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Author Topic: CSHD - DD discussion of events
stocktrader22
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quote:
Originally posted by thesource:
quote:
Originally posted by St. Matthew:
Today, 03:04 PM #5397
tutankhamen
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Posts: 347 Quote:
Originally Posted by deano361
You bashers here that. It was presented in Court to avoid manipulation from the SEC. did you hear that Bashers. Get it straight. I am so sick of these people saying Rufus had no choice but to go to court. to the longs.


Rufus was asked by the SEC to go in to them and sign a document saying everything he said was true and it would have been cleared but that way the SEC would have just been able to brush it under the carpet and let the shorts get their way. He told them to see him and all the proof in the federal court in front of a judge and that way a federal ruling would show the world. This way it becomes public and forces the issue out in the complete open.

Tut is full of it on this post . Anyone with any back ground in legal documents would know this was brought on by the SEC and not at Rufus's request .

I'm sorry guys , I just don't buy this post from Tut ....... hopefully I'm wrong but I doubt it .

Tut is nothing special, just talks to the company more than the normal shareholder. End of story

--------------------
Disclaimer: Not accountable for anything I say

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Stock, Ham, and Mayo Sandwich
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I heard Rufus said this to the judge on his/our behalf:

"If it's the shorts you hate, then you must vindicate"


lol

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SherriT
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Anyone heard anything from court yet? 5:00 EDT now...

--------------------
Study before you buy, Sell before you think about it....

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SherriT
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quote:
Originally posted by stocktrader2006:
I heard Rufus said this to the judge on his/our behalf:

"If it's the shorts you hate, then you must vindicate"


lol

Cheesy mac, very cheesy [Big Grin]

--------------------
Study before you buy, Sell before you think about it....

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CRab
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If the bonds fit...

Oh...you know where that was going, lol...

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66inxs
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bonds of a feather.....

--------------------
I'm from Missouri - Show Me!

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milliam
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quote:
Originally posted by thesource:
quote:
Originally posted by St. Matthew:
Today, 03:04 PM #5397
tutankhamen
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Join Date: Aug 2006
Posts: 347 Quote:
Originally Posted by deano361
You bashers here that. It was presented in Court to avoid manipulation from the SEC. did you hear that Bashers. Get it straight. I am so sick of these people saying Rufus had no choice but to go to court. to the longs.


Rufus was asked by the SEC to go in to them and sign a document saying everything he said was true and it would have been cleared but that way the SEC would have just been able to brush it under the carpet and let the shorts get their way. He told them to see him and all the proof in the federal court in front of a judge and that way a federal ruling would show the world. This way it becomes public and forces the issue out in the complete open.

Tut is full of it on this post . Anyone with any back ground in legal documents would know this was brought on by the SEC and not at Rufus's request .

I'm sorry guys , I just don't buy this post from Tut ....... hopefully I'm wrong but I doubt it .

From what I'm getting here, Rufus kind of brought this on himself. He didn't meet with the SEC the one time they wanted to clear this up. Something about a "gag order". He probably knew if he didn't meet with them then, that they would take it to court.

I think he wanted to go to court so that there would be some neutral parties to hear the case instead of it just being hidden in the SEC. I also think he wanted this suspension done to make the brokers file the form to trade this. Somehow, he feels this will force the shorts.

All IMHO!

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Chart walker
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quote:
Originally posted by milliam:
quote:
Originally posted by thesource:
quote:
Originally posted by St. Matthew:
Today, 03:04 PM #5397
tutankhamen
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Join Date: Aug 2006
Posts: 347 Quote:
Originally Posted by deano361
You bashers here that. It was presented in Court to avoid manipulation from the SEC. did you hear that Bashers. Get it straight. I am so sick of these people saying Rufus had no choice but to go to court. to the longs.


Rufus was asked by the SEC to go in to them and sign a document saying everything he said was true and it would have been cleared but that way the SEC would have just been able to brush it under the carpet and let the shorts get their way. He told them to see him and all the proof in the federal court in front of a judge and that way a federal ruling would show the world. This way it becomes public and forces the issue out in the complete open.

Tut is full of it on this post . Anyone with any back ground in legal documents would know this was brought on by the SEC and not at Rufus's request .

I'm sorry guys , I just don't buy this post from Tut ....... hopefully I'm wrong but I doubt it .

From what I'm getting here, Rufus kind of brought this on himself. He didn't meet with the SEC the one time they wanted to clear this up. Something about a "gag order". He probably knew if he didn't meet with them then, that they would take it to court.

I think he wanted to go to court so that there would be some neutral parties to hear the case instead of it just being hidden in the SEC. I also think he wanted this suspension done to make the brokers file the form to trade this. Somehow, he feels this will force the shorts.

