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Author Topic: CSHD......DD and news!
T e x
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quote:
Originally posted by TexasMoney:
An unintentionally funny post on HSM:

“Someone earlier mentioned a Class Action Lawsuit . If it comes down to that, please throw me on the list. Be sure not to do anything individually , because together we can all work as a team and probably reap rewards, or compensation for this mess”

Be sure not to do anything individually with your class action lawsuit. Huh! OK, I think! [Eek!]

T-money,

actually, that's about par, as far as logic goes...

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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T e x
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quote:
Originally posted by unclerudy:
quote:
Originally posted by a surfer:
whats funny is that we close green the day after a filing was supposed to be out.

But how will this last? And when will there be a turn around? At what point do I get out and try to salvage some money out of this sinking ship? And what do I have left to believe in?

A CEO that was fired.
His replacement quit.
Us stuck on the grey sheets.
No MM's want to file the necessary paperwork to quote us.
A CEO that gives BBQ's instead of going into coart.
Rapidly declining share prices.
Promises of great things to come.
A mysterious group of anonymous posters telling us that everything is going to work out.
Failure to file necessary quarterly and yearly forms, sometimes not even on time.
Statements saying that if paperwork was filed, the company would be seized.
Shareholder committees praying for strength in the future battles.

All of those things make me question my believes in this stock. I have been long since July, longer than most here, and have never said a bad word about this stock. I held when it went over 3 bucks, thinking that it was going to do better than that. I believed that I was going to get 6 shares for ever 1 that I held October 16th. I should have gotten money out, played with free shares, covered my capitol. I didn't because I believed in this company.

There is very little right now that could make believe in this company anymore. I hate to say that, because that means that this whole thing was a scam. As St. Matt said that he looked into Rufus's eyes and believed him. I never got that opportunity. But I think that there are a lot of people who wished that they could have done that. I think that Rufus wanted to something good, but got blinded by all of the things he wanted to accomplish. Everyone else had the same things happen to them. Some got in early, and aren't hurting yet. Others got in late, and have lost almost everything. But everyone still believes.

Let me take that back. Almost everyone still believes.

I think I lost my beliefs this week. I may be wrong, and everything WILL work out as promised, but I really don't see that happening. Chalk it up to experience, and put it towards the next trade. I will be smarter, but it sure cost me a lot of money that I could have otherwise have had right now.

Unless I am wrong, which I would love to have someone point out to me. Please don't call me a basher. I am just someone who is a little short on faith on this stock right now.

how about we turn the questioning?

ie, do a 180?

At what point do the "longs/faithful" decide, in effect, "THAT'S IT, I'M DONE" ?????


Would CEO have to be in jail?


Would stock have been not trading with bid/ask for 6 months? for one year? for 5 years?


What are the limits, here?

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Chart walker
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Tex....

If I didn't DD all the players in this and was walking by and looked at it, I would laugh I think...

We may never know everything, but something is up here IMO...

My God, all this crap hitting the fan and there hasn't been a massive dumping of shares with huge volume, why?!...

Common sense would dictate that a penny that has had this much chit thrown at it would be subpenny right now. Something will bust ~
[hope it's not my accounts! LOL]

One thing is for sure....
"Time will tell all..."

Good night Board ~
Still long! [Big Grin]

--------------------
The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

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TimW
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"My God, all this crap hitting the fan and there hasn't been a massive dumping of shares with huge volume, why?!..."


Kool-Aid interlock devices installed on all brokerage accounts?

--------------------
Buy high, sell higher.

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2late
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I think the reason why there is not a lot of dumping in this stock is because there are what 4000+ shareholders, thats a lot of due diligence put into this stock, thousands of hours, I think chances are slim that everyone was wrong...
yep sumtins up.....

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T e x
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quote:
Originally posted by Chart walker:
Tex....

If I didn't DD all the players in this and was walking by and looked at it, I would laugh I think...

We may never know everything, but something is up here IMO...

My God, all this crap hitting the fan and there hasn't been a massive dumping of shares with huge volume, why?!...

Common sense would dictate that a penny that has had this much chit thrown at it would be subpenny right now. Something will bust ~
[hope it's not my accounts! LOL]

One thing is for sure....
"Time will tell all..."

