quote:Originally posted by Mr. CATIAEngineer: Dear Out of line,
Several people on the board actually asked Doc some straight questions which he WOULD not answer. IMO the good Doc IMd Glass and hoped he would pass something on for him because Glass has history here. I was concerned about how he was going on about the officers and how they are likely criminals. I asked for facts from him, as in many other cases he ignored it. Then, as tension grew, yes...it got a bit heated and some of us took offense.
But, on to you. Everything i said to Doc and everything else on this board has been done through the login everyone knows. I dont sign out and sign back in because i have something stupid to post. I'll post my stupidity with pride. Although most of us do hide behind a nickname here at least we stick by that name. Now, you come in here with your opinion like some sort of knight in shining armor but no...no no no, you are wearing a guise not armor.
I expected a lot this weekend but i never expected to wake up to this crap. If you feel we were in the wrong then face up to it. You may be someone i know, and hey maybe ill even be surprised but until i know for sure ill just be cautious of you instead.
And FWIW. I WILL be surprised if you get any apologies for the Doc using this strategy.
We are all entitled to our opinions, and I'm not going to get into a fighting match. I made my point and I'm sticking with it. Your response confirms that it was best to post this under another name. You are entitled to your opinion and I don't have a problem with that. I just felt that this guy was attacked and was knocked pretty far back on his heels. After you had him down, you kept attacking. It was ugly to watch. This will be my last post because my intent was simply to make my point, not argue about it. Like I said, we all have our opinions about it. If you're comfortable with how he and other are treated, then fine. At least I've created an awareness. Based on the e-mails I received yesterday, and now the ones today under this name, at least I know that I am not alone in my opinion. Good luck on this stock!
Posts: 4 | Registered: Sep 2006
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3 freaking pages filled with, he said, she said blah, blah, blah. If you still doubt this company now, I would suggest selling and using the money to go buy some sense. Good gosh people, how much PROOF does the company have to issue. Portman, your post was right on the MONEY. As for Doc, and Neptune, by WASTING time arguing with you guys, we can not focus one what's important.(8k/a) BTW: Wally great post on the ownership of the bond, I thought that I'd read that when I read Neptunes post. Doniboy, yes this is a cult, so pull up a chair and enjoy your "special" kool aid. Glass, if you care to share your opinion on the 8k/a it would be greatly appreciated. Talk to y'all later.
quote:Originally posted by Mr. CATIAEngineer: Dear Out of line,
Several people on the board actually asked Doc some straight questions which he WOULD not answer. IMO the good Doc IMd Glass and hoped he would pass something on for him because Glass has history here. I was concerned about how he was going on about the officers and how they are likely criminals. I asked for facts from him, as in many other cases he ignored it. Then, as tension grew, yes...it got a bit heated and some of us took offense.
But, on to you. Everything i said to Doc and everything else on this board has been done through the login everyone knows. I dont sign out and sign back in because i have something stupid to post. I'll post my stupidity with pride. Although most of us do hide behind a nickname here at least we stick by that name. Now, you come in here with your opinion like some sort of knight in shining armor but no...no no no, you are wearing a guise not armor.
I expected a lot this weekend but i never expected to wake up to this crap. If you feel we were in the wrong then face up to it. You may be someone i know, and hey maybe ill even be surprised but until i know for sure ill just be cautious of you instead.
And FWIW. I WILL be surprised if you get any apologies for the Doc using this strategy.
We are all entitled to our opinions, and I'm not going to get into a fighting match. I made my point and I'm sticking with it. Your response confirms that it was best to post this under another name. You are entitled to your opinion and I don't have a problem with that. I just felt that this guy was attacked and was knocked pretty far back on his heels. After you had him down, you kept attacking. It was ugly to watch. This will be my last post because my intent was simply to make my point, not argue about it. Like I said, we all have our opinions about it. If you're comfortable with how he and other are treated, then fine. At least I've created an awareness. Based on the e-mails I received yesterday, and now the ones today under this name, at least I know that I am not alone in my opinion. Good luck on this stock!
