posted
somebody stepped in at about 1$ and started buying more shorts as they appeared on the market...
that has held fairly steadlily for almost a month and it totals out to at least 15 million shares...
this play is the most amazing play i have seen ...
(other than the ones i got 10 baggers and up on ) if the heavy bashers like stock and sourstreet convinced enough retail shorts to buy out the MM's shorts? the play will come sooner..
Rufus can't just put the screw on the MM's, it's not good business... somebody else has been shorting, the tough question is how much have the MM's gotten rid of?
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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Good Read! Anyone have the answers to the questions raised in the ****? We know the CVSU was privetly traded and FHAL public - how hard would it have been for CVSU to go public vs this whole FHAL to CSHD transaction?
This guy does make some pretty good points. Anyone able to refute it?
As I have said before... there is nothing in this article that could not have been solved by a phone call to Rufas. Problem is he is trying to be some journalist but is doing nothing but reporting questions. Questions that we are all aware of and anticipate will be in the 10K. As for the is it cheaper to go public through a reverse merger? Kind of a stupid question. Of course it is but if you think it is less trouble, "Look around!"
the correct term for it is "subtle bashing".
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posted
Goodnight everybody, I'll be watching the PR newswire closely and level 2 even closer. I don't believe we'll see a selloff at all, but very low volume and MMs playing mind games. Even if it dips it will just be head fakes. Don't get fooled by the MMs.
-------------------- One risk I enjoy: daytrading stocks
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posted
In reading through the 8K and agreement. A irrevocable trust was set up to handle the bonds from the HSWF. Once set up it cannot be modified or cancelled by the grantor(HSWF) without the consent of the Trustee, in the case the trustee is RUFUS.
Exhibit A
If recorded, mail to:
125 TownPark Drive Suite 300
Kennesaw, Georgia 30144
Attention: Board of Trustees
DECLARATION OF TRUST
THIS DOCUMENT IS CREATED UNDER THE COMMON LAW RIGHT OF CONTRACT
DATED: August 12, 2006
252455770-08122006-LBH Trust
A Trust Organization and/or Pure Trust executed under The Constitutional Laws of the United States of America
DECLARATION OF IRREVOCABLE TRUST ALIGN="CENTER"> 11
This Declaration of Irrevocable Trust is created today Saturday, August 12, 2006 between Humanitarian & Scientific World Foundation, LTD hereinafter called the SETTLOR and Conversion Solution, Inc., hereinafter called Trustees, Who are legal entities holding full title, not as individuals, but collectively as the board under the name of
252455770-08122006-LBH Trust
And to collectively act as herein set forth and according to the inalienable Common Law rights afforded to men. .
FIRST
The SETTLOR hereby irrevocably assigns, conveys and gives to the Trustee, in Trust, the following asset;
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code:
010924251
ISIN:
XS0109242510
BB Number:
EC2377199
SECOND
The Trustee shall receive and hold said property, together with any additions hereto in Trust for the use and benefit of the Trust Certificate Holders.
Certificate #1 for 50% to Humanitarian & Scientific World Foundation, LTD
Certificate #2 for 50% to Conversion Solution, Inc.,
THIRD
This Trust shall be irrevocable and amendable by appropriate Minute and approval of the Board of Trustees. We hereby affirm that the Trust created by this agreement shall be irrevocable by the SETTLOR or by any other person or entity. It being the intention of the SETTLOR to make to the Beneficiary (ies), the Holders of the Trust Certificate units, an absolute investment of the asset described in paragraph ONE, above. There shall not be more that 2 Trust Certificate Units in this Trust available to the Beneficiary (ies). This Trust shall continue for a term of Contract Number 252455770-08122006-LBH from the date of acknowledgment. Thos Trust shall also be renewable, if renewed prior to its termination. ALIGN="CENTER"> 12 http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001297077%252D06%252D000058%252Etxt%26filepath%3D%255C2006%255C08%255C23%255 C&symbol=CSHD
irrevocable trust Definition
A trust which cannot be changed or canceled once it is set up without the consent of the beneficiary. contributions cannot be taken out of the trust by the grantor. Irrevocable trusts offer tax advantages that revocable trusts don't, for example by enabling a person to give money and assets away even before he/she dies. opposite of revocable trust.