Good night Board ~
Still long! [Big Grin]

not what I'm asking....

ie, i could reply about pps...

BUT that's *not* what I'm asking.

My question--probably to be repeated over 'n over again is this: At what point would "longs," "da faithful," the admitted "kool-aid crew" say :

"That's it?"

make sense?

Am looking for some sensibility regarding risk/reward...

ie: Is *there* ANY POINT at which the "faithful" say, "DAMMIT!"

Or...do the "faithful" hold on for 10, 20 years...??? Perhaps even longer, for future generations?

in other words, to you, Chart--

Is *there* any point possible at which you'd say, "Dadgummit, this reverses my opinion."

Do you "back the company," no what what?

OR... do you have limits?

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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wv1973
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If any one of you are directly associated with the company and/or has direct contact w/ Rufus, there is a perfect place to hold a meeting in Washington, DC. Any business can rent meeting spaces at the National Press Club -- I know because I have set up several meetings and press conferences there in my corporate life.

This will assure that there will be no screw ups with the video and teleconference and you can even invite the financial press because they all have offices in DC. The National Press Club is set up to handle everything involved in this type of meeting.

If this is on the level and not a scam, let's all be in agreement that we have a right:

1. To know the name of the law firm immediately.

2. To know the exact location where the meeting will be held at least two weeks prior to the meeting. Contract in hand.

3. That we will not accept a phony recommendation from a phony law firm advising Rufus not to hold the meeting w/video and teleconferencing.

4. That we will not accept phony excuses that only a handful of selected stockholders who will be sworn to phony gag orders be allowed on the video and teleconferences, or that last minute technical difficulties prevented the conferencing.

Now some of you can nit-pick the crap out of numbers 3 & 4 all you like, but the rest makes perfect sense.

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T e x
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quote:
Originally posted by wv1973:
If any one of you are directly associated with the company and/or has direct contact w/ Rufus, there is a perfect place to hold a meeting in Washington, DC. Any business can rent meeting spaces at the National Press Club -- I know because I have set up several meetings and press conferences there in my corporate life.

This will assure that there will be no screw ups with the video and teleconference and you can even invite the financial press because they all have offices in DC. The National Press Club is set up to handle everything involved in this type of meeting.

If this is on the level and not a scam, let's all be in agreement that we have a right:

1. To know the name of the law firm immediately.

2. To know the exact location where the meeting will be held at least two weeks prior to the meeting. Contract in hand.

3. That we will not accept a phony recommendation from a phony law firm advising Rufus not to hold the meeting w/video and teleconferencing.

4. That we will not accept phony excuses that only a handful of selected stockholders who will be sworn to phony gag orders be allowed on the video and teleconferences, or that last minute technical difficulties prevented the conferencing.

Now some of you can nit-pick the crap out of numbers 3 & 4 all you like, but the rest makes perfect sense.

so, you're saying...one of your "no matter whats" is is the company follows your list--is that right?

What if they don't?

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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wv1973
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Tex, it's not a no matter what anything. It's a suggestion to the company where something could be held so there will be no excuses for technical screw-ups and suggestions as to what shareholders have a right to know and accept. That's all.
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portman
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Tex...I am just too tired to reply...lol

early night for me...12:23....that's gonna feel so good for once...

and I am off tomorrow!

--------------------
- "Pay it Forward"

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wallymac
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quote:
Originally posted by T e x:
quote:
Originally posted by Chart walker:
Tex....

If I didn't DD all the players in this and was walking by and looked at it, I would laugh I think...

We may never know everything, but something is up here IMO...

My God, all this crap hitting the fan and there hasn't been a massive dumping of shares with huge volume, why?!...

Common sense would dictate that a penny that has had this much chit thrown at it would be subpenny right now. Something will bust ~
[hope it's not my accounts! LOL]

One thing is for sure....
"Time will tell all..."

Good night Board ~
Still long! [Big Grin]

not what I'm asking....

ie, i could reply about pps...

BUT that's *not* what I'm asking.

My question--probably to be repeated over 'n over again is this: At what point would "longs," "da faithful," the admitted "kool-aid crew" say :

"That's it?"

make sense?