All IMHO!

Bingo!!! [Big Grin]
WE HAVE A WINNER!!!!

--------------------
The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

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a surfer
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From what I'm getting here, Rufus kind of brought this on himself. He didn't meet with the SEC the one time they wanted to clear this up. Something about a "gag order". He probably knew if he didn't meet with them then, that they would take it to court.

I think he wanted to go to court so that there would be some neutral parties to hear the case instead of it just being hidden in the SEC. I also think he wanted this suspension done to make the brokers file the form to trade this. Somehow, he feels this will force the shorts.

All IMHO!

I think you are getting it!

This is about exposing the corrruption with the SEC no doubt. Their affiliation with the MM,s is why he wants this public.

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St. Matthew
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I just tried to call Sabra and / or Mitch at CSHD. In the last 2 hours, they have set up a new automated phone answering system where you press 1 for Sabra, 2 for Ben, 3 for Mitch, and 4 for Rufus.

Now I must ask you...why on earth would they do something like this if they were worried about this?!?! If this was a scam that was about to be exposed by the SEC, would they say, "I know we are about to go to jail, but I think it's really important to set up an automated receptionist system before we go"?

Good sign people.

--------------------
"If you go the Extra Mile there will be no Traffic Jams".

St. Matthew

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a surfer
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hey Chart how did you get 5 stars??

Man some people are gullible!!

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a surfer
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woops above post top was Milliam.
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SherriT
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quote:
Originally posted by a surfer:
hey Chart how did you get 5 stars??

Man some people are gullible!!

You can yell gullible all you want, but if I were you, I'd watch charts and look when he calls for a dip...you can make lotsa money that way, and get an edgamukashun two [Big Grin]

--------------------
Study before you buy, Sell before you think about it....

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TaxBack04
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quote:
Originally posted by thesource:
Anyone with any back ground in legal documents would know this was brought on by the SEC and not at Rufus's request.

source ~ I am going to have to disagree with your last statement which you have repeated several times today. Maybe because I don't have full understanding of what your point is that you are trying to make. Rufus said last night that the SEC offered him an opportunity to avoid court by signing a document saying he would not violate SEC rules and Rufus's response was "Show me a rule I have violated. See you in court."

This sounds very typical of a Government agency trying to force a quick judgement on a company to avoid a court date on what they may deem a week or insignificant case.

Of course the documents were done in advance and they were ready for a court date prior to offering Rufus an out by signing away his rights.

Going back to your statement. of course they brought the case to Rufus. But reading the documents, they don't seem to have a very stong case other that claims to Rufus's reckless behavior. Honestly, if he proves ownership, which was verified by a third party Auditor, and he shows that he has not gained from the stock price todate. What kind of dis-gorgement could they go after. Reckless behavior runs companies into the ground, not sky rockets their share price.

IMO I believe they offered him and out, and he called them on it because he "honestly" believes he has done nothing wrong. (Personally, I think he is right.) He asked them for the court date.

Wild public appearances when you are representing a privately held company are legal. Announcement of material events through PR and SEC filings when representing a public company is also legal.

Calling a SEC investigator an "idiot" even if he is one, while CEO of a public company is reckless to say the least.

No one is above the law, and if Rufus felt he would get a better shake in front of a judge, well he is probably right. Because someone telling you to sign a document saying you won't break the law, is suspicious when you know for a fact you haven't done so. You don't sign a confession unless you are ready to concede guilt.

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bigstocks
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I never have understood why the sec doesnt have to issue some kind of statement saying the case is ongoing, cleared of any actions, finished, etc. If they care about the shareholders that much you think it would be the least they could do.
JMHO
In case the black helicopters come my way. [Big Grin]

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CRab
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One thing I noticed about the court docs that were posted...would a guilty man/company go to court the day after being served, or would they take all the time they could to gather info to defend themselves? In this case they had 20 days...

Or is this a normal occurance?
Summons

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CRab
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So...I'm guessing no PR today...

quote:
tutankhamen
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Join Date: Aug 2006
Posts: 348

I just talked with Ben and I asked him how it went at the courthouse and did everything turn out alright. He said yes it went alright. I asked him if there was a ruling. He said everything went as they expected. I also asked if there was going to be a press release and he said yes there would after "they" ( I think he meant the court or SEC ) did their due diligence.


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a surfer
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quote:
Originally posted by TaxBack04:
quote:
Originally posted by thesource:
Anyone with any back ground in legal documents would know this was brought on by the SEC and not at Rufus's request.

source ~ I am going to have to disagree with your last statement which you have repeated several times today. Maybe because I don't have full understanding of what your point is that you are trying to make. Rufus said last night that the SEC offered him an opportunity to avoid court by signing a document saying he would not violate SEC rules and Rufus's response was "Show me a rule I have violated. See you in court."

