posted
S:"9 out 10 times when you make that transaction it's in street name.....so what you saying is right on target....so I want to put an order standing that I want everything in cert....."
R:"26 million were on the Nobo,of that 5 million were on the book...the people on the obo list there is no way that the company knows who you are.....that means you are on street name....that's it....5 million...the majority owns air shares.....we have to go by the Nobo list.....who's fault is that? It's for the courts to decided..."
-------------------- ..just remember....Family is EVERYTHING!!
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posted
Well, it appears there was a major blood letting over at HSM. After all of the hype recently i just had to follow it a bit. Its been like a firing squad but actually the targets are jumping in front of the shooter heh
Im guessing after tonight it will be "over" in that part of the CSHD world
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posted
So what Rufus is getting at is we have to kiss his and everybody elses ass just to get half a chance to make money on these horsesh!t shares of cshd.
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posted
S : You know all of these interviews are recorded right?
R : Yea id have to be an idiot not to know that
S : If the SEC contacted me and wanted all of these interviews what do you think i would do?
R : What do you think i would tell you to do?
They agreed Simon would need to comply
--------------------------------
Rufus had warned Simon before to be good with them if they call and BAM Simon got the call from the SEC. Sounds like Simon kind flipped out
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posted
The name is already tracked for the number....David M. Levine
Some legal guy i think...i kinda missed part of it. Called Rufus and claimed to be from Deutche Bank. Then called him again and without asking put him up on an M N 1 interview
posted
Rufus says that the fact that the Euroclear account is there is HUGE....either its very good or its very bad depending on "which side" set the account up
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I just checked in and heard Rufus said that There was never any FHAL financials...with the merger... This has been a problem in my eyes for some time...I even emailed Benson and Rufus back then because I was concerened... I missed the begining of it...so I don't know why they were speaking of it... Also? They have been asking who called the "special meeting" in order to "vote Rufus out? Rufus was the ONLY board member...and it needed to be a board member that "called" the meeting...AND? There are many other reasons that they are speaking of... Rufus IS still the CEO...
Have fun guys...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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quote:Originally posted by 10of13: I just checked in and heard Rufus said that There was never any FHAL financials...with the merger... This has been a problem in my eyes for some time...I even emailed Benson and Rufus back then because I was concerened... I missed the begining of it...so I don't know why they were speaking of it... Also? They have been asking who called the "special meeting" in order to "vote Rufus out? Rufus was the ONLY board member...and it needed to be a board member that "called" the meeting...AND? There are many other reasons that they are speaking of... Rufus IS still the CEO...
posted
From crashdummy * Rufus' new message board:
For those of you who have asked here is what the SHC was doing. CSHD Shareholder Committee Minutes November 22, 2006 Conference Call
The following is an accounting of the CSHD Shareholder Committee meeting, which reconvened from Tuesday, November 21, 2006, and was held between 4:00 p.m., CST and approximately 5:45 p.m., CST on Wednesday, November 22, 2006.
1. Attendees
The following members of the CSHD Shareholder Committee were present: Deleted to protect individuals of harassment.
2. Purpose of Meeting
The purpose of the meeting was to discuss the response received by Mr. Rufus Paul Harris to the Official Request submitted to him by the Shareholder Committee on Tuesday, November 21, 2006. Verbal communication to said request was expected via telephone communication and/or e-mail no later than 10:00 p.m. EST on November 21, 2006, and a written response to said request was due no later than 5:00 p.m. EST today, November 22, 2006.
3. Announcements
Mr. Gee reiterated to the entire panel the severity of breaching anything contained within the Confidentiality Agreements which have been signed by each member. We were advised that any individual who chooses to violate the terms of the Confidentiality Agreement and/or the requests of Mr. Gee in that regard, will definitely be facing litigation.
Mr. Gee announced that Mr. Rufus Paul Harris failed to respond to the Official Request of the Shareholder Committee. No response was received either by phone, fax, mail or e-mail within the specified time allotted for said response.
The Committee was further advised that Mr. Rufus Paul Harris, to date, has failed to submit the PR which was prepared by the Shareholder Committee and submitted to him for delivery to the wire service on November 19, 2006.
