posted
I’m going to post about my day and then try and catch up on the board.
I started today at the court house not knowing what to expect. After 2 minutes of listening to the SEC attorneys talking amongst themselves, I was ready to call my buddy and tell him to pull profits and do the same for me. I left my cell phone in the car though, so I couldn’t do it. I was only able to ease drop on the attorneys and get a gist of what they were saying. I talked with 10of13 and asurfer this morning and I’m sure they posted most of that. So, leaving the court house, I didn’t know what to do. I heard where it was trading and didn’t feel good about everything. I figured I’d just hold because I’m a pretty good bag holder .
I then drove north to the BBQ. Rufus’s place there is real nice and quite impressive. I didn’t expect to meet Mike Alexander there, but he was the first person I met. Ben Stanley was next to him and 2 other gentleman that I don’t remember their names. I think they were with the company though…but I’m not sure.
Let me start off by saying that I didn’t like the fact that Rufus was voted out and Mike voted in. I didn’t know if Mike could handle the billions of dollars that we have and I wasn’t sure how he was. Let me tell you that I’m incredibly impressed by Mike. I’m not usually this way either. He is so genuine and honest. I want this guy running my company!
I mingled with everyone and met the people from HSM and Dog from here (although I didn’t know it). Let me say that there are lots of people in the “know boat”! Rufus talked with us all about what was going on. He was like I expected he would be. He’s very to the point and a stand up guy. He never missed a beat on any questions. Most of what he said has been said before, but I’ll see if I can add more later.
I was also able to sit down with Mike and a few other shareholders and talk for quite sometime. Mike was very open and answered our questions and explained things as best he could. Again, he’s very impressive!
So, I started off this morning feeling very down on the stock, but I did a 180 after the BBQ. Call me a flip-flop, but that’s how it went. I’m now 99.99% positive on this thing. At this point, I don’t think I could see or hear anything that would make me doubt this company.
I’ll try to get into more of the info later.
Posts: 1028 | From: Georgia | Registered: Jul 2005
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posted
Is there something that I am missing from today's 8K? Am I missing pages? Besides mentioning Romeo Vinditti, what is its purpose?
Posts: 557 | From: UpState New York | Registered: Sep 2006
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posted
adding romeo vinditti to the bod was the sole purpose of the 8k doc.
milliam what facts were you given at the barbeque changed your mind? imho your post was nice but didn't add any substance to this situation. give us a little bit of meat, please!!
-------------------- I'm from Missouri - Show Me! Posts: 950 | From: Middle of Nowhere, Missouri | Registered: May 2006
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posted
Hehe Simon is saying that people need to stop worrying about whether or not Rufus wipes with his left or his right hand and just wait for real news when its available....or something along those lines. Posts: 2308 | From: Michigan | Registered: Jun 2006
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My only concern is that everyone who meets these guys loves them, but that still doesn't mean we have a good business plan. Was anything along the lines of business planning done?
-------------------- "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 Mr. CATIAEngineer: Hehe Simon is saying that people need to stop worrying about whether or not Rufus wipes with his left or his right hand and just wait for real news when its available....or something along those lines.
That's funny as h*ll ~ LOL
I really like what some are saying about the BBQ, still hope they pull this off! Got 6 x my shares coming if they do, so YES I REALLY mean that!
--and I hear there's a "LAWYER" (a damn good one!) now!
-anyone that was there wanna go into that some?...
posted
Thanks milliam; Holding Strong - Holding Long
quote:Originally posted by milliam: I’m going to post about my day and then try and catch up on the board.
I started today at the court house not knowing what to expect. After 2 minutes of listening to the SEC attorneys talking amongst themselves, I was ready to call my buddy and tell him to pull profits and do the same for me. I left my cell phone in the car though, so I couldn’t do it. I was only able to ease drop on the attorneys and get a gist of what they were saying. I talked with 10of13 and asurfer this morning and I’m sure they posted most of that. So, leaving the court house, I didn’t know what to do. I heard where it was trading and didn’t feel good about everything. I figured I’d just hold because I’m a pretty good bag holder .
I then drove north to the BBQ. Rufus’s place there is real nice and quite impressive. I didn’t expect to meet Mike Alexander there, but he was the first person I met. Ben Stanley was next to him and 2 other gentleman that I don’t remember their names. I think they were with the company though…but I’m not sure.
Let me start off by saying that I didn’t like the fact that Rufus was voted out and Mike voted in. I didn’t know if Mike could handle the billions of dollars that we have and I wasn’t sure how he was. Let me tell you that I’m incredibly impressed by Mike. I’m not usually this way either. He is so genuine and honest. I want this guy running my company!
I mingled with everyone and met the people from HSM and Dog from here (although I didn’t know it). Let me say that there are lots of people in the “know boat”! Rufus talked with us all about what was going on. He was like I expected he would be. He’s very to the point and a stand up guy. He never missed a beat on any questions. Most of what he said has been said before, but I’ll see if I can add more later.
