posted
Roddy Boyd: Choosing up Sides by Mark Faulk Let's say, just for the sake of argument, that you're a financial reporter for a major newspaper, say....The New York Post. Now, again just for the sake of argument, let's say that three of your peers had been subpoenaed by the SEC in connection with allegations of collusion involving stock manipulation by a research firm and hedge funds.You'd want to distance yourself from those reporters, wouldn't you, just so as not to align yourself with anyone who might have the slightest chance of being involved with stock manipulation? For a journalist, integrity is priority number one. Right?
Apparently, not if your name is Roddy Boyd. After the SEC subpoenas were issued to Herb "I don't know when to shut the f*ck up" Greenberg, Jim "Take this subpoena and shove it!" Cramer, and Carol "Do I blend in with this wallpaper?" Remond, New York Post reporter Boyd was quick to leap headlong to their defense, posting articles that seemed to blatantly align him with the Gang Who Couldn't Write Straight. You know what they say about birds of a feather.
quote:Originally posted by betting babe: actually, that Post story would have been written around Friday for deadline.
Looks like Roddy Boyd should work weekends.
--> 'The Post obtained a "cease and desist" request sent by the foundation to Convergence'
hrm, why arent any of the other media reporting on this? methinks that Roddy has a personal interest here.
~BB
My sentiments exactly. All I can say is Rufus has some damage control to do and he better do it quickly. When tabloid reporters(yes I consider the Post as tabloid)start throwing out misleading allegations, their credibility always get shot.
-------------------- One risk I enjoy: daytrading stocks Posts: 273 | From: New York City | Registered: Sep 2004
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In response to the article of 8/12/05 by one Seth Jayson:
Here is a little gem by a guy that seems to believe that writing declarative statements and treating them as facts is a reasonable substitute for actual intellectual heavy lifting. He has also written very negative pieces on CAFE and TASR - also presumed Rocker shorts (TASR confirmed).
posted
I recieved a PM asking for my take on the current situation. Here is my reponse. This is Just my personal opinion. I have a little more to add but am still collecting my thoughts so will wait until they are clear before posting, something that seems to be lacking from those who claim to be professional journalists.
It's really difficult to decipher this whole situation. With all the DD that has been done still very little is known to be fact and I mean on both sides of the fence.
There seems to be a concerted effort on most boards to kill this stock. Our Street teams up with the NY Post twice to create fear, uncertainty and doubt. Neither of these sources have a lot of credibility. Timothy Miles of OurStreet admits on his own website that he prints first and verifies later, having spent years in the New York area I know that the majority of people there(including myself) view articles written by the Post as a slight step above such credible publications as the National Inquirer.
Now as far a CSHD, I have doubts. The whole bond scenario is confusing and to say the least in a very grey area. Rufus has not given us any meat in regards to how this will actually add value to the company. In reading the 8K it sure looked as if any funds that come from the hypothecation of these bonds will be split 50/50 with the Humanitarian and Scientific World Foundation and that the foundation will also get some compensation for them. I have to assume the same can be said for the Caracas Group. So I am left with the feeling that the true value to CSHD is less than what has been presented. Rufus has yet to confirm any agreement with a Market Maker to reset the price and support it at a new PPS level. Which is one of the requirements of valuating the stock at a higher price.
Questions still abound on the validity of both factions here. It will either turn out to be the deal of the century or the scam of the century.
There just hasn't been enough verified information from either side to make an informed decision. I will watch the action look for an entry point I am comfortable with and take a flier. I've already taken substantial profit off the table so that I won't lose money on this but would also caution anybody currently in this or thinking of taking a position not to bet the farm or the house on it.
It's been a very interesting and educational play and the plot is still unfolding.
Personally I sold the balance of my position on Friday because I do feel that these events will have a negative effect on the PPS and I will be able to pick up shares at a cheaper price. Of course I am not privy to inside information and the other shoe could drop and I would be on the outside looking in. I am OK with that. You win some you lose some.
Good Luck Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
I just posted this on another board, thought you guys might be interested
Houston, we have a serious problem.
Crazy week huh? Some will have you believe it is "all coming together", I'm going to have to agree with them, although not in the same negative light they will portray the situation. The stakes are higher and the situation is dire.