Am looking for some sensibility regarding risk/reward...

ie: Is *there* ANY POINT at which the "faithful" say, "DAMMIT!"

Or...do the "faithful" hold on for 10, 20 years...??? Perhaps even longer, for future generations?

in other words, to you, Chart--

Is *there* any point possible at which you'd say, "Dadgummit, this reverses my opinion."

Do you "back the company," no what what?

OR... do you have limits?

I may not be part of the crew but I will answer logically. If CSHD does not hire an attorney and answer in court to the SEC motions, It's over. Turn out the lights. IMHO, at this point in time that is the turning point. I doubt that any Market maker or broker will touch this stock until that is done.

GLTA
Wally

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wallymac
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quote:
Originally posted by TimW:
"My God, all this crap hitting the fan and there hasn't been a massive dumping of shares with huge volume, why?!..."


Kool-Aid interlock devices installed on all brokerage accounts?

I don't know but could it be possible that since many people have pulled certificates that they have not had the opportunity to sell? Just a thought not stating this as a fact but something to consider.

GLTA
Wally

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wallymac
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I have no idea how this will all end up. Yet I have to say that we are further from golden than we are from paupers. I don't adhere to some of the negative posts that have recently over run this board. I just wish that some of the posters had more class than to revel in the misfortune of people that did believe in this company, many of whom still do. I don't mind negative comments as long as there is a basis to them. IE: constructive criticism. I can do without the I'm so smart, I told you so. On the other hand I can also do without the I trust Rufus posts. Trusting Rufus to this point has gotten the stock suspended by the SEC and a motion for a default judgement. Not a great track record.

Once an attorney has been retained to answer the allegations and the allegations have been answered I would be willing to give Rufus a bit of rope but until then, I'm all out of rope. Committees and talks of how exciting the next week will be is nothing but HOT air to me. Answer the motion, take action.

A step in the right direction will do much more to silence the oppostion and instill a modicum of shareholder faith.

GLTA
Wally

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highhopes
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quote:
Originally posted by humble:
I have spent some time trying to continue researching CSHD connections and really digging into them. There is some really interesting stuff related to the potential value of the Ecowood project in Brazil, as well as the value of sequestered land in all of South America, in general.

Combine the value of pollution credits with the ability to draw down on the value of the future revenue for these credits (asset back securities - CSHD) and the possibilities are simply staggering. An entire new market is unfolding as we speak and CSHD is positioned to help underdeveloped and cash-poor countries get cash out of those newly recognized assets.

How big could this get? Here is some literature from a hedge fund prospectus (anyone recognize the exchange from a previous discussion):

"A carbon exchange is like a stock exchange for pollution. The idea of trading in greenhouse gases has its roots in the Kyoto Protocol. This is the international treaty to reduce levels of gases that trap heat and are linked to climate change.

The Chicago Climate Exchange is known as the CCX. It provides a market for businesses to trade on the release and capture of carbon dioxide and other greenhouse gases.

Six different polluting gases are traded on the CCX. These include carbon dioxide, methane and nitrous oxide.

Market forces drive the price of the credits. The credits are called Carbon Financial Instruments. Each credit is equal to one hundred metric tons of carbon dioxide, the most common greenhouse gas.

By this December, members of the CCX are supposed to have reduced their emissions four percent below levels in a baseline period. That period is nineteen ninety-eight to two thousand one. A six percent reduction is the target for two thousand ten.

The CCX was the first carbon exchange when it opened in two thousand three. Today it is the only exchange of its kind in North America. In Europe, big producers of greenhouse gases are required to take part in emissions trading. The CCX owns the European Climate Exchange, in the Netherlands.

No one is required to take part in the Chicago Climate Exchange. But those who do are legally required to observe their emission agreements and the rules of the exchange.

Richard Sandor started the CCX. He helped develop the financial futures market for the Chicago Board of Trade. Mister Sandor has said he thinks the market for carbon credits could one day be larger than the market for oil."

Sounds like an easy sell to me. Hey Country A, want to make a ton of cash right now for something you did not even no you had until recently, and do not want to deal with anyway? Thought so. Sign here please.

