posted
Whoa ... Let me clarify myself. I completely trust and respect the SHC. I think they have our interests at heart. I also believe in John . My problem is that I don't believe in Rufus. I believed in him for quite some time but his actions since the entry of the SEC investigation are to me VERY suspect. In fact several of my associates that are corporate lawyers look at this and every one of them shake their heads and say it smells of a scam. It was just not being addressed properly by Rufus. I am going to stay in this till the end. I really care about everyone here and it is extremely upsetting to see what's happened to our company. We can hope for a miracle and if it doesn't come go after Rufus. I believed him till just recently.
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quote:Originally posted by CRab: A class action lawsuit just isn't worthwhile until we know FOR CERTAIN...that this is a total scam...until then...it just doesn't make sense...that would be like watching a M. Night Shyamalan movie and turning it off with twenty minutes to go...
You are right .... just thinking ahead a bit.
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quote:Originally posted by thedoctor: Whoa ... Let me clarify myself. I completely trust and respect the SHC. I think they have our interests at heart. I also believe in John . My problem is that I don't believe in Rufus. I believed in him for quite some time but his actions since the entry of the SEC investigation are to me VERY suspect. In fact several of my associates that are corporate lawyers look at this and every one of them shake their heads and say it smells of a scam. It was just not being addressed properly by Rufus. I am going to stay in this till the end. I really care about everyone here and it is extremely upsetting to see what's happened to our company. We can hope for a miracle and if it doesn't come ..... go after Rufus. I believed him till just recently.
quote:Originally posted by thedoctor: Does anyone here have Alana Black's phone number? I am going to try to call in one of my favors to get the answers as to what is really needed with our case. I am not even sure that legally they can tell us.I can see that lots of people here are just as frustrated as I am and we definitely need some answers. Once we get them and they aren't given to the SEC, we need to go in a very different direction. I will never be convinced that the SEC is at war with CSHD. This may make several of you upset but I just don't believe that the SEC is trying to screw us. I think John is trying to pull us out of this problem but I hope that it is not an impossible task. We may have to consider a class action law suite in the near future. Very near future.
Alana Black 1-404-842-7678 blacka*sec.gov
William P. Hicks 1-404-842-7635 Hicksw*SEC.gov
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posted
PORTMAN, can you get our new CEO to disclose to us whether or not the bonds are legit and quit the screwing around guessing game. We all put up money to know what this company is about and has to offer. I think this is a legitimate request. Thank you much. Your mailbox is full.
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quote:Originally posted by 6digits: PORTMAN, can you get our new CEO to disclose to us whether or not the bonds are legit and quit the screwing around guessing game. We all put up money to know what this company is about and has to offer. I think this is a legitimate request. Thank you much. Your mailbox is full.
posted
a watch'n & a wait'n ... as long as Rufus and all have "got shares" it stands to reason people will come together for a beneficial outcome, IMO.
-------------------- ... make you're decisions only on you're own DD ...
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posted
Hey I did a little bit more DD on the ICE (theice.com)company we uncovered in all of this decided it looked pretty good (a little pricey as well) up 7% and growing today. It would be nice if this Atlanta connection really had something to do with CSHD.
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quote:Originally posted by 6digits: PORTMAN, can you get our new CEO to disclose to us whether or not the bonds are legit and quit the screwing around guessing game. We all put up money to know what this company is about and has to offer. I think this is a legitimate request. Thank you much. Your mailbox is full.
posted
Hey Doc, i look at it like this. If Rufus was a simple (or complex) conman then Arlitt and the SHC would have nothing to work with right? Did Rufus make some mistakes in regards to the SEC investigation and possibly countless other activities? Maybe so, its hard to say being on the outside looking in. But, if we start calling Rufus a conman then i feel we may be denying the foundation our company is built on, and thats verrrry bad IMO.
I feel your frustration and i hope....reeeeeallly hope that Rufus is not a conman but a guy thats not cut out to be a CEO and got in WAY over his head with the SEC. Its possible, I suppose, that Rufus Paul Harris himself may have grabbed the wrong tiger by the tail.
