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Author Topic: CSHD appoints a new CEO...
6digits
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I certainly will agree that I don't see justice in the SEC telling a company that it has to destroy itself to prove validity.
Rufus has wanted to be seen as a fighter. Start fighting the MoFos.

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Bo Gusman
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quote:
Originally posted by CRab:
The most bizarre thing I see...that is absolute...is the fact that THE PUBLIC still doesn't even know what the SEC wants...

Thats right it seems like the SEC should have a site shareholders could be able to see exactly what the company has been asked to do.Instead we have to hear it second hand.If they did that we could make up our minds as to what to do about it.That seems like the best way for the SEC to protect shareholders instead we are kept in the dark.But maybe thats where they want us.

--------------------
That money talks I'll not deny, I heard it once, It said "GOOD BUY"

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Kevin Bailey
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The post from Humble has to be the most creative work of spin-doctoring I've seen on this thread in quite some time ... and THAT'S saying something!

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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thedoctor
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Good morning everyone .... I have a question for the people that have experience in bonds. This makes no sense to me. We have the Euroclear situation where apparently we need Rufus because he is the only one who has the proper code to get at the bond we own. Do the originators of the bond want an incompetent CEO to control this or am I losing my mind over this? OR .... Do we really own this bond? How do we really know? I respect all of the DD that has been done but if Rufus is the only one that can prove its validity, how do we know for sure? This just doesn't add up for me. Up till now, I thought I had a decent brain; but, this is becoming more and more foolish. If we must keep Rufus around because he is the only person to make it all work, something is very wrong with the system. I DO NOT think he is capable of running a company. Is there a way for CSHD to have the courts order him to give our new CEO the codes (if Rufus is the only one that has them)? I believe a court can order that. In his last SPR appearance, I think he said that it would cost us a lot of money for his help. This is the guy who was looking after all of us and had our "backs". I truly believe that our only hope is to take Rufus to court and demand the necessary codes to get and PROVE the Euroclear bond and to keep him away from further damage he is doing to this company.
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Jenna
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I have an idea why doesn't someone call Alana Black & ask her some questions.....ask what they are looking for, what CSHD needs to do to prove ownership of the bond, ask if the current management is cooperating......then maybe things would be clearer.....

Sherri posted a few days ago that she got a letter back from a government official & an attorney from the SEC & that it was quite detailed & only a few people questioned her about it.....maybe some answers are in that letter & if they are willing to answer SHerri's questions I'm sure if someone called they would answer their's too but who knows?

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..just remember....Family is EVERYTHING!!

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Ocqueoc
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quote:
Originally posted by Bo Gusman:
quote:
Originally posted by CRab:
The most bizarre thing I see...that is absolute...is the fact that THE PUBLIC still doesn't even know what the SEC wants...

Thats right it seems like the SEC should have a site shareholders could be able to see exactly what the company has been asked to do.Instead we have to hear it second hand.If they did that we could make up our minds as to what to do about it.That seems like the best way for the SEC to protect shareholders instead we are kept in the dark.But maybe thats where they want us.
Or third or fourth hand , but you can go on the sec's website and try to figure their reasons out,might have to be a lawyer tho.GLTA
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a surfer
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quote:
Originally posted by Bo Gusman:
quote:
Originally posted by CRab:
The most bizarre thing I see...that is absolute...is the fact that THE PUBLIC still doesn't even know what the SEC wants...

Thats right it seems like the SEC should have a site shareholders could be able to see exactly what the company has been asked to do.Instead we have to hear it second hand.If they did that we could make up our minds as to what to do about it.That seems like the best way for the SEC to protect shareholders instead we are kept in the dark.But maybe thats where they want us.
Even after talking to Alana Black I feel in the dark.

Its like a big he said she said.

I have written her several times to try and clear the mysteries.

blacka*sec.gov

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Ocqueoc
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Good morning Jenna {and rest of the board}! Is it cold and snowy for ya? This saga goes on and on , doesn't it? haha not laughing at pps, just better than crying.
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humble
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quote:
Originally posted by Kevin Bailey:
The post from Humble has to be the most creative work of spin-doctoring I've seen on this thread in quite some time ... and THAT'S saying something!