I was also able to sit down with Mike and a few other shareholders and talk for quite sometime. Mike was very open and answered our questions and explained things as best he could. Again, he’s very impressive!
So, I started off this morning feeling very down on the stock, but I did a 180 after the BBQ. Call me a flip-flop, but that’s how it went. I’m now 99.99% positive on this thing. At this point, I don’t think I could see or hear anything that would make me doubt this company.
I’ll try to get into more of the info later.
Posts: 507 | From: Rochester, NY | Registered: May 2005
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quote:Originally posted by thedoctor: Is there something that I am missing from today's 8K? Am I missing pages? Besides mentioning Romeo Vinditti, what is its purpose?
Get in the boat...Who might be out if he is in?
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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posted
On a positive note, we should expect to see the Federal Judge's written statement on PACER tonight or tomorrow. Hopefully this will give market makers a level of confidence that will bring us to a bid/ask market tomorrow.
I mentioned this yesterday and want to mention it again. For those you who think this is the worst situation possible for CSHD, let me share with you what I received in the mail yesterday. I was long in a company that went belly up and after six years of litigation I finally recieved the class action notice - six years! CSHD could have been in SEC receivership right now, wth no hope, and we would be talking about class action lawsuits. We're not! Ask yourself why. The reason is obvious even though it hasn't been PR'd yet.
Posts: 386 | From: Plano, TX | Registered: Oct 2006
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posted
Thanks portman, but I do still hold some, a small amount now, and if CSHD wins in court, then everyone here would win to! --with that 6 for 1 payout
Still VERY much praying this baby gets wings!
After what some have said today who were at the BBQ, I still have hopes, -the 6 for 1 is still on I guess, and they have found their "Bulldog" lawyer, and if I heard right about who it is we have ALL heard of his case's that he has been in,.. -and WON
posted
is there a new thread or something? What am i missing?
-------------------- ------------------------------------ Make the Time! Ett3 ------------------------------------ Posts: 37 | From: California | Registered: Oct 2006
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posted
Portman ~ you are funny. You can delete it but I saw it... that is all that matters. I got my duct tape. Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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quote:Originally posted by ruiz5: Why is it so hard to prove ownership of a bond. Good Lord what is the procedure? If they had all the right doc. why is the sec still not satisfied? Just very aggervated at this point...
It is actually quite hard when you look in the wrong place.
Do some research on Euroclear procedures.
There is but one real way to prove the bonds exist...Hypothecate them. Assuming none have been hypothecated as of now.
Not much the SEC can question once a bank uses one as collateral in a loan. Live by the sword, die by the sword.
Checkmate.
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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posted
Welcome to my world...that's how I felt last week after the Dallas meeting. I truely thought we were "Golden". I felt like I made a complete ass out of myself for telling you guys everything I was feeling that night. Then today happened.
Complete manipulation by the SEC. Personally, I wouldn't have signed off on any paperwork last night without making sure the halt continued until we are allowed to PR something to inform people that CSHD came out of this clean and we had some MM's lined up.
I really hope Mike can turn this around, but his lack of communication with shareholders has lost a lot of my faith. It just seems like stuff just keeps happening to us with a proper response.
Did they give you guys any speeches about not sharing info you learned today out here...on the boards? I mean, we did not hear from anyone at the BBQ until late afternoon. I thought that was weird.
Matthew
quote:Originally posted by milliam: I’m going to post about my day and then try and catch up on the board.
I started today at the court house not knowing what to expect. After 2 minutes of listening to the SEC attorneys talking amongst themselves, I was ready to call my buddy and tell him to pull profits and do the same for me. I left my cell phone in the car though, so I couldn’t do it. I was only able to ease drop on the attorneys and get a gist of what they were saying. I talked with 10of13 and asurfer this morning and I’m sure they posted most of that. So, leaving the court house, I didn’t know what to do. I heard where it was trading and didn’t feel good about everything. I figured I’d just hold because I’m a pretty good bag holder .
I then drove north to the BBQ. Rufus’s place there is real nice and quite impressive. I didn’t expect to meet Mike Alexander there, but he was the first person I met. Ben Stanley was next to him and 2 other gentleman that I don’t remember their names. I think they were with the company though…but I’m not sure.
Let me start off by saying that I didn’t like the fact that Rufus was voted out and Mike voted in. I didn’t know if Mike could handle the billions of dollars that we have and I wasn’t sure how he was. Let me tell you that I’m incredibly impressed by Mike. I’m not usually this way either. He is so genuine and honest. I want this guy running my company!