We got a new article from our favorite reporter at the New York Post this morning. I've actually been in contact with Mr. Boyd, starting with his first article a couple weeks ago. http://www.nypost.com/business/murde...tim_arango.htm
Mr. Boyd informed me at that time, that he, unlike everyone else, was able to contact Steven Canady, head of the Humanitarian & Scientific World Foundation, by contacting their lawyer, Robert Levenson (he misspelled it, i'm going to assume, on purpose), who then had Canady call him back. This took place on 8/20
He finally told me I should try to look up "Levenson" using the same method he did, which was martindale.com, a website that not only would not work unless you spelled the name right, but give's you no contact information in the first place...hmmm!
A fellow long, Trout31, got an instant response from Mr. Boyd via email on how to contact Steve Canady; a phone number, (404)791-5490, remember this one for later.
At this point Boyd was discrediting Steve Canady and the other head's of H&S World, while being skeptical of Rufus & Co. He never mentioned Canady being down on the deal, and said he was a quite a talker and the situation was infact very interesting. Keep in mind he talked to Canady on around 8/20.
On Friday, 9/1, we were shown the alleged cease and desist letter. As many of you know, this letter has, well let's say, alot of problems. But here's the biggest problem; do you really think a C&D letter would be sent in .pdf format? No; a document threatening legal action would most certainly be sent registered & return receipt by mail. This document, as presented, could not be what was sent. Would you scan a signature/seal, lay it down, lay text over it, then print it and send that? Of course you wouldnt, you would type the letter, print it, sign/seal it, and if you wanted people on the internet to see it (lol), then you would scan that document, which is not what happened here. There is no pixelation on the text in the paper, indicitive of the fact that the actual body was not rescanned.
So this letter, which would have most definently been sent by mail, was leaked onto the internet a mere 8 business days after Boyd talked to Canady? After Canady had nothing bad to say about CSHD?
info*hsworldfoundation.com is the email addy that verified the letter to Our-Street. This is listed on top of the (IMO fake) C&D Letter, along with that phone number, (404)791-5490. This was the same number that Mr. Boyd gave to Trout, but upon calling, a woman answered the phone who informed us that we infact had the wrong number. Hmmm....
The first time Boyd talked to Canady, it was via callback from a lawyer who no longer worked with the company. So this more recent time, when he was confirming the email, was it through the wrong phone number or the domain that was registered a week ago?
So here I am, wondering. Is Roddy Boyd involved with this? Or is he just being hoaxed by hsworldfoundation?
posted
I'm sure Rufus and company has already seen the link to the Roddy Boyd's NY Post article and if that doesn't move them into action to correct the problem I don't know what will.
Come on Rufus 10K buddy and damage control
-------------------- One risk I enjoy: daytrading stocks Posts: 273 | From: New York City | Registered: Sep 2004
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posted
Does Rufas even need to do "damage control"?
Why would he? What the PPS is right now...doesn't mean squat!..It's the reset that "matters"...if it happens or if it doesn't.
How does a "scam" go from trading at .15 to trading at $1 range...and stay there for what 5-6 weeks?
If this is real...Rufas is not in any hurry to do any type of "damage Control"...I'm not sure he "cares" at this point what the PPS is...because IF what he claims to be is in deed true? If it's at .1 or 10.00...it will be reset to what "they" feel is the amount it should be...after that...then the "damage" control would need to be "kicked" in. Right now? Rufas doesn't want you holding his stock if you are simply waiting for the reset to dump for a quick buck...he wants those that believe now and that will continue to believe after the reset...
I'm with Wally on this...my shares are "free shares"...anyone thinking of getting in...or thinking of holding...it's all a chance..and right now...there is no way to VERIFY squat...all we can do is "speculate". I'm not going to attempt to convince anyone one way or the other...Everyone protect their capital...and don't play with $ you can't loose...IMO.
GLTA!
[ September 03, 2006, 15:37: Message edited by: 10of13 ]
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Regarding the C/D, there are just too many holes in it. People have picked it apart with their DD, the domain was created just a couple days prior, there's wrong info on it, the email address points to a mail server being hosted by Network Solutions with no replies, the phone number was reported as going to some lady's cell phone that didn't have a clue what was going on, the domain registrar shows only a 1 year subscription (the minimum requirement for reserving a domain).
The whole thing just smells bad and I'm not going to accept for anything but a FAKE!
