posted
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...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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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 $15).
On May 12, 2004, we filed suit in Nevada District Court against Enhancement Holdings, LLC, Paul Harris, Benjamin Stanley and John Walsh for fraud, negligent misrepresentation, breach of contract and rescission.
posted
yep..... it's privately held... that's why you don't get an active quote on them... the real question is how much of their 850 mikllion dollars in assets are really assets isn't it?
850 million dollars is what they say they have....
ONVERSION SOLUTIONS, INC. (A Development Stage Company) Statement of Cash Flows January 1, 2006 - March 31, 2006
OPERATING ACTIVITIES
Net Income
($ 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$...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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quote:Originally posted by glassman: yep..... it's privately held... that's why you don't get an active quote on them... the real question is how much of their 850 mikllion dollars in assets are really assets isn't it?
850 million dollars is what they say they have....
ONVERSION SOLUTIONS, INC. (A Development Stage Company) Statement of Cash Flows January 1, 2006 - March 31, 2006
OPERATING ACTIVITIES
Net Income
($ 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$...
single largest asset seems to be Venezuelan bonds that trade on DE exchange... not rated too high, different opinions on how recently they've traded...
posted
OK..Nice find by Livinon...but everything was dismissed...
Privately owned CSVU..yes...and those financials..are "unaudited"...which is one of the things that were suppose to be waiting on for this so called merger...
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posted
how the hell am i supposed to read that? it's in German for crying out loud
if the market says 15$ 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...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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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...
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...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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posted
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!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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quote:Originally posted by 10of13: LMAO off glass..I can't decide if you are serious or jokin'...
As for the $15 a share...I think that Rufus and Stanley get all the shares...by buying them back on the open market..and so they don't pay anyone...and then they can turn around and sell as many as they want on the open market once it trades in the new symbol...that's my story and I am stickin' to it!
jokin' about what? it is possible to disagree without name-calling and
this is in play .... somebody is buying them shares...
it IS a pink, and i am not recomending buying or selling...
i have seen plenty of reverse mergers actually work....... will this one? i dunno... that's why it's not at 15$ already...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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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.
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 ----------------------
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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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.
quote:Originally posted by 10of13: LMAO off glass..I can't decide if you are serious or jokin'...
As for the $15 a share...I think that Rufus and Stanley get all the shares...by buying them back on the open market..and so they don't pay anyone...and then they can turn around and sell as many as they want on the open market once it trades in the new symbol...that's my story and I am stickin' to it!
jokin' about what? it is possible to disagree without name-calling and
this is in play .... somebody is buying them shares...
it IS a pink, and i am not recomending buying or selling...
i have seen plenty of reverse mergers actually work....... will this one? i dunno... that's why it's not at 15$ already...
pssst, it is not a pink, FYI
Posts: 559 | From: MN | Registered: Apr 2006
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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.
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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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.
posted
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....
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posted
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?
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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
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 ..
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