I mingled with everyone and met the people from HSM and Dog from here (although I didn’t know it). Let me say that there are lots of people in the “know boat”! Rufus talked with us all about what was going on. He was like I expected he would be. He’s very to the point and a stand up guy. He never missed a beat on any questions. Most of what he said has been said before, but I’ll see if I can add more later.
I was also able to sit down with Mike and a few other shareholders and talk for quite sometime. Mike was very open and answered our questions and explained things as best he could. Again, he’s very impressive!
So, I started off this morning feeling very down on the stock, but I did a 180 after the BBQ. Call me a flip-flop, but that’s how it went. I’m now 99.99% positive on this thing. At this point, I don’t think I could see or hear anything that would make me doubt this company.
I’ll try to get into more of the info later.
-------------------- "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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quote:Originally posted by Chart walker: Thanks portman, but I do still hold some, a small amount now, and if CSHD wins in court, then everyone here would win to! --with that 6 for 1 payout
Still VERY much praying this baby gets wings!
After what some have said today who were at the BBQ, I still have hopes, -the 6 for 1 is still on I guess, and they have found their "Bulldog" lawyer, and if I heard right about who it is we have ALL heard of his case's that he has been in,.. -and WON
So I'm still hoping the fat lady stays sitting!
Hoping that for everyone ~
--dang it I like CSHD!
Why is everyone tap dancing around the name of the lawyer in question?
Posts: 228 | From: Denver | Registered: Oct 2006
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quote:Originally posted by ruiz5: Why is it so hard to prove ownership of a bond. Good Lord what is the procedure? If they had all the right doc. why is the sec still not satisfied? Just very aggervated at this point...
It is actually quite hard when you look in the wrong place.
Do some research on Euroclear procedures.
There is but one real way to prove the bonds exist...Hypothecate them. Assuming none have been hypothecated as of now.
Not much the SEC can question once a bank uses one as collateral in a loan. Live by the sword, die by the sword.
Checkmate.
ahhh! I think I kind of get it but I am going to read up some more on the actual procedures. Thanks.
Posts: 42 | From: Louisiana | Registered: Oct 2006
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posted
Hmmph. I've told you all I'm as new as it gets. I appreciate all the work everyone has done. I've learned a great deal. Thank you.
I'm simply tired of the BS. I hope it works out...really. I'm not selling, but I do believe this is most likely not going to turn out well. This was the 2nd BBQ and third shareholders "does this make you feel beeter" party. This company needs to start acting like a real public company. Honestly...shareholder BBQ's at the {former} CEO's spread? I don't have enough in to be hurt...I would likely blow more at the bar on a good Friday night. I am disappointed though. If things had started moving I *might* have invested more.
May they prove me wrong soon...good night.
-------------------- One shot - One kill. Posts: 216 | Registered: Jul 2006
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posted
They went to the BBQ, they feel better then ever. 99.99% sure... What the hell does that mean. Give us some details, give us some proposals, plans, proof, etc. What is the game plan Mr. Alexander and Mr. Harris. You might be a redneck if You have thousands of shareholders screaming and you're at a BBQ drinking a Bud.
-------------------- If you repeat a lie often enough it is perceived as truth Posts: 478 | From: Florida | Registered: Oct 2006
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quote:Originally posted by stockinthemud: Correct me if I'm wrong, but on the grays the value of the stock isn't accurately reflected in the PPS, is it? I mean, if I set a few buys in for 100 shares each at $10, and someone sells a few blocks of 100 shares at $10, then the PPS will hit $10 each time a trade goes through....and consequently, people will raise their sell orders based on these false, positive indicators. Today, the opposite happened, we open at ~$2, and right off the bat, we saw trading at $.25, so people wanting out lowered their sells, since it looked like others were dumping at whatever price they could. But for a sell to take place on the grays, doesn't there have to be a buy at the same price? If it's tradking at 2 bucks, who on earth would set a sell as low as .25, and why would there be a buy order there already? It had to be manipulation, IMO. Is this legal? Would it be legal for someone to do the opposite, and force it upwards?
Ok, gang...
have read for a bit and will reply to few, then read some more...
lottsa questions, eh?
"but on the grays the value of the stock isn't accurately reflected in the PPS, . . . ."
point well taken...dang tough to make a market on greys...
on the other hand? the reasoning here is reminiscent of sports: "Dang, if TO caught that pass, the Cowboys win!"
Not making light of the situation, not at all...simply saying the fact of the matter is this *is* the greys--as 10 and I remarked only last evening--accordingly, this *is* the market. The market is speaking... Myself? I would take those small blocs at extremes as test orders, an attempt to "describe parameters..."
It had to be manipulation, . . . . I personally don't see it that way...I see a controversial stock trading on the greys, which by definition means no bid/ask.
Would it be legal for someone to do the opposite, and force it upwards?