The Committee was further advised that Mr. Rufus Paul Harris had not been forthcoming regarding specific sums of money required to move the corporation forward. Specifically, Mr. Rufus Paul Harris, in a previous meeting with the Committee, assured the Committee that the rumors of the corporation being in need of $200,000.00 for attorneys’ fees were false; he further assured the Committee that the funds were available and we had no worries. Mr. Harris indicated that the rumors we were hearing were expected, as he had dropped erroneous information intentionally to certain parties, knowing it would be repeated.
The Committee was further advised that the sum of $200,000.00 is, in fact, required at this time. However, that sum of money is required for the purpose of a swift transaction fee to draw down on a bond. Other bank fees will incur after such time that the bond is drawn down on, but those fees can be distributed from the funds realized from the bond;
The Committee was further advised that Conversion Solutions Holdings, Corp. is not presently represented by legal counsel.
The Committee was further advised that many of the assets situated in Georgia, including the livestock situated on the ranch property at 150 Moore Road in Kingston, Georgia, are probably the property of the CSHD shareholders.
The Committee was further advised that the total sum in the bank account of Conversion Solutions Holdings, Corp. is approximately $16,000.00.
The Committee was further advised that we have a candidate with twenty-four years experience in bonds, who is willing to come on as an officer of the company. The position would probably be that of COO.
The Committee was further advised that the bonds in question are legitimate. It is probable that the working relationship between Mr. Harris and the bond owners has suffered irreparable damage, and those relationships will have to be established with the bond owners and our new CEO. Also, we will be able to acquire brand-new bonds without any problem.
The Committee was further advised that the company has JVs ready to be funded.
The Committee was further advised that Mr. James A. Nofi did not complete an internal audit; in addition, he is still owed money by the company.
The Committee was further advised that other individuals are owed money by the company.
The Committee was further advised that no sum of money has been set aside in escrow for the shareholders, as had been previously indicated by Mr. Harris.
4. Topics of Discussion
• The refusal of Mr. Rufus Paul Harris to communicate with the Shareholder Committee and the effects thereof;
• The need to rescind our initial offer to Mr. Harris whereby he was offered to stay on in some other capacity;
• Whether or not to reconsider allowing Mr. Harris to stay on with the company in the event he were to approach us with sincere apologies and plausible explanations;
• To conduct a formal vote, via notarized commitments from shareholders, for the purposes of (1) Removing Rufus Paul Harris as CEO and Chairman of the Board of Conversion Solutions Holdings Corp. and replacing him with John Arlitt; (2) Appointing Randy Moseley as CFO; and any and all other matters at hand requiring immediate attention;
• The fact that time is of the essence and that we are faced with an incredible number of problems that need to be addressed immediately. We acknowledged our thanks to Mr. Arlitt for his willingness to walk into such an absolute mess, realizing fully that he will require extreme cooperation on the part of all;
• Possible ways to raise the $200,000.00 immediately. We were advised that anyone willing to contribute towards this goal would be providing a shareholder’s loan to the company;
• The immediate need to secure legal counsel. Immediately address the lawsuit currently pending in the United States District Court for the Northern District of Georgia;
• The immediate need to bring all SEC filings up to date;
• The importance of working in compliance with the SEC and not against them;
• The need to replace the Transfer Agent immediately. It was suggested that we go back to Don at Integrity;
• The need to freeze the Transfer Agent from receiving any letters from any attorney for registered stock that can be sold under Regulation “S” from any foreign Country;
• The need to issue a Cease and Desist on Mr. Rufus Paul Harris, restricting him from discussing CSHD via any medium, including, but not limited to radio and internet. We were advised that the Cease and Desist could also include all of his family members and close relations and could restrict him from discussing CSHD privately as well;
• The need to seize all assets that are shown to belong to CSHD, including, but not limited to, any shares that Mr. Rufus Paul Harris may hold in the corporation, and the livestock located on the “ranch” at 150 Moore Road, Kingston, Georgia;
• The need to have all information associated with CSHD, including, but not limited to all files, bank accounts and bank account information, any and all passcodes to Euroclear, all information stored on any computer hard-drive, disk, thumb-drive or any other means of data storage, currently in the possession of Mr. Rufus Paul Harris, turned over immediately;
• Discussion on benefits of relocating the corporate office to Dallas, Texas;
• Expected behavior of any individual on the Committee who is to post on any message board, including, but not limited to: PalTalk, HSM, iHub or *********. We were warned by Mr. Gee as follows: “First off, I’ll tell you, you are going to be doing it at your own risk. So other than ‘Hi,’ ‘How are you?’ and ‘How’s the weather?’, if you say anymore than that, then you’re opening yourself up for something against you.”;
• All members were asked to e-mail Mr. Gee with ideas pertaining to immediate priorities. We discussed the amount of work to be done, and how imperative it is that nothing is overlooked. It was decided that it will be more efficient for Mr. Gee to collect individual thoughts from everyone and compile them into an organized time chart from his end;
• Vote Tally A verbal tally was taken during the meeting of all shareholders committed to voting on all issues discussed. After a final count, it was determined that the Shareholder Committee represented more than the 51% majority required. Discussions were held on the importance of making these votes formal. In that regard, it was decided that all commitments would be made by each individual signing an official commitment, in the presence of a Notary Public, and returning it promptly to Mr. James Gee, Chairman of the Shareholder Committee.