Thank you, Kevin. You would be right except that spin-doctoring involves taking facts and twisting them into a biased delivery. The bottom line is that all we have right now are assumptions and lots of loose ends, no real facts to spin.

I am just having a go at trying to put some practical possibilities out there. This seems to me to be as plausible as the loudly pronounced pump-and-dump via mysterious proxies who can somehow circumvent an SEC/IRS audit. That one had a little Grisham in it, as well.

To each their own opinion.

... In My humble Opinion

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10of13
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I have emailed her also...and no response...
she seems to be willing to "talk" but not email...
[Confused]
quote:
Originally posted by a surfer:
quote:
Originally posted by Bo Gusman:
quote:
Originally posted by CRab:
The most bizarre thing I see...that is absolute...is the fact that THE PUBLIC still doesn't even know what the SEC wants...

Thats right it seems like the SEC should have a site shareholders could be able to see exactly what the company has been asked to do.Instead we have to hear it second hand.If they did that we could make up our minds as to what to do about it.That seems like the best way for the SEC to protect shareholders instead we are kept in the dark.But maybe thats where they want us.
Even after talking to Alana Black I feel in the dark.

Its like a big he said she said.

I have written her several times to try and clear the mysteries.

blacka*sec.gov



--------------------
#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Kevin Bailey
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quote:
Originally posted by humble:
quote:
Originally posted by Kevin Bailey:
The post from Humble has to be the most creative work of spin-doctoring I've seen on this thread in quite some time ... and THAT'S saying something!

Thank you, Kevin. You would be right except that spin-doctoring involves taking facts and twisting them into a biased delivery. The bottom line is that all we have right now are assumptions and lots of loose ends, no real facts to spin.

I am just having a go at trying to put some practical possibilities out there. This seems to me to be as plausible as the loudly pronounced pump-and-dump via mysterious proxies who can somehow circumvent an SEC/IRS audit. That one had a little Grisham in it, as well.

To each their own opinion.

... In My humble Opinion

The story you spun was not plausible in any way. You made it up out of whole cloth. Putting "in my humble opinion" after it doesn't change that. As for my theory, pump-and-dump scams by proxy are done all the time in these type of stocks. They're just a sad fact of life when you trade the OTC pennies.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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Ocqueoc
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Remember Humble, you may ignore anyone on here, including me, lol
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Kevin Bailey
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quote:
Originally posted by Ocqueoc:
Remember Humble, you may ignore anyone on here, including me, lol

Especially people who call BS on BS. It's always important to ignore those people.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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luvforever
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well now do we really think anyone wants to leave a paper trail and get caught???? talk is cheap, as we found out uuuughh!!!!!!!! [Wink]

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Never lookback...

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TaxBack04
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thedoctor ~ I think you are putting too much emphasis on the codes when trying to decipher why the company needs Rufas. If it was just codes then the knowledge transfer would be easy. I do not think this is the case. Here is a story:

A retired engineer received a call from his old boss one day and they said they were having problems with one of the components in sector number four. They asked him if he would help them out in diagnosing the issue, since he had spent a majority of his career building the system. The retired engineer said, “Sure if I can charge you for my time and materials I will be in tomorrow”. The old boss agreed.

The next day the engineer arrived a sector four and walked around with the old boss for an hour and using a big piece of chalk marked a large “X” on one of the components. He then turned to his old boss and said, “OK that will be one hundred thousand dollars”. the boss said, “What? You walked around for an hour, put a giant “X” on that component, and charge me one hundred thousand dollars just like that! Even if that part has to be replaced what am I supposed to tell my superiors? Can you give me an itemized list of your expenses?” The retired engineer said, “Fair enough, hold on a second.” He then proceeded to pull out a little notebook, and pencil, scribbled in it for a second, ripped a sheet from the pad and handed it and the previously used piece of chalk to the old boss.

The shocked boss then read the piece of paper. It said, “ One piece of chalk = $1.00. Knowing where to put the “X” = $99,999.”

