quote:Originally posted by a surfer: I honestly don't think it will be Sabra, although she is most likely qualified.
My guess is that a CEO will come from a co. already trading on AMEX that we will eventually merge with.
I think Sabra will run the company (she has been pretty much for 2 weeks) in the interim. I think they have somebody much bigger and better known up their sleeve. JMO
Personally, I would like to see us merge with Berkshire Hathaway and receive a 1 for 1 share swap.
Now that is the call St. Matt
And if that is the case I will HIRE someone to build you whatever you want.
posted
Yes, good posts people. And thanks for disagreeing with me without getting nasty. This is what a lot of other boards don't understand is possible.
All in all I wait with great anticipation to see who is named CEO and what their first words are to the shareholders. If they try and distance themselves from the promises of Rufus, then we may have a problem, but if they come in and say that they are committed to the company and the goals that had already been set forth, then I'll be a happy camper.
-------------------- "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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I used to like to read your stuff but man you have went down hill. Call it whatever you will but you still have to keep optimism about the future of the stock. You are being negative and you don't even know if the things happening are going to be bad. I am not saying that the stock could not do bad or good, but I have to believe in why I bought the stock. Your wasting your time in posting, you'd be better off running or working out and getting your frustrations about the stock taken care of that way. Why do you want to continue trying to bring others down by your post. I mean this to offend or cause you to change your thoughts. I do hope you the best on your investment and try believing instead of being run down. I hope you don't act this way everytime you receive bad news because your family has to live on a rollercoaster.
posted
Can anyone provide a list of names and the contacts for the Board of Directors? I have looked through the past threads and on the company website and can't find that information. Please help.
Posts: 77 | Registered: Oct 2006
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posted
OK, I guess I spoke too soon on the "getting nasty" thing.
Shomethamoney. If you want mindless cheerleading perhaps HSM is where you should post.
If you find it unusual for an investor to say "Hey, our company is under investigation for fraud and our CEO has been fired. This may be bad" Then you are not looking to discuss the stock, you are looking for a support group.
I always liked you Shome. But please don't attack me, question my motives, or tell me I need a rest just because I mention that something bad happened when in fact it did.
-------------------- "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 voyager1951: Can anyone provide a list of names and the contacts for the Board of Directors? I have looked through the past threads and on the company website and can't find that information. Please help.
posted
Nice, it took a little bit of hashing out but everyone seems content with their own opinions...for now. There were a few nasty posts this morning....that im embarassed to admit i played along with, but it looks like everyone is back to waiting for the next bit of news.
Oh yea, whoever deleted my post earlier when i was acting out against a specific poster..thanks. I needed a timeout. Posts: 2308 | From: Michigan | Registered: Jun 2006
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posted
Doniboy ~ I said you probably need a break because sometimes we all need a break. Over the past two weeks you have (like it or not) come accross more as a person with an agenda than a overly concerned seeker of the truth.
I hear what you are saying, and I respect your opinions and thoughts. I have even defended your posts over the last couple of weeks. (Like any post really needs defending on an open forum.)
Negative posts are more than welcome in my book but trumpeting fear and slighting people for their fact based opinion can be a really subbtle way of fostering confusion.
Ask Repoman he knows all about playing off peoples fear and causing confusion. If he wasn't around here all the time, I would think he doesn't like us.
Happy posting. (In all fairness, I also have the been known to post things that I go back later and wish I hadn't.) Not yesterday though. yesterday was a good day for me.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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posted
Yes, surfer, I am. I would like to see the list. Publically traded companies' BODs are a matter of public record, I'm just having a hard time finding them.
Posts: 77 | Registered: Oct 2006
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posted
Thanks Tax, but I have no problem with anything I have posted. I have no agenda here at all.
I weigh both sides. I liked the reponses that I got when I posted a negative. People came back at me with reasons that they feel differently. It makes me happy to see that people have an opinion and defend it.
-------------------- "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 voyager1951: Yes, surfer, I am. I would like to see the list. Publically traded companies' BODs are a matter of public record, I'm just having a hard time finding them.
I think his point was just that that question was the start of most people's DD on this company...(I don't mean any offense though)
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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posted
Sherri, I understand that and I have tried to dd it and am coming up empty. So, unless everyone considers their dd proprietory or are unwilling to help a fellow stockholder where he is coming up short (no pun intended), I would like to have the information. I have looked on the website and the executives are listed but not the BOD. Are they one in the same?
