quote:Originally posted by Spookyswife: Rufus was on SPR last night, most of the speculation is based of of it. SPR is playing the end of the replay right now (after Rufus), it should be restarting in 30 mins or so.
can you quickly sum up what he said?
With Rufus, nothing is ever quick...the long and short (no pun intended) is that Rufus seems angry that John is running the ship, says that the takeover was illegal, and said he won't be able to execute without himself (Rufie) and Ben, but he will have to pay for it to the tune of 500K. Also admitted (I think) monkeying with the website like we witnessed....anything critical I forgot gang?
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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The section I found particularly interesting is the discussion of emerging bond markets (pgs 43-46).
Of particular note: - The Euro has emerged as a major international reserve currency - Local bond markets are the chief means of investing in emerging markets by institutional and individual investors - to the tune of $3.5 trillion as of Sept, 2005. - Emerging market bond issuances are concentrated; 69% of all issuances originate in ten countries, two of which are Brazil and Venezuela, with Brazil topping the list of all latin american countries.
It's always good to keep an eye on the expanded view. Since 2002 the emerging market for bonds has been growing exponentially. Someone's got to act as the transactional middle man to facilitate all of this money changing hands. $3.5 trillion... let's shoot for a small piece of that pie.
... In My humble Opinion
Posts: 150 | From: None | Registered: Jul 2006
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posted
Im confused. I was just searching around looking for anything that sticks out and i came across that new place PurlGurl hangs out. I decided to read a few things and I got this cold lonely feeling.
Are there really people out there that find enjoyment in spending countless hours investigating and posting about stocks they DONT WANT? I guess I have some guesses at what types of personality those people but in general they just seem very lonely.
Its a myth to me
Posts: 2308 | From: Michigan | Registered: Jun 2006
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quote:Originally posted by TexasMoney: How soon we forget …
It wasn’t that long ago that we listened to RPH on subpennyradio.com, shouting, “You’ve grabbed the wrong tiger by the tail”.
Once asked on SPR if he had a lawyer on retainer, he responded, “Yes, I have several” and elaborated that his primary attorney could not attend the first SEC hearing “because the lawyer was vacationing in Italy.”
Last night when asked if he had a lawyer on retainer, he responded, “No”.
A few weeks ago, he claimed to be on the hunt for a “bulldog” of a lawyer because we were “going on the offensive”.
When asked about the possibility of returning to the market on grey sheets, he responded “no way”.
When questioned about the possibility of a default judgment being entered he said, “We’ve signed the injunction, no further response is needed – that won’t happen”.
When asked two weeks before the 10Q due date, will the 10Q be filed on time, he answered, “absolutely”.
When asked two weeks before the 10Q due date, will the 10Q be audited, he answered, “yes it will”.
After taking back, control of the company, that same night Rufus claimed, “Our ducks are lined up” and now its time to move forward. Just two days passed, and the SEC, due to CSHD’s failure to respond, entered the default judgment.
This is a very short list of “breaches of fiduciary responsibility” over a short period; however, Rufus would have you believe that it is the SEC, NSS, DTCC, Transfer Agent, and Shareholder Committee’s fault.
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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posted
portman - any chance we could see something like an update on the shareholder committee? Or maybe even confirmation that you are in fact the new Chairman as most people believe?
Lots of people tired of sitting in the dark lately, which was part of the reason the SHC was formed was it not?
BTW, this is Spooky, I just happen to be on my wife's system today.
Posts: 13 | From: Denver | Registered: Nov 2006
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posted
Has anyone called the law office and confirm they are working with CSHD? Also has anyone DD the law firm, and see how many presitigious cases they have worked on?
Posts: 6266 | Registered: Jun 2004
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posted
Thanks for the updates, you guys are the best! I'm off to the drug store to pick up 4 Rx's for sick kids. I'll check back in tomorrow.
Posts: 551 | From: FL | Registered: Apr 2006
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posted
So much could be said.. but? 'tis the season so I shall refrain
quote:Originally posted by Mr. CATIAEngineer: Im confused. I was just searching around looking for anything that sticks out and i came across that new place PurlGurl hangs out. I decided to read a few things and I got this cold lonely feeling.
Are there really people out there that find enjoyment in spending countless hours investigating and posting about stocks they DONT WANT? I guess I have some guesses at what types of personality those people but in general they just seem very lonely.