No, my post does not confirm anything. Some other posters atually did speak up a bit for the Doc and they were not blown out of the board. Im not irritated because you backed the Doc. Im irritated because you claim to be a known member of the board but hide behind another login to get a point across. Your point would have held much more weight if you had used your own login name. As a member of this board you should have anticipated that people would not trust someone in disguise.
Im NOT saying that im comfortable with everything that was posted. But, if there was a time that i wanted to make a point about it i wouldnt have created a new account to post it.
You added to the drama, nothing more.
Posts: 2308 | From: Michigan | Registered: Jun 2006
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when posters are afraid to post a message on a BB in their own name?
they are not to be trusted..
i've posted lots of things on here that were hated for years now...
from politics to stocks...
so what?
the main problem with all of this is no real DD can get done ...
esp. when people keep bringing up the same issue(s) over and over again..
and this is the most important thing i can tell any of you...
nobody really learns ANYTHING until they do it...
people who tell you they never made any mistakes are liars... the most talented Technical Analysts admit they can only be right more than half the time....
i honestly don't know what's gonna happen tomorrow...
and anybody who's been trading for awhile knows that CEO's don't post on bulletin boards...
is Rufus Robin Hood? how could i possibly know..
i think he can do what he claims...
but i don't know if he will (be able to)...
rightnow the stock is up well over 100% from last week....
that is awesome...
and anybody who doesn't recognise that needs to take a deep breath and do something else for a few hours..
the nay-sayers have ALREADY LOST...
game over...
point-set match..
-------------------- 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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out of line, very good post, this is an open, public forum, when there are visitors to allstocks that get bashed into the ground like that it is B.S. we have had a couple of emotional day's around here, leave the doc alone and let him supply opinions to this board, want to trash someone, then trash the bashers, not someone who is equally concerened about his investment, we do not know the circumstance of that poster, man this almost looks like it's clickish. Posts: 572 | From: usa | Registered: Aug 2006
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quote:Originally posted by 10of13: You haven't been able to take a look at the bonds yet? So if you don't like 3 of the players and you never took a look at the bond info? why did you buy into this? as long as the info you give is honest and upfront...not sure why you would be given a hard time... and remember..LINKS work best with this board... (don't tell them but they are all alittle wierd here...no one will just take any ones word for it... )
It's too bad most of the people here who claim to have looked at the bond don't realize that Rufus doesn't own squat of it. Where in the world does the CEO of a penny stock get half a billion dollars to buy a bond in CASH when he's never led a profitable company to this day? Was it a magic act? Look at the list of owners of this bond, and explain that first.
You stated that you been in CSHD couple of month,but the truth is you're just another moronsss that does'nt due his DD.
Yes CSHD doesn't own the bonds,they just handle them. If you were smart enough to read the PR's, you would have read somewhere that they are in the business of ''ASSET MANAGEMENT". As in other words, they only handle the bonds and in return they get a management fee.
If they don't own the bonds, then it shouldn't be involved in the calculation they came out with for the pps....
Posts: 242 | Registered: Aug 2005
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quote:Originally posted by 10of13: You haven't been able to take a look at the bonds yet? So if you don't like 3 of the players and you never took a look at the bond info? why did you buy into this? as long as the info you give is honest and upfront...not sure why you would be given a hard time... and remember..LINKS work best with this board... (don't tell them but they are all alittle wierd here...no one will just take any ones word for it... )
It's too bad most of the people here who claim to have looked at the bond don't realize that Rufus doesn't own squat of it. Where in the world does the CEO of a penny stock get half a billion dollars to buy a bond in CASH when he's never led a profitable company to this day? Was it a magic act? Look at the list of owners of this bond, and explain that first.
You stated that you been in CSHD couple of month,but the truth is you're just another moronsss that does'nt due his DD.
Yes CSHD doesn't own the bonds,they just handle them. If you were smart enough to read the PR's, you would have read somewhere that they are in the business of ''ASSET MANAGEMENT". As in other words, they only handle the bonds and in return they get a management fee.
I did my DD-I never said the company didn't claim to own the bond-they have numerous times. The thing I question is where the ceo who never had any profitable corporation and still does not yet coulkd acquire half a billion dollars. I mean, this could also give me a good advice on how to become extremely wealthy without doing much...right?
