CVSU Subsidiaries
Tserof Holdings Inc
CVSU Coffee Shop
Equine Solutions, Inc
Stargate Productions, Inc.
 
Posted by Peaser on :
 
1.33 x 1.34
 
Posted by GreenDay on :
 
Purl - Would you be willing to call Rufus? since you know so much about the regulations. I'd call again but I don't know what questions to ask when he gives me the technical mumbo gumbo. I know you say you aren't in this, but since you take the time to post here and help us all out your phone call time would certainly be most appriciated.
 
Posted by glassman on :
 
LOL...
 
Posted by Peaser on :
 
ROFL
 
Posted by Jo4321 on :
 
quote:
Why does this sound "rediculas"? Stanley and Rufas..."own" CVSU...they are buying up shares of FHAL to bring the PPS up...(supply and demand)
They will "own" so many shares of the new stock...I can't even imagine...even if they pay the difference to share holders...they will be able to retire...just as Rufas stated in his "chat" session..he can retire in 2-3 months...

My guess is...that on that second trading day of the new stock...they dump ALL those shares that they have bought up the past few weeks...talk about mega bucks!

That sounds a lot like someone posted on IHUB last night:

quote:
In one common scam, penny-stock promoters may pump up shell stock values by touting a merger with a private company, then dump their own shares before the merged company's low value becomes obvious.

Jo
 
Posted by Purl Gurl on :
 
"Purl - Would you be willing to call Rufus?"

Here is an alternative. You boys play this one
for all it is worth, make as much money as you
can on volatility.

Before this merger, get the F-word out. There is
not a chance this company will give you free money.

You can call, you can talk, you can demand, but
a company will only tell you what that company
wants you to know, nothing more.

Have you carefully read how many loopholes there
are in company statements? Lawyers have left this
company with unlimited options and placed this
company in a position of no liability regardless
of what actions the company follows. Those news
releases are legalese gibberish designed to fool
the public into buying.

Play this one for profit but never lose thought
share price could crash a dollar per share in
less than five minutes.

Purl Gurl
 
Posted by Jo4321 on :
 
Do you think Rufus could handle Purl?

Jo
 
Posted by GreenDay on :
 
If anyone could figure out if he's the real deal and just full of BS - Purl could
 
Posted by Peaser on :
 
quote:
Originally posted by Dustoff 1:
The product: Salvaged logs from rivers and tributaries of the Amazon..

Hardwoods that have great value...
A mechanism for recovery and transport..

This alone is a very good high stakes venture, as ventures go...Don't have to have a rock in Science to understand the buisness..It is not High tech..

Looking for other companies doing or proposing same, which are already established and far less in contrariety may be wise..

I get a sense of sophistication of intent...Intent to sell stock...Raising funds by CVSU?
The buying up of the float, by the company?
The "Audit"?
Filing with the SEC, is no expedition into Graffiti..There are penalties...
Pumping machines in High gear accross the net..
We also have to take into consideration the gambling habits of many differant groups..
Hong Kong loves to gamble..As do far to many Americans...We have to admit to ourselves that this stock can be intoxicating when running..

A high with Victory! A low with defeat...
The Human elements run high in this stock, making discipline difficult at best..

You weren't kiddin'

Ders gold in dem dar timbers. arrrrrrrrrrrrrrrr!
 
Posted by glassman on :
 
nope
 
Posted by 10of13 on :
 
PURL...I completely agree...

Purl writes:
Here is an alternative. You boys play this one
for all it is worth, make as much money as you
can on volatility.

Before this merger, get the F-word out

(P.S. Green Day is one of "us" purl)
 
Posted by Free Muney on :
 
seems to be solid resistance at the 1.35-1.36 range
 
Posted by Purl Gurl on :
 
I write,

"Play this one for profit but never lose thought
share price could crash a dollar per share in
less than five minutes."

This, Jo, is why I wanted you to get out.

I have watched, thousands of times, share prices
crash ten cents, fifty cents, a dollar, three dollars
in only a matter of minutes, literally.

You cannot enter orders fast enough to keep
up with a hard fast crash, nor will your orders
be executed fast enough. Only way you can beat
a crash like this is to enter sell orders at
least fifty percent below whatever current
price is, at the very moment.

Chances are good, your orders will be skipped
over because of high volume.

This is a stock you should not hold for more
than thirty minutes, at any given time.

Purl Gurl
 
Posted by Purl Gurl on :
 
"(P.S. Green Day is one of "us" purl)"

No problem. I treat everyone equally.
I yell at all of you!

Purl Gurl
 
Posted by Jo4321 on :
 
So we just have to figure out when to get in to play on the volatility again. And when to get out.

I really need to fold some laundry, but I'd like to see if there is an end of the day dip.

Jo
 
Posted by Peaser on :
 
1.349 x 1.35
 
Posted by GreenDay on :
 
lol
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
"(P.S. Green Day is one of "us" purl)"

No problem. I treat everyone equally.
I yell at all of you!

Purl Gurl

I meant female...and you usually whip the males..not "us" females...and that's not equal...even though it may be more fun!
 
Posted by showme$ on :
 
Hello, i am a new member. quick question:
what do you think of EGIL?
 
Posted by Jo4321 on :
 
wow, "Rufus" posted the PR on IHUB. Curiouser and Curiouser.......

There was that guy from BBAN on there that said those two (Harris and Stanley) were very good pumpers and that BBAN probably wishes they didn't fire them.

Jo
 
Posted by Peaser on :
 
1.32 x 1.33
 
Posted by Purl Gurl on :
 
"I meant female...and you usually whip the males..
not "us" females..."

Yes, I figured when Rufus called her "Hon" in talking.

Well, unless Rufus is, hmm.. well.

She needs to be introduced to me! No sexism on
my part; I yell at everyone equally.

We are blessed. Four, no five of us women counting
Granny. We now have these hundred or so boys
completely outnumbered; they are surrounded!

Purl Gurl
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:
nope

I did a little research on the wood down in the Amazon, and it ain't cheap stuff. geez.

Now, how do they get it out o da submerged mud?
 
Posted by showme$ on :
 
egil? anybody...?
 
Posted by Jo4321 on :
 
This is the FHAL thread.
 
Posted by 10of13 on :
 
Purl Gurl writes:
She needs to be introduced to me! No sexism on
my part; I yell at everyone equally.

Hey Purl...This is GreenDay...consider your selves "introduced"...

(That's all I got when Tex introduced us...so that's all I am givin.. [Razz] )
 
Posted by Newbie7 on :
 
End of Day Bodyslam...
 
Posted by 66inxs on :
 
pg wrote:

We are blessed. Four, no five of us women counting
Granny. We now have these hundred or so boys
completely outnumbered; they are surrounded!

my 6 y.o. calls that "girl-trapped" !
 
Posted by 10of13 on :
 
Peaser..the wood info is in the other thread..(under .10) It actually can be worth alot of lute...plus they get some type of "credit" for removing it...
 
Posted by Purl Gurl on :
 
Greenday, I hope you will stay with us here
at Allstocks, despite my presence.

I am thinking there are enough women here, now,
we can redecorate. I am thinking Ralph Lauren
pastels, say Belmont Pink or Aruba Pink. This
would be beautiful for the walls around here.

Maybe French Pink for the windows.

http://rlhome.polo.com/rlhome/products/paint/default.asp

Click on "Paint Palette"

Purl Gurl Pink
 
Posted by Peaser on :
 
Well, I'm out for now. It fell below the 1.30 support line I had on the chart, so I sold it.
 
Posted by T e x on :
 
quote:
Originally posted by fhalyesss:
hi Purl i am new to this, can u explain this??
I posted in on the other board earlier and nobody could explain it.

Thanks in advance

Hi guys, this is my first ever post. I have owned shares in this since .15 last week. I am based in the UK and trade through TD WaterhouseUK. Today i recieved a corporate action sent to my account as follows:

Stock: FRONTHAUL GRP INC
Action Type: Merger
Description: Fronthaul Group Inc and Conversion Solutions Inc announced that they signed a definitive agreement pursuant to which Conversion Solutions Inc agreed to acquire Fronthaul Group for cash.

The transaction is structured as a merger.
Under the terms of the merger, Fronthaul Group shareholders will receive USD7.21 in cash in exchange for each share held.

The effective date has not yet been announced.

?????????????????

Does this mean my shares will be worth this over night? It sounds like they will give me the money but are taking my shares?

Any thoghts on this? i only ever get these e-mails when i get a confirmed dividend.

where *did* this come from? this part:

quote:
Fronthaul Group Inc and Conversion Solutions Inc announced that they signed a definitive agreement pursuant to which Conversion Solutions Inc agreed to acquire Fronthaul Group for cash.


 
Posted by GreenDay on :
 
Nice to meet you Purl!

Peaser - are u out cause we are redecorating or because the price is falling?
 
Posted by 10of13 on :
 
Tex..I think that he took that from the message that his "broker" sent him...
 
Posted by Purl Gurl on :
 
"Now, how do they get it out o da submerged mud?"

Trained mud sharks. Frank Zappa, now headquartered
in a higher place, and crew train and sell mud
sharks, even have a song about their mud sharks.

Mud Sh-sh-shark

THE MUD SHARK DANCING LESSON!

Mud Sh-sh-shark
We're gonna do a little dancing,
A little dancing thing called the Mud Shark
Now, this dance started up in Seattle

Lemme tell you 'bout the Mud Shark...

http://www.science.uva.nl/~robbert/zappa/albums/Fillmore_East_June_1971/02.html

(have that live album)

Purl Gurl
 
Posted by 10of13 on :
 
quote:
Originally posted by GreenDay:
Nice to meet you Purl!

Peaser - are u out cause we are redecorating or because the price is falling?

LMAO!
 
Posted by Jo4321 on :
 
Now you can breathe a sigh of relief, right Peaser?

I'm still thinking of getting in on an EOD dip, so that I don't have to worry about that R/T thing. My current entry point is .98, not sure it will go that low though.

Jo
 
Posted by Purl Gurl on :
 
Greenday naively writes,

"Nice to meet you Purl!"

You will change your mind on that.

Purl Gurl
 
Posted by Peaser on :
 
quote:
Originally posted by GreenDay:
Nice to meet you Purl!

Peaser - are u out cause we are redecorating or because the price is falling?

lol, just cause of what I saw on the chart basically.

I may play this again tomorrow, we'll see.
 
Posted by Jo4321 on :
 
When I called Ameritrade and asked about what would happen with my stocks, they told me to call the company RFOL!

JO
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
Tex..I think that he took that from the message that his "broker" sent him...

well, i shore would like to the original...sho' would...
 
Posted by 66inxs on :
 
ralph lauren, the mad genius of the fashion industry. fascinating bio btw.

btw FHAL us at 1.18 as we speak so peaser probably did well to dump it. and i feel better about not trying to jump in on this today. i would have lost my a$$. thanks, all !!!!!
 
Posted by Peaser on :
 
quote:
Originally posted by Purl Gurl:

Trained mud sharks.

I wonder how dem taste?

Tasty critters?
 
Posted by Purl Gurl on :
 
"i would have lost my a$$."

Wish I could lose some of mine.

* slaps her butt *

See how my butt jiggles like fifty gallons of jello?

Disgusting, simply disgusting.

Purl Gurl
 
Posted by Peaser on :
 
The chart pattern is similar to yesterdays.

There could be a bounce in the final 15 minutes, or not.
 
Posted by Purl Gurl on :
 
"I wonder how dem taste?
Tasty critters?"

Depends on what you stuff them with.

Hmm, maybe you should read Zappa's lyrics,
learn to do the Mud Shark Dance.

Purl Gurl
 
Posted by Peaser on :
 
mmm jello.
 
Posted by Peaser on :
 
10 of wonderwomen, that gap might just close up here.
 
Posted by 66inxs on :
 
you sure don't want to lose it that way !

my radar is almost solid red today so i think i'll do dd till monday cuz tomorrow may be a really weak day. however. you never know.

guess its better to have red radar than a red portfolio ! hope you all are having better luck.
bad fishing for me today, got skunked dusty !
 
Posted by T e x on :
 
quote:
Originally posted by Peaser:
10 of wonderwomen, that gap might just close up here.

what needs to fill?
 
Posted by Purl Gurl on :
 
Jo writes,

"I'm still thinking of getting in on an EOD dip"

Loss Leader buying /selling stopping near the
close of market. Points directly to pump & dump.

I have some articles around here on this.

Purl Gurl
 
Posted by Free Muney on :
 
Lots of EOD selling.
 
Posted by Jo4321 on :
 
quote:
Loss Leader buying /selling stopping near the
close of market. Points directly to pump & dump.

I have some articles around here on this.

Purl Gurl

But as long as I'm going in with my eyes open, it should be okay.

Bought yesterday at the EOD for $1.04 and then sold during the day for 1.37.

Maybe too risky to try again?

Jo
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
10 of wonderwomen, that gap might just close up here.

Yep...looks filled...and I grabbed some...I'll see tomorrow if I should be shot...unless i just shot myself!
 
Posted by Purl Gurl on :
 
"Maybe too risky to try again?"

You have to decide! You have four minutes.

Purl Gurl
 
Posted by Purl Gurl on :
 
(never hold a stock like this overnight)

Three minutes...

Purl Gurl
 
Posted by Jo4321 on :
 
LOL! Didn't have to worry about it, my order for $1.09 didn't go through.

Jo
 
Posted by 66inxs on :
 
jo, you made money cuz this was a gapper probably on the p/r yesterday. no gap = no gain. those of us who weren't holding got effectively frozen out of today's action. huge risk here imho. listen to what pg told you, this stock is up right now on pure fluff. take the money and run....
 
Posted by Jo4321 on :
 
I wonder if Harris will actually go through with the interview. That should be interesting.

Jo
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
quote:
Originally posted by Peaser:
10 of wonderwomen, that gap might just close up here.

Yep...looks filled...and I grabbed some...I'll see tomorrow if I should be shot...unless i just shot myself!
arrrrhhhhh---lol, what *was* the gap? I'm confused...
 
Posted by Purl Gurl on :
 
Time is up! Whatever decision, you are stuck with it!

Time for me to go over to a rental to help load
a truck with junk and garbage for the dump.

* looks at her nails *

Maybe I should remove my French Cut nails first.
Yeah, this will buy me a couple of hours.

Purl Gurl
 
Posted by T e x on :
 
quote:
Originally posted by Jo4321:
I wonder if Harris will actually go through with the interview. That should be interesting.

Jo

when/where the interview, please?
 
Posted by Peaser on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by Peaser:
10 of wonderwomen, that gap might just close up here.

what needs to fill?
It filled. There was a gap up today at the open to about 1.40 from about 1.05ish from yesterdays close.
 
Posted by Hannibull on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by Jo4321:
I wonder if Harris will actually go through with the interview. That should be interesting.

Jo

when/where the interview, please?
they said on Ihub that the interview won't happen because they only have room for 200 listeners (not sure if THAT is his argument, but there you have it, no interview).
I sold my shares at 1.24, thought about getting back in around 1.11 but I decided to wait
 
Posted by Jo4321 on :
 
What's this $1.49 on this now? Same as last night with the $1.46?

I know this is probably just manipulation so that it will gap in the AM.

Good luck, 10of13, looks like you may have a good play tommorrow.

Jo
 
Posted by T e x on :
 
quote:
Originally posted by Hannibull:
quote:
Originally posted by T e x:
quote:
Originally posted by Jo4321:
I wonder if Harris will actually go through with the interview. That should be interesting.

Jo

when/where the interview, please?
they said on Ihub that the interview won't happen because they only have room for 200 listeners (not sure if THAT is his argument, but there you have it, no interview).
I sold my shares at 1.24, thought about getting back in around 1.11 but I decided to wait

Uhhh..."who" has room for only 200 listeners?
 
Posted by T e x on :
 
quote:
Originally posted by Peaser:
quote:
Originally posted by T e x:
quote:
Originally posted by Peaser:
10 of wonderwomen, that gap might just close up here.

what needs to fill?
It filled. There was a gap up today at the open to about 1.40 from about 1.05ish from yesterdays close.
so I'm getting bad data from Scottie again? There was never a low of .90 ?
 
Posted by 66inxs on :
 
jo you will probably not know the gap if any until about 30 minutes b4 the market opens and then it will be too late probably. i think you lucked out when your order did not fill but we will both find out tomorrow am. good luck on your recent gains !
 
Posted by Peaser on :
 
No low at .90 from what I saw on the last sale tex.

I got that .90 in my account too as the low, but I doubt it's legit.
 
Posted by Hannibull on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by Hannibull:
quote:
Originally posted by T e x:
quote:
Originally posted by Jo4321:
I wonder if Harris will actually go through with the interview. That should be interesting.

Jo

when/where the interview, please?
they said on Ihub that the interview won't happen because they only have room for 200 listeners (not sure if THAT is his argument, but there you have it, no interview).
I sold my shares at 1.24, thought about getting back in around 1.11 but I decided to wait

Uhhh..."who" has room for only 200 listeners?
my apologies [Wink]
it's this website, but you have to register:

http://traderscorner.p r o b o a r d s79.com/index.cgi?action=display&board=general&thread=1153373426&page=1

without spaces
 
Posted by T e x on :
 
quote:
Originally posted by Peaser:
No low at .90 from what I saw on the last sale tex.

I got that .90 in my account too as the low, but I doubt it's legit.

lol--reply on other thread on other thread said it dipped to .90 during lunch . . .
 
Posted by T e x on :
 
well, more craziness--ran a daily chart at bigharts.com...the chart shows no dip to .90, BUT they do list the LOD as .90.

Somebody's feeds are messed up...
 
Posted by Peaser on :
 
Fat finger, not an actual dip.
 
Posted by Hannibull on :
 
ok so the interview will happen after all? mixed messages on Ihub *laughs*... anyway see for yourself, link is a few posts up

8PM central time
 
Posted by Dynamite on :
 
quote:
Originally posted by Peaser:
No low at .90 from what I saw on the last sale tex.

I got that .90 in my account too as the low, but I doubt it's legit.

Its just MM's grabbing some shares.
 
Posted by T e x on :
 
quote:
Originally posted by Dynamite:
quote:
Originally posted by Peaser:
No low at .90 from what I saw on the last sale tex.

I got that .90 in my account too as the low, but I doubt it's legit.

Its just MM's grabbing some shares.
ohhh--how can you tell?
 
Posted by glassman on :
 

The Merger qualifies as a tax-free reorganization under Section 368 of the Internal Revenue Code of 1986, as amended, meaning that as the Reorganized Holdings Corporation begins to trade it has an option to adjust the market (trading price) to reflect the new Reorganized Holdings Corporations audited financials as it reflects on the per share book value.


this is what somebody came up with...

getting more interesting... more shade than a three hundred year oak but interesting as heck
 
Posted by T e x on :
 
Glass,

ya know, I noticed that phrase in the filing...

anyway, long story short--my post from the other thread:

"opens a whole new line of inquiry...

don't know much about these things, but it does seem to limited to specific entities:

quote:
Section 1.351-1(c)(1) states that a transfer to an investment company
will occur when (i) the transfer results in diversification of the
transferors' interests and (ii) the transferee is a Regulated Investment
Company (RIC), Real Estate Investment Trust (REIT), or a corporation more than
80 percent of the value of whose assets (excluding cash and non-convertible
debt obligations) are readily marketable stocks or securities. Section 1.351-
1(c)(5) provides that a transfer ordinarily results in the diversification of
the transferors' interests if two or more persons transfer nonidentical assets
to a corporation in the exchange.
http://www.irs.gov/pub/irs-regs/co-19-95.txt

have no idea whether their bonds would qualify as "readily marketable," but would like surely like to understand the mechanism of adjusting "market (trading price)." "
 
Posted by glassman on :
 
well, we can honestly say that just when we thought we had seen everything? we find somebody with even more creativity...

i like this one....

i am not about to say it's really worth what the guys says it is, but he did file this with the SEC...

those big blocks going on the ticker after hours? i SUSPECT that the MM's are putting them together during trading hours for somebody... a large limit order?
 
Posted by T e x on :
 
what do you like?

I liked the logs--never hear much about them, anymore... [Frown]
 
Posted by 10of13 on :
 
So Tex...and all..."he" can "regulate" the price...because "CVSU" has purchased FHAL and FHAL is going through a "name" change to CSVU and it is "being reorginized" so this quote from above applies: "...or a corporation more than
80 percent of the value of whose assets (excluding cash and non-convertible
debt obligations) are readily marketable stocks or securities."
 
Posted by glassman on :
 
this guy has come up with a whole new scheme...

reverse mergers have alwyas been been of interest to me...

PG is correct to warn people to be careful here...

reverse mergers are always a place where values come into question.... and yes they often sound too good to be true....

but they aren't always...
 
Posted by P Rowds on :
 
hey tex... you havn't heard much about the log thing cuz they have to go a different route according to ben stanley. talked to him about it 2 days ago. something happened where it's going to take a little more time (i know, i don't have the details cuz i didn't really understand them that well) but he said they *will* be going through with it...
 
Posted by portman on :
 
quote:
Originally posted by glassman:

The Merger qualifies as a tax-free reorganization under Section 368 of the Internal Revenue Code of 1986, as amended, meaning that as the Reorganized Holdings Corporation begins to trade it has an option to adjust the market (trading price) to reflect the new Reorganized Holdings Corporations audited financials as it reflects on the per share book value.


this is what somebody came up with...

getting more interesting... more shade than a three hundred year oak but interesting as heck

Makes a little sense...but only if the market supports it.
 
Posted by glassman on :
 
well? here's the deal...
people are asking why not just sell the bonds...

the bonds can be used to collateralise loans for their busineses.. of which it appears there are several

how valuable they are to be used as colateral is not area my of expertise..

i can't say they will be able to borrow ANYTHING against them......

on the other hand? Venezuela is oil rich and not exactly our ally...but they have cash flow don't they?
 
Posted by 10of13 on :
 
Glass or anyone..the shares that "Rufas" has been buying up for FHAL...would that count in this equation?
 
Posted by T e x on :
 
now, those shares seem readily marketable...

minute by minute, lol
 
Posted by glassman on :
 
i don't know...

i do know that he had to announce his intention to buy them in a filing because of the 5% rule...
 
Posted by T e x on :
 
seriously? I doubt owning shares of "yourself" counts...but, hey, I never heard of this before...

Glass? how did that SPEA deal work? mechanics...
 
Posted by glassman on :
 
can't find the symbol for the new comapnay now....
http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/2/t/005798.html?#000000

i got in and out a couple times....
we had no idea if it was for real at first,
i caught it on microcap screener set for reverse merger and buyout news...

it seemed too good to be true and we had no idea how much of the estate was going into it...

the MM's get hit on these because they don't do DD on the co's they are trading...
i didn't hold it for more than a few hours each time...

[ July 20, 2006, 20:20: Message edited by: glassman ]
 
Posted by 10of13 on :
 
quote:
Originally posted by glassman:
i don't know...

i do know that he had to announce his intention to buy them in a filing because of the 5% rule...

Right..but how long does he have before he needs to file that? It seems that I have seen several that don't file it for several weeks...if not months..
 
Posted by glassman on :
 
here's why i couldn't find the symbol:
Simultaneously with the closing on the Presley assets, Mr. Sillerman, through an affiliated entity, expects to acquire approximately 94 percent of the common equity of Sports Entertainment Enterprises, Inc. [OTC BB:SPEA.OB], an inactive publicly traded company, through which the business of CKX will be conducted. The transaction is subject to certain closing conditions and there can be no assurance that the transaction will be consummated or, if consummated that SPEA will necessarily be the investment vehicle. Following completion of the transaction, Mr. Sillerman plans to seek shareholder approval to change the name of SPEA to CKX, Inc. and also plans to make application to trade the public stock of SPEA on a national securities exchange, though any such listing would remain subject to the approval of the exchange. Additionally, Mr. Sillerman has agreed that, subject to certain minor conditions and exceptions, he and certain of his affiliates will conduct all of their active media and entertainment-related activities through CKX.
 
Posted by 10of13 on :
 
This was posted on the other thread...it is from the interview that Rufas is having right now..

Send us a link http://www.sec.gov/Archives/edgar/data/757563/000129707706000046/fhaul8-kmergers igned.htm from Rufus and here is another link that defines the reorganization http://www.irs.gov/pub/irs-drop/rr-01-24.pdf from Rufus. I'm doing this as he is talking so forgive.
 
Posted by 10of13 on :
 
This is from the interview

fryyguyy
Member


Member Rated:
posted July 20, 2006 09:23 PM
--------------------------------------------------------------------------------
this guy who is moderating is an idiot. The current float is a hard question to answer and Rufus says that there should NOT be a Float out there. We have traded over 100 million in the last week and he believes that there is many shorters out there.
 
Posted by glassman on :
 
the MM's look short to me..

the way they kept forcing it down didn't look right....

this happened before too...
the MM's don't DD everything they trade..
 
Posted by T e x on :
 
how is the float hard to figure?

Glass: When Wally first asked my opinion, I pointed out how easy it falls vs volume/trades req'd to climb--that's right there on the charts; not disagreeing, simply saying this is not "new"
 
Posted by Purl Gurl on :
 
Subsidiaries,

One exists only as a webpage, no customers, no revenue.

Record company is website only, with three albums
for sale by unknown artists.

Remainder appear to not exist.

___

** Current Joint Venture Corporations

American International Smart Structure
http://www.waatle.com/1092912.html
no customers, no revenue

Brittenum Brothers Entertainment, Inc.
http://www.finanznachrichten.de/nachrichten-2006-02/artikel-6017672.asp
(appears to not exist - Raven Moon type company)

Rocky Road Records, Inc.
http://www.ambassadorsofamericanculture.com/rockyroadr/index.html#the%20store
three unknown albums for sale
check only, no credit card facilities

Seko Management Inc.
http://n01.moneycentral.msn.com/category/topicarticle.asp?feed=PR&Date=20060427& ID=5677584&topic=TOPIC_VENTURE_CAPITAL&iSub=1
"Run By Love" appears to not exist.

Consolidated Mastering, Inc.
(appears to not exist)

** Current wholly owned CVSU Subsidiaries

Tserof Holdings Inc
(appears to not exist)

CVSU Coffee Shop
(appears to not exist)

Equine Solutions, Inc
(appears to not exist)
Possibly: http://www.equinesolutions.ca/
Doubtful same company

Stargate Productions, Inc.
(appears to not exist)
Doubtful this is the "Stargate SG1" producers

___

Purl Gurl
 
Posted by glassman on :
 
PG the bond is verified and in the filing...
you know me, i'm gonna trade....

i'm not even supposed to be posting picks based on my self-imposed rule...

reverse mergers are definitely not for the faint of heart and i am in no way suggesting to anybody to hold...

there's been so much BS flying in every direction on this thing that i'm noteven gonna try to set it all straight...

i learned something new too... there is a way to legally re-set the opening price....
this will be seen again... sooner, rather than later, i bet..
 
Posted by blue_in_MI on :
 
quite the interesting case, this FHAL. seems to be catchy, this whole buyout/merger play lately: IDWD, NDOL, GFCI, FHAL, probably some others I'm missing.

i have no opinion or commentary on FHAL, know absolutely nothing about the company. if past history is any indicator though: it's generally a good idea to get in early and then get out early with these types of PR's and deals. are sure fun to watch though.
 
Posted by T e x on :
 
"set opening price"

I'm gonna learn about that, for sure...
 
Posted by glassman on :
 
quote:
Originally posted by T e x:
"set opening price"

I'm gonna learn about that, for sure...

that was what had me just watching for two days...

i couldn't find the precedent..
 
Posted by Purl Gurl on :
 
"there is a way to legally re-set the opening price...."

How?

Without a split, bankruptcy, share retirement,
cancel of shares, how?

Purl Gurl
 
Posted by T e x on :
 
quote:
Originally posted by blue_in_MI:
quite the interesting case, this FHAL. seems to be catchy, this whole buyout/merger play lately: IDWD, NDOL, GFCI, FHAL, probably some others I'm missing.

i have no opinion or commentary on FHAL, know absolutely nothing about the company. if past history is any indicator though: it's generally a good idea to get in early and then get out early with these types of PR's and deals. are sure fun to watch though.

OT:
Blue, one that seemed to "get lost" to me was the SMKT dealie last summer; Texas Prototypes took over...as I recall, seemed like a "real company" with contracts, awards, etc...

do you happen to be familiar?
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
"there is a way to legally re-set the opening price...."

How?

Without a split, bankruptcy, share retirement,
cancel of shares, how?

Purl Gurl

that's what i've been saying...
we are gonna have to wait and see the true answer for sure...
it has something to with re-organisation of co that brings assets in the form of TAX-free(?)BONDS...

Venezuelan bonds ok? i guess.....
 
Posted by Purl Gurl on :
 
A pretend circumstance.

On merger effective date, FHAL is trading at 2.00
per share. Many are claiming this company will
pay a cash difference; 15.00 minus 2.00 - 13.00
cash per share. Actual amount is unimportant.

How will this company produce the money? FHAL
is bankrupt, this merger company does not trade
and appears to have zero revenues.

Where will this company come up with millions
and millions in cash to pay share holders?

More important, why would the company do this?

Purl Gurl
 
Posted by glassman on :
 
why did Lisa Marie sell her daddy's name?

i suspect the MM's are trying like hell to cover a short here too....



CONVERSION SOLUTIONS, INC.
(A Development Stage Company)
Statement of Cash Flows
January 1, 2006 - March 31, 2006

OPERATING ACTIVITIES

Net Income


($ 284,019)


Net Cash Provided by Operating Activities

INVESTING ACTIVITIES:




($ 284,019)



Stables


($277,000)


UCC Security Notes


($ 310,138,000)


Interest Receivable


(33,125,000)


Long-Term Investment in Bonds


($ 500,000,000)


Net Cash Provided by Investing Activities




($ 843,540,000)




FINANCING ACTIVITIES

Capitol Stock




$ 2,329


Accumulated Other Comprehensive Income


$ 803,430,836


Note Payable




$ 4,400,000


Long-Term Note




$ 36,000,000






$ 843,833,165

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001297077%2D06%2D00004 6%2Etxt&FilePath=%5C2006%5C07%5C12%5C&CoName=FURIA+ORGANIZATION+INC+%2FDE%2F&For mType=8%2DK%2FA&RcvdDate=7%2F12%2F2006&pdf=
 
Posted by Purl Gurl on :
 
"that's what i've been saying..."

Yeah, this whole deal stinks of yet
another elaborate scam.

Bad part is thousands of people out there
are falling for this con. Floors me so
many are so gullible.

Purl Gurl
 
Posted by 10of13 on :
 
From the interview...

10of13
Member


posted July 20, 2006 10:08 PM
--------------------------------------------------------------------------------

quote:
--------------------------------------------------------------------------------
Originally posted by 10of13:
QUICK NOTES ON INTERVIEW

1- "They have bought up over 100k shares on the market and if there are shorts it will have to be covered before the merger is complete" "short squeeze"

They used a trust to by up the float. The float will be held in the treasury and if needed at a future time then they may release them. The company is fully funded and will not need any dilution to fund operations

2- They will set the pps at 15.00 on the first day of trading and if the market supports it then that is the price "we" get...

3- Picure it as an IPO and we have the shares up front. It is his job to make sure that the share price stays at the $15 or more. The have huge contracts sitting on the table. They have bonds from third world countries to add to the list. He feels that $15 is undervalued

4-No r/s but perhaps a forward split after the merger is complete (8K will not allow them to do a r/s or any change in share structure until after the merger.

5-Rufas owns 9m of CVSU and none of FHAL

6- 3.5 billion in assets and 500 million in bank

7- S-4 is filed and 50 million set aside for each "project"

8- "We" would hold shares of AISS that is currently valued at $60/share. The board would like to have a value of 100/share within 3 months

9- the online lottery will be available in Ohio, Georgia and California (maybe another) by end of the year.

10- Fryyguyy just got puked on...time out


You can hear this interview by going to the CVSU website..
--------------------------------------------------------------------------------

One last note...Rufas is 38 and I am going to marry him...

[ July 20, 2006, 22:21: Message edited by: 10of13 ]
 
Posted by glassman on :
 
what am i supposed to say to that PG...
we both know the market only reflects percieved value...

the Venezualan bond is the key here...

Venzuala does have a chithead for a president and lots of oil so who knows? i don't...
 
Posted by Purl Gurl on :
 
Recently, us Old Timers have watched two
bait and switch scams, NDOL and GFCI. We
also watched a very successful scam, the
GHLT rip off.

This one, however, is a bit more entertaining.
At least there is a challenge to understanding
this scam, unless this scam is so utterly
stupid as to be below our usual thinking level.

Purl Gurl
 
Posted by Dustoff 1 on :
 
well well well, ya mean there are no Teak hulled Windjamers a hauling mahogany logs in the sky? hmmm lmagine that..
 
Posted by glassman on :
 
that's why i didn't buy in at 17 cents...
stooopid me huh?

been tracking it since before that too....
 
Posted by Purl Gurl on :
 
QUICK NOTES ON INTERVIEW

* yet again she rolls her eyes *

Listen, you boys get busy with shovels;
mule manure is becoming very deep!

Purl Gurl

(Ten, not a comment directed at you, rather "Dufus")
 
Posted by glassman on :
 
PG? i still have 1000 shares of Henry Fahmans paper...free of course, but i do remember that filings don't mean a whole lot more than PR.... but still more...
 
Posted by Purl Gurl on :
 
"well well well, ya mean there are no Teak hulled Windjamers"

I am beginning to suspect the next pr news will
announce Captain Kirk, Spock, Scotty, the rest
of the crew will be beaming these logs up for
transportation to a Vulcan sawmill.

Purl Gurl
 
Posted by 10of13 on :
 
LOL...Purl...don't worry about it...I didn't listen to the interview..but took noted from what was posted by the posters that were...

I am enjoying this FHAL stuff...and trying to figure it out..it's a great learning "toy"...seems that maybe some of you old timers are learning with me...and to top it off..I have made nice $ at being a student...
 
Posted by Purl Gurl on :
 
"PG? i still have 1000 shares of Henry Fahmans paper"

* SCREAMS *

Do not say that unmentionable name!

I suckered for that scam, lost two grand and
my account is sh!t papered with worthless
spin off dividend stocks. I see those each
day I fire up my live feed, then cuss.

Pisser is, at one time I was up five grand,
decided to hold, then the crash.

Purl Gurl
 
Posted by glassman on :
 
i notice that some others over at ihub are saying the same thing as me..
ARCA bloodbath....

henry?

i got some $$ off that but i mentioned it to somebody that will never let me live it down... EVER!
 
Posted by Purl Gurl on :
 
"I am enjoying this FHAL stuff...and trying to figure it out..it's a great learning "toy"..."

Absolutely. None of us have quite figured out
this type of scam. New to me, most certainly.

Ten, this is what Allstocks is all about; true
meaningful discussion which benefits all. This
is why our board here is so very valuable.

Learning is priceless.

Purl Gurl
 
Posted by Purl Gurl on :
 
"henry?
i got some $$ off that...."

* bares her fangs - hisses *

You are asking for it!

Purl Gurl
 
Posted by Buford Baucom on :
 
Hi,

Maybe it's not a scam.

It sounds real.

BB
 
Posted by Purl Gurl on :
 
Hey! I have tiny winged blue monkeys flying out
of my big butt!

Purl Gurl
 
Posted by glassman on :
 
there's one now!
 -
 
Posted by Purl Gurl on :
 
Ha! Ha! Yep, that is one of those monkeys!

However, those naked gorillas are the ones
you really have to watch out for.

Purl Gurl
 
Posted by Jo4321 on :
 
See, Purl, I agree that it is a scam. But I want to ride the scam. (not too long) You mentioned earlier today that we could ride the volatility. Do you think there is a good play here?

As you know my EOD order didn't get filled, guess we will see a huge gap in the AM based on the over 200 people that were in that chat room all salivating over each other and throwing out numbers like $100.00 per share!

Not sure where to get in at. I don't have that many funds, but I'd sure like to get rid of my deficit in one fell swoop.

Jo
 
Posted by Purl Gurl on :
 
"Do you think there is a good play here?"

Personally, I am surprised this one has not
crashed down to ten cents per share.

Jo, as more days pass, the closer this stock
is to crashing. Get in early, get out early,
and stay out.

This is only a speculation bubble and this
bubble will burst and crash hard. Just a
matter of time. Again, I am surprised this
one has not already crashed.

If my choice, I would be looking at other plays.

Keep in mind, like our friend Blue, I am a
very conservative and cautious trader.

Purl Gurl
 
Posted by Jo4321 on :
 
Thanks for the advice. I will definitely sleep on this one and decide in the AM.
Jo
 
Posted by 10of13 on :
 
quote:
Originally posted by Jo4321:
Not sure where to get in at. I don't have that many funds, but I'd sure like to get rid of my deficit in one fell swoop.

Jo

Jo..you know that i am also in this...but the statement above is the one reason you shouldn't...
You shouldn't be playing with the funds that you "can't" loose..or that you are afraid to loose...perhaps that is why you have been making bad choices...you are "worried" about loosing it..

IF you "have" to get in i suggest you take a very small portion of the funds that you "worked hard" to get these past few days..and "play" with that...but when you push that buy button...say good bye to those funds..."pretend" it isn't needed back...tah tah...all gone...and then perhaps your choices will be better...

If you don't get back in...you will be kickin' yourself if it flies...if you get in and it tanks...you will kick yourself...

the shares that I sold today...I took 1/3 of the profits (all of it was profit...I had already flipped it a couple of times) and that is all I put back in...I really wanted to throw it all back in...but I didn't...it was hard..but now if I loose it...it's no big deal..i will make better choices...NOT having to get it back...

Just be careful...and YOU make your choice...but push the buy...and kiss the $ goodbye..it's the best way for me to trade!

GL!
 
Posted by buckstalker on :
 
Played it twice already....doubled both times.
On the sidelines for now...though I may try for the ole hat trick if I see the opportunity.
 
Posted by Jo4321 on :
 
Thanks 10, I know you are correct. My buy order earlier today was only using my profits. But, then after the phone call, I started seeing $$$$!

Plus, I'm still kind of perturbed that I sold my .67 shares at .88 yesterday.

Must....resist....

You guys have all been great. When my portfolio goes to the green, we'll have to have a cyber-party!

Jo
 
Posted by 10of13 on :
 
quote:
Originally posted by Jo4321:
Plus, I'm still kind of perturbed that I sold my .67 shares at .88 yesterday.


Jo

Profit IS profit!!!
 
Posted by Jo4321 on :
 
Yeah, yeah, I know! I'm starting to see the light, really I am!

It's just that JUST ONCE, I'd like to be in the right place at the right time for one of these big runs! LOL!

I mean, how come none of my losers never becomes someone's shell company???

Jo
 
Posted by T e x on :
 
quote:
Originally posted by Jo4321:
Yeah, yeah, I know! I'm starting to see the light, really I am!

It's just that JUST ONCE, I'd like to be in the right place at the right time for one of these big runs! LOL!

I mean, how come none of my losers never becomes someone's shell company???

Jo

emotion

ego

death


Jo?

wanna party?

or build profit?

not being mean--simply pointing out obvious dichotomy
 
Posted by 10of13 on :
 
LOL..they will...after you sell... [Wink]

Just an added note...with this FHAL...I trade for myself..and in another account for my sister...I have made alot more $ with my account than I have with hers..but it's because it is her $ not mine..I care if I screw hers up...it's a mental thing...

lastly...when I try to "flip"...unless I am getting out of a stock "for good" I only sell half of my shares...particularly if it is trading so funky...like FHAL..if it goes up I'm still in...if it goes down for a bounce...I can get more...win win...

See ya in the am...night all!
 
Posted by glassman on :
 
There are several types of public shells, which are all very expensive. They are also usually loaded with liabilities. If you reverse merge a company into a public shell (which usually has 100 or more shareholders and a lot of shares in the float) when the stock price goes up these 100 shareholders inevitably sell the stock and the price collapses. This can be detrimental to a company trying to grow through acquisition. This is far more expensive than the up front price paid to do the reverse merger with the public shell. Please keep this fact in mind when you are dealing with reverse mergers or public shells. This point is absolutely critical to understand.
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
There are several types of public shells, which are all very expensive. They are also usually loaded with liabilities. If you reverse merge a company into a public shell (which usually has 100 or more shareholders and a lot of shares in the float) when the stock price goes up these 100 shareholders inevitably sell the stock and the price collapses. This can be detrimental to a company trying to grow through acquisition. This is far more expensive than the up front price paid to do the reverse merger with the public shell. Please keep this fact in mind when you are dealing with reverse mergers or public shells. This point is absolutely critical to understand.

you're quoting someone? That's usually what your bold indicates, yes?
 
Posted by Jo4321 on :
 
TEX
quote:
Jo?

wanna party?

or build profit?

not being mean--simply pointing out obvious dichotomy

I want to build profit and then party to celebrate with you guys, when I'm out of the red. That's all.

Jo
 
Posted by glassman on :
 
yes tex....if you wish to seee the site? google it?
just copy, cut-n-paste, a sentence with quotes around it and it should come up...

googling this way is how i track down the real creeps....
 
Posted by glassman on :
 
http://www.tcc5.com/


http://www.reversemergersinfo.com/

http://www.worldcapitalmarket.com/shell.php
 
Posted by glassman on :
 
the trick is finding "clean" co's...
that takes a lot of DD...

then you have to wait....

or? you can run a news screener looking for the words reverse merger...

just remeber to tell US first, after you buy yours, of course [Wink]
 
Posted by T e x on :
 
quote:
Originally posted by Jo4321:
TEX
quote:
Jo?

wanna party?

or build profit?

not being mean--simply pointing out obvious dichotomy

I want to build profit and then party to celebrate with you guys, when I'm out of the red. That's all.

Jo

you'll get there...I believe that

but--and i agree with purlie sue here--it's very important to not get "wrapped up" in a pick.

You are on the one hand discussing getting out of the red; on the other you are discussing hitting big-gainer runners...

hello?

get out of the red, first...

later? expand your horizons...

there's *always* another play

focus, baby, focus
 
Posted by Jo4321 on :
 
quote:
or? you can run a news screener looking for the words reverse merger...

just remeber to tell US first, after you buy yours, of course

But tell us over in the "who wants to be a millionaire thread". People are too afraid of Purl to go there.

Jo
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
the trick is finding "clean" co's...
that takes a lot of DD...

then you have to wait....

or? you can run a news screener looking for the words reverse merger...

just remeber to tell US first, after you buy yours, of course [Wink]

achualy...that *is* a big interest...my idea is follow filings... try to get 1 to 2 month "lead time" notice.
 
Posted by T e x on :
 
good point: this *is* FHAL thread...
 
Posted by Purl Gurl on :
 
Jo exclaims with lots of excitement,

"we'll have to have a cyber-party!"

I am a party animal!

 -

Purl Gurl
 
Posted by Dustoff 1 on :
 
working on the hook-up to ameritrade news alerts I can program it for reverse merger alerts..

System down for enhancments at present time..This otta be goooooood!

But the gorrila scart me....when I just looked up! An OMEN?
 
Posted by Purl Gurl on :
 
"But tell us over in the "who wants to be a
millionaire thread". People are too afraid
of Purl to go there."

* bares her fangs - snarls *

MUUHAHAHAHAAAA!

http://www.purlgurl.net/allstock/crush.wav

Purl Gurl
 
Posted by Dustoff 1 on :
 
A clean CEO? Billy Graham? nope watergate... impossible..LOL
 
Posted by Dustoff 1 on :
 
hitting the sack early. Nite Whale' splash!
 
Posted by Jo4321 on :
 
goodnight dustoff
 
Posted by Dustoff 1 on :
 
Well!!! up and at um! What kind of sleepy head landlubbers are you !!!! Fly with Owls at Night! Hard to soar with the Eagles in the morn'n...

Fish to be caught, fish hold on the boat to fill, port to find, with a buyer, and money to be made.

Plug the Boat and head to port before that Typhoon gets us..

[ July 21, 2006, 08:19: Message edited by: Dustoff 1 ]
 
Posted by Peaser on :
 
quote:
Originally posted by Purl Gurl:
Hey! I have tiny winged blue monkeys flying out
of my big butt!

Purl Gurl

You Too?!?!?!
 
Posted by Purl Gurl on :
 
Yes. However, Tex has horned toads flying out of his.

Ouch.

Purl Gurl
 
Posted by Peaser on :
 
Slimy or poisoness by chance?
 
Posted by Purl Gurl on :
 
Tarnations! If you city slickers don't 'bout beat
all! Boy, ain't you ever seen a horned toad?

http://www.desertusa.com/april96/du_hliz.html

Purl Gurl
 
Posted by Peaser on :
 
Ouch. Tearin' it up!
 
Posted by Purl Gurl on :
 
There ya go! That Tex is one tough hombre.

Purl Gurl
 
Posted by Peaser on :
 
Sphincter from Hades! geez.
 
Posted by Peaser on :
 
Might be a nice pick-up today around 10:20am on a bounce.
 
Posted by 10of13 on :
 
Gappin' down...
 
Posted by Dustoff 1 on :
 
bid over ask again...
 
Posted by glassman on :
 
bid ask upside down again...
 
Posted by glassman on :
 
NITE is taking control
 
Posted by Peaser on :
 
VIEW has been walking it down since yesterday.
 
Posted by Dustoff 1 on :
 
Bee-zarr trading again..
 
Posted by 10of13 on :
 
"IF" it is true that Rufas "bought up" most of the float on this things...what would happen to the MM's when and if this actually were to merge and re open under new symble? Are the MM's simply taking this dwon to attemt to "cover" their shorts? Scaring people into selling?
 
Posted by glassman on :
 
taking them down to collect shares first thing in the morning is normal behaviour...
the big gap ups in the AM are what has been odd...
 
Posted by Peaser on :
 
Not many on the bid. I'm waiting to buy back in for another 25 minutes or so.
 
Posted by Peaser on :
 
Needs to get through 1.12 to continue going up here IMO.
 
Posted by glassman on :
 
10, i think theres shorts out there...

this drop on the open is textbook....

the MM are just taking shares

the "lossleading" that PG mentioned earlier has been a bad sign....

todays open is healthy trading....

gapping and spending all day to fill the gap has been suspicious to me...
 
Posted by Peaser on :
 
There's VIEW at 1.14 on the ask.
 
Posted by Peaser on :
 
TRAC might cause a dip/bounce.
 
Posted by 10of13 on :
 
Thanks Glass...I'm excited to see that if this actually does work out and they change the symbol..how the "shorts" will get stuck...
 
Posted by Dustoff 1 on :
 
there's port! 15% if you got in at 1.01
last 1.16
 
Posted by glassman on :
 
MY L2 are totally screwed up...
nothing matches
 
Posted by 66inxs on :
 
.97 to 1.13. turn out the lights, the parties over !
 
Posted by Peaser on :
 
Back in.
 
Posted by 10of13 on :
 
66 what?
 
Posted by 66inxs on :
 
lots of volume. it could happen for you. good luck !
 
Posted by Peaser on :
 
1.27ish some resistance.
 
Posted by Peaser on :
 
1.19 bounce?
 
Posted by Peaser on :
 
1.25 x 1.21

back to 1.19 x 1.21
 
Posted by Dustoff 1 on :
 
peaser, graphics are kicking you know what, got um on?

The 1.17 and 1.25 were were way ahead of the realtime L2'S Ameritrade rocks!
 
Posted by 66inxs on :
 
all i meant is this probably isn't going to be a rocket today. good play however if you got in on the dip or lod. CHDT looks promising this morning 15% jump from open, DYODD.
 
Posted by Peaser on :
 
1.20 x 1.21

1.20 x 1.23

1.21 x 1.23

1.20 x 1.22

Hmm, looks like no one wants to sell to me.
 
Posted by Peaser on :
 
Thanks D, just turned um on.

If this gets through 1.27 today, it may fly IMO.
 
Posted by Dustoff 1 on :
 
Geezz man! they are really working on this stock! big time!
 
Posted by Dustoff 1 on :
 
Saw that 1.17 coming about 10 minutes ago..just missed the 1.25
 
Posted by Peaser on :
 
LOL, folks are scared of VIEW.

IMO, he's done bringing it down for today.
 
Posted by Peaser on :
 
Wierd trades below the bid.
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Dustoff 1:
Geezz man! they are really working on this stock! big time!