Its a myth to me
-------------------- #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
Taken from the MPR Source homepage, our new investor relations company:
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That's not our style. With MPR Source, you'll work with experienced PR professionals with a minimum of 10 years experience in marketing, journalism and/or communications. We don't hammer-fit existing employees, simply because they have bandwidth. And, we won't waste your time or money on junior staff.
-------------------- 'The rewards for those that persevere, far exceed the pain that must proceed the victory!' Posts: 399 | From: leeds, england | Registered: Jul 2006
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'Maybe your company has been too quiet, too long'.
-------------------- 'The rewards for those that persevere, far exceed the pain that must proceed the victory!' Posts: 399 | From: leeds, england | Registered: Jul 2006
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quote:Originally posted by CRab: I posed this question last night...another we don't have an answer to...
What does the SEC consider "proof" beyond a shadow of a doubt that nothing fraudulent has occured? How can we obtain said "proof" and make them happy?
No one has ever answered these questions...and I'm dying to know the answer...
Maybe the SEC will be happy when the shorts have covered. Rufus alluded on SPR to the fact that they were screaming FRAUD even if he pulled the bonds. Even with an attorney they could run this investigation as long as they see fit. IMHO
Yeah, because everyone knows the friggin' SEC is in league with those evil shorters ...
Serious question for this group of speculators:
Do you all actually believe that the only problems this company has are the "shorters" and the evil SEC?
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
Rufus didn’t need a PR firm; he needed Microsoft Word with spell check enabled, a Priest, a psychologist, and a soul – not necessarily in that order.
quote:Originally posted by fhalyesss: Made me laugh!!!
'Maybe your company has been too quiet, too long'.
Posts: 386 | From: Plano, TX | Registered: Oct 2006
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quote:Originally posted by CRab: I posed this question last night...another we don't have an answer to...
What does the SEC consider "proof" beyond a shadow of a doubt that nothing fraudulent has occured? How can we obtain said "proof" and make them happy?
No one has ever answered these questions...and I'm dying to know the answer...
Maybe the SEC will be happy when the shorts have covered. Rufus alluded on SPR to the fact that they were screaming FRAUD even if he pulled the bonds. Even with an attorney they could run this investigation as long as they see fit. IMHO
Yeah, because everyone knows the friggin' SEC is in league with those evil shorters ...
Serious question for this group of speculators:
Do you all actually believe that the only problems this company has are the "shorters" and the evil SEC?
quote:Originally posted by CRab: I posed this question last night...another we don't have an answer to...
What does the SEC consider "proof" beyond a shadow of a doubt that nothing fraudulent has occured? How can we obtain said "proof" and make them happy?
No one has ever answered these questions...and I'm dying to know the answer...
Maybe the SEC will be happy when the shorts have covered. Rufus alluded on SPR to the fact that they were screaming FRAUD even if he pulled the bonds. Even with an attorney they could run this investigation as long as they see fit. IMHO
Yeah, because everyone knows the friggin' SEC is in league with those evil shorters ...
Serious question for this group of speculators:
Do you all actually believe that the only problems this company has are the "shorters" and the evil SEC?
Kevin, sooo gooood to see you!!!
Are you going to answer my question?
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
quote:Originally posted by Kevin Bailey: Yeah, because everyone knows the friggin' SEC is in league with those evil shorters ...
Serious question for this group of speculators:
Do you all actually believe that the only problems this company has are the "shorters" and the evil SEC?
Not the ONLY things...BUT? A portion... AND? If you had really followed this from the begining? You would understand... this has been a great learning stock...even seasoned traders have learned a thing or 2...
The "play" is pretty much over...so the interest in that for you is not there...BUT? you may find it interesting to go back to the original merger agreement...and "read" what has happened and all that transpired... quite a story...quite alot of information to be read and learned...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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It sounds to me as if many of you were trying to make a fundamentals-based, long-term play, in a company who's leading characters (always the most important "fundamenta") were a bit shady, at best. While it's a learning experience for sure, I'm not certain how much I would benefit. I've communicated the specifics of my concerns with the technical apsects of this stock privately with a few different people. As that's basically ALL I trade on (execution of 5-20 day plays), I'm not certain how much I could learn for my system by studying this stock further. However, if you have links handy, please post them, as I have some free time tonight, and I never mind learning something new.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
I will admit to being quite surprised at being asked to serve in this capacity. I would like to again thank James for his tireless and consistent effort to begin this process. He has worked in the best interest of every shareholder. Please be sure to let him know when you see him around.
