posted
I hope Rufus gets run over by a reindeer and rots on the side of the road for 3 months before anyone realizes it, that sorry SOB!
Posts: 2554 | Registered: Nov 2005
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what i cant understand is we needed all those forms in 10k 10q, none of them have showed up still, is it because of litigation, or do they not plan on filings...there are more questions yet very little if any answers... [/QUOTE]
If you set all personal feelings aside and just look at this for what it is you'll realize how much of a scam this is. It took me a while because I wanted to "believe" but I realize now it was a fraud. Its been 4 months and they still cannot prove ownership of the bonds and were still no closer to being uplisted.
I think Rufas knows he's trapped in a corner so the only thing he can do is buy more time and hope people stop asking questions. Its like a person on death row filing appeal after appeal just so he can live longer.
Wheres the MMs waiting to sign on? What happened to pulling money from the bonds to prove ownership? If you connect the dots you realize that all this phoney promises are Rufas' way of buying more time. Now his latest appeal is throwing in some puppet CEO. Mark my words in a month or so he will be gone too and Rufie will step in again and make more promises and buy more time.
Lets get it over already and start the class action suit
Posts: 47 | Registered: Oct 2006
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what i cant understand is we needed all those forms in 10k 10q, none of them have showed up still, is it because of litigation, or do they not plan on filings...there are more questions yet very little if any answers...
If you set all personal feelings aside and just look at this for what it is you'll realize how much of a scam this is. It took me a while because I wanted to "believe" but I realize now it was a fraud. Its been 4 months and they still cannot prove ownership of the bonds and were still no closer to being uplisted.
I think Rufas knows he's trapped in a corner so the only thing he can do is buy more time and hope people stop asking questions. Its like a person on death row filing appeal after appeal just so he can live longer.
Wheres the MMs waiting to sign on? What happened to pulling money from the bonds to prove ownership? If you connect the dots you realize that all this phoney promises are Rufas' way of buying more time. Now his latest appeal is throwing in some puppet CEO. Mark my words in a month or so he will be gone too and Rufie will step in again and make more promises and buy more time.
Lets get it over already and start the class action suit [/QUOTE]
Interesting perspective. The idea of suing a company which you claim has no assets seems a bit contradictory.
Some people have made up their mind that any money invested in CSHD is gone forever. If that is your opinion, I wish you all the best moving into some of the other plays doing quite well right now. In time and with diligent patience you will have made back your money and be a wiser investor for it.
However, if you are choosing to leave money in CSHD day over day, week over week, you are choosing to stay open to the possibility that your money is not lost. In as much as we would all love daily updates, the reality is that the company will not be issuing PRs for the sake of placating itchy investors. In fact, they would be foolish to do so.
It is easy to cry "scam" because that makes some people feel like they have a justification for impatience, and a target for their anger. To date, no information has come to light from the SEC, shareholders or mountains of DD that definitively puts an end to CSHD or the possibility that the company will pursue its original business plan - the one that got everyone so excited in the first place.
Each person will interpret the events leading up to our current position through their own past experiences. Lies, P&Ds, MoMo/Group plays and illegal manipulation are rampant in these lower markets. Each of these tactics results in a winner and a loser. You might think you have lost with CSHD, but who won if this is all a scam? Those who have done their research will be hard pressed to find anyone that was in a position to profit by driving this company into the ground. In fact, there are far more whose lives will be changed forever if this succeeds.
Everyone should be encouraged to rethink what they know versus what they feel. No one feels good about being down this far in an investment, especially at a time of year when we all could use a little extra. Until I see proof - not negativity, speculation or insider trading theories - to the contrary, I will wait and not let the absence of information lead to unfounded assumptions about the progress of the company (or the SEC investigation, for that matter) beyond the public eye.
Best wishes to everyone in deciding which road to take in the future.
... In My humble Opinion
Posts: 150 | From: None | Registered: Jul 2006
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posted
Yes, it would be ridiculous to go after a company that has no assets, which in my opinion will be CSHD. That said, the civil action should be after the assets and/or for time to be served like Skilling of the officers, et. al. who took this to this point.
Posts: 276 | Registered: Nov 2006
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quote:Originally posted by wv1973: Yes, it would be ridiculous to go after a company that has no assets, which in my opinion will be CSHD. That said, the civil action should be after the assets and/or for time to be served like Skilling of the officers, et. al. who took this to this point.
Should the SEC or other regulatory body determine that anyone close to this company broke the law and caused so many good people to lose their investment, I will be joining any and all suits. Until then, we are all in the limbo of speculation and misinformation.
