"given that interpretation--which makes sense to me, but I'm not up on all the ins n outs--are we not right back to option a), b), and c)...in which option a) is to do nothing?"
Technically yes. However, Rufus has gone on record stating that option "C" is what it will be.
This does bring up an interesting point. What if they didn't reset the price and let the market determine but did prove a book value of $43. Would there be a selloff of a buying frenzy. Just something to think about on a slow night.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by wallymac: Posted by TEX
"given that interpretation--which makes sense to me, but I'm not up on all the ins n outs--are we not right back to option a), b), and c)...in which option a) is to do nothing?"
Technically yes. However, Rufus has gone on record stating that option "C" is what it will be.
This does bring up an interesting point. What if they didn't reset the price and let the market determine but did prove a book value of $43. Would there be a selloff of a buying frenzy. Just something to think about on a slow night.
GLTA Wally
if somebody will buy at $43 , i would like to know who that one "would be"?????
SELLOFF i guess
[ September 17, 2006, 00:49: Message edited by: dollar13 ]
Posts: 4112 | Registered: Jun 2006
| IP: Logged |
quote:Originally posted by wallymac: Been reading through the last few pages and would like to point something out. The only reset that has been mentioned in PR's or filing's is $15. Pr's and Rufus have mentioned "NEW BOOK VALUES" which are higher but I have yet to see anything in print that states any number other than the $15.
Go back and look at the PR concerning the last bond dated Aug 18.
"'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."
That reset value does not include the 1 Billion dollar bond. So you can double it, and come close to the value Rufus stated of $54.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
quote:Originally posted by wallymac: Been reading through the last few pages and would like to point something out. The only reset that has been mentioned in PR's or filing's is $15. Pr's and Rufus have mentioned "NEW BOOK VALUES" which are higher but I have yet to see anything in print that states any number other than the $15.
Go back and look at the PR concerning the last bond dated Aug 18.
"'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."
That reset value does not include the 1 Billion dollar bond. So you can double it, and come close to the value Rufus stated of $54.
If I'm following the thread, though, this is *not* verifiable, i.e. "double-checkable" through "printed" statements from the company. Am I reading that right?
quote:Originally posted by wallymac: Been reading through the last few pages and would like to point something out. The only reset that has been mentioned in PR's or filing's is $15. Pr's and Rufus have mentioned "NEW BOOK VALUES" which are higher but I have yet to see anything in print that states any number other than the $15.
Go back and look at the PR concerning the last bond dated Aug 18.
"'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."
That reset value does not include the 1 Billion dollar bond. So you can double it, and come close to the value Rufus stated of $54.
If I'm following the thread, though, this is *not* verifiable, i.e. "double-checkable" through "printed" statements from the company. Am I reading that right?
Look at the pr that was issued by cshd on aug 18. Read it, and you'll find the quote I supplied.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
posted
"'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."
I did read it. It says a new justifiable price of 25.83 not a reset to 25.83. And it states clearly that the exact number will be in the SEC filing. It's a bit different. The devil is always in the details.
I'm not saying it won't happen. Just attempting to curb the speculation that now has the reset at $86.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by wallymac: "'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."
I did read it. It says a new justifiable price of 25.83 not a reset to 25.83. It's a bit different. The devil is always in the details.
I'm not saying it won't happen. Just attempting to curb the speculation that now has the reset at $86.
GLTA Wally
then rather than trying to negate all statements made by Rufus to find a way to deal with this past pr, why not just realize that the reset price in this last pr reflected only fhal's O/S and did not consider the combined O/S of fhal and cvsu. the $54 dollar reset is the last known valid reset price made by Rufus that considered the combined share count of fhal and cvsu.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
posted
Spector, you are completely missing my point. $54 was not stated in any PR as the reset amount. In fact it has been stated that the reset number will be in the 10K. Why do we have to jump from $15 to $54. Isn't $15 enough to create interest? Heck I remember when the $15 first came out and many people felt if the number had been lower, say $7.23 the buying would have continued but because the number was so high people immediately became skeptical.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by wallymac: Spector, you are completely missing my point. $54 was not stated in any PR as the reset amount. In fact it has been stated that the reset number will be in the 10K. Why do we have to jump from $15 to $54. Isn't $15 enough to create interest? Heck I remember when the $15 first came out and many people felt if the number had been lower, say $7.23 the buying would have continued but because the number was so high people immediately became skeptical.
GLTA Wally
He is the CEO, and when he speaks as an officer of the company, his words are just as valid as a pr. there is no difference between them. Rufus has stated as a company official both via pr's 8-k's and verbally that they keep adding assets which allows them to continue upping the reset price.
Is that really a bad thing to you? I am missing why you seem to want to make it go away.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
posted
wait I think I just saw it. You are worried about the "believablity" of the actual reset price, that somehow it's going too high to be believed.
