quote:Originally posted by glassman: ...the fact that sourstreet and stockfruit got those "confidential" letters indicates that insiders were working against Rufufu...
suspect everybody...
Rufus alluded to Canady trying to undermine CSHD. It makes perfect sense that Canady sent that C&D letter to sourstreet. I wonder how many insiders we have had against us, or is it all in Ruffy's mind?
I don't think it's in his mind- but whoever was against this probabaly shorted this thing....It's kinds obvious when these people do it too....they suddenly don't care about the PPS.....or they sabotage or they just delay or don't fix this at all.....
Don't you guys find it strange that a lot of the legal shorts have paid back....why would they pay it back while on the grey's? maybe they would pay it back if they were shorting but knew what was going on with the company from the inside....maybe paid it back because the knew this was going to come out of it eventually.....makes you think doesn't it.....so the shorters could have been any of them.....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by glassman: this would be the first time I heard of a pumping shorter
Jenna... if someone wants to short? they want the highest price possible to sell short at..
that's just part of the equation tho...
i've been ignoring most of the "data" available on this one for several months now, but:
somebody did NS this thing as evidenced by it being on the Threshold failure to deliver list published by NASDAQ for weeks ( 13? or 14?)
the questions about share structure have never been answered to my satisfaction. that IMO, is because the merger was half-way done...
as for who actually NS'ed it? we may never know...
it is possible that insiders NS'ed it using shares that were restricted or it could have been a hedge group affiliated with that web-TV show that advertised Rufus was coming on and had sourstreet instead...
the fact that sourstreet and stockfruit got those "confidential" letters indicates that insiders were working against Rufufu...
suspect everybody...
I think you will all be very surprised when you learn who was really shorting this......
posted
Hey gang! It's been awhile since we pulled an all nighter trying to follow Rufus on SPR:) I'm not sure who to believe in this whole mess, I just hope they straiten it out soon so my cert is worth more than just the sheet of paper its printed on... GLTA in 2007!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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quote:Originally posted by luvforever: ok so who here knows what is going on give me some opinions please so I can grasp what folks are hearing and coming up with tia
It seems that there will be a proxt vote, voting on a few things, a merger or project of some sort, separating from Rufus & the bonds in order to move on & get this back on track as a new company, also voting on the 6:1.
Basically, I think this is the first step in moving on.
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by Jenna: Don't know where they are....they are around, one of them spoke last night on SPR.....They are legal, the SEC knew about the whole thing....
Remember this is what I've been told & we all must take things we are told with a grain of salt....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
Who knows what is going on? Haha...I'm not sure anyone does...! opinions? Theories...all sorts of them...all kinds of twists and turns... Here's mine... Everyone had their OWN agenda...EVERYONE was out to get rich...ALL of the AGENDAS turned around and bit ALL of them in the BUTT! Right now? I am thinking that Rufas is "attempting" to follow through with his original agenda... he stated last night...proxy things for the court... ~let the "company"...CSHD(FHAL)...the trading company move forward...with new Assets and JV's...(maybe leaving JA the CEO?) ~I would assume that this would mean.."ondoing" the merger...there must be a clause in the original merger agreement that allowed for this to be done...(there ALWAYS is) ~Leave Rufas, "Conversion Solutions", bonds etc...behind to be settled out in court with and by Rufas...that would mean that Rufas, calling himself the CEO of Conversion Solutions...is a "true statement"...
JA? He's a pumper...period...he may want to "save the shareholders"...but "TUT" pumped...period...maybe he will help get things back on track...but right now...his silence? is doing AS much damadge to the PPS as what Rufas did by not doing as the SEC said..
MA? A$$...only out for 100% self...he sucked as CEO of FHAL and is now a CEO of yet another bogus company..IMO...so leave him out of the math here...let him move on to a new mess...
I think that there is a good chance that Rufas and Arlitt working together will move things off of the greys...but quite possibly only if things are seperate...
AND again...all IMO!
