quote:Originally posted by SherriT: Probably should not post the document online as new2 suggested - better safe than sorry. I have a copy and can e-mail it to anyone still needing a copy....
Right! play it safe!
remember, it's the complaint peeps, not the court findings yet....
posted
Bucky- Simon had mentioned last night that trades had gone through AFTER the suspension & he was very concerned he said it could prove the conspiracy theory & that the SEC should be notified!!!
-------------------- ..just remember....Family is EVERYTHING!!
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quote:Originally posted by mnvestor: Check this article out, very interesting names...alot of this stuff has been hinted at by TUT...makes you think a little.. http://news.bbc.co.uk/1/hi/world/americas/4766568.stm
quote:Originally posted by Chartwalker: Rufus "Notes & Quotes!" SubPenny Radio Last night!
Special thanks to the AllStocks board who stick's together through thick and thin!! -info from: Jenna, MTPromises, Crab, Doniboy, 10of13, a surfer, etc... NICE WORK!!!
Oh My god!!!!! Rufus is ON!!!!!!
Simon: "Are you ok if we patch in Rufus?" Saul: "Sure, if he can tell me how he got the bond I'll buy the stock!" Saul sounds VERY NERVOUS!!
Simon: "Rufus, Saul is basically saying you are a fraud... Right before we were hanging up we were talking about what happened with the fraudulent pr."
Rufus: "They told me they were someone from some bank so they were asking me questions about some bank & I knew something was wrong...next thing I know they say I was going on the show- THAT'S FRAUD! Let me ask you this who owns M N 1?"
Saul: "UUUUUmmm I think it's a partnership...I...Think is Josh..."
Rufus: "You mean owned by a Brokerage Firm?"
Rufus is tearing him apart!!!!!
Saul: "I can't believe this guy owns billions of dollars? Listen to him! They are yelling back & forth - Simon has to interrupt-
Saul said let's prove right now on air that you own the bonds - Saul is getting on his computer....
rufus says he has been wanting a halt for a month... is he worried, no!!!
Rufus: "Let's go to the website together - georgia I could give him the website address I just didn't want to. I wanted him to work for it!!!! He needs to do a little dd. [url= http://www.gscca.org"]www.gscca.org"[/url] I've been trying to get someone to halt this stock for a long time...I'm glad...it's requiring all the Broker dealers the 15C-11.
Saul: " I'm not familiar with it so I'll have to take his word for it."
Rufus: "Don't take my word for it - LOOK it UP!!!
Saul: from whom did you block these bonds from? rufus: the caracas group.
Rufus is explaining the bonds.... Saul is asking what the coupons are? There are multiple bonds - which one....
"We have multiple bonds it's a portfolio of bonds!"
Saul: "Are they Hypothicated?" Rufus: "Not all, only the ones on screen. We've blocked them, we access them ..... We've blocked them from the Coracass group"
Saul: "Will you give us that group's phone #?" Rufus: "No- someone of your caliber.. I'm not going to explain it to you because you don't even understand it."
Guys Rufus is as cool as a cucumber -Oh they're arguing again.... Rufus swore - he said opinions are like as*holes- everybody's got one!
50% of profits for the consideration for the bonds
Saul: "I'm calling you out... come on come on...." Rufus: "I'd hate to see the ratings on your radio show after this!!"
Saul:"What collateral did you promise these people to give you these bonds?" Rufus: "50% of any profits" Saul: "And if you lose?" Rufus: "We haven't lost a dime yet!"
Dr Mensah asked us to help him because he was bankrupt. Guys - Rufus is not scared at all - he is explaining everything!!!!
Now Saul is crying about district court. Rufus is smacking him down like a biznotch. Saul is trying to trip Rufus up & it ain't working!! Saul is cracking up starting to get shaky!!! LOL
Saul: "Well I guess he explained where he got the bonds from...let's see another question?...Ummmm" Rufus: "Next question please........."
saul just broke...hahaha
Saul: "You know Rufus... I'm glad you called & you cleared it up..." Simon: "Before you said you were going out on a limb & were calling this fraud, do you still think this is fraud?"
Saul: "I think I'll look at this information & form an opinion."
Rufus: "What does it matter what he thinks?" Simon: "It doesn't matter to me!" GO SIMON!!!!
Simon just told Saul that he thinks that Saul is backpedaling and stuttering and over emotional while Rufus seems truthful. Rufus: "The days are a counting now, now it's in the court system." He's taking questions.....
SEC has not asked for any documentation for the bond. He told the SEC if they need proof to go ask the Federal Reserve. He said everyone kisses the SEC's butts & they work off fear...
Rufus:"They better hope they have something good, or this dance will be over quick!" Rufus: "We will be vindicated."
Rufus wanted a formal investigation, he wouldn't agree to an informal investigation thats why there was a halt. He wants to do this. H said "either I go to jail, or I am vindicated" Shareholders will benefit 100%. I am happy with it!