This is all speculation but from my observations this is what I saw.

Thing is I believe that the Euroclear account was obtained by Rufas and Ben through their unknown Caracus Group/European contacts. I think the Account was setup in a fashion similar to a loan co-signer. When Mike Alexander became CEO it was priority to get him to Europe to meet the contacts. I think this was like a “giant” credit check in that they needed to meet the new CEO Rufas hand picked to agree to back him. I think the Europe trip did not happen because it did not need too. The contact in Europe was not impressed with something he saw in Mike and Mike was not going to be able to monetize the bonds and gave up his CEO position.

Now enters John Arlitt. He takes control of the company by force and has little backing from Rufas because he could not wait for Rufas to get a shareholder vote together to vote him in. He now has to qualify for this backing with the Caracus Group/European contacts without even knowing who they are and little support from Rufas in the way of introductions. I think Rufas is saying that it will be very difficult for John Arlitt to obtain the backing needed and knowledge of the Euroclear system that He and Ben have developed over the last several years and have right now when the company needs it.

They are the retired engineers in this deal. John may be able to pull it off, he has surprised Rufas so far by getting the SEC filing done, so maybe in effect he has already received the backing of the unknown Caracus Group/European contacts. Like I said before this is one crazy play and from our perspective I do not think we will ever see just what is happening below the surface. Lot’s of speculation here I know, but who on this board is not grasping at straws? The “big” picture is very blurry. GLTA Sorry again for the long post. [Big Grin]

--------------------
Una Mas!

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thedoctor
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quote:
Originally posted by TaxBack04:
thedoctor ~ I think you are putting too much emphasis on the codes when trying to decipher why the company needs Rufas. If it was just codes then the knowledge transfer would be easy. I do not think this is the case. Here is a story:

A retired engineer received a call from his old boss one day and they said they were having problems with one of the components in sector number four. They asked him if he would help them out in diagnosing the issue, since he had spent a majority of his career building the system. The retired engineer said, “Sure if I can charge you for my time and materials I will be in tomorrow”. The old boss agreed.

The next day the engineer arrived a sector four and walked around with the old boss for an hour and using a big piece of chalk marked a large “X” on one of the components. He then turned to his old boss and said, “OK that will be one hundred thousand dollars”. the boss said, “What? You walked around for an hour, put a giant “X” on that component, and charge me one hundred thousand dollars just like that! Even if that part has to be replaced what am I supposed to tell my superiors? Can you give me an itemized list of your expenses?” The retired engineer said, “Fair enough, hold on a second.” He then proceeded to pull out a little notebook, and pencil, scribbled in it for a second, ripped a sheet from the pad and handed it and the previously used piece of chalk to the old boss.

The shocked boss then read the piece of paper. It said, “ One piece of chalk = $1.00. Knowing where to put the “X” = $99,999.”

This is all speculation but from my observations this is what I saw.

Thing is I believe that the Euroclear account was obtained by Rufas and Ben through their unknown Caracus Group/European contacts. I think the Account was setup in a fashion similar to a loan co-signer. When Mike Alexander became CEO it was priority to get him to Europe to meet the contacts. I think this was like a “giant” credit check in that they needed to meet the new CEO Rufas hand picked to agree to back him. I think the Europe trip did not happen because it did not need too. The contact in Europe was not impressed with something he saw in Mike and Mike was not going to be able to monetize the bonds and gave up his CEO position.

Now enters John Arlitt. He takes control of the company by force and has little backing from Rufas because he could not wait for Rufas to get a shareholder vote together to vote him in. He now has to qualify for this backing with the Caracus Group/European contacts without even knowing who they are and little support from Rufas in the way of introductions. I think Rufas is saying that it will be very difficult for John Arlitt to obtain the backing needed and knowledge of the Euroclear system that He and Ben have developed over the last several years and have right now when the company needs it.