-------------------- #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
Three months ago, I told Jenna who I thought was shorting CSHD. I told her that all you had to do was look for the person making the loudest noise about shorters. I truly believe that the guy who drinks and talks a lot on SPR is the real shorter along with his buddy Ben. You people can call me a "nut case" but, I think all of this garbage is going to eventually come out. This "con-artist" has manipulated our PPS for a very long time with promises and lies. It has even been said that when we had a MM to re-enter * $2.00. Read what Tony Saprano says:Originally Posted by TonySoprano "That is complete bull****. Rufus was asked to have an attorney sign an opinion letter with some very basic information regarding the company, one that another attorney had already said should be routine. Once that letter was signed, the MM would have filed the 15(c)211 and resumed trading at $2 a share and had promised to support the share price for a minimum of 30 days. I was privy to the entire conversation and that is the total truth.
Most of your have lost your marbles. You are listening to the rantings of a drunken liar who is clearly delusional and has lost complete touch with reality.
I'm not going to stick around and argue with those of you who think this drunken lying scammer is the savior for your investment. I still own all my shares, have mentally and emotionally accepted the fact that the money is gone, and will get on with my life. Whatever happens, happens, but Rufus the lying drunken scamming bull**** artist is going to jail for a long time by the time all is said and done."
I have to say that I totally agree with his opinion. Tony was on the SHC at the time this happened. Rufus purposely stopped us returning to the $2.00 level with a MM. I think that Rufus and Ben totally set us all up for the fall. I also think that JA is trying and will be successful in getting us back to a decent price after a long long battle to do so.
Posts: 557 | From: UpState New York | Registered: Sep 2006
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posted
OT: 10, did your son get home? Yes...he is home...and eating all of my food!!! LOL! My 8 year old cried like crazy when he came through the doors at the airport...they are great buds and they haven't seen each other in over 2 years... But my youngest was a little "unsure"...however..all is good now..and all the other kids are already back to arguing with him...it's as if he was never gone...siblings are very odd...LOL thanks for asking...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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however? if you are correct? then Rufus should be going to jail, and will have left a clear trail of "breadcrumbs" that any investigative team could find..
IMO? it's too obvious... but that's just IMO...
BTW? the part about emotional detachment is important even for winning picks
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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posted
10 ..... I am so happy for you and your family. Tell him how much we appreciate what he is doing. Posts: 557 | From: UpState New York | Registered: Sep 2006
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quote:Originally posted by glassman: you opinion has merit Doc...
however? if you are correct? then Rufus should be going to jail, and will have left a clear trail of "breadcrumbs" that any investigative team could find..
IMO? it's too obvious... but that's just IMO...
BTW? the part about emotional detachment is important even for winning picks
I think all of this is going to come out. This guy is a "classical con-artist". The FBI will nail him.
Posts: 557 | From: UpState New York | Registered: Sep 2006
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quote:Originally posted by stocktrader22: wow so we could have been at $2 but rufus said no. WOW
If you can get lucky enough to contact a SHC member, ask him. I also think that Sabra might have been involved. Sabra maybe ..... Rufus and Ben, I would bet on it.
Posts: 557 | From: UpState New York | Registered: Sep 2006
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posted
Ot: thanks Doc...I will tell him.. As for your above message this is the part that I have questions with...
"Originally Posted by TonySoprano "That is complete bull****. Rufus was asked to have an attorney sign an opinion letter with some very basic information regarding the company, one that another attorney had already said should be routine. Once that letter was signed, the MM would have filed the 15(c)211 and resumed trading at $2 a share and had promised to support the share price for a minimum of 30 days. I was privy to the entire conversation and that is the total truth."
The problem with this IMO? Didn't the financials needed to be "redone" audited by someone that the SEC apponted? BEFORE an MM could "sign on"..Before the SEC would "allow" this to trade? If that is the case then "Tony" is misinformed..IMO
-------------------- #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 10of13: Ot: thanks Doc...I will tell him.. As for your above message this is the part that I have questions with...
"Originally Posted by TonySoprano "That is complete bull****. Rufus was asked to have an attorney sign an opinion letter with some very basic information regarding the company, one that another attorney had already said should be routine. Once that letter was signed, the MM would have filed the 15(c)211 and resumed trading at $2 a share and had promised to support the share price for a minimum of 30 days. I was privy to the entire conversation and that is the total truth."
