posted
this stock has no legs and I don't think it moves for months-if ever. I'm buying RYQG and it is going much higher-at least RYQG files and owns a business that has solid revs.
Posts: 902 | Registered: Feb 2004
| IP: Logged |
quote:Originally posted by 10of13: thanks New2... So MA is a Liar?!!
IMO this looks bad for Mike but im treading in waters i know NOTHING about here. As a "nobody" it looks to me like he is covering thy buns
Posts: 2308 | From: Michigan | Registered: Jun 2006
| IP: Logged |
posted
Man what crap! So Mike has finally decided to come clean. I can't believe he put his wife's share sell in on this. I wouldn't think that would be legal. What's the deal with filing forms way after the actual transaction...this can't be legal.
So now we know that his wife sold shares at 1.12 for $560k. He at least admitted she sold the 500,000. I wonder who the gifts went to as well. You would think that this might have to be filed somewhere, but maybe not.
I thought maybe he gifted them back to CSHD, but this statement seems like that isn't what happened: "non-affiliate entities and/or non-affliates".
I think we'll be hearing from Rufus again tonight...I sure hope so!
Posts: 1028 | From: Georgia | Registered: Jul 2005
| IP: Logged |
quote:Originally posted by 10of13: That's what it appears Cat...
Winner? Thanks for the seal of "no go"...I'm glad that you have a stock to buy...LOL
Its not winners first post about that stock on this thread, and there is a similar post on another thread from him/her. Vanilla post with a candy sprinkle on top.....
Posts: 2308 | From: Michigan | Registered: Jun 2006
| IP: Logged |
quote:Originally posted by milliam: Man what crap! So Mike has finally decided to come clean. I can't believe he put his wife's share sell in on this. I wouldn't think that would be legal. What's the deal with filing forms way after the actual transaction...this can't be legal.
So now we know that his wife sold shares at 1.12 for $560k. He at least admitted she sold the 500,000. I wonder who the gifts went to as well. You would think that this might have to be filed somewhere, but maybe not.
I thought maybe he gifted them back to CSHD, but this statement seems like that isn't what happened: "non-affiliate entities and/or non-affliates".
I think we'll be hearing from Rufus again tonight...I sure hope so!
Gotta agree with you there, gonna probably be cowboy central on SPR tonight. Not sure HSM will let him post his appearance there though....
Posts: 2308 | From: Michigan | Registered: Jun 2006
| IP: Logged |
quote:Originally posted by 10of13: Milliam? maybe someone that could sell them in the Berlin exchange? It's all a crock...no matter how we try to look at it...
Hmmmmmmmmmmmmmm, looking at the dates you bring up a very good question.
I repeat.......hmmmmmmmmm
Didnt Rufus say in the last interview that Mike "loaned" someone some of his shares so it could be shorted someplace?
Posts: 2308 | From: Michigan | Registered: Jun 2006
| IP: Logged |
quote:Originally posted by 10of13: Milliam? maybe someone that could sell them in the Berlin exchange? It's all a crock...no matter how we try to look at it...
Maybe he gifted them to the Berlin Exchange. Exactly what a crock of "you know what". Especially since he posted last week that he had all his shares in certificate form no less. If you look at the form 4 all entries were "D" which usually signifies selling the only "A" was the conversion of preferred to common. So now who do I believe? Absolutely NO ONE.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
posted
yes Cat...He did...Rufus claimed MA "loaned" his shares to someone...Or maybe that just what MA TOLD Rufus? anyone know what the tax advantages would be to sell on the Berlin exchange?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
| IP: Logged |
- Shares claimed to have owned across time = 75,154,780
- Shares claimed to have sold across time = 500,000 ($560,000)
- Shares claimed to have given away across time = 62,720,000 ($5,200,000 + potentially $2-4, more at grey market price of $.05-$.10)
Observations:
1) MA is proving to be a very selfless man. $7+ million to charity/non-affiliates whereas he only banked $500,000 for all of this trouble and years of toiling with Furia/Fronthaul, plus potential legal problems. Of course, I am assuming that surely MA is not dumb enough to try to launder money through a charity with the SEC watching everything so closely.