The only thing each of us can do is to decide whether to bail out or wait it out. To that end, each investor has a responsibility to himself/herself to make a decision based on all available information. My pity goes to those who are influenced by the ebbing tide of emotion on this board.
... In My humble Opinion
Posts: 150 | From: None | Registered: Jul 2006
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posted
I agree with what you said Humble, except my finishing line would be: My pity goes to those who were influenced by the early rising tide of emotion and recklessness on this board and thought this was a long and strong stock that would fill their stockings and put visions of sugar plums dancing in their heads.
Posts: 276 | Registered: Nov 2006
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quote:Originally posted by wv1973: I agree with what you said Humble, except my finishing line would be: My pity goes to those who were influenced by the early rising tide of emotion and recklessness on this board and thought this was a long and strong stock that would fill their stockings and put visions of sugar plums dancing in their heads.
posted
Rufus got runned over by a stockholder Walking home from our house Christmas Eve. You can say there's no such thing as Santa, But as for me and Repo, we believe.
He'd been drinkin' too much eggnog, And we'd begged him not to go. But he'd left his medication, So he stumbled out the door into the snow.
When they found him Christmas mornin', At the scene of the attack, There were stockholder boot prints on his forehead, And incriminatin' CSHD certs on his back.
Rufus got runned over by a stockholder Walking home from our house Christmas Eve. You can say there's no such thing as Santa, But as for me and Repo, we believe. (Lord, we believe)
Now we're all so proud of Michael, He's been takin' this so well. See him in there watchin' football, Drinkin beer and playin' cards with cousin Sabrell.
It's not Christmas without Rufus. All the family's dressed in black. And we just can't help but wonder: Should we open up his gifts or send them back?
Rufus got runned over by a stockholder Walking home from our house Christmas Eve. You can say there's no such thing as Santa, But as for me and Repo, we believe. (Lord, we believe)
A little Christmas spirit. :-)
Posts: 276 | Registered: Nov 2006
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quote:Originally posted by wv1973: Rufus got runned over by a stockholder Walking home from our house Christmas Eve. You can say there's no such thing as Santa, But as for me and Repo, we believe.
He'd been drinkin' too much eggnog, And we'd begged him not to go. But he'd left his medication, So he stumbled out the door into the snow.
When they found him Christmas mornin', At the scene of the attack, There were stockholder boot prints on his forehead, And incriminatin' CSHD certs on his back.
Rufus got runned over by a stockholder Walking home from our house Christmas Eve. You can say there's no such thing as Santa, But as for me and Repo, we believe. (Lord, we believe)
Now we're all so proud of Michael, He's been takin' this so well. See him in there watchin' football, Drinkin beer and playin' cards with cousin Sabrell.
It's not Christmas without Rufus. All the family's dressed in black. And we just can't help but wonder: Should we open up his gifts or send them back?
Rufus got runned over by a stockholder Walking home from our house Christmas Eve. You can say there's no such thing as Santa, But as for me and Repo, we believe. (Lord, we believe)
A little Christmas spirit. :-)
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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Originally Posted by ernie d Been watching this tete-a-tete involving lp640, samrocks et al 4 a few days now ... finally got tired enough of it to post ... who knows who's right at this point, right? WHAT IF lp640 is right about forthcoming good news but his timing forecast is off some ... R some of U that R agin' him gonna swallow? R any of ya provin' anything to anybody by throwin' the barbs back and forth? Growin' any chest hairs?
As Carla recently posted, if U knew that we'd have a much higher pps by March, would U be satisfied? I threw out a hypothetical Q a week or so ago as to whether some would B appeased by pps of $3-5 by mid-Jan. if it meant that there was no 6:1 ... some would say, 'hell, yes!' while others would still *****.
Others have suggested that we need just a bit of good news 2 B appeased B4 Christmas ... some of U R such whiners (even though it seems that many of U have small amounts of $ invested) that IMO you'll find some reason to moan even after U hear some good news ... Y couldn't they answer this question, when they gonna tell us that, how soon is often enough, etc., etc.
I've had a hard-chargin, ass-kickin', take names for a livin' kind of career for 30+ years but it's amazin' what a little seasoning and wisdom will produce in your thought process. I'm far from perfect and have had plenty of tones of sarcasm both here and in life ... sorry 4 some of the sarcasm here but some of ya need to contemplate some of the "touchy, feely" posts just a little ... and yes, I wanna make $$$ on the almost $200K I've invested as well but let's all try just a shade more civility, eh? To paraphrase the sig of one of our HSM comrades, "Leaders ... motivate and inspire others to go in the right direction and they, along with everyone else, sacrifice to get there." R any of U willing 2 sacrifice some of the barf you're throwin' around in here for the good of all. Excluding the bashers, aren't we all on the same TEAM here? How many of us have seen sports teams thrive once the individual players (sometimes with a new "tough-minded" coach, e.g., Jim Leyland with the Tigers this year) realized the value of TEAM?