Rufus says 2 options will come out of this... He'll be indicted for fraud Or he'll be vindicated... he will be vindicated every thing they have is real/ true He's happy with the halt, It will help the share holders 100%
Rufus: "I think it's going to benefit shareholders greatly. I'm happy with it."
"I'm not selling shares. I'm not getting any money from selling shares...there's no way for us to benefit..how can it be a fraud?"
More than likely we will not be able to see what the SEC finds out..they will put a confidentiality stamp on it..and simply say.."we are satisfied"
No other company of this type has to show their "portfolios" so why should he...
He told the SEC, If there is a violation, Sue me...he believes that there isn't he is not hiding the the bonds from CARAcus group...he is hiding it for them...for their safety.. everything is at the georgia website. people out here that run their mouths have done NO DD...
If the SEC has a problem then let's rock!! I'm not playing this informal crap anymore!!
Rufus: The halt of the stock might have happened when I called Mr. Evans from the SEC an idiot... Rufus: Mr. Evans did not know what the E was for at the end of our symbol. That's why I called him an idiot.
What's he talking about they are going to federal court tomorrow morning? tom morning court?? SEC Vs. CSHD 6 for 1 shares are new issuance from the merger acquisitions.
We will make sure that everyone has at least $15 per share in their accounts.
We are being manipulated.
We are in Federal Court in Atlanta tomorrow morning. SEC vs CSHD. All they want is the info on the $500 million bond.
I have the info and I'll lay it on the table in front of them and say "what else you need" I don't trust anyone so I want a judge. Rufus is not taking a lawyer with him tomorrow. He doesn't need one. ************************************************** The time frame for the 6 extr shares should be about November 3rd. The E being there made Rufus hold off on filing for the new issuance. ************************************************** by the time this stock is trading I want everyone to have their 6 shares
Dr Mensah is a genius but a common sense moron. We will get him in court if we need to.
Simon: Military personal have said that AISS is legit subcontractor for those planes. CSHD will get 40%?? Rufus is saying that Mensah basically took the position that AISS was him (Mensah) and Rufus said 'No, it's a joint venture' - so, big conflict
Rufus: I prefer the Amex..
will CSHD be on the NAZ after suspension lifted Rufus laughs Rufus says he'd prefer to be on the AMEX
have had so many companies come to CSHD looking for a merger that it's "ridiculous" looking at proposals for merger for move to amex or nasdaq it is very possible for another shell merger to make uplist to AMEX or NASDAQ. Even though we already qualify for Nasdaq.
can people sit in court? yes Russell bldg 17th floor thinks its room 11
He'll press tommorrow as soon as court is over to say what is going on... (PR)
He just said we may move to a larger exchange through another reverse merger and it is possible that the 6:1 deal may fit in that move too!!! HA HA!!
PR after court. Will post document if allowed.
Rufus pushed to do this in court - to formalize it!
"Shareholders starved the beast, they killed him."
"Any issuance should have given ten day notice, should have done it Friday, but I wasn't going to do it with an E, now it just gets bumped." (6 shares)
Rule 10-17B is the 10 day notice required? yes, and it's based on notice to NASD - not shareholders
6 shares not restricted......
the 6 shares - not restricted you understand there will be selling upon issuance and the price will drop? Rufus: Yes, we do.
Has anything been done to offset this? Rufus: Yes, we'll buy the shares back.
Smith Barney bought in!!!!
Rufus expects a market run when the SEC thing is resolved there has been institutional buying already GE Capital is one
A guy a GE Capital bought in 2mil shares...and he's not on the DTC list...
will we see a pr on current situation? yes - and we'll file an 8K
short squeeze - when restriction is lifted do you believe this will occur? I think the market makers will understand that this is not bullchit anymore.
************************************************** If they are allowed gonna file an 8k as well...tommorrow.... **************************************************
some brokers contacted CVSU to come clean for what they were in it for - Rufus denied them and offered them the shares at a slight discount to current price - but no deals were worked out
possible that SEC will drag their feet?
no, they offered to clear this up by signing a document - that's where Rufus said 'no' - I want this done in court so it's formal
Rufus we have several SEC specialist attorneys I'll provide everything in court that the SEC needs.
when is 10Q due? Rufus: I'd have to look. (Rufus asking outloud)Is it drafted? yes. do I want this resolved before filing the 10Q. yes. not audited - not that big of an ordeal - let us get past the SEC issue first
timeline to retire? after to move to big board and first few projects under way
dueschte bank? we have their #1 trader in the world contracted done through nasco? united nations? (i didn't quite get this) directly contracted through the trader - not CSVU
November 15th is when the 10Q is due...No drama...like with this one...actually he said Chit no!