Posts: 77 | Registered: Oct 2006
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quote:Originally posted by voyager1951: Sherri, I understand that and I have tried to dd it and am coming up empty. So, unless everyone considers their dd proprietory or are unwilling to help a fellow stockholder where he is coming up short (no pun intended), I would like to have the information. I have looked on the website and the executives are listed but not the BOD. Are they one in the same?
Effectively one in the same. The Executives page on their website differentiates between Directors and Officers, however, in PRs, I know that Sabra and Mitchell were named as board members when they booted Mensah.
Hope that helps...
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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posted
I don't care what anyone says, theres no way this could be a good thing. think about it rufus was planning on being around for a while longer. he hasnt even finished litigation...this is kinda frightening if you ask me. the fact that share holders moral is still up, disturbs me! the pr was so general, it wouldve been nice if they pred more INFO..geez...i hope we are still on track to wrap this up by monday/tueday
Posts: 3086 | From: miami | Registered: Nov 2005
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posted
IHUB acting up...perhaps the CSHD bashers are typing too fast!
Deep down, we all knew that RPH would have to go if this company was to earn any credibility on Wallstreet. We could not have gotten where we are without him...but time to bring in a new and un-bashable face. Bottom line? If you believe in the bonds and the business plan...you have nothing to worry about IMO.
Posts: 33 | Registered: Oct 2006
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posted
So what will happen in court now? I assume Rufus will still be there, but who will represent the company?
Posts: 1028 | From: Georgia | Registered: Jul 2005
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
As a result of the agreement noted in Item 1.01, and incorporated by this reference; the surviving Directors and Officer of the Reorganized corporations are listed as follows:
Exiting Board of Directors
(a) Michael Alexander Chairman
Exiting Officers
(a) Michael Alexander Chief Executive Officer
(b) Randy Moseley Chief Financial Officer
(c) Jacquie O'Neill Account Manager
(d) Jerry Willeford Fleet Manager
(e) David Perley Operations Manager
-------------------------------------------------------------------------------- Surviving Board of Directors
(a) Rufus Paul Harris Chairman
(b) Ben Stanley Director
(c) Jerry Bivens Director
(d) John Walsh Director
Surviving Officers
(a) Rufus Paul Harris Chief Executive Officer
(b) Ben Stanley Chief Operating Officer
(c) Darryl Horton Chief Financial Officer
(d) Jerry Bivens Corporate Secretary
(e) Romeo Venditti Executive Vice President of Global Investements
(f) Sabra Dabbs Executive Vice President Investments
(g) John Walsh Executive Vice President Administrations
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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posted
Rufus was not a sacrificial lamb; the SEC was probably going to able to prove that the wording of some of his PRs were "misleading", so his removal to me shows the first signs of a settlement. By having Rufus step down, I'm sure the SEC will drop any further investigation and save face at the same time.
Posts: 88 | From: NYC | Registered: Oct 2006
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posted
I incorrectly stated that Mitchell was added to the BOD by the PR, but this is a direct quote from the 9/21 PR also:
"Ms. Sabra Dabbs has been added to the Board of Directors as Corporation Secretary and Executive Vice President of Global Investments of Conversion Solutions Holding Corp. "
quote:Originally posted by TaxBack04: Straight from 8/29 8KA:
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
As a result of the agreement noted in Item 1.01, and incorporated by this reference; the surviving Directors and Officer of the Reorganized corporations are listed as follows:
Exiting Board of Directors
(a) Michael Alexander Chairman
Exiting Officers
(a) Michael Alexander Chief Executive Officer
(b) Randy Moseley Chief Financial Officer
(c) Jacquie O'Neill Account Manager
(d) Jerry Willeford Fleet Manager
(e) David Perley Operations Manager
-------------------------------------------------------------------------------- Surviving Board of Directors
(a) Rufus Paul Harris Chairman
(b) Ben Stanley Director
(c) Jerry Bivens Director
(d) John Walsh Director
Surviving Officers
(a) Rufus Paul Harris Chief Executive Officer
(b) Ben Stanley Chief Operating Officer
(c) Darryl Horton Chief Financial Officer
(d) Jerry Bivens Corporate Secretary
(e) Romeo Venditti Executive Vice President of Global Investements
(f) Sabra Dabbs Executive Vice President Investments
(g) John Walsh Executive Vice President Administrations
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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posted
I wonder if Rufus will disappear now or if he will make a final goodbye...Perhaps with a clue or two in it as to what the deal is.