The problem with this IMO? Didn't the financials needed to be "redone" audited by someone that the SEC appointed? BEFORE an MM could "sign on"..Before the SEC would "allow" this to trade? If that is the case then "Tony" is misinformed..IMO
10 ... Not sure about your question, however; two different individuals on the committee have told me the same story when it happened. They were very upset when Rufus stopped the advancement back with the MM.
Posts: 557 | From: UpState New York | Registered: Sep 2006
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posted
10, that is a good question...I think you are asking this: If now, at this time, they can not get an MM until the filings are redone, why back then could they have gotten an MM without having the filings redone....that is agood question...is that what yo are asking?
I will call John again next week & I will ask him that...I will also ask him about the situation with a lawyer.....If he can answer he will - if he can't he will just say no comment....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
Yes Jenna...that is what I am asking... It has been my understanding the way it had to be since we made it to the Greys... That is why I think the SHC was misinformed...and all that were in on the call think Rufas screwed them...AND? I could also have it all wrong... ALSO? The SHC did give a request to Rufas...Rufas said that he would be gone over the Holiday...(he would not be back until the week after Thanksgiving but he would respod then...By the time that Rufas came back from his vacation? he was replaced... Keep in mind...this is also what I was told by someone that was in on the SHC...so mine is ALSO simply hearsay and more of the "he said/ she said" BS games that are played so well with this stock...LOL
-------------------- #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
First, OT: Ditto what Doc said there 10. Tell that boy thanks for me and my family. I'm gald he's around for you and us!
Now then...the MM thing is still baffling. I figure that maybe Rufus didn't want us back to trading until the bonds issue was cleared up. He was mad the SEC didn't halt it, so I can see why he didn't want a MM on board. The other thing with this, if John had a MM ready, where's he at now?
Posts: 1028 | From: Georgia | Registered: Jul 2005
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quote:Originally posted by RichBy26: Hey gang! It's been awhile since we pulled an all nighter trying to follow Rufus on SPR:) I'm not sure who to believe in this whole mess, I just hope they straiten it out soon so my cert is worth more than just the sheet of paper its printed on... GLTA in 2007!
Who to believe... who to believe? Truely clouded the darkside is. (Yoda is cool. )
Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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quote:Originally posted by milliam: First, OT: Ditto what Doc said there 10. Tell that boy thanks for me and my family. I'm gald he's around for you and us!
Now then...the MM thing is still baffling. I figure that maybe Rufus didn't want us back to trading until the bonds issue was cleared up. He was mad the SEC didn't halt it, so I can see why he didn't want a MM on board. The other thing with this, if John had a MM ready, where's he at now?
I know that they will not sign on until the filing are redone.
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
OK...I am now listening to the show...I guess Rufas will not be working with JA...so scratch that portion LOL
quote:Originally posted by 10of13: Who knows what is going on? Haha...I'm not sure anyone does...! opinions? Theories...all sorts of them...all kinds of twists and turns... Here's mine... Everyone had their OWN agenda...EVERYONE was out to get rich...ALL of the AGENDAS turned around and bit ALL of them in the BUTT! Right now? I am thinking that Rufas is "attempting" to follow through with his original agenda... he stated last night...proxy things for the court... ~let the "company"...CSHD(FHAL)...the trading company move forward...with new Assets and JV's...(maybe leaving JA the CEO?) ~I would assume that this would mean.."ondoing" the merger...there must be a clause in the original merger agreement that allowed for this to be done...(there ALWAYS is) ~Leave Rufas, "Conversion Solutions", bonds etc...behind to be settled out in court with and by Rufas...that would mean that Rufas, calling himself the CEO of Conversion Solutions...is a "true statement"...
JA? He's a pumper...period...he may want to "save the shareholders"...but "TUT" pumped...period...maybe he will help get things back on track...but right now...his silence? is doing AS much damadge to the PPS as what Rufas did by not doing as the SEC said..
MA? A$$...only out for 100% self...he sucked as CEO of FHAL and is now a CEO of yet another bogus company..IMO...so leave him out of the math here...let him move on to a new mess...
I think that there is a good chance that Rufas and Arlitt working together will move things off of the greys...but quite possibly only if things are seperate...
