posted
My impression is that shareholder confidence is at an all time low and that any update would be appreciated. St. Matthew, I appreciate your hard work and the time you took to meet with management.
I personally am not satisfied with how CSHD has treated the longs. They don't have to issue PR's or 8-K's, or border on insider information on internet radio shows to keep people in the loop and happy. A semi-regular 1-2 sentence update on their web site or through the CSHD Shareholder committee site would be more than adequate and appropriate.
Just show the shareholders you care. Hell, just let 'em know you exist.
Credibility comes through full disclosure and transparency. It's what Rufus peached, but no one has delivered recently.
quote:Originally posted by St. Matthew: Attention: I just wanted to pass on that I spoke with one of the company directors during lunchtime. We did not discuss anything in detail as I knew he would / could not answer and also, I did not want to put him in an uncomfortable or compromising position. I basically just wanted to hear that things are happening and we will be OK. I got my answer and I am satisfied.
He informed me that they are working very hard at re-building the company foundation and future (assets, credibility, and relationships). The company is very much alive and well. Things are happening behind the scenes that will benefit the shareholders. These things do take time and he asked for your understanding and patience. He said that he did not think it would take as long as some posters have recently speculated. However, you never know how things can change in the business world and did not want to predict a timeline.
They are very aware of what we are going through and do apologize for the situation, but they have had a lot to straighten out in order for us to start moving forward once again. They are being very careful to not PR anything until it is something solid and of true value to the shareholders. They do not want to put out a “Fluff” PR just for the sake of putting something out there. They are doing everything ‘by the book’. He said that there are lots of rumors floating around out there and we should only believe information that comes from the company once things start happening.
That’s about it…hope this helps. I know that I feel better!
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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quote:Originally posted by St. Matthew: Attention: I just wanted to pass on that I spoke with one of the company directors during lunchtime. We did not discuss anything in detail as I knew he would / could not answer and also, I did not want to put him in an uncomfortable or compromising position. I basically just wanted to hear that things are happening and we will be OK. I got my answer and I am satisfied.
He informed me that they are working very hard at re-building the company foundation and future (assets, credibility, and relationships). The company is very much alive and well. Things are happening behind the scenes that will benefit the shareholders. These things do take time and he asked for your understanding and patience. He said that he did not think it would take as long as some posters have recently speculated. However, you never know how things can change in the business world and did not want to predict a timeline.
They are very aware of what we are going through and do apologize for the situation, but they have had a lot to straighten out in order for us to start moving forward once again. They are being very careful to not PR anything until it is something solid and of true value to the shareholders. They do not want to put out a “Fluff” PR just for the sake of putting something out there. They are doing everything ‘by the book’. He said that there are lots of rumors floating around out there and we should only believe information that comes from the company once things start happening.
That’s about it…hope this helps. I know that I feel better!
Hot off the press!
lol...
Once again, this "I-heard-from-the-company-but-can-not-tell" is--if true--insider info.
Matt: what does this mean? "These things do take time . . ."
To what do "these things" refer?
Also got a question here; you post: They are being very careful to not PR anything until it is something solid and of true value to the shareholders.
If that's true, why is it you get a response (when so many others can not)...during a time when "they are being very careful to not PR..." ???
Understood? can *not* PR for caution's sake, yet you can post reassuring "info" ...
logically speaking, either you made this up, or someone in the company is not being cautious.
posted
Tex? Can't people speak to a company and it NOT be isider info? I mean it doesn't sound as if anything was really told to Matt except.. we are working on it...and we won't PR anything until there is info to PR...although...I think in the case of CSHD and all that has come with it...the company really should PR that they are indeed "working on it"...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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Actually- it's a good point....there are people out there claiming that they know info & posting things on the boards & it's actually aggravating to the person that Matt has talked with....
These people give timelines & twist information & add there own spin.....so your point is well taken....
People who post "in- the- know-things" should be asked those questions, Tex....some of these people need to be "challenged"......fortunetly, Matt has actually spoken with someone in the company & that person was careful with what he said, which is a good sign....no late night drunken radio ramblings for this new management- thank goodness.....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by 10of13: Tex? Can't people speak to a company and it NOT be isider info? I mean it doesn't sound as if anything was really told to Matt except.. we are working on it...and we won't PR anything until there is info to PR...although...I think in the case of CSHD and all that has come with it...the company really should PR that they are indeed "working on it"...
Sure...I talk to companies alla time...you know that. And the SEC, and the NASD... etc etc...
Usually, I get info simply cuz everybody else is too lazy to make calls...you know that, too.
In this case? peeps have been *CLAMORING* for a response. Begging...pleading, in some posters' cases.
Yet, St Matt gets a response: you know me...gotta wonder why...
"we won't PR, yet, but we'll tell you, boy o boy, we are 'working on it' ..." which somehow gets translated to good news...
posted
Bug me? LOL..I have been trying to get something from the company for weeks...and nothin! LOL...BUT? All this stuff that is posted on other boards giving the time lines and super hype?!!!yeah that bugs me...