5. Key Decisions
• All voting on immediate issues is to be accomplished in a formal manner. To accomplish this, all shareholders who have pledged their shares to these votes will be required to return to Committee Chairman Gee a signed, notarized copy of their commitment. Said commitments will be attached to these Minutes as evidence thereof.
• Immediate removal of Mr. Rufus Paul Harris, not only as CEO of Conversion Solutions Holdings Corp., but also as Chairman of the Board, and to completely sever all relationships between Mr. Rufus Paul Harris and the corporation.
• Appoint Mr. John Arlitt as CEO and Chairman of the Board of Conversion Solutions Holdings Corp.
• Appoint Mr. Randy Moseley as CFO of Conversion Solutions Holdings Corp.
• Immediately PR the appointments of Mr. Arlitt and Mr. Moseley.
• File an 8K declaring the removal of Mr. Harris and the appointments of Mr. Arlitt and Mr. Moseley.
• Raise a minimum of $200,000.00 for the purpose of paying the swift transfer fees required to draw down on a bond.
• Retain a law firm to represent Conversion Solutions Holdings Corp. in the pending litigation against it in the United States District Court for the Northern District of Georgia, Atlanta Division.
• Bring all filings current with the SEC. . • Draw down on the bond.
• Begin funding JVs as soon as practical.
6. Adjournment
The meeting was adjourned at approximately 5:45 p.m., CST on Wednesday, November 22, 2006.
-------------------- ..just remember....Family is EVERYTHING!!
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[QUOTE=dogman]WE ASKED RUFUS TO PR THIS SO WE COULD DO WHAT HE ASKED BUT HE NEVER DID. WE GAVE HIM PLENTY OF TIME AND WAS TOLD 3 TIMES IT WOULD BE OUT THE FOLLOWING DAY.
As Chairman of the CSHD Shareholders Committee I respectfully request for you to PR the following:
KENNESAW, Ga., Nov. 19 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC: CSHD), a Delaware Corporation, announces the following:
CSHD would like to announce that James Gee has been appointed as Chairman of the CSHD Shareholder Committee by CEO and Chairman of the Board Rufus Paul Harris. During an emergency shareholder committee conference call on Nov. 18 the board of directors of the shareholder committee were appointed for a temporary service period of 30 days. The board members are Patrick Cluney, with 30 years marketing and sales experience and John L Arlitt, Chairman and CEO of Arlitt Financial Corp. These two members were selected by their experience in the financial markets and by their abilities to act on current company issues.
