quote:Originally posted by 10of13: Ok Neptune...your point has been made...and this thread continues at the top of the board..time to let it go...Please?
Wally great thoughts...facts with common sense! Thank you!
Wallys post is very good and reasoned...I like Wally very much from what I have read.
However, his interpretation of the Bond and bond agreements and reporting is not completely correct.
-------------------- - "Pay it Forward"
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I know this is old (from July) but I just thought it would be good to throw this out there to remind people about some of the connections that do exist internally for CSHD . . . call it providing a little comfort in our "time of need" lol
WARNING... DO NOT BUY CSHD - There is a chance you may make a lot of money!!! Then your wallet may get large & you could fall over from the extra weight & hurt yourself!!! They only have a 7 Billion dollar bond.....big deal you could make that by working in a few short years...so be safe - stay away - I mean you wouldn't want to one day find yourself with a dividend you could live off of would you? Just be careful - OUCH - something just bit me - DAMN COBRAS!!!!
Heed my message, Shortie McBasher
-------------------- ..just remember....Family is EVERYTHING!!
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Thank you MTP...I need no comfort. I am at peace with this investment.
I believe...
1 - If there are no significant assets there would be no attempt to keep this company clear of the SEC.
2 - If there was nothing to this there would be no need to bash it while under suspension.
3 - I could not care less if people buy or sell. I will over the months and years buy more of this stock. I will sell some if a short squeeze provides for opportunity. The real value of this stock is YEARS down the road. This is designed to be a Heritage Stock. No one has said it will generate anything for 1-2 years other than a short squeeze and a price reset.
-------------------- - "Pay it Forward"
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Good Night all May you have... ************************************************* Champagne Wishes & Cavair Dreams!!!! *************************************************
-------------------- ..just remember....Family is EVERYTHING!!
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Hey all I am now back home in Iowa for a while now and I checked my mail... I have my CSHD Certificates! They look so nice... I think I'm gonna frame them... or maybe I should lock them up so Repo dosn't break in and steal them from me to cover his butt. LOL Night all! Ima
-------------------- learnin as I go.
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Hey, Portman, did you ever say why you didn't want us calling the number to the Dallas office? (at least, I think it was you that said it)
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I don't think Mike took proper action as agreed in their merger contract... I don't think it says that Mike would take over if Rufus stepped down as CEO. Ben would normally take interim control as acting CEO until a replacement was found. That would have been the normal course of action. However, since Mike already knew the business plan and direction... remember he said he had also talked to Rufus before his resignation... He was the most likely candidate on a short term basis.
IMO - Tuesday we get cleared of the Bond Issue. CSHD may try to halt it from trading in order to keep the shorts from covering. CSHD moving to Grey Sheets due to Non-Compliance gets reinstated if the Bond issue is found to be real. That being the case, CSHD may request a halt to reorg itself based on true valuation being realized and made genuine by the court recognizing the Bond owner to be CSHD. Now value is no longer 1.99... but Book Value * $70.00+. The 6 share per each held could be realized also. Double whammy for the shorts. Ouch more like it. Application to a major market can be sent in and by the time it is accepted, the 10Q should be due out and new valuation also noted along with Material Events occuring during the first month of the second quarter.... didn't rufus say $130.00? with the new bond coming in?
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Originally Posted by tutankhamen I am sure you will all find that everything has been put together very thoroughly and this is where all the shareholders come in as a team and stick with this like glue and don't give the bashers or the shorts an ounce of power. Above all do not give the shorts any shares in daytrading or flipping or for any reason.
You need to understand that all of you have become such a strong team that you will only win if you do not deter from your original belief in what this can do for everyone. I don't think I have ever seen a more powerful team effort in any other public company before and that is what the shorts are trying to break in you. Do not let them even think that you can be swayed. They fear you because of your strength and your belief. Fear always loses out in battle.
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quote:Originally posted by wallymac: I've stayed away for quite a while now because, frankly, Between those that thought everything was part of the plan to those who think that people are acutally going to jump right in after a SEC suspension and court case, it was hard to find any middle ground. I don't believe either camp. ANYONE who buys, sells or holds a stock strictly based on what they read on messages boards deserves whatever they get.
As I have stated in the past, whatever you read here or on any other message board should only be the beginning. A point to begin your own DD. If you play a stock strictly for the momenteum, then reading the consensus is helpful. There have been many here on this board that have stated over and over that people should look to protect their capital investment first, before looking at the long term POSSIBILITIES. There are no saviours and nothing replaces good individual DD. 10 of 13 has stated this over and over. I completely agree with her.
IMO, The 7th is not going to solve everything, all anyone needs to do is research cases that have previously gone to court. Besides any rulings remember that MM's and brokers that wish to quote this stock are REQUIRED to do their own DD. The rules of state this and no one can get around it. I doubt very seriously that CSHD will be fully quoted come Tuesday. I believe it will be traded as a grey sheet with no bid and no ask, at least for some period of time. I have yet to find ONE stock that was quoted immediately after an SEC suspension or investigation. Does it mean that the stock is a fraud? Not neccessarily. If it begins trading again does it mean that CSHD is vindicated? Not neccessarily.