-------------------------------------------------
grapics lad----------. thats what I meant here
 
Posted by Dustoff 1 on :
 
Hooking up all me toys now, peas...
 
Posted by Peaser on :
 
1.11 bounce?
 
Posted by Peaser on :
 
yup
 
Posted by Dustoff 1 on :
 
not sure yet..1.09 looming in there.small blocks

1.18 weaking

Lots of individuals "It's people! " lol

Bigger blocks just showed at 1.18

MM'S
 
Posted by T e x on :
 
ahhh...the adult thread...hullo, folks. Nice trade for somebody, buck to a buck-twenty.
 
Posted by Dustoff 1 on :
 
1.18 Looking like a piece of cake.

so it will probably feather..
 
Posted by Dustoff 1 on :
 
seasoned fast traders did well this am!
 
Posted by Peaser on :
 
1.15 bounce?
 
Posted by GreenDay on :
 
I just went to run a couple miles on the treadmill. Looks like FHAL did too. Ran and ran but still right where it started when I left. Have we settled in a range for the day, ya think?
 
Posted by Peaser on :
 
1.15 stacking x 1 * 1.155
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Peaser:
1.15 bounce?

------------------------------------------------
watching for the long shot play for rest of the day here peas..
 
Posted by Peaser on :
 
1.151 x 1.16

Needs to get back up through 1.20 on the next push IMO.
 
Posted by Dustoff 1 on :
 
there's the 1.18 about right on schedual about 10 minutes again..Keeps causing the feathering.
 
Posted by Peaser on :
 
1.17 x 1.18
 
Posted by Dustoff 1 on :
 
big blocks at 1.19 they keep shifting them around definatly MM'S
 
Posted by Peaser on :
 
RSI at 45-50, MACD trying to turn up, currently flat.
 
Posted by Peaser on :
 
3 * 1.16 X 1 * 1.175

1.17 x 1.175
 
Posted by Dustoff 1 on :
 
Ah' Haw RSI!
 
Posted by Peaser on :
 
To me it looks as if we're trading in a bullish flag. Any opinions?

3 * 1.17 x 3 * 1.18

2 * 1.17 X 2 * 1.18

3 * 1.17 X 2 * 1.18
 
Posted by Dustoff 1 on :
 
looks they are going to make a move..

showing fair sized blocks at 1.20

But I don't like the the 1.11 blocks building
 
Posted by Peaser on :
 
ARCA trying to get filled at 1.17
 
Posted by Dustoff 1 on :
 
Viewers, keep in mind I am a very fast trader..this is real time trading for seasoned traders, thats to whom I am posting..
 
Posted by Peaser on :
 
2 * 1.15 x 1 * 1.155
 
Posted by Peaser on :
 
ASK thinning some.
 
Posted by Dustoff 1 on :
 
Where's all the people peas? LOL

Solid blocks, I like um fragmented, buts it's all in an individuals style how to interpret the Graphics..It takes a while.
 
Posted by 10of13 on :
 
Dust...did you get back in this? or are you just watchin'?
 
Posted by Dustoff 1 on :
 
10, looking for a long shot play in and out..

Haven't pulled the trigger on this one yet, today. Just giving a heads up for now on fast trading.. New folks need to understand fast trading is not for amateurs.
Got several other stocks cooking, you know what can happen if ya forget about the stove..
 
Posted by Peaser on :
 
Getting ready to do something here, get ready D.

One way or the other.
 
Posted by 10of13 on :
 
LOL..Dust..done that many of times...

Lookin' for an exit on this for today...
 
Posted by Peaser on :
 
quote:
Originally posted by Dustoff 1:
Where's all the people peas? LOL

Solid blocks, I like um fragmented, buts it's all in an individuals style how to interpret the Graphics..It takes a while.

MM games IMO.

1.14 x 1.15
 
Posted by Peaser on :
 
Who brought the gun to this knife fight.

1.14 x 1.15
 
Posted by Peaser on :
 
1.10 some support, how much though?
 
Posted by Dustoff 1 on :
 
There's that 1.11 'bout a 24 minute cycle.
 
Posted by Dustoff 1 on :
 
And here comes the people, fragmented!
 
Posted by T e x on :
 
looks like it's tuned in to the "teen channel"

NITE still hopping around?
 
Posted by Peaser on :
 
Where's the next bounce. C'mon sucker, show yer hand!
 
Posted by Peaser on :
 
Will 1.05 hold?

Nope
 
Posted by Dustoff 1 on :
 
1 small block just showing at 1.02
 
Posted by T e x on :
 
inverted B x A again
 
Posted by Peaser on :
 
Needs to hold above that .97 low of day.

Found some support here in the low 1.00's.
 
Posted by Dustoff 1 on :
 
1.01 building 1.11 showing signs of life
 
Posted by T e x on :
 
1.05 looks like support, even though a couple printed lower
 
Posted by Peaser on :
 
1.08 x 1.08
 
Posted by Peaser on :
 
1.08 on the ask get through it.
 
Posted by Dustoff 1 on :
 
don't be fooled, there is a lot of action at 1.11
many blocks
 
Posted by Dustoff 1 on :
 
see um in there peas? backing off now.
 
Posted by Dustoff 1 on :
 
watch the 1.01's I just might be a buyer in there.
 
Posted by Peaser on :
 
C'mon VIEW, scram! lol

1.055 x 1.055
 
Posted by Dustoff 1 on :
 
Whole graphic board just went black, now rebuilding.
 
Posted by Peaser on :
 
1.08 x 1.09
 
Posted by T e x on :
 
1.05 held again
 
Posted by Peaser on :
 
Almost noon, I'm wondering if we'll see a lunchtime move up?
 
Posted by Peaser on :
 
1.0999 x 1.10

VIEW trying to buy now.

1.07 x 1.10

1.08 x 1.09

1.085 x 1.09
 
Posted by T e x on :
 
actually, the best thing would be for it to channel for a good, long while...
 
Posted by Dustoff 1 on :
 
1.15 building and a small build at 1.05
nite at 1.11 large blocks he is not showing.
 
Posted by Peaser on :
 
Gotta get through the 1.10 resistance.

I think we will, c'mon bulls take over! Geez. lol
 
Posted by Dustoff 1 on :
 
lad, don't start pumping!! LMAO
 
Posted by glassman on :
 
quote:
Originally posted by T e x:
actually, the best thing would be for it to channel for a good, long while...

that's correct....
 
Posted by Peaser on :
 
Looks like it's gonna test that 1.10 again shortly IMO.

2 * 1.08 x 1 * 1.09
3 * 1.07
 
Posted by Peaser on :
 
RSI at 13
 
Posted by Dustoff 1 on :
 
Big block back in there at 1.11 but they ain't showing it on L2's
 
Posted by Peaser on :
 
If it gets through 1.11 here, it could run pretty decent.

Needs to break this penant.
 
Posted by Dustoff 1 on :
 
1.07 and 1.12 building medium sized blocks..

now 1.14 building
now 1.15 also blocks not fragmented.
 
Posted by Peaser on :
 
Previous penant now broken.

1.10 x 1.13

Last sale: 1.12

1.24 Resistance.
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Dustoff 1:
1.07 and 1.12 building medium sized blocks..

now 1.14 building
now 1.15 also blocks not fragmented.

-------------------------------------------------
33 minute cycle to 1.07
1.05 building again
1.15 Building

Graphics just cleared the deck again
 
Posted by Peaser on :
 
1.13 x 1.14

1.09 x 1.13
 
Posted by Dustoff 1 on :
 
that gap is filling below but wow..1.18 to 1.10 on the gap briefly..
 
Posted by Peaser on :
 
Starting to get a little action finally.
 
Posted by Dustoff 1 on :
 
bid and ask showing on same line at 1.17 on graphics not on L2's yet.

just pulled.
 
Posted by 10of13 on :
 
Dustoff..what are these graphics you are talkin'?
 
Posted by Dustoff 1 on :
 
Button feature on Ameritrade on the L2'S...
Sometimes on a stock they work very well..This is a stock they are kicking a$$ on..

Careful with them, takes awhile to get the hang of them..

It's interpretation, not kidding here...
I am very used to interpreting this sorta of tool because of years of expieriance reading fish finders, at Sea..

The tecks will be all over the map when you call um at Ameritrade, but ask them how many 8 hr days they spent reading them..
 
Posted by 10of13 on :
 
thanks Dust...
 
Posted by Dustoff 1 on :
 
10, if you have somebody with a Ameritrade account, you can talk to-----------> go to full screen. on the graphics..This will be fun to see how others read them! LOL

I use 4 computers so I can spread my toys out. And multi accounts.
 
Posted by Dustoff 1 on :
 
gotta concentrate now, still not in..
 
Posted by 10of13 on :
 
Well go and conentrate then...LOL
Wish I had ameritrade to see it...


Peaser...you seein' a run before EOD?
 
Posted by Peaser on :
 
If 1.16 falls, then we'll prolly see a run IMO.
 
Posted by maumee river rat on :
 
Whats up Peaser!!!

Broke a beautiful pennant a bit too early didn't it??

I have very mixed emitions on this....I keep seein a correction commin'. Tough to get a grip on this one..
 
Posted by maumee river rat on :
 
It's a bit more quiet on this thread......Nice!!
 
Posted by Peaser on :
 
Yup.
 
Posted by 10of13 on :
 
Check out the volume..not even the average...
 
Posted by Peaser on :
 
Get through 1.14 here and we rock IMO.

Need to break out of this two day penant.
 
Posted by 10of13 on :
 
Nope...we ain't rockin'! can't figure this one out...Hopin' next week will be a good one...
 
Posted by Peaser on :
 
C'mon run! lol

Monday and Tuesday should be interesting.

It sure would be nice if we could get an after hours PR tonight or early Monday.

I think it'll move in the final 10 minutes.

Place your bets quick! lol
 
Posted by 10of13 on :
 
Boring today...signing off

Have a good weekend...

Later guys! [Cool] [Big Grin]
 
Posted by Peaser on :
 
LOL, ok 12 minutes. [Big Grin]
 
Posted by Dustoff 1 on :
 
In....Partial 400 of 1000shrs
$1.11 15:45:20 hrs.

Last thought before pulling the trigger..
Gamble on sellars who didn't want to hold thru week-end scrambling on monday..

So, decision based on a gamble.
 
Posted by Peaser on :
 
Folks er holdin this puppy over the weekend.

I know I am.
 
Posted by Peaser on :
 
Got 5230 shares here now.
 
Posted by Peaser on :
 
Looks like we'll be sitting on the end of a penant going into Monday.
 
Posted by BooDog on :
 
quote:
Originally posted by Dustoff 1:
In....Partial 400 of 1000shrs
$1.11 15:45:20 hrs.

Last thought before pulling the trigger..
Gamble on sellars who didn't want to hold thru week-end scrambling on monday..

So, decision based on a gamble.

My guess would be a slight gap down but should be a good runner.
 
Posted by Dustoff 1 on :
 
peaser, the alerts you have with Ameritrade are not the ones I'm talking about..

I am trying to get the advanced for free because I thought I was grandfathered..Looks like I will be paying for the Advanced toy..Buts it's programable..Just tell it what you want is what the teck guy said..Well, within reasonable limits! LOL
 
Posted by 10of13 on :
 
FHAL is being "reorginized"..."Bancrupt"...CVSU is being consumed by FHAL(according to this...that is "how" Rufas can stop trading on the closing date of the 28th (or what ever date) and re-open the next day at a "PPS" that "he" sees fit($15)...

So is this how "this" can be done?
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
FHAL is being "reorginized"..."Bancrupt"...CVSU is being consumed by FHAL(according to this...that is "how" Rufas can stop trading on the closing date of the 28th (or what ever date) and re-open the next day at a "PPS" that "he" sees fit($15)...

So is this how "this" can be done?

CVSU is the takeover party; how "halt" and re-open at new PPS is the question...
 
Posted by 10of13 on :
 
NO..FHAL is the "take over company"...FHAL will have a symbol change to CVSU....that's what you are missing!
 
Posted by wallymac on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by 10of13:
FHAL is being "reorginized"..."Bancrupt"...CVSU is being consumed by FHAL(according to this...that is "how" Rufas can stop trading on the closing date of the 28th (or what ever date) and re-open the next day at a "PPS" that "he" sees fit($15)...

So is this how "this" can be done?

CVSU is the takeover party; how "halt" and re-open at new PPS is the question...
According to my reading of things and I could be wrong.

Under a reorganization, with new assests you are allowed to reflect those assests and potential earnings into the new "company" symbol. Set the valuation at 2 to 3 times the book value and then allow the market to determine if you are right or wrong. Just like the valuation of an IPO. It could go up or it could go down. Of course this is JUST MY OPINION.

GLTA
Wally
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
NO..FHAL is the "take over company"...FHAL will have a symbol change to CVSU....that's what you are missing!

lol, then why the FHAL officers gone?

FHAL is the ticker that CVSU wanted...

no? yes?

put it this way... was "Rufus" an FHAL guy?
 
Posted by T e x on :
 
quote:
Originally posted by wallymac:
quote:
Originally posted by T e x:
quote:
Originally posted by 10of13:
FHAL is being "reorginized"..."Bancrupt"...CVSU is being consumed by FHAL(according to this...that is "how" Rufas can stop trading on the closing date of the 28th (or what ever date) and re-open the next day at a "PPS" that "he" sees fit($15)...

So is this how "this" can be done?

CVSU is the takeover party; how "halt" and re-open at new PPS is the question...
According to my reading of things and I could be wrong.

Under a reorganization, with new assests you are allowed to reflect those assests and potential earnings into the new "company" symbol. Set the valuation at 2 to 3 times the book value and then allow the market to determine if you are right or wrong. Just like the valuation of an IPO. It could go up or it could go down. Of course this is JUST MY OPINION.

GLTA
Wally

Wally,
I do believe you are reading the regs correctly, as I understand them tonight...
 
Posted by Dustoff 1 on :
 
Has anyone contacted an expert? ya know, like a Securities attorney or expert...?
 
Posted by wallymac on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by wallymac:
quote:
Originally posted by T e x:
quote:
Originally posted by 10of13:
FHAL is being "reorginized"..."Bancrupt"...CVSU is being consumed by FHAL(according to this...that is "how" Rufas can stop trading on the closing date of the 28th (or what ever date) and re-open the next day at a "PPS" that "he" sees fit($15)...

So is this how "this" can be done?

CVSU is the takeover party; how "halt" and re-open at new PPS is the question...
According to my reading of things and I could be wrong.

Under a reorganization, with new assests you are allowed to reflect those assests and potential earnings into the new "company" symbol. Set the valuation at 2 to 3 times the book value and then allow the market to determine if you are right or wrong. Just like the valuation of an IPO. It could go up or it could go down. Of course this is JUST MY OPINION.

GLTA
Wally

Wally,
I do believe you are reading the regs correctly, as I understand them tonight...

Thanks TEX. I've come a long way since you met me and helped me. That's what is called obession. Spending 12+ hours a day in front of this darn machine has paid off a bit.

GLTA
Wally
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Dustoff 1:
Has anyone contacted an expert? ya know, like a Securities attorney or expert...?

[Cool]
 
Posted by wallymac on :
 
quote:
Originally posted by Dustoff 1:
Has anyone contacted an expert? ya know, like a Securities attorney or expert...?

Not personally. I have read posts of people that said they had but the question is do we believe them or not. I don't know Dust, Then it becomes who has the best lawyers and who wins in court. I'm too old for a long protracted court fight. If it came down to whose lawyer would win, I'd bail. Hopefully at the best price possible. Of course minus 20% because that's the way I play. Figure where everybody is headed and leave 20% on the table. I don't need to maximize just profit.

I guess when I've had a few it's hard to pull me away from the keyboard.

I need an intervention please save me. J/K For those who don't know J/K means Just Kidding.

GLTA
Wally
 
Posted by 10of13 on :
 
Wally..you asked on the other thread about who owns Fhal..well if you look at the 8K filing at the very bottom, 99.1...the way that reads...it's done...and then the "plan" is what is in question...and I to could very well be wrong...
 
Posted by Dustoff 1 on :
 
Wallymac, lawyers would have a field day with.....Intent and legality..

Very sophisticated in scope if untrue.
Future ploys, if that is what this is, will have to best this one, or risk being torn apart by honest posters
 
Posted by T e x on :
 
quote:
Originally posted by wallymac:
quote:
Originally posted by T e x:
quote:
Originally posted by wallymac:
quote:
Originally posted by T e x:
quote:
Originally posted by 10of13:
FHAL is being "reorginized"..."Bancrupt"...CVSU is being consumed by FHAL(according to this...that is "how" Rufas can stop trading on the closing date of the 28th (or what ever date) and re-open the next day at a "PPS" that "he" sees fit($15)...

So is this how "this" can be done?

CVSU is the takeover party; how "halt" and re-open at new PPS is the question...
According to my reading of things and I could be wrong.

Under a reorganization, with new assests you are allowed to reflect those assests and potential earnings into the new "company" symbol. Set the valuation at 2 to 3 times the book value and then allow the market to determine if you are right or wrong. Just like the valuation of an IPO. It could go up or it could go down. Of course this is JUST MY OPINION.

GLTA
Wally

Wally,
I do believe you are reading the regs correctly, as I understand them tonight...

Thanks TEX. I've come a long way since you met me and helped me. That's what is called obession. Spending 12+ hours a day in front of this darn machine has paid off a bit.

GLTA
Wally

wellsir...

we're all learning on this one [Wink]

I get asked: "Why do you spend the time?"

Wally, just takes one like you

or a 10/13 to answer that question...
 
Posted by wallymac on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by wallymac:
quote:
Originally posted by T e x:
quote:
Originally posted by wallymac:
quote:
Originally posted by T e x:
quote:
Originally posted by 10of13:
FHAL is being "reorginized"..."Bancrupt"...CVSU is being consumed by FHAL(according to this...that is "how" Rufas can stop trading on the closing date of the 28th (or what ever date) and re-open the next day at a "PPS" that "he" sees fit($15)...

So is this how "this" can be done?

CVSU is the takeover party; how "halt" and re-open at new PPS is the question...
According to my reading of things and I could be wrong.

Under a reorganization, with new assests you are allowed to reflect those assests and potential earnings into the new "company" symbol. Set the valuation at 2 to 3 times the book value and then allow the market to determine if you are right or wrong. Just like the valuation of an IPO. It could go up or it could go down. Of course this is JUST MY OPINION.

GLTA
Wally

Wally,
I do believe you are reading the regs correctly, as I understand them tonight...

Thanks TEX. I've come a long way since you met me and helped me. That's what is called obession. Spending 12+ hours a day in front of this darn machine has paid off a bit.

GLTA
Wally

wellsir...

we're all learning on this one [Wink]

I get asked: "Why do you spend the time?"

Wally, just takes one like you

or a 10/13 to answer that question...

It's the same reason why I NOW spend the time. I will never learn if I don't and I owe it to people like you that helped me expand my horizons. All I can say is I would not be the trader/investor I am right now if you had not taken the time. I would have lost everything and never tried again. Instead I'm still here. Making a good pick every once in a while and making a fool of myself at other times but I'M STILL HERE.

The lesson is if we slaughter the lambs we are left to play with the wolves and everything changes.

Did you happen to see that Alex/MOMO/Nomeugly/whatever his latest creation is, tried to take credit for the rise in PPS in FHAL saying he was paid by the company and his contract was up yesterday? What a crock. That alone might get me to hold since I believe he is trying to get cheap shares but I'm not that gullible any more. I just thought that would be worth a laugh. OH there is also some new Momo group I hadn't heard of before calling themself the tribe. They said they ran FHAL and will run EAGM. From reading the posts on IH I do think they are trying to run EAGM so I say to everyone CAUTION.

GLTA
Wally
 
Posted by T e x on :
 
ya, and me and Simon are in kahoots as pumpers, too...or sumpin like that... it's always something with that crowd
 
Posted by Peaser on :
 
Reverse Merger info:

http://invest-faq.com/articles/stock-reverse-merger.html
 
Posted by Peaser on :
 
http://www.venturea.com/shell.htm
 
Posted by bilgert on :
 
Another good reverse merger article

http://www.entrepreneur.com/Your_Business/YB_SegArticle/0,4621,300886,00.html
 
Posted by Doniboy on :
 
Hello Big board people, what do you guys think of this crazy ride?
Personally, I am in heavy (for me anyway) and as things stand right now I am holding through the merger.
 
Posted by DMOST on :
 
I'm with you man,I've been holding a considerable amount of shares sense .08 and plan to roll right into and beyond the merger. To me it's all a gamble anyway playing stocks, penny or other wise. Does anyone besides me fell that it would be a go idea if we,until the merger is complete, stop mentioning the exact number of shares we currently own?. If as what I've been reading is correct, the M&M will continue to seriously shake this thing as a way to gather shares and cover their shorts. Letting them know whats out there could give them some motivation and there by prevail in holding the price down. Just a thought. As usual,I buy and just wait until they explode or fizzle.


"You paid your money and you make your choice"
 
Posted by Doniboy on :
 
I have 80,000,000 shares MM's. [Razz]
 
Posted by DMOST on :
 
......are on the other hand, exaggerate what you've got to keep them guessing.


"Just hanging and swanging" [Smile] [Wink] [Razz] [Cool] [Big Grin]
 
Posted by Buford Baucom on :
 
Hi,

Is there a thread missing here? It was the one about people asking for opinions about different stocks and people giving them. That was a good learning thread. Where did it go?

BB
 
Posted by 10of13 on :
 
http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/2/t/012532/p/9.html?
 
Posted by Buford Baucom on :
 
HI!

GOODY GOODY GOODY GOODY GOODY!

THANK YOU!

BB
 
Posted by Peaser on :
 
FHAL opens today near the end of a 2 day pennant by 10:30am IMO.

Might be a good couple of days for trading this IMO.

[ July 24, 2006, 08:53: Message edited by: Peaser ]
 
Posted by Puddy on :
 
L2's moving early!!!
 
Posted by portman on :
 
yes they are
Nice gap even for high players yesterday
 
Posted by Dustoff 1 on :
 
Are we having fun yet?

FISH ON!!!!!

[Cool]
 
Posted by 66inxs on :
 
you're right 8k traded b4 open looks like a gapper this am but for how long? might be a good quick play.
 
Posted by 10of13 on :
 
quote:
Originally posted by Dustoff 1:
Are we having fun yet?

FISH ON!!!!!

[Cool]

Oh Yeah..been havin' fun with this one!!

Whooo Hooo!
 
Posted by 66inxs on :
 
gapping up but downticking. 25k traded already this might be a real volitile day.
 
Posted by BooDog on :
 
Looks like i sold a bit soon but that's okay wit me good luck you guys
 
Posted by 66inxs on :
 
hey boodog too risky to jump back in again for a quickie ??????????
 
Posted by 10of13 on :
 
quote:
Originally posted by 66inxs:
hey boodog too risky to jump back in again for a quickie ??????????

Quickies are good...!!!
 
Posted by Dustoff 1 on :
 
grabbed another position...

me is very happy! [Big Grin]
 
Posted by BooDog on :
 
Nope, gut says stay out, wait for the drop. I'll take my gain and be happy.
 
Posted by 66inxs on :
 
i heard that!!! it ran by me at 1.32 and didn't get filled. good luck to the rest of you though, but watch it closely imho.
 
Posted by Dustoff 1 on :
 
took some profits at 1.44
 
Posted by 66inxs on :
 
congrats, dusty. good day after all !!!
 
Posted by BooDog on :
 
sad part is I can't trust scottrade to be quick on the punch (not in the least bit either), i can't wait for the top once it starts to drop i can put in a low ball trade order and just hope for the best, better for me to have a mark and sell on the way up.
 
Posted by 66inxs on :
 
btw i cancelled that 1.32 order cuz i don't want it to fill now. great ride today for some, not me !
 
Posted by Peaser on :
 
Looks to be bouncing at 1.37 here IMO.
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by 66inxs:
congrats, dusty. good day after all !!!

-------------------------------------------------
ya dude, you and me are cool on the stocks and most other things..
Just a little dust up about the VA.. [Big Grin]
 
Posted by BooDog on :
 
very good day, we'll see how far she goes on the low side
 
Posted by Peaser on :
 
1.57ish resistance IMO.
 
Posted by 66inxs on :
 
no problems here dusty. keep playing joe cocker and making money !!! see you later on the board !
 
Posted by Peaser on :
 
1.30 bounce it appears.
 
Posted by Peaser on :
 
1.33 bounce?
 
Posted by Peaser on :
 
Bullish flag or penant forming now IMO.

I'm leaning towards a penant at this point.
 
Posted by Peaser on :
 
Trying to break through the penant top here shortly. Needs to get through 1.36 IMO.

If 1.36 starts to go through, it could run again.
 
Posted by 10of13 on :
 
there's your 1.36 Peaser
 
Posted by Peaser on :
 
1.37 shouldn't last long here IMO.

Needs to get through today's previous high shortly.
 
Posted by Dustoff 1 on :
 
1.36 and 1.43 building a little..On the graphics.

1.44 not showing on graphic's yet which is odd.
 
Posted by Peaser on :
 
1.39 should hold here IMO. Needs to anyhow I believe.

Might test 1.445 on the next go around hopefully.
 
Posted by Dustoff 1 on :
 
segmenting into MM'S Blocks top and bottom range.
 
Posted by 10of13 on :
 
Peaser...if you look back on all of the "penant" stuff that you have posted...most have been just a little "under"...Here's a far out though...

Is it possible that the MM's are using these penants...and bringing this down just before those marks? You have been "damn" close with this one...and you usually are dead on...JUST A THOUGHT...
 
Posted by Dustoff 1 on :
 
they really want this to go to 1.42

people coming in now 1.34 building
 
Posted by Peaser on :
 
New pennant with the bottom of 1.36 formed.

Should break one way or the other around 11:10ish IMO.
 
Posted by Dustoff 1 on :
 
10, it's coming down to 1.34 according to graphics.
 
Posted by Peaser on :
 
My guess is it's a fake out D.

Maybe not though. Who knows?
 
Posted by Dustoff 1 on :
 
could be, they are on to us! LOL
 
Posted by Peaser on :
 
lol
 
Posted by Dustoff 1 on :
 
don't like the looks of 1.39

1.32 starting to build.
we hit that 1.34

People!!! are coming back [Big Grin] ..
 
Posted by Peaser on :
 
VIEW in there sucking up some shares at 1.34
 
Posted by Peaser on :
 
Next penant I see, needs to break/hold above 1.40 around noon.

If it don't could come back down.
 
Posted by Dustoff 1 on :
 
1.32 gaining speed. just changed in intensity. might be awhile
 
Posted by Peaser on :
 
If 1.35 doesn't hold, the penant may change to a bullish flag.

Hopefully, it holds up here.
 
Posted by Peaser on :
 
ABLE is buying 10,000's at 1.35 here.
 
Posted by Peaser on :
 
1.35 might just hold, ask is getting a little thinner at 1.36. 2 MM's left.
 
Posted by Peaser on :
 
2 * 1.35 now x 2 * 1.36
 
Posted by CRab on :
 
the gap between 1.36 and 1.39 isn't a problem?
 
Posted by Peaser on :
 
ABLE * 1.35 x 2 * 1.36

Knife fight, eh Dusty.

ABLE * 1.35 x 3 * 1.36 now
 
Posted by Peaser on :
 
ABLE 1.35 x ARCA 1.35

ABLE fell.
 
Posted by Peaser on :
 
Nice, 1.35 might hold.

2 * 1.35 x 2 * 1.36

Now only 1 MM at 1.36

Back to 2 x 2

Now 1 x 2
 
Posted by Peaser on :
 
I'm speculating that we might see news today due to the gap up early. Just speculation though, anything could happen.

There could have been a leak of news to the MM's or some traders IMO.
 
Posted by CRab on :
 
1.36 fell...
 
Posted by Peaser on :
 
I don't think NITE will be able to hold it down.
 
Posted by Dustoff 1 on :
 
Well, theres the 1.39

now lets see if the 1.32 shows up..
 
Posted by CRab on :
 
1.39 falling fast...
 
Posted by Dustoff 1 on :
 
1.43 building
1.355 also
 
Posted by Peaser on :
 
A test of today's high shortly would be nice.
 
Posted by 10of13 on :
 
does anyone think the gap from this morning will get filled?
 
Posted by Dustoff 1 on :
 
1.45 bulding
 
Posted by CRab on :
 
there goes your test...
 
Posted by Dustoff 1 on :
 
1.47 now building
 
Posted by Peaser on :
 
quote:
Originally posted by 10of13:
does anyone think the gap from this morning will get filled?

I am doubting it at this point for today anyhow.

The gap around .13 never filled.
 
Posted by Dustoff 1 on :
 
1.42 1.43 1.44 are showing bid and ask on same line , Graphics's
 
Posted by Peaser on :
 
I'm watching it D.

Now only at 1.43 and 1.44

Now at 1.45, 1.46, 1.47

1.46, 1.47 now.
 
Posted by Peaser on :
 
Nice run we're having. 1.57, resistance, the previous high from Thursday needs to get tested today IMO, in order to move up further anyhow.
 
Posted by 10of13 on :
 
BEAUTIFUL!!!!
 
Posted by Dustoff 1 on :
 
exellent... 1.53
 
Posted by Peaser on :
 
I am guessing from the current minute chart of a possible close around 1.70 as long as the support line holds up from today's penant.
 
Posted by 10of13 on :
 
C'mon Baby...let's go!!!
 
Posted by Puddy on :
 
Thought we might see some profit taking around 1.50...guess everyone is holding their shares.
 
Posted by CRab on :
 
several large buys at 1.54

1.60's been slowly building
 
Posted by Dustoff 1 on :
 
come on 1.57
 
Posted by CRab on :
 
wasn't 1.57 the high last week?
 
Posted by Peaser on :
 
Might just blow through Thursday's high of 1.57.

My toes are crossed. [Big Grin]
 
Posted by CRab on :
 
here it comes...
 
Posted by Dustoff 1 on :
 
1.58
 
Posted by Puddy on :
 
Sweet Fancy Moses
 
Posted by Peaser on :
 
1.60 next test.
 
Posted by Dustoff 1 on :
 
Holy smoking super goose! [Eek!]
 
Posted by CRab on :
 
back to about 1.55 or so?
 
Posted by Peaser on :
 
ROFL!
 
Posted by Peaser on :
 
1.51 bounce IMO.
 
Posted by CRab on :
 
yeah i spoke to soon...good call...
 
Posted by BooDog on :
 
yep....sold too soon
 
Posted by Peaser on :
 
1.46-.47 possible bounce.
 
Posted by showme$ on :
 
going down, going down, get out if you can
 
Posted by Peaser on :
 
Nope, Bounced 1.48 1.48 needs to hold up as the new bottom IMO.

Looking for a new penant to form if 1.48 holds.
 
Posted by BooDog on :
 
Pea can you post the link your using for the penants?
 
Posted by Peaser on :
 
Here ya go:

http://www.chartpatterns.com/flagsandpennants.htm
 
Posted by Peaser on :
 
Next pennant end I see:

1pmish. Needs to hold 1.49ish after 1pm IMO.
 
Posted by CRab on :
 
is it just my screen or is ARCA not even on the ask any longer?

edit: nevermind...just popped back up...
 
Posted by Peaser on :
 
It's trying to break out now, we'll see if it does.
 
Posted by CRab on :
 
1.57 looks big
 
Posted by BooDog on :
 
Thanks peaser, i had that site but haven't subscribed, is it free? has a lot of good info on it.
 
Posted by Peaser on :
 
1.54 bounce? Needs to hold 1.50.
 
Posted by Peaser on :
 
Yes, and you're welcome Boo.

It's got a lot of good info on it.

There's another one I have, but I can not find it at the moment.
 
Posted by Peaser on :
 
Next pennant end at 1:30ish, needs to hold above 1.53 after that IMO for a continuation.
 
Posted by 10of13 on :
 
Umm Peaser...I think the pennant thing is broken...LOL...the Mm's are playin' with this...
 
Posted by SYGY on :
 
gotta love this action ,,,,15$ by friday!!!!
 
Posted by Peaser on :
 
Could tank if 1.47 doesn't hold.
 
Posted by Peaser on :
 
http://www.chartpatterns.com/flagsandpennants.htm
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
Could tank if 1.47 doesn't hold.

I'm tellin', that "t" word is a bad word! LOL
 
Posted by SYGY on :
 
very BAD! LOL!!!
 
Posted by Peaser on :
 
Looking for a bullish flag now that 1.47 fell.

Might not tank if a flag forms.
 
Posted by 10of13 on :
 
Peaser...stop it! I'm going to get the soap...!
 
Posted by Peaser on :
 
Still holding my shares from Friday. Prolly will hold them til at least tomorrow.
 
Posted by CRab on :
 
from 11:45 eastern to now...is that a flag or am i just being optimistic?
 
Posted by Peaser on :
 
quote:
Originally posted by CRab:
from 11:45 eastern to now...is that a flag or am i just being optimistic?

From about 12:10ish to the end of day there is a pennant currently.

Looking for a close around 1.40 currently, but that can change in the blink of an eye, so it's way too early to tell.
 
Posted by CRab on :
 
ok...that makes sense...
 
Posted by Peaser on :
 
Needs to break above 1.52-.53 by 2pm for any type of run for the rest of the day IMO.

You can throw out the 1.40ish close if this holds above 1.52-.53 after 2pm IMO.
 
Posted by Peaser on :
 
A test of 1.60 could be coming soon.
 
Posted by SYGY on :
 
awsome close toDAY!!!!!!!!
 
Posted by Peaser on :
 
Okay, everyone sing!!!

"Ain't no mountain High enough"

[Eek!]
 
Posted by Dustoff 1 on :
 
Led Zepplin -------->Stairway to Heaven---->Last sale feature. [Big Grin]
 
Posted by Peaser on :
 
Edit
 
Posted by Peaser on :
 
1.60 looks like it may fall on this run to it IMO.
 
Posted by CRab on :
 
ton of buys...
 
Posted by Peaser on :
 
2.00 sure would be nice to look at tomorrow.

I just better stop counting my chickens now. [Big Grin]
 
Posted by CRab on :
 
or today...
 
Posted by Peaser on :
 
Well yes, today would be sweeter. lol
 
Posted by Dustoff 1 on :
 
----last sale ----perfect stairway
 
Posted by Peaser on :
 
C'mon now, bounce sucker. 1.58? Nope, maybe 1.55 1.57
 
Posted by CRab on :
 
man...the mm's are moving fast now...looking at the bid and ask is like watching tennis...

isn't this how big boards move, lol?
 
Posted by SYGY on :
 
yeee!!hah!!!
 
Posted by Peaser on :
 
Today's chart sure is pretty to look at.

Perfect example of bull pennants.
 
Posted by CRab on :
 
1.50 the bottom here?
 
Posted by Peaser on :
 
This should be our bouncing point. 1.51ish.
 
Posted by Peaser on :
 
1.50's stacking
 
Posted by Peaser on :
 
LOL! Don't look like any shorts are gonna be successful here. This is great so far.
 
Posted by CRab on :
 
so you think there's truth to the short situation?
 
Posted by Peaser on :
 
I honestly do, but that's just my opinion.

Seems like shorts sure might be trying though.

It appears that most folks are buying and holding to me.
 
Posted by CRab on :
 
i'm not to sure if it's quite as bad as some folks are making it out to be...i haven't been able to convince myself...

seems to be holding around here...
 
Posted by 10of13 on :
 
Peaser or dust...someone said they saw a 911 and a 411 trade go thru...Did you guys see it?
 
Posted by Peaser on :
 
MM's appear to me to be manipulating this.

I'm not selling, ask doesn't appear to be that strong.
 
Posted by Peaser on :
 
Didn't see it 10.
 
Posted by Peaser on :
 
If the float gets eaten up, and this gets above 2.00, it could trade in .05 increments.

That's just my guess.

First thing is first though, we need to get to 2.00.
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by 10of13:
Peaser or dust...someone said they saw a 911 and a 411 trade go thru...Did you guys see it?

-------------------------------------------------
10, always remember that individuals can do things to..
 
Posted by CRab on :
 
i've been wondering when the increments would pick up...I figured something like 2 or 3 bucks would do it...

i'm still lost as to where this will end though...

at this point i'm just hoping it's not the biggest scam to ever cross pennyland, lol...
 
Posted by Peaser on :
 
1.46-47 is showing support so far on these past three dips.
 
Posted by 10of13 on :
 
Yep...understand that Dust..just wondering if it did go through and then things changed...I didn't see it...but it did start to dip...
 
Posted by 10of13 on :
 
This one is most certain to be a good learning experience for me...
 
Posted by SherriT on :
 
I think all of these stocks are providing valuable learning experiences for me...I just hope I pull the exit trigger at the right time this go round ;-)
 
Posted by Peaser on :
 
I am tempted to buy more here at 1.465. heh, heh

I think the MM's are scramblin' now, trying to scare folks into selling.
 
Posted by CRab on :
 
haha...buy more * 1.43

someone just bought 10k...
 
Posted by 10of13 on :
 
I am...just a tad lower ...!!! [Big Grin]
 
Posted by Jo4321 on :
 
question:

I'd like to buy on this dip as well. But if I then sell my other shares later today, will they count that as a round trip. Or can I specify that I am selling the shares I purchased yesterday?

Jo
 
Posted by Stock on :
 
quote:
Originally posted by Jo4321:
question:

I'd like to buy on this dip as well. But if I then sell my other shares later today, will they count that as a round trip. Or can I specify that I am selling the shares I purchased yesterday?

Jo

if you buy 5000 at the dip
you sell 5000 when u want and ur legit with your round trip
 
Posted by Peaser on :
 
Bouncin' 1.42 area?
 
Posted by 10of13 on :
 
Depends on your broker...but it will probably be a round trip...
 
Posted by Jo4321 on :
 
quote:
if you buy 5000 at the dip
you sell 5000 when u want and ur legit with your round trip

huh?
 
Posted by Stock on :
 
hello Kat btw

and fhal needs to f****g hall to its hod
 
Posted by CRab on :
 
you can pick which shares get sold...but depending on the broker they may not care that you're shares are old and count it as a roundtrip anyhow...
 
Posted by Stock on :
 
quote:
Originally posted by Jo4321:
quote:
if you buy 5000 at the dip
you sell 5000 when u want and ur legit with your round trip

huh?
...u sell the same ammount of shares you bought at the dip so you wouldnt have to worry about your other shares.

what part dont you get ?
 
Posted by Peaser on :
 
Added 1180 more at 1.445

Shoulda waited for the 1.41's. Doh!

Doh! 1.36. Why didn't I wait five freaking minutes more. poo!
 
Posted by Dustoff 1 on :
 
call your broker!
 
Posted by 10of13 on :
 
Hey Stock! Everything good?
 
Posted by CRab on :
 
COME ON DOWWWWWWWWWWWWWN...

this is kinda rediculous...

are we gonna test that 1.32?
 
Posted by Dustoff 1 on :
 
Just might see that 1.32....
 
Posted by 10of13 on :
 
Filled at 1.38! but it's going lower...ARGH!!!! If it tries to fill the gap from this morning I am grabbin more!

Next buy 1.16!
 
Posted by Stock on :
 
quote:
Originally posted by 10of13:
Hey Stock! Everything good?

i have been busy starting this business thing on my own. i got 2 partners, 1 providing me with $30k in a week then $40k a week later if i prove myself. And my other partner is a daytrader, so we are both going to daytrade and have fun with this.
by the way Fhal looked today, i could have made a fortune on it daytrading at each dip.
Soon enough though.
 
Posted by 10of13 on :
 
FANTASTIC STOCK! Glad all is working out!
 
Posted by Stock on :
 
quote:
Originally posted by 10of13:
FANTASTIC STOCK! Glad all is working out!

yea im so exited to finally reach my dream of becomming a day trader, i have been waiting on this for 2 days and i will finally get the chance to do what i do best.
so much money is going to be comming my way im getting exited.
 
Posted by Peaser on :
 
I son't think it's done Stock.
 
Posted by Stock on :
 
i was going to pull the trigger earlie at the 60s but that last 30 minute of each day makes me regret making a sell so early...lets see if we get a eod run.
there were also 40k...50k and even 60k worth of shares at the high 50s, so im sure those people know where their money is going...at least i would assume
 
Posted by Peaser on :
 
Some support at 1.33.

1.36's stacking

MM's brought it down fast, they can take it back up fast too.
 
Posted by Stock on :
 
i hate cash accounts, i have to wait just ONE more week before i get my margin and i just wish i had it RIGHT NOW, i would be fliping fhal like a burger all day
>_<!
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Stock:
i hate cash accounts, i have to wait just ONE more week before i get my margin and i just wish i had it RIGHT NOW, i would be fliping fhal like a burger all day
>_<!

-------------------------------------------------
Slow down, or you will lose everything you have...Margin accounts are for very well heeled and seasoned traders...Do you know what kind of tax ramifacations you are heading for and financial responsibilty?
 
Posted by CRab on :
 
besides...you flip a burger to much and it'll dry up...
 
Posted by Peaser on :
 
Here it goes. MM's are really scramblin' it seems.
 
Posted by Stock on :
 
quote:
Originally posted by Dustoff 1:
quote:
Originally posted by Stock:
i hate cash accounts, i have to wait just ONE more week before i get my margin and i just wish i had it RIGHT NOW, i would be fliping fhal like a burger all day
>_<!

-------------------------------------------------
Slow down, or you will lose everything you have...Margin accounts are for very well heeled and seasoned traders... traders..

i dont see how i can lose buy buying a stock, selling it after evena 10% gain...grabing it again at a dip, selling it at a bounce...as many trades as you want, no restrictions, you are in and out in a blink of an eye.
 
Posted by Jo4321 on :
 
I'm feeling pretty safe in this stock so I went ahead and bought on the dip at 1.41. I'll probably just hold onto all until after tommorrow so I won't have to worry 'bout that round trip stuff.

Jo
 
Posted by Stock on :
 
quote:
Originally posted by CRab:
besides...you flip a burger to much and it'll dry up...

i dont know about you crab, but i usually flip my burgers till they are cooked.
 
Posted by Peaser on :
 
I believe margin accounts charge you interest if you hold stocks over night, so be careful.

Call your broker to double-check.
 
Posted by 10of13 on :
 
Good thought Jo....!
 
Posted by SYGY on :
 
i smell very dry float!!!!!????humph!!SMELL'S BURNT!!
 
Posted by CRab on :
 
1.50 building back up...
 
Posted by Peaser on :
 
Getting ready to bounce again IMO in the 1.41 -1.43 range.
 
Posted by Stock on :
 
quote:
Originally posted by Peaser:
I believe margin accounts charge you interest if you hold stocks over night, so be careful.

Call your broker to double-check.

i got it all taken care of, i am only going to be fliping, never holdin over night, getting in a stock on its way up and out on its way up, im not gona buy and wait till it pops nor hold hoping for 2000%. small gains each day is all i want
 
Posted by SYGY on :
 
10 MILLION HERE we come!!
 
Posted by Peaser on :
 
MM's may have their cajones in a vice if they're short. I love it!
 
Posted by SYGY on :
 
EVERY AMOUNT OF SHARES BOUGHT ,,,,shares are being held!!! maybe 10 percent????
 
Posted by Dustoff 1 on :
 
Stock you have one thing right, the market will definatly "Take care of you"..Yicks, and how.

quote by stock.."i got it all taken care of"
 
Posted by SYGY on :
 
SQUEEZE!!!! buys and SHORTS!!!
 
Posted by Dustoff 1 on :
 
Stock, for one thing you are becoming a pest during a run..Hows that, nothing between the lines!
Do you know how to read? you quoted me, now read it!
 
Posted by Peaser on :
 
The ask is getting weaker on up to 1.50, it shouldn't be long now IMO.
 
Posted by SYGY on :
 
setting up MAJOR EOD RUN!!!!
 
Posted by CRab on :
 
ARCA & NITE...they suck...

...and still, they sit on 1.46
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Stock:
quote:
Originally posted by Dustoff 1:
Stock you have one thing right, the market will definatly "Take care of you"..Yicks, and how.

quote by stock.."i got it all taken care of"

i got it all taken care of as in calling my broker which was an answer to your post.
if by now you dont agree that fliping a high volume of shares steadily during the day is less risky and in the long run more profitable than holding and hoping then maybe we arent in the same ball park.

------------------------------------------------
You are a distraction during a run..You are making yourself into what appears to be a complete idiot..Scat!

In addition let me ad "Amateur.
 
Posted by 10of13 on :
 
Stock...be nice...dustoff is very helpful...

Let's move on to the end of day High!!!!!
 
Posted by Peaser on :
 
Geez, someone tried hacking me 247 times so far today.
 
Posted by CRab on :
 
anyway...the ask looks pretty thin to 1.49, 1.50
 
Posted by Jo4321 on :
 
1.45's are falling.
 
Posted by CRab on :
 
there we go...
 
Posted by 66inxs on :
 
relax and enjoy the ride. we have all made pretty good money off this. this is a four bagger for those who held over two weeks. some of us are already looking for the next rocket ! GLTA !
 
Posted by Stock on :
 
quote:
Originally posted by Dustoff 1:
quote:
Originally posted by Stock:
i hate cash accounts, i have to wait just ONE more week before i get my margin and i just wish i had it RIGHT NOW, i would be fliping fhal like a burger all day
>_<!

-------------------------------------------------
Slow down, or you will lose everything you have...Margin accounts are for very well heeled and seasoned traders...Do you know what kind of tax ramifacations you are heading for and financial responsibilty?

ok, we can start like this : tell me what you know about the tax ramification and the responsability that i thought was obvious. But go ahead, ill listen to what you have to say.
 
Posted by glassman on :
 
stock....AFTER MARKET CLOSES...

in a non'FHAL thread...

etiquette?
 
Posted by 66inxs on :
 
stock i use scotty and they changed my account to a margin account within 20 min. however there is a minimum balance you have to maintain and unless you have a 25k balance, the amount of flips you can do per 5 trsading days is severely limited. if you buy on margin it is like taking a loan for the stock and most brokerages won't let you trade pennies on margin. hope this helps.
 
Posted by Stock on :
 
quote:
Originally posted by glassman:
stock....AFTER MARKET CLOSES...

in a non'FHAL thread...

etiquette?

yes plz
 
Posted by Stock on :
 
quote:
Originally posted by 66inxs:
stock i use scotty and they changed my account to a margin account within 20 min. however there is a minimum balance you have to maintain and unless you have a 25k balance, the amount of flips you can do per 5 trsading days is severely limited. if you buy on margin it is like taking a loan for the stock and most brokerages won't let you trade pennies on margin. hope this helps.

i KNOW all this man, thanks though.
first week of august i will have arround 35,000 for my margin account, i dont need to apply for a "loan" with scottrade.
 
Posted by CRab on :
 
1.55 and 1.60 look good...
 
Posted by Peaser on :
 
1.55 next challenge. If we get back above 1.55, this might make a run at a close near HOD IMO.
 
Posted by 66inxs on :
 
1.50 great action today, but lots of resistance - profit takers vs bulls. will this be frozen on fri am and will they announce it beforehand ?
 
Posted by Stock on :
 
a close in the 50s would be just fine, a new high has been set, so catching it will be the next fun part for the open ( if we dont catch it by the close...which i doubt)
 
Posted by 10of13 on :
 
quote:
Originally posted by 66inxs:
1.50 great action today, but lots of resistance - profit takers vs bulls. will this be frozen on fri am and will they announce it beforehand ?

Not sure how that will play out...and the date isn't set in stone...
 
Posted by Jo4321 on :
 
I don't know, we could break it. 1.57's falling now.
 
Posted by Peaser on :
 
Just glad I added more shares on that last mother of a shake.
 
Posted by 66inxs on :
 
1.57 with 10 mil traded. looks like eod run will happen, maybe even new hod !
 
Posted by Stock on :
 
quote:
Originally posted by Peaser:
Just glad I added more shares on that last mother of a shake.

overnighting ?
 
Posted by Peaser on :
 
If you're referring to if I am holding my shares overnight, the answer is yes, and I refuse to use margin.
 
Posted by Stock on :
 
quote:
Originally posted by Peaser:
If you're referring to if I am holding my shares overnight, the answer is yes, and I refuse to use margin.

then why dont you open it with your own money instead of the broker's ?
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by glassman:
stock....AFTER MARKET CLOSES...

in a non'FHAL thread...

etiquette?