Irrevocable Trust What does it Mean? A trust that can't be modified or terminated without the permission of the beneficiary. The grantor, having transferred assets into the trust, effectively removes all of his or her rights of ownership to the assets and the trust.
This is the opposite of a "revocable trust", which allows the grantor to modify the trust.
Investopedia Says... The main reason for setting up an irrevocable trust is for estate and tax considerations. The benefit of this type of trust for estate assets is that it removes all incidents of ownership, effectively removing the trust's assets from the grantor's taxable estate. The grantor is also relieved of the tax liability on the income generated by the assets. While the tax rules will vary between jurisdictions, in most cases, the grantor can't receive these benefits if he or she is the trustee of the trust.
The assets held in the trust can include, but are not limited to, a business, investment assets, cash and life insurance policies.
quote:Originally posted by glassman: if the heavy bashers like stock * and sourstreet convinced enough retail shorts to buy out the MM's shorts? the play will come sooner..
Rufus can't just put the screw on the MM's, it's not good business... somebody else has been shorting, the tough question is how much have the MM's gotten rid of?
ohhhhh! something just clicked... right, one shorted lower, but the other shorted higher.
so the one traded their panties for the other's shorts and now they gonna lose their pants and be wearin skirts!
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posted
either you are passive agressive, or subtle. at least that's what i thought the 1st time u posted
what brings ya to the board at midnite on a holleeday for your 3rd-ever post 4T3?
~BB
quote:Originally posted by driver4t3: dollar 13 made a post, thought he was helping, you guy's call him a basher, WOW, defensive, who is bashing who ......
quote:Originally posted by dollar13: I CAN'T BELIEVE THAN WHEN I POST A LINK FOR INFO
"EVERY BODY START CALLING ME BASHER"
LMAO
Ahhhh..my favorite guy...the link that you post has already been ask by me and everyone else who's bought in since when it ran from .16 - 1.60.Now the question is do you believe CSHD will reset its price to 25$?
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quote:Originally posted by betting babe: either you are passive agressive, or subtle. at least that's what i thought the 1st time u posted
what brings ya to the board at midnite on a holleeday for your 3rd-ever post 4T3?
~BB
quote:Originally posted by driver4t3: dollar 13 made a post, thought he was helping, you guy's call him a basher, WOW, defensive, who is bashing who ......
9:15 on the west coast, I do spend time on the boards, briefing over information, I hold an o.k. stake in cshd, waiting, not wondering, just checking in from time to time..
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quote:Originally posted by betting babe: either you are passive agressive, or subtle. at least that's what i thought the 1st time u posted
what brings ya to the board at midnite on a holleeday for your 3rd-ever post 4T3?
~BB
quote:Originally posted by driver4t3: dollar 13 made a post, thought he was helping, you guy's call him a basher, WOW, defensive, who is bashing who ......
9:15 on the west coast, I do spend time on the boards, briefing over information, I hold an o.k. stake in cshd, waiting, not wondering, just checking in from time to time..
well now that his entry fee has been declared the bashing shouldnt be too far behind. LOL
quote:Originally posted by driver4t3: dollar 13 made a post, thought he was helping, you guy's call him a basher, WOW, defensive, who is bashing who ......
Dollar13 (I mean driver4t3) hows the weather out west?? I hear southern California is getting drenched from leftovers of Hurricane John, LOL
BTW dollar how's USXP doing?????
-------------------- Rule 1: Always Protect Your Capital Rule 2: Earn slow, Don't lose fast
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quote:Originally posted by driver4t3: dollar 13 made a post, thought he was helping, you guy's call him a basher, WOW, defensive, who is bashing who ......
Dollar13 (I mean driver4t3) hows the weather out west?? I hear southern California is getting drenched from leftovers of Hurricane John, LOL
BTW dollar how's USXP doing?????
weather here, sacramento valley has been perfect, not sure about southern cal. nice place to be this long week-end though, at the races on saturday. Good luck to us all in tomorrow.... been holding this stock since .087, looking for a new entry for additional shares..........
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I'll work up supp/res numbers for people who may try to buy more today. From surfing different boards though I don't get the feeling that a huge fast sell off will happen. Most talked about buying on a dip "if" that happened...
