quote:Originally posted by MoneyMoneyMoney: Again, of what significance is the "book value" when pps has never reached it before? If history repeats itself it'll never reach book value at $12.
RPH has done a great job with investors and even has some that have placed all their eggs into one basket. I worry for those folks.
The turning point will be going to the NAZ.. That's why the book value is so important, can't get there with a wimpy book value And then it's 24 hours for shorts to cover, end of story.
quote:Originally posted by wallymac: OK take a look at AMXGE, Should be AMXG. They also filed their 10K on Monday and should not have received the "E" yet it's there. There are many other similar companies. Like I said before this appears to be an error. The reason for the error I am sure will be highly controversial.
GLTA Wally
yes this play has had just about everything we can think of and a few extra twists too...
i was comparing it to a Grisham Novel yesterday?
today? i think Stephen King is closer
-------------------- 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
I'm still not getting it. Why isn't the price going up then, if basically the share price should be at $70+? Basically my question is, all of the shareholders know the price should be $70, but others haven't realized it yet? And if it should be $11 after the split, why aren't people still adding more yesterday and today, or new people buying like crazy for a potential 6 bagger from here?
quote:Originally posted by Chartwalker:
quote:Originally posted by PCola77: Repost. can someone help me out:
Okay, with this drop this morning, I was thinking about getting in, but what's the deal here?
Seems like from what everyone is saying, the book value AFTER the dividend/forward split/whatever will be $11/share.
So that would be the equivalent of $77/share right now, correct?
So is the correct thinking that this will go from $1.80ish to $77? And if so, would it happen if/when the transition to NASDAQ is announced, or before then? Why wouldn't the price be going up like crazy yet? What am I missing?
I believe Rufus said that the book is like $70 now, AFTER the new shares it would be $11+ per share.
And you can bet the all planning Rufus will have some PR (NAZ) to show us before we get the shares to keep everyone from selling...
Just like now, MOST investors KNOW what they have, that is why we have such LOW volume today ever with something as negative as a "E"!!
Cause informed investors KNOW what they have here...
MO ~
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by MoneyMoneyMoney: Again, of what significance is the "book value" when pps has never reached it before? If history repeats itself it'll never reach book value at $12.
RPH has done a great job with investors and even has some that have placed all their eggs into one basket. I worry for those folks.
The turning point will be going to the NAZ.. That's why the book value is so important, can't get there with a wimpy book value And then it's 24 hours for shorts to cover, end of story.
-get it?
Oh, sure I get it. Where's the $7 dollar pps NOW? get it?
And JHenry, this is not a "dividend/split".
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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posted
NOT A DIVIDEND! NOT A DIVIDEND! THEY DO NOT HAVE TO FOLLOW THOSE SAME RULES! We can stay and argue all day about it, but in the end the company has always done things right. Rufus said they have a securities lawyer, so wouldn't you think he/they might know a little more than us. I'll take their word for it. GLTA
quote:Originally posted by PCola77: I'm still not getting it. Why isn't the price going up then, if basically the share price should be at $70+? Basically my question is, all of the shareholders know the price should be $70, but others haven't realized it yet? And if it should be $11 after the split, why aren't people still adding more yesterday and today, or new people buying like crazy for a potential 6 bagger from here?
quote:Originally posted by Chartwalker:
quote:Originally posted by PCola77: Repost. can someone help me out:
Okay, with this drop this morning, I was thinking about getting in, but what's the deal here?
Seems like from what everyone is saying, the book value AFTER the dividend/forward split/whatever will be $11/share.
So that would be the equivalent of $77/share right now, correct?
So is the correct thinking that this will go from $1.80ish to $77? And if so, would it happen if/when the transition to NASDAQ is announced, or before then? Why wouldn't the price be going up like crazy yet? What am I missing?
I believe Rufus said that the book is like $70 now, AFTER the new shares it would be $11+ per share.
And you can bet the all planning Rufus will have some PR (NAZ) to show us before we get the shares to keep everyone from selling...
Just like now, MOST investors KNOW what they have, that is why we have such LOW volume today ever with something as negative as a "E"!!
Cause informed investors KNOW what they have here...
MO ~
People DID buy in like dogs! The MM's sold Millions of FAKE (Naked Shorts) to them and kept our price down because we believe a Hedge Fund or two were shorting the crap out of us, Rufus declared WAR on them issueing a PUBLIC statement to TDA which was never answered.
TDA applied for a loan and was denied also!
Domino's are falling as Rufus said....
BIG MONEY here is still very much in the game!
Rufus will have won when we go to the NAZ, books need to be balanced then ~
If you can't see that a Asset portfolio that has 7 BILLION dollars in it is no penny stock, then don't buy in...
