posted
IF you remove the crap from this thread there won't be anything left. There hasn't been anything usefull posted on here all week. Looks like there aren't too many of you left with the "Rufus Aint No Dufus" signature? Everything I said in my post was positive, we're much better off now than we were with Rufus. I'm pretty sure Mike's smart enough to take an SEC lawyer to court with him...
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posted
Hey - Fur Traders fine - It just looks like he wasn't a fan of Rufus, that's ok, he seems to like Mike...which makes me feel better 'cause I'm not familiar with Mike....
-------------------- ..just remember....Family is EVERYTHING!!
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quote:Originally posted by Fur Trader: IF you remove the crap from this thread there won't be anything left. There hasn't been anything usefull posted on here all week. Looks like there aren't too many of you left with the "Rufus Aint No Dufus" signature? Everything I said in my post was positive, we're much better off now than we were with Rufus. I'm pretty sure Mike's smart enough to take an SEC lawyer to court with him...
Ummmm...Taxback posted some very useful info this week.
-------------------- One shot - One kill.
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posted
By the way Fur Tax & Portman have posted some very useful stuff here the last few days....BB brought up some good points last night, 10 is always helping people do their DD & men have been bickering like 2 women in a bar fight so there is some credit do to some people.....
-------------------- ..just remember....Family is EVERYTHING!!
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posted
Maybe someone should repost Tax's posts....nobody has talked about them much & I thought they were HUGE posts!!! I got to eat breakfast be back....
-------------------- ..just remember....Family is EVERYTHING!!
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quote:Originally posted by Jenna: Hey - Fur Traders fine - It just looks like he wasn't a fan of Rufus, that's ok, he seems to like Mike...which makes me feel better 'cause I'm not familiar with Mike....
Thanks Jenna. I'm not a basher, I'm in this just as deep as many of you are. I hope is trades soon at $15/share, I'll buy the first round. I just didn't buy into all the Rufus BS.
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quote:Originally posted by Jenna: Hey - Fur Traders fine - It just looks like he wasn't a fan of Rufus, that's ok, he seems to like Mike...which makes me feel better 'cause I'm not familiar with Mike....
Thanks Jenna. I'm not a basher, I'm in this just as deep as many of you are. I hope is trades soon at $15/share, I'll buy the first round. I just didn't buy into all the Rufus BS.
all except the $15 a share BS that is huh? LOL greed boy, you wear it well.
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quote:Originally posted by TaxBack04: How many people, on how many stock boards would like to know that I have confirmed the Vice President's signature at the bottom of the Certificate of Ownership for the $500 Million dollar bond? Common how many?
Eddy Reyes Torres is infact a member of the staff of BCV (Banco Central De Venezeula) he has published two articles in their online library of documents.
Here is the link: (It takes a minute to come up so give it some time.)
posted
Someone just posted that JesusPower (justine) has 700,000 shares. Holy crap. Does anyone believe that is true? If it is then he is nuts. He could have sold for $2.8 million and he held???????
I think its all BS, who would risk that much on an OTC stock.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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TaxBack04 Member posted November 01, 2006 12:24 -------------------------------------------------------------------------------- Just thought I would do a bit more digging on the bond with some of the new info that has surfaced recently.
Other than a clear tie to Euroclear, I have now found a listing for a 13.62 Coupon with a matching maturity date Bond on Brady Net.
Member Rated: posted November 01, 2006 12:41 -------------------------------------------------------------------------------- D E S C R I P T I O N Issuer: Republic of Venezuela (Global) Coupon: 13.62 (fixed) Coupon Desc: Semiannual Matures: 08-15-18 Country: VENEZUELA Date issued: 07-29-98 Form: Global Issue Amount: 500.00 US (millions) Currency: US Denomination: 1,000.00 Day Count: 30/360 Amortization: Bullet
Thats definitely a match! -------------------------------------------------------------------------------- TaxBack04 Member
posted November 01, 2006 12:51 -------------------------------------------------------------------------------- I found another over a Fidelity... I am sure this is where the SEC's depo came from. They have it listed as a corporate bond. Does not show it amount issued. And there is a bid and ask and trade button which supports the trading theory.
quote:Originally posted by Doniboy: Someone just posted that JesusPower (justine) has 700,000 shares. Holy crap. Does anyone believe that is true? If it is then he is nuts. He could have sold for $2.8 million and he held???????
I think its all BS, who would risk that much on an OTC stock.
Between he and everyone he has suggested this stock to...yes, they have about that many shares.