Well seems to me it's inline with the original $15. The math is exactly the same, the only difference is, the assets keep growing.
Read their website. they intend to fund JV's in the 100 million dollar range. You cant fund very many when all you have is 500 million can you. So in order to be a big time holdings company that funds 100 million dollar corporations, you need big time holdings. And they are doing just that.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
posted
No I'm not trying to make it go away. I think you are mistaken as to verbal statements, PR's and SEC filings. Pinksheets companies, which I know this is not one, put out PR's all the time that skirt the truth(Being nice here), the difference has always been if it's in an SEC filing it has more merit. Like is stated the number will be released in the 10K.
I'm not trying to make anything go away. Just that people should calm down when asked what the reset is. I really don't see that as a bad thing.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by wallymac: No I'm not trying to make it go away. I think you are mistaken as to verbal statements, PR's and SEC filings. Pinksheets companies, which I know this is not one, put out PR's all the time that skirt the truth(Being nice here), the difference has always been if it's in an SEC filing it has more merit. Like is stated the number will be released in the 10K.
I'm not trying to make anything go away. Just that people should calm down when asked what the reset is. I really don't see that as a bad thing.
GLTA Wally
If Rufus says $54 is the reset number and you say it's not to be believed, then you are saying Rufus is lying basically.
There really is no other way to put it.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
quote:Originally posted by sceptor: wait I think I just saw it. You are worried about the "believablity" of the actual reset price, that somehow it's going too high to be believed.
Well seems to me it's inline with the original $15. The math is exactly the same, the only difference is, the assets keep growing.
Read their website. they intend to fund JV's in the 100 million dollar range. You cant fund very many when all you have is 500 million can you. So in order to be a big time holdings company that funds 100 million dollar corporations, you need big time holdings. And they are doing just that.
I am not new to this stock and have done extensive DD on it. I also participate on a regular basis with others on this thread who have done their DD. We know what the deal is all about. THe Subs and the JV's.
What is so hard to understand about me warning of statements based on speculation could lead to disappointment. Just being cautious.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
posted
whats wrong with understanding that you are stating Rufus is lying because his statements and pr's are not to be believed? Well I dont know, you tell me.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
quote:Originally posted by wallymac: No I'm not trying to make it go away. I think you are mistaken as to verbal statements, PR's and SEC filings. Pinksheets companies, which I know this is not one, put out PR's all the time that skirt the truth(Being nice here), the difference has always been if it's in an SEC filing it has more merit. Like is stated the number will be released in the 10K.
I'm not trying to make anything go away. Just that people should calm down when asked what the reset is. I really don't see that as a bad thing.
GLTA Wally
If Rufus says $54 is the reset number and you say it's not to be believed, then you are saying Rufus is lying basically.
There really is no other way to put it.
Enough. Now you twist my words. Last response I have for you until you can calm down and stop trying to find fault with any comments that don't nominate Rufus and this company for sainthood.
We are all here doing our best to provide each other with DD and opinion based upon the facts we have. No One. Not one of us yourself including can state for a fact what will happen. We all are in the same position, patiently awaiting the 10K and final outcome.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
you stated that "Pinksheets companies, which I know this is not one, put out PR's all the time that skirt the truth(Being nice here)"
and you also stated "What is so hard to understand about me warning of statements based on speculation could lead to disappointment"
If we cant believe Rufus's statements or pr's because he is (or may be) skirting the truth, then he is (or may be) lying. There is no twisting of words.
there is no other way to say it, either you think the guy is lying or you dont. I dont have any issue with you feeling that way at all. It's your choice to make.
I personally think he's allowed to make statements as a company official and be taken for his word until proven otherwise. So far he's not been proven otherwise when it comes to determining the reset price.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
quote:Originally posted by sceptor: I am not upset at all.
you stated that "Pinksheets companies, which I know this is not one, put out PR's all the time that skirt the truth(Being nice here)"
and you also stated "What is so hard to understand about me warning of statements based on speculation could lead to disappointment"
If we cant believe Rufus's statements or pr's because he is (or may be) skirting the truth, then he is (or may be) lying. There is no twisting of words.
there is no other way to say it, either you think the guy is lying or you dont. I dont have any issue with you feeling that way at all. It's your choice to make.
I personally think he's allowed to make statements as a company official and be taken for his word until proven otherwise. So far he's not been proven otherwise when it comes to determining the reset price.
Scepter,calm down bro,remember don't fall in love with any stock.As much as we want all this to be true but CSHD is still a penny stock and yes this one has no exception from any others penny stock.i can only verified the 25 dollar from CSHD PR Wally is right...Scepter you honestly believe the 54 dollar that rufus post on IHUB is true? that's just a post..man i'll be happy if this get to 5 buck..