As the days go by it seems that im just gonna have to get comfy with the idea of Tut running the show with our SHC supporting him in his role.
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quote:Originally posted by Mr. CATIAEngineer: Hey Doc, i look at it like this. If Rufus was a simple (or complex) conman then Arlitt and the SHC would have nothing to work with right? Did Rufus make some mistakes in regards to the SEC investigation and possibly countless other activities? Maybe so, its hard to say being on the outside looking in. But, if we start calling Rufus a conman then i feel we may be denying the foundation our company is built on, and thats verrrry bad IMO.
I feel your frustration and i hope....reeeeeallly hope that Rufus is not a conman but a guy thats not cut out to be a CEO and got in WAY over his head with the SEC. Its possible, I suppose, that Rufus Paul Harris himself may have grabbed the wrong tiger by the tail.
As the days go by it seems that im just gonna have to get comfy with the idea of Tut running the show with our SHC supporting him in his role.
posted
"The more I look, the more troubled I get," said Grassley, who also chairs the Senate Finance Committee
keep sending your letters to the Senate and the House...
remember: it doesn't matter WHO is naked short-selling...
the fact is? it's being done and there is no excuse for it...
everybody has a theory about who does it, but the bottom line is that it can only be stopped if people tell their elected officials they want something done to stop it...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
I'm not a stock guy, i'm into real estate but here is my pathetic shot at addind some DD to this thread instead of making fun of my boys Kevy and Jmoe. You DD guys might think its absurd or you mightmake something out of, all a shot in the dark so here you go.
Rufie said figure out why the shares of CSHD are in the Euroclear account and you will find all your answers. Here are some thoughts.
Back in the FHAL/CVSU/ and early CSHD days Rufie said they were buying up all the float. No idea how much that was but it was probably alot. Now the date on the Euroclear for submitting those shares was Oct 9th about a week before that Oct 16th deadline for the 6:1 announcement. He said that the shares would be submitted early Nov. Now if the bonds were real and the company had to prove 200 million in assests to pull money from the bonds then they could use the shares as assests. If you look at the stock price in and around the 9th it was about $2-2.40 i think. If the amount of shares submitted to Euroclear was 100 million or so (which is where my scenario might not work because I don't know if they had that many) then they could prove the 200 million in assests and be free to pull from those bonds to subsidize all the JVs rufie was bragging about. Now the SEC comes in right before the share exchange for 6:1 and shuts it down. This tanks the stock on the greys, leaves rufie and the gang with no shares and no way to pull them from Euroclear because now they can't prove the 200 million. The SEC says prove it but they can't because they don't have the assests now. This saves all the naked shorts courtesy of the SEC and leaves rufie with nothing. He can't hypothecate because he doesn't have the assests to pull from the bonds which is what we all want to see. But since the share price plunged the assests aren't woth anything close to 200 million. The SEC can now say fraud, perfect timing from them. If the SEC doesn't step in Rufie has the 200 million, can prove ownership by drawing from them, price goes up, 6:1 gets fulfilled, shorts are definitely screwed. Don't know if I have a leg to stand on here with this info but some of you DD aholics might make something out of this. Just a shot in the dark.
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posted
Interesting idea stinks, but I think you've mis-read the $200 million thing. From what I've read, the 200 million is an upfront deal to get a Euroclear account and I'm pretty sure we had the Euroclear account long before they put those shares in there. Also, I don't think the 200 million is needed to draw on the bonds (for the above reason).
You do bring up an interesting thought on where these shares came from though. What if they are the float that has been bought up? I'm afraid that Rufus might have just thrown that little tidpbit about "all the answers" out there and the only meaning the shares on Euroclear has is to prove that we have an account.
nothing there, and no signs that the motion to default was answered. if they answered it, why no press release? it will be there and on pacer in a couple of days so that truth will come out too.
-------------------- I'm from Missouri - Show Me!
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