How would that work? lol, "test-buy" your own "test-sell"? Or get friends involved? I *would* definetely know the answers to 99% of the questions we've faced in the past few months before I would try that...especially on phone-in orders.
quote:Originally posted by JHenry: Thanks milliam; Holding Strong - Holding Long
What I was trying to say a few posts ago was "thank you" for posting your thoughts about the BBQ. It makes me feel better knowing I'm not crazy. 5 stars for you sir.
-------------------- "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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quote:Originally posted by portman: I am going to be perfectly honest with you all.
I want this stock cheaper before the end of the week.
I have not placed a buy order today. I will place one tomorrow and into next week.
I will not confirm or deny the additional 6.
I do not think in any way shape or form Mike A. has sold shares into the market.
I will tell you I have not sold and in fact I have not worried about the price today...Other than I did not get the buy on either the .25 or .05 (fat finger).
The longer we channel this way the more likely I am to accumulate.
Take that FWIW. I am contrarian to the market thus far on this stock and I continue to be so.
I have not yet lost money on this stock.
Right now assuming the 6 additional this is a bit pricey compared to pre 10/16 trading.
The shorts cannot cover until they have true liquidity.
I do think Rufus is in real trouble. he made some mistakes. I still like the guy a lot.
I gotta tell ya...I am amazed this is trading this high today.
the way some of you are *****ing while holding is hilarious to me. Yes, that means you The Source. People who hate the stock and those associated as much as some of you are professing and are still holding have lost it man.
Just sell and kick the dog and be done with it. Don't blow an artery out over it.
Those sound in their DD are calm today. I see they are few and far between...but I do take note.
A lot of those people are at a BBQ...enjoy all!
I think today was a blessing in disguise.
Why. Because no one who is long is going to accept a 75% loss. period
Not when we understand the true value of our shares.
Had this traded from a 1.00 to 1.50 I think a lot of the weak hands would have folded.
And the asssumption that Mike A. has no attorney is absurd.
The fact is they signed an injunction so they did not have to be at court today.
Was this the right thing to do?? Only time will tell.
If this was a scam we would NOT be trading!
"If this was a scam we would NOT be trading!"
Emotion understood...
however, logically this is simply not the case. To wit:
1) Suppose the SEC chose to suspend again--which is their available route to "prevent trading"...would that in and of itself *prove* anything?
No...it might indicate an "unprecedented-in-recent-memory" event, but it would *prove" nothing.
2) Because the SEC chose *not* to suspend again, does this *prove* anything?
Again, no...
The only "proof-in-the-pudding" is the SEC asked for an injunction...and got it.
quote:Originally posted by SherriT: I think Sabra was U.S. and Venditti was European/Int'l...I don't think he was on the BOD though, and she was...maybe just bumping him up.
This is my belief as well...I believe Sabra is still around. Unless the SEC said "get rid of her", she would be a huge loss for the company.
It's possible that she is doing a lot of Rufus' stuff in order to help Mike. Remember...until a week ago, Mike was focused on running another company.
-------------------- "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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quote:Originally posted by TexasMoney: Unbelievable! Just when I thought it couldn't get worse I just found out Britney Spears has filed for divorce. Almost enough to put me into the fetal position.
no kiddin'
tragedies like that help you put things in perspective...
quote:Originally posted by SherriT: I think Sabra was U.S. and Venditti was European/Int'l...I don't think he was on the BOD though, and she was...maybe just bumping him up.
This is my belief as well...I believe Sabra is still around. Unless the SEC said "get rid of her", she would be a huge loss for the company.
It's possible that she is doing a lot of Rufus' stuff in order to help Mike. Remember...until a week ago, Mike was focused on running another company.
St Matt...I like ya....but you are not getting the big brain duct tape for this one.
Sabra...removed as director...Vendetti (sp) gets her old title...
A + B = C (Math never lies)
I think there is a Star Wars saying that goes with this one.
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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posted
The question is, why would Sabra be removed? IIRC Rufus has nothing but good to say about her.
Posts: 854 | From: Alpharetta, GA | Registered: Mar 2006
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quote:Originally posted by ruiz5: Why is it so hard to prove ownership of a bond. Good Lord what is the procedure? If they had all the right doc. why is the sec still not satisfied? Just very aggervated at this point...
It is actually quite hard when you look in the wrong place.
Do some research on Euroclear procedures.
There is but one real way to prove the bonds exist...Hypothecate them. Assuming none have been hypothecated as of now.
Not much the SEC can question once a bank uses one as collateral in a loan. Live by the sword, die by the sword.
Checkmate.
Port,
got a link on "Euroclear procedures" ?
Assuming hypothecation has taken place, what then?
Any examples of an agency *OR* a company either LIVING or DYING "by the sword" ?
posted
Rufus said the injunction happened because CVSU was not prepared to go into court with what they wanted to go in with.
Posts: 603 | From: Plymouth, MN | Registered: Jun 2004
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