posted
yawn, I have to stop listening to Subpenny radio all freakin night.
66 I noticed that Rufus "amended" his statement about the SEC wanting to settle, but he explained it as he was misinformed. He sill sounded sincere about it. After all, he didn't need to come clean. HE could have said that the SEC mentioned it to them and then said they didn't.
JMHO
-------------------- "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 may be right doniboy. i am staying open minded on this until we find out what happens on the 7th. maybe he is sincere. i certainly hope so. JHMO too.
-------------------- I'm from Missouri - Show Me! Posts: 950 | From: Middle of Nowhere, Missouri | Registered: May 2006
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If he's not sincere then we are all done. End of story. All I know is that I am not doing my taxes until we figure it out. Hopefully I won't need to file for an extension this year
-------------------- "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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Well, we are exactly one week away from D-day.
I think we'll learn more and more about things as we go, Rufus likes to keep us informed, and as he mentioned on SPR, he can do that as much as he wants, just can't give out insider information, which he said he never would.
posted
How many other stocks has anyone traded that the CEO gives interviews till 5a.m. None Ive ever been in. JMHO
Posts: 478 | From: Palm Desert, Ca. U.S.A. | Registered: Nov 2004
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quote:Originally posted by 66inxs: why did rufus use maurice, who he says is a criminal attorney instead of a sec type attorney in a sec case? would he hire a sec attorney to handle a dui ? maybe rufus is expecting criminal charges to be filed over this. he also took back the point that the sec wants to settle with him. rufus is losing credibility fast in my book
66 ~ Rufus has not used Maurice in this SEC case. Someone made the comment last night that Maurice is a DUI Attourney could Rufus elaborate.
Rufus said that Maurice is the best criminal attourney that he knows, and when you are dealing with criminals then he is the best to advise you.
As for the SEC investigation he is meeting with a large group of SEC focused Attourney's today and he is going to be looking for one or more that have the teeth needed to be agressive in this case.
Sorry to hear that Rufus "losing credibility fast in my book" I actually moved him up a notch in mine based on last nights SPR interview. Fact is every SPR interview seems to give him a bit more credit for me. He is either honest or has an unexplainable ability to tell the same lies over and over for hours on end in multiple interviews. Fact is I would not want any of the CEO's I have met in the past to be leading this crusade any more than Rufas. Heck my current CEO just walked by my desk dressed up as a giant Boom Box, playing the song "Candy" making sure everyone dressed up for Halloween as was stated in the memo. (I didn't dress up.) I would hate for him to be leading this charge.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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taxback04, as long as rufus has sec type attorney's with him at the court next tuesday he has no problems with me. rufus just worries me sometimes - like a loose cannon waiting to go off. as long as there is a good result next tuesday all is well. i want to go back to making money on this one too!!
-------------------- I'm from Missouri - Show Me! Posts: 950 | From: Middle of Nowhere, Missouri | Registered: May 2006
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My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply Posts: 3086 | From: miami | Registered: Nov 2005
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Hey Tax didnt Rufus say last night he didnt want it trading until it was cleared up? JMHO
Posts: 478 | From: Palm Desert, Ca. U.S.A. | Registered: Nov 2004
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quote:Originally posted by trade04: My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply
I think that is a concern of everyone, but I suspect that the courts and/or SEC would be willing to support Rufus' request to keep it from trading until the investigation is finished. After all, both are supposed to be acting in our "best interests". However, if the SEC truly is looking for a way to help the short position get out of this mess, they may well have done this to cast doubt so it drops like a rock when it resumes....
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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quote:Originally posted by trade04: My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply
You really don't think the SEC would allow that do you? After all they are for the best interest of the shareholders.
quote:Originally posted by trade04: My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply
I think you can count on that IF that were to happen. Which is why i suspect it wont happen as long as Rufus can prevent it. IMO we will not trade again until EVERY detail is worked out. Then we will probably see national coverage of the stock starting to trade again or, to be politically correct, fade away like a bad memory. Be happy that its not trading right now, it would be bad i think
Posts: 2308 | From: Michigan | Registered: Jun 2006
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quote:Originally posted by trade04: My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply
You really don't think the SEC would allow that do you? After all they are for the best interest of the shareholders.