PEACE and best wishes TO ALL!
-------------------- Got CSHD? Its fun Posts: 766 | From: Washington, DC | Registered: Sep 2006
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I have noted the irony of suing a company I presume to have no assets, but my point was that if we did go to court it would possibly put this whole circus to rest. Without some sort of outside intervention I believe this will continue to drag along for another year.
At this point I dont even want to bother selling because the total amount is so small and I dont think I can really pursue any legal action if I just cut and run.
Posts: 47 | Registered: Oct 2006
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quote:Originally posted by frank021474: My fav post from HSM Today:
Originally Posted by ernie d Been watching this tete-a-tete involving lp640, samrocks et al 4 a few days now ... finally got tired enough of it to post ... who knows who's right at this point, right? WHAT IF lp640 is right about forthcoming good news but his timing forecast is off some ... R some of U that R agin' him gonna swallow? R any of ya provin' anything to anybody by throwin' the barbs back and forth? Growin' any chest hairs?
As Carla recently posted, if U knew that we'd have a much higher pps by March, would U be satisfied? I threw out a hypothetical Q a week or so ago as to whether some would B appeased by pps of $3-5 by mid-Jan. if it meant that there was no 6:1 ... some would say, 'hell, yes!' while others would still *****.
Others have suggested that we need just a bit of good news 2 B appeased B4 Christmas ... some of U R such whiners (even though it seems that many of U have small amounts of $ invested) that IMO you'll find some reason to moan even after U hear some good news ... Y couldn't they answer this question, when they gonna tell us that, how soon is often enough, etc., etc.
I've had a hard-chargin, ass-kickin', take names for a livin' kind of career for 30+ years but it's amazin' what a little seasoning and wisdom will produce in your thought process. I'm far from perfect and have had plenty of tones of sarcasm both here and in life ... sorry 4 some of the sarcasm here but some of ya need to contemplate some of the "touchy, feely" posts just a little ... and yes, I wanna make $$$ on the almost $200K I've invested as well but let's all try just a shade more civility, eh? To paraphrase the sig of one of our HSM comrades, "Leaders ... motivate and inspire others to go in the right direction and they, along with everyone else, sacrifice to get there." R any of U willing 2 sacrifice some of the barf you're throwin' around in here for the good of all. Excluding the bashers, aren't we all on the same TEAM here? How many of us have seen sports teams thrive once the individual players (sometimes with a new "tough-minded" coach, e.g., Jim Leyland with the Tigers this year) realized the value of TEAM?
PEACE and best wishes TO ALL!
Holy <bleep>! Someone dropped 200 large in this thing?!?
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
Waiting on John Arlitt, to move foward with CSHD first. But through Ecowood we have found we can create our on bonds. Working on our first bond now, will let you know how it turns out. !!
jmsgod HSM Regular
Join Date: Aug 2006 Posts: 387 Quote: Originally Posted by LadyTrader MA told me they are about ready to go ....lets just say the 1st day they go puplic im buying the crap out of it.......
I not sure if it will be public or not, I need to talk with Mike. We need to get started with the work first then other things will fall into place.
-------------------- Got CSHD? Its fun Posts: 766 | From: Washington, DC | Registered: Sep 2006
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posted
So frank- This Ernie is putting out the idea that instead of a 6:1 we may see a higher PPS? Very Interesting!! HHHMMM...sounds like that may be a possibility....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
euroclear will not confirm or deny ownership of bonds, isn't that sensitive info? and they're not in jurisdiction of US, so good luck SEC or anyone trying to find out..
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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posted
What if they have an MM right now but they are deciding if they should do the 6:1 or a higher PPS....& I believe that would decided the opening ask & bid....
...just thinking out loud...I wish it was for real...Hey you never know....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
That could be a problem...JA also PR'd the 6:1... BUT...if everything is as it was claimed to be? WHEN/IF this gets cleared up? I would think that it WILL open at a much higher PPS... After the audited financials have been done and an MM agrees? The company and the MM decided the PPS at open to the OTC.BB... Once that is done? the market will decide how fast if falls, how strong it holds or how high it goes... AFTER that point? then the 6:1... (yeah yeah...I know...when are we going to learn???? It's my dream...let me dream it! )
quote:Originally posted by Jenna: What if they have an MM right now but they are deciding if they should do the 6:1 or a higher PPS....& I believe that would decided the opening ask & bid....