They are the retired engineers in this deal. John may be able to pull it off, he has surprised Rufas so far by getting the SEC filing done, so maybe in effect he has already received the backing of the unknown Caracus Group/European contacts. Like I said before this is one crazy play and from our perspective I do not think we will ever see just what is happening below the surface. Lot’s of speculation here I know, but who on this board is not grasping at straws? The “big” picture is very blurry. GLTA Sorry again for the long post. [Big Grin]

Tax ...... Thanks for your ideas. They are always appreciated. [Smile]
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trade04
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IMO..rufus needs to pull down on a small bond, do his time, and thats it....he deserves to do time, imagine how much money hes cost people! imagine the handful of people who put all they had into cshd.....because of these huge promises
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humble
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quote:
Originally posted by Ocqueoc:
Remember Humble, you may ignore anyone on here, including me, lol

Of course I made that exchange up - I thought that was pretty obvious. In the absence of any updates or facts the last several days worth of posts have been banter and assumptions.

All possibilities on the table right now are in play as far as I am concerned, which necessarily makes everything plausible. Anyone who claims to be able to draw a conclusion as to where this company stands right now is grasping at the same smoke as the rest of us, only with a somewhat more closed mind.

If my mind were made up as to the future and that future was bleak I would liquidate and move on. At this point, there are a lot of questions that deserve an answer. For me, this thing could break either way as the story continues to write itself.

And besides, the banter of every opinion is what makes public forums like this interesting.

... In My humble opinion

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Igor R
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quote:
Originally posted by trade04:
IMO..rufus needs to pull down on a small bond, do his time, and thats it....he deserves to do time, imagine how much money hes cost people! imagine the handful of people who put all they had into cshd.....because of these huge promises

Rufus may have made some huge promises, but as i recall, he never told anyone to put their life savings, mortgages, second mortgages, daughters, wives or husbands [Big Grin] , into this stock. Anyone who did that is just a plain idiotl
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TaxBack04
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I just think if it was just the "codes" then this would be done. Rufus is and always has acted IMO like a person who is answering to someone else. Someone larger is pulling the strings, and it gives Rufus confidence having this person's or group's backing.

To the point in fact that he even acts arrogant in the face of Federal Law. I would love to see his phone records. I would bet he has a very large International bill.

Once again speculation, but it is better than reading Kevin's spin all day. He is a tireless savior of the people. "BS on BS" LOL!

--------------------
Una Mas!

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cassity
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quote:
Originally posted by TaxBack04:
thedoctor ~ I think you are putting too much emphasis on the codes when trying to decipher why the company needs Rufas. If it was just codes then the knowledge transfer would be easy. I do not think this is the case. Here is a story:

A retired engineer received a call from his old boss one day and they said they were having problems with one of the components in sector number four. They asked him if he would help them out in diagnosing the issue, since he had spent a majority of his career building the system. The retired engineer said, “Sure if I can charge you for my time and materials I will be in tomorrow”. The old boss agreed.

The next day the engineer arrived a sector four and walked around with the old boss for an hour and using a big piece of chalk marked a large “X” on one of the components. He then turned to his old boss and said, “OK that will be one hundred thousand dollars”. the boss said, “What? You walked around for an hour, put a giant “X” on that component, and charge me one hundred thousand dollars just like that! Even if that part has to be replaced what am I supposed to tell my superiors? Can you give me an itemized list of your expenses?” The retired engineer said, “Fair enough, hold on a second.” He then proceeded to pull out a little notebook, and pencil, scribbled in it for a second, ripped a sheet from the pad and handed it and the previously used piece of chalk to the old boss.

The shocked boss then read the piece of paper. It said, “ One piece of chalk = $1.00. Knowing where to put the “X” = $99,999.”

This is all speculation but from my observations this is what I saw.

Thing is I believe that the Euroclear account was obtained by Rufas and Ben through their unknown Caracus Group/European contacts. I think the Account was setup in a fashion similar to a loan co-signer. When Mike Alexander became CEO it was priority to get him to Europe to meet the contacts. I think this was like a “giant” credit check in that they needed to meet the new CEO Rufas hand picked to agree to back him. I think the Europe trip did not happen because it did not need too. The contact in Europe was not impressed with something he saw in Mike and Mike was not going to be able to monetize the bonds and gave up his CEO position.