"Due to the immediate business required by the Shareholders Committee, I felt the necessity to appoint the other two members of the shareholders committee on a temporary basis for a period of 30 days. Details of a formal democratic voting process will be announced in the near future. Over the next two days we are updating the web page www.cshdshareholdercommittee.com. By November 21, 2006 we will have a registration page for shareholders who would like to be on the committee. We will collect this information until November 24, 2006 at 5.00pm est." stated James Gee Chairman of the CSHD Shareholders Committee[/QUOTE]
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[QUOTE=dogman]CSHD SHAREHOLDER COMMITTEE OFFICIAL REQUEST
It is the unanimous opinion of the members of The Shareholders Committee that if this stock is continues to trade on the Grey Market for any extended period of time, many of the loyal shareholders you created through representations you made to them will be damaged beyond repair. As you undoubtedly know, there are many people out there suffering financially and upset that their investment in CSHD has plummeted. Understandably, their belief in you and this company has been shaken by the events of the last several months. Quite frankly, they believe that you have let them down. They also struggle to see the light at the end of this tunnel. For these reasons, we believe that immediate action by you is required to provide hope to those shareholders who have stood by you and this company through the recent storm. To that end, and as a way of demonstrating your conviction to an unprecedented loyal shareholder base, The Shareholder Committee hereby formally request that you take immediate action in causing one of the following to occur:
1. that CSHD be rightfully returned to the OTCBB
2. CSHD pay a .30 dividend pre 6:1 for all shareholders
In addition, The Shareholders Committee demands immediate clarification and answers on the following issues:
1. Is the reason that the 10Q was not filed has more to do with the fact that we do not currently have a CFO and thus, would not be in SOX Compliance? If this is not the case, we would like an explanation as to why it would not be in the best interest of the company to trade on the OTCBB for two weeks prior to the stock being halted.
2. Has CSHD actually retained an attorney to represent the company in the SEC case? If so, we hereby request a copy of the executed fee contract. If CSHD has not yet retained an attorney to represent the company in the SEC case, we hereby request that an attorney be retained within the next 24 hours,and that a copy of the executed fee contract be provided to the committee. Additionally, if an attorney has not been retained, we would request verification as to the source of funds CSHD has or will make available to retain the attorney for the company.
3. Will the attorney that you have retained (or will retain in the next 24 hours) write the necessary opinion letter to file the 15c211? If not, we would request a written explanation from the attorney as to why he or she is unwilling or unable to prepare such an opinion letter.
4. What is the status of the internal investigation performed by Attorney James A. Nofi? If Mr. Nofi’s investigation has been completed, we would request that the results of his investigation be documented and provided to the committee within the next seven (7) days.
We further believe that The Shareholder Committee needs more frequent and more effective communication with you, as you are currently the sole member of the board and director of the company.
We would hereby request that a Press Release be given announcing the three board members of The Shareholder Committee. We feel as if we are working in an unofficial capacity at this time. We believe that there are matters that we need to act on immediately, and by doing so without such a Press Release would not be in the best interest of the shareholders. If you accept the unanimous recommendation of The Shareholders Committee in this regard, we believe an immediate Press Release to that effect would be most prudent.
We request a conference call today, November 21, 2006 before 10:00pm EST. Please confirm this via an email to James Gee, Chairman at [email]dogmando*hotmail.com[/email].
The Shareholder Committee requests a response by 5:00pm EST, November 22, 2006.
Please understand that while we, The Shareholders Committee, remain steadfast in our belief of you and all of the principles on which this company is based, we can no longer remain idle while the shareholder base continues to deteriorate. It is in this spirit that the above requests are made.
Respectfully,
James Gee Chairman CSHD Shareholder Committee[/QUOTE]
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Very interesting. My only question is under what right did the shareholders committee have any authority to make ANY of these decisions. Was is a majority of shares owned? Was it on authority from the BODs or the CEO? Who gave them the legal right to do all of this?
-------------------- Muad'Dib knew that every experience carries its lesson.
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quote:Originally posted by unclerudy: Very interesting. My only question is under what right did the shareholders committee have any authority to make ANY of these decisions. Was is a majority of shares owned? Was it on authority from the BODs or the CEO? Who gave them the legal right to do all of this?
That's the Million Dollar question, uncle rudy. THe more I read, the more I thought of The Caine Mutiny and Mutiny on the Bounty. Seems that some people got a bit power crazy. I saw a lot of threats being tossed around as well. It was almost as if they were making sure that the rest of the Shareholders would not find out what they were planning.
posted
In the conference call minutes, who was actually advising the committee on all of this stuff? I'm assuming it was James Gee. Seems like an easy way to promote your own agenda!
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Everything that has been done with this company has been busch league. In my opinion if this was a real deal company it shouldn't have been brought public until it was established and operating. It really doesn't seem like shareholder money was needed to get this off the ground.
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