Posts: 158 | From: Phila,PA | Registered: Mar 2006
| IP: Logged |
posted
LOL last time, I am not upset nor am I excited. You all need to simply read the posts. Wally thinks the $15 claim is valid, but thinks the rest are what exaggurations? lies? truth skirting? Heck be honest if you think the guy is lying then say it, no need to conceal it or to "skirt the issue". Everyone is allowed an opinion.
Do I believe the $54?
Well do you believe the $15? Do you believe the $25? They were both derived the same way, (assets / outstanding shares) x 2.
If you believe the $15 and $25 could be valid numbers (or even just the $15 for that matter), then it's it's not really hard to add another billion dollars into the assets, and get $54. Try it, you'll see the same math will get you there.
Posts: 440 | Registered: Jul 2006
| IP: Logged |
quote:Originally posted by 10of13: Tex, those links are not what Portman was talking about...(I don't think) I am assuming that subpenny was going to place another phone call...but not sure...
You are right 10. New call that was to have happened Saturday (yesterday).
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
| IP: Logged |
posted
Final price reset only valid if supported by the financials of the 10K... so it's wait and see.
I understand Rufus's target, I've seen his comments as well.
He gets overzealous and hopeful at times....spouts off at the mouth.
He was off target with his time frame as well.
It would not help to over price the company at reset as it will drop like a rock. That would not instill confidence and the market may not continue to support his company. He does not need another uphill climb. Slow and steady still works best, unless you are a pink... which this company does not seem to want to be.
The future is a stable company that has good cash flow and successful JV's.... which are still a wait and see because we have not seen one contract yet. We have only speculated what the future business will be. We have not seen one contract or verifiable business plan.
Rufus has promised us a 10K. So far, I believe it will be coming. Not just because of the SEC documents, but also because of the actions that other institutions have taken, and the way the MM's manipulate the market on a daily basis. I hope to be able to read a 10K soon... then take it from there. Everything else is pure speculation and a little bit of wishful thinking that pacifies us as we wait for the 10K in this storm of bashing.
Facts do not lie.... we do not have all the facts yet.
We all want this to be successful, but at what level is yet to be determined.
Let's leave it at that.
[ September 17, 2006, 09:15: Message edited by: dog ]
All this talk of 45, 54, 84, 64... is interesting but after thinking about it if you get in at $1, then your talking about 4500%, 5400%... gains if it gets to any of those numbers i would be happy
-------------------- This is the start of something big Posts: 242 | From: Michigan | Registered: Apr 2006
| IP: Logged |
posted
Anything other than what the ticker says is pure speculation.
Do I believe there is strong potential for the reset to be $15 or higher? Yes.
Is my expectation of reality much lower? Yes.
Do I want to be wrong? Yes!
I am less sceptical of CSHD now than I was weeks ago. I have enjoyed the ride and the experience. We may still lose but the degree to which Rufus and his team have executed has been very good to date.
I also think there are two distinct camps here. One that believes in some sort of reset and a run to greener pastures and another who think they will score big when this collapses.
For now I side with the longs.
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
| IP: Logged |
posted
It would be great if Rufus reset it at $15....that way if the company is valued at some ridicolous number like $41 book value he states, we wont crash, as institutions will be buying as we sell
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
| IP: Logged |
quote:Originally posted by stocktrader22: It would be great if Rufus reset it at $15....that way if the company is valued at some ridicolous number like $41 book value he states, we wont crash, as institutions will be buying as we sell
now that would be genius...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
quote:Originally posted by stocktrader22: It would be great if Rufus reset it at $15....that way if the company is valued at some ridicolous number like $41 book value he states, we wont crash, as institutions will be buying as we sell
now that would be genius...
I think that is what we will see to be honest. Think about it, Rufus hypes up the book value of the company and how it could be reset at double the value...around $82. Then he resets the price at $15....institutions buy it up like crazy because they believe its worth at least double the price, as many of us who got in at a $1 or less are selling.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
| IP: Logged |
quote:Originally posted by stocktrader22: It would be great if Rufus reset it at $15....that way if the company is valued at some ridicolous number like $41 book value he states, we wont crash, as institutions will be buying as we sell
If that's the case.... I know I won't be selling.... ride it up baby... institutions and shorts needing to cover... awesome.
quote:Originally posted by stocktrader22: It would be great if Rufus reset it at $15....that way if the company is valued at some ridicolous number like $41 book value he states, we wont crash, as institutions will be buying as we sell
If that's the case.... I know I won't be selling.... ride it up baby... institutions and shorts needing to cover... awesome.
Wouldn't it make the most sense to you though? Instead of resetting at $82 and praying it doesnt drop like crazy
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
| IP: Logged |