Now enters John Arlitt. He takes control of the company by force and has little backing from Rufas because he could not wait for Rufas to get a shareholder vote together to vote him in. He now has to qualify for this backing with the Caracus Group/European contacts without even knowing who they are and little support from Rufas in the way of introductions. I think Rufas is saying that it will be very difficult for John Arlitt to obtain the backing needed and knowledge of the Euroclear system that He and Ben have developed over the last several years and have right now when the company needs it.

They are the retired engineers in this deal. John may be able to pull it off, he has surprised Rufas so far by getting the SEC filing done, so maybe in effect he has already received the backing of the unknown Caracus Group/European contacts. Like I said before this is one crazy play and from our perspective I do not think we will ever see just what is happening below the surface. Lot’s of speculation here I know, but who on this board is not grasping at straws? The “big” picture is very blurry. GLTA Sorry again for the long post. [Big Grin]

Well I agree with your post Tax, but IMO I think Rufus should be doing everything in his power to make sure this COMPANY succeeds. I don't care how John became CEO, what pisses me off is Rufus is acting like a 2 yr old. He has done a lot of dumb-ass stuff and made a lot of promises that he hasn't fulfilled. I hope John continues to take care of business and I hope both of them keep the SHAREHOLDERS interest in mind. I don't think that John is naive to the Euroclear system. JMHO
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6digits
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Where is the News about 3 SEC attorneys are run over by a garbage truck, loaded in and carried away while entering an Atlanta court building. Thats what i'd like to know.
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TaxBack04
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Cassity ~ agreed... but everyone gets their feelings hurt. I think Rufas was a bit blind sided by John, and I am not so sure Rufas was also blind sided by his contacts.

So he is reacting like anyone else who gets forced out of the game or benched by the coach. They get mad and claim that the coach was stupid and the team can't win without them, in hopes of being right and let back in.

In all reality it is about the team and the game. let's just hope he is not selfdestructive enough to take the whole team down with him, and let's hope he starts helping out again by doing what he can. He is a star player, and a key shareholder even today. It is just time for him to spend a bit of time on the bench and let some others run the offense for a while.

Anyone else miffed that one of our major shareholders, and most vocal board players turned out to be owner of a financial institution, with key CEO experience? Coincidence?

--------------------
Una Mas!

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Stockstar69
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quote:
Originally posted by Stockstar69:
quote:
Originally posted by SherriT:
Is anyone trying to trade this?

I'm still waiting for .20 to kick in my buy. No Luck but it's at .21 now. Common! %#**it [Eek!]
FINALLY! And my mighty 2500 share buy at .20 each required 2 seperate transactions. Oh, and yes, now the price is at .17. [Roll Eyes]

Now we just need some good news or a PR. I think it is being proven that the SEC is hunting snipe and hasn't really been able to find anything.

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Stockstar69
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quote:
Originally posted by 6digits:
Where is the News about 3 SEC attorneys are run over by a garbage truck, loaded in and carried away while entering an Atlanta court building. Thats what i'd like to know.

Don't forget about the 4th SEC attourney who was seen chasing the ambulance as it left the seen. [Big Grin]

Let the black helicopters come after me!

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Jenna
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Good post, Cass......

Think about this - Rufus' lack of a lawyer already has put the company in default, and his FURTHER lack of a lawyer would have made the default unanswered for good resulting in the SEC taking over the company - ask yourself was that Rufus' plan...? Why? I say thank high heaven that the SHC recommended that he be removed because he was heading the company right into SEC receivership....We should all be thanking the SHC & the 51% of the shareholders (whoever they are)for what they have done...It seems like Rufus wanted this over for some reason...Why? Did he feel that if it went into receivership he would be off the hook somehow? Then he could go back & sue the SEC? I have no idea...but I think somehow this will come to an end soon one way or the other...I'm holding out just to see how far John can take it.....

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..just remember....Family is EVERYTHING!!

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10of13
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[Eek!] Not miffed...but very curious...

quote:
Originally posted by TaxBack04:

Anyone else miffed that one of our major shareholders, and most vocal board players turned out to be owner of a financial institution, with key CEO experience? Coincidence?