I am appreciative to those who believe I can help the organization achieve it's mandate to represent shareholder interests. There is a great deal to accomplish in a very short time. As the weeks go by I intend to keep shareholders informed via this website. Please check back often to see what is new. It is my hope that in about a week or so we can email all registered shareholders the confirmation email and allow them access to their account to update and validate their information.
All appointed members of this committee are temporary. It is my goal in the next few months to implement the required infrastructure that will permit an organized nomination and voting process for the representatives of the Shareholder Executive Board. Additionally, I would like to see the ability to vote on motions that the shareholders may want to have the Executive Board place as a request to the company.
Please have the courtesy to be patient with us through this process. The people here are working on their own time free of charge to the committee. There are many people beyond me working to get this off the ground and they have already and will continue to put in countless and often thankless hours.
I would like to say a few things about what the committee will and will not be as we move forward.
The Shareholder Committee is a means for minority shareholders to gain better and easier access to the company.
As a member of the Shareholder Committee you do not proxy or otherwise give up your rights to vote your stock to the Executive Board of the Shareholder Committee. All privileges afforded to your shares remain in your control at all times.
The Shareholder Committee is not a means to get inside information about the company that other shareholders do not have.
The Shareholder Committee will help shareholders resolving stock issues with the company.
The Shareholder Committee will not run the company.
The Shareholder Committee does not share or otherwise distribute member information.
This list can and will change based on the needs of the member shareholders.
I would like to extend my thanks to those people who are supporting not only me but the very concept of this committee. This committee has no greater mandate than to address concerns of the minority shareholders and to facilitate communicating those concerns to the company.
Sincerely,
Mark Porterfield
Chairman CSHD Shareholder Committee
Posts: 386 | From: Plano, TX | Registered: Oct 2006
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posted
BTW, in my opinion, the SEC isn't part of the problem at all. Rather, they're like the old-time canaries in the mineshaft. They're only there to alert people that something's HORRIBLY wrong with a stock, and that would certainly seem to be the case with this one.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
Thanks for taking time to provide everyone an update. I can tell you put a lot of thought into your update and we look forward to hearing more from you.
Thanks again!
Posts: 386 | From: Plano, TX | Registered: Oct 2006
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posted
Ah, I see. Strange that--if I remember right--you seemed to be one who was attacking me for being, shall we say, "less than positive" on this stock. I don't have a real rooting interest, one way or the other, except that I like to see people make money in the markets, and this stock is a bit <cough, cough> past it's prime, you might say.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
BTW, I agree about Portman. We've discussed the technicals of this stock privately, and he seems to have his head screwed on straight, which is more than can be said about guys like Rufus.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
Not wanting to start the cycle over...but? IMO...you were "harsh" a few times when you came in the thread a couple of weeks or so back... BUT? Let's leave that in the past... keep the criticism with the stock and not the posters or their interests...and all stays good IMO... So...the past is in the past...always move forward!
quote:Originally posted by Kevin Bailey: Ah, I see. Strange that--if I remember right--you seemed to be one who was attacking me for being, shall we say, "less than positive" on this stock. I don't have a real rooting interest, one way or the other, except that I like to see people make money in the markets, and this stock is a bit <cough, cough> past it's prime, you might say.
-------------------- #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: Not wanting to start the cycle over...but? IMO...you were "harsh" a few times when you came in the thread a couple of weeks or so back... BUT? Let's leave that in the past... keep the criticism with the stock and not the posters or their interests...and all stays good IMO... So...the past is in the past...always move forward!
quote:Originally posted by Kevin Bailey: Ah, I see. Strange that--if I remember right--you seemed to be one who was attacking me for being, shall we say, "less than positive" on this stock. I don't have a real rooting interest, one way or the other, except that I like to see people make money in the markets, and this stock is a bit <cough, cough> past it's prime, you might say.
..many stocks around here are past their prime, I 'm sure we could all name a few.. thats par for coarse.
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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