2) If the Fronthaul/Waatle merger was completed, those 500,000 preferred shares MA claims he converted were cancelled by contract. If MA was actually entitled to convert those prefereed shares to 50,000,000 common, as he claimed and filed he was, then the merger was never completed. If the merger was never completed then what happened to the debt equity he owed the toxic financiers of Fronthaul? He would still owe that, right? If so, why would he give away nearly everything instead of just buying his way out of all of his financial woes from Fronthaul?
3) If MA was Arlitt's top supporter and his guarantor into the driver's seat of CSHD, those days are over. What is stopping an Arlitt overthrow just like was done to Rufus?
Something is amiss with MA and the shares claimed in this filing, as well as yet another shift in his apparent loyalties. I guess it would be really nice to know exactly who benefitted from that charitable money.
4) Where is John Arlitt? Still in Germany? Something stinks.
posted
If I remember correctly, the whole Berlin Exchange trading is part of the SEC investigation. All I remember is that Rufus is the one that brought it to light. I had no idea that shares were being traded there until he mentioned it way back on SPR. He also stated he couldn't figure out how they were doing it since the company never authorized. HMM, I wonder how that happened. Either he is a complete liar and the worst con man ever or there is another explaination. I guess time will tell.
Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
posted
So, i guess my concern would be....how did Rufus know? This either ties back to Rufus or it doesnt. Either he helped with this or all of this was kept from him....and he found out anyway.
posted
Is there any way that these 50000000 shares are the ones that were suppose to be given for the merger and then he turned around and "gave them back to the company" as part of "undoing" the merger??
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
| IP: Logged |
posted
The craziest thing is that Mike when posting as Bodi last week also stated that he was sure the merger would be voided. In that case he has really meesed up. According to FHAL/Furia filings his preferred shares were to be vested over years with the first installment happening in December of last year. Everytime he opens his mouth he inserts foot. Nothing he has stated makes any sense. Of course that fits perfectly with everything else going on. NOTHING MAKES SENSE. This is worse than the keystone cops.
Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by 10of13: Is there any way that these 50000000 shares are the ones that were suppose to be given for the merger and then he turned around and "gave them back to the company" as part of "undoing" the merger??
NO!!! It would have been stated in the Form 4. It also looks as if the converted preferred shares are the only shares he still has.
Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by 10of13: Wally? don't yell at me...LOL
Sorry, didn't mean to. At least not at you. Something just hit me. Wasn't a portion of the Ecowood deal with a NonProfit in South America? Fundacion Amazon or something like that?
Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
posted
Im guessing you are referring to the non-profit org AFTER the Ecowood stuff adn not CEOTA. Anyway, id have to check my PC at home but yes there is something similar to Fundacion Amazon floating around in this memory of mine
Posts: 2308 | From: Michigan | Registered: Jun 2006
| IP: Logged |
posted
What’s up w the filing not having to specify who MA’s shares were received by. Is that typical procedure. I know that if selling of stock is a planned sale it needs to be reported before hand but I would like to know Ms. Black’s opinion as to how this form can be filed after the fact and how the receiving party of such a large portion of the co. doesn’t need to register these shares. Also, looks to me like Mike had to mention the 500,000 share sale to try to save his a**.
HOW many of us would have sold more of our shares than we did if we notice these two transactions? 08/18/2006 500,000 (2) D $ 1.12 09/23/2006 2,000,000 (1) D $ 2.6
That’s probably 30k in cash I would have opted for at that point just based on insider selling. Jenna what do you think now . . . me. . Mike is going down first. The rest wait and see but anyone in the mike tent makes me nervous now!
Posts: 140 | From: CT | Registered: Aug 2006
| IP: Logged |
You are lucky that the Federal Grand Jury Secrecy rules may not apply to those who receive subpoenas -- and only apply to government employees such as the prosecutor, agents and jurors.
However, you may have pi**ed in your post toasties by sending the subpoena to person/s who were not the intended recipients of said property.
I know I wasn't intended to receive the subpoena document you sent to the whole world this morning..
Good luck to ya..................
You boyz really do need to consult with legal counsel --- and soon by the way your goin imo.