Matt's post? Just sounds like he called...got no where with the call and posted they are working on it...no real hype the way i read it... I would be happy if there was a PR from the company...LOL BUT? Haven't seen ya in a while Tex...Did you have a good Holiday Season?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Thanks Matt, it is good to hear something positive In my opinion if the mgmnt did or would PR just what they told you it would go a long way toward shareholder confidence. There's been enough stuff put out by other sources that Jenna metioned to make my head spin and my fist clench and my teeth grit etc,. Get the picture.
Posts: 957 | Registered: Jun 2006
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posted
You guys have heard the talk that the bonds are no good, no doubt. I was wondering with all the times Rufus said he was putting this business plan together for a number of years now, he somehow overlooked something. The usability of the bonds. And that makes me curious just how long he has beeen aware of that. I can't figure how he could overlook the bonds being able to be used. Us feeling used wasn't even considered I don't think. Or so it seems.
Posts: 957 | Registered: Jun 2006
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quote:Originally posted by 10of13: Bug me? LOL..I have been trying to get something from the company for weeks...and nothin! LOL...BUT? All this stuff that is posted on other boards giving the time lines and super hype?!!!yeah that bugs me...
Matt's post? Just sounds like he called...got no where with the call and posted they are working on it...no real hype the way i read it... I would be happy if there was a PR from the company...LOL BUT? Haven't seen ya in a while Tex...Did you have a good Holiday Season?
10 writes: "Just sounds like he called...got no where with the call and posted they are working on it...no real hype the way i read it..."
fair enough, but then look at the post following yours which I've quoted: 6 says sumpin like, "good to hear something positive"
helllo?
If the message is neutral, how is that "positive"? see what I mean?
*********
OT: 10 of Misses Me...ya, been outta town on jobs a lot...BUT my Holiday Season was splendid. Oldest child in from Denver--slipped out between blizzards--and she and my other two plus other family (I have the Grand-Champ Sister) made for a joyous time. Trust yours was *at least* as nice...would be fun for me to see those boys' faces light up Christmas morning...I'm sure you & Santa lit 'em up
quote:Originally posted by Jenna: He did not make it up.....I can assure you of that Tex....
cool...
you understand my point, though, eh?
I do understand your point. I thank St. Matt because he shared and because he didn't give it the big pump like I've seen elsewhere.
The most beneficial thing the company could have done was to put out a PR stating exactly what was reported by St. Matt. It wouldn't really be fluff because they would be stating that they are working on it and that it will take time and it wouldn't be material in that it is making any claims so that the SEC or anyone else could not be upset. Seems like a win win to me but of course you will always have those that aren't happy no matter what comes out.
I just want something that says: Hey we are on the job working to resolve the matters at hand. At his point in time we are unable to provide an exact timeline but are doing everything possible to have it done as soon as possible.
Of course since most of us are unable to sell I guess they know that there isn't any hurry to put something out.
I don't need to be in the "KNOW" boat just would like to have a boarding pass.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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quote:Originally posted by Jenna: He did not make it up.....I can assure you of that Tex....
cool...
you understand my point, though, eh?
I do understand your point. I thank St. Matt because he shared and because he didn't give it the big pump like I've seen elsewhere.
The most beneficial thing the company could have done was to put out a PR stating exactly what was reported by St. Matt. It wouldn't really be fluff because they would be stating that they are working on it and that it will take time and it wouldn't be material in that it is making any claims so that the SEC or anyone else could not be upset. Seems like a win win to me but of course you will always have those that aren't happy no matter what comes out.
I just want something that says: Hey we are on the job working to resolve the matters at hand. At his point in time we are unable to provide an exact timeline but are doing everything possible to have it done as soon as possible.
Of course since most of us are unable to sell I guess they know that there isn't any hurry to put something out.
I don't need to be in the "KNOW" boat just would like to have a boarding pass.
GLTA Wally
yup, the company should say it...*not* release through back-channels...
posted
Tex- good to see you again....even though its normally us bantering back and forth
The neutral news to some is good news- it could definately be a lot worse right? It may not be "golden" news but at least it wasn't the grim reaper at the front door.
-------------------- Got CSHD? Its fun Posts: 766 | From: Washington, DC | Registered: Sep 2006
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posted
Tex? ..see the point... It's called desperate! LOL!
OT: Yep missed ya loads! And the red suit fit me quite well! The kids and I had a fantastic Christmas...my marine couldn't make it..BUT he will be home next week...(just in time for my birthday)We haven't seen him in over 2 years and the youngest ones are NEEDING to see their big brother...and yes...Mom needs to also!
Glad you are keeping busy...but don't think that you aren't missed!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Matt ..... I would like to thank you very much for taking the time to speak to that person and then relaying back to us in a very professional way. I would think that the people on this site that have been here for a length of time that have chatted with you would realize that you are NOT a lier. Even to insinuate it, I believe is wrong. While I understand the frustration of a lot of us, I know that you are an honest man and you spoke the truth when telling us of your conversation. Once again, THANK YOU.