So, I think today will be a slow day, I myself, I'm still long and going to sit tight, still the same stock and the same deal and I haven't been able to talk myself out of any shares yet.
So, let's see what today brings after the first 5-10 minutes, after those panic sells go through we'll see where we are going, which I believe will be sideways, and yes, it may work itself down slowly with lack of updates, but it's still the same stock...
I'm still LONG
Still with ya Rufus, and hoping for a "polished" 10k soon ~
posted
Excellent post indeed Wally on the irrevocable trust. Sometimes it just takes a little going back and reading over these documents to make sense out of chaos.
All the good DD this weekend was an amazing counter attack against all the bashers. The letter was fake, OurStreet loses even more credibility and the NY Post is running neck and neck with the Enquirer for best tabloid magazine.
GLTA today
-------------------- One risk I enjoy: daytrading stocks
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posted
Yes...agreed Wally...I posted the same info a couple of days ago...the way that i read it...HSWF can't "take the trust away"...I recall hearing Rufas say.."ya'll need to read"...let's see what the week brings...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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posted
Without reading back through hundreds of post can someone verify the following?
I read the 10K's need to be issued 90 days following a company's fiscal year end...According to the form 10-QSB dated 5/12/06 Furia/CSHD fiscal Y.E. is 6/30/06. That being said, am I correct in assuming we should get the 10K by 9/30/06 at the latest?
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quote:Originally posted by Stockstar69: Without reading back through hundreds of post can someone verify the following?
I read the 10K's need to be issued 90 days following a company's fiscal year end...According to the form 10-QSB dated 5/12/06 Furia/CSHD fiscal Y.E. is 6/30/06. That being said, am I correct in assuming we should get the 10K by 9/30/06 at the latest?
i would think so! and if they need to they could file for an extension
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Our-Street.com: Our-Street.com receives copy of Cease and Desist Order terminating $1.328 Billion in Conversion Solutions Holdings Deposits
By M2 Last Update: 9/5/2006 8:25:44 AM Data provided by
KENNESAW, Ga., Sep 05, 2006 (M2 PRESSWIRE via COMTEX) -- Our-street.com, a financial watchdog website has received, from a third party, a copy of a Cease and Desist Order dated August 31, 2006 by the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation toward Conversion Solutions Holdings (OTCBB CSHD). The Order terminates the previously announced deposit of two financial instruments totaling over $1.328 Billion into Conversion Solutions' account. In addition to claiming Conversion Solutions failed to provide agreed upon credit facilities, the order also accused Rufus Harris, Conversion's CEO, and the company of "a potential attempt to deceive our organization."
According to an article in the New York Post, a spokesperson for the Fund acknowledged the order and confirmed that the relationship between Conversion and the Fund is over. An email received by Our-Street.com from the Fund further indicates that Mr. Harris is aware of the situation and is attempting to make amends to the Fund.
The Cease and Desist order can be read at http://www.our-street.com/featured.htm Our-Street.com is an internet based public company watchdog that researches companies and publishes reports and files complaints with various regulatory agencies. Our-Street.com has reported on 22 companies and, of these, to date, it has been subsequently revealed by at least 12 of these companies or other sources that the company or people named in the Our-Street.com complaints were the subject of an SEC investigation or inquiry.
Note: Our-street.com is not a financial or investment advisor and is not offering stock for sale or giving investment advice. For investment advice contact a non-conflicted registered investment advisor or non-conflicted broker. The best place to get information about a company is from the SEC. Specific information about Conversion Solutions, Inc can be gotten by using this link http://www.sec.gov/cgi-bin/browse-edgar?company=furia&CIK=&filenum=&Stat e=&SIC=&owner=include&action=getcompany
Neither Our-Street.com nor its owner has or has had a position, either long or short in FHAL. Our-Street.com has not been paid or compensated in any way to conduct the research and file this complaint. In fact we do not trade stocks at all. For more information refer to our disclaimer at www.our-street.com/disclaimer.htm . Our-Street.com strives to be accurate and will promptly correct any errors in posted information. Simply email us with any corrections along with documentation.
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and sourstreet convinced enough retail shorts to buy out the MM's shorts? the play will come sooner..
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