On the bottom of the FBI fax cover sheet it says:
WARNING
"Information attached to the cover sheet is U.S. Government Property. If you are not the intended recipient of this information, disclosure, reproduction, distribution, or use of this information is prohibited (18 U.S.C #641). Please notify the originator or the local FBI office immediately to arrange for proper disposition."
Wonder how many people who received the subpoena on the Internet will realize they were not the intended recipient and flood the FBI with calls???
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
TheCon......as far as what do I think? I don't even understand what the heck is going on....so I'm feeling like I'm in a fog.....but it is Wed & it seems Rufus goes on Subpenny on WED.
Quite frankly, I'm tired of this soap opera & I could be taking what little money I have left & could be trying to make my money back.....I'm seriously thinking about it.....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
| IP: Logged |
posted
Now this is another good point why we should get the 6:1 distribution of shares whether we hold still or not, for all the inconvenience we put up with. I wonder if Mike A expects to get some?
Posts: 957 | Registered: Jun 2006
| IP: Logged |
posted
Originally Posted by CaliRaven And for further clarification.........the hedge fund managers in question had a few things to say about RPH and MA. I came away with the following. Bear in mind that while I might agree with part or all of it, it is the summarized statements of others, not necessarily my own opinion or position.
RPH while guilty of many instances of "foot in mouth" and not knowing when to remain quiet, was notactively seeking to perpetrate fraud on anyone. However, his lack of people and managment skills had doomed this merger to failure. This was the primary attraction to this deal for the hedge funds. MA seems to have been more suspect in this than RPH. MA's intention was to convert his shares to cash any way possible and was never a true long (As is now being confirmed by the filings). This in combination with the toxic financing made CSHD a prime target for the hedge funds. They also confirmed the practice of NSS and that CSHD was certainly exploited in such a manner. Additionally, Lee Webb and a few others were mentioned as being indirectly compensated for participating in a ping pong game of bash, then pump and ultimately dump for the specific purpose of manipulating this stock.
Again.....I post this as a summation of what one group of hedge fund manager's related to me in a lunch meeting back in December of 2006.
Posts: 1453 | From: Wisconsin | Registered: Jul 2006
| IP: Logged |
posted
Jenna? i think that Daddo is talking to Dogmondo...who is actually James Gee...
And yes New2..it was intended for James Gee...I have no idea if it was legal or not for that to be posted what that warning means is to simply call if they sent it to the wrong person...BUT? now the fax numbers and phone numbers of this FBI agent are all over the place...that sure can't be a good thing...
MA seems to be covering his a little late... Something sure does smell and I don't think it's the horses!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by new2stocks: Originally Posted by CaliRaven And for further clarification.........the hedge fund managers in question had a few things to say about RPH and MA. I came away with the following. Bear in mind that while I might agree with part or all of it, it is the summarized statements of others, not necessarily my own opinion or position.
RPH while guilty of many instances of "foot in mouth" and not knowing when to remain quiet, was notactively seeking to perpetrate fraud on anyone. However, his lack of people and managment skills had doomed this merger to failure. This was the primary attraction to this deal for the hedge funds. MA seems to have been more suspect in this than RPH. MA's intention was to convert his shares to cash any way possible and was never a true long (As is now being confirmed by the filings). This in combination with the toxic financing made CSHD a prime target for the hedge funds. They also confirmed the practice of NSS and that CSHD was certainly exploited in such a manner. Additionally, Lee Webb and a few others were mentioned as being indirectly compensated for participating in a ping pong game of bash, then pump and ultimately dump for the specific purpose of manipulating this stock.
Again.....I post this as a summation of what one group of hedge fund manager's related to me in a lunch meeting back in December of 2006.
This sums up alot IMO!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
| IP: Logged |
posted
Obviously, we've been had.....Boy, is that the understatement of the year.....I think this may be the end of the road for me folks......unless someone gets to that courthouse within a few days.....
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
| IP: Logged |
quote:Originally posted by new2stocks: wally, James Gee was the intended recipient of the subpoena, no?
Yes he was. The problem is he posted it on the internet for all to see today.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Frown]](frown.gif)
![[Big Grin]](biggrin.gif)