 
Posted by Peaser on :
 
1.51, final bounce for the day?
 
Posted by Peaser on :
 
Stock, what are you smokin? Shew fly, shew.
 
Posted by Peaser on :
 
1.60 might fall quick if we can get back up to it.
 
Posted by CRab on :
 
right below HOD, on an uptick for the close?
 
Posted by Dustoff 1 on :
 
Definatly a nice stair step into the close..
 
Posted by glassman on :
 
WTF are arca and nite doing?
 
Posted by CRab on :
 
quote:
Originally posted by glassman:
what the &^&*( are arca and nite doing?

what they do best...
 
Posted by CRab on :
 
here we go...
 
Posted by 10of13 on :
 
Whoo hooo....yeah babbbbbyyyyy!!!!!
 
Posted by Peaser on :
 
Good night Irene! 1.60 has fallen and rather quickly might I add.
 
Posted by glassman on :
 
 -

http://www.pbrnow.com/ridersbulls/bulls/bull.cfm?ID=6754
 
Posted by 10of13 on :
 
Oh yeah....I'm doin' the jig....this is SWWWEEEETTTT!
 
Posted by Peaser on :
 
Gapper tomorrow anyone? [Big Grin]
 
Posted by 10of13 on :
 
apparently I must be a cowgirl....Cause i am goin' to keep ridin' this bull!!!!

Yeeee haaahhhh!
 
Posted by Peaser on :
 
1.62 close.
 
Posted by Jo4321 on :
 
Way too conservative, I am. Sold some at 1.55 and now I have that R/T against me as well.

But I still have some of my $1.00 shares. Look forward to a gap tommorrow!

Jo
 
Posted by Dustoff 1 on :
 
posted July 24, 2006 09:23
--------------------------------------------------------------------------------
Are we having fun yet?

FISH ON!!!!!
=================================================
Looks like a grander "Pacific Blue Marlin!"

7+ hours and still Tail walking!
[Big Grin]
 
Posted by glassman on :
 
ARCA must be bleeding...
they did everything they could to block the close at HOD
 
Posted by 10of13 on :
 
Great DAY!!!!!!!!!

Let's play again tomorrow...shall we? LOL...
 
Posted by CRab on :
 
lok how pretty that chart is for about the last twenty minutes...
 
Posted by Puddy on :
 
An afermarket PR would be the cherry on top!
 
Posted by Peaser on :
 
No doubt glass. More like a gaping wound. lol
 
Posted by Peaser on :
 
Crab that chart was pretty all day man.

Nothing but bullish pennants, breakouts, and a devilish shake.
 
Posted by glassman on :
 
i can't remeber ever seein' an MM on the BID and the ASK at the same time for that long.. seconds yes, but never that long....
 
Posted by CRab on :
 
Yeah...i'm looking forward to the rest of the week...hopefully we aren't all crying on friday trying to figure out who has the best lawyers, lol...
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:
i can't remeber ever seein' an MM on the BID and the ASK at the same time for that long.. seconds yes, but never that long....

Shorts, shorts, shorts.

Shorts, shorts, shorts.

Shorts are fryin'! [Big Grin]
 
Posted by CRab on :
 
SHORTS ARE FRYYYYIN!
 
Posted by Dustoff 1 on :
 
"Oh' the Humanity of it all"

What the heck are we going to do now? We actually have a stock!!! [Big Grin]
 
Posted by Peaser on :
 
Well, I played XKEM all of June, into July; Why not FHAL the rest of July and into August. lol

It's nice being able to find one stock per month that runs the way these have.

A thing of beauty.
 
Posted by CRab on :
 
after the volume on friday is anyone suprised that today's was as high as it was?
 
Posted by CRab on :
 
have a good one all!
 
Posted by Dustoff 1 on :
 
Right on CRAB!
 
Posted by Peaser on :
 
Great day all!
 
Posted by GreenDay on :
 
quote:
Originally posted by Peaser:
Well, I played XKEM all of June, into July; Why not FHAL the rest of July and into August. lol

It's nice being able to find one stock per month that runs the way these have.

A thing of beauty.

Peaser - same here xkem to fhal. I been in the threads with you all summer and have loved your chart reading (and banter) you are great, thank you!
 
Posted by Peaser on :
 
You're welcome GD. Gotta have some fun when we can to keep it interesting, otherwise I'd fall asleep in my chair everyday. lol

The more of everyone that survives their first year of trading the better. Just gotta take yer lumps, learn as you go and move on to bigger and better things. I hope you're doing well.
 
Posted by T e x on :
 
congrats, everybody...that musta been exciting... [Eek!]
 
Posted by Peaser on :
 
Tex, stay tuned to the same bat channel tomorrow. lol
 
Posted by T e x on :
 
lol, starting to look like all I need to do is get off early and catch the eod action...
 
Posted by Newbie7 on :
 
Would it be a gapper tomorrow?
Or would people be taking profits in the morning?
MM purposely try to press this thing below $1.5 in the last few hours today...
 
Posted by Green Giant on :
 

 
Posted by wallymac on :
 
quote:
Originally posted by Dustoff 1:
"Oh' the Humanity of it all"

What the heck are we going to do now? We actually have a stock!!! [Big Grin]

LOL

I've been in since early on and in most cases just sit back enjoy and read all of your posts. every once in a while I post just so you know I'm here. One hell of a ride so far.

GLTA
Wally
 
Posted by wallymac on :
 
quote:
Originally posted by Green Giant:
Press Release Source: Force Protection, Inc.

CORRECTING and REPLACING Force Protection, Inc. Announces $41 Million Equity Financing
Monday July 24, 6:28 pm ET

LADSON, S.C.--(BUSINESS WIRE)--July 24, 2006--Please replace the release with the following corrected version due to multiple revisions.
Force Protection, Inc. (OTCBB:FRPT - News), manufacturer of the Buffalo and Cougar armored vehicles deployed with U.S. forces in Iraq and Afghanistan, today announced it has closed on a private placement of 8.25 million shares of common stock, generating gross proceeds of $41.25 million.
The securities were sold to a select group of institutional investors, including John Hancock, at $5.00 per share with no warrants. C.E. Unterberg, Towbin acted as Force Protection's exclusive placement agent.

"We are extremely pleased to make this announcement," said Force Protection CEO Gordon McGilton, who noted that this round of financing would help the company expand its production capabilities to meet expected demand. "The working capital generated by this financing will allow us to maintain focus on delivering armored vehicle technology to support U.S. and Coalition troops in Iraq.

"We appreciate the investors who have participated in this financing. Their efforts will help ensure that more lives are saved by the cutting-edge blast protection technology incorporated in the Buffalo and Cougar vehicles."

About Force Protection, Inc.

Force Protection, Inc. manufactures ballistic and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against land mines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured near Charleston, S.C.

Any Thoughts on this news?

I guess my first thought is: what does it have to do with FHAL or CVSU? If you could let me know I'd sure appreciated it.

GLTA
Wally
 
Posted by Green Giant on :
 
Sorry, wrong forum. It is deleted
 
Posted by Chad on :
 
Member Rated:
posted 07-24-2006 17:12
--------------------------------------------------------------------------------
so is this Friday the day symbol changes or is it Monday? or does anyone know?

I would like to buy when funds settle Wednesday. I do have concerns however as Im sure lots do, especially us newcomers. Maybe some of the LONGS can help me:

There's many people talking of what option will be chosen. Seems like option C is the leading canidate, which is make this $15 with new ticker.
------------------------------------------------
1) I would think all of FHAL shareholders would sell asap and take huge profits if that happened, while some would sell half and see whr new company goes. Which of course should send stock down, how far, not sure? any case, everyone should make good gain, even if they bought now.

2) If the option where they take the avg price happens, then everyone would lose a bunch of money, cause it would open much lower then it is now.

Im just wondering if the LONGS think this is still a safe stock to buy. I know with reward comes risk, but if anyone has been in this long, ur opinions on this stock are appreciated. thx!
 
Posted by 10of13 on :
 
chad..on this particular thread..I am not sure there are that many "longs"...but on the .10 and under thread there are several that claim to be "long"...I am sure most there would tell you that it is worth the gamble...

Taking the gamble is something that you have to choose...no one else...If you do decide to get in...make sure to take your original investment out ASAP...and then let the rest ride...but again..your call..

GLTY!
 
Posted by T e x on :
 
10 of Doomsday?

How could you?

If he takes out half? He's missing on sure profit, no?
 
Posted by Chad on :
 
thx 10, i posted on other site, no replies.

It would be hard to fathom rufus going thru all this stuff and even being quoted in interview saying the new stock will come out at $15, if its supported, and then lie and go with option A.

My only nervousness is buying, then seeing the new ticker come out at less then it is now. (due to the average pps) i read about with I think option A.

It all seems to unreal....I'd be perfectly happy though with a 50% increase from my buyin point.

Im geussing you obviously are all in. TEX, whr do u stand on all this?
 
Posted by glassman on :
 
tex you bein' a smartass? LOL

Chad always protect your ass-ets

at least sell enough to get even if the deal doesn't work out like this guy wants...
in my experience? plenty of panic buyers will show up ass the day nears...
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
tex you bein' a smartass? LOL

YES!
 
Posted by T e x on :
 
Chad wonders:

"TEX, whr do u stand on all this?"

good play...if you got cojones for volatilty--lol, see my first response to Wally...

invest? nah....

really nice play, though--hope/trust all here at Allstocks make dough...
 
Posted by glassman on :
 
did somebody say CAJONES [Big Grin] [Big Grin]
 
Posted by T e x on :
 
lol, my pop had a famous conversation in which he intended Conejo but mis-spoke...
 
Posted by glassman on :
 
tex, do you remember the last day of trading on GVRP before the 3million to one divvy? 4 to 10$?
 
Posted by T e x on :
 
yup... saw you sell at $2 ABOVE ask...
 
Posted by glassman on :
 
we may have a simliar scenario here.

i will have sell orders way up there...
bird in hand and all that....
 
Posted by 10of13 on :
 
quote:
Originally posted by T e x:
10 of Doomsday?

How could you?

If he takes out half? He's missing on sure profit, no?

LOL..You are such a butt head! [Razz]

"Butt" love ya anyways!
[Wink]
 
Posted by 10of13 on :
 
Tex claims;

"..good play...if you got cojones for volatilty--lol..."

Damn! I knew I was missin' somethin'!
 
Posted by wallymac on :
 
quote:
Originally posted by T e x:
lol, my pop had a famous conversation in which he intended Conejo but mis-spoke...

LOL. That was good Tex.


You guys/and gal are busting me up tonight. Thanks I really needed a good laugh.

GLTA
Wally
 
Posted by redmax on :
 
OK, I thought I would put together a post with basically everything you need to know as to why this stock will more then likely soar:

CVSU is merging into FHAL. FHAL acts as the shell company, where CVSU is practically buying the shell (FHAL) an already established and listed corporation, for next to nothing. Basically it is a cheap way for CVSU to IPO themselves, not having to worry about underwritters, lengthy delays, etc.

Now, The book value of the Merged company is $7.21 as of the last filing. This will probably go up to the $20+ range when the 10q is filed and all the spinoffs and deals are factored in.

The stock price is guaranteed to hit $15.00 by Monday as the company will be resetting the price at that, atleast this is according to the CEO and the 8k filed with the SEC last week.

Now the #1 question I see is "What will keep the share price at $15.00" Of course it is not guaranteed to stay at a certain price once it is reset, however most stocks trade at 2-8 times mulitple of the book value. Even if the book value is $7.21 like it was in the last filing (which will be lower then the actual value IMO), that would put the share price at between $15-$60 right off the bat.

Another thing I wanted to note is that the current Float according to the company and TA is approximately 20 million shares. This is big IMO, since over half the float traded today alone.

Now the next thing I hear all the time is "This is too good to be true" Well, Check out this link and notice how FHAL falls right next to these stocks in that they too are acting as a shell for a larger successful company. http://www.shellstockreview.com/ssr-Home.html

As you can see, this is the real thing folks. IMO there is very little chance buying into this stock could lose you money. Atleast for under $15.00.
 
Posted by Jo4321 on :
 
Thanks for that link redmax, those sounded too good to be true as well, but there it is in black and white.

Jo
 
Posted by 10of13 on :
 
Oh Man...red...I DID NOT NEED TO READ THAT! LOL!

Somebody bring me back down to reality would ya...PLEASE! tell me that it ain't so...this will never fly..it ain't gonna happen...too good to be true therefore..it ain't so...hello?? Anyone?
 
Posted by T e x on :
 
10 of Conejas...

is "redmax" also known as "redelmo"

I can't remember...
 
Posted by 10of13 on :
 
LOL...Tex...
No, I don't think so...
it's like sayin' I am 7of9...
I think...damn I forget...
"butt"...is that all that you can give me on this not happening? LOL!

Where's PURL? She'll set me straight...Figures I need to "lean" on a woman...LOL...
 
Posted by T e x on :
 
lol, she'll be happy to hear that...didn't know you had "leanings"...

seriously? it's a play...who knows how far... you saw Glass's post, right? GVRP/ geek play... ring a bell?
 
Posted by 10of13 on :
 
Don't we all have "leanings"?...just different "types" at different times...LOL

I have been "playing" this one for literally every "flippin", flip n way I can!

Yes, saw glasses post...

Yes...bells are ringing...but I think it's the searching I've been doing on this that is causing it...LOL
 
Posted by Purl Gurl on :
 
"Somebody bring me back down to reality would ya"

Buy one-hundred-thousand shares and hold.

In time, reality will be upon you.

There is a hard lesson on flipping to be learned
by many. People can become flip crazy. Again, in
time, reality will be upon you.

Either buy and hold or flip. Reality will
catch up with you.

Purl Gurl
 
Posted by Peaser on :
 
Looks to be gapping already.

1.64 on the bid, yesterday's HOD.

Sure would be nice to get through $2.00 early today.
 
Posted by Peaser on :
 
Someone was asking about margin yesterday:

See "Margin disclosure statement"

http://www.morganstanleyindividual.com/CustomerService/Disclosures/
 
Posted by 66inxs on :
 
gapping again to 1.67. looks like another runner. peaser, you just might get that 2.00 today. GLTY
 
Posted by Dustoff 1 on :
 
Soooooo, now me brain is scrambled again....

Is the whale endorsing this stock?

Where is me periscope?
 
Posted by 10of13 on :
 
quote:
Originally posted by Dustoff 1:
Soooooo, now me brain is scrambled again....

Is the whale endorsing this stock?

Where is me periscope?

That's what I got out of her post...wow..I can't even lean on her right now...jeeze! LOL
 
Posted by Dustoff 1 on :
 
Wild and playful crazy whale with teeth!!!

me submerging now to periscope depth...
 
Posted by Jo4321 on :
 
Her message was more cryptic than usual, LOL.
 
Posted by CRab on :
 
look at 1.69 and 1.70

look how many are above two now, lol...

edit: as it falls, lol...there is alot of premarket stuff going on as well...
 
Posted by Peaser on :
 
1.62 x 1.626 currently.

Might be a possible dip in the first 15 - 20 minutes today. I'm holding in any case.
 
Posted by CRab on :
 
looks that way...
 
Posted by Peaser on :
 
1.40ish bounce IMO.
 
Posted by 10of13 on :
 
Happy diving Dust....
 
Posted by CRab on :
 
it'll be over in about ten minutes with some people feeling as if they were just violated, lol...
 
Posted by Braindamaged on :
 
MM's are playing their games and some people are taking profits.

This will end and we will bounce back just as fast
 
Posted by CRab on :
 
whats up with ARCA playing with the size of the ask? what is the purpose there?
 
Posted by CRab on :
 
65591 buy just went through...

someone's feeling confident...who took Purl's advice?

and then a couple of big sells went through...fun morning we're having here...
 
Posted by Peaser on :
 
My opinion CRab is that he's trying to manipulate it by scaring folks into selling.

See it all the time on other stocks.
 
Posted by CRab on :
 
yeah i know...just hate playing the "oh it's just mm's manipulating the stock" card...

but they seem to be walking it down quite a bit...testing the 1.32 again ehh?
 
Posted by Peaser on :
 
Hmm, 1.35 IMO approaching bottom.
 
Posted by Peaser on :
 
Added more at 1.37
 
Posted by Purl Gurl on :
 
"Her message was more cryptic than usual...."

Not really. My message is if you keep playing
this one, you will lose money; a dose of reality.

Those readers who are confident of receiving
fifteen dollars per share, buy hundreds of
thousands of shares and hold. Reality will
catch up with you.

Purl Gurl
 
Posted by Dustoff 1 on :
 
Well, at periscpoe depth now, and the water is mighty deep below me..

Thought me saw the whale coming up... [Eek!]
 
Posted by Peaser on :
 
Looking to test 1.45 shortly IMO.
 
Posted by Purl Gurl on :
 
"Thought me the whale coming up...."

Reminds me of my goldmine stock I played a
couple of years back. You boys asked me for
the ticker symbol, I refused to protect you.

UNCN

Three to four times a month, I would buy some,
ten-thousand shares, flip it a few days later
for a hundred bucks, maybe two-hundred bucks.

I played this one exactly ten times. For my
tenth attempt to flip, UNCN crashed for a
virtual loss of all my money. My tenth trade
wiped out my profits for my ninth trade plus
a bit. In the end, I made eight successful
flips for an acceptable net profit.

My comments are readers will finish in tenth
place, like I did, if you allow greed to control
your thinking.

On this fifteen dollars per share, why is this
stock not already trading near fifteen per share?

Purl Gurl
 
Posted by CRab on :
 
ARCA seems to want this to move now...
 
Posted by Peaser on :
 
NITE v. ARCA at 1.42
 
Posted by Peaser on :
 
1.40 holding up so far.
 
Posted by Purl Gurl on :
 
Difference here is I played UNCN at five cents per,
six, seven cents per.

This one, you people are playing at a buck thirty,
a buck fifty. Risks are too high for this.

Purl Gurl
 
Posted by CRab on :
 
arca wants 1.50
 
Posted by Peaser on :
 
NITE + ARCA walking it up a bit now.
 
Posted by Peaser on :
 
1.45 stacking.

This needs to get back through the 1.48 - 1.50 area shortly for any significant move up today IMO.
 
Posted by CRab on :
 
yeah...and yet 1.45 seems to be trouble at the moment...
 
Posted by Peaser on :
 
Bounce 1.44 it appears.

Might test that 1.50 soon, well I am hoping anyhow.
 
Posted by CRab on :
 
1.59 building
 
Posted by Peaser on :
 
Might see 1.58 this time around.
 
Posted by Peaser on :
 
1.46 needs to hold if we test it IMO.
 
Posted by CRab on :
 
have another question about the short positions and mm activity...

If there really is a large short position, do you think that those that are short are not bringing the price down because they are not expecting this to work out? Said another way...they're not worried about the short position because they know this will tank soon enough?
 
Posted by Peaser on :
 
I see an end of a pennant between 11:10ish currently if we bounce at 1.44.

ABLE collecting at 1.44 here.
 
Posted by Peaser on :
 
A 1.43 bounce shows an 11:30ish pennant end.

Nice support from 1.40 - 1.42
 
Posted by Stock on :
 
30 minutes before the conference.

I wonder what more they need to clear they havent done yet
 
Posted by Peaser on :
 
An 11:30 PR would be sweeeeet IMO.

Anyhow, that would coincide with the chart for today.
 
Posted by Stock on :
 
peaser u listning to m n 1 radio right now ?

i am very curious about what the fhal guys have new to tell us, or clarify AGAIN...i hope its not a fluff or anything that might drive the buys away and bring the panic sells
 
Posted by Peaser on :
 
m n 1? No, what's up? I am playing the chart.
 
Posted by Stock on :
 
they are showing a conference in 20 minutes from now about fhal on the live radio...so im going to keep an ear on that.
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Stock:
peaser u listning to m n 1 radio right now ?

i am very curious about what the fhal guys have new to tell us, or clarify AGAIN...i hope its not a fluff or anything that might drive the buys away and bring the panic sells

------------------------------------------------
Stock, now ya are doing it right..Peeps took that nonsense yesterday as bragging and offtopic, during a run..Ka---Pish [Big Grin]
 
Posted by DMOST on :
 
CONFERENCE CALL HAS BEEN MOVED TO 14:30.


"HOLD'EM UNTIL THEY BLOW-UP"
 
Posted by Peaser on :
 
Nice, broke out of the pennant.
 
Posted by Peaser on :
 
Thanks for the info Stock. I just found the website after searching google for it.

I was unaware of the conference call for today. I'll be listening.
 
Posted by Stock on :
 
quote:
Originally posted by Dustoff 1:
quote:
Originally posted by Stock:
peaser u listning to m n 1 radio right now ?

i am very curious about what the fhal guys have new to tell us, or clarify AGAIN...i hope its not a fluff or anything that might drive the buys away and bring the panic sells

------------------------------------------------
Stock, now ya are doing it right..Peeps took that nonsense yesterday as bragging and offtopic, during a run..Ka---Pish [Big Grin]

lets start clean today Dust
 
Posted by Puddy on :
 
Website down...wonder if they are updating info???
 
Posted by Stock on :
 
quote:
Originally posted by DMOST:
CONFERENCE CALL HAS BEEN MOVED TO 14:30.


"HOLD'EM UNTIL THEY BLOW-UP"

then that puts the conference at 30 minutes before the close EST time which is the bell time...hmm maybe a EOD conference run. Let me check on the update about that
 
Posted by CRab on :
 
so what is the chart looking like now...i'm looking at it and it doesn't look much different from yesterday?

seems we're kinda static around 1.50 for the moment though...

think we're going to about 1.56-1.58 before the next dip?
 
Posted by Peaser on :
 
1.48 should be bottom on this minor retracement IMO.

Current pennant appears to end around noon est.

Chart says a new HOD by 1pm est if the support line holds up.
 
Posted by Stock on :
 
honestly what ever happens today wont be anything drastic. The last 30 minutes when the conference is on i think will decide weather this is going to close VERY green or ....yea or else, lets keep it at that.
 
Posted by CRab on :
 
quote:
Originally posted by Stock:
honestly what ever happens today wont be anything drastic. The last 30 minutes when the conference is ok i think will decide weather this is going to close VERY green or ....yea or else, lets keep it at that.

i think you're right...not so sure it even matters what happens the rest of the day...

although I like what we're doing now...
 
Posted by Peaser on :
 
Looking for a new pennant now.
 
Posted by Stock on :
 
hey Peaser, remember when you taught me about the pennants and flags, looked them up, and called the run on xkem ;)after drawing on my chart with the lines
( i know u were proud...dont hide it lol )
 
Posted by Peaser on :
 
quote:
Originally posted by Stock:
honestly what ever happens today wont be anything drastic. The last 30 minutes when the conference is on i think will decide weather this is going to close VERY green or ....yea or else, lets keep it at that.

I agree. I believe that another confirmation today of the 7.21 value could send this above 2.00 in the final 15 minutes today.

If bad news, then it tanks.

Hopefully, the latter of the two evades us.

Time will tell.
 
Posted by CRab on :
 
isn't this a perfect example of a bull something or other pennant...the one that closes up before a run?
 
Posted by Peaser on :
 
Bull pennant; Learn it, and watch the minute chart.
 
Posted by Stock on :
 
the Fhal guys just like Rufus have trading experience i would assume..they know what kind of news brings a stock up and what can tank it...fluff is straight tankland, repetition is tankland, clearing something we already know is tankland as well...anything new that we have been waiting to hear is what will bring us above yesterday's HOD
 
Posted by CRab on :
 
the ask looks pretty good...i don't know where that chart says it's going though...
 
Posted by a surfer on :
 
so is the conference at 14:30
 
Posted by Peaser on :
 
12:30ish est end of next pennant.
 
Posted by a surfer on :
 
Thanks Peaser
 
Posted by Peaser on :
 
A break above 1.58 and this pennant is no more.
 
Posted by Peaser on :
 
quote:
Originally posted by a surfer:
Thanks Peaser

YW
 
Posted by Stock on :
 
60 on the ask
 
Posted by CRab on :
 
look at 1.70

not yet i guess...
 
Posted by Peaser on :
 
quote:
Originally posted by a surfer:
so is the conference at 14:30

3:30 EST. I just heard them mention it on the radio. This is the first time I have listened to this show. I don't like the station so far, but will unfortunately tredge through it today, just to listen to the interview. lol
 
Posted by Stock on :
 
its going to draw back before 12:30
 
Posted by Peaser on :
 
New pennant formed, ends around 1pm.
 
Posted by Stock on :
 
not enough buys...cant hold at the 60s for now
 
Posted by CRab on :
 
ubss is strange...or did my screen just lock up?
 
Posted by Stock on :
 
no movement...and bid and ask still messed up.
 
Posted by Dustoff 1 on :
 
give me a ticket for an Airplane
I ain't got time for no fast train
 
Posted by glassman on :
 
what's messed up? the thing that's messed up here is the shorts the MM's sold at .20$ and below....
 
Posted by CRab on :
 
game on...
 
Posted by Stock on :
 
back moving nice. if UBSS wants shares, i can go outside and smoke a cig safe. Swiss banks put their mouth where their money is
 
Posted by Peaser on :
 
1.57ish looks to be a possible bottom on the next bounce IMO.
 
Posted by Stock on :
 
i dont think that was a dip yet
 
Posted by Stock on :
 
needs to get to 61/62 for the new pennant
 
Posted by CRab on :
 
several new mm's seem to have appeared...
 
Posted by Stock on :
 
peaser, the minute chart is now showing a bull, correct me if im wrong, i see the dips and bounces at the low 60s formed it. the real dip might be on its way
 
Posted by Peaser on :
 
There's my 1.57, let's see if it holds.
 
Posted by Stock on :
 
most likely above 50...hopefully
 
Posted by Peaser on :
 
MM's shakin' it a little.

Looking for a new bottom to a new possible pennant.

1.51 may be it.
 
Posted by BooDog on :
 
1.47 on the way
 
Posted by Peaser on :
 
TRAC trying to push it down possibly.
 
Posted by CRab on :
 
trac has been pretty active...changing size drastically and all...
 
Posted by Peaser on :
 
1.46 showing support. Might be a good call there Boo.
 
Posted by BooDog on :
 
I have a buy set a t 1.40 missed it this morning - had to move puters lol don't think it will fill though now.
 
Posted by Peaser on :
 
FHAL news
 
Posted by 10of13 on :
 
News out!
 
Posted by Stock on :
 
i have a feeling that news is going to hurt the price...it was pretty...weak
 
Posted by BooDog on :
 
it didn't hit yahell
 
Posted by Stock on :
 
i guess thats about all they had to say...hopefully the conference has more than just 2 new employees
 
Posted by BooDog on :
 
there it is
 
Posted by Peaser on :
 
Nope, 1.48 looks like it was it.

Channeling nicely so far.
 
Posted by BooDog on :
 
yikes put the big dogs on....hope they know what they're going to say already or else!
 
Posted by CRab on :
 
ubss trying to push down it possibly...
 
Posted by Stock on :
 
i dont like the look of this right now. I dont think that was good timing for that pr...
 
Posted by CRab on :
 
i'm thinking the only reason it got pushed back was for that PR to be released...kinda like an afterthought that wasn't so thought out...

activity has REALLY slowed down...
 
Posted by Stock on :
 
that other thread is filled with emotional irritating ihub clones...
 
Posted by BooDog on :
 
canxd my big buy order lol
 
Posted by Stock on :
 
47 too high ? lol
 
Posted by BooDog on :
 
too bad I cant go to 30sec on the chart
 
Posted by CRab on :
 
it'll only get really irritating when people start saying things like "TO DA MOOOOOOON!!!!!!!!!" or "SELL, SELL, SELL!!!!!!! IMHO"...

seems to have died...although only buys in the last ten minutes or so...
 
Posted by BooDog on :
 
does that happen in allstocks?


j/k
 
Posted by Stock on :
 
quote:
Originally posted by CRab:
it'll only get really irritating when people start saying things like "TO DA MOOOOOOON!!!!!!!!!" or "SELL, SELL, SELL!!!!!!! IMHO"...

i dont mind people saying, "this looks good"...but the OMG!!! THIS BABY IS GOING TO FLY!!!!!11 YYYEEEEEPIIIIIE"....just shut up and post something useful

im going to stay on this thread instead.
anywho...snap...i was debating weather or not get in wwen this morning after the gap...almost at 100% so far ...damn
 
Posted by BooDog on :
 
I'm not in, was going to throw some in this morning but my boss made me move desks, waiting for another good dip - the phone conference might give it to me. Waiting for 1.40, not that anxious.
 
Posted by CRab on :
 
jeese...this is boring now...i'm going to lunch...
 
Posted by Jo4321 on :
 
Time for a nap so we don't fall asleep during the conference.

Jo
 
Posted by glassman on :
 
This is quite posssbly the most amazing post i have ever seen...
i am willing to roll the dice...

but this guy? he says he put everything on a short here?


Posted by: thegreedpolice
In reply to: None
Date:7/25/2006 1:30:41 PM
Post #of 12705

If it sounds too good to be true, it usually is!!!! Hasn't anybody here heard that. This one sounds way to good to be true so it can't possibly be true.

Companies just don't announce they are going to give away money unless they are after yours.

I am betting much of life saving to sell short this stock so as to profit from buyers almost certain loss in this situation. I am selling nearly all my stocks to take full advantage of this once or twice in a life time opportunity.

Hate me and curse at me in your misguided glee or sell now or sell short and thank me later for saving you or making you money instead. It is your choice.

Why would any company come out and announce they are going to give away over 1300% gains in a short period of time unless they were trying to bait you into giving them your money. That is what I think you are doing when you buy this stock, giving them your money. This kind of thing does not happen in the real world of stocks and this is not an exception in my opinion.

I have been an extremely successful trader for over 15 years and see this as a once or twice in a life time opportunity to benefit emormously by betting against this stock.

All of above is my opinion. But I am sure it is the correct opinion.


even at 4$ he will destroyed.... broke.. in debt for his current net worth and then some..
 
Posted by CRab on :
 
well...didn't miss much, lol...
 
Posted by glassman on :
 
this once or twice in a life time opportunity.

we see opputunities to short much better than this once or twice a month...

i personally never short... but i still see the opportunities..

this is one of the most interesting plays i have ever witnessed...

BTW that was an ihubber
 
Posted by 10of13 on :
 
Well glass..i would agree...and you have been tradin' alot longer than I!
 
Posted by Stock on :
 
lunch is on its way in 10 minutes. had to order, dont want to miss any action...but action is what this lacked in the past hour. At least it has been holding steady at a nice level so far...hopefully it holds until the conference.
I am going to pray in all the 4 languages i speak the conference doenst ruin the run.
 
Posted by Purl Gurl on :
 
"he says he put everything on a short here?"

He has the right concept but two or three days
too soon. Thursday or Friday, looks a possible
downward slide will appear. Downward pressure
is building rapidly.

Might begin tomorrow but I am betting on Friday.

Challenge with shorts, as ordinary traders, is
settlement due date; timing must be right to
not be caught in a short squeeze through broker
settlement demand.

Purl Gurl
 
Posted by glassman on :
 
PG, regardless of your view on this stock? putting a heavy short on one like this is crazy...
you believe the PR and the filings are fluff...

i am neutral.. i have never seen a stock price

*adjusted*

there is no reason to believe the price would crash after the support has been set this high....

i still suspect shorts have been caught and are being squeezed already...
 
Posted by T e x on :
 
1.5051 [Eek!]
 
Posted by glassman on :
 
the behaviour of the MM's suggests to me that they are already trading amongst themselves to extend settlement periods...
 
Posted by CRab on :
 
where is this little staircase taking us? think we're starting to turn around...
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by T e x:
1.5051 [Eek!]

------------------------------------------------
[Eek!] as in area 51?
 
Posted by T e x on :
 
no, four-decimal trading...see Glass's post
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by T e x:
no, four-decimal trading...see Glass's post

-------------------------------------------------
As in humor maybe? or sarcasm?
Area 51 is a great place for the conspiracy folks.. [Big Grin]
 
Posted by T e x on :
 
that way of thinking is alien to me...
 
Posted by CRab on :
 
1.5001
 
Posted by Purl Gurl on :
 
There exists no fundamental support for these
prices. Both companies involved are basically
bankrupt; no assets, no cash, no revenues.

This is a pure speculation bubble which will burst.

Purl Gurl
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by T e x:
that way of thinking is alien to me...

-------------------------------------------------
chuckle [Razz] maybe I am a little green man from area 55
 
Posted by glassman on :
 
so, purl....

the 850 million in assets provided in the filings is a lie?
CONVERSION SOLUTIONS, INC.
(A Development Stage Company)
Statement of Cash Flows
January 1, 2006 - March 31, 2006

OPERATING ACTIVITIES

Net Income


($ 284,019)


Net Cash Provided by Operating Activities

INVESTING ACTIVITIES:




($ 284,019)



Stables


($277,000)


UCC Security Notes


($ 310,138,000)


Interest Receivable


(33,125,000)


Long-Term Investment in Bonds


($ 500,000,000)


Net Cash Provided by Investing Activities




($ 843,540,000)




FINANCING ACTIVITIES

Capitol Stock




$ 2,329


Accumulated Other Comprehensive Income


$ 803,430,836


Note Payable




$ 4,400,000


Long-Term Note




$ 36,000,000






$ 843,833,165


 
Posted by Dustoff 1 on :
 
Oh' come on whale! the suspence has me a climbing me Mast, with me periscope!
Where be the whale?
 
Posted by glassman on :
 
nah.... dusty it's a hard question....

like i said? i'm not anywhere near 100% confident either...
i wanna know how they can do it..
especially since i've been readin up on some of the new rules concerning audits...

either they have it? or they are breaking the rules? as far as i can tell?...
 
Posted by Dustoff 1 on :
 
glassman gotta agree, damn near cut and dry...
 
Posted by Peaser on :
 
Just woke up. lol

Anyone ready for an end of day run?
 
Posted by CRab on :
 
ohhh...ohhhh...meeee...meeeeee!!!!!

(was that ihubbish enough for ya'll)
 
Posted by Dustoff 1 on :
 
peaser,,,, well take the keyboard offa yer 4head.. [Roll Eyes]
 
Posted by Peaser on :
 
Just did a little bit ago [Big Grin]

It was rough waking up. Half the keys on the board are missing!!!!
 
Posted by glassman on :
 
bizzarre... half cent trading at 1.50+?
 
Posted by CRab on :
 
haha...so what is up with the half a cent increments here?

haha...beat me to it...1.60 looks pretty full...
 
Posted by Peaser on :
 
Doh! Found 'um.
 
Posted by Peaser on :
 
The final 30 minutes today might be fun to watch.

My seat belt is buckled.
 
Posted by 10of13 on :
 
Have you guys seen wwen? 3x from yesterday..
 
Posted by CRab on :
 
ARCA seems a bit ambitious, lol...

15.29 on the ask...
 
Posted by Peaser on :
 
Listening to that stupid m1 whatever radio show today put me out cold. How bland.
 
Posted by Peaser on :
 
No 10 of Pumpers. he he.

Missed it. Did you see RUNZ? Slippery stuff!
 
Posted by 10of13 on :
 
keep an eye on it peaser...may be next...but it's a flippin pink...I hate those things...
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
Have you guys seen wwen? 3x from yesterday..

yes
 
Posted by Stock on :
 
its on the radio
 
Posted by Peaser on :
 
Well, shiver me submerged timbers!

Hu...gug, gug, gug, gug.
 
Posted by Peaser on :
 
Hmmm, listening to m1 radio, or reading SEC filings?

Reading the filings, hands down. A no brainer. lol
 
Posted by Peaser on :
 
1.53 b...b...b..b.b.b..bbounce?

1.60 soon IMO.
 
Posted by Peaser on :
 
Interview just starting.
 
Posted by Stock on :
 
here we go radio
 
Posted by CRab on :
 
blanton's in hand...ready for consumption...
 
Posted by Jo4321 on :
 
On ***, I'm getting "we're sorry, you have reached a station that is unavailable at this time. Please try again later."

What's up with that? Guess noone else is having that problem?

Jo
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Peaser:
Well, shiver me submeged timbers!

Hu...gug, gug, gug, gug.

------------------------------------------------
ARRRRGGGG there mate, to the--------> plank

it's submerged not some landlubbers submeged!
 
Posted by Peaser on :
 
"breaking news" the broadcaster said. we'll see what happens.
 
Posted by Stock on :
 
fhal cant get on the line becasue there are too many people on the line waiting to ask questions lol
 
Posted by Peaser on :
 
Glad that edit button works. lol
 
Posted by CRab on :
 
this is too funny...
 
Posted by Peaser on :
 
Currently a bullish flag on the chart.
 
Posted by Peaser on :
 
I really can not stand the broadcasters. lol
 
Posted by glassman on :
 
was that 50,000 shares above the ask?
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Peaser:
Glad that edit button works. lol

------------------------------------------------
Are you sure your ready to talk the Talk and walk the walk there landlubber? [Cool]
 
Posted by 10of13 on :
 
Peaser...if you are listening...can you "post" what is said? I can't get it..thanks
 
Posted by Peaser on :
 
lol
 
Posted by Dustoff 1 on :
 
glassman, graphic's are telling a story of intermittent Ka-ous..
 
Posted by Peaser on :
 
Confirmed the $15 share exchange if you're willing to exchange your shares. Could take 90 days they say for the exchange.

Assets coming into FHAL, UCC Note + Global bond equal about $800,000,000.

Bond issued by Republic of Venezuela. 13.6% rate on bond. $500,000,000 US Bond with 13.6% annual return.
 
Posted by CRab on :
 
so the price is sliding why?
 
Posted by Stock on :
 
this is not helping the PPS too well at the moment. They said they had 500 million dollars of assets before fhal did its run.
this is really not good...that guy from cvsu is BAD at making this sound good
 
Posted by Stock on :
 
the guy just asked him about restricting the shares and he said " what are u talking about..."

...wow...
 
Posted by Peaser on :
 
Needs to hold the 1.32 low of day IMO. If it don't look out.
 
Posted by CRab on :
 
ok...so...
 
Posted by Stock on :
 
2 red neck sounding crooks...they are bad at promoting their stock. its falling like no other because they dont have clear answers to the facts and questions...they just go arround the questions
 
Posted by BooDog on :
 
couldn't listen bummer. Looks like my 1.40 went to 1.38, gonna pass on this. GL you guys
 
Posted by Stock on :
 
1.24

wow...i wished they never came on, they just messed the stock up, who wants in now ?
 
Posted by Puddy on :
 
Agreed...this thing is tanking!
 
Posted by Dustoff 1 on :
 
1.17
 
Posted by Peaser on :
 
Gap looks like its gonna fill.
 
Posted by Peaser on :
 
1.05, I'm a buyer there.
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
Gap looks like its gonna fill.

LMAO...which one?
 
Posted by Purl Gurl on :
 
I write,

"There exists no fundamental support for these
prices. Both companies involved are basically
bankrupt; no assets, no cash, no revenues.

This is a pure speculation bubble which will burst."

Purl Gurl
 
Posted by CRab on :
 
Peaser you bought?
 
Posted by 10of13 on :
 
Peaser you are buyin at 1.05?
 
Posted by Peaser on :
 
1.03
 
Posted by Dustoff 1 on :
 
Well, I took your advice again whale...Worked out OK this time....
 
Posted by 10of13 on :
 
Notice ARCA and others buying large orders on the bid?
 
Posted by Peaser on :
 
1.01 stacked.
 
Posted by glassman on :
 
the MM's just got all their shares back?
 
Posted by Peaser on :
 
Tank session. geez. Looks like it Glass.
 
Posted by Dustoff 1 on :
 
glassman that sell off is still going on..Not a good sign.
 
Posted by Purl Gurl on :
 
Market close is what prevented this from
crashing farther. Watch what happens at
market open tomorrow.

Been warning you boys about reality.

Looks some of you made that "tenth trade"
and lost.

Purl Gurl
 
Posted by Purl Gurl on :
 
Ninety percent of being a good trader
is protecting your capital.

This type of crash can happen anytime
without any warning. I am surprised
this did not happen last week.

The boy calling for shorting, made a
perfect call, about two days better
than my call for shorting.

* tips her cowgirl hat to him *

Purl Gurl
 
Posted by glassman on :
 
if he can cover....
i suspect this is not what you think it is PG...
 
Posted by Tradintexas on :
 
I just watched and learned.
 
Posted by Purl Gurl on :
 
If he borrowed shares earlier today, he
only needs to buy at market open, if he
has not already covered. If he completed
his shorting today, my guess is he cleared
thirty to forty cents per share.

He did call this perfectly, right to the day.

Chances are he is double ending this, working
both the upswing and downswing.

The boy has talent.

Purl Gurl
 
Posted by glassman on :
 
look over the trades...

the MM's bought almost all of those shares...
 
Posted by 10of13 on :
 
Well I grabbed some more...what a trip!
 
Posted by CRab on :
 
how do you see that?
 
Posted by glassman on :
 
how do i see that?

simple... look at the price moves from trade to trade...mine are color coded too..


MM's just bought over 3/4's of the shares traded (maybe even 90%) in the last 15 minutes....
it started at 15:40....
 
Posted by Dustoff 1 on :
 
played it small time here....Final profit of $607.00
 
Posted by T e x on :
 
quote:
Originally posted by Purl Gurl:
If he borrowed shares earlier today, he
only needs to buy at market open, if he
has not already covered. If he completed
his shorting today, my guess is he cleared
thirty to forty cents per share.

He did call this perfectly, right to the day.

Chances are he is double ending this, working
both the upswing and downswing.


The boy has talent.

Purl Gurl

That would be the way to go, alright--I still have no idea how one shorts these, though...
 
Posted by Purl Gurl on :
 
 -

With the chicks introduced to the fox and this
trading day over, some discussion.

Two warning signals appeared earlier today. Left
side of the chart, red arrows. Both point to
significant downward pressure building. Final
red arrow on the far right, is the last warning
and beginning of a crash.

Just below, bottom of chart, high vertical red
line of downward volume, very significant.

Look at the blue arrow volume trend; downward,
pointing in the direction prices will follow.

This is an intraday chart which flippers should
be producing once every thirty minutes to watch
for warning signals, and those warnings are there.

Purl Gurl
 
Posted by CRab on :
 
quote:
Originally posted by glassman:
how do i see that?

simple... look at the price moves from trade to trade...mine are color coded too..


MM's just bought over 3/4's of the shares traded (maybe even 90%) in the last 15 minutes....
it started at 15:40....

I was genuine when i asked that, lol...I really didn't know...thanks!
 
Posted by Purl Gurl on :
 
See the short green line, on the right, those
are foolish traders thinking another flipping
chance is building; the "tenth trade."

Rather clear they lost money, on the day.

Nothing new, yes? Before, I have provided charts
almost identical to this, for other stocks.

Purl Gurl
 
Posted by Purl Gurl on :
 
"MM's just bought over 3/4's of the shares traded"

How do you know Market Makers are buying?

Purl Gurl
 
Posted by Tradintexas on :
 
Purl thanks for the lesson
 
Posted by glassman on :
 
somebody buys at the bid? who is that? nobody buys at the ask?
 
Posted by Peaser on :
 
Rufus said that the deal has been sent to the Nasdaq, and it could be approved as early as tomorrow, but by August 1st.(on the interview)
 
Posted by Peaser on :
 
So we will be able to trade the day of the symbol change he said. The merger is complete.
 
Posted by Stock on :
 
If the pps goes to 15 ( HE PROMISED TO PUT HIS BALLS ON THE FRYER ) the day it opens after the merger, how can the stock hold...and if EVERYONE sells...who is going to be buying for those sell orders to go through...Rufus is going to get his house egged and Ben's car TP'ed
 
Posted by Purl Gurl on :
 
Very difficult to determine, Glassy.

I think safer to assume a mixed bag of buyers;
Market Makers, traders, fools and this is about
the time a few Hedge Funds would become active
through shorting.

Tomorrow will disclose if majority buying is
Market Makers. A signal would be share prices
rising instead of continued falling. This would
be Market Makers front loading and engaging in
loss leader activities for, at least, one more
upward run. I have doubts because this one is
already extensively overplayed; too many people
have lost money drying up the buyer side.

Falling volume suggests waning interest.

Purl Gurl
 
Posted by Stock on :
 
quote:
Originally posted by Peaser:
So we will be able to trade the day of the merger/symbol change he said.

you will, i will, MMs will...we ALL will sell at 15 ...who is going to BUY those sells...not anyone i can think of to be honest
 
Posted by Purl Gurl on :
 
Trade in Texas, de nada.

Always keep in mind I could be dead wrong.

Purl Gurl
 
Posted by Peaser on :
 
Current cash in hand: $500 million in the bank according to Rufus.
 
Posted by BooDog on :
 
quote:
Originally posted by Dustoff 1:
Well, I took your advice again whale...Worked out OK this time....

I felt her breathing down my neck to stay out, lol... (lessons learned) good for the flippers tomorrow IMO but not for me. GL
 
Posted by Tradintexas on :
 
Understand.
 
Posted by Peaser on :
 
So, we do not need to hold the shares for 90 days.

LOL!

Rufus said, "buy the crap out of it. Shorts have to cover"
 
Posted by glassman on :
 
i watched the L1's and the L2's on those signals you charted today Purl...
i also watched the one minute chart...

i saw the MM's manipulating the bid ask...

the ask was lower than the bid dozens of times today...

the MM's couldn't getout of each others way...

i say they were short... you are reading the chart correctly, but this is not a typical play...
 
Posted by Peaser on :
 
quote:
Originally posted by Stock:
quote:
Originally posted by Peaser:
So we will be able to trade the day of the merger/symbol change he said.

you will, i will, MMs will...we ALL will sell at 15 ...who is going to BUY those sells...not anyone i can think of to be honest
He mentioned that Institutuions will be buying this.
 
Posted by Puddy on :
 
"Buy the crap out of it"...huh...sounds official to me Rufus.


LOL
 
Posted by Purl Gurl on :
 
BooDog barks,

"I felt her breathing down my neck to stay out...."

No, no, I do not stop the fox from eating you!

BooDog, there is much to volatility flipping
beyond technical charts and observation.

These circumstances present the best use for
technical charts on an intraday basis. This is
when charts are at their best.

Glassman pays attention to "who" is buying which
is also a requirement, an important aspect. If
Market Makers are majority buyers, you know there
is more to come. If not, a pending crash.

Another important factor is how long a stock
has been played. This one is overplayed and
evidenced by falling volume.

However, a factor which rules these circumstances
is trader perception. There is a mass psychology
at play, much like lemmings (a myth) over a cliff.

Two traders decide it is time to dump. Some other
traders notice this, maybe four traders. Others
notice, sixteen traders are dumping. More notice,
two-hundred-fixty-six traders are dumping, then
suddenly, everyone is dumping. A crash is always
initiated by a few traders who cause a snowball
effect; hard fast crash in minutes.

Trader perception is the most powerful force
at play for circumstances like this, and is
the most difficult to observe.

Purl Gurl
 
Posted by BooDog on :
 
I made a bit friday to monday. The trend is why i didn't want to hold over night. Missed my run today but thats A okay with me.

I agree Purl. I need to review the timing from start to finish...when i said it passed my 1.40 mark buy the time i finished typing it was already 1.24.
I do like charts! Engineering at its finest! I still need more work on reading L2's though.
 
Posted by Purl Gurl on :
 
"...the MM's couldn't getout of each others way..."

Highly likely, Glassy. Today, I did not pay much
attention to Level II on this stock. You know
better on this leading me to not debate; I agree.

Purl Gurl
 
Posted by Purl Gurl on :
 
Today, while skinny dipping in a bit having been
to the dump and back with my old man, today I am
more concerned about,

"Should I keep my hair dry while skinny dipping
or should I just dive right on in?"

Purl Gurl
 
Posted by glassman on :
 
i gotta go weed my tamaters.... [Roll Eyes]
 
Posted by Purl Gurl on :
 
After a trip to the dump in our old hot truck
on a hot day, I need to weed my armpits and
elsewhere. I am thinking I might even shave
my armpits for a change. All that hair, icky
and sticky during summer.