AND again...all IMO!
-------------------- #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
WOW! ... just got caught up with the last 10 pages ... seems like old times again! Anyone heard from BB? ... are you out there in the shadows BB?
IMO, I guess it's good to mix it up again ... stir the pot a little or a lot! Looking forward to what appears to be "all of this" coming to a head! GLTA
-------------------- ... make you're decisions only on you're own DD ... Posts: 348 | From: Arizona | Registered: Jul 2006
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quote:Originally posted by luvforever: Jenna who do you think it is?
Well, of course, I, like everybody else, do not know but I'll bet it's the ones who cried the loudest about the shorts in the first place!!!
I'll bet its not
In fact, im guessing here but id bet it might be easier to short this "naked" from another country.....Canada for example.
But hey, what do i know.....John is the CSHD idol or something. Based on what again? heh
Posts: 2308 | From: Michigan | Registered: Jun 2006
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Mike Alexander: Poor guy who got in deep with some toxic financiers and then even deeper by allowing himself to play a useful pawn. Neither a threat to the company nor a savior.
John Arlitt: We know very little about his past, credentials, capabilities, motives or why he is even involved. We do know he pumped when necessary, mysteriously surfacing as the leading candidate in a shady shareholder move to take over a company just in time to oust the CEO and go silent to the general public except for the hearsay of HSM members.
Rufus Paul Harris: Loose cannon as a personality. Appears to have the connections to and knowledge of the only verifiable thing about this company - some kind of link to Euroclear. Interviews poorly but at least comes out in public to work his position. Has been true to the "Kill Shorty" theme from day 1.
I hear things like those mentioned by TonySoprano over on HSM and it makes me really start wondering where people's motives are right now. The idea of having a MM that was willing to support $2 for 30 days is absurd - that is a fool of a MM or one openly admitting the desire to illegally collude with other MMs to manupulate the PPS. I do not believe there was any such MM waiting in the wings.
Additionally, if there were SHC members allowed on a call of that nature you should be getting a big red flag in your head. Why on earth would a CEO contacting another insider about sensitive legal information allow shareholders to listen in? Or maybe they were told what happened by Arlitt? Either way stinks to me.
I have NEVER been convinced that anyone other than RPH is the legal CEO of CSHD or that anyone else can get things done without him. The way in which everything was pulled in by Arlitt and the mysterious majority looked fishy even as it was happening... and is more so now. Why can't the company move forward? Arlitt is powerless - RPH has the signature/codes to access anything of value to this company and he sure isn't going to turn anything over to the guy he feels defrauded everyone and is working for a shorting ring.
For what its worth, I would like throw out an opinion on the question of how Rufus can be so cavalier in the face of so much adversity in his company. Why did he just fade away and not put up a fight when the whole Arlitt takeover was happening? Why does he insist that he is the real CEO? My speculative answer: He, or a trusted group, owns the company majority outright; no one has a claim to any shareholder priveleges because he controls the majority (control the game).
If I had planned a short-sting for two years this would be my ace in the hole. Let things go to he!! in a handbasket... let as many worms come out as possible; in the end I would be laughing last because I knew that I was untouchable with the float sitting in a steel box somewhere.
Many people might own large blocks of shares, some even to the extent that they seemingly have a claim to be a majority shareholder. But we know about the mess with the outstanding sharecount and the accusations of hundreds of millions of naked shorted shares and missing people from the NOBO list. The only true shareholders are those that bought up the float and did it before everyone else jumped on board. Anyone remember anything about a trust from the good old days? The whole reason things are such a mess may be because so many people own large chunks - potentially verifiable naked shorting and the reason RPH is still fighting. However, none of those large chunks are legal, including my little portion.
What did Euroclear see to give RPH fiduciary access to the Venez. bonds? What did RPH show the judge? Why did the legal shorts cover in Dec if we are heading down the toilet? Why did the SEC halt the day before alleged big news? Why can't we get an honest O/S out of anyone or the transfer agent? Why can't ADP get an accurate NOBO list? I have my guess and I'm looking forward to seeing where we are headed and how this plays out for those sticking around.
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