And unless you work for NASD or the SEC, you have no way on your own to come up with current data. Whatever you do, don't trust that hack ex-broker at buyins. He is paid $995 to list a company on his website.
The pumpers are working hard to help the longs lose even more money. They are worse for this stock than ANY so-called "basher"
is not for 8-24.. that is just the date it's sent out... the actual date is for 8-15....
here's where it gets even more interesting tho.. this number is reported short interest by brokers...
what broker is going to report their own naked shorting?
that's crazy....
this is a report that the brokers file... they MUST have the shares located to short, and if they admit they have shorted without located the shares? they are jsut asking for trouble...
the situation on this stock appears to me to be reaching critical mass...
no! i a not saying it will go up in price..
that would require more buyers than sellers..
guys like serfdom *should* know this stuff since they've been around for along time....
something has truly become unhinged in quite a few people over this stock...
why is it so difficult for people to accept that you or any company could raise funds using bonds as colateral? it's not rocket science... the bashers have moved across every possible weak spot in the company, and i'll grant you there are weak spots, but they haven't been able to accomplish whatever their goal has been yet...
remember, the only way a short squeeze can happen is if there are more buyers than sellers...
-------------------- 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
So in this Paltalk conversation - any mention of our 10k and reset coming sooner than later???
Posts: 551 | From: FL | Registered: Apr 2006
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posted
and didn't someone say they were gonna set up a stockholder message board on the CSHD website where company "officials"could respond to shareholder questions and comments?
Posts: 551 | From: FL | Registered: Apr 2006
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maybe some of these shorts will cover and the plan can finally move forward? i would like this thing to get settled so i can go ahead and write the whole thing up...
they say truth is stranger than fiction? this one PROVES it
-------------------- 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 trade it just might..
maybe some of these shorts will cover and the plan can finally move forward?
My feeling is that Our-Street and Roddy Boyd are all working with the shorts. They are all a bunch of scumbags looking to knock the pps down and thanks to scared sellers it worked on Friday. Now all the human wastes over at IHUB aren't helping thanks to their poor due diligence. Bottom line is the letter holds no merit, NY Post Roddy Boyd posted wrongful and negative information, but the bad rumors are creating a disease of fear among investors. We'll see what happens on Tuesday. Perhaps Rufus might issue an update to shareholders to maintain credibility. Lets hope the MMs know that last week's information was purely untruth and misleading but then again, what do they care they are the main short sellers.
-------------------- Rule 1: Always Protect Your Capital Rule 2: Earn slow, Don't lose fast Posts: 457 | From: Miami, Florida | Registered: May 2006
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posted
hey, thanks trade. you know i am holding ... last week, this week.. probably for a few weeks at least.
does that bother you? it sure seems to!
--------------------------
anywayz, i listed to the paltalk convos. the call to rufus and the one to mensa.
my opinion:
rufus made a deal about a year ago to take advantage of the AISS biz plan presented to him by Mensah. AISS is the brainchild of Mensah, who is clearly an innovator, but who doesn't seem to have funding breaking down his door.
along comes someone hooked up with "chris young" ...Georgia Chief of Protocol. with chris's connections and Mensah's knowledge they can secure government contracts and save the world.
and rufus says ok, and we will fund it. and so, they would all live happily ever after and make their millions.
only after proceeding in one direction - planning to go public via one avenue - a new and better opportunity comes along in the form of an available shell, and rufus decides to proceed down that avenue.
only that takes a lil more time. and clearly, mr mensah wants his money.
mensah's tone in the convo obviously shows his annoyance that rufus has posted mensah's biz plan for AISS on the CVSU.us website before his money has been received. maybe cuz he has been trying to get this funding for so long, and he's yet to get it.
his empty threats in the phone convo of "we are the only credible group" and "i control the stock, we have 125 million shares, 100 mil in common stock and 25 mil in restricted stock" and imploring people to call him directly to buy AISS stock... or at least to push Rufus into giving him his money. several times he pleads over the phone for shareholders to please push Rufus to pay up on the AISS deal.
it reads to me as a man who wants money. as a matter of fact, he answers almost every question with the insinuation that it'd all be fine if rufus would just give him his money.. 50 million. or he'd take 20 million for now, he says.
clearly, he just wants his money!
and he says if rufus doesn't pay up, he's out and mensah will bring AISS elsewhere. after all, he's been waiting a year. well, um, if he doesnt want to wait then if he really has full control over AISS then why doesnt he just bring it elsewhere???
oh, right, cuz they need that protocol guy chris young to actually secure the contracts. cuz a bunch of knowledge without connections to secure contracts is, well, nada. and it seems that mr mensah ain't got the connections.