Know why we have armpit hair and pubic hair?
This is true. That hair becomes wet and reduces
friction which helps to prevent chaffing and
rawness in tender areas. Also lends to greater
surface area for increased evaporation, much
like our hair elsewhere, for better cooling.

An area of mystery, why no hair on the backs
of our knees?

A mystery for scientists to study for years to come.


Purl Gurl
 
Posted by CRab on :
 
i'm a little scared now...

her posts are reading like one of those porn spam emails...
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by BooDog:
I made a bit friday to monday. The trend is why i didn't want to hold over night. Missed my run today but thats A okay with me.

-------------------------------------------------
made my decision when I stated submerging this AM not to trade the stock today....

Purl Gurls "matter of fact" demeaner in her words solidified my doubts for today..

Because I was not sure of the neutrality and without bias of many posters, I was in a state of limbo like so many others..

That uneasiness was apparent on the board..
Seen the house of cards fall to many times..

If you can't walk the walk and dance the dance, You have-----------> no buisness playing these things.
 
Posted by BooDog on :
 
well put M8
 
Posted by Purl Gurl on :
 
"...her posts are reading like one of those porn spam emails..."

I will snail mail you some shaved armpit hair
as a consolation prize to help you feel better.
I would send you a pair of my panties but I do
not own any ruining my chances of selling on Ebay.

Have not decided yet if I will shave elsewhere.
Usually I sell that hair to a hair salon to
use for wig making; lots and lots of it.

Purl Gurl
 
Posted by glassman on :
 
actually? there are some posts being evaluted right now that started the dump....

ihubbers...



Posted by: JJSeabrook
In reply to: None
Date:7/25/2006 4:53:23 PM
Post #of 13155

I AM SEARCHING FOR THE POST THAT SAID FHAL SHARES WOULD HAVE TO BE CERTED AND IT WOULD TAKE 90-120 DAYS. I WILL be turning the poster into the SEC.


this apparently was never said...

it was posted similarly here too....


did anybody actually listen to the show and hear this?
 
Posted by Peaser on :
 
So, for those that are going to hold a few shares through the symbol change I have a question. I am holding some shares through the change to see what unfolds.

What happens if the stock is short upon symbol change and you do not request your certs?
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by BooDog:
well put M8

-------------------------------------------------
Wasn't the gunner was the driver... [Big Grin]
 
Posted by glassman on :
 
peaser did dyou hear this on the show?
 
Posted by Peaser on :
 
I heard that it is advised to request your certs be transferred into your name.
 
Posted by glassman on :
 
OK....

and the 90-120 days?
 
Posted by Peaser on :
 
The certification process takes about 10-20 days from what I have heard. Not sure where they got the 90 days on the broadcast from.
 
Posted by Peaser on :
 
m n 1.com is the radio site. They may have the interview for replay available. Not sure.
 
Posted by T e x on :
 
anybody know whether Mp3 will be available of today's ... ahem ... "show" ?
 
Posted by Peaser on :
 
quote:
Originally posted by Peaser:
So, for those that are going to hold a few shares through the symbol change I have a question. I am holding some shares through the change to see what unfolds.

What happens if the stock is short upon symbol change and you do not request your certs?

Can anyone attempt this question for me? I am looking for possibilities.
 
Posted by glassman on :
 
oh, i don't care about the 'cast...

just trying to figure out how far the shorters are working this...

notice how many peopl are now popping into the threads and posting the "next" big runner.... LOL
 
Posted by glassman on :
 
don't take certs Peaser.....

that just makes you have to hold...
 
Posted by Dustoff 1 on :
 
peaser, take a defensive mode...You cannot afford to lose your recent gains...

Think thru a thorough end run. Risk/reward.
 
Posted by CRab on :
 
from my understanding that is the brokers problem, we are still covered...etrade has told me that i'm good as long i paid cash...didn't really inquire further...
 
Posted by Stock on :
 
The stock could trade at 15 bucks the first minute because Rufus and his girlfriend Ben can have a trade at 15 bucks and tell us "SEE WE PROMISED 15!" and it can come back down to its TRUE value...which is below a buck.
Thats being REALISTIC
 
Posted by Peaser on :
 
So, can shorts carry over through a symbol change is what I am asking I guess? Or are they forced to cover before the symbol change?

I think this was heavily manipulated today by the MM's as glass does.
 
Posted by T e x on :
 
Pease,

it's not so much the symbol change as the CUSIP change
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Peaser:
So, can shorts carry over through a symbol change is what I am asking I guess? Or are they forced to cover before the symbol change?

I think this was heavily manipulated today by the MM's as glass does.

-------------------------------------------------
peaser peaser peaser, how many times have all of us seen you push to far into indian country without a rifle..
 
Posted by GreenDay on :
 
quote:
Originally posted by CRab:
from my understanding that is the brokers problem, we are still covered...etrade has told me that i'm good as long i paid cash...didn't really inquire further...

and??? if you own some on margin (I do w/eTrade)???
wouldn't it be illegal for them to take your shares? I can't see a big company like eTrade doing funny business
 
Posted by glassman on :
 
Peaser...

the shorts are supposed to be covered for the cusip number change..

but? the brokers are the ones that have to enforce it...


don't get certs.
 
Posted by CRab on :
 
thats what I was saying, i know i'm good, they can't take MY shares...you have to call and ask for your particular situation...I don't own mine on margin so the particulars are slightly different...

just call and ask...
 
Posted by Peaser on :
 
Not getting certs. Wasn't planning on it.

Thanks for the advice glass.

I wondered why all the hoopla about requesting certs.

23 Million Float according to Rufus today.
 
Posted by GreenDay on :
 
Thanks Crab but I hate calling eTrade. The phone guys are idiots and have no clue. You can call three times and get 3 different anwers every time. I even call the "pro trader" special number and they are still idiots.
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by GreenDay:
Thanks Crab but I hate calling eTrade. The phone guys are idiots and have no clue. You can call three times and get 3 different anwers every time. I even call the "pro trader" special number and they are still idiots.

-------------------------------------------------
Greenday, try Ameritrade, nice ride..When you get a fill in on the phone that makes you feel un-comfortable just ask for teck support, they can be very good folks.
 
Posted by GreenDay on :
 
Will do, thanks dust. Half my FHAL are cash and half are margin only cause when I bought with my cash, I hit send twice and bought double the shares I intended. I hoping it was a profitable mistake! Never held on margin more than a day or two so I'm pretty nervous about it.
 
Posted by Peaser on :
 
Call your broker to see if they charge you interest on holding overnight with margin.
 
Posted by Dustoff 1 on :
 
Don't forget the Nasdaq, Amex, Nyse,,, folks, these sell off's are producing some very encouraging PPS'S.
 
Posted by GreenDay on :
 
Peaser 10% - but I get free l2's - and if my shares at 1.33 are going to be worth $15 in a few days - that 10% I'm glad to pay.
 
Posted by Dustoff 1 on :
 
Hel----lo----lo---lo--an-- ey---bo-- de-- de-- e-- Here---- ere-- ere ---- er
 
Posted by Peaser on :
 
Is it Howdy Doody time?
 
Posted by 10of13 on :
 
Dust you bailed today correct?
 
Posted by Dustoff 1 on :
 
10, never bought in today, was out all the way yesterday..Didn't like the feel of things..When I made the submerging comment the graphic's were becoming out of cinc with the last few days..
They just didn't look right and I warned folks.

Right before and during the blood bath I only had time to get out a couple of warnings privatly..Don't know if it was to late in those case's tho..

Purl hit it dead on..Whitch also helped in my decision process.She really could of took the heat on that call..As I said earlier "the demeaner of her words was straight forword "
 
Posted by glassman on :
 
hmmmm....
 
Posted by glassman on :
 
i have carefully analysed the trading for the last two days dusty....

the 1.5 million shares traded in the last twenty minutes were a panic sell started by somebody posting that it would take 90-120 days to get the shares "converted"

this was a lie...

it could have gone the other way if the MM's had WANTED it to....

they didn't...
bashers here are more numerous than any stock i've ever seen.. scan the boards....

reverse mergers are not that confusing...

filing says they have 850 million$ assets...

it's filed...
 
Posted by wallymac on :
 
RIght on point, Glass. This whole sell off was orchestrated.

GLTA
Wally
 
Posted by glassman on :
 
they teed it off with about 65K shares at 15:31:15 to 15:32:26...
all MM buys...

and some bonehead posted the fictitiuos 90-120day conversion "wait" right then too...

i think the SEC may be involved in this before too long...it'll depend on where it goes from here...

anybody chasing this down was just plain freaked...

and some of the "negative posting" helped too...
 
Posted by Braindamaged on :
 
The MM's are feasting on the sellers. This is where they really make a killing. It was nice to see my account grow so fast but I would have like to see a slower steady gain. Makes for weak hands and panic selling when people make so much so quickly.

Can't blame anyone for taking profits but if you are panic selling you will loose out in a couple of days.

Good luck to all and hope everyone makes some good Bank in the long run (Especially Me)
 
Posted by glassman on :
 
people need to ask themselves: why did the MM's buy about a million shares this afternoon?

most of them in 15 minutes....
 
Posted by 10of13 on :
 
I have not been around nearly as long as some of you guys...

I have never gone through any of this...

I have a "level headed type personality with a realistic and skeptic nature"

I have searched and I have listened and aside from the stupid panic sell, the MM games and shorting...(and the fact that this Rufas speaks like a "truck driving hick")...this "plan is so simple" that people are not able to understand.

I have already made GREAT profits with this...and I am taking half of those profits and stayin for the long haul...(LOL a week or 2)

To most of you, your opinions are wonderful...and alot can be learned ...but what I am not convinced of is the fact that you come in "as it falls" or after the fact..and point to the "fall and why"...most can see it after the fact...

Research CVSU and listen to the interviews and read the filings...if it is a scam...I will have lost half my profits...and these guys will do some jail time...and you all will be able to say "I told you so"!

If it flies...I will be takin' the kids and my Mom on a wonderful vacation to Australia!

(Don't buy because I held...do you own DD)
 
Posted by glassman on :
 
and the fact that this Rufas speaks like a "truck driving hick")

as Bettin' Babe pointed out? the guys at Enron and Worldcom were some pretty slick talking dudes...

where i currently live? everybody talks like him anyway....
 
Posted by 10of13 on :
 
where i currently live? everybody talks like him anyway....

Oops...sorry glass...LOL
 
Posted by Purl Gurl on :
 
"I have a level headed type personality with a
realistic and skeptic nature"

Told ya Ten is becoming another Purl Gurl!
Will not be long, nude pictures from Ten!

Ten, we also need a lab rat. You are the one!
Whatever happens, it happens to you not us.

MUUUUHAHAHAHAAAA!

Do not feel alone. These boys talked me into
being a lab rat for Gluv / GVRP stock. Wish
I could honestly say I lost my butt but my
butt is even bigger now.

Lost my money, though.

Purl Gurl
 
Posted by Purl Gurl on :
 
How am I doing, boys? Am I behaving better
than before?

Purl Gurl
 
Posted by 10of13 on :
 
Sorry guys...if my kids ever knew I even had nude pictures of myself they would dis-own me...let alone posting them on the internet...holy crap...they'd have a fit!

I'll be the lab rat...I love cheese!

Loosin' money?...Can't "loose it" if I never had it! [Wink]
 
Posted by glassman on :
 
quote:
Originally posted by 10of13:
where i currently live? everybody talks like him anyway....

Oops...sorry glass...LOL

it's absolutely twue...

first thing they say to me? yew haint frem 'rayound heyere awer ya?

and on the phone? they are just rude to me...
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
How am I doing, boys? Am I behaving better
than before?

Purl Gurl

Nah...to transparent...give it up! LOL
 
Posted by T e x on :
 
quote:
Originally posted by Purl Gurl:
How am I doing, boys? Am I behaving better
than before?

Purl Gurl

i dunno...

haven't read the whole thread [Big Grin]
 
Posted by Purl Gurl on :
 
"Nah...to transparent...give it up!"

Ok, ok, I will look around to find some
pictures of myself wearing those transparent
naughty things. I will give it up.

We should team up, Ten. You and me turning
these boys tits-over-arse, hey, we could
really rock this place.

We could start by telling the boys about
our long lesbian love affair, I mean we
did share a lingering kiss first time these
boys witnessed us together.

Purl Gurl
 
Posted by Dustoff 1 on :
 
This is how I see the way "of" some of the behavior's of posters regarding this stock...

Tree's for the forest, stand to close to the tree? ya can't see the rest of the Forest.

Classic A type personalities we are..
We are hunters, when we have killed our prey we instinctively gaurd it..

When we are fat from a kill we look at stocks in a more neutral light.

I have a huge problem with Venezualian Bonds...
But I don't own the stock now..
So I can see clearly now, the rain is gone.
 
Posted by Purl Gurl on :
 
"Tree's for the forest, stand to close to the tree?"

...and you boys splatter on your feet.

Purl Gurl
 
Posted by Jo4321 on :
 
quote:
Ten, we also need a lab rat. You are the one!
Whatever happens, it happens to you not us.

quote:

I'll be the lab rat...I love cheese!

Remember I have the lab rat.

 -

Jo
 
Posted by T e x on :
 
Ten of Leanings: "To most of you, your opinions are wonderful...and alot can be learned ...but what I am not convinced of is the fact that you come in "as it falls" or after the fact..and point to the "fall and why"...most can see it after the fact..."

*buzzer sound* cf my reply to Wally, early on...

Glassy (my emphasis): "i think the SEC may be involved in this before too long...it'll depend on where it goes from here...

10, who called the "geek" aspect?

Glassy, again: "why did the MM's buy about a million shares this afternoon?"

indeed...do MMs intend to hoard? do they profit, at these levels, if it falls back to the depths?

Me: does that indicate it's guaranteed to go to the promised land?


all reasonable points to ponder, in my book...
 
Posted by Purl Gurl on :
 
Jo, I hope your boy is doing ok. I am sure he
is with a good mom like yourself.

We should dye Ten different colors. We could
make a tie-dye rat of her.

Purl Gurl
 
Posted by Jo4321 on :
 
Thanks Purl. My son's doing okay. The photo above is of his remaining rat.

We buried the other one yesterday and planted some flowers over her. So I guess she will really be "pushing up daisies" soon.

Dustoff wrote:
quote:
Don't forget the Nasdaq, Amex, Nyse,,, folks, these sell off's are producing some very encouraging PPS'S.
Dustoff, I have an Amex stock I'd like you to take a look at over in the "stock opinions" thread.

Jo
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
Jo, I hope your boy is doing ok. I am sure he
is with a good mom like yourself.

We should dye Ten different colors. We could
make a tie-dye rat of her.

Purl Gurl

Just don't use pink...OK? It really washes out my eyes....
 
Posted by wallymac on :
 
wallymac
Member


Member Rated:
posted July 26, 2006 00:51
--------------------------------------------------------------------------------

quote:
--------------------------------------------------------------------------------
Originally posted by T e x:
10: "CVSU is being "consumed" by FHAL, FHAL is "bancrupt"...givin that fact according to the "sec rules"...they can stop the trading and set the price with their new assets (CVSU)"

what you describe is a more or less typical r/m...

how does this relate to the regs that allow "adjusting" the pps?
--------------------------------------------------------------------------------

I know Rufus keeps mentioning that it is like a bankruptcy. So how did KALUQ stop trading on the pinks one day for what about a dollar maybe less and then the next day begin trading as KALU at $44.

I think this is the same thing. Kaiser Aluminum was in reorganization. When they came out they were able to reset their price. The only difference there was that everyone who owned KALUQ lost everything to the creditors. No creditors here since CVSU is assuming the debt of FHAL.

That's how I think it is done.

GLTA
Wally
 
Posted by Dustoff 1 on :
 
Ok, compared Kaiser Aluminum to Fhal...

Employee's ---> 2400
Sales--$1.1 billion
Negative income---$719.9 Million
A.D.V--->3900 13 wk

Google "Kaiser Aluminum"
 
Posted by Murnak on :
 
Fronthaul Fades in Late Day Trading!
Posted on Tuesday, July 25 * 18:35:46 CDT

By: Trevor Burgess

Dallas, Texas (July 25, 2006): In an unprecedented late afternoon interview on *** (www.***.com) Rufus Paul Harrison, CEO of Fronthaul Group Inc. (FHAL), gave details of a recent merger with Conversion Solutions. Callers were stunned at the company’s guarantee that the stock would go to fifteen dollars as soon as the conversion goes through, sometime between July 28 and Aug 1. As the interview went on, however, shares traded down sharply.

Phone lines lit up as stockholders heard promises of a stock going from one dollar to fifteen dollars a share. The company tried to explain the guarantee to the shareholders that called in.…Developing.
 
Posted by Doniboy on :
 
Found this on the Web:

Establishing The Initial Stock Price - Once a reverse merger is completed, a broker/dealer must decide to make a public market in the stock. The market makers, in conjunction with the company, determine the initial price for the stock. Perceived value, the "sex appeal," track record and potential growth of the company usually have more to do with initial pricing than earnings multiples and current book values. Competent investor relations and supportive market makers as well as management’s ability to relate the company’s potential to investors are of key importance.Ultimately, the public market acceptance of the company will determine the market price for the stock.

I guess in reverse mergers the surviving symbol is usually reset to a new price. Its up to Rufus to prove to us that it deserves it.
 
Posted by Peaser on :
 
1.21 bounce IMO.
 
Posted by CRab on :
 
1.15?
 
Posted by Peaser on :
 
I'm holding.
 
Posted by maumee river rat on :
 
Did you get caught up in that shake yesterday Peaser??
 
Posted by Peaser on :
 
Forget the shorts, I don't care about 'um. I think they were stupid if they tried to short this.

I say screw um. I'm holding regardless.
 
Posted by 10of13 on :
 
LOL..I'll hold with ya Peaser!
 
Posted by CRab on :
 
charts look like a rollercoaster...
 
Posted by CRab on :
 
the low didn't get any lower or high any higher for that matter on each successive hump...where's it going?

i guess up...the 1.30's look pretty good
 
Posted by Dustoff 1 on :
 
Well, we got a humper and a screw'er...

I ain't getting in between no Crab and a Pea.
 
Posted by Dustoff 1 on :
 
Good grief people I was kidding.. [Big Grin]
 
Posted by 10of13 on :
 
LOL..Dust...I think they just went to the other thread...
 
Posted by glassman on :
 
nobody is laughing
 
Posted by maumee river rat on :
 
quote:
Originally posted by 10of13:


I'll be the lab rat...I love cheese!


Your gunna have to get past me to get it!!
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by glassman:
nobody is laughing

------------------------------------------------
Lose your sence of humor in this buisness and your toast.. [Razz]
 
Posted by maumee river rat on :
 
quote:
Originally posted by Jo4321:


 -

Jo

10 !!! Here is a great nude shot of me.....

Your turn!!
 
Posted by Peaser on :
 
1.35-36 bounce IMO
 
Posted by glassman on :
 
it appears the shorts aren't very strong...
 
Posted by Peaser on :
 
Looks like I was wrong at that bounce.

Bouncing 1.32 IMO.

I think you're correct there glass. I think any shorts are scared right now.
 
Posted by maumee river rat on :
 
It's tryin' Common Biotch!!!
 
Posted by Peaser on :
 
1.33 bounce?
 
Posted by glassman on :
 
in about ten to twenty minutes? the bollinger bands are gonna be very tight.....
 
Posted by Peaser on :
 
Nice support 1.30-.31 area so far.
 
Posted by Jo4321 on :
 
LOL! RiverRat! Nice nude shot.
 
Posted by Dustoff 1 on :
 
Watch that 1.28 and I ain't joking.
 
Posted by Peaser on :
 
1.26 bounce. Nice shake there.
 
Posted by Dustoff 1 on :
 
Broke right thru 1.28 to 1.31
 
Posted by Dustoff 1 on :
 
1.33
 
Posted by Peaser on :
 
Needs to hold above 1.31 after 12:40ish IMO.

End of pennant about that time.
 
Posted by Dustoff 1 on :
 
1.35
 
Posted by 10of13 on :
 
quote:
Originally posted by maumee river rat:
quote:
Originally posted by Jo4321:


 -

Jo

10 !!! Here is a great nude shot of me.....

Your turn!!

LMAO...you'll have to do better than that...
(I know it was said about the size thing...i just didn't realize we were talkin that "size")
 
Posted by Dustoff 1 on :
 
Good grief porno mouse!!!
 
Posted by glassman on :
 
quote:
Originally posted by Peaser:
Needs to hold above 1.31 after 12:40ish IMO.

End of pennant about that time.


 
Posted by Dustoff 1 on :
 
Last $1.12
 
Posted by CRab on :
 
so whats going on here...just got back from a meeting and it starts to tank...i'm not kidding i've literally been on for like three minutes...

this doesn't even make any sense...
 
Posted by Dustoff 1 on :
 
ask 1.05
bid 1.10
last1.055
 
Posted by 10of13 on :
 
stock lemon .com... bad report...here goes another one...LOL
 
Posted by bdgee on :
 
If this is old news, I apologize, but I found an email from ********** when I got back to the computrer from lunch that begins

"********** reports today on Fronthaul Group (OTCBB:FHAL)....."
 
Posted by glassman on :
 
yup, it's hard to short pennies... LOL...
 
Posted by Dustoff 1 on :
 
10, when the smoke clears, wow did the CEO ever blow it..The obvious is just so bizzar.
 
Posted by glassman on :
 
read the chart...

from yesterday noon...

they are buying back their shorts again already?

maybe they have to?
 
Posted by wallymac on :
 
Did this seem orchestrated to anyone else. MN 1 and stock lemon at the same time. HMM

GLTA
Wally
 
Posted by Purl Gurl on :
 
"If any investor believes they can buy stock shares for $1.30 apiece, and then have Rufus wave his magic wand over them and have them be worth $15, then I guess you deserve what might be coming to you. As much as we believe SEC intervention should be imminent, it is not the responsibility of the government to protect people from their own stupidity."

Stock Lemon

Much in keeping with what a few of us have
been writing for a week or so, just not quite
as polite as our writings.

Purl Gurl
 
Posted by glassman on :
 
orchestrated?

LOL....

that's an understatement...
 
Posted by Dustoff 1 on :
 
Seasoned traders are making a killing timing this on the swings..

What a time for peaser to fall asleep..
 
Posted by 10of13 on :
 
Dust...I'm not sure you have to be seasoned to make out on this one...It's been good so far...
If they could just do this for a few more days...I'd be one happy camper!
 
Posted by Dustoff 1 on :
 
10, there's 1.01

my bid is down below...
 
Posted by Dustoff 1 on :
 
last $.915
 
Posted by 10of13 on :
 
lookin' for .85-.90 Dust? hopin for a nice bounce...
 
Posted by Dustoff 1 on :
 
10, missed my bid...so far
 
Posted by glassman on :
 
shortsellers have to cover, and they don't have much time...
 
Posted by 10of13 on :
 
quote:
Originally posted by Dustoff 1:
10, missed my bid...so far

So you are still thinking your bid will get filled? I guess i will find out later today...got an appointment...
GL!

(I still say this was completely "planned")
 
Posted by CRab on :
 
news if anyone was interested...
 
Posted by Dustoff 1 on :
 
Huff did same with GTE..
 
Posted by glassman on :
 
this is what i wanted to see:


Conversion Solutions, Inc. Releases Public Warning to www.our-street.com and www.**********.com Owners
Wednesday July 26, 2:02 pm ET

KENNESAW, Ga., July 26 /PRNewswire-FirstCall/ -- Conversion Solutions, Inc. (OTC: CVSU - News), (OTC Bulletin Board: FHAL - News), a Delaware Corporation, releases this warning to the registered owners of www.our-street.com and www.**********.com.

ADVERTISEMENT
We hereby issue this public order for you to cease and desist and retract the false and misleading information that you have posted about Conversion Solutions, Inc. and The Fronthaul Group or legal action is forthcoming.



i think shortsellers are scum....
 
Posted by Dustoff 1 on :
 
Peaser is going to have a Ka-nip-shun fit if I get filled. [Big Grin]
 
Posted by glassman on :
 
quote:
Originally posted by Dustoff 1:
Huff did same with GTE..

actually? it wasn't huff that did it ...

it was motley fool that opened up short coverage on GTE...

i followed them for years when they were excellent pumpers,
BUT?
they started shorting just a little while ago...

GTE was one of their first "short coverage victims"
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by glassman:
quote:
Originally posted by Dustoff 1:
Huff did same with GTE..

actually? it wasn't huff that did it ...

it motley fool that opened up short coverage on GTE...

-------------------------------------------------
The CEO at GTE threatened to sue, thats what I was talking about..Later the stock was Halted by the company because of a delisting notice from the AMEX, they are appealing which is standard procedure.
 
Posted by glassman on :
 
nonetheless? GTE has been shorted to hell....
 
Posted by Purl Gurl on :
 
"We hereby issue this public order for you to cease
and desist and retract the false and misleading
information that you have posted about Conversion
Solutions, Inc. and The Fronthaul Group or legal
action is forthcoming."

This is becoming truly comical.

A "public order" Ha! As if...

Not a single civil suit against Stock Lemon
has been won, per Stock Lemon.

Purl Gurl
 
Posted by Dustoff 1 on :
 
Glass, thier all shorted..Maybe one day the whole damn mess will be exposed and done with.

$1.04 Little bounce there.
 
Posted by glassman on :
 
Purl, i remember a time when you were against this sort of behaviour too..
now? you seem to be part of it...
 
Posted by glassman on :
 
quote:
Originally posted by Dustoff 1:
Glass, thier all shorted..Maybe one day the whole damn mess will be exposed and done with.

that's why i'm following this so close dusty..

i told you that..

you guys are here to help? LOL...

last i checked? Venzualan Bonds still pay their dividends..
 
Posted by Dustoff 1 on :
 
Glassman, it's the political atmosphere and the rating...Does that help?
 
Posted by glassman on :
 
there's something that you all have failed to "grasp" here...

if this guy really can re-open at $15? then that's when the real shorting gets started...

why are they bothering to short this one NOW?


think about it...
 
Posted by glassman on :
 
quote:
Originally posted by Dustoff 1:
Glassman, it's the political atmosphere and the rating...Does that help?

no dustoff, it's about accumulating shares right now... does that help?

my chart couldn't possibly be right...

1.8 million shares were sold in 10 minutes?
 
Posted by Dustoff 1 on :
 
Guess they will show up after the close..
Gezz, this thing is nuts!
 
Posted by Purl Gurl on :
 
"Purl, i remember a time when you were against this
sort of behaviour too.. now? you seem to be part of
it..."

I am a fickle woman.

However, you seem to be missing the underlying
forces at play within this comedy.

Rufus is spewing out his crap. Stock Lemon is
spewing our their crap, but Stock Lemon is right.

Purl Gurl
 
Posted by glassman on :
 
what's nut's is that a simple reverse merger creates so much confusion amongst "seasoned traders"...


there's no magic wand?

that's what i'm waiting to see...

i have no idea...

but? i hope the guy pulls it off...

it's much easier to destroy than create, and i don't like lazy people...


this behaviour is why i stopped posting picks...


Purl? has it ever occureed to you that there's MM shorts from when this 20 cents?
 
Posted by Dustoff 1 on :
 
Whats nuts? What this stock is doing to some otherwise level headed people..LOL [Eek!]
 
Posted by Purl Gurl on :
 
"Purl? has it ever occureed to you that there's MM
shorts from when this 20 cents?"

I am assuming the share structure of this company
spans, in three dimensions, from here to Pluto.

Another assumption is this one will become the
most stupid stock scam of recent history, to
be known as the "Magic Wand" scam.

Purl Gurl
 
Posted by glassman on :
 
this is what capitalism is all about tho dusty...

i have no idea if the guy can re-adjust the price..

never seen it done...
the trading has been "odd" for lack of a better term.


any "seasoned trader" watching L2's and 1 or 5 minute charts and L1's would recognise it...
 
Posted by Dustoff 1 on :
 
Where are all the posts going? Gone with the wind..Now they are back! my computer is messing with me...LOL

Whale are you a peering at me again? LOL
 
Posted by Purl Gurl on :
 
You know why Stock Lemon is right? Because
Stock Lemon is reporting what I have been
reporting for a week. I am always right!

Heh, heh, heh...

Sometimes I think Stock Lemon reads my articles
just to come up with new material.

Purl Gurl
 
Posted by Purl Gurl on :
 
"Whale are you a peering at me again?"

What? You do not see me on the inside looking out?

Purl Gurl
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by glassman:
this is what capitalism is all about tho dusty...

i have no idea if the guy can re-adjust the price..

never seen it done...
the trading has been "odd" for lack of a better term.


any "seasoned trader" watching L2's and 1 or 5 minute charts and L1's would recognise it...

-------------------------------------------------
Just what in the heck is all this about?
And who's lazy anywho's?
 
Posted by Purl Gurl on :
 
"i have no idea if the guy can re-adjust the price."

We _must_ learn how to do this. I have some
loser stocks for which I want to readjust
share prices.

Purl Gurl
 
Posted by plni on :
 
scary chit but back in again
 
Posted by Dustoff 1 on :
 
yep, 'bout ready to make a buy..
 
Posted by Doniboy on :
 
Well this sure is crazy. I made some good cash and got out, but not the good cash I was hoping for.

What I don't agree with Purl is the whole magic wand thing. I mean if resetting the price isn't done, then why is there a name for it?

reset pricing. The purchase price of the common stock or the conversion price of a convertible security is set either (i) at closing or (ii) on a specified date after closing and is subject to adjustment (downward or upward) based on various criteria that can include fundamental performance (operational reset), a specified event (event-driven reset), or the stock price of the issuer at a given point in time after closing (threshold price reset).
 
Posted by CRab on :
 
thanks for commenting on that Doni I wanted to say something but I couldn't find the language to cut and paste...
 
Posted by Doniboy on :
 
No problem I love talking to naked Indians!!!!
 
Posted by Dustoff 1 on :
 
Well, we having fun yet?

see one after close. 58,600 at 1.02
some others in the 400-5100 range.

16:02:23 hrs. 400 shrs at 1.00 last so far.

'bout a 100K Shrs. after hrs.
 
Posted by Peaser on :
 
I'm still holding my shares here. Didn't sell any today. This is interesting that two bash sites are now on this stock as we are approaching the symbol change.
 
Posted by glassman on :
 
so dusty did you buy?
 
Posted by Purl Gurl on :
 
"reset pricing. The purchase price of the common
stock or the conversion price...."

You need to become familiar with SEC S-3/A.

Your "reset pricing" is unrelated to common
shares being traded on the open markets. A
company cannot arbitrarily "reset" share price.

Purl Gurl
 
Posted by 10of13 on :
 
quote:
Originally posted by Purl Gurl:
"i have no idea if the guy can re-adjust the price."

We _must_ learn how to do this. I have some
loser stocks for which I want to readjust
share prices.

Purl Gurl

I still believe that it is do-able...so simple that everyone is missing it...it's in the 8K and in the sec rules...it's posted in these threads...not going to bother posting again...

The only thing that I am now wondering about is with this lemon site and others...the price has fallin' and will not have a good chance to "gather" steam before the symbol change...which will now delay CVSU with the merger and "reorginization"...IMO...

We shall see what the future holds...GLTA!
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
"reset pricing. The purchase price of the common
stock or the conversion price...."

You need to become familiar with SEC S-3/A Section 5(c)

Your "reset pricing" is unrelated to common
shares being traded on the open markets. A
company cannot arbitrarily "reset" share price.

Purl Gurl

Your search - "SEC S-3/A Section 5(c)" - did not match any documents.

Suggestions:

* Make sure all words are spelled correctly.
* Try different keywords.
* Try more general keywords.
 
Posted by glassman on :
 
ahem?
reset pricing. The purchase price of the common stock or the conversion price of a convertible security is set either (i) at closing or (ii) on a specified date after closing and is subject to adjustment (downward or upward) based on various criteria that can include fundamental performance (operational reset), a specified event (event-driven reset), or the stock price of the issuer at a given point in time after closing (threshold price reset).
 
Posted by Purl Gurl on :
 
Drop the Section 5(c) part, a mistake on my part.

Reset pricing references conversion, not
public trading.

Purl Gurl
 
Posted by Purl Gurl on :
 
Here is a working example, which led my fingers
to type in more than should have.

http://www.secinfo.com/dRqWm.5s4f.c.htm

Purl Gurl
 
Posted by glassman on :
 
Go to Google Home
Web Images Groups News Froogle Maps more »
Advanced Search
Preferences
Web
Tip: Try removing quotes from your search to get more results.


Your search - "SEC S-3/A Section" - did not match any documents.

Suggestions:

* Make sure all words are spelled correctly.
* Try different keywords.
* Try more general keywords.
 
Posted by Purl Gurl on :
 
You will find a lot of legalese gibberish through
the SEC, forms S-3 and S-3/A if you care to ruin
your eyes and nullify your thinking ability.

If a company could reset share prices, we would see
this happen a million times a day, each day.

Reset Pricing refers to very specific circumstances
almost always one of, splits, conversion, dividends
and similar.

You boys are not using good logic. If so, you
would quickly realize if a company could reset
share prices at will, there would be no stock
markets, none, nada, zippo, zilch.

Purl Gurl
 
Posted by Purl Gurl on :
 
Appears you boys need to be spoon fed,

http://www.google.com/search?hl=en&q=sec+form+S-3

Purl Gurl
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
You will find a lot of legalese gibberish through
the SEC, forms S-3 and S-3/A if you care to ruin
your eyes and nullify your thinking ability.

If a company could reset share prices, we would see
this happen a million times a day, each day.

Reset Pricing refers to very specific circumstances
almost always one of, splits, conversion, dividends
and similar.

You boys are not using good logic. If so, you
would quickly realize if a company could reset
share prices at will, there would be no stock
markets, none, nada, zippo, zilch.

Purl Gurl

PG? this is a reverse merger...

there is a substantial addition of capital involved..
Dustoff doesn't like the 500,000,000$ Venezualan bond, but they still pay dividends... i understand his concerns.. i'm not stooopid..

something ain't right?

something aint right! but it is with the bashing and shorting going on...

not allowing this to re-open at 15$ appears to be the real goal...

if it does? you will be saying i told you so?

i don't play datchit... and you shouldn't either IMO...
 
Posted by Purl Gurl on :
 
"PG? this is a reverse merger."

This is not a "reset pricing."

To increase share price to 15.00 per will
require a reverse split although this might
be labeled something else. Your shares will
be reduced in numbers and share price increased
to provide approximately the same equity value.

Reverse merger, reverse split, retirement,
reorganization, call this what you will but
the net effect is a reverse split.

Rufus is _not_ giving away free money.

Purl Gurl
 
Posted by T e x on :
 
Glass?

I don't get this: "not allowing this to re-open at 15$ appears to be the real goal..."

If CEO is empowered to reset via that 386-whatever nontaxable reg, how can he be stopped? I mean, if that's what he/the company wants to do...what's stopping 'em?
 
Posted by Purl Gurl on :
 
"what's stopping 'em?"

SEC rules and regulations.

Purl Gurl
 
Posted by glassman on :
 
if you read the filingss?

these guys are "waving a magic wand" for real...


The undersigned is aware that FHAL and the CVSU intend to treat the Merger as a tax-free reorganization under Section 368 of the Internal Revenue Code, as amended (the "Code" ), for federal income tax purposes. The undersigned agrees to treat the transaction in the same manner as FHAL and the Company for federal income tax purposes. The undersigned acknowledges that Section 1.368-1(b) of the U.S. federal income tax regulations requires "continuity of interest" in order for the Merger to be treated as a tax-free reorganization under Section 368 of the Code. Continuity of interest may not be preserved if stock of an acquired company is disposed of before an acquisition to the acquired or acquiring company or to persons related to either the acquired or acquiring companies for consideration other than stock of the acquiring company, if a shareholder of the acquired company received certain distributions from the acquired company with respect to his stock in connection with the acquisition, or if stock of the acquiring company issued in the Merger is disposed of in connection with the Merger to the acquiring company or to persons related to the acquiring company. Accordingly, the undersigned declares that in connection with the Merger (i) the undersigned has not and will not dispose of any of the stock of either the CVSU or FHAL to either the CVSU or FHAL (other than in exchange for the Merger Consideration), to a person related to the Company (within the meaning of Section 1.368-1(e)(1)(i)(sixth sentence) of the U.S. federal income tax regulations) or to a person related to FHAL (within the meaning of Section 1.368-1(e)(3) of such regulations), (ii) the undersigned has not and will not receive any dividend or other distribution with respect to the stock of the CVSU attributable directly or indirectly to funds provided by FHAL, and (iii) the undersigned will not dispose of any FHAL stock received in the Merger to FHAL or to a person related to FHAL within the meaning of Section 1.368-1(e)(3) of the U.S. federal income tax regulations.
 
Posted by Purl Gurl on :
 
"reorganization" also known as reverse split.

Purl Gurl
 
Posted by glassman on :
 
quote:
Originally posted by T e x:
Glass?

I don't get this: "not allowing this to re-open at 15$ appears to be the real goal..."

If CEO is empowered to reset via that 386-whatever nontaxable reg, how can he be stopped? I mean, if that's what he/the company wants to do...what's stopping 'em?

because it won't do any good...

he can re-open, but everybody will short it...
worse than now...

i am beginning to see "seasoned traders" act poorly....

to behave in a very destructive manner...

maybe new growth is dead in America..if so? this is why...
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
"reorganization" also known as reverse split.

Purl Gurl

purl....

he doesn't have to RS to re-set the price...

you say i need my hand held...

why the insults..

i have alway treated you with respect....

i have asked you why you say the new co' has no assets three or four times now, and you have ignored me...
 
Posted by Purl Gurl on :
 
If you hold fifteen shares worth fifteen dollars,
when Rufus is finished, you will have one share.

SEC provides rules and guidelines on this based
on average traded share prices over a time period.

Market Capitilization will be calculated upon
number of _authorized_ common shares and upon
an average share price. The number of shares
held by each will be reduced in number to an
equal equity value, approximately.

"reverse split"

After this event, my opinion is share price will
crash badly because the net combined worth of
the two companies is zero; bankrupt.

Purl Gurl
 
Posted by Purl Gurl on :
 
Glassman, you need to go to your room for
a timeout. You are cranky today.

:)

Purl Gurl
 
Posted by CRab on :
 
is there someplace where I can read a filing or case where someone used the term "reorganization" in reference to a reverse split? i'm not being confrontational or anything...i'd just like to actually see a valid example of that usage...
 
Posted by glassman on :
 
where in the filings is he even allowed to RS?

i have read his plan... he has no need to RS...


he has one problem, that is short sellers...
quite frankly? i have watched shorting becme the american pastime over the last two years..

it sux...
 
Posted by Purl Gurl on :
 
Doubtful you will find that, Crab.

I write, paraphrased, "net effect is a reverse split."

Pay attention.

Purl Gurl
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
Glassman, you need to go to your room for
a timeout. You are cranky today.

[Smile]

Purl Gurl

LOL....

you are correct, i put up with you when you are cranky plenty of times..

sometimes? when yu do you rDD and you know your right? you just have to stick to your guns...

i did my DD... this guy found an "angle", now i wanna see him pull it off...


but i'm asking you to 'splain and you ain't...
 
Posted by T e x on :
 
quote:
Originally posted by CRab:
is there someplace where I can read a filing or case where someone used the term "reorganization" in referance to a reverse split? i'm not being confrontational or anything...i'd just like to actually see a valid example of that usage...

I'd like to see an example of a "368-play" -- ie, doesn't have to a *major* reset of price, but simply one that actually happened.

I'd love to get in on a deal like--as timing goes, I'm back on the job-site a lot nowadays, so can't play these intraday runs...
 
Posted by Purl Gurl on :
 
"... but i'm asking you to 'splain and you ain't."

I am not Lucy.

As a woman, my right is to be fickle.

Besides, I discussed why these two companies
are worthless, previously, including links
and facts.

Purl Gurl
 
Posted by CRab on :
 
i was paying attention...thats why i asked for an example...

i understand what you are saying, but if you are saying in this case that a reorganization creates in effect a reverse split i'm sure there are past examples of that...

thats all i was asking for...not a definition that equates to reorganization=reverse split
 
Posted by Purl Gurl on :
 
...and my discussion ended up on Stock Lemon,
paraphrased. Telling you, they are stealing
my thoughts right from my brain.

Purl Gurl
 
Posted by Purl Gurl on :
 
"net effect" "net effect" "net effect"

When your share count is reduced, by whatever
means, net effect is a reverse split.

Purl Gurl
 
Posted by glassman on :
 
well Purl i have covered your back plenty of times... if for no other reason than to have fun...

but i always knew WHY i was doing it...

this time? i don't know why you keep posting RS... it ain't there...
 
Posted by CRab on :
 
nevermind...
 
Posted by Purl Gurl on :
 
Ok, boys, hold up your hands if you _truly_
believe Rufus will give you fifteen dollars
for your one dollar share you bought today.

Go on, hold your hands up as true believers.

Purl Gurl
 
Posted by Purl Gurl on :
 
You are right, boys, I am talking gibberish.

Good luck collecting those three fivers promised you.

Purl Gurl
 
Posted by glassman on :
 
PG, i'm not in for 15....

i'm not stoopid...

but i am in...
 
Posted by T e x on :
 
If I may?

I was lucky enough to be in the GVRP DD-chain...as I recall? that had us twisted around pretty good, too, at times. We all went different directions, sometimes in small groups, sometimes as single scouts. We didn't always agree, but ultimately we worked as a team...

And...

We finally figgered it out...and those lucky enough to be with the "right" broker(s) made damm good bank.
 
Posted by Peaser on :
 
quote:
Originally posted by Purl Gurl:
Ok, boys, hold up your hands if you _truly_
believe Rufus will give you fifteen dollars
for your one dollar share you bought today.

Go on, hold your hands up as true believers.

Purl Gurl

I believe that this will trade at 15.00 upon a succesful symbol change. For how long, that is the question.

Not saying the price will remain there, due to no one knowing if there is a market waiting for it.
 
Posted by glassman on :
 
that one wasn't so buggered up by the rest of the market...
 
Posted by CRab on :
 
quote:
Originally posted by T e x:
If I may?

I was lucky enough to be in the GVRP DD-chain...as I recall? that had us twisted around pretty good, too, at times. We all went different directions, sometimes in small groups, sometimes as single scouts. We didn't always agree, but ultimately we worked as a team...

And...

We finally figgered it out...and those lucky enough to be with the "right" broker(s) made damm good bank.

that is what a forum is supposed to be where people "openly" discuss possibilities and debate different angles...we're supposed to be helping each other here...playing devil's advocate if need be...

people are taking things far too personally...
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
that one wasn't so buggered up by the rest of the market...

granted--that was basically two threads of traders. My larger point obtains...shall we toss aside invaluable esprit de corps cuz of boogers in the market?
 
Posted by glassman on :
 
people are taking things far too personally...

some people seem to forget thay are talking to friends.
 
Posted by glassman on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by glassman:
that one wasn't so buggered up by the rest of the market...

granted--that was basically two threads of traders. My larger point obtains...shall we toss aside invaluable esprit de corps cuz of boogers in the market?
i dunno Tex?

what have we accomplished here? nuttn'

all i hear is i told you so..... it's gonna drop...
RS...

as if i can't read a chart and L2...
 
Posted by T e x on :
 
"what have we accomplished here? nuttn' "

only if we quit...

I simply *can't* go back over every post, but am more than willing to look into this 368 thing... have you found anything relevant?
 
Posted by Doniboy on :
 
Purl Gurl, I know you know your stuff, and like I said, I am out anyway. But I am pretty sure that this will open at $15. Whether or not it will stay there is the big question. With all the bashing from radio stations and sites, I seriously doubt it right now. Still the fact remains that the price will not be arbitrary. It (supposedly)is based on audited financials which place the book value at $7.21. Rufus said that he would have been allowed to price it up to 3 times book value. Many have compared this to an IPO, though it is not, where a new comapny is formed and thus a price is set. Which would basically make the share price right now meaningless (I know it sounds weird). I did find this article that discusses valuation of a stock after a Reverse Merger (oddly enough it says that book value is not the real indicator):

Establishing The Initial Stock Price - Once a reverse merger is completed, a broker/dealer must decide to make a public market in the stock. The market makers, in conjunction with the company, determine the initial price for the stock. Perceived value, the "sex appeal," track record and potential growth of the company usually have more to do with initial pricing than earnings multiples and current book values. Competent investor relations and supportive market makers as well as management’s ability to relate the company’s potential to investors are of key importance.Ultimately, the public market acceptance of the company will determine the market price for the stock.


full link http://www.venturea.com/shell.htm
 
Posted by glassman on :
 
The market makers, in conjunction with the company, determine the initial price for the stock.

HENCE? my assertion that the MM's are covering shorts from when it was under 30 cents, AND scaring everybody out of theirs.....

the stock  -

is just part of the shake... more evidence that this is not a simple play...
 
Posted by T e x on :
 
quote:
Originally posted by Doniboy:
Purl Gurl, I know you know your stuff, and like I said, I am out anyway. But I am pretty sure that this will open at $15. Whether or not it will stay there is the big question. With all the bashing from radio stations and sites, I seriously doubt it right now. Still the fact remains that the price will not be arbitrary. It (supposedly)is based on audited financials which place the book value at $7.21. Rufus said that he would have been allowed to price it up to 3 times book value. Many have compared this to an IPO, though it is not, where a new comapny is formed and thus a price is set. Which would basically make the share price right now meaningless (I know it sounds weird). I did find this article that discusses valuation of a stock after a Reverse Merger (oddly enough it says that book value is not the real indicator):

Establishing The Initial Stock Price - Once a reverse merger is completed, a broker/dealer must decide to make a public market in the stock. The market makers, in conjunction with the company, determine the initial price for the stock. Perceived value, the "sex appeal," track record and potential growth of the company usually have more to do with initial pricing than earnings multiples and current book values. Competent investor relations and supportive market makers as well as management’s ability to relate the company’s potential to investors are of key importance.Ultimately, the public market acceptance of the company will determine the market price for the stock.


full link http://www.venturea.com/shell.htm

doni, as I understand it? your "part 2" (beginning: "Establishing The Initial Stock Price") pertains to the adjusted pps following a reverse. In short, this is why we "expect" a reverse of, say, 8:1 to trade after the reverse is effected at 8 x the former pps.

This case is *not* a "normal" reverse/merger takeover...

This case depends on the "368" regs; if CEO/company does indeed have a "magic wand," the empowerment is apprently granted in the 368 regs...
 
Posted by glassman on :
 
how many times do i have to repeat this..

cranky? LOL

no reverese split...

the value is based on assets....

they MUST be audited..

that is one thing i am waiting on...the audit..


no reverse split
no reverse split
no reverse split

cusip number changes... price changes.. your number of shares remains the same...
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:
The market makers, in conjunction with the company, determine the initial price for the stock.

HENCE? my assertion that the MM's are covering shorts from when it was under 30 cents, AND scaring everybody out of theirs.....

the stock  -

is just part of the shake... more evidence that this is not a simple play...

I agree glass. We'll see what happens.
 
Posted by Doniboy on :
 
Yeah Tex, I was actually the first one to post the "368" regs e-mail from Rufus, and admittedly found it confusing myself, but as far as that paragraph is concerned it doesn't even mention the shell's pps nevermind a reverse split based on that price. It sounds to me like the price is totally based on the new entity (and how sexy it is..lol). Plus, I don't understand why Rufus would say it if it isn't true. He has repeatedly said no r/s, price set to $15. He is accountable for his statements.
 
Posted by glassman on :
 
yes peaser, but i won't be saying i told you so if/when it does...
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:


that is one thing i am waiting on...the audit..



The audit is supposed to be out in the next 10K as said by Rufus. That is what I am waiting to see.
 
Posted by Peaser on :
 
I won't be saying I told you so either.

I am in and haven't sold.

Needs to hold above .88, close above 1.06 tomorrow IMO.
 
Posted by T e x on :
 
quote:
Originally posted by Doniboy:
Yeah Tex, I was actually the first one to post the "368" regs e-mail from Rufus, and admittedly found it confusing myself, but as far as that paragraph is concerned it doesn't even mention the shell's pps nevermind a reverse split based on that price. It sounds to me like the price is totally based on the new entity (and how sexy it is..lol). Plus, I don't understand why Rufus would say it if it isn't true. He has repeatedly said no r/s, price set to $15. He is accountable for his statements.