I'm LONG cause sooner or later the TRUTH will be shown to all, and CSHD will come of age and share holders will make a ton of cash.
posted
Okay so the assumption is that once this goes to the NASDAQ, then peole will recognize the book value and this will go up 4200%+? Seems like that's asking a lot.
I may buy a little just in case, but it seems like asking for a 40+ bagger from here is a bit optomistic, to put it nicely.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Why do people keep saying the website is down? Its so easy to check.
Posts: 478 | From: Palm Desert, Ca. U.S.A. | Registered: Nov 2004
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posted
I'm with this guy, he just knows his stuff more. but i knew therew was a loop hole =) now FOR SURE im holding and not selling...who knows hell PROBABLY HAVE To make the new record date october 26th =) and i wont be selling anytime before that cuz i want my extra shares...its stupid he would make us wait this long (way overdue imo) then do something like this? give me a break if someoneone wasnt in on monday because should NOT have anything to do with record date...yea yea yea its to see who the real longs are... GIVE ME A FRIGGIN BREAK. 85% OF LONGS have traded/flipped/ and sold this. it just so happens they were in that day....whatever rufus is dead to me lol
Posted by: Jim Bishop In reply to: lesnshawn who wrote msg# 102274 Date:10/17/2006 10:56:05 AM Post #of 103839
Buckey not the only one that understands it. Many of us do, and make decent money when companies screw these things up by not understanding the rules.
Unless Rufus has some new trick, under Rule 10b-17 he has to advise NASD 10 days prior to the record date involved, then NASD or Nasdaq set the ex dividend date, due bills redeemable date etc and they are posted on the Daily List. If he didn't do so 10 days ago, that Oct 16th record date probably won't fly.
Record date is really meaningless to all but the T/A for his mailing list unless the stock "is not quoted ex" in which case the record date can become the effective ex date.
As long as you own it by the close the day before the ex date, you get the split or dividend or whatever it is. Settlement dates don't enter into the picture. You can buy day before Ex date, sell on Ex date and get the split/divvy.
SEC Rule 10b-17
10b-17 Untimely Announcements of Record Dates
It shall constitute a "manipulative or deceptive device or contrivance" as used in Section 10(b) of the Act for any issuer of a class of securities publicly traded by the use of any means or instrumentality of interstate commerce or of the mails or of any facility of any national securities exchange to fail to give notice in accordance with paragraph (b) hereof of the following actions relating to such class of securities:
A dividend or other distribution in cash or in kind, except an ordinary interest payment on a debt security, but including a dividend or distribution of any security of the same or another issuer;
A stock split or reverse split; or
A rights or other subscription offering.
Notice shall be deemed to have been given in accordance with this section only if:
Given to the National Association of Securities Dealers, Inc., no later than 10 [calendar] days prior to the record date involved or, in case of a rights subscription or other offering if such 10 [calendar] days advance notice is not practical, on or before the record date and in no event later than the effective date of the registration statement to which the offering relates, and such notice includes:
Title of the security to which the declaration relates;
Date of declaration;
Date of record for determining holders entitled to receive the dividend or other distribution or to participate in the stock or reverse split;
Date of payment or distribution or, in the case of a stock or reverse split or rights or other subscription offering, the date of delivery;
For a dividend or other distribution including a stock or reverse split or rights or other subscription offering:
In cash, the amount of cash to be paid or distributed per share, except if exact per share cash distributions cannot be given because of existing conversion rights which may be exercised during the notice period and which may affect the per share cash distribution, then a reasonable approximation of the per share distribution may be provided so long as the actual per share distribution is subsequently provided on the record date,
In the same security, the amount of the security outstanding immediately prior to and immediately following the dividend or distribution and the rate of the dividend or distribution,
In any other security of the same issuer, the amount to be paid or distributed and the rate of the dividend or distribution,
In any security of another issuer, the name of the issuer and title of that security, the amount to be paid or distributed, and the rate of the dividend or distribution and if that security is a right or a warrant, the subscription price,
In any other property (including securities not covered under paragraphs (b)(1)(v)(b) through (d) of this section) the identity of the property and its value and basis for assigning that value;
Method of settlement of fractional interests;
Details of any condition which must be satisfied or Government approval which must be secured to enable payment of distribution; and in
The case of stock or reverse split in addition to the aforementioned information;
The name and address of the transfer or exchange agent; or
The Commission, upon written request or upon its own motion, exempts the issuer from compliance with paragraph (b)(1) of this section either unconditionally or on specified terms or conditions, as not constituting a manipulative or deceptive device or contrivance comprehended within the purpose of this section; or
Given in accordance with procedures of the national securities exchange or exchanges upon which a security of such issuer is registered pursuant to Section 12 of the Act which contain requirements substantially comparable to those set forth in paragraph (b)(1) of this section.