[sarcasm included]
And that's why Rufus wants EVERYONE and their mother to know and hear about this, cause then it'll be hard for them to brush this under the carpet...
posted
The suspense and drama leading up to November 7th is killinig me! Where can I be put into a week long, medically induced comma? That should do the trick!
Posts: 386 | From: Plano, TX | Registered: Oct 2006
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There are so many that have said "I told you so" that maybe some would start buying when it starts trading again whether it was cleared up or not. JMHO
Posts: 478 | From: Palm Desert, Ca. U.S.A. | Registered: Nov 2004
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quote:Originally posted by trade04: My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply
You really don't think the SEC would allow that do you? After all they are for the best interest of the shareholders.
[sarcasm included]
And that's why Rufus wants EVERYONE and their mother to know and hear about this, cause then it'll be hard for them to brush this under the carpet...
Anyone near Washington DC care to organize a protest outside SEC's Headquarters? I'm sure if we get a couple hundred people out in the streets, national news would cover it.
Posts: 2554 | Registered: Nov 2005
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quote:Originally posted by bigstocks: Hey Tax didnt Rufus say last night he didnt want it trading until it was cleared up? JMHO
Yes but he gave no specifics as to what "cleared up" meant. I am sure it has to do with satisfaction of the SEC investigation. but in the manner of restitution. He was not clear of what he expected. He would like it if the SEC could erase the damage they have done to the company and the shareholders who are waiting patiently, but he knows that is asking for the impossible. Would like some effort in that direction was my take on it.
Also said that there will be a PR/News/Event announced before the 7th... Just FYI
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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quote:Originally posted by trade04: My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply
I actually doubt that would happen... Fact is I am not selling my shares for less than 6X they were valued before the SEC halt unless someone can prove to me that the bonds are NOT real. The SEC whether they like Rufus or not, will still have "real" bonds valued at 7.2 billion to contend with.
Bonds attached to a company in which I hold shares. Until this is done or the bonds are liquidated and shareholders are paid back. I am not selling for anything less than $12.60 or greater. People who would risk selling on the greys or otherwise while the bonds are still in existance and attached to this company would be stupid in my opinion. If the price drops to sub pennies... and everyone sells. Well I may just take out a massive loan and buy every single share. Easiest 7.2 Billion I would have ever made.
This is ALL about the bonds at this point.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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This is my first post on allstocks but I have PM several in an information and private concern on CSHD.. I joined the Prodigy network back in 1994 when the Internet StockTalk was the hot topic for stocks. It was where the Motley Fools crew started their agenda and discussion boards. Alot of bantering back and forth. I got in the frey with them many times. I stepped over the boundary with information that peaked the interest of the SEC. I got a call. I was just an ordinary shareholder just like many of you.. The SEC watches these forums very closely.. I was talking to 4 representatives in my conference call. It was just little ole me against them.. I was not a paid employee or promoter.. The SEC will have a long discussion in the end with the CEO and company even if nothing comes up and I think you will see it in their desimination of information. If they really want to make it, it is of upmost importance that they refrain from opening up more than they really have been in the past. It is for the importance of the families monies that have been placed with this company's stock. The names of the posters on this forum are small in comparison to the names of shareholders that read these posts, I can assure you. I'm sure that dogmando*hotmail can attest to that. Many are lurkers that would love to speak their word ( pro or con) but in their nature are followers of the crowd.. The money has always been where the story stock is ( whether a good story or good story gone bad).. We are at a point when the stock opens ( or not) again.. It will either fail miserably or go to the moon.. It will not languish at these levels, I can assure you. You will either lose it all or make a mint. There is too much story and notice now to the public media.. We all have the hopes of these story stocks ( you have found it).. On the opening bell..whenever if ever.. You need to sell at the open or buy at the open.. It is either a $9000 in cash company or 1-2 years a zillion dollar company(or maybe just a million or 2).. You can look at the posts for this stock on any stocktalk board site.. It leads by far.. It is the story stock we all look for. So much unknown. I can assure you, there is only 1-2 people that really know the truth. I'm just a lurker myself with a business, church and family to serve and not this board. I thank you for my freedom to speak and wishing you the many riches in life. It is just what you cherish the most and what you do with it that matters in life. God Bless
Posts: 30 | From: Lousiniana | Registered: Oct 2006
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quote:Originally posted by trade04: My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply
You really don't think the SEC would allow that do you? After all they are for the best interest of the shareholders.