Doni, in order to avoid confusion--does that material from "venturea" address:

1) reverse mergers, in general?

or

2) the "368" regs--even if a little bit?
 
Posted by glassman on :
 
the audited financials are on the website, but not filed, when they are filed? then i will accept them:
http://www.cvsu.us/
 
Posted by Peaser on :
 
Just as I mentioned. Awaiting the 10K.
 
Posted by Doniboy on :
 
It doesn't mention any IRS reg at all. Its just an explanatory article about what reverse mergers are.

quote:
Originally posted by T e x:
quote:
Originally posted by Doniboy:
Yeah Tex, I was actually the first one to post the "368" regs e-mail from Rufus, and admittedly found it confusing myself, but as far as that paragraph is concerned it doesn't even mention the shell's pps nevermind a reverse split based on that price. It sounds to me like the price is totally based on the new entity (and how sexy it is..lol). Plus, I don't understand why Rufus would say it if it isn't true. He has repeatedly said no r/s, price set to $15. He is accountable for his statements.

Doni, in order to avoid confusion--does that material from "venturea" address:

1) reverse mergers, in general?

or

2) the "368" regs--even if a little bit?


 
Posted by T e x on :
 
Glass?

Dipping in and out of the discussion as I've been forced to do re work schedule, I see what seems to be a general, systemic confusion over mergers that do include a reverse-split vs the "368" angle here.

As we know, post-r/s, a pps is at least granted the "decency" of opening at the stated multiplier (ignoring illegal r/s for purposes of discussion). that is, the pps is adjusted according to the math of the r/s...

In this case, the CEO/company is claiming another method whereby pps can be adjusted. Another method entirley...
 
Posted by glassman on :
 
In this case, the CEO/company is claiming another method whereby pps can be adjusted. Another method entirley...

yes....
 
Posted by Peaser on :
 
From IHUB:

More info on "our street" and "stock lemon" and thier scamming ways, hey jj maybe you should post the links to these articles on the board. We are being attacked by naked short sellers, (if it wasn't obvious, lol)


http://www.investors.com/breakingnews.asp?journalid=22312898&brk=1

Stock lemon:

http://www.wallstreet digest.com/specialstock/specialstocklogin.html

http://www.findarticles.com/p/articles/mi_pwwi/is_200504/ai_n13601483

http://www.yp.com/press_release.php?releaseid=2004010901
 
Posted by T e x on :
 
Do we/anybody see anything here:

http://www.venturea.com/shell.htm

that relates to the "another method entirely" ?

That is to say, does the info at http://www.venturea.com/shell.htm strike ANYONE as discussing the "368" provision?

I ask because *I* do not--this "venturea" info seems to address only what we might call "standard" stuff, routine r/m's ...
 
Posted by Doniboy on :
 
for anyone who wants information about the Lemon a$$hole who tanked your investment to "protect" you. read the following article.
http://www.investors.com/breakingnews.asp?journalid=22312898&brk=

Our-Street.com, whose bizarre proprietor Timothy Miles had masqueraded for months as "Nick Tracy" to avoid public disclosure that he has himself been charged by the SEC for securities fraud, before being unmasked in a Financial Wire exclusive, has "gone on the attack" against dozens of companies, including Circle Group Holdings (CXN) and H-Quotient (HQNT).

Timothy Miles...a former broker and self-professed failed public company executive, who also operates websites devoted to art auctioning and a mysterious otherworld crystal his site says has revealed to religious leaders around the world "the meaning of life."

...has been accused by the U.S. Securities and Exchange Commission as a fraudulent pumper-and-dumper...

Miles also acknowledged he has operated under the guise of an ordained minister "for the purposes of writing a book," and as Rev. Timothy Miles, has represented in a site at http://www.themeaningoflife.net that he has been gifted through a crystal with a text that he believes is a true "message from God,"

The SEC also said Miles/Tracy and his co-conspirators "reaped profits of more than $500,000" out of the fraud.
 
Posted by T e x on :
 
quote:
Originally posted by Doniboy:
for anyone who wants information about the Lemon a$$hole who tanked your investment to "protect" you. read the following article.
http://www.investors.com/breakingnews.asp?journalid=22312898&brk=

Our-Street.com, whose bizarre proprietor Timothy Miles had masqueraded for months as "Nick Tracy" to avoid public disclosure that he has himself been charged by the SEC for securities fraud, before being unmasked in a Financial Wire exclusive, has "gone on the attack" against dozens of companies, including Circle Group Holdings (CXN) and H-Quotient (HQNT).

Timothy Miles...a former broker and self-professed failed public company executive, who also operates websites devoted to art auctioning and a mysterious otherworld crystal his site says has revealed to religious leaders around the world "the meaning of life."

...has been accused by the U.S. Securities and Exchange Commission as a fraudulent pumper-and-dumper...

Miles also acknowledged he has operated under the guise of an ordained minister "for the purposes of writing a book," and as Rev. Timothy Miles, has represented in a site at http://www.themeaningoflife.net that he has been gifted through a crystal with a text that he believes is a true "message from God,"

The SEC also said Miles/Tracy and his co-conspirators "reaped profits of more than $500,000" out of the fraud.

doni? not saying you're wrong, etc blah blah...but please provide link to "connect-the-dots"
 
Posted by Doniboy on :
 
That's true Tex, but it does allow for the fact that the price per share after a reverse merger is based on other things aside from the Shell's pps. Thats my only reason for posting. Everyone keeps saying that a $1.00 stock shouldn't be worth $15.00 and they are correct. But AFTER the reverse merger those who hold will not be investors in FHAL, they will be invested in a new company with different assets. So their stock will not magically transform into a %15.00 stock, it will magically transform into a stock in a different company with its own independant value.

Of course I am not positive about anything, this is just my DD. Actually it feels nice to discuss the issues again rather than fight bashers and haters... [Smile]

quote:
Originally posted by T e x:
Do we/anybody see anything here:

http://www.venturea.com/shell.htm

that relates to the "another method entirely" ?

That is to say, does the info at http://www.venturea.com/shell.htm strike ANYONE as discussing the "368" provision?

I ask because *I* do not--this "venturea" info seems to address only what we might call "standard" stuff, routine r/m's ...


 
Posted by Doniboy on :
 
doni? not saying you're wrong, etc blah blah...but please provide link to "connect-the-dots"

http://www.investors.com/breakingnews.asp?journalid=22312898&brk=
 
Posted by glassman on :
 
somethin' ain't right...

but it's the short-sellers that ain't right this time...
 
Posted by T e x on :
 
quote:
Originally posted by Doniboy:
That's true Tex, but it does allow for the fact that the price per share after a reverse merger is based on other things aside from the Shell's pps. Thats my only reason for posting. Everyone keeps saying that a $1.00 stock shouldn't be worth $15.00 and they are correct. But AFTER the reverse merger those who hold will not be investors in FHAL, they will be invested in a new company with different assets. So their stock will not magically transform into a %15.00 stock, it will magically transform into a stock in a different company with its own independant value.

Of course I am not positive about anything, this is just my DD. Actually it feels nice to discuss the issues again rather than fight bashers and haters... [Smile]

quote:
Originally posted by T e x:
Do we/anybody see anything here:

http://www.venturea.com/shell.htm

that relates to the "another method entirely" ?

That is to say, does the info at http://www.venturea.com/shell.htm strike ANYONE as discussing the "368" provision?

I ask because *I* do not--this "venturea" info seems to address only what we might call "standard" stuff, routine r/m's ...


doni, sorry if I seem terse....am really busy, lol

the thing is? posting about "standard" reverse mergers is of little value, at the moment. Merely muddies the waters, precisely because the CEO/company claiming no reverse split. True, reverse-splits accompanied *by* (good) reverse mergers can be very lucrative. If this were "standard," then such DD would apply.

As it stands, the bell-ringing question hinges on the "368" provision. Period. End of story.

More DD needed there...

Quick--tomorrow's Thursday...
 
Posted by Doniboy on :
 
lol, ok let me see if I can find something. In the meantime everybody please let me know if you think that this link is being truthful.
http://thestockmafia.com/Home.html
 
Posted by cassity on :
 
Doniboy, you miss FHAL already don't you! Hey, sounds like a PR tomorrow and 10k on Friday according to the COO(Ben Stanley). Enjoy your evening. Later
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:
somethin' ain't right...

but it's the short-sellers that ain't right this time...

Yup!

"At any times [sic] the principles [sic] of Stock lemon.com might hold a position in any of the securities profiled on the site. Stock lemon.com will not report when a position is initiated or [sic] covered. Each investor must make that decision based on his/her judgment of the market."
 
Posted by glassman on :
 
donni it's a joke... LOL
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
somethin' ain't right...

but it's the short-sellers that ain't right this time...

Who can short? I notice you're not limiting to Naked Shorts--which would be MMs, yes? (1)

So you're saying traders with offshore accounts, hedge funds, and the rare individual trader who can persuade a broker to allow him/her to short pennies? (2)
 
Posted by glassman on :
 
TEX? we just spent a few hours looking over this didn't we?


http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/2/ t/012584.html

aren't those all pennies...
you can hire a market maker DIRECT if'n you got the cash, can't you PG?
 
Posted by Peaser on :
 
Donni, my opinion of it all is that the shorts are scrambling right now.

When I went on the attack the other day against the shorts, I received 200+ attempts to hack into my system. Coincidence? I think not.

I for one am holding my shares. I believe they are worth more than what any short-seller thinks they can illegally manipulate the share price to.

If we all hold, the short squeeze is on again.
 
Posted by 66inxs on :
 
question for tex and/or doniboy:

re the pps after the merger: since the pps per audited assets determines the pps, is the irs reg talking about the pps on the COMPANY'S BOOKS and financial statements, or the pps on the market. this makes a huge difference to those of us who are merely trading shares. i don't know. what is your read on this ?
 
Posted by Doniboy on :
 
Well 66inxs, Tex and I are still not agreed as to what the pps will be based on. I am trying to find IRS information explaining this tax free reorganization stuff.
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
TEX? we just spent a few hours looking over this didn't we?


http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/2/ t/012584.html

aren't those all pennies...
you can hire a market maker DIRECT if'n you got the cash, can't you PG?

"we just spent a few hours ..."
hence, my post...verifying last known, good, etc... re that "department"

Perhaps it's not obvious... am not trying to prove my *foregone conclusion*... anyone who believes so is referred to posts early on, which haven't changed all that much...

bottom line? I can't flip, right now. If I could, woulda flippin hell from this one... If I can get something solid on the 368 deal, I would love that--not only for me
 
Posted by 66inxs on :
 
all the irs is concerned about as well as GAAP is the pps in the owners equity section of the books to obtain the audited earnings/loss per share, etc. as we know the pps in the market changes tick by tick so it could never be pinned down. regardless of what the pps becomes on the acquiring company's books, what they and/or us will receive for it will be an entirely different matter. i will do research on this on the aicpa site and report back. MAYBE what these guys are doing is talking about the book value of the stock, people read market price into this and the market price jumps for no solid reason. JMHO. lets figure this one out together for sure. TIA.
 
Posted by T e x on :
 
quote:
Originally posted by 66inxs:
question for tex and/or doniboy:

re the pps after the merger: since the pps per audited assets determines the pps, is the irs reg talking about the pps on the COMPANY'S BOOKS and financial statements, or the pps on the market. this makes a huge difference to those of us who are merely trading shares. i don't know. what is your read on this ?

lol, sorry to be "demanding," but can you *PUH-Lease* post confirmation that "pps per audited assets determines the pps" in regards to the 368 regs?
 
Posted by T e x on :
 
notice the pause?

This is GOOD

the hive-mind is at work...
 
Posted by 66inxs on :
 
hi tex

in response to your question i believe that irs code 368(a)(1)(c) covering a type C reorganization basically covers this transaction. the irs is concerned about how the acquiring corp reports any gain or loss on the reorganization and not on the market price of the stock, the ceo would be concerned with the book valuation, but onec the stock is issued, the market price no longer matters to the corp books. when the reorganization occurs, the corp may set the pps on the BOOKS to reflect the audited valuation of the assets including the assets acquired, but that does not mean the market price will necessarily jump up to that. this is an accounting and financial statement thing and not a market thing. JMHO. you input and experience on this will be appreciated too !
 
Posted by T e x on :
 
quote:
Originally posted by 66inxs:
hi tex

in response to your question i believe that irs code 368(a)(1)(c) covering a type C reorganization basically covers this transaction. the irs is concerned about how the acquiring corp reports any gain or loss on the reorganization and not on the market price of the stock, the ceo would be concerned with the book valuation, but onec the stock is issued, the market price no longer matters to the corp books. when the reorganization occurs, the corp may set the pps on the BOOKS to reflect the audited valuation of the assets including the assets acquired, but that does not mean the market price will necessarily jump up to that. this is an accounting and financial statement thing and not a market thing. JMHO. you input and experience on this will be appreciated too !

nice!

suggestion? let's separate your thoughts from remainder of post, then provide links...

That would be sooo helpful [Wink]

Thanks
 
Posted by Peaser on :
 
Upon the cusip number/symbol change from FHAL to CVSU, any shorts that have not covered will lose 100% of their investment. What's your take glass, tex? Please correct me if I am wrong.

Quite a risky short sale investment eh?
 
Posted by 66inxs on :
 
you got it tex. give me a few minutes and i will try o come up with link. i have the irs code as a pdf but i will try to get a link for you guys.
thanks for your patience.
 
Posted by T e x on :
 
quote:
Originally posted by Peaser:
Upon the cusip number/symbol change from FHAL to CVSU, any shorts that have not covered will lose 100% of their investment. What's your take glass, tex? Please correct me if I am wrong.

Quite a risky short sale investment eh?

Again, it's the CUSIP change that presents problems for shorts.

However, as Glass has agreed with, the Big Daddy Short position would be staked out near/around the $15 pps (up some, down some...basically..."the top" as is contemplated now, in best possible worlds)
 
Posted by 66inxs on :
 
hi tex and others

please read the attached link. page 2 paragraph starting with Basic Calculations... tells about the valuation of the book pps after a reorganization. please let me know what your opinions are. thanks. Latham & Watkins, LLP, Washington DC law firm.

http://www.lw.com/resource/Publications/_pdf/pub1481_1.pdf
 
Posted by Peaser on :
 
So then as a result of the cusip number change, the symbol changes. Correct tex?
 
Posted by SYGY on :
 
good work guys ,hope it all works for us!!
 
Posted by Doniboy on :
 
Sorry guys, had to pick up my son.... I am back on the case now..lol
 
Posted by T e x on :
 
quote:
Originally posted by 66inxs:
hi tex and others

please read the attached link. page 2 paragraph starting with Basic Calculations... tells about the valuation of the book pps after a reorganization. please let me know what your opinions are. thanks. Latham & Watkins, LLP, Washington DC law firm.

http://www.lw.com/resource/Publications/_pdf/pub1481_1.pdf

search reveals this .pdf *does* mention "368"

nice find, 66

thanks


(not saying it *answers* anything, but I do see the 368 mentioned)
 
Posted by SYGY on :
 
Posted by: digiwench on I-HUB
In reply to: None Date:7/26/2006 9:12:54 PM
Post #of 16446

LIST OF QUESTIONS FOR BEN STANLEY: COO
________________________________________

This is the final list of questions for tomorrow's Q&A session with Ben Stanley. If you have any new questions for him, please PM me with them. Thank you! (yes, the Q&A today was postponed due to the ********** fiasco, which they needed to address)

Sorry Rick, I was at Paltalk was busy all afternoon, and trying to get through to Ben Stanley.

I was on Paltalk, when we heard about **********. I'm the one who called him to let him know that FHAL stock was under attack, and he thanked me, and cancelled our meeting tonight at 4:30.

Later this evening, he called me to let me know that CVSU had filed a lawsuit against **********, and another site called "our street.com" He told me that he would in the morning they would be releasing PRs and then he would call me to let me know when we could set up the Q&A. In the meantime , here is the list of questions we put together to ask him:

10-K, S-4 and 8-K Qustions:

1) In the 8k it reads: "In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: maintain the Average Closing Price at a price equal to the Actual Average Closing Price"

This indicates that the price could fall to less than $15. Is this correct? What steps will CVSU elect to take in order to "maintain Average Closing Price equal to the Actual Average Closing Price?"

Please clarify.

2) Since option A in section 2.6 of the 8-K states:

" In the event that the Actual Average Closing Price is ***LESS*** than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price;

Why is Rufus saying that option A only applies if the price is *ABOVE* $15/share, when it says ***LESS*** than $15.00?

If the price is LESS than $15 does this not say that they can use "the Average Closing Price at a price equal to the Actual Average Closing Price" and NOT $15/share.

3) Can this deal be cancelled as stated in the 8-K, section 2.6?

(c) set the Average Closing Price at $15.00 and pay no additional consideration to the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ). In the event that the Buyer elects option (c) described above, ***the Company may terminate this Agreement*** by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.

What assurance do we have that the section that states ***the Company may terminate this Agreement*** will not take place?

4) Will the 10K be filed by Friday?

5) What's more important than the filing date is when the 10K will be available for public viewing.


FHAL Questions:

1) I know this seems like an obvious question, but could you just explain to us "Why arent any of the institutions Rufus mentioned buying FHAL stock now for $1? why wait till its $15?"

2) "WHY would the institutions buy this stock at $15 and support it from falling?" Can you give us the names of any of these institutions? Which insitutions are involved in the post merger $15 PPS support?

3) What day do they expect to trading to halt, and CVSU trading begun? Do you expect this to take place after trading hours? How long will the halt last? Will it be less than two days?

4) Can we expect trading in FHAL to be halted within the next five business days?

5) Will existing FHAL stockholders be able to trade shares as soon as their brokers redefine their holdings to CVSU, after the halt?

6) what was the exact number for the fhal O/S? and has this increased in the past 2 weeks?


CVSU Questions:

1) Does CVSU own all of the existing FHAL float?

2) If no. What percentage of the float do they own?

3) Is it true that CVSU Executives, such as Paul Harris, cannot sell their personal shares for a period of 90 days after the new CVSU ticker symbol begins to trade?

4) If that is incorrect, when CAN a CVSU executive begin selling their personal shares?

5) Do they KNOW THE WHALES ARE THAT OWN THE REMAINDER?
(Do you personally know who are the big owners of the oustanding large blocks of shrares)

6) How much does CVSU have in cash, not bonds, IOUS or ICC Euro notes?

7) What is CVSU's current revenue stream?

8) What are the terms and nature of the 500 mil bond Caracas Group "invested in " CVSU ?

9) How did CVSU get its hands on a lawsuit won for 300 mil against the state of Washington ?

10) RPH mentioned that the washington Bonds were part of the fallout from the S&L crisis. Do we understand this correctly?

11) How much interest do those bonds pay?

12) Can you shed any additional light on the nature of the Euroclear bonds?

13) Has CVSU's trust representative has been buying shares in the past few days...especially this morning?

Post Merger Questions:

1) Are there PRs aligned post ticker change that will help support or bring in new investors, e.g. large contracts etc

2) Are there $15 billion in institutional buyers lining up to buy CVSU shares after August 1st?

3) Is there the possibility of a Forward Split taking place within 90 days of the new ticker symbols start of trading?

4) RPH has also mentioned several times about CVSU considering a forward split; what is the projected time window they are targetting for, and what ratios are they considering, such as 3:2, 2:1, or even 3:1

5) What quarter are they targeting their first subsidiary IPO for, what price range and what range of probable share volume and are they targeting GA as the first candidate
(Each of these would add value to why we stockholders should hold rather than sell at first opportunity....... and would encourage new investors adding buying pressure on the stock)

6) Are there existing Notes and/or Debentures on CVSU stock that can be converted right after the merger (or even now) and are they restricted in any way?

Obvious Questions:

1) Will the new ticker CVSU begin trading at $15?

2) Is Rufus Paul Harris known to be a regular poster on Investorshub.com FHAL board?

3) Can you assure everyone in this room that there will be NO 90-120 day waiting period for the stock to "convert" from FHAL to CVSU.

4) Will there be any additional pr's prior to the merger to help restore investor confidence?


Joint Venture Questions:

1) Can you comment on where "Lotteryfever.com" stands today? Are there contracts with states in the works? Which states? How many machines are expected to be sold over the next year?

2) What is the business of "Rocky Road Entertainment"? What would you say is the value of this particular holding?

3) What is AISS's current revenue stream, approximately.

4) Are there any large or imminent contracts that shareholders should be aware of? Would these contracts be signed within three months?

5) After AISS, which of CVSU's other ventures is believed to be the most lucrative?

6) Why?
 
Posted by Doniboy on :
 
personally I was thinking that we were in a type A reorganization. Still reading.
 
Posted by 66inxs on :
 
let me present to you:

26 U.S.C. 368 for your perusal :

http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000368----000-.html
 
Posted by T e x on :
 
quote:
Originally posted by 66inxs:
let me present to you:

26 U.S.C. 368 for your perusal :

http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000368----000-.html

weee---have'nt read it, yet...

but 66 gets props for *cornell.edu* link...

[Wink]
 
Posted by 66inxs on :
 
you guys have always helped me. lets figure this out together so none of us gets screwed friday. bottom line - we all make money and get out ok !!
 
Posted by Doniboy on :
 
I'm already out, but I am pissed at all that happened. I believe that this is the most manipulated stock I have ever seen, and I think that the SEC needs to set an example here, The anonimity of the Web allows the scum of the earth to act as con men. I'd like to meet that lemon guy in person, I'll tell you that.
 
Posted by 66inxs on :
 
i'm out too doniboy but was thinking about jumping back in. this may be another manipulation by a ceo of the pps before a reorganization but we will never know for sure.

buy amd/or hold through merger: gutsy high risk move imho. this was how NDOL management manipulated pps per share a couple of months ago IMHO.

my opinion is just my opinion. please dyodd and make your own decisions ! don't rely on me. as tex said: just present the link without the opinions !
 
Posted by cassity on :
 
quote:
Originally posted by Doniboy:
I'm already out, but I am pissed at all that happened. I believe that this is the most manipulated stock I have ever seen, and I think that the SEC needs to set an example here, The anonimity of the Web allows the scum of the earth to act as con men. I'd like to meet that lemon guy in person, I'll tell you that.

All I can say is we will all see who is right in less than a week. I know I'm still excited, nothing has changed. I'm completely at peace with this. Just a lot of uneducated individuals running their mouths and costing people money. I think when they release the 10k, people will be scrambling trying to buy. That's just my opinion, but for some reason I believe Rufus. I like his confidence in his company. Big contracts, big bank account = big PPS. To bad there has to be so many BIG MOUTHS also. GLTA [Big Grin]
 
Posted by Doniboy on :
 
I made a good amount of cash on NDOL (got out seconds before the first crash and never went back). But I don't see the similarities, aside from a big run and a crash, another run and a crash, this is nothing like it. NDOL, promised a buyout by a large company (some people even believed it was LukOil) and then renegged, and it turned into a merger with a crap company. I felt lied to. In this case I don't see that Rufus has done anything wrong (yet).
 
Posted by T e x on :
 
quote:
Originally posted by cassity:
quote:
Originally posted by Doniboy:
I'm already out, but I am pissed at all that happened. I believe that this is the most manipulated stock I have ever seen, and I think that the SEC needs to set an example here, The anonimity of the Web allows the scum of the earth to act as con men. I'd like to meet that lemon guy in person, I'll tell you that.

All I can say is we will all see who is right in less than a week. I know I'm still excited, nothing has changed. I'm completely at peace with this. Just a lot of uneducated individuals running their mouths and costing people money. I think when they release the 10k, people will be scrambling trying to buy. That's just my opinion, but for some reason I believe Rufus. I like his confidence in his company. Big contracts, big bank account = big PPS. To bad there has to be so many BIG MOUTHS also. GLTA [Big Grin]
Cassity,

have not been able to follow closely...

What are the "uneducated" " big mouths" posting?
 
Posted by 66inxs on :
 
doniboy i did the same thing you did with NDOL. the comparison i was making was that a large pps was stated b4 the merger and it never materialized there and will not materialize here either imho. if anyone's opinion is different, go for it and i will give you props if you are right monday am.
 
Posted by cassity on :
 
Doniboy, I have just resorted to using logic on this. If I was a scam artist and wanted to screw people would I go on the radio(2 times). File a 8k with the SEC. Make outrageous claims in the public eye. Draw more and more attention to myself by releasing a PR saying people are falsifying information and threaten to take them to court. NDOL was very difficult to get a hold of when I called. Never said the same thing twice and was always changing things. The buyout was a complete hoax to get people to buy. Like you said, Rufus hasn't even had a chance to show people he is telling the truth and already people try to dog him. This is why I have complete peace with holding. I've already covered my investment and I'm riding 21k free shares. I look forward to tomorrow, Friday and definitly Monday. GLTY
 
Posted by Doniboy on :
 
I agree Cassity, except I would say that some of those posters ARE educated. Unfortunately, their ulterior motives govern their decisions. Sometimes I just want to crawl through the computer screen and grab those shorts by the throat, but I digress. I think we saw a coordinated attack today. I know it sounds conspiratorial, but I believe its true. Remember, just because I'm paranoid it doesn't mean they're not watching me.
 
Posted by cassity on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by cassity:
quote:
Originally posted by Doniboy:
I'm already out, but I am pissed at all that happened. I believe that this is the most manipulated stock I have ever seen, and I think that the SEC needs to set an example here, The anonimity of the Web allows the scum of the earth to act as con men. I'd like to meet that lemon guy in person, I'll tell you that.

All I can say is we will all see who is right in less than a week. I know I'm still excited, nothing has changed. I'm completely at peace with this. Just a lot of uneducated individuals running their mouths and costing people money. I think when they release the 10k, people will be scrambling trying to buy. That's just my opinion, but for some reason I believe Rufus. I like his confidence in his company. Big contracts, big bank account = big PPS. To bad there has to be so many BIG MOUTHS also. GLTA [Big Grin]
Cassity,

have not been able to follow closely...

What are the "uneducated" " big mouths" posting?

Sorry Tex, I was refering mainly to IHUB, I know Doniboy reads that a lot. I like what people are doing here. One big mouth here would be Let's help eachother. JMO [Smile]
 
Posted by T e x on :
 
gotchya...

'prreciate the reply
 
Posted by Peaser on :
 
More From I-HUB:

SUMMARY OF BEN STANLEY phone calls today.

Last night I called Ben Stanley at his home. It was 9:40 at night, and I could hear his kids in the background.

I told him that there were some concerned investors here who need answers.

I tried to set up a Q&A on Paltalk for today at 12:30. He told me that he and Rufus would be busy working, could he do it at 4:30 We set it up for 4:30.

However, in the afternoon, someone alerted the room that FHAL had been placed on stock lemon.com.

I called Ben Stanley immediately to tell him this news, and urged him to do something. I called him again fifteen minutes later, when we saw the Level 2s collapsing.I impressed on him the importance of handling the situation immediately. People in the Paltalk room told me to relate the story of STTK. Ben Stanley then said CVSU was going to "deal" with the situation, and said they would be cancelling the meeting for today.

At 4:30, he called me back and told me two things:

They would be releasing "PR(s)" tomorrow morning. I don't know how many that means. More than one, for sure. Maybe two. These would be addressinng stock lemon and our-street, I was told.

He told me that they had already begun a lawsuit against the people who had posted negative press against CVSU. He also had quite alot to say about Bbane, which I tried to transcribe, and will post separately.

That is simply what he told me.

Finally, he said that after the PRs, he would be calling me to set up a new hour for the Q&A.

I will post that time as soon as I know myself.

We know for sure that it will be held at PALTALK.

Ben Stanley "hinted" at financials being released on Friday, but then changed the subject quickly. I don't know how to interpret that. I am hoping that this means that we will have financials soon. PLEASE don't quote me on this. Instead, come to the Paltalk Q&A and ask Ben Stanley himself.

He said that they have "a plan". We need to know what that is.
 
Posted by Doniboy on :
 
Most of the things that I find on the tax free 368 thing have to do with whether or not there is a capital gains tax on consideration received. I don't see where it sets any rules for procedures in relisting under a new stock name. But if you think about it an IRS code would deal with TAXES. SEC codes would deal with procedures.
 
Posted by Doniboy on :
 
OK someone check this out and let me know what you think. It is listed on a site for a company that helps with OTC reverse mergers.

How Long Until Trading:
This process is demanding and time sensitive to both the client company and the public shell company. Assuming the co-operation of the client company in providing all necessary information, obtaining action of its Board of Directors and providing audited financial statements within the required time, you may expect to be trading in 60 to 90 days after execution of the agreement.

Link http://www.otctraders.com/steps.html
 
Posted by Doniboy on :
 
This is from the same site:

But with a reverse merger, the deal rests on whether the people who control the shell like the private company and desire to be acquired by it. Market conditions have almost no bearing on the situation.

http://www.otctraders.com/benefits.html
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by glassman:
so dusty did you buy?

------------------------------------------------
Nope, pulled my bid at .83
 
Posted by glassman on :
 
quote:
Originally posted by Dustoff 1:
quote:
Originally posted by glassman:
so dusty did you buy?

------------------------------------------------
Nope, pulled my bid at .83

Conversion Solutions Announces 500 Million USD Investment
Thursday April 27, 4:10 pm ET

KENNESAW, Ga., April 27 /PRNewswire-FirstCall/ -- Conversion Solutions, Inc. (OTC Pink Sheets: CVSU - News) announces that during the SB-2 filing process the following current events have taken place.

CVSU would like to announce the signing of a Global Funding agreement with Ismet Paez of The Caracas Group. The funding agreement brings 500 Million United States Dollar denominated Global, Bonds on the Republic of Venezuela with a 13.625% annual coupon, to CVSU's financials. The bond has been loaded in the Euroclear system with the following codes:

ISIN Number: US922646AT10

Common Code: 008975540

CUSIP: 922646AT1

BB Registration: A-989/08/01 to A-989/08/19

The bond also trades under symbol (VEZD) on the Deutsche Borse Frankfort market.

"We have been working diligently toward Hypothecation of the Bonds for liquidly. We have received written pre-approval for a credit line on the bonds and are in the final phases of execution. This process is very important to the launch of CVSU's business model for the funding of the projects and Asset Backed Security (ABS) origination," stated Ben F. Stanley, COO.

"The Board of directors has decided to complete the Credit facility prior to filing the SB-2; we feel that the addition of this asset is beneficial to the shareholders value," stated Rufus Paul Harris, CEO.

 
Posted by T e x on :
 
quote:
Originally posted by Doniboy:
Most of the things that I find on the tax free 368 thing have to do with whether or not there is a capital gains tax on consideration received. I don't see where it sets any rules for procedures in relisting under a new stock name. But if you think about it an IRS code would deal with TAXES. SEC codes would deal with procedures.

Oh, I agree, almost totally...

Except? the "empowerment" to reset prices apparently rests squarely on the 368 regs. Not what *I* have posted, mind you--that's what Rufus/company are saying, as far I can figure. You said you got the e-mail, right? Anyway .... The entire argument for ability to change the pps seems to hinge on the 368 regs.

Hence, that should be the focus...
 
Posted by 10of13 on :
 
quote:
Originally posted by 10of13:
So Tex...and all..."he" can "regulate" the price...because "CVSU" has purchased FHAL and FHAL is going through a "name" change to CSVU and it is "being reorginized" so this quote from above applies: "...or a corporation more than
80 percent of the value of whose assets (excluding cash and non-convertible
debt obligations) are readily marketable stocks or securities."

Go back in this thread...and Glassman, Tex and I and some others were discussing this...and this was back on the July 20th...pg 15 I believe...as i said last night..all the info is in these threads..and it is so simple that people can't see it!


GLTA!
 
Posted by 10of13 on :
 
8K filing
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001297077%252D06%252D000046%252Etxt%26filepath%3D%255C2006%255C07%255C12%255 C&symbol=FHAL

CVSU is a private company (owned buy Rufas and Stanley)
"They" want to be able to trade those stocks
CVSU "claims" they are worth at least $15/share

CVSU buys FHAL (already done),
They will merge
Old CVSU share holders will get 1 share of "FHAL" shares for each CVSU they have
(really RUFAS AND STANLEY will now have 2 shares of the "merged" company)
All shares are now called "CVSU"...
If on the close of day on the first trading day of the "new" ticker symbol..CVSU...does not close at or above the $15.00 mark...all CVSU holders(forget about the symbol of FHAL..it no longer excists)will recieve the difference in $...


According to Rufas and his PR's and the not so wonderful talks with M N1
Rufas has said no R/S but some people have said that "they" would do a R/S but according to this link they would need to give a 10 day notice.

http://www.otcbb.com/aboutOTCBB/secrules.stm

10B-17

Given to the National Association of Securities Dealers, Inc., no later than 10 [calendar] days prior to the record date involved or, in case of a rights subscription or other offering if such 10 [calendar] days advance notice is not practical, on or before the record date and in no event later than the effective date of the registration statement to which the offering relates, and such notice includes:


How can they close and reset the "pps"?

FHAL was bancrupt and according to the below link...they can close and "reset the PPS"

Send us a link http://www.sec.gov/Archives/edgar/data/757563/000129707706000046/fhaul8-kmergers igned.htm from Rufus and here is another link that defines the reorganization http://www.irs.gov/pub/irs-drop/rr-01-24.pdf from Rufus. I'm doing this as he is talking so forgive.
 
Posted by T e x on :
 
10 of Pillows,

go on back to bed, sweetie...

we'll figure it out. ;->
 
Posted by glassman on :
 
OK... here is the official Nasdaq Defintion of last sale price...

there is no "offical" NASDAQ closing price...

read here:

http://www.nasdaqtrader.com/trader/news/2003/vendoralerts/nva2003-6a.pdf
 
Posted by 10of13 on :
 
quote:
Originally posted by T e x:
10 of Pillows,

go on back to bed, sweetie...

we'll figure it out. ;->

LOL..Tex...this was figured out already...last week...
We shall see how it plays!

Tah! Tah! [Wink]
 
Posted by glassman on :
 
10 is correct...
we have 'splained...
that's why i get so cranky... [Wink]

and? even a broken clock is right twice a day....

we have played this thing thru and thru...

there is this humaoooongooouuuss short skaweeeeeze going down...
enjoy....
 
Posted by 10of13 on :
 
Thanks glass...!
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
quote:
Originally posted by T e x:
10 of Pillows,

go on back to bed, sweetie...

we'll figure it out. ;->

LOL..Tex...this was figured out already...last week...
We shall see how it plays!

Tah! Tah! [Wink]

good post, other thread--thanks

("this was figured out already" cool, I don't ever need to repeat myself, either....whew...)
 
Posted by Doniboy on :
 
Guess I am not needed. Now I just need to decide if I want back in, how much I would be willing to spend per share, how many shares I want this time, and how long I want to stay in... Simple stuff.

Maybe I should take my 400% gain and search elsewhere. But a possible 15 bagger from here??? This is tough.
 
Posted by glassman on :
 
donni...
forget the 15$, that's not the prize here...

this is why i get cranky...

the prize is all the shorters..
the co. has the assets to justify setting the price at 15$ if they want...
and they can.. as far as i can tell by reading NADAQ's handbook? they just do it...


but all the short-sellers have to cover...
 
Posted by T e x on :
 
My problem now is, I don't find this language in that filing:

quote:
If on the close of day on the first trading day of the "new" ticker symbol..CVSU...does not close at or above the $15.00 mark...all CVSU holders(forget about the symbol of FHAL..it no longer excists)will recieve the difference in $...
lol, can ANYBODY show me where that language is? [Frown]
 
Posted by 66inxs on :
 
thanks glassman. i finally get it. glad i hung around.
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
donni...
forget the 15$, that's not the prize here...

this is why i get cranky...

the prize is all the shorters..
the co. has the assets to justify setting the price at 15$ if they want...
and they can.. as far as i can tell by reading NADAQ's handbook? they just do it...


but all the short-sellers have to cover...

Glass, looked at the link; wish I could copy, cut n paste, but haven't figured that out...

Anyway, see the page about "90-second delays" ?

Isn't that what this is about? ie, what traders commonly refer to as "painting the tape"?
 
Posted by Doniboy on :
 
$15 would be a prize for me [Smile]

quote:
Originally posted by glassman:
donni...
forget the 15$, that's not the prize here...

this is why i get cranky...

the prize is all the shorters..
the co. has the assets to justify setting the price at 15$ if they want...
and they can.. as far as i can tell by reading NADAQ's handbook? they just do it...


but all the short-sellers have to cover...


 
Posted by 10of13 on :
 
quote:
Originally posted by T e x:
My problem now is, I don't find this language in that filing:

quote:
If on the close of day on the first trading day of the "new" ticker symbol..CVSU...does not close at or above the $15.00 mark...all CVSU holders(forget about the symbol of FHAL..it no longer excists)will recieve the difference in $...
lol, can ANYBODY show me where that language is? [Frown]
You are sounding like my children...jeeze!

Not sure which part you are looking for...but it's in the 8K

almost the first portion states;

Item 1.01 Entry into a Material Definitive Agreement.

On July 8, 2006, The FrontHaul Group, Inc., a Delaware corporation ("FHAL"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with Conversion Solutions, Inc., a Delaware corporation ("CVSU"). The Merger Agreement contemplates that, subject to the terms and conditions of the Merger Agreement, Conversion Solutions, Inc. will be merged with and into FHAL, with FHAL continuing after the merger as the surviving corporation (the "Merger"


And then farther into the 8K..in section 2.6
 
Posted by T e x on :
 
ok, will look again, thanks
 
Posted by 10of13 on :
 
It's also in the July 19th press release...
 
Posted by T e x on :
 
OK, maybe I'm getting re-focused now, weee:

So we're saying this interpretation:

quote:
CVSU is a private company (owned buy Rufas and Stanley)
"They" want to be able to trade those stocks
CVSU "claims" they are worth at least $15/share

CVSU buys FHAL (already done),
They will merge
Old CVSU share holders will get 1 share of "FHAL" shares for each CVSU they have
(really RUFAS AND STANLEY will now have 2 shares of the "merged" company)
All shares are now called "CVSU"...
If on the close of day on the first trading day of the "new" ticker symbol..CVSU...does not close at or above the $15.00 mark...all CVSU holders(forget about the symbol of FHAL..it no longer excists)will recieve the difference in $...

is being derived from this passage in the 8K, right?

quote:
2.6 AVERAGE CLOSING PRICE ADJUSTMENT.

In the event that the Actual Average Closing Price is less than $15.00, the Surviving Holdings Company shall deliver written notice to the Company no later than the second (2 nd ) Business Day preceding the Closing Date pursuant to which the Surviving Holdings Company shall elect, in its sole discretion, to: (a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price; (b) set the Average Closing Price at $15.00 and pay the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ) an amount in cash equal to $15.00 minus the Actual Average Closing Price per share of Buyer's Stock to be received by such holders of Company Shares; or (c) set the Average Closing Price at $15.00 and pay no additional consideration to the holders of Company Shares receiving shares of Buyer's Stock as Merger Consideration (after giving effect to the allocation procedures set forth in Section 2.4 ). In the event that the Buyer elects option (c) described above, the Company may terminate this Agreement by providing the Buyer written notice of termination no later than one (1) Business Day prior to the Closing Date.

Am I back on track... at least on this part?

Hope so...will take another look in the am, if so.

If not, please *somebody* point me in the right direction...

night, all...
 
Posted by DMOST on :
 
Purl Gurl, aren't you the one who advised everyone to sell at .13, then again at.28.....etc. No offense, but could you just admit that this thing isn't following the normal patterns of trade. But, I'd like to say that your input has and will always be appriciated by myself, even if I don't take your advise on some things. Just in the end, Please lets not have any I told you so's, because there will not be any coming for me.


"YOU PAID YOUR MONEY AND YOU MAKE YOUR CHOICE" [Wink] [Smile] [Cool]
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
10 is correct...
we have 'splained...
that's why i get so cranky... [Wink]

and? even a broken clock is right twice a day....

we have played this thing thru and thru...

there is this humaoooongooouuuss short skaweeeeeze going down...
enjoy....

glass?

hello?

is thing on?
 
Posted by Purl Gurl on :
 
"Purl Gurl, aren't you the one who advised everyone
to sell at .13, then again at.28"

I did not. You are practicing deceit so very
typical of a man. I do not appreciate your
lying to readers about me.

Rather ironic I am so often asked for opinions
about stocks, so often I earn excellent profits
for readers and, in the end, I find myself
a target of ridicule and hatred.

F-off.

Purl Gurl
 
Posted by 66inxs on :
 
gapping down bid .86 ask .875 wassup?
 
Posted by Peaser on :
 
Hmm, I'm tempted to load the wagon.
 
Posted by a surfer on :
 
I am in 2000 shares at 1.05 what should I do.. Thanks I need help!
 
Posted by Dustoff 1 on :
 
Bid .852
Ask .853
 
Posted by 66inxs on :
 
wait a hour peaser, you might get a real bargain. can't figure this out. something aint right !
 
Posted by CRab on :
 
it is odd they would bring it down .15 on the open with nothing even remotely like NEW info out...
 
Posted by Peaser on :
 
Possible open at .88 IMO.
 
Posted by CRab on :
 
100k premarket
 
Posted by Peaser on :
 
CRab, my guess is manipulation.
 
Posted by CRab on :
 
ya think...lol
 
Posted by Peaser on :
 
lol, hopefully, we don't see under .90 again.
 
Posted by 10of13 on :
 
quote:
Originally posted by DMOST:
Purl Gurl, aren't you the one who advised everyone to sell at .13, then again at.28.....etc. No offense, but could you just admit that this thing isn't following the normal patterns of trade. But, I'd like to say that your input has and will always be appriciated by myself, even if I don't take your advise on some things. Just in the end, Please lets not have any I told you so's, because there will not be any coming for me.


"YOU PAID YOUR MONEY AND YOU MAKE YOUR CHOICE" [Wink] [Smile] [Cool]

She said to be careful...she didn't say to sell at that early price...it was up quite a bit (maybe near .80) before I ever asked for her opinion...she was asked and she did...there is nothing wrong with that...and I gotta believe that IF this were to turn out the way Rufas had said it would she would be saying that she was suprised....
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by Dustoff 1:
quote:
Originally posted by glassman:
so dusty did you buy?

------------------------------------------------
Nope, pulled my bid at .83

------------------------------------------------
Sure glad I pulled this bid..

Last .78
 
Posted by CRab on :
 
we hit .74 or so?
 
Posted by 66inxs on :
 
morning dusty. me too. i didn't expect this. been up since 5:00 doing dd trying to figure out what might might happen today.

.76 unbelievable !! GLTA !
 
Posted by Dustoff 1 on :
 
66, told a couple feller's last night watch out for .77

.75 now
 
Posted by Peaser on :
 
This needs to get back above 1.06 IMO by close.
 
Posted by 66inxs on :
 
you called it right dusty. some recovery right now, a real rolaids day as someone already posted.
 
Posted by Dustoff 1 on :
 
66, even us un-seasoned amateurs get lucky once in awhile... [Big Grin]
 
Posted by Peaser on :
 
Hopefully we hold above .90 after this bounce at .86. Wait and see.

Hopefully we just get back to it soon.
 
Posted by CRab on :
 
yeah this is looking pretty stagnant until we pass .90
 
Posted by 66inxs on :
 
right on dusty. if this was really a short squeeze, it would be on the short list and have jumped already imho. not bashing, just don't want to lose ! maybe shorts jumping ship?

seems like good support in the mid 80's but i wanted 2.00 ! oh hell and oh well !!!
 
Posted by CRab on :
 
weren't there supposed to be some PR's this morning?

well at least it's picking up some...NITE still sitting on the ask though...

i've read through the DD that was going on last night...did anything ever really come out of the 368 deal? I couldn't really see a resolution...

[ July 27, 2006, 11:00: Message edited by: CRab ]
 
Posted by Dustoff 1 on :
 
Crab, put a "Claw pincher on um"
 
Posted by CRab on :
 
have ya'll all read that cornell law link stating what the 368 is?

i just did...i'm thinking of so many damn things right now...what exactly were we trying to get out of it? i think i actually have a pretty good understanding now...

it's this one incase ya'll don't wanna look...

http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000368----000-.html
 
Posted by Peaser on :
 
Starting to get a little action here. What's it gonna do?

.835 x .84
 
Posted by CRab on :
 
look at the volume peaser...i say it keeps moving up at a snails pace...this isn't going any place unless someone finds a reason for it to...
 
Posted by Peaser on :
 
.83 needs to hold here IMO. A PR or 10K would be nice.
 
Posted by maumee river rat on :
 
From the other thread....take it for what it's worth..

quote:
Originally posted by sandor butosi:
!!!!!!!!!!!!!!!Ben stanley will be talking to digitrader from ihub in 30 min to ask qurstions about pr and other stuff. Mr. stanley is in a meeting with the auditors now. this is great!!!!!!!!!


 
Posted by 10of13 on :
 
things seem to be lookin' up!
 
Posted by CRab on :
 
haha...everything seems to be looking up for you today!
 
Posted by 10of13 on :
 
New HOD! Let's rock!
 
Posted by adi on :
 
1.04
moving up
 
Posted by Stefan on :
 
CVSU was deleted from the exchanges due to inactivity. I'm not sure what it means for the deal...

http://www.otcbb.com/asp/dailylist_detail.asp?d=07/27/2006&mkt_ctg=NON-OTCBB
 
Posted by CRab on :
 
it means the deal is happening...as we type...
 
Posted by Murnak on :
 
7/27/06 Interview With Mr. Paul Harris (FHAL.OB)
Today a group calling themselves Traders Corner Live FHAL conducted an interview with Mr. Paul Harris CEO of Conversion Solutions, Inc.

http://www.traders-corner.com/
 
Posted by glassman on :
 
be careful murnak...playing this can lead to people attempting to ridicule you....
 
Posted by 10of13 on :
 
Glass..no one would do that... [Roll Eyes] [Big Grin]
 
Posted by glassman on :
 
yeah i know.....
i'm sure it's all just a big misunderstanding...
 
Posted by T e x on :
 
we don' need no stinking badgers ! [Big Grin]
 
Posted by Peaser on :
 
I came out yesterday on the run.

What is the deal with the symbol being deleted?
 
Posted by CRab on :
 
it had to be deleted to be absorbed by fhal...then it'll get turned into CVSU.ob
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
I came out yesterday on the run.

What is the deal with the symbol being deleted?

Peaser..."you came out"? or did you mean to say you "got out"?
 
Posted by Peaser on :
 
One parting opinion.

I am not sure if shorts are the cause of the eratic dips as mentioned before, other possibilities could be everyday normal folks selling, or even possible dilution.

I was sold on the possible short aspects a few days ago; however, I am unsure of that at this time.

Best wishes to all.
 
Posted by maumee river rat on :
 
quote:
Originally posted by 10of13:
quote:
Originally posted by Peaser:
I came out yesterday on the run.

What is the deal with the symbol being deleted?

Peaser..."you came out"? or did you mean to say you "got out"?
LMAO!!!!

Who was ya runnin from??
 
Posted by wallymac on :
 
Just got off the phone with Integrity Stock Transfer the T/A for FHAL. The Float is between 23 to 24M shares. So there has not been any dilution. I also asked about the process of exchange after change to CVSU. He stated that once everything is complete it should happen within 24 hours. the only delays would be from the DTC itself and has nothing to do with the company. Discount brokers seem to take a little longer to make the change.

Anyway that was the word I got.

If you'd like to call here's the number 1-702-317-7757.

GLTA
Wally
 
Posted by glassman on :
 
it's nice to know there still a few OTHER people here that actually do their DUE dilligence instead of spreading rumors...
 
Posted by glassman on :
 
there's a statement made by Mr Harris in his interview that the Venezualan bond was converted to cash for 500 million$... if that is the case? i see a possible scenario where shorts are gonna be like ants under a magnifying glass in July...

did i mention i don't like shortsellers?

of course? this is rumour, but i have bought my ticket to the show and PATIENTLY await the outcome....

i have never seen so many rumors and outright lies on one stock before...
the filings are what they are...

there is no way to know if the filings are lies, but if the filings are lies? then there is NOTHING you can count on the market anymore anyway....
 