The provisions of this rule shall not apply, however, to redeemable securities issued by open-end investment companies and unit investment trusts registered with the Commission under the Investment Company Act of 1940.
posted
money x 3 due some research and if you want it, buy it, if you don't, move on. either you take a chance and believe in the company or your research shows you it is too great a risk. everyone has tried to answer your questions and you don't like the answers so look into it yourself or move on to some other stock that the pps is already matching the value and try to make money there. either way good luck
-------------------- Slim Posts: 165 | From: EDINBURG, TEXAS USA | Registered: Feb 2004
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quote:Originally posted by SLIMPICKENS: money x 3 due some research and if you want it, buy it, if you don't, move on. either you take a chance and believe in the company or your research shows you it is too great a risk. everyone has tried to answer your questions and you don't like the answers so look into it yourself or move on to some other stock that the pps is already matching the value and try to make money there. either way good luck
LOL. I own it..... And have been here for a good while! I don't have to believe in it to make money....
There are no answers. The book value is $7 bucks. Since you seem to have done your research before telling me to do mine, why hasn't it ever reached that price per share!?? So how is the $12 pps any different?
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by MoneyMoneyMoney: Again, of what significance is the "book value" when pps has never reached it before? If history repeats itself it'll never reach book value at $12.
RPH has done a great job with investors and even has some that have placed all their eggs into one basket. I worry for those folks.
The turning point will be going to the NAZ.. That's why the book value is so important, can't get there with a wimpy book value And then it's 24 hours for shorts to cover, end of story.
-get it?
Oh, sure I get it. Where's the $7 dollar pps NOW? get it?
And JHenry, this is not a "dividend/split".
If Rufus doesn't have to file this with OTCBB - we'll then I am wrong.
Posts: 507 | From: Rochester, NY | Registered: May 2005
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posted
The crazy thing about this is... technically this should be trading at 2x to 5x that $70 number...and in the interview with Rufus...they have another $8B lined up doubling the price again...
Market manipulation is the only reason we aren't higher...the company has given us NO indication that they are lying about what they are capable of...I mean come on...a 10KSB is released saying they are going to issue everyone 6 extra shares and we tank .50 in fifteen minutes...does anyone honestly believe that is because of supply and demand?
The fact that we got that E today we are down less than 10% from close yesterday says alot and makes this stronger still...
quote:Originally posted by PCola77: I'm still not getting it. Why isn't the price going up then, if basically the share price should be at $70+? Basically my question is, all of the shareholders know the price should be $70, but others haven't realized it yet? And if it should be $11 after the split, why aren't people still adding more yesterday and today, or new people buying like crazy for a potential 6 bagger from here?
quote:Originally posted by Chartwalker:
quote:Originally posted by PCola77:
Posts: 2024 | From: New Orleans, LA | Registered: Apr 2006
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quote:Originally posted by PCola77: Okay so the assumption is that once this goes to the NASDAQ, then peole will recognize the book value and this will go up 4200%+? Seems like that's asking a lot.
I may buy a little just in case, but it seems like asking for a 40+ bagger from here is a bit optomistic, to put it nicely.
Yeah well we didn't expect it to hit $4.00 when the 52 week low was $0.04 either but it did. I think you should read a little more before you spend the commissions to "buy a little just in case." Make sure it is what you wnat to do on your own. You should never buy based on information from a stock board.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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The cshd symbol in my ETRADE portfolio reads 21254V100. And cshd is trading as cshde...the "E" donotes a late filing. I contacted the SEC Division of Market Regulation, Office of Interpretation and Guidance: (202)551-5777 and the SEC Investor Assistance and Complaints: (202)551-6551. I received the same response: CSHD filed the 10-KSB on time and should not be trading as CSHDE.
Thank you for sending E*TRADE a message regarding your position of CSHD. I apologize for any inconvenience or confusion concerning this matter.
Conversion Solutions recently filed their paperwork; they were delinquent in their required SEC filings. They filed paperwork on 10/16/2006 and your portfolio should be automatically updated within 1-2 business days.
posted
Fair enough. But I can't say I'd be worried about the $5 commision so much as the principle, but that's semantics, I think. You're probably right though, this one's not for me. If it seems too good to be true, it probably is.
quote:Originally posted by TaxBack04:
quote:Originally posted by PCola77: Okay so the assumption is that once this goes to the NASDAQ, then peole will recognize the book value and this will go up 4200%+? Seems like that's asking a lot.
I may buy a little just in case, but it seems like asking for a 40+ bagger from here is a bit optomistic, to put it nicely.
Yeah well we didn't expect it to hit $4.00 when the 52 week low was $0.04 either but it did. I think you should read a little more before you spend the commissions to "buy a little just in case." Make sure it is what you wnat to do on your own. You should never buy based on information from a stock board.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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