Without a doubt there were events that took place that are contrary to SEC rules and regulations. What you may ask? Well, let's start with the fact that FHAL and CSHD financials should have been combined in the 10K and were not. That is why Mr. Horton is no longer with CSHD because he should have known better. This is the reason the 10K needs to be amended. Rufus speaking so frankly on Paltalk and Subpenney radio are another violation because he jumped the gun many times, giving information to the listnerers that was not public prior to him talking about it. Lastly there was a violation as far as the merger was concerned because shares were issued, it is my belief that they were issued to AISS shareholders but the merger agreement stated in no uncertain terms that NO shares were to be issued until all matters were resolved. You have to go back to the board removing Dr Mensah and the statement that AISS stockholders could excahnge their shares 1 for 1 for CSHD shares to understand where I am comming from. Those are, IMO, the violations that led to the removal of Rufus and Darryl Horton.
Now the issue of the bonds and the misrepresentation of them in the 10K. Very few have discussed the terms of the agreements that enabled CSHD to obtain these bonds. In the 8K's it clearly stated how this happened. In consideration of CSHD being able to utilize the bonds the originator of the bonds was to recieve 50% of the sum hypothacated and 50% fo the profits that the funds were used for. Sweet deal. Makes a lot of sense why people were willing to place their bonds with CSHD. The problem comes in how those assests are reported. They were reported as assest without any liabilities. I'm not an accountant but that does not seem kosher to me. Yet, half of 7.3B is still substanial and lends creedence to the viability of the company. Just taking that at face value would mean the Book Value is $35 instead of $70. Let's divide that in half because the Bond owners would own 1/2 of all the JV's and SUB's and we still have a Book Value of $17.50 instead of $35. Now keep in mind this assumes that CSHD does actually own the bonds they say they do.
Nothing fraudulent here just erroneous like the statement by Mike Alexander states. We may get some clarification come Tuesday we may not. Is all of this according to plan? I highly doubt it. Is it real or is it memorex(a scam). no one can say for certain, not the bashers nor the pumpers. IMO, the resolution will take weeks at a minimum and probably months but not one person on God's green earth can claim to a certainty how this will play out.
Buy, Sell or Hold at your own risk.
Neptune you should listen to Simon at SubPenney before you decree that he is a pumper. I have and he has always and I mean always stated that people should do their own DD and has stated that the shares he holds are profit shares from flipping and he doesn't care one way or the other how this turns out. If you had listened you would have heard that he never once encouraged anyone to buy and has also given time to those who feel that CSHD is a scam. You should do your DD before pronoucing judgement. If you truely are attempting to save newbies, they deserve to hear both sides without bias.
This is all my opinion. Do not use it to influence your investment stradegy. Use it to begin or continue your own DD because nothing can replace the DD that you yourself does.
GLTA Wally
Well said, Wally...
can't say I "agree" with everything (I'm weak on bonds, in general, and the ins n' outs of "hypothecation" still elude me ), but if message boards in general had more content posted this well, there'd be a lot less hysteria.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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I took my advice from the son of a friend who works for a large brokerage house. He supposedly did all the DD and was convinced of its accuracy. I found this board after I made the purchase, and in the begining before the SEC halted the stock it seemed to collaberate with what my sourse said. What I should of done is DD my sourse. LOL
-------------------- If you repeat a lie often enough it is perceived as truth
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I guess I'm learning that dd means something different to everyone. An infamous person once said "it depends on what your definition of "is" is."
The latest story posted by Webb. Take the story paragraph by paragraph since it seems it is a chronological sequence of events. Is it inaccurate -- not because the site is a rag or the reporter is a known basher -- but is it inaccurate?
If the answer is yes, then what evidence is there to refute those statements -- remember opinions of the rag and reporter aside? Also, individual ideas, speculation, conjecture and conspiracy theories to spin a yarn good enough for soap opera tv cannot be considered "good" dd. It is trying to turn a negative into a positive w/o fact.
So, in reality, you are left with company-filed documents -- unaudited and audited (which is questionable) -- statements made in public, on radio and over the telephone (I have noticed -- although I may have missed them if so please repost) -- that not once did anyone post an official email from one of the officers, and the internal belief that these are true.
RPH had a checkered past but for some reason(s) many on this board overlooked those events and explained them away. My bad for not doing that dd. Like 3403 I failed in that area.
So, sceptor, I assume you did dd on the company assets. I would assume you believed the company-produced documents. That's all anyone could do if you have the internal need or belief that they were true. With the amount of back pedaling on these posts, a number here are starting to question the 8k and 10k validity as well. I can see by the number of speculations on this board on how this will play out -- many are now attempting to pave the way for a longer battle with a positive spin.
The one thing I can say positive on many on this board is that you have missed your calling -- you could be best-selling fiction novelists.