Rufus's answer? in his brief convo on a holiday weekend via his cellphone, he takes the time to tell shareholders that Mensah is freaking out "cuz all the AISS people want CSHD stock, not AISS stock."
Well, mensah never did answer the question and put a value on his 125 million shares of company stock. it was asked, what- 3 times? what is the value of your stock? perhaps that's cuz no one has given him money yet.
but if you call him directly, i'm sure he'll take your$
this all reeks of greed & impatience from people who are anxiously awaiting the completion of a deal so they can have their...
moneymoneymoney!!!
oh- and Mensah admits that he hasn't given rufus 1 single share of AISS stock yet. um, well he also has no captital.
so if Rufus walks away from AISS, they have nothing but an unfunded biz plan and Rufus has... umm..... half a billion dollars in collateral?
sounds to me like a few people are unsuccessfully trying to play hard ball with ballsy Rufus.
posted
meanwhile? there's these people that were (mistakenly) *just positive* Rufus would be doing a reverse split so they shorted in anticipation of it.... only to discover alittle while later? that Rufus doesn't NEED to RS... now? they are not so sure they can cover the short since the RS ain't there...
and they are willing to say *ANYTHING* to get in a position to cover without losing the ranch...
-------------------- 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
thx tax and thx portman for sharing the recording! i had no idea what had been said til i listened...
i dont think mr mensah does much along the lines of finance.
he didnt seem to realize that being the sole owner of 125 million shares of no-value stock isnt such a good thing... and perhaps he shouldnt be advertising that rightaboutnow.
you know, sleep shouldnt be a luxury. owning a great mattress shouldnt be either.... get to macy's y'all heah.
posted
Hey all, great DD this weekend!!! I've been checking in to follow the latest. BTW is there a link to the recent recordings that I could get ahold of them? I'd love to listen for myself. Thanks, Happy Sunday! Ima Oh and congrats BB. Don't ever watch TV but I'm sure Macy's bissness is going to double or triple... humm... maybe we should all buy Macy's stock and get rich!!!
-------------------- learnin as I go. Posts: 582 | From: Iowa, Michigan, North Carolina, Israel | Registered: Jul 2006
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posted
BB; Very interesting scenario. I have been wondering this weekend about all of the developements, what with OurStreet, the NY Inquirer, I mean Post, Canady's alledged C&D and confirmation then retraction also the fact he would even respond to a quasi news outlet that has ripped him and his companies in the past, Mensah being so available late on a Friday night of a Holiday weekend poring out information to people he has never met. It's all so bizarre. I guess some people wanted this to be an active weekend instead of the calm and quiet we all expected.
Some ask why hasn't Rufus put out a PR. DUH! Saturday or Sunday of a holiday weekend isn't exactly an optimum time to do this, also it would give creedence to those attempting to divert his attention from the matters at hand.
As Glassman has stated this is a very interesting play. There are a lot of subtleties look for nuisances because nothing is as it seems.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
Tex, according to Mensah's statements the 'deal' is there, but the AISS 'business plan' outlined on the cvsu.us website is something he wrote... and until he gets the money promised by Rufus to fund it, he says there is no 'deal'. I imagine tho, if he really had that much power in the deal, he would, well, pull his end if he wasnt happy. which he hasnt done, nor did he make any inference that he would do so.
he sounded like he really wanted the deal to be fine, and that the deal was fine, but he was frustrated with waiting for the funding.
kinda like a kid waiting for santa who tries to stay up but knows santa wont come til he goes to sleep
hey wally, i totally feel those calls were genuine, and that really was Mensah. he really really really seemed to want the attention, wanted to make sure we knew it was him...
i think he really wants to be a part of the 'in crowd' but he's more of an employee, the brains they need to do the work but not the bux behind the deal.
so if they were trying to find someone to complain, they found him.
he just wasnt a significant piece of the pie, so it meant nada to me.
im sure there is some kind of agreement in place that gives Rufus x amount of time to fund the project. and it seems that Mensah is getting ancy.
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