--------------------
#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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6digits
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I thought there was only 3. Maybe the 4th fell into the gutter drain. Washed away with the rest of the $hit.
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6digits
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OK, I had my fun back to business.
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Jenna
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I want to know what people think Rufus' plan was?

I think it is laughable that John is made out to be a "highjacker"....I believe we will be thanking him....

SO I ask what was Rufus' plan- where was the lawyer?

Oh that's right he's still in Europe on vacation....but I thought that he had many on retainer? Oh, wait he's looking for his "bulldog"...but he met with a lawyer on some Monday afternoon about 3 weeks ago..I thought he liked him...Why didn't he retain him? Oh, wait he doesn't need one...he has friends in high places & they are going to come swooping down any minute and save him from the court system....yeah I guess he doesn't need a lawyer even though the judge told him he needed one- What does the judge know anyway? He's only the judge.....

So what was Rufus' plan? Anybody know? Can anybody answer this?

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..just remember....Family is EVERYTHING!!

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a surfer
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quote:
Originally posted by Jenna:
I want to know what people think Rufus' plan was?

I think it is laughable that John is made out to be a "highjacker"....I believe we will be thanking him....

SO I ask what was Rufus' plan- where was the lawyer?

Oh that's right he's still in Europe on vacation....but I thought that he had many on retainer? Oh, wait he's looking for his "bulldog"...but he met with a lawyer on some Monday afternoon about 3 weeks ago..I thought he liked him...Why didn't he retain him? Oh, wait he doesn't need one...he has friends in high places & they are going to come swooping down any minute and save him from the court system....yeah I guess he doesn't need a lawyer even though the judge told him he needed one- What does the judge know anyway? He's only the judge.....

So what was Rufus' plan? Anybody know? Can anybody answer this?

My only comment Jenna is that for some unexplained reason Rufus wanted/wants to drag this thing out.

I think he feels that in due time all the questions will answer themselves.

I don't quite understand the buying of time in this case but I believe he has a reason for it.

In the mean time we wait.....

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6digits
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Jenna, what Rufus is actually doing is anybodies guess as far as i'm concerned. He does'nt seem to want any one to have solid facts about anything lately, his remarks are so contradictory.
The big powers in the background theory seems weak. I don't see or hear much being donee to end the bottleneck in moving along here.
To me the whole thing is a mystery.
One thing that seems to have a lot of evidence is Rufus is breaking his rule of treating this stock with the pennystock mentality, where he seems to be holding onto it loosely, versus fighting nail and tooth to prove it. Thats my best shot at it.

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10of13
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I didn't get the feeling fron the SPR that Rufus was "mad/upset" with John becoming CEO...I'm not sure that Rufus wanted it anymore...
I got the feeling that the anger and disappointment from Rufus was directed at the SHC...a group put in place by him and at his request...
John could very well be the best choice for this mess...Does anyone know if John ever made it to the states yet?

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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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10of13
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Big powers in the background? Big connections? Anyone remember where that "rumor" came from?
I do remember that Rufus said that he had investors once this was at $5...
BUT the 'big connections to powerful people??? He didn't state that..anyone recall who did?
Tax...do you remember?

quote:
Originally posted by 6digits:
Jenna, what Rufus is actually doing is anybodies guess as far as i'm concerned. He does'nt seem to want any one to have solid facts about anything lately, his remarks are so contradictory.
The big powers in the background theory seems weak. I don't see or hear much being donee to end the bottleneck in moving along here.
To me the whole thing is a mystery.
One thing that seems to have a lot of evidence is Rufus is breaking his rule of treating this stock with the pennystock mentality, where he seems to be holding onto it loosely, versus fighting nail and tooth to prove it. Thats my best shot at it.



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#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

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Jenna
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10- I hope that's the case- I hope he wasn't mad at John because we really need them to work together- I think Surfer said that the other day that would be the best possible senario......

This whole thing is so bizzare....

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..just remember....Family is EVERYTHING!!

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