...just thinking out loud...I wish it was for real...Hey you never know....
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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quote:Originally posted by lostone: euroclear will not confirm or deny ownership of bonds, isn't that sensitive info? and they're not in jurisdiction of US, so good luck SEC or anyone trying to find out..
Yes, highly doubtful Euroclear would give out client info to "me or you" Joe Retail...But the SEC works with foreign regulators daily. Look at the recent China Energy case, which involved asset seizure...
Someone here called Alana Black & she said to them that Conversion solutions can conduct business if they choose to right now....In your opinion wouldn't that mean the SEC would have the power to tell them to cease any business right now....??? That's how I took it but I don't understand the process...
Do you think by her saying that she was implying that the SEC was allowing them to continue doing business?
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
I am sure if during the expedited discovery the SEC discovers the bonds were made with photoshop in Rufus kids laptop our charade would have been over awhile ago.
They might have to file a new TRO- making this one an "emergency action" halting operations.
[EDIT MY OPINION OF COURSE...WHAT DO I KNOW ]
Here is an example of them stepping in on behalf of the investors:
On July 20, 2004, the Securities and Exchange Commission filed an emergency action in United States District Court in Dallas, Texas, to halt a fraudulent investment scheme and freeze assets for the benefit of investors. The Commission charged Cash Link Systems Inc. ("Cash Link") and its president, Alan Levine ("Levine"), with securities fraud in connection with an unregistered interstate securities offering involving "cashless" automated teller machines ("ATMs"). The Complaint alleges that over $10 million has been raised from 680 investors nationwide. At the request of the Commission, the Court entered a temporary restraining order halting the offering, issued orders to conserve assets for the benefit of the scheme's victims, including an asset freeze, the appointment of a receiver, and an accounting.
quote:Originally posted by Jenna: Tex- I have a question for you....
Someone here called Alana Black & she said to them that Conversion solutions can conduct business if they choose to right now....In your opinion wouldn't that mean the SEC would have the power to tell them to cease any business right now....??? That's how I took it but I don't understand the process...
Do you think by her saying that she was implying that the SEC was allowing them to continue doing business?
I *do* understand your question...
the short answer is no.
Whatever happens must be under purview of due process. For example, yes, the SEC can move to have a stock issue revoked. In other words, it *was* registered to trade--now it's not. BUT that requires an administrative hearing and is quite a different animal than you're seeing here. The most recent "popular" example is CMKX--and it took years and billions of shares traded to get cranked to that level.
The easiest way to get revoked is to quit filing...
Another tool they have is "asset seizure." Hence, my refernces to China Energy. Even there, you'll see the *added components* of foreign owners--which brings up the question of court appearance--AND at least two prior SEC actions.
The example I've been trying to use is Enron, simply for the public awareness angle. Anyone who reads a newspaper has seen those headlines, eh? Yet, Enron still trades. Yes, individuals have been convicted...ancillary companies (that were party to the crimes) have been reduced to much smaller than they were...in short, the "party" was busted up, but nobody padlocked the doors...
Here? The SEC is saying, "hey, we can't verify this. Unless you can verify it, you need to hush with all these claims while we look deeper."
The apparent response has been, "Yeah, ok--we won't even fight back..."
quote:Originally posted by frank021474: I am sure if during the expedited discovery the SEC discovers the bonds were made with photoshop in Rufus kids laptop our charade would have been over awhile ago.
They might have to file a new TRO- making this one an "emergency action" halting operations.
[EDIT MY OPINION OF COURSE...WHAT DO I KNOW ]
Here is an example of them stepping in on behalf of the investors:
On July 20, 2004, the Securities and Exchange Commission filed an emergency action in United States District Court in Dallas, Texas, to halt a fraudulent investment scheme and freeze assets for the benefit of investors. The Commission charged Cash Link Systems Inc. ("Cash Link") and its president, Alan Levine ("Levine"), with securities fraud in connection with an unregistered interstate securities offering involving "cashless" automated teller machines ("ATMs"). The Complaint alleges that over $10 million has been raised from 680 investors nationwide. At the request of the Commission, the Court entered a temporary restraining order halting the offering, issued orders to conserve assets for the benefit of the scheme's victims, including an asset freeze, the appointment of a receiver, and an accounting.
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