Posts: 242 | Registered: Aug 2005
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quote:Originally posted by 10of13: You haven't been able to take a look at the bonds yet? So if you don't like 3 of the players and you never took a look at the bond info? why did you buy into this? as long as the info you give is honest and upfront...not sure why you would be given a hard time... and remember..LINKS work best with this board... (don't tell them but they are all alittle wierd here...no one will just take any ones word for it... )
It's too bad most of the people here who claim to have looked at the bond don't realize that Rufus doesn't own squat of it. Where in the world does the CEO of a penny stock get half a billion dollars to buy a bond in CASH when he's never led a profitable company to this day? Was it a magic act? Look at the list of owners of this bond, and explain that first.
You stated that you been in CSHD couple of month,but the truth is you're just another moronsss that does'nt due his DD.
Yes CSHD doesn't own the bonds,they just handle them. If you were smart enough to read the PR's, you would have read somewhere that they are in the business of ''ASSET MANAGEMENT". As in other words, they only handle the bonds and in return they get a management fee.
If they don't own the bonds, then it shouldn't be involved in the calculation they came out with for the pps....
You are wrong they are asset's, yes you have to include all your asset's, you make money off of them....BONDS = ASSETS
Posts: 91 | Registered: Aug 2006
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I've never seen such a cowardice filled post in my life. Grow a pair.
This board doesn't need to defend itself. We are under constant attack from bashers and we question their motives. He didn't get flamed, he got asked questions, which he stepped around. Then he attempted to get a "regular" to post his opinion That is dishonest. Now you come in here lecturing us using a fake name.
This is a new bash attempt that is very intereting. Now that bashers are trying to convince everyone thst the longs are bad people who don't allow them to talk. Go to Ihub and view the scene, nothing but bashers scaring everyone off. We don't want that here. We want real discussion.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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quote:Originally posted by bud750: Someone on HSM ask this question CONVERSION SOLUTIONS HOLDINGS CORP. (A Development Stage Company) Statement of Cash Flows July 1, 2005 - June 30, 2006
OPERATING ACTIVITIES
Net Income $18,530,865
Net Cash Provided by Operating Activities $18,530,865
INVESTING ACTIVITIES:
UCC Security Notes ($310,138,000)
Interest Receivable ($19,869,792)
Long-term Investment in Bonds ($500,000,000)
Net Cash Provided by Investing Activities ($830,007,792)
FINANCING ACTIVITIES
Capital Stock $27,938
Accumulated Other Comprehensive Income $770,949,489
Income Tax Payable $101,060
Note Payable $4,400,000
Long-Term Note $36,000,000
$811,478,487
Net Cash Increase (decrease) for the period $1,560
Can anyone tell me where the $830 million inn cash came from to acquire the bonds.
They don't own the bonds, they own the contract's for the bond's and have to pay for the bond's at a later date, here is how they will do that, these bond's are assets now, just like you buy a contract on a house, you pay for it later on or as you go. with this as a assets they have the backing from those major banks, they make the money on the % it pay's, raise there stock price because there company is worth alot more, they may sell some stock when it reaches 90.00 and pay off the bond's. These is all legal what they are doing it is very smart on Mr.Harris part. If someone can post this on HSM to answer there question. There are a holding vompany with a very smart CEO to pull that off.
Like I said, if they don't own the bond, it is not their asset...they are just "holding" it for others...hence it should not go into share price calculation. Period.
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It seems that with each 8k in the past we got a PR. I wonder if we will get one to go with Friday's 8k or the extension?
Posts: 551 | From: FL | Registered: Apr 2006
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I was thinking the same thing Greenday. A pre-market PR explaining a few things would be appropriate.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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The only link I have is the bond pdf with the listed owners...sigh...why would banks own significant portions of a huge bond without asking for the interest money? Anyone have an explanation?
Posts: 242 | Registered: Aug 2005
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quote:Originally posted by Neptunetrader94: The only link I have is the bond pdf with the listed owners...sigh...why would banks own significant portions of a huge bond without asking for the interest money? Anyone have an explanation?
you failed to mention where you got that link..
did it come from stcklmn?
cuz i don't trust them...