This sounds very typical of a Government agency trying to force a quick judgement on a company to avoid a court date on what they may deem a week or insignificant case.

Of course the documents were done in advance and they were ready for a court date prior to offering Rufus an out by signing away his rights.

Going back to your statement. of course they brought the case to Rufus. But reading the documents, they don't seem to have a very stong case other that claims to Rufus's reckless behavior. Honestly, if he proves ownership, which was verified by a third party Auditor, and he shows that he has not gained from the stock price todate. What kind of dis-gorgement could they go after. Reckless behavior runs companies into the ground, not sky rockets their share price.

IMO I believe they offered him and out, and he called them on it because he "honestly" believes he has done nothing wrong. (Personally, I think he is right.) He asked them for the court date.

Wild public appearances when you are representing a privately held company are legal. Announcement of material events through PR and SEC filings when representing a public company is also legal.

Calling a SEC investigator an "idiot" even if he is one, while CEO of a public company is reckless to say the least.

No one is above the law, and if Rufus felt he would get a better shake in front of a judge, well he is probably right. Because someone telling you to sign a document saying you won't break the law, is suspicious when you know for a fact you haven't done so. You don't sign a confession unless you are ready to concede guilt.

Taxback you have nailed it!!!

Post of the day!!

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dlab
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Today, 05:23 PM #5699
tutankhamen
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Join Date: Aug 2006
Posts: 348 I just talked with Ben and I asked him how it went at the courthouse and did everything turn out alright. He said yes it went alright. I asked him if there was a ruling. He said everything went as they expected. I also asked if there was going to be a press release and he said yes there would after "they" ( I think he meant the court or SEC ) did their due diligence.

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St. Matthew
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Today, 04:23 PM #5699
tutankhamen
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Join Date: Aug 2006
Posts: 348

I just talked with Ben and I asked him how it went at the courthouse and did everything turn out alright. He said yes it went alright. I asked him if there was a ruling. He said everything went as they expected. I also asked if there was going to be a press release and he said yes there would after "they" ( I think he meant the court or SEC ) did their due diligence.

--------------------
"If you go the Extra Mile there will be no Traffic Jams".

St. Matthew

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a surfer
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quote:
Originally posted by SherriT:
quote:
Originally posted by a surfer:
hey Chart how did you get 5 stars??

Man some people are gullible!!

You can yell gullible all you want, but if I were you, I'd watch charts and look when he calls for a dip...you can make lotsa money that way, and get an edgamukashun two [Big Grin]
Sherri I was being sarcastic...

I love chart and have already given him 5 stars long ago!

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St. Matthew
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dlab...beat me to it... [Razz]

--------------------
"If you go the Extra Mile there will be no Traffic Jams".

St. Matthew

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SherriT
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quote:
Originally posted by a surfer:
quote:
Originally posted by SherriT:
quote:
Originally posted by a surfer:
hey Chart how did you get 5 stars??

Man some people are gullible!!

You can yell gullible all you want, but if I were you, I'd watch charts and look when he calls for a dip...you can make lotsa money that way, and get an edgamukashun two [Big Grin]
Sherri I was being sarcastic...

I love chart and have already given him 5 stars long ago!

Oh I knew that - I was too actually - hence my spelling of "education too", though I do think it came across wrong after rereading [Big Grin]

--------------------
Study before you buy, Sell before you think about it....

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thesource
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quote:
Originally posted by TaxBack04:
quote:
Originally posted by thesource:
Anyone with any back ground in legal documents would know this was brought on by the SEC and not at Rufus's request.

source ~ I am going to have to disagree with your last statement which you have repeated several times today. Maybe because I don't have full understanding of what your point is that you are trying to make. Rufus said last night that the SEC offered him an opportunity to avoid court by signing a document saying he would not violate SEC rules and Rufus's response was "Show me a rule I have violated. See you in court."

This sounds very typical of a Government agency trying to force a quick judgement on a company to avoid a court date on what they may deem a week or insignificant case.

Of course the documents were done in advance and they were ready for a court date prior to offering Rufus an out by signing away his rights.

Going back to your statement. of course they brought the case to Rufus. But reading the documents, they don't seem to have a very stong case other that claims to Rufus's reckless behavior. Honestly, if he proves ownership, which was verified by a third party Auditor, and he shows that he has not gained from the stock price todate. What kind of dis-gorgement could they go after. Reckless behavior runs companies into the ground, not sky rockets their share price.

IMO I believe they offered him and out, and he called them on it because he "honestly" believes he has done nothing wrong. (Personally, I think he is right.) He asked them for the court date.