This is all speculation relative to CSHD but the idea and possibility is entirely sound. Someone is going to do it in short order.

... In My humble Opinion

Wow! This is great stuff. For the first time I am able to start to see how this works. From the start I have been troubled by the question "why would anyone fund Rufus at the level these bond represent"? I believed the bonds were real but just could not get my head around why?

What makes less sense to me is if such a strong play was in the works why all the dramatics surrounding this stock have happened. Questions include

- Why was the short play wrapped into this?
- Why was Mike unable to push ahead? Why bring Rufus back in?
- Is there a political issue here where government officials are catching on to the business "loophole" created by the carbon credits and are not sure they like the results?

One could certainly argue that the government would not be very interested in supporting players like Rufus getting into funding arrangements with Central American countries.

Also this would make sense relative to Rufus stepping aside once the funding model is done. Clearly he is not the person that is going to assess JV's for future investment.

But one asks why the grass roots nature of this project? With a play this strong wouldn't you think the "shares" are sold in conference rooms to a few players with deep pockets?

Lots to think about!

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highhopes
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The European Union Emission Trading Scheme (EU ETS) is the largest multi-national, greenhouse gas emissions trading scheme in the world. Under the scheme, each participating country proposes a National Allocation Plan (NAP) including caps on greenhouse gas emissions for power plants and other large point sources. The NAP must subsequently be approved by the European Commission.- Wikipedia

Europe is by far the leader in this area. Bonds issued in the European market...makes sense. Trips to Europe...makes sense.

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3403
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Good morning all. Woke up refreshed and full of hope. Should be gone by 2 or 3 pm.

--------------------
If you repeat a lie often enough it is perceived as truth

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unclerudy
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Good morning everyone. I had some thoughts while I was in the shower (I guess that hotel commercial is correct).

If WE dictate the price, because WE have no MM's giving a bid/ask, then we can set the price however we want. The price is set by whoever made the last trade. What we need to do is get that last trade to be much closer to the value of what everyone thinks that the stock is actually worth. And we could do that very simply. We will just need to act as our own MM.

Normally the MM represents a group of people, and puts out all of their offers for stocks. Offers to buy at a certain price, offers to sell at a certain price. They control who meets up and who buys from whom.

Now, we need to do the same thing. For all of the people who are invested in this, if they where willing to set a portion of their shares at a higher price, say 1.98, to sell. Most people would want to do that, and get back to pre-halt value. Now having a group of people willing to sell at that price will always exist. What they need is a group of people to BUY at that price. So for all of us who have a stake in this stock, it would cost us the cost of a commision, plus the share price for X number of shares.

Now as I said earlier, it is the last trade that sets the value of the stock, and not the number of shares traded. If we had enough people trading shares at the higher value, enough times during the day, we might be able to maintain the PPS that we want. Others might join in and try to buy at that value, and it will keep the process moving.

All that it will take is a group of dedicated investors that is willing to lose the price of a few commissions. If we have enough people doing this, WE will set the market as WE wish, and the price will be what WE want.

Just something to think about, trying to find a way to salvage everyones investments. Call me crazy, but this is how the market works, and it could happen.

--------------------
Muad'Dib knew that every experience carries its lesson.

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a surfer
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quote:
Originally posted by unclerudy:
Good morning everyone. I had some thoughts while I was in the shower (I guess that hotel commercial is correct).

If WE dictate the price, because WE have no MM's giving a bid/ask, then we can set the price however we want. The price is set by whoever made the last trade. What we need to do is get that last trade to be much closer to the value of what everyone thinks that the stock is actually worth. And we could do that very simply. We will just need to act as our own MM.

Normally the MM represents a group of people, and puts out all of their offers for stocks. Offers to buy at a certain price, offers to sell at a certain price. They control who meets up and who buys from whom.

Now, we need to do the same thing. For all of the people who are invested in this, if they where willing to set a portion of their shares at a higher price, say 1.98, to sell. Most people would want to do that, and get back to pre-halt value. Now having a group of people willing to sell at that price will always exist. What they need is a group of people to BUY at that price. So for all of us who have a stake in this stock, it would cost us the cost of a commision, plus the share price for X number of shares.