Posted by 10of13 on :
 
Bullistic posted this on the other thread...

http://www.otcbb.com/asp/dailylist_detail.asp?d=07/28/2006&mkt_ctg=NON-OTCBB
 
Posted by CRab on :
 
haha...beat me to it...
 
Posted by 10of13 on :
 
LOL...you can get the next one... [Wink]
 
Posted by CRab on :
 
http://www.marketwatch.com/tools/quotes/quotes.asp?symb=CVSU&siteid=mktw

can anyone explain what this is?
 
Posted by SYGY on :
 
http://www.marketwatch.com/tools/quotes/quotes.asp?symb=cvsu&vc=&siteid=mktw&dis t=dropmenu you have to check this out!!!!!!ready to go!!!!
 
Posted by 10of13 on :
 
Crab...what are you wanting to know? This has always been like this...at least it has been since last week when I checked...
 
Posted by CRab on :
 
if it's always been there...i trust ya...the fact that the messege board on that site was created today is what has thrown me off...and the fact that it is (NQB) not (OTC:BB)

still waiting for some damn news anyhow...so until then it really is irrelevant i suppose...

[ July 28, 2006, 17:41: Message edited by: CRab ]
 
Posted by blue_in_MI on :
 
i've seen a lot the last few years in the market, but - this is really one of the stranger things have ever seen, this whole FHAL thing.

just read the ********** report. i didn't check into the veracity, but - dang, pretty damning.

what the heck kind of a response PR was the one today from FHAL?

http://biz.yahoo.com/prnews/060726/clw058.html?.v=59

"telecommunications statute"?

********** drops a nuclear warhead on FHAL, and they talk about telecommunications statutes rather than trying to refute **********'s points?

i really don't know anything about FHAL so i won't comment further. will surely be quite interesting to see how this plays out for rufus, though.
 
Posted by 10of13 on :
 
Yes..Blue...Lookin' forward to the outcome...

This is "most defintely to good to be true"...and so far fetched that I think it will actually happen...
but..Rufas does have an out and I am waiting to see if he uses it...
 
Posted by 66inxs on :
 
check out this link peeps. cvsu.us link. very interesting. what do you think ?

http://www.cvsu.us/
 
Posted by 10of13 on :
 
It's nice...but I wish they would update their "Plan of Operations"...they are still talking about 2005...
 
Posted by 10of13 on :
 
I am not sure who has sold in the paste few days...but in the article from Wednesday's PR is this statement;

If anyone feels that they have been persuaded by the influence of www.our- street.com or www.**********.com not to invest into our company or to sell and would like to join a legal suit to recoup their losses, please send an email with your complete contact information to stopthefraud*cvsu.us .

http://biz.yahoo.com/prnews/060726/clw058.html?.v=59
 
Posted by 66inxs on :
 
this point i was trying to make was that even though FHAL was on CVSU website, the pps was exactly as it closed on the market today without any adjustment or notice of any adjustment. the company's website should be accurate (maybe??)
 
Posted by 10of13 on :
 
quote:
Originally posted by 66inxs:
this point i was trying to make was that even though FHAL was on CVSU website, the pps was exactly as it closed on the market today without any adjustment or notice of any adjustment. the company's website should be accurate (maybe??)

Are you talking about the after hours trades? I don't know how those things link up..between a website and the Quotes...but I didn't find it "odd"
 
Posted by 66inxs on :
 
10, the merger must have gone through cuz FHAL is on the CVSU website. hopefully a good pr will come with the symbol change and this will skyrocket. the symbol change must not have happened yet however. i thought FHAL symbol stopped after trading today but i obviously dow't know.
 
Posted by 10of13 on :
 
66, you saw this link right?

http://www.otcbb.com/asp/dailylist_detail.asp?d=07/28/2006&mkt_ctg=NON-OTCBB

The audited financials for FHAL is the hold up as far as I know...but as long as those "end up the way Rufas" thinks they will go..."It's a done deal"...I am not sure if they can make the filings on the weekend or not...but I am thinking(and hoping) by the end of day Monday those financials are ready, submitted and the S4 is submitted which would be announced Tuesday and I am thinking that there may be no trading of either stock on Wednesday, and Thursday morning...re-open and tradable as CVSU...the clock is ticking and I am looking forward to seeing the way this plays out...
 
Posted by Peaser on :
 
This is why I left, after reading this from 2002:

http://our-street.com/fhal/grenelefe.htm

I hope everything works out for ya all, too risky for me due to past behavior.

Also from Stock lemon June 7th:

Finally, it should be noted that Stock lemon.com has never lost a lawsuit in a court of law. **********.com is going to require that public entities that invoke references to lawsuits against it must detail the facts of those cases - such as the CEO plaintiff who was indicted on 32 federal counts of wire and financial fraud and money laundering, the CEO who has served a federal sentence for financial fraud, and the CEO who was required to pay **********'s legal expenses.

[ July 29, 2006, 07:43: Message edited by: Peaser ]
 
Posted by 66inxs on :
 
10, great link. what you said seems possible to me. it will be interesting to see how this plays out next week. if i find anything else out i will post it. GLTY !!!!!!
 
Posted by 6digits on :
 
it's nice to know there still a few OTHER people here that actually do their DUE dilligence instead of spreading rumors...


there's a statement made by Mr Harris in his interview that the Venezualan bond was converted to cash for 500 million$... if that is the case? i see a possible scenario where shorts are gonna be like ants under a magnifying glass in July...

did i mention i don't like shortsellers?

of course? this is rumour, but i have bought my ticket to the show and PATIENTLY await the outcome....
i have never seen so many rumors and outright lies on one stock before...
the filings are what they are...

there is no way to know if the filings are lies, but if the filings are lies? then there is NOTHING you can count on the market anymore anyway....
 
Posted by 6digits on :
 
I listened to Rufus claim that he has converted the Venezualan bond into the cash on paltalk thursday morning. Cool! Huh!
 
Posted by 6digits on :
 
Here is a link to the Paltalk conversations that went on.

http://www.traders-corner.com/
 
Posted by Dustoff 1 on :
 
From eye hub...Watcha think?


Posted by: otcmoon
In reply to: mastaflash who wrote msg# 21694 Date:7/29/2006 6:52:49 PM
Post #of 21795

Shareholders of CVSU obviously bought shares right? Rufus said $34 is what the shareholders wanted to be valued at (pre-merger). Lets say they paid half that for them $17*48mil=816mil Thats where the money comes from. Pretty simple really.

No. Read the Information and Disclosure Statement dated 11/03/05 and the 8K.
https://www.otc stock info.com/repository/658329/658329_FR8.pdf
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001297077-06-0 00046&Type=HTML

At 9/30/05, they had assets and equity of less than $500K.
Six months later, assets and equity and risen to over $800MM. Please note that the 8k financials refer to footnotes yet they are mysteriously missing; these statements are incomplete and do not constitute audited financials.

Without more information, it is impossible to know what occured. However, we can gather from the statements that CVSU somehow purchased $800MM worth of notes and bonds. The source of these funds was "Accumulated Comprehensive Other Income."

Here's a link which defines this line item:
http://www.acsondhi.com/issues/comprehensiveincome.html
Comprehensive income is defined as:
the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.1

Thus, comprehensive income includes both net income and direct-to-equity adjustments such as:
1. Cumulative translation adjustments under SFAS 52 (AUFS, Chapter 15)
2. Minimum pension liability under SFAS 87 (AUFS, Chapter 12)
3. Unrealized gains and losses on available-for-sale securities under SFAS 115 (AUFS, Chapter 13)


So it would appear that the financial statements are trying to say that as of 3/31 CVSU had $800MM of unrealized capital gains. Remember, this was achieved over a six month period starting with less than a million dollars worth of assets. That puts even Hillary Clinton's cattle futures trading to shame. Miraculous and mysterious, isn't it. What IS clear is that there was NO CAPITAL CONTRIBUTION of hundreds of millions of dollars as you suggest.
 
Posted by glassman on :
 
some fatcat ponied up...

CVSU WAS a pink sheet...

they didnt have to file anything...

i ben readin' ihub all week...

the bashers are working overtime over there...

but? we still have to wait and actaully see if Harris can do it...

the Colonel? Kentucky Fried Colonel? he had, like, three major failures before he finally hit it big...

this IS America.... it is still possible...

lotsa shade here, but still possible...
 
Posted by glassman on :
 
this is pure speculation:

Harris said they bought up the WHOLE float awhile back...

IF they did that? and i do mean IF...

then there's a whole lotta short shares out on the street... like 10 million???

now? if they file the reorganisation papers and start trading at 15$ the shorts have no choice but to try to short more or buy back (cover).... buying back at 15$ is 150 million $

that would be pretty friggin nightmarish wouldn't it?

IMO??? that is why there is so much bashing going on...

i remember similar less volatile situations where the rumor mills were very active....

i also have seen scams run rumor mills that were very active like CMKX etc...

BUT? i have never seen anything like this....

ihub opend the thread on 5-28-06, by 6-28-06 they had 100 posts...

as of right now? 7-29-06 they have 21896 posts...

thats just feather pluckin insane...
and so are most of the posts, pumpers and bashers... [Wink]

this isn't really very complicated...it's a shell reverse merger... FHAL was BKRPT... the new comapny has assets that are supposedly audited... the audit is not filed...

if the comapny REALLY has the cash to buy shares on the market when it re-opens? shorty is going to be crying.....

i can't wait to see what happens...

the company is not an investment IMO.... but it sure is exciting to see this play out.. i have what i can afford to lose in it and no more ...
 
Posted by glassman on :
 
dustoff empty PM box? you have mail...
 
Posted by Dustoff 1 on :
 
should be room now
 
Posted by glassman on :
 
here [Big Grin] you'll like it, we are both in BIG trouble [Wink]

i haven't done the DD yet...
 
Posted by T e x on :
 
may have a meeting of the minds [Smile]
 
Posted by wallymac on :
 
I believe that Rufus stated that they thought they had bought the whole float based on what the trust bought and other people they knew. According to the TA on Friday the float was 24M approx half of what was reported on FHAL's last filing. IF this is true than they were successful in buying up half the float.

Are there shorts? No way to know. Logic would say yes but this is pennystockland throw logic out the window.

GLTA
Wally
 
Posted by T e x on :
 
'throw logic out the window."

Wally? definitely see your point...

must disagree: keep on keepin' on wit da logic...
 
Posted by wallymac on :
 
Tex,

I think logic is great try to use it all the time but when it comes to shorts and MM's,IMO, LOGIC doesn't seem to apply. But I do hear ya.

GLTA
Wally
 
Posted by Dustoff 1 on :
 
watch out for " posters hoaxing " Aprils fools tomorrow...

Watch out for outlandish Pumps or dumps..
Eye Hub is outa control by both camps.LMAO
 
Posted by 10of13 on :
 
Aint that the truth Dust!...I wish this thing was over Regardless of the outcome!
 
Posted by Dustoff 1 on :
 
quote:
--------------------------------------------------------------------------------
Originally posted by IMAKEMONEY:
April Fools could really bring out the pranksters ITS AUGUST?
--------------------------------------------------------------------------------

-------------------------------------------------
Thats just the point!!! People are already talking Aprils fools and people are falling for it! LMAO
Some of the reactions earlier on other boards just show's many people need a good nights sleep..LOL
People are actually re-acting to Aprils fools! It is absolutly hilarious..
 
Posted by Doniboy on :
 
Hey I heard this might go to $15, whats that all about?

LOL [Wink]
 
Posted by 10of13 on :
 
quote:
Originally posted by Doniboy:
Hey I heard this might go to $15, whats that all about?

LOL [Wink]

Doni..you are a "butt"... [Razz]
Are you back in?
 
Posted by Doniboy on :
 
Not yet. But I do have a keen eye watching it, and all my funds are clear just in case I feel the Rufus fever. Whatever happens, it sure will be interesting.
 
Posted by SYGY on :
 
DONI better get it if you still can!
 
Posted by 10of13 on :
 
quote:
Originally posted by Doniboy:
Not yet. But I do have a keen eye watching it, and all my funds are clear just in case I feel the Rufus fever. Whatever happens, it sure will be interesting.

Yep...the only reason I'm stayin...I won't follow as closely if I'm not in...plus the fact that it could be worth quite a bit of $...time will tell!
 
Posted by glassman on :
 
10, a whole troop of little blue baboons just marched thru my living room....

this 's fun isn't it?
 
Posted by 10of13 on :
 
Glass...?! They were knockin' at more door but I didn't open it! Hope they didn't cause to much damadge...
 
Posted by glassman on :
 
nah, my watchcat is fully fed now...
 -
 
Posted by 10of13 on :
 
So you are "use" to blue baboons...that's good..I prefer the pink elephants...they have a gentle nature...
 
Posted by glassman on :
 
seen a lot of 'em, din't make any money on any of 'em by being lazy tho...

this new PR seems wierd... i can't trace it... don't trust it...

i'll trust the filings... and await them....
 
Posted by Dustoff 1 on :
 
McNamara missed the mark on Ho Chi Mihn, these were definatly not " Lazy men "....Yes, we can be single minded, and binded, even with great personal knowledge..

McNamara failed because he did not understand the extent that Ho Chi Mihn and his people would would go to achieve thier goal..

Rufus is not a McNamara, but he definatly has a goal...What that goal is, is the question.

In 1964 Johnson said to McNamara " Just kill a few um " the end was cast from that moment forward..All stocks have a spark point, and then a life of their own.
 
Posted by glassman on :
 
yep... Rufus has put his self right on the line..

so have some pink sheet azzwipes like urban casavant...

there are some big differences tho...
one? this ain't a pink...'

two?... this ain't a Nevada comapny..or a Florida comapny..its' a Delaware co...


lastly?
i know some people have made fun of him for having a southern accent, but here in the south? they don't think like the gamblers in NV or the high rolling economy in CA...

you mess with these boys money and they get out the tar and feathers...


none of this changes the fact that this is a high risk play...
 
Posted by Peaser on :
 
Don't forget Wisconsin too.

Reminds me of Bugs. lol

Boy, did some of us get carried away on that one.

At least there are some nice daytrades in this one if ya can time it right.

Best of luck.
 
Posted by Dustoff 1 on :
 
An Army General once stated, it's not just the intelligence gathered, what matters is the interpretation...
 
Posted by CRab on :
 
only problem here is no one can agree on an interpretation, lol...
 
Posted by Peaser on :
 
The main interpretation I saw was loopholes gallore.
 
Posted by Dustoff 1 on :
 
WC Fields on his death bed.....

"Friend asks what are you doing reading the Bible didn't know you were religious "WC"

WC replies, looking for loop holes, looking for loop holes..
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by CRab:
only problem here is no one can agree on an interpretation, lol...

-------------------------------------------------
Just a little sumpin to stir the pot...

Ever notice how they use Botox injected women to sell health foods? LOL
 
Posted by Peaser on :
 
Coming down it appears.
 
Posted by CRab on :
 
and it's back up again...

although i was really expecting to be at about a 50% loss with no news...i'm not really sure what to make of this...

i think people have settled in to hurry up and wait...
 
Posted by Peaser on :
 
Anyone seen about 10,000 posts laying around anywhere?

Abusive moderator skills at bay, or another "server giltch" focused on one poster to a message board?
 
Posted by Peaser on :
 
Maybe Bob will need to tan some hyde.
 
Posted by GreenDay on :
 
Peaser - are you still out of fhal or thinking of gettin' back in?
 
Posted by Peaser on :
 
Out. Might re-enter if it hits .50 - .60 range.

This has been a nice flipper so far.
 
Posted by 10of13 on :
 
quote:
Originally posted by Peaser:
Anyone seen about 10,000 posts laying around anywhere?

Abusive moderator skills at bay, or another "server giltch" focused on one poster to a message board?

which thread this time?
 
Posted by glassman on :
 
i seriously doubt a simple moderator can adjust anything like that.... that kind of thing would be done by someone with access to the code... [Roll Eyes] got paranoia yet?
 
Posted by Free Muney on :
 
this is the last day of trading under FHAL correct?
 
Posted by 10of13 on :
 
quote:
Originally posted by Free Muney:
this is the last day of trading under FHAL correct?

Only if the audited financials are done, filed and good to go...
 
Posted by Peaser on :
 
Dusty's total posts just shrunk by about 10,000 posts. Missin' a 0 in there.
 
Posted by Peaser on :
 
Might see that sell-off I've been looking for.

We'll see.

I prolly won't buy back even if it does drop into the range that I previously stated.

The other issue I had was how is this company supposed to reorganize itself as a not for profit comapany as mentioned in the filings?

Haven't figured that one out yet.
 
Posted by Peaser on :
 
This could recover to 1.00 like every other day when it's been taken down.

It needs to anyhow IMO.
 
Posted by 10of13 on :
 
Peaser questioned;

The other issue I had was how is this company supposed to reorganize itself as a not for profit comapany as mentioned in the filings?


I never knew or read that they were trying to do this...what are you referring to?
 
Posted by T e x on :
 
Pease, perhaps you're confusing "not-for-profit" with the "nontaxable" angle that supposedly allows the price "resetting."
 
Posted by glassman on :
 
wheww, thanx tayex...i war worried thar fer a meyinute....
 
Posted by Peaser on :
 
I am searching and the taxes done mussed me up.

I have not re-bought this.

I did find this though which confirms the possible move to the Nasdaq:

6.2 COVENANTS OF THE BUYER.

(a) Reservation of Shares of the Buyer's Stock . The Buyer shall reserve for issuance a sufficient number of shares of the Buyer's Stock to cover the issuances of such stock required hereby and shall file such forms as may be required to notify Over the Counter NASDAQ Bulletin Board of Buyer's intent to list on the NASDAQ National Market System the additional shares of Surviving Holdings Company stock to be issued as part of the Merger Consideration. ALIGN="CENTER">

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001297077%252D06%252D000046%252Etxt%26filepath%3D%255C2006%255C07%255C12%255 C&symbol=FHAL
 
Posted by Peaser on :
 
How are they exempt from paying taxes on the merger? I don't get it.

I think that's where I screwed up.

Anyhow, due to coming out of bankruptcy? FED leniancy laws for re-organizing offering the tax breaks?

Speed-reading these freakin' filings don't pan out all too well sometimes.
 
Posted by glassman on :
 
neither does reading ihub's message board...

i have never seen so many educated liars at on place at one time outside of the District of Columbia.. [Big Grin]
 
Posted by Peaser on :
 
(b) The undersigned is aware that FHAL and the CVSU intend to treat the Merger as a tax-free reorganization under Section 368 of the Internal Revenue Code, as amended (the "Code" ), for federal income tax purposes. The undersigned agrees to treat the transaction in the same manner as FHAL and the Company for federal income tax purposes. The undersigned acknowledges that Section 1.368-1(b) of the U.S. federal income tax regulations requires "continuity of interest" in order for the Merger to be treated as a tax-free reorganization under Section 368 of the Code. Continuity of interest may not be preserved if stock of an acquired company is disposed of before an acquisition to the acquired or acquiring company or to persons related to either the acquired or acquiring companies for consideration other than stock of the acquiring company, if a shareholder of the acquired company received certain distributions from the acquired company with respect to his stock in connection with the acquisition, or if stock of the acquiring company issued in the Merger is disposed of in connection with the Merger to the acquiring company or to persons related to the acquiring company. Accordingly, the undersigned declares that in connection with the Merger (i) the undersigned has not and will not dispose of any of the stock of either the CVSU or FHAL to either the CVSU or FHAL (other than in exchange for the Merger Consideration), to a person related to the Company (within the meaning of Section 1.368-1(e)(1)(i)(sixth sentence) of the U.S. federal income tax regulations) or to a person related to FHAL (within the meaning of Section 1.368-1(e)(3) of such regulations), (ii) the undersigned has not and will not receive any dividend or other distribution with respect to the stock of the CVSU attributable directly or indirectly to funds provided by FHAL, and (iii) the undersigned will not dispose of any FHAL stock received in the Merger to FHAL or to a person related to FHAL within the meaning of Section 1.368-1(e)(3) of the U.S. federal income tax regulations. ALIGN="CENTER">
 
Posted by Peaser on :
 
Section 368. Definitions Relating to Corporate Reorganizations

--------------------------------------------------------------------------------

(a) Reorganization
(1) In general

For purposes of parts I and II and this part, the term "reorganization" means--

(A) a statutory merger or consolidation;

(B) the acquisition by one corporation, in exchange solely for all or a part of its voting stock (or in exchange solely for all or a part of the voting stock of a corporation which is in control of the acquiring corporation), of stock of another corporation if, immediately after the acquisition, the acquiring corporation has control of such other corporation (whether or not such acquiring corporation had control immediately before the acquisition);

(C) the acquisition by one corporation, in exchange solely for all or a part of its voting stock (or in exchange solely for all or a part of the voting stock of a corporation which is in control of the acquiring corporation), of substantially all of the properties of another corporation, but in determining whether the exchange is solely for stock the assumption by the acquiring corporation of a liability of the other, or the fact that property acquired is subject to a liability, shall be disregarded;

(D) a transfer by a corporation of all or a part of its assets to another corporation if immediately after the transfer the transferor, or one or more of its shareholders (including persons who were shareholders immediately before the transfer), or any combination thereof, is in control of the corporation to which the assets are transferred; but only if, in pursuance of the plan, stock or securities of the corporation to which the assets are transferred are distributed in a transaction which qualifies under section 354, 355, or 356;

(E) a recapitalization;

(F) a mere change in identity, form, or place of organization of one corporation, however effected; or

(G) a transfer by a corporation of all or part of its assets to another corporation in a title 11 or similar case; but only if, in pursuance of the plan, stock or securities of the corporation to which the assets are transferred are distributed in a transaction which qualifies under section 354, 355, or 356.

(2) Special rules relating to paragraph (1)

(A) Reorganizations described in both paragraph (1)(C) and paragraph (1)(D)

If a transaction is described in both paragraph (1)(C) and paragraph (1)(D), then, for purposes of this subchapter (other than for purposes of subparagraph (C)), such transaction shall be treated as described only in paragraph (1)(D).

(B) Additional consideration in certain paragraph (1)(C) cases

If--

(i) one corporation acquires substantially all of the properties of another corporation,

(ii) the acquisition would qualify under paragraph (1)(C) but for the fact that the acquiring corporation exchanges money or other property in addition to voting stock, and

(iii) the acquiring corporation acquires, solely for voting stock described in paragraph (1)(C), property of the other corporation having a fair market value which is at least 80 percent of the fair market value of all of the property of the other corporation,

then such acquisition shall (subject to subparagraph (A) of this paragraph) be treated as qualifying under paragraph (1)(C). Solely for the purpose of determining whether clause (iii) of the preceding sentence applies, the amount of any liability assumed by the acquiring corporation, and the amount of any liability to which any property acquired by the acquiring corporation is subject, shall be treated as money paid for the property.

(C) Transfers of assets or stock to subsidiaries in certain paragraph (1)(A), (1)(B), (1)(C), and (1)(G) cases

A transaction otherwise qualifying under paragraph (1)(A), (1)(B), or (1)(C) shall not be disqualified by reason of the fact that part or all of the assets or stock which were acquired in the transaction are transferred to a corporation controlled by the corporation acquiring such assets or stock. A similar rule shall apply to a transaction otherwise qualifying under paragraph (1)(G) where the requirements of subparagraphs (A) and (B) of section 354(b)(1) are met with respect to the acquisition of the assets.

(D) Use of stock of controlling corporation in paragraph (1)(A) and (1)(G) cases

The acquisition by one corporation, in exchange for stock of a corporation (referred to in this subparagraph as "controlling corporation") which is in control of the acquiring corporation, of substantially all of the properties of another corporation shall not disqualify a transaction under paragraph (1)(A) or (1)(G) if--

(i) no stock of the acquiring corporation is used in the transaction, and

(ii) in the case of a transaction under paragraph (1)(A), such transaction would have qualified under paragraph (1)(A) had the merger been into the controlling corporation.

(E) Statutory merger using voting stock of corporation controlling merged corporation

A transaction otherwise qualifying under paragraph (1)(A) shall not be disqualified by reason of the fact that stock of a corporation (referred to in this subparagraph as the "controlling corporation") which before the merger was in control of the merged corporation is used in the transaction, if--

(i) after the transaction, the corporation surviving the merger holds substantially all of its properties and of the properties of the merged corporation (other than stock of the controlling corporation distributed in the transaction); and

(ii) in the transaction, former shareholders of the surviving corporation exchanged, for an amount of voting stock of the controlling corporation, an amount of stock in the surviving corporation which constitutes control of such corporation.

(F) Certain transactions involving 2 or more investment companies

(i) If immediately before a transaction described in paragraph (1) (other than subparagraph (E) thereof), 2 or more parties to the transaction were investment companies, then the transaction shall not be considered to be a reorganization with respect to any such investment company (and its shareholders and security holders) unless it was a regulated investment company, a real estate investment trust, or a corporation which meets the requirements of clause (ii).

(ii) A corporation meets the requirements of this clause if not more than 25 percent of the value of its total assets is invested in the stock and securities of any one issuer, and not more than 50 percent of the value of its total assets is invested in the stock and securities of 5 or fewer issuers. For purposes of this clause, all members of a controlled group of corporations (within the meaning of section 1563(a)) shall be treated as one issuer. For purposes of this clause, a person holding stock in a regulated investment company, a real estate investment trust, or an investment company which meets the requirements of this clause shall, except as provided in regulations, be treated as holding its proportionate share of the assets held by such company or trust.

(iii) For purposes of this subparagraph the term "investment company" means a regulated investment company, a real estate investment trust, or a corporation 50 percent or more of the value of whose total assets are stock and securities and 80 percent or more of the value of whose total assets are assets held for investment. In making the 50-percent and 80-percent determinations under the preceding sentence, stock and securities in any subsidiary corporation shall be disregarded and the parent corporation shall be deemed to own its ratable share of the subsidiary's assets, and a corporation shall be considered a subsidiary if the parent owns 50 percent or more of the combined voting power of all classes of stock entitled to vote, or 50 percent or more of the total value of shares of all classes of stock outstanding.

(iv) For purposes of this subparagraph, in determining total assets there shall be excluded cash and cash items (including receivables). Government securities, and, under regulations prescribed by the Secretary, assets acquired (through incurring indebtedness or otherwise) for purposes of meeting the requirements of clause (ii) or ceasing to be an investment company.

(v) This subparagraph shall not apply if the stock of each investment company is owned substantially by the same persons in the same proportions.

(vi) If an investment company which does not meet the requirements of clause (ii) acquires assets of another corporation, clause (i) shall be applied to such investment company and its shareholders and security holders as though its assets had been acquired by such other corporation. If such investment company acquires stock of another corporation in a reorganization described in section 368(a)(1)(B), clause (i) shall be applied to the shareholders of such investment company as though they had exchanged with such other corporation all of their stock in such company for stock having a fair market value equal to the fair market value of their stock of such investment company immediately after the exchange. For purposes of section 1001, the deemed acquisition or exchange referred to in the two preceding sentences shall be treated as a sale or exchange of property by the corporation and by the shareholders and security holders to which clause (i) is applied.

(vii) For purposes of clauses (ii) and (iii), the term "securities" includes obligations of State and local governments, commodity futures contracts, shares of regulated investment companies and real estate investment trusts, and other investments constituting a security within the meaning of the Investment Company Act of 1940 (15 U.S.C. 80a-2(36)).

(G) Distribution requirement for paragraph (1)(C)

(i) In general

A transaction shall fail to meet the requirements of paragraph (1)(C) unless the acquired corporation distributes the stock, securities, and other properties it receives, as well as its other properties, in pursuance of the plan of reorganization. For purposes of the preceding sentence, if the acquired corporation is liquidated pursuant to the plan of reorganization, any distribution to its creditors in connection with such liquidation shall be treated as pursuant to the plan of reorganization.

(ii) Exception

The Secretary may waive the application of clause (i) to any transaction subject to any conditions the Secretary may prescribe.

(H) Special rules for determining whether certain transactions are qualified under paragraph (1)(D)

For purposes of determining whether a transaction qualifies under paragraph (1)(D)--

(i) in the case of a transaction with respect to which the requirements of subparagraphs (A) and (B) of section 354(b)(1) are met, the term "control" has the meaning given such term by section 304(c), and

(ii) in the case of a transaction with respect to which the requirements of section 355 (or so much of section 356 as relates to section 355) are met, the fact that the shareholders of the distributing corporation dispose of part or all of the distributed stock, or the fact that the corporation whose stock was distributed issues additional stock, shall not be taken into account.

(3) Additional rules relating to title 11 and similar cases

(A) Title 11 or similar case defined

For purposes of this part, the term "title 11 or similar case" means--

(i) a case under title 11 of the United States Code, or

(ii) a receivership, foreclosure, or similar proceeding in a Federal or State court.

(B) Transfer of assets in a title 11 or similar case

In applying paragraph (1)(G), a transfer of the assets of a corporation shall be treated as made in a title 11 or similar case if and only if--

(i) any party to the reorganization is under the jurisdiction of the court in such case, and

(ii) the transfer is pursuant to a plan of reorganization approved by the court.

(C) Reorganizations qualifying under paragraph (1)(G) and another provision

If a transaction would (but for this subparagraph) qualify both--

(i) under subparagraph (G) of paragraph (1), and

(ii) under any other subparagraph of paragraph (1) or under section 332 or 351,

then, for purposes of this subchapter (other than section 357(c)(1)), such transaction shall be treated as qualifying only under subparagraph (G) of paragraph (1).

(D) Agency receivership proceedings which involve financial institutions

For purposes of subparagraphs (A) and (B), in the case of a receivership, foreclosure, or similar proceeding before a Federal or State agency involving a financial institution referred to in section 581 or 591, the agency shall be treated as a court.

(E) Application of paragraph (2)(E)(ii)

In the case of a title 11 or similar case, the requirement of clause (ii) of paragraph (2)(E) shall be treated as met if--

(i) no former shareholder of the surviving corporation received any consideration for his stock, and

(ii) the former creditors of the surviving corporation exchanged, for an amount of voting stock of the controlling corporation, debt of the surviving corporation which had a fair market value equal to 80 percent or more of the total fair market value of the debt of the surviving corporation.

(b) Party to a reorganization
For purposes of this part, the term "a party to a reorganization" includes--

(1) a corporation resulting from a reorganization, and

(2) both corporations, in the case of a reorganization resulting from the acquisition by one corporation of stock or properties of another.

In the case of a reorganization qualifying under paragraph (1)(B) or (1)(C) of subsection (a), if the stock exchanged for the stock or properties is stock of a corporation which is in control of the acquiring corporation, the term "a party to a reorganization" includes the corporation so controlling the acquiring corporation. In the case of a reorganization qualifying under paragraph (1)(A), (1)(B), (1)(C), or (1)(G) of subsection (a) by reason of paragraph (2)(C) of subsection (a), the term "a party to a reorganization" includes the corporation controlling the corporation to which the acquired assets or stock are transferred. In the case of a reorganization qualifying under paragraph (1)(A) or (1)(G) of subsection (a) by reason of paragraph (2)(D) of that subsection, the term "a party to a reorganization" includes the controlling corporation referred to in such paragraph (2)(D). In the case of a reorganization qualifying under subsection (a)(1)(A) by reason of subsection (a)(2)(E), the term "party to a reorganization" includes the controlling corporation referred to in subsection (a)(2)(E).

(c) Control defined
For purposes of part I (other than section 304), part II, this part, and part V, the term "control" means the ownership of stock possessing at least 80 percent of the total combined voting power of all classes of stock entitled to vote and at least 80 percent of the total number of shares of all other classes of stock of the corporation.

http://www.intltaxlaw.com/outbound/corptrans/irc2.htm#Section%20368
 
Posted by Peaser on :
 
Haven't moseyed on over there much lately in the past two weeks glass.

What have they been saying?

I gave up reading the crap over there after the mods there where deleting any questions about the stock.

Come to think of it...
 
Posted by Peaser on :
 
I don't doubt that there may be shorts squirming under $.50 on this.

That's what intrigues me so much about it.

Considering when I started spouting off about them, that's about the time I recieved so many hack attempts.
 
Posted by glassman on :
 
the shorts intrigue me too...

i don't really see this as all that complicated...

the price should have risen fairly quickly to 7-8$ by now at least....

there is no reason to disbelieve the filings...
on the other hand?

there were a lot of longs that were saying
"we are garanteed 15$, according to the filings"
that was never true either.....

just a lot of confusion...
 
Posted by 10of13 on :
 
OK..so we got that one "cleared up" (I think)

I think that the "bashers" and that lemon place took care of the short covering...brought this down to a "payable" price...

Glass??!! "we are garanteed 15$, according to the filings"


I don't get $15???? LOL!
 
Posted by glassman on :
 
you're joking right?


they can re-set the PPS at 15$ upon re-organisation... how long it stays there? i dunno....
 
Posted by T e x on :
 
if they choose option (b) or (c), lol...
 
Posted by 10of13 on :
 
[Big Grin]
 
Posted by glassman on :
 
hey! they have contracts.... i seen the rumors..
the rumors are verified and definitely signed and in the mail....
 
Posted by 10of13 on :
 
email or snail mail? if it is email...it has to be true!
 
Posted by glassman on :
 
ihub is gonna hit 25,000 posts tonight..unreal...
post # 138 was the first post in July....
 
Posted by 10of13 on :
 
glass...why do you read that stuff over at Ihub? I have a hard time following any type of thought over there...it's very wierd...and yet allot of peeps swear by it...I feel dirty...(like I need to shower) after visiting there.... ~shrug~ just not for me I guess...
 
Posted by glassman on :
 
i rarely go over there....

this one is just fascinating...

i'm just watching all the lying going on...

if they delete the bashers? then they are accused of being paid pumpers.... they have to let it fly...
i don't post there... i'm not even registered...

the shorts may have been able to cover a lot...

but i have never seen anything so desparate in my life....
 
Posted by Dustoff 1 on :
 
glassman says,,," but i have never seen anything so desparate in my life "....

Hmmm, how about the desparate people after Katrina?

I know you just slipped a little there, dude.
 
Posted by 10of13 on :
 
I have to admit..with this one I've gone and read some over there...just kinda makes me realize that allstocks is the place to be...

Hey there is a poster on the other thread (under .10)...skepter I think is his name...take a look..something about a new cuspid number? what does all that mean?
 
Posted by glassman on :
 
cusip number is the ID number of the stock....

the brokers use them to trade instead of symbols...

i don't know if sceptor is reliable or not tho....

dustoff... i know you didn't think i was talking about anything other than stock, so what's the point now?
 
Posted by T e x on :
 
"I feel dirty...(like I need to shower)"

10 of Cleanliness!

lol, I am *so* with you...

In fact... scooch over & turn around--I'll scrub your back

Given the water situation, we're patriotic, right?
 
Posted by glassman on :
 
10,i posted this in micro's too

Data Services - Reference Data


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http://www2.standardandpoors.com/servlet/Satellite?pagename=sp/sp_product/Produc tBodyTemplate&cid=1077293817580&l=EN&s=&b=11&f=1&r=1&ig=
 
Posted by Dustoff 1 on :
 
dustoff... i know you didn't think i was talking about anything other than stock, so what's the point now?
------------------------------------------------
Wasn't sure for a minute, you did not qualify your remark..

The point? as readers we have every right to question posters and comment on their posts..

Just like you do.

If that is not the case? well SA LA VEE ALLstocks.
 
Posted by glassman on :
 
well? you have a question? or just a nasty comment?...

cuz? i actually read the filings...

i seen people say the filings are wrong... but they can't be wrong, can they? usually the people saying the filings are wrong haven't read them...
 
Posted by T e x on :
 
Fellas?

I got an idea--take it outside....

Glass? filings can't be wrong in the sense that, yes, that's what was filed. But you and I know that can easily be misleading.

Dust? Katrina? come on...
 
Posted by 10of13 on :
 
quote:
Originally posted by T e x:
"I feel dirty...(like I need to shower)"

10 of Cleanliness!

lol, I am *so* with you...

In fact... scooch over & turn around--I'll scrub your back

Given the water situation, we're patriotic, right?

We have plenty of water up here...near record levels...so sure jump on in...we can take a looooonnnngg shower [Wink]

(wait you missed a spot...)
 
Posted by wallymac on :
 
I post and read I Hub. The FHAL thread was overrun with Bashers. Out and out lies. Our-street was posting there and it reall seemed like a concerted effort to bring the stock down. Very little usable from the dissenters there. I skim through the FHAL homepage to see if any titles look worth reading. All the DD is so far hidden by the numerous personal bashes it's tough to get any info. It's a bit funny because some of the other boards I frequent are very good.

The SLJB thread was getting that way and so was the CHDT thread. Hundreds to thousands of posts a day. Oh well I like it here too. We can disagree but for the most part we keep it civil.

On FHAL, I'm in the boat as everyone else, wait and see mode. Hopefully tommorrow will bring us a little closer to closure on that subject, but I doubt that too. I do think there were a lot of shorts in this stock and that they were desperate to cover. It really didn't matter if everything was true or not because without the bashing it probably would have hit $5-7 on speculation alone. Could you imagine the nightmare that would have been for them.

GLTA
Wally
 
Posted by Dustoff 1 on :
 
glassman states: well? you have a question? or just a nasty comment?...

You also state: "never seen such desparate people".

Ahemmm, remember CMKX eye hub is like a kiddy garten in comparisan..LOL [Big Grin]
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
quote:
Originally posted by T e x:
"I feel dirty...(like I need to shower)"

10 of Cleanliness!

lol, I am *so* with you...

In fact... scooch over & turn around--I'll scrub your back

Given the water situation, we're patriotic, right?

We have plenty of water up here...near record levels...so sure jump on in...we can take a looooonnnngg shower [Wink]

(wait you missed a spot...)

sorry, dear...

you know I enjoy my rep for being thorough...
 
Posted by 10of13 on :
 
This post is interesting...from under .10 and thanks glass...

mnvestor
Member


posted July 31, 2006 10:18 PM
--------------------------------------------------------------------------------
I posted this on Ihub, it is an email returned to me from OTCBB, i sent last friday and they returned it this morning, after seeing Phil's post I think it makes much more sense.

otcbbfeedback [otcbbfeedback*nasdaq.com]
CVSU was acquired by FHAL for 1 sh FHAL. Please see link:

http://www.otcbb.com/asp/dailylist_detail.asp?d=07/28/2006&mkt_ctg=NON-OTCBB

FrontHaul Group Inc (FHAL) will change their name, symbol and CUSIP number in the near future. We understand that they will go by the name of Conversion Solutions. The CVSU symbol, however, cannot be reused for this name change.

The NASDAQ Stock Market
Corporate Data Operations
80 Merritt Boulevard
Trumbull, CT 06611
Phone: 203-375-9609
Fax: 203-502-5480


--------------------------------------------------------------------------------
From: xxxxx
Sent: Friday, July 28, 2006 2:06 PM
To: otcbbfeedback
Subject:


I have a stock that I need some clarification about if you could please help.

CVSU.pk is reverse merging into FHAL.ob, upon completion of the merger they are going to trade under cvsu.ob, what is the process that must take place in order to do that.

I have seen on the website that cvsu.pk was deleted, can they now relist under cvsu.ob to begin trading?
Thank you for any clarification
 
Posted by glassman on :
 
once again? this is a simple reverse merger....

not complicated unless people want it to be...
which everybody does seem to want...


i didn't buy any CMK? ever...
 
Posted by wallymac on :
 
You beat me to it 10. It is very interesting.

However with what has been going on with this stock, I feel like I'm in the X-Files, TRUST NO ONE. LOL

Wally
 
Posted by 10of13 on :
 
AGREED Wally...LOL..."trust no one"...I think that I am now saying this to my children...I need a break from this stuff...LOL!

Dust...have you been having some "bad days" lately? Not trying to be sarcastic...you just seem very "angry" or somethin'...hope all is "alright"...
 
Posted by glassman on :
 
wally...

DCschmoeka? he was posting about the 50 million diltution in the convertible debentures earlier today? well they were cancelled... in March....


that guy is bad news...
 
Posted by T e x on :
 
"once again? this is a simple reverse merger...."

lol... no it's *not*

Glass? the *368* aspect alone elevates it to a new plateau...
 
Posted by cassity on :
 
mnvestor is a reliable source of information. That is what I wanted to hear. Something that was not from Rufus's or Ben's mouths. There has been a lot of speculation, and I'm just waiting like the rest of you to see how this pans out. GLTA
 
Posted by Dustoff 1 on :
 
quote:
Originally posted by 10of13:
AGREED Wally...LOL..."trust no one"...I think that I am now saying this to my children...I need a break from this stuff...LOL!

Dust...have you been having some "bad days" lately? Not trying to be sarcastic...you just seem very "angry" or somethin'...hope all is "alright"...

-------------------------------------------------
Actually I have been enjoying some very good fortune trading..On a roll again..

Angry? nope, just my pleasant easy going self..
I do not think you have ever seen me angry..LOL [Big Grin]
 
Posted by glassman on :
 
Tex, there are precedents which i was not aware of until i did the DD...
everybody has a different reason to say this won't work.....
and i do mean everybody and different...

but shorty is the loudest i have ever seen....
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
Tex, there are precedents which i was not aware of until i did the DD...
everybody has a different reason to say this won't work.....
and i do mean everybody and different...

but shorty is the loudest i have ever seen....

precedents?

yee haw....

am asssuming you will share... or point to links where you already have...

my minor "objection" is saying this is *just another r/m"

make sense?
 
Posted by glassman on :
 
sheesh... i thought you saw 'em too...

lessee? the night we were dding the tax rules? i posted the official Nasdaq definition of closing price? remember? there is none?
 
Posted by 10of13 on :
 
Dust says:
Angry? nope, just my pleasant easy going self..
I do not think you have ever seen me angry..LOL

Hmmm...I'm not sure how I would DD that statement...but I will give you the benefit of the doubt...and consider you a "reliable" and credible source...LOL! [Big Grin]
 
Posted by Dustoff 1 on :
 
10, we are adults, or should be....

All I am saying is bottom line with me on this stock is what happened with the Nasdaq stock CAFE...

Watched the CEO hang himself...Check the news and following results from 9/27/05..6:00:32 pm

All I am saying is I do not just take anything for granted..
Do not blindly believe filings..
CEO'S go to prison all the time..

Common sense demands a skeptical point of view in pennyland...

Now if that is called " Bashing " well, people are drinking to much Kool-Aide. [Big Grin]
 
Posted by 10of13 on :
 
Dust states:

All I am saying is I do not just take anything for granted..
Do not blindly believe filings..
CEO'S go to prison all the time..

Common sense demands a skeptical point of view in pennyland...

Now if that is called " Bashing " well, people are drinking to much Kool-Aide.

10 Replies: There is a wise man!
 
Posted by glassman on :
 
that's cheerful and pleasant and easygoing?

like i said? nobody has anything "level" on this stock....
 
Posted by Relentless. on :
 
quote:
Originally posted by glassman:
that's cheerful and pleasant and easygoing?

like i said? nobody has anything "level" on this stock....

Ummm.. chaart looks like the begining of a new downtrend..
 
Posted by glassman on :
 
people are getting restless DR...
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
sheesh... i thought you saw 'em too...

lessee? the night we were dding the tax rules? i posted the official Nasdaq definition of closing price? remember? there is none?

ya...remember the post...

sorry...it doesn't "connect the dots" for me

here's my "deal"

this is quite complicated....at times? you agree

other times? you say "Naw, is just a reverse merger."

In my short time here? we have agreed and disagreed on numerous occasions.

On this one? I seriously can not discern your message...
 
Posted by wallymac on :
 
quote:
Originally posted by glassman:
wally...

DCschmoeka? he was posting about the 50 million diltution in the convertible debentures earlier today? well they were cancelled... in March....


that guy is bad news...

Yeah he is. I was just having some fun with him. Lot's of mis info and I call him on it all the time
 
Posted by wallymac on :
 
Question: IF the reset to $15 happens wouldn't the MM's make a killing on anything they have accumilated? I mean if they paid .90 and then it began at $15.............

GLTA
Wally
 
Posted by glassman on :
 
OK, it IS a reverse merger? right?

the price can be re-set by an MM and the company based on any reasonable number they want, ONE time...

there is no guarantee that it will stay there...

and there was never a guarantee that FHAL shareholders would get 15$..... it was the CVSU.PK shareholders that get that....

that's why they were willing to do the deal..


quite frankly? this thing is much more fascinating than anything else i've ever seen...

IMO? the new company has to protect the price after the switch too....

and i meant it seriously when i said it was about accumulating
 
Posted by glassman on :
 
quote:
Originally posted by wallymac:
Question: IF the reset to $15 happens wouldn't the MM's make a killing on anything they have accumilated? I mean if they paid .90 and then it began at $15.............

GLTA
Wally

uh, yes... [Big Grin]
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
OK, it IS a reverse merger? right?

the price can be re-set by an MM and the company based on any reasonable number they want, ONE time...

there is no guarantee that it will stay there...

and there was never a guarantee that FHAL shareholders would get 15$..... it was the CVSU.PK shareholders that get that....

that's why they were willing to do the deal..


quite frankly? this thing is much more fascinating than anything else i've ever seen...

IMO? the new company has to protect the price after the switch too....

and i meant it seriously when i said it was about accumulating

lol

you deflect...

either this "unique"

or

"just another r/m"
 
Posted by glassman on :
 
the trading and lying and shorting is what's fascinating and unique...

as far as i'm concerned? they could still screw it up... nothing is ever a done deal till it's done...

have you actually read some of the posts people are putting out?

the dip from 1.60 started because people misunderstood rufus .....

they thought he said the deal would take 90-120 to exchange the shares...
all the traders tried to bail instantly....they didn't want to hold for 90 days...they don't want to hold overnite if they can help it...

i was watching while it happened... even two people here at allstocks posted it would take 90-120 days... and they weren't lying. but they were wrong,the interview was interrupted and that's what it sounded like....

nothing but confusion....
 
Posted by T e x on :
 
of course I see...

you know i read.

my single point, right now, is this is *not* "just another r/m..."

if nothing else, the "368" play elevates it...
 
Posted by glassman on :
 
Ok ... it's not just another RM...theres 843 million $ listed as assets too...

my mistake...

once again? this is a simple reverse merger....

not complicated unless people want it to be...
which everybody does seem to want...


that's exactly what i said...

the 368 play makes it possible to reset the price..
you are right..

when i said simple? i was basically just reacting to all of the nastiness, rudeness, and lies i've seen since i tried to help do some DD here...

i don't friggin care to post picks anymore...
this is half the reason why...

this board wasn't like raggingbull last year when i stopped posting picks..
it has become very much like it now...

amf...
 
Posted by glassman on :
 
news out? gee? re-organisation... simple? depends on your perspective i guess...
 
Posted by glassman on :
 
like i said? they filed it...
they pretty much have to back the play...

too many people have seen too many lies, i'll grant you....


Conversion Solutions, Inc. Updates Shareholders
Monday July 31, 11:45 pm ET

"I would like to report that, 104 shareholders have reported selling their company stock due to the false and misleading information posted on internet web-sites; www.our-street.com or www.**********.com. Our attorneys will be in contact with these individuals shortly. They will be providing them with an affidavit package that will require their formal statements regarding the matter," stated CEO, Rufus Paul Harris and he goes onto say, "If anyone feels that they have been persuaded, or influenced in any way, to sell their company stock by information provided by person(s) on either of these two sites, or any other such site that we may not be aware of at this date, and would like to join a legal action to recoup their losses, then please send an email to stopthefraud*cvsu.us. Please include your complete contact information including telephone number."

 
Posted by Dustoff 1 on :
 
Common sense:?

I think folks could find themselves in a very dicy situation.....

On cross examination, in a court of law shareholders who sold, or still hold, could have a thorough examination of themselves on cross examination by the defendants lawyers.

Internet posting, trading records, character referances, credit ratings , criminal records..

Penny stock traders could have a bias built into the jury very easily by a good lawyer in opening statements by the defendants lawyers.

Tuff call.....They better have a rock solid case.

On the other side: If hedge fund involement is proven? The plantiff could score big time..

However, another scenerio is hedge funds thru clandestine measures back the defendants with hedge fund deep pockets..

The case could go on for years.

[ August 01, 2006, 01:15: Message edited by: Dustoff 1 ]
 
Posted by CRab on :
 
Here is that whole PR by the way...