Wild public appearances when you are representing a privately held company are legal. Announcement of material events through PR and SEC filings when representing a public company is also legal.

Calling a SEC investigator an "idiot" even if he is one, while CEO of a public company is reckless to say the least.

No one is above the law, and if Rufus felt he would get a better shake in front of a judge, well he is probably right. Because someone telling you to sign a document saying you won't break the law, is suspicious when you know for a fact you haven't done so. You don't sign a confession unless you are ready to concede guilt.

I say this by the way the complaint and the other files along with it were worded . One thing you have to remember about an attorney , they play to win . I doubt the SEC would drag this into court with 3 attorneys only to look like asses after the smoke clears . Remember , they do this for a living and I doubt they are going in blind . Just because we are blind and do not have access to all the info doesn't mean the federal government doesn't either . I promise you , they know something that we don't . Whether this came from a lead that they received or through their own reasearch .

As as for calling the SEC guy and idiot , let me make a comparison . I could call a cop a freakin' moron but does that mean that they are going to open up a civil or criminal case against me for it ??? I might end up in hand cuffs for a few minutes to scare me but I won't go to court on it .

Believe me when I say this , I am not a basher and hope just as much as any of you I am wrong . I don't have alot in the stock ($7500.00) but I sure as he!! don't want to lose it .

--------------------
----- Game Over -----

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Chart walker
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quote:
Originally posted by a surfer:
hey Chart how did you get 5 stars??

Man some people are gullible!!

(_!_) <--kiss here surf!!! LMAO!!

--By getting 2 hours of sleep yesterday and putting the "Rufus Notes and Quotes" together..
[Big Grin]

Going the extra mile ~

Alot of what I do is in PM's and no one knows of all the hours I spend helping people.

But I truly LOVE the game!!

I'll be here as long as God permits [Smile]

--------------------
The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

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SherriT
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I'm out for a bit - time to shop and pick up babies. Y'all keep everything in order!

--------------------
Study before you buy, Sell before you think about it....

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TaxBack04
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source ~ You are right calling a cop a moron may get you a few minutes in handcuffs. So I ask what is the equivalent from the SEC? They threaten halt. So what happens when you tell that cop "Fine take me to jail you stupid..." Well in the SEC world they halt you and threaten litigation. Rufus calls them on it again, saying "fine with me let's go to court I have done nothing wrong." Next thing you know the SEC has three lawyers sitting in a court room, "Saying show me the money."

Fact is if Rufus just called a cop a name, I doubt they are going to book him. But then again, I went to Panama City, FL for one of my college spring breaks. I have seen stranger things happen. Gotta great picture of my friend getting arrested. [Big Grin]

--------------------
Una Mas!

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GreenDay
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quote:
Originally posted by plni:
Im In weeki wachi and have had the windows open for two days,Its great here.

I live a couple miles down the road off County Line, howdy neighbor!
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GreenDay
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quote:
Originally posted by St. Matthew:
quote:
Originally posted by 10of13:
I don't think that Tut is "there" as in at the courtroom...I think he is there as in at HSM...

He has been in contact with Mitch...as have I.
Anything you can share? If you already did, sorry, trying to catch up.
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bigstocks
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Anyone think the letter to Aturd probably didnt help either? Just to add to the conspiracy theory.
JMHO

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GreenDay
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Funny story, my husband knows nothing and has nothing to do with trading or message boards but has been listening to my Rufus stories since July, I was stressing over the SEC docs that I was just reading and he says to me.. "maybe the naked shorts have strong connections in the SEC and are causing this"... I thought it was pretty funny that he too is part of the kool aid drinkers and he doesn't even know it. I'm thirsty.
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TaxBack04
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I gotta go but let me leave you with this. Read some of the other Litigation Releases on the SEC web site. Famous names like Enron and NMC and serious federal crimes make up that entire list. and then go back and read the one for CSHD.

I mean it starts out with a "complaint" was filed. Even the other releases with complaints start out with some serious meat attached. Action, Indictment, or settlement.

here is the link again:
http://sec.gov/litigation/litreleases.shtml

Thnks,
TB

(By the way I don't plan on losing my cash either, just not sweating.)

--------------------
Una Mas!

Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
glassman
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GD... another anonymous female poster is revealed..
i'm beginning to wonder if us guys aren't really outnumbered here after all?

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Don't envy the happiness of those who live in a fool's paradise.

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Jellz
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quote:
Originally posted by glassman:
GD... another anonymous female poster is revealed..
i'm beginning to wonder if us guys aren't really outnumbered here after all?

You wish Glass! [Wink]
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GreenDay
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[Big Grin]
Posts: 551 | From: FL | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
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