Now as I said earlier, it is the last trade that sets the value of the stock, and not the number of shares traded. If we had enough people trading shares at the higher value, enough times during the day, we might be able to maintain the PPS that we want. Others might join in and try to buy at that value, and it will keep the process moving.

All that it will take is a group of dedicated investors that is willing to lose the price of a few commissions. If we have enough people doing this, WE will set the market as WE wish, and the price will be what WE want.

Just something to think about, trying to find a way to salvage everyones investments. Call me crazy, but this is how the market works, and it could happen.

Hey wait was that a kool-aid shower.. No J/k

Actually Rufus has been saying this for months.

Now to translate it to our accounts is another thing.

Somehow there are shares being sold at these levels. Who is selling them? are they shares just being flipped around and around??

At some point if they are not gettting any new shares your point seems very logical.

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Stockstar69
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On the subject of Carbon Credits I received this in my morning emails. Just trying to share info so we may all learn something but as I said last night, I think the Carbon Credits have major $$ possibilities.

--------------------------------------------------------------------------------
ANALYSIS - Carbon Price Remains Elusive after UN Talks

--------------------------------------------------------------------------------

LONDON - A clear, global carbon price remains elusive after United Nations talks last week hinted at a climate change deal no sooner than 2009 -- uncertainty which undermines the drive to make industry invest in clean energy.

Carbon prices are meant to impose a cost on emitting the greenhouse gases blamed for global warming, and so drive countries, businesses and individuals to clean up.

One way of achieving such a price is through carbon markets, which put an overall limit on emissions but allow participants busting their caps to buy rights to emit greenhouse gases from those within their limits.

A carbon market already exists through the Kyoto Protocol, which caps 36 industrialised countries emissions -- but it does not set caps on three of the world's top four culprits: the United States, China and India.

Fears that emissions caps constrain industry and so competitiveness are hampering global agreement on a new deal after present Kyoto rules expire in 2012, a deal which would allow industry to estimate the future price of carbon and invest accordingly.

"If we don't make a set of numbers by at least 2009 then the chances of the (carbon) market functioning in 2012 will be very slim indeed," said Henry Derwent, director of Climate, Energy and Environmental Risk at Britain's environment ministry, speaking at a Euromoney-backed energy conference in London.

But 2009 is not soon enough for some.

"I think 2009 is two years too late," said Neil Eckert, Chief Executive of Climate Exchange PLC, which wholly owns the European Climate Exchange and the Chicago Climate Exchange.


URGENT

Policymakers want industry to direct some of the vast investment in new energy supplies now needed -- some US$20 trillion by 2030 according to the International Energy Agency -- into clean energy like renewables.

"The world needs to act quicker than the UN can change its rules," Eckert told Reuters, pointing to the voluntary commitment of some US cities and corporates to cut their emissions, even though the United States pulled out of Kyoto-style national cuts in 2001.

Last week Britain pledged to put into law its goal of cutting carbon emissions by 60 percent by 2050, seen as a way of showing industry carbon limits were here to stay regardless of UN deals.

At U.N talks last week in Nairobi some 189 countries and over 70 environment ministers could not agree to a deadline to reach a global climate deal, only agreeing to complete necessary analysis by 2008, hinting at a deal in 2009.

"What kind of ambition levels governments are likely to have is what matters (to industry)," said Kirsty Hamilton, consultant to the Business Council for Sustainable Energy and author of a survey of business views on Kyoto.

"It would have been better if they'd firmed up a deadline."


PROGRESS

The United States reiterated in Nairobi its preference to invest in clean energy technologies than sign up to legally binding emissions caps, a view that discourages carbon market advocates.

"We must have the United States in, and we must have an agreement in 2008 or 2009," said Janos Pasztor, the UN official who oversees the bulk of carbon trading under Kyoto.

On the positive side at Nairobi, Canada did not rule out meeting its Kyoto goals, which it had previously said were unachieveable, potentially unleashing a big source of demand for emissions rights.

And Australia said it wanted to form a nationwide carbon market which it could plug into similar schemes.

"It is very exciting and very encouraging," said Andrei Marcu, president of the International Emissions Trading Association.