[sarcasm included]
And that's why Rufus wants EVERYONE and their mother to know and hear about this, cause then it'll be hard for them to brush this under the carpet...
Anyone near Washington DC care to organize a protest outside SEC's Headquarters? I'm sure if we get a couple hundred people out in the streets, national news would cover it.
The only problem I see with that idea would be if we end up pushing to far and creating even more discontent towards CSHD by the SEC.
I don't want every SEC person in DC jumping in to help the current assigned staff hit this one out of the park.
I am also not saying lets just sit on our hands and watch- just saying we want to keep the pressure at a certain level.
-my 2 cents
-------------------- Got CSHD? Its fun Posts: 766 | From: Washington, DC | Registered: Sep 2006
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Brooklyn, good to see you in public. Welcome.
-------------------- "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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Brooklyn, Glad you our joining us....I hope you continue to.....we're all just waiting.......your last two lines of your post were so true!!! God Bless you too....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by trade04: My fear is that if this stock comes off the halt while the investigation is still underway that we may fall sharply
I actually doubt that would happen... Fact is I am not selling my shares for less than 6X they were valued before the SEC halt unless someone can prove to me that the bonds are NOT real. The SEC whether they like Rufus or not, will still have "real" bonds valued at 7.2 billion to contend with.
Bonds attached to a company in which I hold shares. Until this is done or the bonds are liquidated and shareholders are paid back. I am not selling for anything less than $12.60 or greater. People who would risk selling on the greys or otherwise while the bonds are still in existance and attached to this company would be stupid in my opinion. If the price drops to sub pennies... and everyone sells. Well I may just take out a massive loan and buy every single share. Easiest 7.2 Billion I would have ever made.
This is ALL about the bonds at this point.
good point it IS all about the bonds. We are expecting more bonds, and i think this whole SEC thing is damaging conversion solutions slowly. for example who's to say that NEW bonds arent being transferred because of this mess. I know that if I owned a bond and wanted someone to manage it for me, i would more than likely stay away from a company under SEC investigation (guilty or not), you know what I mean?
Imo this needs to be WRAPPED UP by november 7th, if this thing drags on too long, it could severely damage conversion imo. good luck to us i say.
Posts: 3086 | From: miami | Registered: Nov 2005
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My question is this: If the whole investigation is about the bonds & they have the codes they need to check ownership in Euroclear, then when the SEC recieves the deposition today from Euroclear, what would be left? Wouldn't that be enough to clear it up?
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by SherriT: hitting the gutter early for us, isn't it rat? please no blue shampoo and naked indians until afternoon -
....my daughter and I dressed up as Snow White and the Wicked Queen today. My co-workers are giving me such grief!
My biggest concern, other than this dragging out, is what the SEC is going to throw at him to make the company falter instead of the bonds, since we know that is real? Thoughts?
Why do you think a shareholder committee is being formed? Stop gap folks...stop gap. Just in case.
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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Jenna, I agree with that. However, there is a lot of attention now and the SEC probably doesn't want to lose face here. As Rufus said they may trump up some charges just to make themsleves look good.
-------------------- "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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Not sure you guys saw this entire thing...if so, I apologize.
RUFUS on Subpenny Radio 10-30-06
RPH: "At this point, it is not going to be a defense; it is going to be an offense."
RPH - I want bulldogs. Someone who does not fear the SEC. Someone to grab the SEC by the throat to correct the problem.
counter suit against the sec!!
RPH - Going to file a countersuit as soon as possible regarding the naked trading. Not going to let them stray from the issue by yelling fraud.