S-3, S-4 . . . when will these filed
if not for the compliance issue last week - the 10Q and S-4 would have been filed already - but now on or before the Nov. 15th
S-3? will not be filed before the 10Q
Mike Alexander shares? he will have 84,000,000 shares after the 6 - people are concerned about him dumping shares
Rufus: Mike is not going to do that. He understands what's going on here. (I totally paraphrased this - sorry).
just because a potential JV has a good idea - we're not considering them unless that have a complete business plan in place that will allow them to get a prospectus - i.e. get your ducks in a row
actually, I'm going to get my azz chewed out tomorrow for tellin' y'all about the pr that'll come out tomorrow
$500 mill bond
why was it claimed as other comprehensive gain in the filing?
Rufus: i don't know at this time - I'd have to look it up - I'm not the CFO
this doesn't seem orthodox way to file the bond.
Rufus: there isn't alot you'll find that's orthodox about this company
some caller (Greg) said he's copying the show and is going to mail it to the SEC.
Rufus: Great!
Simon: Greg, ah, just remember that would be a copyright violation of my show
want clarification on tomorrow
could SEC lift suspension and resume trading on the 26th?
I think he said it was possible (sorry)
short elimination - not short squeeze
because the shares aren't available to cover
that's why the volume has been dropping
any plans to increase authorized share structure? Rufus: yes, would have done last week if not for the E. looking at 750 million shares short elimination - not short squeeze
because the shares aren't available to cover
that's why the volume has been dropping
any plans to increase authorized share structure? Rufus: yes, would have done last week if not for the E. looking at 750 million shares
anything to offset the new shares?
we already have.
at $11 plus BV - is it fair to say this will be the lowest BV from here on out?
Rufus: Yes.
so, the 750 million is to cover the 6 additional shares
Rufus: Yes
since you rounded down the shares, we're only getting a total of $12.60, how do you make up the difference to $15?
well, I guess I screwed you.
the pr blitz will begin when we're through with this SEC crap . . . appointments, hiring people, etc.
has the discussions with the MMs concluded for the NAZ?
yes - we have two
asked about the TA not knowing about the 6 shares
Rufus: that's because I haven't told him.
why not?
Rufus: Maybe I don't like him (laughs) - that was a joke.
Rufus said they are looking to have an in-house DTC TA - and it's possible they will handle the 6 shares Rufus was notified by fax from the SEC about the suspension
there was a lot of panic - lot of calls to the office
there isn't anything the SEC can ask for that we can't provide - so I'm not concerned
Rufus: is the TA pissed at me? I'm sure he is.
it sounded like the 6 share thing notification has not been made to the SEC [my comment] - provided the SEC suspension is cleared up tomorrow, they will notify the SEC tomorrow which places the distribution out 10 business days from Oct. 25th
default risk on euro bonds?
Rufus: None. Backed by reserves tied into the treasury. Besides, once it's transferred to Euroclear - you own it.
why is SEC only interested in $500 million bond and $5 billion bond?
Rufus: I don't know
will the carbon credits be scrutinized?
Rufus: no, not as long as all the paperwork is done
business hours for officers of CSHD?
about 20 hours/day.
we're going to make a forum available through the website - a weekly live update - part of our funding agreement. we'll provide a schedule ================================================
posted
Amex listing requirements incase anyone wants to know, since theres been possible talk of going to amex instead of NASDAQ.
Quantitative Standards Criteria Listing Standards Standard 1 Standard 2 Standard 3 Standard 4 Pre-tax income1 $750,000 N/A N/A N/A Market capitalization N/A N/A $50 million $75 million OR At least $75 million in total assets and $75 million in revenues Market value of public float $3 million $15 million $15 million $20 million Minimum price $3 $3 $2 $3 Operating history N/A 2 years N/A N/A shareholders' equity $4 million $4 million $4 million N/A Public shareholders/Public float (shares)2 Option 1: 800/500,000 Option 2: 400/1,000,000 Option 3: 400/500,0003
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dogmando: here is what is going on dogmando: they ruled that they will keep things haulted for the full time dogmando: so that the sec can do more DD on the bonds dogmando: not a bad thing in my opinion mnvestor: That is fine IMO occidental88: awesome dogmando: Rufus and co provided the necessary docs dogmando: the sec must now review ownership in the bonds dogmando: this just means that they can dogmando: take the full 2 weeks [kccman] 12:55 pm: dogmando: to do the DD dogmando: because they dont believe the ownership of the bonds dogmando: that is why they kept the dogmando: hault for 2 weeks dogmando: to do the DD dogmando: by the way dogmando: the information came from dogmando: Mr Hicks dogmando: the lead attorney for the SEC [kccman] 12:56 pm: dogmando: so dogmando: he is talking from his side dogmando: let us hear Rufus side later dogmando: that is it
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. But I could call after, whats the number?
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