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
quote:Originally posted by SherriT: Assuming that a reset is still going to happen, I, for one, hope we get the shares instead of the $15 price reset...
I too would rather have the 6:1 split and have more shares to trade. Let's all remember that the stock was valued at $12 per share after the split. I don't think ownership of the bonds is an issue anymore, we just have to wait for the settlement to be reached. BTW: Does anyone else see the irony of the " Election Day" due date?
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quote:Originally posted by Jenna: Maybe someone should repost Tax's posts....nobody has talked about them much & I thought they were HUGE posts!!! I got to eat breakfast be back....
Yes...very nice work Tax. Thank you.
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
quote:Originally posted by SherriT: Assuming that a reset is still going to happen, I, for one, hope we get the shares instead of the $15 price reset...
Sherri, I posted what I thought would be a reasonable agreement between the SEC and CSHD considering the situation. Really who knows what the SEC will consider to be 'reasonable'.
posted
Had just caught up on my reading when I saw you guys talking about how there hasn't been anything on this board.
I am still not fully convinced that this forced take over was a good thing for me the shareholder. Wish they wou PR or file something to give me the "warm fuzzy" before the weekend.
posted
So Portman doesn't think that Mike Alexander is only the temp ceo. I'm not sure I like that if that's the case. We are at a point where they're way more questions than answers, and a lot of spin. I have no idea what's going to happen with this now. I for one am not even thinking about the 6-1 shares or the $15 a share deal. I want this to start trading at least where we left off. In light of everything that's happened. I think that would be a pretty big victory. Right now anything above and beyond this is gravy. IMO
posted
Thanks for the props... on the DD stuff but if people really think nothing has been posted. Why don't they go out and dig something up rather than wait for someone else to do it?
quote:Originally posted by Doniboy: Someone just posted that JesusPower (justine) has 700,000 shares. Holy crap. Does anyone believe that is true? If it is then he is nuts. He could have sold for $2.8 million and he held???????
I think its all BS, who would risk that much on an OTC stock.
Between he and everyone he has suggested this stock to...yes, they have about that many shares.
Plus so many people bought at the low levels when FHAL was in the teens - still a lot of money, but, it isn't like they all bought at $2 either.
-------------------- Study before you buy, Sell before you think about it....
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quote:Originally posted by SherriT: Assuming that a reset is still going to happen, I, for one, hope we get the shares instead of the $15 price reset...
I too would rather have the 6:1 split and have more shares to trade. Let's all remember that the stock was valued at $12 per share after the split. I don't think ownership of the bonds is an issue anymore, we just have to wait for the settlement to be reached. BTW: Does anyone else see the irony of the " Election Day" due date?
I also would prefer the 6 for 1 over the $15 reset. The potential is far more in favor of the holder. At the beginning, close to even but down the road .... a strong advantage for the 6 for 1.
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quote:Originally posted by DrePal: Has anybody been able to figure out where the Ecowood deal stands as a result of this?
All speculation. Thinking that either Mike is temporary while they search for a permanent replacement (and whatever Ecowood has going isn't too big momentarily), or possibly a merger between the two - more than likely the first scenario.
-------------------- Study before you buy, Sell before you think about it....
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quote:Originally posted by SherriT: Assuming that a reset is still going to happen, I, for one, hope we get the shares instead of the $15 price reset...
I too would rather have the 6:1 split and have more shares to trade. Let's all remember that the stock was valued at $12 per share after the split. I don't think ownership of the bonds is an issue anymore, we just have to wait for the settlement to be reached. BTW: Does anyone else see the irony of the " Election Day" due date?
I also would prefer the 6 for 1 over the $15 reset. The potential is far more in favor of the holder. At the beginning, close to even but down the road .... a strong advantage for the 6 for 1.
Doc, I think even "strong advantage" might be an understatement. More liquidity, more options, and more possibility of higher returns. I truly hope it is still a viable option, and until we see something that says it is gone, I am clinging to that hope, though I tend to think the way in which it was filed with the change in dates may be amended.
In fact, here's a thought....maybe that is why Rufus and company kept telling us not to sell after the 16th or we wouldn't get the extra shares...maybe they knew it might come into question and he/they wanted all of the longs to stay in through the 30th or so. Anyone care to comment?
-------------------- Study before you buy, Sell before you think about it....
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quote:Originally posted by DrePal: Has anybody been able to figure out where the Ecowood deal stands as a result of this?