RPH - Euro clear will deliver its deposition by phone tomorrow 1 pm eastern to the SEC
Rufus - same thing I said the whole time. Nothing that has been presented whatsoever is fraud. We have what we say we have, no doubt about it.
"They made a huge mistake!" Rufus about the SEC
Rufus - I promise you shorties. You will remember my name for the rest of your life.
RPH: get ready for the beginning of the end for the shorts.
sim - about the cease and desist order from deutche bank, is that false
Rufus - yes its false, no cease and desist order has been issued
Get ready for the beginning of the end of the shorts.
"You will remember my name for the rest of your life"
We will stop the thieving of mom and pops retirement and small investors by NSS.
I’m listening ......he says there was no cease and desist order
Shareholders committee needs to step up and let the SEC to know we are protecting our interest and we will not go away.
I received more information off of HSM than I have received from investigators we paid to check out somebody. Their background checks, etc. How? I don't know.
Rufus - They came out of the court the best it could have. They got the best possible scenario coming out of that court.
Simon - might there be a family relationship between former Georgia governor Joe frank Harris and yourself
Rufus - no comment, next question
Simon - laughs
Simon - Please tell Rufus, that jams has approx 12 mil shares for shareholder committee
Rufus - you go dog man
Simon - has the company has a hard count of all the certs that have been pulled?
Rufus - No, they are still going on. The spreadsheet is growing. I am very surprised, weeks later, after we asked for anyone’s name not on the list to contact the company. All of the things we have done, take a step back, and ask why? Why did they go and boost the DTCC number with the institutional amount, and the Names on the NOBO list? Why did Rufus do that? Why did he walk in the court Georgia and put documents so that you can log on a website and look at them publicly, months prior to all of this, so you as a shareholder can see anything you want? For someone to say I am perpetrating fraud, and file at the Georgia courthouse to see publicly, you are an idiot to believe that. Why would I do it? What’s the logic behind it? I wanted the SEC to arrest me fast? (sarcasm) I wanted to give evidence to public to indict myself? It doesn’t work, it’s illogical.
Simon - laugh, you made good points
Rufus - they are not points, they are fact,
Rufus was referring to all the documents he filed some time ago at http://www.gsccca.org/
Simon - Regards to cease and desist letter from Lehman brothers, have you received that?
Rufus - No we have not, that is false also
Simon - Do you believe CSHD will resume trading NOV 8?
Rufus - Ya know, I don’t know. I do not know, we are going to hit them. I’d like to say we are trading sooner.
Simon - were u surprised by the amount of them. Level of backing you are getting from shareholders, specifically the HSM folks?
Rufus - No, I just think its people that have set down, and done their DD on what I’ve showed them. They have a comfort level, I am not surprised.
Rufus - I am glad you are shareholders. Everyone is going to be happy. I think you wont regret your decisions under any circumstances, whatsoever
Simon - do you still stand behind the 15 guarantee
Rufus - I thought we made it clear its 12.60 now, and yes I stand behind that (chuckle)
Simon - with people that are signing up with the shareholder committee, with regards to it, is there any negative repercussions with having this created?
Rufus - its just so shareholders can participate in the actions of the corporation
Simon - do they give up their right o sue the company if anything goes bad
Rufus - no no no… They get together to form a group, have 2 or 3 reps, representing their voice, they can be at any board meeting, its a way for shareholders to stay informed with the company, rather than waiting for quarterly filings to come out. You get information that at times you get to vote on, make recommendations, etc.
Simon - I am concerned that suspension will get drawn out due to suits, counter suits, etc.
Rufus - I have no concern about that. The SEC case is built on that the bonds are frauds, it’s on their website. All that has to be done is SEC is happy with documentation and answers they get.
Simon - on Thursday you said something to effect that it won’t be drawn out past Nov 7th
Rufus - I still say that.
Simon -even if it takes longer than Nov. 7th, for everything to be restored how it was, prior to this suspension?
Rufus - if there is a stall in a system, it’s probably because t will just be a stall tactic. I don’t see how it won’t be back to normal by Nov. 7th, or before Nov.7th. I doubt that, its going to be a cram to get an attorney in to get stuff filed. NOV 7th is next week.