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No sense crying over spilt milk. If it is traded again salvage what one can, and if not try and make up the loss. Someone said it may take weeks for this to be settled. That is a shame because I thought at least Tuesday we would know for sure and it would be traded or over. Hate to think of this thing being dragged out for months.
-------------------- If you repeat a lie often enough it is perceived as truth
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Why are the bashers so ravenously angry about this stock and so interested in looking out for the shareholders' "well being"....oh yeah that's right...shorting a successful company's stock = Bankruptcy! (giggle). If trading resumes Tuesday or Wednesday, don't panic sell! This is the perfect storm for the shorts. They are dying to get their hands on your shares to validate their own. Why else would they care what happened to this company?
On Wednesday, let shortie sit quietly in the corner along with that other fear-mongering, right-stealing group: the Republican Party.
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quote:Originally posted by 3403: I took my advice from the son of a friend who works for a large brokerage house. He supposedly did all the DD and was convinced of its accuracy. I found this board after I made the purchase, and in the begining before the SEC halted the stock it seemed to collaberate with what my sourse said. What I should of done is DD my sourse. LOL
Just being honest with you...I still do not believe you own or ever owned any of this stock....just like I do not believe Neptune.
When two post and feed off each other like you two do...I always find it humorous...you have some proving to do.
My position on this stock remains...Those putting the plan together must prove they are able to get to the finish line.
-------------------- - "Pay it Forward"
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This is what you hope for in dd executives of a firm. Look into HRAI. You might be impressed with what is happening.
Gregory J. Wessling Chairman & CEO, HouseRaising, Inc.
Robert V. McLemore Pres. & Founder, HouseRaising, Inc.
Kristy M. Carriker Sr. VP & Chief Admin. Officer, HouseRaising, Inc.
Grant S. Neerings CTO, HouseRaising, Inc. & Pres., HouseRaisingAcademy, LLC
Robert M. Burroughs Former Sr. Judge, NC Superior Court
Daniel S. Fogel Dean of Charlotte Programs & Exec. Prof. of Strategy at Wake Forest U.
James O'Connor Private Investor
Gregory J. Wessling Chairman
Gregory J. Wessling, Chairman and CEO of HouseRaising, Inc., a former Senior Executive and 33-Year Veteran of Lowe's Companies, Inc. is highly regarded throughout the building and home improvement industries. He was instrumental in transforming Lowe's from a small regional lumber and building supply retailer into a nationwide chain of home products and improvement centers with 1,100 stores in 48 states. Top
Robert V. McLemore Director
Robert V. McLemore, Founder and President, HouseRaising, Inc has been President of HouseRaising since June of 1999. He brings over 40 years experience managing retail custom homebuilding operations to HouseRaising and its affiliated companies. The experiences gained from four decades of selling, designing, and building some 2,000 custom homes are now being developed into a computerized management system that has become the HouseRaising Franchise. Top
Kristy M. Carriker Director
Kristy M. Carriker, Senior V.P., Chief Administrative Officer, HouseRaising, Inc. is responsible for all of HouseRaising's Builder Service and Support activities. Prior to joining HouseRaising in 1999, for 20 years Ms. Carriker was Vice President of Administration for a large custom homebuilding company in Charlotte. Top
Grant S. Neerings Director
Grant S. Neerings, Chief Technology Officer, HouseRaising, Inc. & President HouseRaising Academy, LLC, was one of the original founders of Egghead University (currently doing business as Catapult Inc. – an IBM Company.) He also led the professional services team for Primus Knowledge Solutions in deploying knowledge management systems for large Fortune 500 high-tech companies.
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quote:Originally posted by voyager1951: I guess I'm learning that dd means something different to everyone. An infamous person once said "it depends on what your definition of "is" is."
Try and keep a grip on reality, you are succumbing to the very claim you make of others. fictional posting.
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quote:Originally posted by voyager1951: This is what you hope for in dd executives of a firm. Look into HRAI. You might be impressed with what is happening.
at least you didnt waste anytime on getting to the real reason for posting in this thread. Go pump your stock somewhere else.
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Alright, I won't mention it again. But tips have to come from somewhere don't they? And why not talk about a potential good investment when talking about CSHD is not going to do anything to change anything?
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I'll ask again what NONE of you bashing, one-dimensional shorts can't or won't answer.
When and how have Rufus, Mike Alexander, Sabra Dabbs, and Ben Stanley benefited financially from this purporte fraud? It's only one question and its a pretty simple one.
Good luck answering it and be careful not to embarass yourself
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I'll ask again what NONE of you bashing, one-dimensional shorts can't or won't answer.
When and how have Rufus, Mike Alexander, Sabra Dabbs, and Ben Stanley benefited financially from this purporte fraud? It's only one question and its a pretty simple one.
Good luck answering it and be careful not to embarass yourself
You do realize I'm not a basher right?
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Thanks Jenna, I always have prefeered strawberry "flavour"! Have a good nite all!
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), but if message boards in general had more content posted this well, there'd be a lot less hysteria.![[Cool]](cool.gif)