-------------------- 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 Neptunetrader94: The only link I have is the bond pdf with the listed owners...sigh...why would banks own significant portions of a huge bond without asking for the interest money? Anyone have an explanation?
you failed to mention where you got that link..
did it come from stcklmn?
cuz i don't trust them...
You mean you haven't seen the actual link to the bond yet? Yes it did come from **********, but I also remember ppl on iHub looking it up by Cussip# Waay back....hold on.
Posts: 242 | Registered: Aug 2005
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Like I said, if they don't own the bond, it is not their asset...they are just "holding" it for others...hence it should not go into share price calculation. Period.
please define the term "irrevocable trust" before you say they don't own anything...
-------------------- 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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The last pdf link that I saw was not updated...at all...AND? I don't understnad the whole situation with the bonds...i'm not real sure anyone does... I was hoping that we would be able to find links and what not that would explain it...BUT...this Thomas Benson guy that did the audit...I have a blind faith in him...for know other reason than he works for the state of Michigan...why would he put hings that were untrue in a public report?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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http://www.st o cklemon.com/files/THEBOND.pdf
it's that minus the spacing, I don't feel like looking it up by Cussip, but if anyone wants to, feel free. I'm off to the library for some studying...hopefully someone cracks down on this bond thing? Hope I'm wrong....maybe the doc will come back and give us his phD insight...who knows?
Posts: 242 | Registered: Aug 2005
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Nep...I won't go with the link from Stock lemon...sorry..too much crap from there... and even if I looked up the cuspid...i wouldn't know what I was looking at... the doctor...if you are reading and you are able to explain any of this...would you do so Please?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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Didn't we determine that the links on Stock Lemon were Frauds, I don't feel like reading old threads to find it, but didn't we have PDF experts determine a bunch of things were phony with bad cuts and paste, etc. Even the signatures were obvious cut and paste. I know the longs know this. I typing it for those who may be newer here.
Posts: 551 | From: FL | Registered: Apr 2006
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-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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Ok, again im not bond specialist but im trying to learn
Its my understanding that the people owning those bonds are investing in CSHD. CSHD is responsible for paying those people an interest rate in return for being able to hypothecate the bonds for funding their upcoming business ventures. Eventually, CSHD would be responsible for paying off the bond...at time of maturity.
Now, if this is how it works (correct me if im wrong) then there are some organizations out there willing to invest very large amounts of money in what CSHD has planned.
So, for all of the people saying that bond is just debt, you are partially correct. But, that debt is because someone is investing in them. When you decide someday to sell your shares then SOMEONE has to buy them. You offered up some money to borrow them and make some gains off of them and then collect later. Isnt this the same thing? The bond owners offered up some capital to make some extra coin for themselves and someday will collect.
This is how i thought bonds worked.
Posts: 2308 | From: Michigan | Registered: Jun 2006
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quote:Originally posted by GreenDay: It seems that with each 8k in the past we got a PR. I wonder if we will get one to go with Friday's 8k or the extension?
Greenday: I thought about that also...but I think in this case, he does not want to play that card. He is playing poker and it's very late in the game. He does not want to show his plans, which I believe are to move to the Nasdaq on early next week. I'm sure he wants to make us feel better, but knows doing so might jeopordize his next move. JMHO.
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
St. Matthew Posts: 885 | From: Dallas, Texas | Registered: Sep 2006
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I found this to be an interesting post from Ihub...not sure if the guy is for real but ...interesting...and might explain why we see so many of the 144 filings
quote:Originally posted by Doniboy: What did Ben have to say Bud?
What i told you on this board the 10K is done and will be out early this week, they played it safe with the ext. in case they didn't have it in the right form to file to the sec. But they where working all weekend to get it finshed by monday. The last day to file for a ext. was friday and the deadline is monday for the 10K. They wanted to be safe.
Posts: 91 | Registered: Aug 2006
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The last day to file for a ext. was friday and the deadline is monday for the 10K. They wanted to be safe.
this is true...
they were actually supposed to have it in on Thursday,according to the calendar posted by the SEC, but if the SEC started chitcanning every company that was a few hours late? we'd have a meltdown on Wall St...
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