You, the shareholders, are the reason this is going through. It is your voice that made this happen.
Simon - are u concerned that the stock or company will be REVOKED
Rufus - revoked?
Simon – de-listed like CMKS
Rufus - Am I concerned about that? That would require for the bonds to be fraud. That would require exactly what they accused us of not having. IT IS NOT SO
Simon - is Benson still part of the team
Rufus - I have not received a letter from Benson resigning. Have I spoken with him? No I have not
Simon - so you are still operating under assumption Benson is still part of the team
Rufus - without a shadow of a doubt
Rufus said the bonds exist and therefore the company can't be revoked (summary, not literal).
Benson is still part of the team, "without a shadow of a doubt"
Simon - Have you asked about issuing the reorganization shares, the 6 for 1 shares. Is that on schedule
Rufus - yes, we are not pulling shares back, it was put in an agreement, the merger agreement, and it was signed. No going back on it.
Simon - last time when we talked on Thursday you planned on putting out 8k and PR about credit line, is that on schedule any updates on that?
Rufus - I talked about that today
Simon - last time when we talked on Thursday you planned on putting out 8k and PR about credit line, is that on schedule any updates on that?
Rufus - I talked about that today. We are going to submit that to the court. We want to include that in the court Docs, going to meet with attorney tomorrow and discuss it with him and go from there.
Simon - If the SEC is accusing CSHD of fraud pertaining to the bonds and CSHD is cleared of all charges in court, would it be against the law to try CSHD on the same charge, thus the SEC can’t try to pick out little things to try to hang CSHD with, like HSM, or quote from SPR?
Rufus - Very possible, that is where your shareholder committee voice comes into play. I think the SEC is nervous, that wasn’t the intention of it, and it was to end the crap. I asked for formal, and this is as formal as you can get.
Simon -can Rufus give us a timeline of expected events, like Price per share values, etc
Rufus - No, just get ready
Simon - this is something that a lot of folks from Anthony, jams, mike, from day 1 They said, Rufus has been saying all along what we can expect to happen because he has been down this road before. As far as I know, everything you communicated did not include this recent course events, the SEC and so forth. Any other things that may happen along the way that shareholders should keep an eye out for?
Rufus - Look for lawsuits, congressional hearings, investigations being launched by congressmen, special committees being appointed to investigate this stuff. Watch it, that’s what you’ll see. Left and right.
Simon - what happens if a short, any short, is unable to cover because of financial reasons
Rufus - may GOD BE WITH YOU FOR HIM, and ill pray for him
Simon - chapter 11, will that save them
Rufus - I don’t know.
Simon - ok
Rufus - you have to go for every single one of them, you can’t stop at one.
Simon - ok, so you are basically saying if they can’t pay up the bill, may God help them
Rufus - you have to understand once the ball is rolling, no stopping it. everyone was offered an opportunity to settle, reasonably, the offer was on the table, I was very nice about it, all I did was give the bashers more stuff to talk about "Ha-ha short sells don’t exist they screamed", so what.
Simon - if all the shorters file bankruptcy, where are the monies going to come from
Rufus -
Simon - if all the shorters file bankruptcy, where are the monies going to come from
Rufus - depends on how good your attorneys are. They are liable also, everyone is liable.
Simon -earlier we were talking about everyone being liable. Are you kind of hinting that if necessary, if naked shorts don’t have good enough lawyer, you talking liquidation of assets maybe?
Rufus - this is anew area everyone. If you want blood, they are already bleeding. They are bleeding right now. They are scrambling to stop their sore, and you are hearing from the sores' mouth on the radio (being Rufus). THERE IS NO WAY TIO STOP IT. I don’t know where the mercy is going to come.
Simon - when u are vindicated in court, how do u think we will open the next day
Rufus - I might take a day off, sit back and watch the L2's
Simon - lots of speculation on Nov. 7th, do u agree that nothing can be said or done with us shareholders, anything u might want us to do leading to court date
Rufus - u guys are on top of it, its fantastic, you all have done great. Any recommendations u have on shareholder committee, go ahead and put it in, send it in
Simon - should shareholders expect any pr, or events prior to Nov. 7th
Rufus - yes, they should
Simon - so u planning on putting out something before 7 Nov.