Conversion Solutions, Inc. Updates Shareholders

By PR Newswire
Last Update: 7/31/2006 11:46:24 PM


KENNESAW, Ga., July 31, 2006 /PRNewswire-FirstCall via COMTEX/ -- Conversion Solutions, Inc. (FHAL), a Delaware Corporation, updates its shareholders to the effect that, the Fronthaul Group has received a new CUSIP number from Standard and Poors' CUSIP Bureau. The old CUSIP number of 361060 20 5 was replaced by CUSIP number 35904V 10 4, the ISIN number is US 35904v1044. Additionally, a corporate name change is currently under discussion with NASDAQ officials, there may need to be a trading acronym change, in any event the company will update shareholders as the discussions progress.

"I would like to report that, 104 shareholders have reported selling their company stock due to the false and misleading information posted on internet web-sites; www.our-street.com or www.**********.com. Our attorneys will be in contact with these individuals shortly. They will be providing them with an affidavit package that will require their formal statements regarding the matter," stated CEO, Rufus Paul Harris and he goes onto say, "If anyone feels that they have been persuaded, or influenced in any way, to sell their company stock by information provided by person(s) on either of these two sites, or any other such site that we may not be aware of at this date, and would like to join a legal action to recoup their losses, then please send an email to stopthefraud*cvsu.us. Please include your complete contact information including telephone number."

About Conversion Solutions, Inc

CVSU is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CVSU's primary service will be to acquire, fund and provide insurance coverage to target companies, in the currently under served $15,000,000 to $100,000,000 asset finance market. These services will enable our client businesses to compete more effectively, improve operations and increase their value. CVSU is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.

SOURCE Conversion Solutions, Inc.
 
Posted by Dustoff 1 on :
 
Also, no mention of class action..Statement reads like a direct involement and participation of stock holders..

Which means, the way I understand it, these shareholder statements will be scrutinized by the defendants lawyers long before there is a trial.
 
Posted by Relentless. on :
 
dusty clear a spot in your pm's
Got an email from munchy that will clear your bladder.
 
Posted by Dustoff 1 on :
 
go
 
Posted by Dustoff 1 on :
 
no no no no no no,, can't handle it, omg my sides hurt, this late at night, it really hurt my sides.. you dog! LMAO
 
Posted by SYGY on :
 
what is the SHO LIST---- FHAL is on it!!!! does that mean for sure the stock is shorted??
 
Posted by Dustoff 1 on :
 
It means MM'S brokers have borrowed shares..
 
Posted by SYGY on :
 
good!!!
 
Posted by SYGY on :
 
how many??any thoughts?
 
Posted by Dustoff 1 on :
 
SYGY, not nessasarily good...

MM'S Brokers have a multitude of remedies to pursue..
 
Posted by SYGY on :
 
like what we have seen last week!!covering?
 
Posted by SYGY on :
 
http://www.nasdaqtrader.com/aspx/regsho.aspx
 
Posted by Dustoff 1 on :
 
SYGY, in a nut shell? The dynamics of trading in this stock are a road map to somewhere un-known..

The saga is just going to play it's self out eventualy.

Many top flight traders can not answer your question, I am probably an average trader who does make profits in 3 out of 5 years.
 
Posted by Relentless. on :
 
quote:
Originally posted by Dustoff 1:
no no no no no no,, can't handle it, omg my sides hurt, this late at night, it really hurt my sides.. you dog! LMAO

Better than heroine
 
Posted by SYGY on :
 
thanks!
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:



the dip from 1.60 started because people misunderstood rufus .....

they thought he said the deal would take 90-120 to exchange the shares...
all the traders tried to bail instantly....they didn't want to hold for 90 days...they don't want to hold overnite if they can help it...


Actually glass, the pps started tanking as soon as Rufus spoke the first word on that interview.

It dipped .05 as soon as he spoke, and kept coming down before he ever mentioned the 90-120 days.

I like red Kool Aide.
 
Posted by CRab on :
 
quote:
Originally posted by Dustoff 1:
SYGY, not nessasarily good...

MM'S Brokers have a multitude of remedies to pursue..

do any of those remedies involve shareholder suffering by any chance? sacrificing a first born or anything like that?
 
Posted by Dustoff 1 on :
 
Crab, great humor! man I hope not, but sharks eat there own..LOL

Nice recovery building BTW.
 
Posted by CRab on :
 
yeah it's moving pretty good now...

on a serious note...he mentioned several remedies...do you have any clue as to any that "could" be harmful or of little help to shareholders?
 
Posted by Dustoff 1 on :
 
Crab, I was off trading stocks just noticed your question..If I get time I'll review..

But, I am having a difficult time making time at the present time.

Don't know if I can find anything of substance to help you, beyond common sense..
 
Posted by CRab on :
 
thats what i kinda figured...don't make a fuss over it...not like it's gonna change anything in the short term anyhow...

this will all pan out soon enough...
 
Posted by glassman on :
 
LOL: found this posted today...
the site is stock  -

Dear Readers:

Over the last two weeks, **********.com has been the
target of a vigorous coordinated cyber attack intended to
prevent this site from being available on the internet.
This site has been subject to repeated "Denial of
Service" attacks and the **********.com domain was
hijacked and falsely used as the sender in waves of spam
email.

********** regrets any inconvenience caused by these
circumstances. Our database was not compromised. We are
committed to keeping our site available to the public.
Therefore, in response to this set of events, we have
taken the following actions:

1) Turned the site logs over to the FBI cyber crimes unit.

2) Moved the site to a top technology provider with
expertise in site security

3) Offering a $20,000 reward for information leading to
the arrest and conviction of the parties responsible for
this criminal activity.


the sharks do eat each other....
 
Posted by 10of13 on :
 
LMAO! What a joke!
 
Posted by glassman on :
 
Moved the site to a top technology provider with
expertise in site security?

like out of their basement....
 
Posted by wallymac on :
 
Easy way to try and say that someone else was responsible for the content or should I say lack of content on their site recently. Note it said 2 weeks so it was prior to the report they did.

Coincidence? HMM

GLTA
Wally
 
Posted by glassman on :
 
who knows wally....

they haven't retracted the statement about Rufus...

all i know is they posted rumors straight off the net...
their site sounded just like the shorts over at ihub...

basically? being back on the SHO list just verifies that i was correct in my ASSUMPTION that shorty is hurting bad here....

the MM's may have convinced some fool retailers to assume their shorts....

i can only guess... i'm no expert on shortselling...
 
Posted by wallymac on :
 
Neither am I. But I do agree that what was going on at IHUB perfectly mirrored the reports of Our-street and Lemon before they published so IMO it did look like collusion.

GLTA
Wally
 
Posted by sabah on :
 
if volume picks up this will move
 
Posted by Peaser on :
 
Nice day today. Congrats.
 
Posted by Claydough on :
 
Lets keep on truckin'. This is the FHAL I like.
 
Posted by SYGY on :
 
http://www.careerbuilder.com/monk-e-mail/?mid=12235052
 
Posted by Peaser on :
 
I see this made the SHO list.

http://www.nasdaqtrader.com/aspx/regsho.aspx
 
Posted by bdgee on :
 
********** has an email out on FHAL....
 
Posted by CRab on :
 
they mentioned that on the other thread as well...no seems to be worried about the rumor they spread anymore...
 
Posted by bdgee on :
 
quote:
Originally posted by bdgee:
********** has an email out on FHAL....

I'll try that again:


S t o c k l e m o n has an email out on FHAL.... [/QB][/QUOTE]
 
Posted by glassman on :
 
so does http://www.our-street.com/featured.htm
 
Posted by 10of13 on :
 
quote:
Originally posted by glassman:
so does http://www.our-street.com/featured.htm

what's your take glass?
 
Posted by 10of13 on :
 
New ticker symbol...CSHC
 
Posted by Murnak on :
 
Conversion Solutions, Inc. Name Change To Conversion Solutions Holdings Corp.
KENNESAW, Ga., Aug. 2 /PRNewswire-FirstCall/ -- Conversion Solutions, Inc. (OTC Bulletin Board: FHAL), a Delaware Corporation updates shareholders.

The BOD has executed a name change of the Corporation to 'Conversion Solutions Holdings Corp.' Delaware file Number 3924960.

The corporation will also continue to do business as (DBA) 'Conversion Solutions, Inc.' for a short transactional period.

About Conversion Solutions, Inc.

CVSU is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CVSU's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CVSU is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.
 
Posted by Firedog on :
 
I'am new to this so forgive my ignorance but, when in this deal will FHAL be no longer be traded. Given that it does go through and how will stock holders be officially notified. Hated to show my ignorance but had to ask.
 
Posted by 10of13 on :
 
quote:
Originally posted by Firedog:
I'am new to this so forgive my ignorance but, when in this deal will FHAL be no longer be traded. Given that it does go through and how will stock holders be officially notified. Hated to show my ignorance but had to ask.

Not sure the date of the halt...we are waiting on audited financials...you will be "notified" when you open your broker account and see a halt symbol of some sort...your broker will then have to "make the chnage" for your symbol...the day of the halt..i would call your broker..and inform them that there was a halt..and give them a the new ticker..,this will bring their attention to the matter...IMO GLTY!
 
Posted by Millionby2010 on :
 
This changed symbols this morning. What does this mean?
 
Posted by Purl Gurl on :
 
What has become of the $15.00 per share price
reset guaranteed by the company?

Purl Gurl
 
Posted by Millionby2010 on :
 
heck! I can't even get the new symbol to show a quote.
 
Posted by 10of13 on :
 
This is still waiting on the audited financials of FHAL...and after those have come in...with luck it will show FHAL to be in very bad shape...and then according to the "368" rule,( I believe that was the number) a company can Halt trading and "reset" the PPS showing the new assets of "CVSU"...

It will take a few days for all of the brokers to get the new symbol switched over...choicetrade has already completed it...waiting for others...GLTA!
 
Posted by Purl Gurl on :
 
CSHD - verify you are using the correct ticker.

E*trade is quoting.
Coulson Pink Sheets is quoting.

http://www.pinksheets.com/quote/quote.jsp?symbol=cshd

Purl Gurl
 
Posted by Millionby2010 on :
 
ameritrade says "does not exist" :-(

but my quotetracker is.

interesting.
 
Posted by Firedog on :
 
Has anyone found any new information? I use Scottrade and they are telling me that they don't have any information on when the halt will be lifted or about a new symbol.
 
Posted by 10of13 on :
 
quote:
Originally posted by Firedog:
Has anyone found any new information? I use Scottrade and they are telling me that they don't have any information on when the halt will be lifted or about a new symbol.

You may need to call them again...this has been trading under the new symbol since yesterday...etrade hasn't switched completely over...so i can't trade on line but I can call and place the trade...and my choicetrade is all set and trading...GLTY!
 
Posted by BooDog on :
 
I have scottrade and it is showing -.04
 
Posted by Purl Gurl on :
 
I am still waiting to witness this company
guarantee of 15.00 per share.

:)

Purl Gurl
 
Posted by glassman on :
 
so is everybody else...

[Wink]
 
Posted by Firedog on :
 
Boo so is CSHD correct? Scottrade on my account is just showing FHAL#. When I called they told me that they had no information and when they got some kind of notice they will give me a call or to call if I had any information.
 
Posted by BooDog on :
 
CSHD is correct yes. Send an e-mail to customer support.

http://biz.yahoo.com/prnews/060808/cltu063.html?.v=51
 
Posted by BooDog on :
 
I didn't have any shares dog, and still don't. Just watching. But the ticker is valid on my streamer.
 
Posted by Firedog on :
 
Boo I have been holding for what seems like a lifetime. The lure of 15.00 is keeping me form taking the little bit of profit that I do have and it is one of the few in the red right now.
 
Posted by Purl Gurl on :
 
Prices continue to fall and I continue to
wait to witness this guaranteed 15.00 per.

Purl Gurl
 
Posted by 66inxs on :
 
apparently the lure of the 15.00 per held up the pps long enough for the insiders and the officers who were outed in the merger long enough to get their money's worth!
 
Posted by Purl Gurl on :
 
If Rufus does not come through with this
guaranteed 15.00 per share, forty-thousand
headman will be hunting him down!

Can you imagine how many complaints will
hit the SEC if this falls through? With
each passing day, Rufus risks complaints
being filed. He is skating on thin ice.

Purl Gurl
 
Posted by T e x on :
 
...and if that's really him posting on I-hub, with no disclaimer? [Roll Eyes]
 
Posted by glassman on :
 
IMO? this is the most interesting play of the year
 
Posted by 66inxs on :
 
i don't see how he possibly can do the 15.00 per market price. i do see the 15.00 per book value if it holds up under audit. thats why rufus merged CVSU into CHSD to sink CVSU so that it never traded after the first merger. very smart and cunning man rufus. thus, no broken promises, it never traded !
 
Posted by glassman on :
 
i have researched what the NASDAQ considers official pricing...

i have posted that DD here several times...

it only takes ONE MM to go along with it..


they could do ONE SINGLE trade at 15$ to satisfy the statement..

you guys are looking at a tree and missing the forest...

ask yourelf why is the stock staying so high?

somebody has been buying it at around a dollar for a long time...

somebody has a lot of somebody else by the "short [Roll Eyes] " hairs...


it's actually hilarious...

5 to 15 million shares short on a float of 23 million is the forest...
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
IMO? this is the most interesting play of the year

ya...can't disagree there--well, at least year-to-date [Big Grin]
 
Posted by glassman on :
 
think of what's going on here as a high stakes poker game with each player continuing to re-raise...
 
Posted by wallymac on :
 
quote:
Originally posted by 66inxs:
apparently the lure of the 15.00 per held up the pps long enough for the insiders and the officers who were outed in the merger long enough to get their money's worth!

Unless they bought FHAL shares under someone else's name they haven't been able to sell anything. The shares that they own of CSHD are restricted. I still think that this was more a revenge thing against MM's and shorting. What people seem to fail to realize is that The Caracas Gruop, who ever they are, placed the bond in the holdings corp to be hypothocated(basically as collateral). Now that would be the big play here. Caracas Group puts up the bond which can be used as collateral, they buy shares in FHAL early. Enough shares in fact to know they have the majority of the float covered. This will eventually force Short(whether MM's or other's) to cover and the PPS will skyrocket because there are not enough free trading shares available to cover the positions. What type of profit do you think they will garner on trading the stock?

Just some speculation here.

This whole scenario is just so interesting.

GLTA
Wally
 
Posted by Purl Gurl on :
 
"Caracas Group puts up the bond which can be used as collateral...."

They cannot. They do not own the bond. If any
ownership, a tiny percentage, very tiny.

Purl Gurl
 
Posted by wallymac on :
 
quote:
Originally posted by Purl Gurl:
"Caracas Group puts up the bond which can be used as collateral...."

They cannot. They do not own the bond. If any
ownership, a tiny percentage, very tiny.

Purl Gurl

Like I said PURE speculation nothing more but kind of interesting.
 
Posted by 66inxs on :
 
like glassman said - the most interesting play of the year - so far. and it is not over yet!!!
 
Posted by Purl Gurl on :
 
It will be all over, soon, if this 15.00 per deal
does not come about. Those vested will become
very impatient, this you know. As share prices
fall, impatience will rise.

I am guessing within another five to ten days,
the complaints will begin arriving at the SEC.

Purl Gurl
 
Posted by glassman on :
 
i have no doubt the SEC has already been alerted here ...

we all know how reliable they are tho....

if it was the MM's that shorted? they won't be too interested in "going along with Rufus" will they?

the rules say it only takes one to agree...

but? who would be willing to bust a big MM for 100million$....
 
Posted by 10of13 on :
 
quote:
Originally posted by glassman:
IMO? this is the most interesting play of the year

It's taught me oodles! That is why I stayed in it...to follow and learn...
Sure do wish the class would end...LOL
 
Posted by Purl Gurl on :
 
If this becomes another Gluv / GVRP I will
laugh my big butt off, or try to laugh my
big butt off.

You know what I will write if this comes to be.

Purl Gurl
 
Posted by glassman on :
 
all well and good, remeber that what goes around comes around...
 
Posted by Purl Gurl on :
 
I make a point to not place myself in a position of
being on the receiving end, not lately, certainly.

Purl Gurl
 
Posted by glassman on :
 
try being stuck in the middle all the time?
 
Posted by 10of13 on :
 
Glanced at Ihub...(i'll have to go shower)...but anyways it is amazing the "I told you so" and "Bashers" are comin' out of the wood work...

Never have been able to understand why "these People" only show after it starts to fall...never a "be careful" when the price is climbing or holding...always after the fact...

Haven't a clue as to why this fell...manipulation? Impatience? Brokers finally got the symbol straightened and people sold?
Still looking forward to the outcome...good, bad or indifferent...
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:

ask yourelf why is the stock staying so high?

Kool-Aide is my guess.
 
Posted by Purl Gurl on :
 
"Never have been able to understand why "these
People" only show after it starts to fall...never a
"be careful" when the price is climbing or
holding...always after the fact."

Almost never. There are those of us who do care
enough to advise caution well before the fact.

Purl Gurl
 
Posted by glassman on :
 
it's all about the method of delivery of the message....
 
Posted by Purl Gurl on :
 
No, it is not. It is all about listeners only
hearing what they want to hear.

Does not matter if the messenger is Guido nor
Mr. Rogers, listeners only hear what they
want to hear.

Purl Gurl
 
Posted by 10of13 on :
 
quote:
Originally posted by glassman:
it's all about the method of delivery of the message....

I'd have to agree...
Just as with children....
Ever notice that some parents will "ALWAYS Yell" at their children...and those kids don't pay one bit of attention? They are use to hearing the yelling...they "tune it out"
A parent right next to them is speaking calmly yet sternly...and the kids get right in line?

Adults react the same way...IMO!
 
Posted by glassman on :
 
any more stupid comments?

this ain't no party,
this ain't no disco...
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:


it's stupid to be wasting so much energy trying to save people from gambling...

they can gamble anywhere they want to anymore

even at the sushi bar...

http://abcnews.go.com/Technology/story?id=2203666&page=1
 
Posted by glassman on :
 
LOL.....
peaser

you don't know the half of it....

you hear one version and you think you are getting facts?

BTW? it is logged...

and you are over the line...
 
Posted by Peaser on :
 
I've heard many versions on the possibilities of this stock.

No, I don't know all the facts on this stock, do you?
 
Posted by glassman on :
 
nope, still waiting to find out....

one thing i do know is that this stock is the most interesting play of the year...

i've seen more wrong answers posted on this stock than any other i've ever seen...

by the shorts and the longs...

like i said earlier? the shorts have to keep shorting and the longs have to keep buying...

who could possibly trap a big MM?
they do have enemies too....
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:

BTW? it is logged...

and you are over the line...

Over the line?

Why did you edit my post above?

For simply agreeing with Purl?

That is what seems out of line to me.
 
Posted by glassman on :
 
seems?

COMPLAIN THEN..

you have a private message, i suggest you read it before you post any more..

i have no problems with ANY law enforcement at all...

any implications that i do will be taken seriously..

read your user agreemnet...

falsely accusing people of criminal activity that they are not guilty of is a crime...
 
Posted by Peaser on :
 
quote:
Originally posted by glassman:


i have no problems with ANY law enforcement at all...


Huh? I've got plenty of folks in law enforcement myself. No need to go posting it on the board though. Doh, I just did [Big Grin]

any implications that i do will be taken seriously....

read your user agreemnet...

falsely accusing people of criminal activity that they are not guilty of is a crime...

Not sure if this is directed at me or what, since I have not done anything wrong. Why are you bringing this to a personal level with me.

Please do not PM me anymore. Are you tossing out shallow threats at me or something?

Please leave the personal stuff at home, and stick to the stocks if that is the case here.
 
Posted by glassman on :
 
leave the personal stuff at home is good advice...

take it..
 
Posted by MoneyMoneyMoney on :
 
woooooooohhhhhoooooooooooooo!!!!!! All over the freakin place today! Look everyone, its a conspiracy. When the big boards go up little boards go down. Watch next time when the big boards go down. We will fly.........

ok, ok, thats the beer talking now.

Have a great night all and realize this is one day out of many.

Lets make money.
 
Posted by glassman on :
 
funny how this topic can't be discussed in adult fashion isn't it?
 
Posted by 10of13 on :
 
Wow..had to go for a little while...guess I missed some "stuff"...
LOL..Moneyx3 what are you talking about?
Have a good night...better not post and drink though...(what did someone call that...a PUI?)LOL

Peaser and Glass...c'mon...let's not get personal...Please?

I'd discuss this stock in an adult fassion IF...I could even remotely understand what the heck is actually going on...

I can't see this being some "big scam"...seems to much in depth...for that...
 
Posted by MoneyMoneyMoney on :
 
Tex,
your pm box is full Sir. I gotta message for you.
 
Posted by T e x on :
 
quote:
Originally posted by MoneyMoneyMoney:
Tex,
your pm box is full Sir. I gotta message for you.

fixed...gonna step out for awhile, though...
 
Posted by 10of13 on :
 
This was posted on the under .10 thread...I found it to be a valid observation...

silver2gold
Member


Rate Member posted August 15, 2006 07:16 PM
--------------------------------------------------------------------------------
I'm not sure if this has been posted but I found this article. Business Leaders Gather for Peace in Seattle June 5, 2006.

You will see a picture of Dr. Thomas Mensah about half way down. I have a very hard time believing he would be involved with any business deals that looked shady or as some say a scam. His name and reputation is worth far more then a fast buck.

http://www.peacefederation.org/news/field/namerica/2006/index.php?report_id=752& event_id=175
 
Posted by Purl Gurl on :
 
Humorous articles. I probably should have left this
thread buried in the past as it was until today.

Purl Gurl
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
Humorous articles. I probably should have left this
thread buried in the past as it was until today.

Purl Gurl

humorous like a train wreck?
 
Posted by Relentless. on :
 
More like a circus train wreck
 
Posted by glassman on :
 
LOL
 
Posted by Peaser on :
 
.77 x .78

When the tiger's broke free.
 
Posted by BooDog on :
 
eek
 
Posted by Purl Gurl on :
 
Not looking good, at all. This crashing has reached
a point where panic selling could be initiated.

Lot of money being lost today. I feel bad
for those holding long. This will really
hurt those families who work during the
day and are unable to keep track of what
is happening; their money is simply gone.

Purl Gurl
 
Posted by glassman on :
 
yawn,

if you bought this you are still awaiting filings....


are you shorting it?
that should be a good thing today..
 
Posted by BooDog on :
 
If I bought this I would still be awaiting funding!
I figured it would drop but not this much.
 
Posted by Purl Gurl on :
 
"If I bought this I would still be awaiting funding!"

Boodog, there is a problem with that. According
to available documentation, there is no funding.
At best, Rufus holds a very small percentage in
that Venezuelan bond. This five-hundred-million
in funding, simply does not exist.

Purl Gurl
 
Posted by glassman on :
 
why is Rufus supposed to own it?
 
Posted by Peaser on :
 
I just hope for the sake of those still in this, that Rufus hasn't made any reservations in Cuba.

He might just gave enough cash by now.
 
Posted by Purl Gurl on :
 
Readers may view documentation on this bond here,

http://www.stock lemon.com/files/THEBOND.pdf

(remove the space between stock and lemon)

Might be Rufus is represented in there through
an investment vehicle. However, it is very clear
Rufus does not own this bond as claimed nor has
this bond been cashed in. Again, at best, Rufus
might have a small percentage interest.

This five-hundred-million in funding, simply
does not exist. Rufus might be able to create
a credit line based on whatever his percentage
interest is in this bond, if any. This is about
the best he can do. He cannot cash in this bond.

Again, this bond funding claimed by Rufus simply
does not exist.

Purl Gurl
 
Posted by glassman on :
 
i am disappointed that you support the stockfruits
 
Posted by Peaser on :
 
stockfruits or kool-aide

I pick stockfruits.
 
Posted by glassman on :
 
you still here?
 
Posted by 10of13 on :
 
PPS falling...Weaks get shook out...perhaps it will drop more...perhaps shorts are able to cover...
stock lemon being used as a "reliable" tool for DD?
Funny today is August 16th...latest date I see on that "documentation" is June? Not reliable...IMO

I believe this was also from June? Humorous

http://www.peacefederation.org/news/field/namerica/2006/index.php?report_id=752& event_id=175

this is falling...and this is still a very interesting "play"
 
Posted by T e x on :
 
" latest date I see on that "documentation" is June? "

not following you, 10... how does a June date "take away" from the DD aspect of that .pdf ? iow, what might have happened since June that would affect a long-term bond?
 
Posted by 10of13 on :
 
Tex...things change...2 months ago? last 8-10 weeks of "transactions"...buys or sells on that bond aren't there..."to me"...doesn't varify anyting...not reliable...and again...I state TO ME

I find (the link) article more intersting...I have to ask myself...would this guy join in a scam? I guess anything is possible...

This is still a very interesting play...
 
Posted by BooDog on :
 
i was talking about funding to cover my buy, woulda gone straight to red if i was in around $1
 
Posted by Purl Gurl on :
 
"i was talking about funding to cover my buy...."

Oh, OH. Well, you cannot. You do not own that bond.

Heh, heh...

Purl Gurl
 
Posted by 10of13 on :
 
Not sure that lemon place is showing the "right bond"...ya'll will have to decide...

betting babe
Member


Member Rated:
posted August 14, 2006 12:23 AM
--------------------------------------------------------------------------------
2006-04-28 10:28:33
Conversion Solutions announces $500 million investment
Funding agreement with Ismet Paez of The Caracas Group

--------------------------------------------------------------------------------

KENNESAW, Ga., /PRNewswire-FirstCall/ -- Conversion Solutions, Inc. (OTC Pink Sheets: CVSU) announces that during the SB-2 filing process the following current events have taken place.

CVSU would like to announce the signing of a Global Funding agreement with Ismet Paez of The Caracas Group. The funding agreement brings 500 Million United States Dollar denominated Global, Bonds on the Republic of Venezuela with a 13.625% annual coupon, to CVSU's financials. The bond has been loaded in the Euroclear system with the following codes:

ISIN Number: US922646AT10

Common Code: 008975540

CUSIP: 922646AT1

BB Registration: A-989/08/01 to A-989/08/19


The bond also trades under symbol (VEZD) on the Deutsche Borse Frankfort market.

"We have been working diligently toward Hypothecation of the Bonds for liquidly. We have received written pre-approval for a credit line on the bonds and are in the final phases of execution. This process is very important to the launch of CVSU's business model for the funding of the projects and Asset Backed Security (ABS) origination," stated Ben F. Stanley, COO.

"The Board of directors has decided to complete the Credit facility prior to filing the SB-2; we feel that the addition of this asset is beneficial to the shareholders value," stated Rufus Paul Harris, CEO.

dot dot dot....

----------------------------------

REPUBLIC OF VENEZUE 13.6250 15/08/18
US922646AT10
008975540
13.625
USD
06 Aug 1998
15 Aug 2006
14 Aug 2006
G
BOND
31 Jul 1998

Euroclear sitr posted above. 13.625 is the interest rate

------------------------------------

http://www.euroclear.com/wps/portal/!ut/p/_s.7_0_A/7_0_E0/.cmd/ad/.ar/2321367/.p s/X/.c/6_0_77/.ce/7_0_E3/.p/5_0_7K/.d/1?PC_7_0_E3_AdvancedSearchEB=No&PC_7_0_E3_ jspPageAction=AdvancedSearchEB&PC_7_0_E3_forceAdvancedSearch=false&PC_7_0_E3_sea rch_radio=isin&PC_7_0_E3_search_select=equals&PC_7_0_E3_search_text=+US922646AT1 0&PC_7_0_E3_results_select1=name&PC_7_0_E3_results_select2=asc#7_0_E3

search using ISIN#

enter ISIN Number: US922646AT10


http://www.swx.com/market/quote_chart_en.html?id=US922646AT10USD4
 
Posted by Purl Gurl on :
 
I have been googling around to find a copy of
that bond, maybe a more recent. So far, just
current price quotes and one site which wants
ten bucks for a copy.

Appears it is hard to find copies of international
bonds through usual sources.

CUSIP number 922646AT1 out of Venezuela.

Should anyone want to search around, I have
verified that is the correct information
through a price quote which also gave the
correct bond information, but not a list
of those vested in the bond.

Point is, Rufus claims one-hundred percent
ownership of this bond. This is impossible
unless subsequent to the July 27 date he bought
out all those investment vehicles listed.

Otherwords, impossible.

Appears the bond information originates from
Bloomberg L.P. if this helps.

Note, the bond document is dated JULY 27
not some date in June as claimed. There
is no substitute for careful research.

Purl Gurl
 
Posted by 6digits on :
 
Trust me I have it all down to a T. Noe need for outside input here. Don't care what you say.
 
Posted by T e x on :
 
quote:
Originally posted by 10of13:
Tex...things change...2 months ago? last 8-10 weeks of "transactions"...buys or sells on that bond aren't there..."to me"...doesn't varify anyting...not reliable...and again...I state TO ME

I find (the link) article more intersting...I have to ask myself...would this guy join in a scam? I guess anything is possible...

This is still a very interesting play...

well, what I'm asking--given of course that *is* the correct bond--is this: from June/July and before, wouldn't Rufus/co show up somewhere? Even if they did sell or convert something since June/July? Their "tracks" should be somewhere in order to list it as an assett, right?
 
Posted by 10of13 on :
 
Not sure ...the Numbers seem to "match"..so they may be the same...Yes, their "tracks" should be there somewhere...I am not aware the name that "it may be under"...what I was pointing to is that the last date of a transaction was from June...even though the "report" was pulled at the end of July...

The way that I understand? is that their "financing" was obtained in part due to the "hold" of this bond...kinda like an equity loan (sorta)..but why not pay a smaller % on a "loan" rather than "cashing" in the bond that is gaining a higher interest yield?

To me the bond? Not sure I care...
I am interested in the whole "deal" and how it plays out...the "people" that seem to be involved...appear to have good and varifiable "character"...this is the reason I see it as "less" of a chance of being some "scam"...
and again interesting play...
 
Posted by T e x on :
 
ya, the bond deal is confusing...but, frankly, given the "character" questions, I'd rather see something solid on the bond. That might counteract some of the "shadiness" in the background...
 
Posted by Purl Gurl on :
 
Fruit of the poisonous tree.

As in evidentiary rules, if one fruit is poisonous,
all fruits are poisonous.

When a company is caught in deceit on a single
item, all else about the company should be assumed
to be deceit.

Based on this common premise, research begins
with searching for any deceit, anything bad.
Once found, all else found is tainted and
highly suspect. Traders from beginner skills
to advance skills, all know a large majority
of penny stocks are scams. Logical then, to
search for the bad first, then the good. The
bad is much easier to spot knowing so many
penny stocks are scams. Research is easier
when you quickly dismiss scam stocks.

When the bad is not found, you have a stock
which is worth deep research.

For a sidenote, a majority of penny stocks
being scams lends to this myth of bashers.
There are no bashers. This is a hoax. Toss
up ten penny stock tickers, nine will be
scams. Obviously those nine will be subject
to harsh critique while only one may past
the test. This causes a perception amongst
the naive of the existence of bashers. Not
true. These are people, most often, writing
honest critiques of those nine scam stocks.

Purl Gurl
 
Posted by Relentless. on :
 
Purl if that was the only thing going on here then there would be no cross words spent.. nor would your true attention seeking agenda be exposed.. You claim to be a great beacon of truth when all you are is a petty little girl seeking adoration from the meek and leaderless.
Leave this game to the grown ups and scamper along.
 
Posted by glassman on :
 
"As in evidentiary rules, if one fruit is poisonous,
all fruits are poisonous.

When a company is caught in deceit on a single
item, all else about the company should be assumed
to be deceit."


what about people?

one lie and you're toast?

i think you are being generous saying 1 in 10 is not a scam...

it's more like 999 of 1000...

the question is always who is getting scammed by who and when...

that's why i don't post picks at all any more...

this one? i was just trying to help the DD...

it's funny how so many people thought i was "pumping it"...
i have a few shares, and if it crashes to .02? i won't be worried...

some people seem to be "dancing on graves" today
 
Posted by 10of13 on :
 
Hmmm...according to the post a couple above mine? All posters on Allstocks are poisonous...


The pps has fallen greatly in the past couple of days...nearly 50%...interesting to see what will happen by EOW...
 
Posted by glassman on :
 
i don't care nearly as much about the price as being good at sorting out the facts here...

see? i'm on summer vacation here...
since the heat index has been 105 for 6 weeks straight? i don't feel like turning on my eqpt....
most entertainment i've had in while...
well worth the price of admission..

except all the human body parts laying around...that is a real bummer
 
Posted by 10of13 on :
 
summer vacation...you are actually suppose to go somewhere..not just to another thread...

"except all the human body parts laying around...that is a real bummer"
I've noticed a few of those..what the heck?
maybe you should turn on your eqpt...
 
Posted by 66inxs on :
 
eqpt - invalid symbol ???????????
 
Posted by glassman on :
 
66....
i blow glass-- hence my name...
glass starts to get soft at 1200F...
droopy at 1400F flows at 1800F

and yeah the last three weeks? i seen a lot of carnage here...
 
Posted by 66inxs on :
 
i saw someone doing that at a craft fair. quite an art to that but they made it look easy. why don't you post pix of some of your work? some of us would like to see it.
 
Posted by glassman on :
 
yeah and a whole lot would like to know who i am...

i "blew it" two years ago, when i started telling people theres no WMDs in Iraq......

those were the good days huh purl...

taking on anybody and everybody for hours on end...

politics is the best arguing stuff.
 
Posted by 66inxs on :
 
that's for sure. my only agenda here is doing dd and making money. if you do not want to show some of your work, no problems there either. its a free world. just thought it would be interesting.
 
Posted by Relentless. on :
 
Artistes are generally reclusive..
especially when it comes to their work.
 
Posted by glassman on :
 
well you can obviously see that a large portion of the people here are trying to help...

LOL

if you are doing real art? people don't like it til you are dead..
 
Posted by 10of13 on :
 
seems to be movin' up...chances are lots of daytraders grabbed this one...could be some good flippin and $ made today...
 
Posted by 6digits on :
 
I see you guys have a female reader posting here. Must be smart.
 
Posted by 10of13 on :
 
6digits=female?
 
Posted by 10of13 on :
 
This was interesting...perhaps more light can be shed...

mnvestor
Member


posted August 17, 2006 02:47 PM
--------------------------------------------------------------------------------
Good post from toxicstocks on HSM:
http://www.**************.com/forums/showthread.php?t=41229&page=132
I'm tired of this Bond talk.

Time for a little education, since some I fear need it in spades.

What is a Bond? It is a DEBT SECURITY, notice the word "Security". An issuer of a Bond, does so to raise money as a LOAN, that is given for a SET TIME and INTEREST rate (YIELD). The time of a BOND is set by its MATURITY DATE, and can be as long as say, 30 odd years.

Since Bonds are Debt Securities, they can be TRADED. In fact the Issuer of a Bond does so by OFFERING its Bond to investors much like companies do via IPOs. Thus, Bonds are a Security, much like Stock, that can be traded as such.

Therefore, we have a thing called a BOND MARKET, where investors can invest there money in Bonds, and Bonds have a price based on their YIELD, MATURITY and most importantly CREDIT! The credit part is very important since the risker the issuer of the Bond, the more YIELD/INTEREST they have to offer to make it attractive enough to investors.

They are a few different TYPES of Bonds, namely, GOVERNMENT Bonds and CORPORATE Bonds. Government Bonds are generally considered safer since they are backed by a GOVERNMENT as opposed to a CORPORATION, and have lower yields. But credit ratings vary for Governments JUST LIKE Coroprations too, so a Bond from say, SOUTH AMERICA, would be considered risker than a US or UK issued Bond. Yet, a South American Bond should still be considered safer than a Corporate Bond. Unless perhaps we are comparing it to a Corporation with say a AAA Credit Rated Company -- and a SOUTH AMERICAN Bond would offer a greater YIELD than say a US TREASURY BOND.

So this is why investing in Bonds is considered SAFE MONEY. And to invest in a Venezulan Bond would be considered safe too, no? Unless we invade that Country and bomb it to bits that is!

Now, remember the part about a BOND MARKET? Right, so when the issuer offers a Bond for say, I don't know $800Million, do you think they call up one guy a say "Hey man, give my $800 million, and I give you a piece of paper"? Of course not, it is offered just like any other security and ppl buy as MUCH OF IT AS THEY WANT, just like shares in a company.

Now, do you think this piece of paper, that constitues the Bond, has all those investors' names on it? You know, all those ppl that bought INTO that Bond? Don't be silly, the Bond is the BOND and it is openly traded.

So guess what? If you call "someone" to ask if say, Mr. Smith owns such and such Bond, do you think you will get an answer like, "Oh yeah I see Mr.Smith's name here right on my screen" -- of course not. Much in the same way, as if you asked Etrade how many shares I HAVE IN CSHD, they won't and CANNOT tell you. Sound familar? Of course it does.

Finally, remember some chatter about "Cashing In a Bond". Funny choice of words, or rather, funny INTERPRETATION of those words, since the ONLY person that could "Cash in a Bond", would be the ones that ISSUED the bond. And even that is contrived since, the Bond is the Bond, and cannot be "cashed" or surrendered anyway since it is SET and BACKED till its Maturity Date! The only "cashing in" you could do, would be to SELL your POSITION in a particular bond on the open market. And that can even be interpreted in a different way when are talking about BUSINESS.

Since, these Bonds are SECURITIES, you can use them as COLLATERAL. For what say? A loan! That right, a loan, that you have whilst still holding your position in the BOND, which in effect, allows you to CASH OUT YOUR FUNDS.

There is a smart word for this, and it starts with an "H". Smart business ppl do this, when they can earn INTEREST at a HIGHER YIELD, than the interest rate they are BORROWING at.

I have spoken. Thank you.
 
Posted by Purl Gurl on :
 
A very serious logic flaw is instantly apparent;
Rufus does not own the Venezuelan bond.

Purl Gurl
 
Posted by 10of13 on :
 
We are often "asked" and "challenged" to prove our statements...and it is helpful to post links...
 
Posted by Purl Gurl on :
 
Always good to bring information to help readers
better understand technical issues.

However, that article on bonds contains a lot
of errors, a lot of mistakes. No harm done while
readers are prompted to learn more, are prompted
to discover what are those errors.

Bottom line, however, readers should not be
misled into believing Rufus is being truthful,
misled being intentional or not.

Simple mistakes, a lack of knowledge, we can
overlook those, correct those, this is not a
problem. Contrasting this, if information does
mislead readers, does effect trading decisions,
we cannot overlook this.

A balanced viewpoint is a must.

Rufus does not own the bond outright, none know
if Rufus even has an interest in the bond. Readers
should be reminded of this for their best interest.

This stock lemon report, while I do not support
their choice of wording, stated before many times,
their documentation is absolutely right, which I
have provided here before the stock lemon report
and have verified as correct. Again, I do not
support the hype and inflammatory wording at
stock lemon, but their documentation is on target.

The author's article on bonds is appreciated
although his article contains many mistakes
which are unnoticed by many, but his article,
although well meaning, serves to distract from
serious known problems.

Purl Gurl
 
Posted by usedtobeaCRab on :
 
looking at that article and leaving out what is said about CSHD what glaring mistakes are present?
 
Posted by Purl Gurl on :
 
Research, read and learn about bonds. Then report
back to us those mistakes you find.

Purl Gurl
 
Posted by stocktrader22 on :
 
quote:
Originally posted by Purl Gurl:
Research, read and learn about bonds. Then report
back to us those mistakes you find.

Purl Gurl

Please tell us Purl since you seem to have a very good knowledge base on bonds, and some of us don't have the time to spend hours on it. I would personally like to know. Thank you in advance
 
Posted by stocktrader22 on :
 
Look at the new PR just released tonight....

WOW!!!!!!

$25 reset price now.

This has got to be a joke [Smile]

This is incredible
 
Posted by T e x on :
 
stunning...

a b s o l u t e l y

STUNNING
 
Posted by T e x on :
 
As far as audacity goes?

lol...I only thought I'd seen some

this *does* take the cake....
 
Posted by a surfer on :
 
is it really true???? come on
 
Posted by a surfer on :
 
Originally Posted by voodoonola
I'm on no sleep! Heres all I've got so far

H&SWF: http://corp.sos.state.ga.us/corp/soskb/Corp.asp?417901

Fitchs: http://www.fitchratings.com/corporat...tor=1&detail=2

Moodys: http://www.moodys.com/moodys/cust/qc...ult.asp&bhcp=1


Here is some info. from HSM
 
Posted by Mr. CATIAEngineer on :
 
That fitch rating link didnt work for me. Is this where it was supposed to go to?

http://www.fitchratings.com/corporate/ratings/issuer_content.cfm?issr_id=8008924 7&grp_typ_id=4&mm_id=§or_flag=3&marketsector=1&detail=2

I find it here too but no additional info really

http://www.fsa.gov.uk/ukla/officialMainList.do?alphaNumString=L
 
Posted by glassman on :
 
if people would report the rude posts? we could attempt to fix most of them...
 
Posted by Purl Gurl on :
 
Microsoft is currently trading at 25.00 per.
(current time, 25.01 per share last trade)

Rufus is placing a value on his company at
the same per share price as Microsoft.

His company has no cash, no revenue, no business
plan, no viable operations.

Reads to me a good recipe for fruitcake.

Purl Gurl
 
Posted by glassman on :
 
market cap is not the same...
 
Posted by bdgee on :
 
ENOUGH!!!
 
Posted by glassman on :
 
of what bdgee?

be more specific
 
Posted by usedtobeaCRab on :
 
Is Google worth more than Microsoft these days?
 
Posted by glassman on :
 
nobody can show an interest in this stock without being ridiculed and peppered with insults...

we know the risks...
 
Posted by glassman on :
 
how does one define personal insult bdgee?

i have been harrassed for weeks since posting an opinion on this stock

that opinion is that it's interesting...

i never posted a buy or a sell.

just that i have extensively researched it and find the case novel...

since then? i have been accused of all sorts of rude things...

and so have dozens of other people for that matter.
 
Posted by Purl Gurl on :
 
Well, gosh, articles are vanishing before
my very eyes.

Bottom line is this claim by Rufus share
value is 25.00 per, is ludicrous, borders
on insane.

Purl Gurl
 
Posted by bdgee on :
 
Yep, I've seen thaat, glass...

And the rudeness and accusations don't add a damned thing to anyone's information about a stock.
 
Posted by Mr. CATIAEngineer on :
 
Purl Gurl, you arent serious are you? Microsoft has an O/S of 10.2 BILLION. There is no comparison between the PPS of a 100 million O/S and 10.2 billion. Thats apples and oranges. I mean, i follow your thought process, but its not a fair comparison.
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
Well, gosh, articles are vanishing before
my very eyes.

Bottom line is this claim by Rufus share
value is 25.00 per, is ludicrous, borders
on insane.

Purl Gurl

yes, but not by me..

this is a silly game...

trying to impugn my integrity.
 
Posted by Purl Gurl on :
 
"...but its not a fair comparison."

Yes, this is a fair comparison.

Share price is set by trader perception. Traders
look at potential for profit, first. Then traders
look at fundamentals, look at news, look at charts
and the rest of the stuff we consider.

A trader who develops a perception this company
is worth twenty-five dollars per share, well,
I am justified in commenting that trader is nuts.

Purl Gurl
 
Posted by 10of13 on :
 
Hmmm...as I posted...I was able to buy this yesterday and sell this for a 75% profit today...even if it is a scam...there is money to be made...it all depends on how one plays it...

I find this stock interesting and am looking forward to the outcome...regardless of what it may be...
 
Posted by Mr. CATIAEngineer on :
 
So we are discussing traders not investors then? Oops, sorry, im in the wrong thread.
 
Posted by 10of13 on :
 
LOL..Cat...we are "suppose" to be discussing the stock...not traders or investors...seems some simply get off track...
 
Posted by Purl Gurl on :
 
Sometimes you get lucky and those who made profits
today are just that, lucky.

Only item driving share prices up is this insane
news from Rufus and equally insane traders falling
for his news.

Profits today have nothing to do with research,
nothing to do with good trading practices, nothing
to do with skills. Profits today are pure luck.

Purl Gurl
 
Posted by glassman on :
 
purl?

why are you wasting your valuble time here?

reread your posts..
 
Posted by MotorCityMadman on :
 
Profits are just that PG...PROFITS!
Only reason I play the game...
 
Posted by usedtobeaCRab on :
 
Purl using your logic, is Google which is trading in the $385 range worth more than Microsoft which is trading at $25?

Saying the comparison is valid is kind of rediculous...no matter how you look at it...
 
Posted by Purl Gurl on :
 
Traders and investors, a fine line sorts the two,
these are the people who drive share prices.

Trader perception is the most powerful force
effecting share price for any stock. When you
disregard consideration of trader perception,
you will lose money.

Trader perception is the top most important
consideration in stock research.

Purl Gurl
 
Posted by MotorCityMadman on :
 
Isn't it trader perception thats driving the pps of this stock up today???
 
Posted by glassman on :
 
my ananlysis is that traders believe there is about a 1 in 15 or worse chance this deal will go as proposed by Rufus..
 
Posted by Stockstar69 on :
 
Hmmm,

Next week we will be complaining because it didn't go to $15.00 and only went to $2.00.

DAMN! I hate 100% profit.
 
Posted by 10of13 on :
 
Seems to be "testing" the $1 support...

Had a nice little "jog" this morning...would love to see another one...but with it being Friday...IMO...won't happen...

Still a very interesting play...
 
Posted by 10of13 on :
 
Conversion Solutions Holdings Corp Updates Shareholders

August 18, 2006 01:15:11 (ET)


KENNESAW, Ga., Aug 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- Conversion Solutions Holdings Corp (CSHD, Trade), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place.

CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.

The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).

The bond is loaded in the systems with the following codes:

Lehman Brothers Holdings PLC 6 1/8 A+

Common Code: 010924251


ISIN: XS0109242510
BB Number: EC2377199

"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.

About Conversion Solutions Holdings Corp

CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at http://www.cvsu.us.

SOURCE Conversion Solutions Holdings Corp


Rufus Paul Harris Conversion Solutions Holdings Corp, Harris*cvsu.us, +1-770-420-8270
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved
 
Posted by 10of13 on :
 
IMO...givin the fact that this particualr play is not about what the PPS is at this point...
it's the "belief" in a company attempting to do a R/M of sorts..and the resetting of the PPS after the merger is complete
Will the 15/25 PPS hold after the merger?
That is doubtful in my opinion...and it will be very intereting to see the out come...
 
Posted by glassman on :
 
did this really go up 46.67 percent today?

not bad: for entertainment purposes only.. [Big Grin]
 
Posted by 10of13 on :
 
quote:
Originally posted by glassman:
did this really go up 46.67 percent today?

not bad: for entertainment purposes only.. [Big Grin]

It was a great flip...which will result in a little more funds that can be used for entertainment purposes... [Wink]
 
Posted by IMAKEMONEY on :
 
To me this is all i want.JMO 10of13
Member


posted August 18, 2006 10:34 AM
--------------------------------------------------------------------------------
Hmmm...as I posted...I was able to buy this yesterday and sell this for a 75% profit today...even if it is a scam...there is money to be made...it all depends on how one plays it...

I find this stock interesting and am looking forward to the outcome...regardless of what it may be...

--------------------
Every penny loss is a lesson bought!

--------------------------------------------------------------------------------
Posts: 3815 | From: Ohio | Registered: Jan 2006 | IP: Logged |
 
Posted by dot_ob_trader on :
 
CSHD has been one of the most entertaining and profitable stocks of this summer - a really nice looking 52 week range !
 
Posted by Purl Gurl on :
 
Appears, as usual, none are performing research.

Here are some tibits which might motivate readers
to actually perform research, doubtful, but maybe.

http://corp.sos.state.ga.us/imaging/12953746.pdf (see article four)
http://corp.sos.state.ga.us/imaging/12947538.pdf
http://corp.sos.state.ga.us/imaging/13237186.pdf


Steven Canady:

http://www.sos.mo.gov/securities/orders/AP-06-16.asp
http://corp.sos.state.ga.us/corp/soskb/SearchOfficers.asp
http://www.infozine.com/news/stories/op/storiesView/sid/15117/ (ponzi scam)

"Saadi Abbas is supposed to be the attorney of
record of ADNAN SAKLI, Gary Botha is also mentioned
in varioous documents. I am sure that readers are
aware of this individual (Sakli).