All speculation. Thinking that either Mike is temporary while they search for a permanent replacement (and whatever Ecowood has going isn't too big momentarily), or possibly a merger between the two - more than likely the first scenario.
I think Sherri is correct . Mike in my opinion is temporary till the new CEO is brought in. Mike is a very good replacement to bring our company through this turmoil. Nothing at all against Mike (he is great) but, I think they have someone else in mind down the road.
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posted
At first I didn't think these changes were due to a settlement with the SEC, but I might be coming around to that.
There is a possibility that the majority shareholders decided they didn't want to continue the NSS fight. I imagine they were privy to some of the possible short sellers attempts to settle and finally felt like that is the best way to go. Rufus is now left to fight the NSS by himself and the company can move on...hopefully without the NSS pressure.
So basically, Rufus was using CSHD as a vehicle to fight the NSS and the overall evil in the market, but the people who were looking for their investment to succeed decided the fight was going to be too much and would probably kill their investment...thus they removed him.
quote:Originally posted by SherriT: Assuming that a reset is still going to happen, I, for one, hope we get the shares instead of the $15 price reset...
I too would rather have the 6:1 split and have more shares to trade. Let's all remember that the stock was valued at $12 per share after the split. I don't think ownership of the bonds is an issue anymore, we just have to wait for the settlement to be reached. BTW: Does anyone else see the irony of the " Election Day" due date?
I also would prefer the 6 for 1 over the $15 reset. The potential is far more in favor of the holder. At the beginning, close to even but down the road .... a strong advantage for the 6 for 1.
Doc, I think even "strong advantage" might be an understatement. More liquidity, more options, and more possibility of higher returns. I truly hope it is still a viable option, and until we see something that says it is gone, I am clinging to that hope, though I tend to think the way in which it was filed with the change in dates may be amended.
In fact, here's a thought....maybe that is why Rufus and company kept telling us not to sell after the 16th or we wouldn't get the extra shares...maybe they knew it might come into question and he/they wanted all of the longs to stay in through the 30th or so. Anyone care to comment?
I think you might be right. Actually I bought more in hopes of this very same thing.
quote:Originally posted by milliam: So basically, Rufus was using CSHD as a vehicle to fight the NSS and the overall evil in the market, but the people who were looking for their investment to succeed decided the fight was going to be too much and would probably kill their investment...thus they removed him.
All IMHO.
Rufus made some PR mistakes, including promising a stock price increase. I also feel that he challenged the TRO by speaking on SPR, posting on HSM and hosting a public shareholders meeting. While I can't speak for his motives, I don't think a judge would be too happy to hear him laughing about no-shows at a depo.
All this being said, I love what Rufus did with this company and I'm sure he floating down to earth in a nice golden parachute.
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posted
I have a suspicion that this has been planned from the beginning. When Mike first negotiated the Ecowood deal it was known that Ecowood would be merged into something else. My suspicion was CSHD so I have been watching this thread since the news broke, now with Mike taking back over, I am positive they will merge. I think the SEC was a party crasher and just made everything speed up since Rufus had started losing some of the confidence of the shareholders. Now I am hearing something about some company called White Oak something (vague reference) that will also be merged... Anybody have any info?
-------------------- What do you mean what do I mean? You know what I mean!
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posted
I am sure the timing to remove Rufus was not 100% planned but what better time to leave. His mission was to get to the point where the short bomb dropped. We are there. Now someone needs to come in that will actually invest CSHD assets in a way that provides return to the shareholder over and above what they could get from alternative investments. No way that person would be Rufus (given his resume) nor is it likely to be Mike. If this company is as well funded as we think it is we ought to be able to bring in a gun to take it to the next level
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posted
Not me. I would prefer a real growth to the $15 without any dilution. Less to dump if you want out....
Of course we are jumping the gun a bit. First I want an announcement that the SEC investigation is concluded and we will begin trading again on the OTC. That would make me a happy camper
quote:Originally posted by thedoctor:
quote:Originally posted by RushDaBus:
quote:Originally posted by SherriT: Assuming that a reset is still going to happen, I, for one, hope we get the shares instead of the $15 price reset...
I too would rather have the 6:1 split and have more shares to trade. Let's all remember that the stock was valued at $12 per share after the split. I don't think ownership of the bonds is an issue anymore, we just have to wait for the settlement to be reached. BTW: Does anyone else see the irony of the " Election Day" due date?
I also would prefer the 6 for 1 over the $15 reset. The potential is far more in favor of the holder. At the beginning, close to even but down the road .... a strong advantage for the 6 for 1.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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