Posts: 557 | From: UpState New York | Registered: Sep 2006
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quote:Originally posted by frank021474: Tex- good to see you again....even though its normally us bantering back and forth
The neutral news to some is good news- it could definately be a lot worse right? It may not be "golden" news but at least it wasn't the grim reaper at the front door.
quote:Originally posted by frank021474: Tex- good to see you again....even though its normally us bantering back and forth
The neutral news to some is good news- it could definately be a lot worse right? It may not be "golden" news but at least it wasn't the grim reaper at the front door.
bantering?
lol...
Seriously doubt there's any "golden" news imminent...
Frank, you understand the concern, right?
So far, no merger has occurred; no bonds have been proven; the debt with Ribostsky's groups (sp?) still stand, as far as I know: given that to work with, what can the SHC say?
posted
I hear ya tex- you can say in one breath that none of that has occured just like you can say that none has been disproved right (other than timeline)?
If you average down enough and pull out enough $$ to make it a comfortable loss its an exiting ride!
Averaging down with a comfortable loss makes this thing only need to go above .30 to be good..heck we risk that much on a lot of penny plays.
-------------------- Got CSHD? Its fun Posts: 766 | From: Washington, DC | Registered: Sep 2006
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quote:Originally posted by thedoctor: Matt ..... I would like to thank you very much for taking the time to speak to that person and then relaying back to us in a very professional way. I would think that the people on this site that have been here for a length of time that have chatted with you would realize that you are NOT a lier. Even to insinuate it, I believe is wrong. While I understand the frustration of a lot of us, I know that you are an honest man and you spoke the truth when telling us of your conversation. Once again, THANK YOU.
"Even to insinuate it, I believe is wrong."
I didn't "insinuate it," I posted it as a logical possibility...
quote:Originally posted by thedoctor: Matt ..... I would like to thank you very much for taking the time to speak to that person and then relaying back to us in a very professional way. I would think that the people on this site that have been here for a length of time that have chatted with you would realize that you are NOT a lier. Even to insinuate it, I believe is wrong. While I understand the frustration of a lot of us, I know that you are an honest man and you spoke the truth when telling us of your conversation. Once again, THANK YOU.
"Even to insinuate it, I believe is wrong."
I didn't "insinuate it," I posted it as a logical possibility...
hedzup
Correct Tex, you posted it as a "logical possibility", not an insinuation; however I believe and I know that you do too; Matt is not making up the conversation (you did say that). Its nice to see you back (you grumpy person ).
Posts: 557 | From: UpState New York | Registered: Sep 2006
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quote:Originally posted by thedoctor: Matt ..... I would like to thank you very much for taking the time to speak to that person and then relaying back to us in a very professional way. I would think that the people on this site that have been here for a length of time that have chatted with you would realize that you are NOT a lier. Even to insinuate it, I believe is wrong. While I understand the frustration of a lot of us, I know that you are an honest man and you spoke the truth when telling us of your conversation. Once again, THANK YOU.
"Even to insinuate it, I believe is wrong."
I didn't "insinuate it," I posted it as a logical possibility...
hedzup
Correct Tex, you posted it as a "logical possibility", not an insinuation; however I believe and I know that you do too; Matt is not making up the conversation (you did say that). Its nice to see you back (you grumpy person ).
lol, doubtful you know the least whisper about my beliefs...
This is just my opinion but I THINK that Tex is just trying to make sure people keep it real. As he has reminded me a few times before, there are more than just posters here....there are also readers. Some of those people may have just turned up this week. St Matt posted something that I feel is fact as far as HE is aware. Was he given fact? Who knows. That "other" board has been posting "facts" for months and we know how often that stuff is skewed. Tut comes to mind when i think of that (duck and cover!!! haha).
Anyway, thanks Matt....I appreciate your diligence in this matter. Most probably know that Tex and I may not always agree but i think most of you do understand what he was trying to say...come on now, admit it.
Posts: 2308 | From: Michigan | Registered: Jun 2006
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posted
Howdy Frank. Ive been around, ive just been waiting patiently for some sign of life in CSHD. I got my fill of mudslinging back in the Rufus days so i dont post much these days.
Posts: 2308 | From: Michigan | Registered: Jun 2006
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posted
Nice to hear from Matt. But the "We're working on it" BS is enough to make me want to strangle the life out of someone.
We don't need to be patient, we don't need to stop ourselves from being pests, we don't need to "just wait"....
We need to bug the crap out of these people who are running the company that we own until they decide that we are worthy enough to get some word as to what they are doing. A PR stating that the company is not dead is certainly not a fluff PR, it is possibly one of the most important PR's you can get, much like getting a call from a Doctor saying that the tumor is benign (thats not fluff information).
My instinct now is not to give anyone the benefit of the doubt. The SEC shut us down, people were fired and left and whatever the heck else happened. Now there is new management. Release a PR daily if you have to to tell us what you are doing because every day that I don't get a PR I assume that you are doing nothing.
The OWNERS of the company, like myself, deserve some answers.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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