Story by Gerard Wynn

Story Date: 22/11/2006

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Repoman75
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quote:
Originally posted by unclerudy:
Good morning everyone. I had some thoughts while I was in the shower (I guess that hotel commercial is correct).

If WE dictate the price, because WE have no MM's giving a bid/ask, then we can set the price however we want. The price is set by whoever made the last trade. What we need to do is get that last trade to be much closer to the value of what everyone thinks that the stock is actually worth. And we could do that very simply. We will just need to act as our own MM.

Normally the MM represents a group of people, and puts out all of their offers for stocks. Offers to buy at a certain price, offers to sell at a certain price. They control who meets up and who buys from whom.

Now, we need to do the same thing. For all of the people who are invested in this, if they where willing to set a portion of their shares at a higher price, say 1.98, to sell. Most people would want to do that, and get back to pre-halt value. Now having a group of people willing to sell at that price will always exist. What they need is a group of people to BUY at that price. So for all of us who have a stake in this stock, it would cost us the cost of a commision, plus the share price for X number of shares.

Now as I said earlier, it is the last trade that sets the value of the stock, and not the number of shares traded. If we had enough people trading shares at the higher value, enough times during the day, we might be able to maintain the PPS that we want. Others might join in and try to buy at that value, and it will keep the process moving.

All that it will take is a group of dedicated investors that is willing to lose the price of a few commissions. If we have enough people doing this, WE will set the market as WE wish, and the price will be what WE want.

Just something to think about, trying to find a way to salvage everyones investments. Call me crazy, but this is how the market works, and it could happen.

"Call me crazy"

You said it, not me.

--------------------
Stick with Repo's plan in '07 - FRPT/DKAM!

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Chart walker
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Good Morning board ~

I believe Rufus has ALWAYS had talks with lawyers, I also believe that now he has signed one and is putting HIM on the front line. I believed it's the same one we talked about right here just a week or so ago..

I believe Rufus has a best friend who is in the government, I believe Rufus has ties to other companies/friends whom could "wash each others hands" and BOTH can come out "golden" (Humble touched on some of those yesterday, this would include Mike Alexander) as well as friends with finance companies and such.

I believe there IS something in the works and that that anouncement will be forthcoming,
-possibly in DC on the 17th. I believe the bonds are real, I believe Mike Alexander KNOWS we are in the right, but also that there will be a fight. I believe we will have a new CEO -possibly learn about that more at DC, one who already owns and has companies and investments.

And a Million other etc's......

I also don't think we are having a meeting in DC to have it announced that the company is folding...

I also believe I'm going to EAT like a PIG this Thanksgiving! [Big Grin]

Paper trails, records, documents, emails and calls have lead me to believe that this isn't over yet. The only ones who are bailing are the ones that sit back and DON'T DD info, the info IS there, the trails are there, the connections ARE there.

Will Rufus let someone dismantle all this?
-Is that the Rufus we know?... -no ~

As far as the next "benchmark" that would be DC.

I'm kicking back and waiting to see what comes of it... Once I get to that mountaintop I'll be able to see what lays ahead ~

I'm done! [Big Grin] [Big Grin]

--------------------
The "BIG PICTURE" http://www.businessjive.com/nss/darkside.html

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humble
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quote:
Originally posted by highhopes:
The European Union Emission Trading Scheme (EU ETS) is the largest multi-national, greenhouse gas emissions trading scheme in the world. Under the scheme, each participating country proposes a National Allocation Plan (NAP) including caps on greenhouse gas emissions for power plants and other large point sources. The NAP must subsequently be approved by the European Commission.- Wikipedia

Europe is by far the leader in this area. Bonds issued in the European market...makes sense. Trips to Europe...makes sense.

Yes, the more I drilled into this the more things keep pooping up that might be coincidental but also could be placed alongside clues we have been given as things have developed. Chicago Commodities markets, Washington, Europe, IFC/World Bank/UNESCO and friends in high places, Brazil and Venezuela, helping humanity, and most of all huge dollar figures? These are a lot of seemingly disparate and far-flung pieces to try to fit together.

The only thing close to a common thread I have found so far begins with these pollution credits and the reletively new financial instrument that Rufus specializes in, asset backed securities. Not saying there is any glue holding this together, just that it is interesting relative to what we "know".