Rufus – yes.
Simon - just tell Rufus that his home will always be on HSM and look forward to his return, laugh
Rufus - laugh
Simon - Allstocks is listening too, enough of Rufus to go around
Rufus - u guys are all great, laugh, u will realize and be able to tell your grand kids that u were there for this.. you really will, u will enjoy this one
Simon - Rufus, do u approve of shareholders contacting the press to bring public attention to this
Rufus - wouldn’t bother me if every press was out there,
Rufus - IHub = basher haven, laugh
Simon - laugh, with regards to cshd
Rufus - yes on cshd.
Simon - Rufus, I hope there is enough media and shareholders to fill the court and pray for great support on Nov. 7th
Rufus - thanks, thanks very much, like I said, only thing u will get from me that I ask shareholders, is to keep your voice, always have a say so, say a prayer for me and my family, that’s the only things I ask of you
Simon - in any conversation with Maurice, or any other attorney you may talk to. have any of them advised u not to speak publicly about this
Rufus - no, not yet, not going to say it isn’t going to happen tomorrow
Simon - do u intend to comply with section 14c of the exchange act in regards to increasing the a/s by sending out notification to all shareholders
Rufus - LAUGH I know damn well the SEC is on here right now, I don’t have to go any further, LOL. I will not intentionally break any SEC regulations, but I disagree of your valuation of the issues of those shares. You are making a presumption that you are right. GO BACK and read the merger agreement, read the terms, read how its TAX EXEMPT situation. DO SOME DD, poster.
Simon - any possibility that bonds, negotiators and bankers have been bribed? (to deny CSHD claims)
Rufus- LAUGH LAUGH LAUGH no there is not. (You can't change what is already on euroclear)
Euroclear will back Rufus up in court.
Rufus – I’m back
Simon - with regards cshd of being the target of a takeover, yes or no
Rufus - not to my knowledge, hostile or non hostile
Simon - ok, that’s good to know
Simon - What does EUROCLEAR say about different things, then what you expect them to say, what’s going to happen? Tomorrow Euroclear going to give deposition, what if EUROCLEAR tell the SEC differently than what you expect them to say? What if they say SORRY we can’t find ownership that proves Rufus, cshd, etc, has ownership of the bonds tied to CSHD?
Rufus - Fine with me, ill ad another name to the list
Simon - ok when u say that, what list is that?
Rufus - in court
Rufus - u asked IF, that’s my answer, chances of that happening would be like being struck by lightening.
Simon - so if that were to happen u would sue euroclear
Rufus - id be floored to be honest with you and my attorney would be signed on. I don’t know what he would do about that. I’d bring in a euroclear specialist.’
Simon - yes or no question. Did HSWF send you a cease and desist letter, yes or no
Rufus - humanitarian scientific foundation? Yes, we did. Through an e-fax system, did I have conversations with the individuals about that? Yes I did. The information in relationship to the rest of that would be troublesome to give out to THEM not us.
Simon - so tonight we talked about 3 separate cease and desist letters, one from Deutche bank, Lehman brothers, and Humanitarian. Of those three, the only one you received was from Humanitarian
Rufus - I had a conversation with the humanitarian about it. When we tried to have the conversation, I just said look, send a HARD copy and sign off, and all agree to it, or that’s the end of discussion. I never received anything after that. Who sent that e-fax to the office? I don’t know.
Simon - it’s claimed that MENSAH has filed a counter-suit against you, is that true?
Rufus - No, I was just informed they finally located him to SERVE him. Last I heard there was a court date, not my concern
Simon - after 7 November do u think judge cooper will become a shareholder
Rufus – he’s probably prohibited from that, but I don’t know, LAUGH.
Simon - ok, Rufus, it seems to me that this process is pretty simple. u can either produce the proof of the bonds or cant, its a home run or we are done after the 7th, true or false
Rufus - TRUE
Simon - btw I’m long and strong, see you in Atlanta Rufus
Rufus - True
Simon - is there secret power behind CSHD not to include the voice of the shareholders
Rufus - ? Clarify, secret power? Prayers? I don’t know what you’re talking about. Is there a hidden organization? No.