The latest offering seems to be an instrument for
400M Euro that has been "deeded" to a German
Foundation, who have given it by Deed of Gift to a
Mexican national living in Spain, who has assigned
this to a Italian national of Syrian descent, who
is trying to place said instrument in a trading
program!"

(You will find this upon acceptable research)

There is a lot more information to be found for
those willing to perform good research. Never
surprises me so few of you even bother with
researching where your money is headed.

Incidently, How did I verify Steven Canady is
also known as Steven O. Canady? Do you find
a hand written name of interest near his?

Pfftt.. you people, unreal. I cannot believe
you toss your money at complete unknowns, and
give your money to those who have a factual
history of financial crime.

Purl Gurl
 
Posted by Purl Gurl on :
 
Why is it a person who is not vested in this
stock, me, performs research circles around
you who are vested in this stock?

Gads, you people blindly toss your money
at anything which comes along.

I suggest you get off your lazy duffs and
perform some research. There is a lot more
information, you really should know, lots
and lots more.

* rolls her eyes *

Purl Gurl

* I am curious if Stock Lemon will pick up
on my leads to research material; they sure
pounced on all else I wrote previously.
 
Posted by glassman on :
 
"give money".....

financial crime...

CHRISTOPHER COX SWORN IN AS SEC CHAIRMAN
FOR IMMEDIATE RELEASE
2005-107

Washington, D.C., Aug. 3, 2005-With his wife Rebecca standing at his side, Christopher Cox took the oath of office to become the 28th Chairman of the Securities and Exchange Commission from Federal Reserve Chairman Alan Greenspan.

"It is an honor to lead the Securities and Exchange Commission, and to be sworn in by so wise and able a champion of America's capital markets," Chairman Cox said. "In his 18 years of service, Chairman Greenspan has been a great friend to investors through his focus on healthy, growing capital markets and the importance of personal savings."

 
Posted by Purl Gurl on :
 
More hints to motivate you to research,

BAYOU LIFE SCIENCES, INC.
BAYOU TECHNOLOGIES, INC.
CANADY HOLDINGS, INC.
FORTUNA GLOBAL CAPITAL, INC.
GLOBAL TRANS AIR, INC.

Purl Gurl
 
Posted by glassman on :
 
gee? i hope you do have the right person here..

more and more interesting...

any bankruptcies in there?
 
Posted by wallymac on :
 
[QUOTE]Originally posted by wallymac:
[qb] http://www.zoominfo.com/Search/PersonDetail.aspx?PersonID=594353895

"Chairman and Chief Executive Officer1
Bayou Technologies Inc - Marietta, Georgia

Steven O. Canady, SMD, MBA, MS, Chairman/CEO is the principal founder of Bayou Technologies, Inc. Mr. Canady received his Bachelor of Science degree in Chemical Engineering with an emphasis on its Biomedical application and a Master’s degree in Business Administration. Mr. Canady studied medicine Cambridge United Kingdom. In 1990, he participated in an internship at NASA and Baylor University School of Medicine through Tougaloo College Summer Science Program. Dr. Canady was invited to participate in a Bioterrorism Counter Intelligence program by the Canadian government and received the Certificate of Recognition for Outstanding Service from the Delegate to Congress of the United States Virgin Islands, the Honorable Donna M. C. Christensen."


I read everything you just posted last Friday on I HUB. The information on Salki is from 2002. Is he a shady character? Yes he is. Which Steven Canady are we talking about? It's very hard to tell since all we have is a name. There are many other Steven Canady's as well.

How will this all turn out is yet to be determined. Am I leery? Of course. I and many here have always stated healthy skepticism. Please don't assume that no one has done any DD. Many here have done extensive DD since the beginning of this saga. The majority of what I have read is people who have stated the safest route with this issue, is to flip for free shares and if willing to accept the risk hold free shares for the possible reset.

GLTA
Wally
 
Posted by Purl Gurl on :
 
 -

You question my research while you have performed none?

This direct connection is found in
what document?

Jeessh....

Purl Gurl

[ August 19, 2006, 22:28: Message edited by: glassman ]
 
Posted by wallymac on :
 
Where did I question it? 1170 peachtree in Atlanta is the address for the foundation in the PR.


GLTA
Wally

[ August 19, 2006, 22:25: Message edited by: glassman ]
 
Posted by glassman on :
 
interesting choice of words...
some people are insulted
 
Posted by Purl Gurl on :
 
What a surprise! My articles are being deleted.

Purl Gurl
 
Posted by glassman on :
 
valuble DD is left as best as possible..

what else do you wish?
here is more DD...


http://www.sos.mo.gov/news.asp?id=534

News Releases

FOR IMMEDIATE RELEASE
Wednesday, May 17, 2006
Contact: Stacie Temple, (573) 526-5076
Contact: Mike Seitz, (573) 526-0949
Carnahan's Office Orders Canady Holdings, Inc. to Stop Ponzi Scheme

Jefferson City, Missouri -- Secretary of State Robin Carnahan's Commissioner of Securities Matt Kitzi recently ordered Canady Holdings, Inc. and its agents to stop fraudulently selling unregistered, nonexempt securities in Missouri.

After an investigation, the Securities Division concluded that, in 2005 through its Kansas City and Chicago agents, Canady Holdings convinced two Missouri residents to invest over $18,000. The agents allegedly promised the investors that Canady Holdings - a Georgia based business - would use the money to trade foreign currencies. Canady Holdings' agents also allegedly promised the Missouri residents that they would receive a 1000% return in 30 days.

However, the Order asserts that instead of sending the investors their full profits, the Canady Holdings' agents convinced the investors to reinvest the profits, which were significantly less than promised, for another 30 days.

At the time of the Commissioner's Order and over one year after the re-investment, the Division states that neither Canady Holdings nor the agents had returned to the investors the full amount of their original or reinvested principal, or the promised returns.

Canady Holdings and its agents, Jacqueline Boykin of Chicago, Illinois; Julie M. Teng of Kansas City, Missouri; and Laurence Young of Grandview, Missouri, are all charged in the Order with selling unregistered securities and unlawfully operating as agents in Missouri.

Canady Holdings, Boykin and Teng are also charged with securities fraud rising from a failure to state necessary facts. In addition, Canady Holdings and Young are charged with securities fraud stemming from a course of business that operated a fraud or deceit upon an investor.

The alleged activities of Canady Holdings and its agents indicate characteristics of a Ponzi scheme, an investment scam included in Carnahan's list of Top 10 Threats to Investors for 2006, which involves "robbing one person to pay another." In these schemes, initial investors are paid off with money taken from new investors. As long as a steady flow of new investors keeps coming in, there will be money to pay off the old investors. However, when new investors stop coming in, the scheme collapses, investors lose their money and the fraudsters walk away rich.

"Anytime investors are promised unrealistic, high returns, they should be wary," said Carnahan. "I encourage investors to protect themselves from these types of scams by contacting the Securities Division to get as much information as possible before they invest their hard-earned money."

 
Posted by glassman on :
 
this is allstocks.
not ihub and not ragging bull...

if you wish to use abusive language?

it will be deleted..
 
Posted by Purl Gurl on :
 
You are duplicating my research and you are
censoring out some of my most important comments.

I will write this again. None have presented this
type of research, these findings in this thread.

Why is this?

Purl Gurl
 
Posted by Purl Gurl on :
 
I write,

"This direct connection is found in what document?"

Unfortunately, my firm but fair and humorous
comments have been censored out. My removed
comments are designed to prompt readers to
make a connection between Cason, Canady and
Canady Holdings which enjoys a criminal history.

Readers will discover some problems with
research being provided by others if you
follow my lead on this.

Rather annoying to have such important comments
censored out; this does not benefit readers.

Purl Gurl
 
Posted by Purl Gurl on :
 
I will not spoon feed you readers. If I am not
to be allowed to write in my own personal style,
none will benefit. Should I spoon feed you, there
is no motivation to research, to learn, to become
more learned traders, nope, you will sit there
and wait for the next spoon load.

My style is to motivate readers to perform good
research which is clearly not being performed
by any, literally. You readers deserve to be
admonished for your not performing good research.

This information I bring in, like so many other
threads, is simply not being provided at any
other boards. Only here, only by my hand, will
you read such excellent research, a type of
research which protects you from loss of money,
and enhances your ability to make profits.

You are biting the hand which feeds you.

Suppose now I have to let the cat out of the bag
rather than motivate readers to research. Seems
the only method I will be allowed is to spoon
feed rather than challenge readers to take on
this responsibility of performing good research.

Look at the dates on documents, look at the
date of the recent news. What do you surmise?

Previously I wrote, "b!tch slaps you across
your face" which was once acceptable but now
is no longer acceptable; inconsistent rules.

I expect readers to make an important connection
between the "foundation," "article four," the
date of the news and the players involved.

Currently, I will write, "Should you not make
this critical connection, I will gag you with
a spoon."

Purl Gurl
 
Posted by Purl Gurl on :
 
"Which Steven Canady are we talking about? It's very
hard to tell since all we have is a name. There are
many other Steven Canady's as well."

Provide documentation which clearly verifies
your Canady is the right Canady. I have done
so, I expect you to do so.

Purl Gurl
 
Posted by glassman on :
 
i am not a lawyer

my analysis of this document is that Canady Holdings has yet to be proven guilty of anything...

they have been ordered to show cause?
http://www.sos.mo.gov/securities/orders/AP-06-16.asp

and?

i am not a lawyer...
but they have been ordered not to do this in MO anymore...

IT IS FURTHER ORDERED that, pursuant to Section 409.6-604(d), RSMo, the Commissioner will determine whether to grant, in a final order, the Enforcement Division’s petition for an imposition of a civil penalty of $10,000, in whole or in part, against each for the above violations unless Respondents request a hearing and at such hearing show cause why such penalties should not be imposed.

no fine is imposed YET...according to this...

once again i strongly state that i am not a lawyer and am just using common sense in reading this, and quite frankly? i've sen a lot of legal nonesense performed by lawyers in my life ...

it appears to me that based on this document? this case is not closed.

furthermore? i see no award of damages to the UNidentifed plaintiffs...

in other words? this is not a big deal IMO..

i've seen a lot worse...
and? i see it all the time doing DD...
 
Posted by Purl Gurl on :
 
"An investigastion by the Securities Division
concluded that Canady Holdings was operated as a
Ponzi scheme...Canady Holdings and its agents were
all charged in the Order with selling unregistered
securities and unlawfully operating as agents in
Missouri. In addition, Canady Holdings and Young were
charged with securities fraud stemming from a course
of business that operated a fraud or deceit upon an
investor."

This is extremely serious. Are you suggesting
charges like this are willy-nilly and without
a good investigative foundation?

You are vested in this stock and my presumption
is you want to make a profit.

Purl Gurl
 
Posted by quigley409 on :
 
purl u up for ome banter on sljb?
 
Posted by glassman on :
 
interesting stuff ...

as best i can determine from this?

one person at Canady Holdings is involved
At all times relevant to this Order, Jacqueline “Jacci” Boykin (“Boykin”) purported to be an agent of Canady Holdings and had an address of 2015 W. 82nd Place, Chicago, Illinois 60628.


My removed
comments are designed to prompt readers to
make a connection between Cason, Canady and
Canady Holdings which enjoys a criminal history.


criminal history seems, well, dramatic or something...


i read right here that:
#

On March 14, 2005, MR1’s check was deposited in Canady Holdings’ bank account.
#

On May 10, 2005, Canady Holdings wired $105,914 to Broker’s Capital’s bank account. Broker Capital’s bank records indicate that, of this amount, $ 102,059.81 would be disbursed among various individuals, including MR1, Boykin, Teng, and Young.


the holding company issued the check...
but then it appears that the agent of a DIFFERENT company tried some "funny busineess"...


this just gets more and more interesting all the time.
thanx for bring it to my attention...

there are a lot of crooks out there...

oh wait? i did find this:

On January 19, 2006, Canady telephoned an investigator in the Securities Division. In the ensuing conversation, Canady made the following statements.

1.

Although Canady did not employ her, Boykin was one of his “contacts” that he uses to “raise money for [Canady].”
2.

Canady pays Boykin a commission on the amount of money Boykin raises for Canady.
3.

Boykin has the authority to deposit money into Canady Holding’s bank account when she “acquires money from investors.


not even an employee?

hmmm..

no mention of Stephen at all...
i wonder if he's mad at Jacquie...
seem like everybody is mad at somebody these days...
thanx PG..

i'll get back to reading the rest of this now, but it's getting late so i may have to respond tomorrow...
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
"An investigastion by the Securities Division
concluded that Canady Holdings was operated as a
Ponzi scheme...Canady Holdings and its agents were
all charged in the Order with selling unregistered
securities and unlawfully operating as agents in
Missouri. In addition, Canady Holdings and Young were
charged with securities fraud stemming from a course
of business that operated a fraud or deceit upon an
investor."

This is extremely serious. Are you suggesting
charges like this are willy-nilly and without
a good investigative foundation?

You are vested in this stock and my presumption
is you want to make a profit.

Purl Gurl

uh? no...

found guilty and charged are two different things PG...

i do know that...

and? purl why are we spending so much time on this one again tonight? i thought TCLL was the play monday...
what did you tell me to do? buy on the gap and keep buying no matter how high it goes?
 
Posted by glassman on :
 
just a little further research...

i find it very interesting that in this case?
http://www.sos.mo.gov/securities/orders/AP-06-16.asp

the plaintiffs are not named...

in the USA? all of the parties are supposed to know exactly who the other parties are.. it's a constitutional right.
i can't imagine why this case just identifies them as Missourri Resident 1 and 2...
i'm sure it's nothing to be concerned about in this particular case tho... i don't question that somebody screwed up, i just am not clear on who all actually committed a crime...
if there were ever any penalties levied? my searches turn up nothing..
 
Posted by T e x on :
 
fascinating...lol--should make for some interesting Sunday reading...
 
Posted by glassman on :
 
been reading up a bit on AAPL too Tex...
they have some integrity issues and it has made for some good trading opportunities...

like 99.26% changes in the last 52 weeks...
 
Posted by T e x on :
 
OT:

AAPL? seems like I flipped that a coupla months ago...
 
Posted by Purl Gurl on :
 
"...should make for some interesting Sunday reading..."

This reading would be more interesting if others
would perform good research and arm chair lawyers
would stop providing mule manure commentary.

Purl Gurl
 
Posted by glassman on :
 
quote:
Originally posted by Purl Gurl:
"...should make for some interesting Sunday reading..."

This reading would be more interesting if others
would perform good research and arm chair lawyers
would stop providing mule manure commentary.

Purl Gurl

*slaps knee* now that is funny...
 
Posted by T e x on :
 
So...first we got the PR saying this:

quote:
CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
Then we got a Sec of State document, apparently showing "Robert N. Levinson, Esq" (wheee....*Esquire* lol) as the registered agent for "Humanitarian & Scientific World Foundation" (HSWF); same document shows "John Winch" as HSWF initial trustee; Levinson, as agent, and HSWF offices are shown as 910 Church St, in DeKalb, GA; Winch as trustee is shown at 1170 Peachtree, in Atlanta, GA.

so: CSHD funding agreement with HSWF--Levinson, Winch; 910 Church (DeKalb), 1170 Peachtree (Atlanta) ... incorporating a "domestic nonprofit," Feb. 08, 2006.
 
Posted by glassman on :
 
PROFIT (as opposed to non-Profit) is circled in PG's photo document...
 
Posted by T e x on :
 
Then on Feb 17, the trustee and address are changed to:

Adnan Sakli, 670 S. Bayview, Freeport, NY

(Feb 17 - Feb 8 = 9 days later)
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
PROFIT (as opposed to non-Profit) is circled in PG's photo document...

ya...but that's something else...dated 2004--the common link there seems to be the Peachtree address, which both "Canady" and "Cason" use . . .
 
Posted by 10of13 on :
 
Glass? Wally?
What is the "chain of thought" here? "charges" from 02 against the company that happen to be the same company that CSHD claims is getting "funding" from?
 
Posted by 10of13 on :
 
Oops...wrong dates...
 
Posted by glassman on :
 
charges are current and pending as far as i can tell 10....

thing is? the charges as they appear in the official document
http://www.sos.mo.gov/news.asp?id=534

show that someone in the real estate biz got in over their head trying to get involved in the forex game? that's as best i can tell...

as i stated several times? i'm no lawyer...

and? i would just ignore all of this if i wasn't constantly being accused of unfair moderating practices...
 
Posted by Purl Gurl on :
 
Keep digging, Tex, you are an excellent
investigative reporter.

There is more, lots more.

Run all names involved through the Georgia State
Department, cross-reference companies, pull more
names, run and cross-reference again.

A big picture will develop and this is not
a pretty picture.

Tex, what are your thoughts on "foundation" being
created simply to support the most recent pr news?

Readers, my sincere suggestion is you research
and read about civil law and proceedings before
accepting what you read here, as truth.

Purl Gurl
 
Posted by Purl Gurl on :
 
Previously, documentation has been provided which
exemplifies Rufus practiced deceit regarding the
Venezuelan bond. What do you readers find on this
latest bond being taunted?

Purl Gurl
 
Posted by T e x on :
 
III.

Next we got document dated July 25, 2006, still using Church St in DeKalb (& Levinson as agent) as HSWF address, listing Canady as CEO; Sakkli as CFO; and Cason as Secretary (notice: no signatures--names are printed or type, also showing Canady as the filer); all three using 400 Galleria Parkway in Atlanta.

Cities so far: DeKalb, Atlanta (GA); Freeport (NY)

(timeline: roughly, five months since incorporation and change of trustee--to Sakli, now with two addresses)
 
Posted by 10of13 on :
 
quote:
Originally posted by glassman:
charges are current and pending as far as i can tell 10....

thing is? the charges as they appear in the official document
http://www.sos.mo.gov/news.asp?id=534

show that someone in the real estate biz got in over their head trying to get involved in the forex game? that's as best i can tell...

as i stated several times? i'm no lawyer...

and? i would just ignore all of this if i wasn't constantly being accused of unfair moderating practices...

yeah..that seems to be what I am seeing...but I will spend a little time looking...the problem is...I don't really care to take that much time...LOL..I'm not investing...

For those that are going to "invest" in this...please keep digging...and make sure of your "investment"...it is always a very good idea. to completely investigate anyone and any stock that you are going to hold long term!

If I find anything that I feel is "important"..or not already posted...I will post...GLTA!
 
Posted by Purl Gurl on :
 
"the common link there seems to be the Peachtree address"

How many businesses have been created using that
address? What is the common theme employed for
those businesses?

Is there another address being used to create
a series of companies with common players?

In keeping with the Ponzi Scam perpetrated by
Canady Holdings and associates, are there other
businesses created which indicate stock shares
which are not registered, not public?

What does this suggest?

Purl Gurl
 
Posted by glassman on :
 
In keeping with the Ponzi Scam perpetrated by
Canady Holdings and associates, are there other
businesses created which indicate stock shares
which are not registered, not public?


please cite the legal document stating this..
i can' find it...
been looking all over too..

i am trying very hard to help you here PG..

the term alleged is very important...
 
Posted by glassman on :
 
News Releases

FOR IMMEDIATE RELEASE
Wednesday, May 17, 2006
Contact: Stacie Temple, (573) 526-5076
Contact: Mike Seitz, (573) 526-0949
Carnahan's Office Orders Canady Holdings, Inc. to Stop Ponzi Scheme

The alleged activities of Canady Holdings and its agents indicate characteristics of a Ponzi scheme, an investment scam included in Carnahan's list of Top 10 Threats to Investors for 2006, which involves "robbing one person to pay another." In these schemes, initial investors are paid off with money taken from new investors. As long as a steady flow of new investors keeps coming in, there will be money to pay off the old investors. However, when new investors stop coming in, the scheme collapses, investors lose their money and the fraudsters walk away rich.

this is a very CLEAR statement to me..

and i don't even have an English degree.
 
Posted by T e x on :
 
"Tex, what are your thoughts on "foundation" being
created . . . "

No thoughts, yet... I just love this stuff, that's all...especially team DD--hard for any one person to "do it all."

"would ignore all this . . ."

Wow, man--no way. This is fun stuff, to me...

"I don't really care to take that much time...LOL..I'm not investing..."

LOL...I may *never* play this, but something of this magnitude? I wanna know all there is to know...
 
Posted by Purl Gurl on :
 
Part of what Tex is providing for readers, at the
expense of his personal time and effort, is known
as "buffering" which is to create such an elaborate
web of inter-connections to make it very difficult
for the public to correctly place all the pieces
to a nonsensical puzzle.

Somewhat related, this is how Enron came about.

Purl Gurl
 
Posted by Purl Gurl on :
 
"I may *never* play this, but something of this
magnitude? I wanna know all there is to know..."

This is exactly how you readers will become very
good traders like Tex. You should follow his lead.

Some will advise you not to worry about such matters
because you are not vested or are not flipping.

How will you become better traders if you do not
invest effort into learning?

Purl Gurl
 
Posted by glassman on :
 
ALLEGED....

keep it in mind...
 
Posted by Purl Gurl on :
 
As you readers learn from others, as you readers
learn on your own, you will develop knowledge
which you can apply in the future, you can apply
to either make profits or apply to avoid losses.

In time, your knowledge base becomes so sufficient
you will be able to recognize problems like this
based simply on a few words from a company, based
simply on a pattern of behavior you learned of
through past research.

One of hundreds of benefits is being able to spot
problems right off so you can dismiss a stock then
move on to your next stock of research; you save
a lot of time and effort which affords you more
time and effort to use for research of stocks
which may prove profitable, rather than prove
to be a scam.

I have never known learning to be painful nor fatal.

Purl Gurl
 
Posted by T e x on :
 
I'm merely rertracing so far...

IV: Next up is the "Cease and Desist Order," showing Canady Holdings at "last known address" as the same Peachtree number, same suite.

So here's Canady, Cason, and Sakli at 400 Galleria in Atlanta (HSWF); then Canady again, back at Peachtree, also Atlanta.

(Assumption: This may be to keep HSWF at arm's length from Canady Holdings: presumably the nonprofit will file--or already has filed--for 501-3c status. To Do: check 501-3c filings).

So far: Canady Holdings and first HSWF trustee at Peachtree address.

(also now have : "J. Boykin" in Chicago, "J. Teng" in Kansas City [MO, not KS]; "L. Young" in Grandview [also], MO. )

Teng and Young--common business address in KC, MO...

[ August 20, 2006, 14:43: Message edited by: T e x ]
 
Posted by glassman on :
 
dismiss a stock...
why?
even the worst dog can still run..
 
Posted by T e x on :
 
flipping?

I'd say, do it early--if you're going to at all, lol. Anything can run, like that ICTN thingee the other day. But, *IF* a "geek* or *lotto* play is gonna get in trouble? The longer it goes, the riskier each play gets: What was a risky, pinky swing becomes a riskier daytrade...and so on. More on this, later... back on da trail, lol...
 
Posted by Purl Gurl on :
 
"I'm merely rertracing so far..."

This one is truly fascinating, yes, Tex?

So far, my research follows yours, almost precisely.

Of interest, one of the major themes I find is this
"non-profit" status for most of the companies. This
is a method to avoid paying taxes.

A clue, remember my rant about the SLJB deal which
involves, hmm, GMB, GMP, cannot remember company
initials. Whatever, this company is very recently
busted for tax evasion, hundreds of millions and
some officers will receive prison time. Why did
SLJB select that company?

My opinion is Rufus, Canady and the rest are
working at setting up a similar situation of
a tax shelter which may or may not prove a
good idea. Toss in a Ponzi Scam, they are
asking for real trouble.

There you have, readers, a cross-reference between
SLJB and CSHD stock based on prior learning.

Readers can either give attention to those who
perform excellent research or give attention to
those who make up mule manure as they go along.

Purl Gurl
 
Posted by 10of13 on :
 
Tex...
You are correct...this is all very interesting...the very reason why I have made the attempt to "hold a small position"...I tend to sell out of something and not look back...

What I find interesting is the "R/M" and the "368"...if this company is able to "pull this off"...even for only one trade at the "reset PPS"..."We" may find many more companies attempting "this"...

sure if I had "more" time to investigate...I may be "going at it"...
Life is pretty full...I need to choose wisely what I put time into...does not mean "I am a bad trader...and will not learn"...
Others seem to have the time...and not even vested...that is what they enjoy doing...fantastic...not sure those individuals should "criticize" others...
and no Tex..you have not criticized...

As stated many times..VERY INTERESTING play..and anyone investing in this should do ALL DD before investing...never believe the "BS" on these boards...good, bad or indifferent...DD and find out for sure if the info is true...GLTA!
 
Posted by Purl Gurl on :
 
"The longer it goes, the riskier each play gets...."

Trading stocks is all about risk assessment,
quite literally. When we play stocks, all we
are doing is playing the odds.

Smart traders will only play when odds are
in their favor.

This is why almost all who enter the markets,
end up losing their money; they do not play
this game, smart.

Purl Gurl
 
Posted by wallymac on :
 
Here's a google search of the address 1170 Peachtree


http://www.google.com/search?q=1170+peachtree&start=0&ie=utf-8&oe=utf-8&client=f irefox-a&rls=org.mozilla:en-US:official
 
Posted by gagged_n_burried on :
 
quote:
Originally posted by 10of13:
Tex...
You are correct...this is all very interesting...the very reason why I have made the attempt to "hold a small position"...I tend to sell out of something and not look back...

Same reason why I am holding few too 10. Regarding scam/ so on and so forth.. I am not naive to beleive that shares I had bought at 0.095 and 0.145 are worth $15 or $25 or $100 or w/e rufus will want to put on it.. right now, IMO it is contest between some shortsellers, including proessional traders like hindsite traders of ihub, and some on this board IMO Vs Rufus&Co.. who wins time shall tell.. meanwhile I just keep reading whatever people post.. very interesting to say the least!
 
Posted by glassman on :
 
lots of people are insulted for being called stupid to be in this...
namecalling is not how to make and keep friends...
 
Posted by T e x on :
 
lol, jumping ahead a bit...anybody got time? send an email to "ruwealthy2*hotmail.com"

from the cease/desist order:

quote:
Issuing bank issues Letter of Credit, the client will send a copy of the Letter of Credit in a protected format via fax: 206-888-2670 or Pdf: ruwealthy2*hotmail.com upon receipt the client will receive a Joint Venture Agreement. They will send the Letter of Credit to the Advising bank by electronic means via SWIFT.

 
Posted by Purl Gurl on :
 
"...google search of the address...."

Huge office complex! There are hundreds and
hundreds of businesses there. In my cartoon
world, all offices would be connected by
side doors and secret staircases, so one
man can pretend to be the operator of all
those businesses.

I would write a short comedy on this but....

This is kinda fun,

http://www.11alive.com/news/news_article.aspx?storyid=82677

Purl Gurl
 
Posted by Purl Gurl on :
 
"ruwealthy2*hotmail.com"

Pretty funny. I giggled about this.

Instead of "ruwealthy2" the boy simply should
have used "scamster" instead. Gads, just the
moniker is a dead giveaway! That boy deserves
ninety days in the Gray Bar Hotel simply for
being so stupid.

"Oh Henry! We should write ruwealthy2 and we
can be wealthy, too!"

Purl Gurl
 
Posted by T e x on :
 
newslink to event July 31... [Eek!]

lol, lunchbreak--grilled some nice brats yesterday...gonna make me a sam'mich...
 
Posted by Livinonklendathu on :
 
quote:
Originally posted by wallymac:
Here's a google search of the address 1170 Peachtree


http://www.google.com/search?q=1170+peachtree&start=0&ie=utf-8&oe=utf-8&client=f irefox-a&rls=org.mozilla:en-US:official

Virtual offices 1170 Peachtree and 400 Galleria

http://www.interactiveoffices.com/search.php?id_country=1&id_state=2&id_city=3

http://www.moveandstay.com/atlanta/atlanta-hq-1895.asp?id=1895

As is CSHD home office, also virtual, covered a couple weeks ago I believe. Seems to be a trend with companies and lawyers.
 
Posted by Purl Gurl on :
 
"grilled some nice brats yesterday"

How do their parents feel about this?

Purl Gurl
 
Posted by Purl Gurl on :
 
From news,

"The funding agreement brings a 450 Million Euro
($579,149,833 USD converted)...."

This is impossible.

Spängler SparTrust Corporate
LEHMAN BROTHERS 00-07 6,125 XS0109242510 0 0 855 106,4600 910.233,00 1,68

Last number, Spangler owns a 1.68 percent interest.


LEHMAN BROTHERS HOLDINGS INC
6.125% NOTES
DUE 23/03/2007;
FULLY PAID; (REPRESENTED BY NOTES TO BEARER OF EUR1,000, EUR10,000 & EUR100,000 EACH) XS0109242510

Readers will note this bond is being sold in
units of Euro 1K, 10K and 100K lots.

No doubt, being a tradable bond, many others
own a percentage share. I have stopped research
here being satisfied with my findings Rufus
does not own this bond outright, as with the
Venezuelan bond.

Purl Gurl
 
Posted by MoneyMoneyMoney on :
 
http://stockcharts.com/h-sc/ui?s=CSHD&p=D&b=5&g=0&id=p31152902112
 
Posted by glassman on :
 
hey Purl? isn't this funny?
didn't Henry Fahman get this too?

Conversion Solutions Holdings Corp CEO Recipient of the 2006 Georgia Republican of the Year Award from the National Republican Congressional Committees Business Advisory Council
Sunday August 20, 7:34 pm ET

 
Posted by 10of13 on :
 
Henry Fahman ???
 
Posted by glassman on :
 
quote:
Originally posted by glassman:posted July 20, 2006 22:14:
PG? i still have 1000 shares of Henry Fahmans paper...free of course, but i do remember that filings don't mean a whole lot more than PR.... but still more...

whistled up the wind here, again [Big Grin]

hmmmm.. [Roll Eyes] see page 15 of this thread...

up5grand? the good ol'days were really only about 3 weeks ago? seems like an eternity... [Frown]

[ August 20, 2006, 20:53: Message edited by: glassman ]
 
Posted by T e x on :
 
quote:
Originally posted by T e x:
I'm merely rertracing so far...

IV: Next up is the "Cease and Desist Order," showing Canady Holdings at "last known address" as the same Peachtree number, same suite.

So here's Canady, Cason, and Sakli at 400 Galleria in Atlanta (HSWF); then Canady again, back at Peachtree, also Atlanta.

(Assumption: This may be to keep HSWF at arm's length from Canady Holdings: presumably the nonprofit will file--or already has filed--for 501-3c status. To Do: check 501-3c filings).

So far: Canady Holdings and first HSWF trustee at Peachtree address.

(also now have : "J. Boykin" in Chicago, "J. Teng" in Kansas City [MO, not KS]; "L. Young" in Grandview [also], MO. )

Teng and Young--common business address in KC, MO...

OK, here's where I left it...

V. looks like the State of Missouri is convinced Canady (Holdings), Teng, Boykin and Young worked together to pull a fast one on the so-called MR1 and MR2...

basically, it looks like MR1 made about $500--as opposed to the "promised" $11,000--while MR2 appears to be ripped for $1,600.

Meanwhile, says the state: "Boykin received $4,000 and Young received $6,000 in commissions as a result of the investors’ first payout."

Pretty slick...

the picture the state's evidence seems to be painting is *not* the typical dumb criminal...notice MR1 actually made some dough--if I'm reading correctly (and not bad dough, either)--it will be very tough to convict on MR1's case. ("WHAT? You gave 'em a grand or so and got back $1,600?--in a matter of weeks!")

If I were Boykin/Young? I would give MR2 the $1600, from our 10k...

The picture I'm getting is that of a sophisticated group (have mentioned before am impressed with the apparent level of planning) who are versed in the law, know the "edges," and are quite focused on using other folks' capital instead of their own.

Put it this way: If I wanted to borrow a grand that would make *me* 10 grand, "but I'll you pay back"....would you lend it to me? Maybe...

If I told you, "Invest your grand, get 11 grand" then I gave you $500 and walked away with $10,000... then what?


Am *not* saying the math is that simple...but I do believe we are seeing an escalation in sophistication in using other other's funds without truthful disclosure...

yup...pretty slick
 
Posted by glassman on :
 
i'm not seeing the conviction yet tho Tex..

it's all ALLEGED so far, i keep using alleged... i'm pretty sure it's importans cuz the lawyers use it...
 
Posted by Purl Gurl on :
 
"yup...pretty slick"

Very slick. Classic Ponzi Scam. Quite common
for Ponzi crooks to use new scam money to pay
early scam victims to create an appearance of
a legitimate deal. Those early victims perform
as walking advertisment, "Helen! Look, we made
money! Let's go tell Ozzie and Harriet!"

Appears these crooks were caught about halfway
through their scam.

Readers are again cautioned to research, read
and learn about civil litigation of this type
rather than be misled by armchair lawyers.

Purl Gurl
 
Posted by T e x on :
 
quote:
Originally posted by glassman:
i'm not seeing the conviction yet tho Tex..

it's all ALLEGED so far, i keep using alleged... i'm pretty sure it's importans cuz the lawyers use it...

Oh...I agree...I thought I made that clear? "state says" etc... no?
 
Posted by Purl Gurl on :
 
"Am *not* saying the math is that simple...but I do
believe we are seeing an escalation in sophistication
in using other other's funds without truthful
disclosure...."

"Buy our stock and in the future we guarantee
you a $15.00 per share value, oh, wait, no,
we guarantee you a $25.00 per share value."

Ponzi Scam

Purl Gurl
 
Posted by T e x on :
 
lol, Glass--you know the No 1 job of a professional copyeditor, right?
 
Posted by Purl Gurl on :
 
There is no trial. Darn it. Research and read.

This is a state securities commission action,
not a trial. This might lead to civil litigation,
if Canady and others do not cooperate. Might even
lead to a criminal trial, far down the road, if
Canady and others fight this.

One thing is absolutely certain. A securities
commission investigation which announces results
of this type, is _always_ right.

Readers will not find a single instance of any
securities commission, state or federal, ever
performing a turn-about, "opps, we were wrong."

Darn it, play it straight with readers. I do not
like these ego games, not one bit.

Example, there is no right to face your accuser
in civil litigation. Plaintiff and defendent do
not even need to attend civil litigation. Suits
of this sort are decided upon factual information
and have nothing to do with criminal proceedings,
heck, you only need a jury majority opinion for
civil litigation.

Right to face your accuser! I suppose this means
Enron's constitutional rights were violated because
they could not cross exam all tens of thousands
of complaining parties during civil proceedings.
Boy Howdy, that is a lot of Bible swearing! Should
not take more than a decade to accomplish this.

Play it straight with readers. Knock off the
armchair lawyer games.

Purl Gurl
 
Posted by glassman on :
 
quote:
Originally posted by T e x:
lol, Glass--you know the No 1 job of a professional copyeditor, right?

gee Tex, if i try to tell you and nobody else listens? what can i say?

i have had alot of allegations thrown at me since we started haranguing over this tock...

just telling everybody how i see it.. so you can share it with your friends...

i could spend all week picking apart filings and your statements, i don't...

i think it's rude and nasty..
i don't pick stocks anymore...

and? i rarely ever speak in "absolutes" about anything..

sounds like fingernails on a chalkboard to me...
 
Posted by T e x on :
 
lol, that's BS--ain't it?

seems as though I recall you picking apart plenty of filings and peeps' statements...

of course, not mine, lol... I get that: tough row to hoe, there [Big Grin]

rude n nasty? lol, we'll all done it. Although, I must say, I enjoy this move toward an even less nasty, less rude board. It eventually will place us up an even higher notch over other boards than we previously earned and enjoyed...all for the better, imo...

less nasty, less rude...more focused [Cool]
 
Posted by glassman on :
 
seems as though I recall you picking apart plenty of filings and peeps' statements...

of course not yours...

there's been a few people in off-topics that were pretty mad at me...

then there was debbie in CMKX, and Abram in MSEP...

but? that's about it..
 
Posted by Purl Gurl on :
 
"less nasty, less rude...more focused"

...and a lot less cry babying.

Martha Stewart is not a cry baby, Bill Gates
is not a cry baby and Hettie Green certainly
was not a cry baby!

Chief Sitting Bull was not a cry baby. Colonel
Custer, though, was a cry baby and he ended up
looking like a feathered porcupine.

What all those people have in common, except
that egotistical idiot, Custer, what those people
have in common is they are tough as steel and
even colder, and always stand their ground.

Oh! Let's play patty cakes and make big bucks!

Huh uh. Gotta play this game straight and tough.

Problem is, we are surrounded by childish twerps
who brag of being the best stock traders ever
despite only having maybe a year's experience.

They annoy me to no end.

Purl Gurl

"After the battle, the Indians came through and
stripped the bodies and mutilated all the uniformed
soldiers, believing that the soul of a mutilated
body would be forced to walk the earth for all
eternity and could not ascend to heaven.

Inexplicably, they stripped Custer's body and
cleaned it, but did not scalp or mutilate it. He
had been wearing buckskins instead of a blue
uniform, and some believe that the Indians thought
he was not a soldier and so, thinking he was an
innocent, left him alone."

- Eyewitness To History dot com

Firm but fair, my lineage.
 
Posted by T e x on :
 
"who brag of being the best stock traders ever
despite only having maybe a year's experience."

lol, so whut?

ever it shall be, on a board this size, eh?

Four Agreements, baby...their "head movies" are all theirs...

********

Custer? what a goof...they prolly realized he was an "innocent"... as in too stoopid to waste time...
 
Posted by MoneyMoneyMoney on :
 
Conversion Solutions Holdings Corp CEO Recipient of the 2006 Georgia Republican of the Year Award from the National Republican Congressional Committees Business Advisory Council
PR Newswire - August 20, 2006 7:34 PM ET


Related Quotes
Symbol Last Chg
FURA Trade 0.99 +0.315
Real time quote.

Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation would like to announce that our Chief Executive Officer, Rufus Paul Harris was the recipient of the 2006 Georgia Republican of the Year Award from the Business Advisory Counsel (BAC) a project of the National Republican Congressional Committee (NRCC).

Mr. Harris also qualifies for the BAC - NRCC most prestigious award the Congressional Medal of Distinction, awarded later this fall.

"I am extremely grateful for the tremendous support that Rufus has shown for our Party, especially in this critical election year," commented Congressman Tom Reynolds NRCC Chairman in a letter to Mr. Harris.

"This award is given to a select group of business and community leaders from each state that have championed the free enterprise system and supported the ideals of smaller government, lower taxes and less regulation," explained Congressman Tom Reynolds NRCC Chairman

"I would like to express my gratitude to the NRCC and Chairman Reynolds, for this opportunity, I fell that the NRCC and the BAC is the key to the Republican parties present and future." stated Rufus Paul Harris NRCC Membership # 507731769.

About Conversion Solutions Holdings Corp

CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.

SOURCE Conversion Solutions Holdings Corp

Rufus Paul Harris for Conversion Solutions Holdings Corp, +1-770-420-8270,
Harris*cvsu.us
http://www.prnewswire.com
 
Posted by Purl Gurl on :
 
"ever it shall be, on a board this size, eh?"

Yes, most annoying.

Those of us who are seasoned traders spend too
much of our time working at protecting readers
from all the mule manure being slung around
rather than simply helping others to make money.

Greatest problem is participants are so arrogant
to believe they are never wrong, ignoring those
who deliberately lie. Darn it, a little research
is all that is needed to be sure of being right.

My habit is to research and verify my notions
as correct before ever going public, just like
you do, Tex, before you write a newspaper item.

Your research today, which you share with readers,
is an excellent example of investing a little time
and effort into learning, and, more important,
investing a little time and effort into being sure
you are right.

Yep, Custer is stoopid and I sometimes think we
are stoopid for giving so much of our personal
time to help readers make profits, a help which
is very rarely appreciated, more often, a help
which earns ridicule, insult and trouble.

Number one problem, masculine ego.

That should garner complaints and have me
banished again!

Purl Gurl
 
Posted by Purl Gurl on :
 
"...Rufus Paul Harris was the recipient of the 2006
Georgia Republican of the Year Award...."

This should drive share prices down at least by half.

Purl Gurl
 
Posted by T e x on :
 
head movies, head movies, head movies...

all ego...

today, i did little actual research, other than following/retracing leads...good leads, btw [Smile]

one little bit I did indicates more phone numbers at that Peachway bldg than actually show up in reverse search... *usually* (not always) I can find neighbors, links etc...

anyway...tomorrow's another day--who knows what the next play will bring?

Me? will study these guys for awhile, regardless... [Wink]
 
Posted by MoneyMoneyMoney on :
 
Most of the seasoned traders do help folks to make money. You are the only one I really see "ranting and raving" on and on and on telling folk how stooped they are for not DD'ing to "your" standard. Alot of us just really don't care and are willing to ride a "scam" if be it what you call it. That is why we ignore your post as you ask. But then get ridiculed for that.......

Most folks aren't near as arrogant as the personality you play at the computer. Many times we learn new things along the way about a stock that may be hard to "accept" and will or could change our minds in the end decision. Folks take care of their money as well as they can and if they can't then they don't play the game.

"Yep, Custer is stoopid and I sometimes think we
are stoopid for giving so much of our personal
time to help readers make profits, a help which
is very rarely appreciated, more often, a help
which earns ridicule, insult and trouble."
Then don't. I've told many folks here on Allstocks thank you for the DD and suggestions as they have helped tremendously in my college education and future planned goals.

"Number one problem, masculine ego." Obviously its not just testosterone causing problems around town.....

"That should garner complaints and have me
banished again!"
You are so extreme at times....
 
Posted by T e x on :
 
quote:
Originally posted by MoneyMoneyMoney:
Conversion Solutions Holdings Corp CEO Recipient of the 2006 Georgia Republican of the Year Award from the National Republican Congressional Committees Business Advisory Council
PR Newswire - August 20, 2006 7:34 PM ET


Related Quotes
Symbol Last Chg
FURA Trade 0.99 +0.315
Real time quote.

Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation would like to announce that our Chief Executive Officer, Rufus Paul Harris was the recipient of the 2006 Georgia Republican of the Year Award from the Business Advisory Counsel (BAC) a project of the National Republican Congressional Committee (NRCC).

Mr. Harris also qualifies for the BAC - NRCC most prestigious award the Congressional Medal of Distinction, awarded later this fall.

"I am extremely grateful for the tremendous support that Rufus has shown for our Party, especially in this critical election year," commented Congressman Tom Reynolds NRCC Chairman in a letter to Mr. Harris.

"This award is given to a select group of business and community leaders from each state that have championed the free enterprise system and supported the ideals of smaller government, lower taxes and less regulation," explained Congressman Tom Reynolds NRCC Chairman

"I would like to express my gratitude to the NRCC and Chairman Reynolds, for this opportunity, I fell that the NRCC and the BAC is the key to the Republican parties present and future." stated Rufus Paul Harris NRCC Membership # 507731769.

About Conversion Solutions Holdings Corp

CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.

SOURCE Conversion Solutions Holdings Corp

Rufus Paul Harris for Conversion Solutions Holdings Corp, +1-770-420-8270,
Harris*cvsu.us
http://www.prnewswire.com

good find...
 
Posted by 10of13 on :
 
Please Don't do it...back away from the puter....

LOL
 
Posted by gagged_n_burried on :
 
Great post Money.. FHAL TO DA MOONNN [Big Grin] [Big Grin]
 
Posted by MoneyMoneyMoney on :
 
Thanks Tex and gagged_n_burried,
here's the chart: looks like RSI heading up nicely. Bollinger bands looking good and the accum distrib is low and could be turning with the news out recently even though we don't know how much of the recent bond is really CSHD's.
http://stockcharts.com/h-sc/ui?s=CSHD&p=D&b=5&g=0&id=p42152174104
 
Posted by gagged_n_burried on :
 
money.. IMO not too huge a bounce here.. dip and run maybe.. (PR effect not included).. shall try to fill the gap. but will be pushed up by traders.. might close even or minor red.. but if it gets PR bounce hard, then HOD of 1.4-1.5 is an easy take..
 
Posted by trade04 on :
 
http://www.nasdaqtrader.com/aspx/regsho.aspx
 
Posted by MoneyMoneyMoney on :
 
wow, the way sentiment went I am attempting to flip into "free" shares to protect my capital while waiting. Sold X .97 and .98. Will pick back up in the lower ranges.
 
Posted by Foge on :
 
"Custer was a *****, and you're no ***** sir"

We Were Soldiers
 
Posted by glassman on :
 
new filing out...
 
Posted by 10of13 on :
 
Glass...LOL I was just going to post that....

More filings on the PR's that they "put out"...Kinda gotta shake my head and say...more and more "less of a scam"...Seems Sec or something would "put a stop" to "false filing"..IF IT WAS FALSE!

Yep...things are fallin' more and more into "play" IMO
 
Posted by glassman on :
 
they had to file the PR..

if they hadn't? that woulda been bad.. i haven't parsed it yet...
no rush, it'll still be there later...
 
Posted by T e x on :
 
yup, it's definitely a "significant" event...man, lots to "parse" there...
 
Posted by Murnak on :
 
FURIA ORGANIZATION INC files Form 8-K, Current Report
Aug 23 2006 5:04PM ET

http://www.pinksheets.com/quote/news.jsp?symbol=CSHD
 
Posted by mnvestor on :
 
PR out:
NEWS>>> Conversion Solutions Holdings Corp Updates Shareholders and Files 8K on Current Events

KENNESAW, Ga., Aug. 23 /PRNewswire-FirstCall/ -- Conversion Solutions
Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation announces
that during the 10-K filing process the following current events have taken
place.
CSHD would like to announce the additional Deposit from the
Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation.
The Annex to the Global Funding Agreement brings a 749 Million Euro
denominated Bond on the Republic of Finland with a 6% coupon to CSHD's
Asset Back Management facility. (The Bond holds an S&P, Fitch, and
Composite AAA rating).
The bond is loaded in the systems with the following codes:

Republic of Finland 6% AAA

Common Code: 008120510

ISIN: FI0001004558

Copy and paste the following link into a browser to see 8K file:
http://sec.gov/cgi-bin/browse-
edgar?company=furia&CIK=&filenum=&state=&sic=&owner=include&action=getc
ompany
About Conversion Solutions Holdings Corp
CSHD is a diversified holdings corporation, which was formed to
originate, fund and source funding for asset-based transactions in the
private market. CSHD's main service will be to acquire, fund and provide
insurance to target companies in the currently underserved $15,000,000 to
$100,000,000 asset finance market. Our funding will enable our businesses
to compete more effectively, improve operations and increase value. CSHD is
headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more
information, please visit us at http://www.cvsu.us.


SOURCE Conversion Solutions Holdings Corp
 
Posted by Honesty101 on :
 
quote:
Originally posted by 10of13:
OK..theory...Rufus "said" no r/s..but according to the 8K he has that option...

What is stopping him from buying up a large portion of the float right now..and then doing a r/s to get the PPS up to the near $15?


From the 8k

Paragraph (c)

2.3 MERGER CONSIDERATION.

(a) Subject to Sections 2.2, 2.4, 2.5, 2.6 and 2.8 , at the Effective Time, the holders of Company Shares outstanding at the Effective Time, other than the Buyer and its Affiliates, shall be entitled to receive, and the Buyer shall issue and deliver, for each Company Share held by such Person: (i) 1.0 share of the Buyer's stock or

(b) No fractional shares of the Buyer's Stock shall be issued or delivered in connection with the Merger. Instead, the number of shares of the Buyer's Stock to which a holder of the Company Shares is entitled to receive pursuant to this Article II shall be rounded to the nearest whole share (with 0.5 share rounded up to the nearest whole share).

(c) In the event the Buyer changes the number of shares of the Buyer's Stock issued and outstanding prior to the Effective Time as a result of a stock split, stock dividend or other distribution payable in Buyer's Stock or securities convertible into Buyer's Stock or similar recapitalization with respect to such stock or effects a reclassification, combination or other change with respect to Buyer's Stock (each a "Stock Adjustment" ) and the record date therefore (in the case of a stock dividend) or the effective date thereof (in the case of a stock split or similar recapitalization, reclassification or combination for which a record date is not established) shall be prior to the Effective Time.

LoopHole #1
 


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