By the way, the ABS instrument could be applied to all kinds of situations, including disaster mitigation and cash flow solutions for orgs/countries with stable industries like oil/energy, agriculture and even tourism.

Now let's get trading again and see where this is going.

... In My humble Opinion

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humble
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That would be "popping up". Happy holidays all.

... In My humble Opinion

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fhalyesss
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quote:
Originally posted by 3403:
Good morning all. Woke up refreshed and full of hope. Should be gone by 2 or 3 pm.

I will give it till lunch time!!! [Big Grin]

--------------------
'The rewards for those that persevere, far exceed the pain that must proceed the victory!'

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Mantux
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Does anyone have an E*Trade account that's showing a price of $1.065? My level IIs are showing $.20 but my account is looking much better.
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Gullible
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Mantux I have E Trade, called them yesterday about my account balance being wrong, and they said they were having Technical Difficulties. It is messed up again this morning.
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RushDaBus
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Me too. E*Trade has these problems during off hours.
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coollbreezz
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SEC being investigated


SEC to Undergo
Further Scrutiny
From Congress
By KARA SCANNELL
November 21, 2006; Page C5

WASHINGTON -- The Securities and Exchange Commission, already under fire for its handling of a suspected insider-trading case, will receive more congressional scrutiny next month when the Senate Judiciary Committee holds a hearing on the agency's effectiveness.

Sen. Arlen Specter, a Pennsylvania Republican who is chairman of the committee until the new Democrat-controlled Congress convenes in January, has scheduled an oversight hearing on the SEC for Dec. 5.

The hearing comes as the SEC has been on the defensive since Sen. Specter and Sen. Charles Grassley (R., Iowa) said they were investigating the agency's handling of an insider-trading investigation involving hedge fund Pequot Capital Management and John Mack, the chief executive of Morgan Stanley. The matter, which was brought to their attention by a former SEC attorney, was referred to the Government Accountability Office for a thorough review of the SEC's enforcement division.

Linda Chatman Thomsen, the SEC's enforcement chief, is expected to testify at the hearing. Pequot founder Arthur Samberg has been notified of the hearing, according to a person familiar with the matter. It is unclear if Sen. Specter will compel his testimony. A spokesman for Pequot declined to comment.

Sen. Specter is expected to discuss the ability of the Justice Department to work with the SEC on investigations, following two court rulings that criticized the agencies for working too closely. He is also likely to discuss hedge funds, which he has said require tough enforcement.

It follows two hearings Sen. Specter held earlier this year. The first focused on hedge funds and short-selling activities, and Gary Aguirre, a former SEC attorney, testified about the SEC's handling of the Pequot investigation. Mr. Aguirre says he was fired after he sought to compel the testimony of Mr. Mack, who he suspected of tipping inside information to Pequot about a pending takeover. Mr. Aguirre has charged that the SEC denied his interview request because of Mr. Mack's political connections, and he said the agency allowed insider-trading referrals to gather dust, allegations the SEC has denied. Mr. Mack testified before the SEC this summer, and the agency said last month it wouldn't file charges against Pequot or Mr. Mack.

Sen. Specter has criticized the SEC's diligence in following up on insider-trading referrals from exchanges. The SEC says 75% of referrals become informal probes.

--------------------
JA

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frank021474
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Good morning board- I saw a lot of good discussion last night. Good thing I wasn't here eh? We got something productive accomplished [Smile]

Mantux- My etrade is all messed up. It shows a closing of .20 in the portfolio for CSHD but shows a 0 value on the front page. Yesterday it was showing me .19 on the portfolio value and a 2.20pps on the front value net asset page.

I guess we already covered methane- I didn't know cows and termites produce more methane than humans. I thought for sure my grandpa was in the running for that title [Wink]

--------------------
Got CSHD? Its fun

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frank021474
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Chart you got a PM

--------------------
Got CSHD? Its fun

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new2stocks
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good morning board
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bigstocks
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good morning all.
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6digits
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good morning bored
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Stock, Ham, and Mayo Sandwich
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gobble, gobble
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6digits
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It would be nice to get a little gravy in a PR form Rufus to put on my mashed potatos.
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