Simon - can the shareholders expect any news or filing or events before Nov. 7th u said yes, what DATE can they expect this?
Rufus - Let me talk to the attorney tomorrow
Simon - do u realize that you are in danger of violating REG-fd when he posts on message boards
Rufus - NO only when I post insider information. Have I ever posted insider information? NO. Am I stupid enough to? NO. Will I ever? NO
Simon - are you planning on going to California or LA anytime soon.
Rufus - LA? When we are traveling that is a common point to come into L.A.
Simon - ok. Some folks across the country are getting jealous, they all want to see you
Rufus - Sorry, you can’t beat Dallas, he he, its not going to happen. It’s the first time in a relationship where my wife sat down with shareholders and was comfortable with the people. No weirdoes showed up, you all are good people, you really are.
Rufus talking about how bashers use fear to scare people out of their shares.
He is now calling Our-street a liar.
Rufus talking about full disclosure and that he has nothing to hide.
Judge asked "why did you file it there" (www.gsccca.org)
Rufus: For this very day!
Rufus believes naked shorting is financial terrorism.
Rufus stated he hopes to list CSHD on all the foreign exchanges.
S: If God forbid things did not go as planned could you guarantee buying back the shares at $15 and taking the company private?
R: That would take a vote by the BOD and could take a couple of months to make happen if it was decided to go that direction.
About Romeo Vendetti (ro_may_o) Simon asking about his job description
He's the one that sets up the credit facility for the institutions
He hired the trader with Deutsche bank
what is Romeo Vendetti's background information
Rufus: It's huge, different types of companies, it’s endless!
Rufus: has done stuff for the Vatican- bought a large volume of treasuries
Rufus "can't wait for NOBO list from last trading day" Asked Sabra to order it; should be en route.
Next step for Shareholders Committee?
Can request to attatch to anything- SEC or filings of the Corporation
Once three reps are nominated there's no need for a vote to confirm them
Go look at the rules and regs to learn what you can do
Next step for Shareholders Committee?
Can perform 2 functions but at this time it's to have a voice in the Courts
Can request to attach to anything- SEC or with a filing from the Corporation
Once three reps are nominated there's no need for a vote to confirm them
more than 10% can file a proxy, can attempt for a hostile takeover! Ahh, scary stuff....
Go look at the rules and regs to learn what you can do.
S: would you team up with other companies.
R: Oh yeah now... Where were you when this started? Jump on the bandwagon.
S: Where do you see this at Christmas this year?
R: Two JVs funded by end of DEC, PPS? Aaah I don't know. It is going to be crazy after this.
S: I have concerns that this will be drawn out with suits and counter suits. Are you worried?
R: No. The SEC's case is based on the bonds being Fraud and they are not.
Other board. S: Is there a plan for any Press release, news or events before the 7th?
R: Yes.
S: Do you mind shareholders contacting the media regarding the Investigation?
R: I don't mind if all the media is on this.
R: Use your voice.
R: I am the true definition of a Georgia Bulldog. We do not let go until you cut the head off. And then you still have to pry the jaws off.
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
St. Matthew Posts: 885 | From: Dallas, Texas | Registered: Sep 2006
| IP: Logged |
quote:Originally posted by Jenna: My question is this: If the whole investigation is about the bonds & they have the codes they need to check ownership in Euroclear, then when the SEC recieves the deposition today from Euroclear, what would be left? Wouldn't that be enough to clear it up?
Rufus gave us a small hint on this last night. he said ben gives them a depo tomorrow morning and a Representative from Euroclear gives them their depo at 1:00 PM EST tomorrow. other than that... there is NOTHING else... scheduled till the 7th at this time.
I think he believes this will be the point that the bonds are clear and it will be up to the SEC to continue down the path of "this is only about the bonds" or show their cards that say "this is not totally about the bonds". According to his report of questions asked durring his depo, they are digging for something other than the legitimatcy of the bonds.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
| IP: Logged |
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