-------------------- "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 Doniboy: I wonder if Rufus will disappear now or if he will make a final goodbye...Perhaps with a clue or two in it as to what the deal is.
Actually, I would not be at all surprised if Rufus calls in to SPR tonite. I'll be listening for it.
Posts: 228 | From: Denver | Registered: Oct 2006
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quote:Originally posted by Doniboy: I wonder if Rufus will disappear now or if he will make a final goodbye...Perhaps with a clue or two in it as to what the deal is.
Actually, I would not be at all surprised if Rufus calls in to SPR tonite. I'll be listening for it.
quote:Originally posted by Doniboy: I wonder if Rufus will disappear now or if he will make a final goodbye...Perhaps with a clue or two in it as to what the deal is.
Unless he agreed not to, I'm sure we will hear from him.
Posts: 33 | Registered: Oct 2006
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posted
I hope so. I'd like to hear him with the shackles of SEC opression removed. Unless of course he decides to bag someone...then I'd rather he just keep quiet
-------------------- "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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You have been banned for the following reason: posting off subject after warnings
Date the ban will be lifted: Nov 3rd, 2006
will i get to post there on the 3rd? i had a bad azz avatar and abad azz handle would hate to see it go to waste =(
Posts: 3086 | From: miami | Registered: Nov 2005
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quote:Originally posted by trade04: man HSM SUCKS!!!! it says
You have been banned for the following reason: posting off subject after warnings
Date the ban will be lifted: Nov 3rd, 2006
will i get to post there on the 3rd? i had a bad azz avatar and abad azz handle would hate to see it go to waste =(
You know what, something is going on over there. I was banned this morning as well... for no apparent reason. Maybe the days of Lucky and Brazer are back?
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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This company's future is in leveraging assets for a profit. Naturally, the first phase of the business is loading up the initial pot of money. It is obvious at this point the strategy is based on the successful acquisition of the rights to a portfolio of bonds, and the subsequent hypothecation of those bonds into working capital. By all accounts, this was Rufus' area of expertise. The bonds are secured (according to all evidence thus far), loaded into Euroclear and, according to a comment by Rufus, money has already been raised on at least some portion of the bond(s). If this is true, funds should be available for reinvestment immediately on an international level (the point of Euroclear). That is very good news in the interest of making some real growth some real progress by year end.
Phase 1 of Conversion Solutions is soon to come to an end and the business will begin the process of making money, not raising it. We all knew based on interviews that Rufus' time as CEO was coming to an end soon enough, one way or another. If that end could serve a useful purpose in brokering a deal with the SEC all the better. If this is what has happened then everyone wins.
My only real concern at this point is when the stock will trade again. As much as we all wished for it to reopen, we should now be praying for it to stay suspended or otherwise halted until we get some news out. I have no doubt that several people are lined up for key positions and this was hinted at a few times in the past. We need those appointments to be official before we open again. I would not be surprised if we continue to stay officially suspended for the next few days, or even until the 6th, just to buy time to get everything lined up and a few PRs/8Ks out the door (possibly a contingency penned in a SEC agreement). I fully expect to see the first appointment announcement (logically the CEO position) as soon as today and no later than tomorrow, certainly before we trade again.
In short, I believe the SEC business is behind us. We are moving on with company business in a direction we all anticipated, although via a route none could have guessed. The next few days should give everyone reason to remember why this company has so much potential. If I am wrong then I will lose just like everyone else when this thing starts trading again.
By the way, one of the big bonds is rumored to be underwritten by J.P. Morgan and Credit Suisse. J.P. Morgan owned Euroclear until 2000 and Credit Suisse has a huge Investment banking arm in the U.S. in the form of Credit Suisse First Boston, as well as asset management offices in 15+ countries. If this is true, these are good friends to have backing your initial capital and a nice place to start if you are in the market for some leads to experienced people.
Lots of speculation and 'ifs' floating about. I look forward to seeing this all unfold.
... In My humble Opinion
Posts: 150 | From: None | Registered: Jul 2006
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