quote:Originally posted by Mr. CATIAEngineer: Ahhh finnnnnnnally something Tay was involved in thats trading!! At some time along the line he was a director, vice president and secretary of Legend International Holdings, Inc (LGDI). Their line of business? Diamond mining!
quote:Originally posted by betting babe: rufus said that he learned about the rule 386 in a class... didnt he? ~BB
Babe, I could be wrong but Rufus has stated over and over that he has learned everything via the internet. I believe he also stated that he learned of this rule via the internet. I could be wrong but that is the best of my recollection. ************************************************** The above was a direct answer to Babe. Below is in reference to board discussion.
Well it's Deja Vu all over again. William Tay.
Unless Rufus was being foxy at the time, he stated that had had very little contact with William or than the Conversion Solutions acquisition which was owned by William Tay.
I'll have to go back but if I remember correctly William Tay didn't have anything to do with Songwi or Wattle, those were Rufus and Ben's babies.
Please correct me if I'm wrong.
GLTA Wally
Wally, they may have been Rufus and Bens babies but Tay was the majority shareholder
Tay was the majority shareholder of Conversion Solutions. I don't remember his name being involved with Wattle or Songwi for that matter.
According to my research, Tay has started many companies and then sold them through mergers and Reverse Mergers. He steps aside and goes onto the next project. I'd have to go back but I believe that Babe found some other companies that William Tay had been involved with and that are still being traded on the market. I can't remember which ones they are right now but the information is in the old threads.
I'm not sure how much involvement Tay has or had once the sale of Conversion Solutions was final.
quote:Originally posted by St. Matthew: I just want to say that I am so proud of this board...what a great group of people who do excellent DD...better than anywhere.
St.Matt, I second that! {I'm sorry I don't dd much} so I am talking about everyone else. good job.
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posted
I just want to say that this is like going back a few months, when everyone here was working together and trying to get as much information as possible. There was no name calling or fighting just mind provoking questions and answers that spawned more questions and answers. I just wish one of us had been a medium and foreseen the future. Would have saved a lot of us a lot of headaches and such.
If we are going to hypothasize, then. It's not a huge reach that people in the same industry are acquanted, even though they may not have worked in the same company.
Yet, John seems to be more active in the Canadian ventures and Tay in the U.S.
quote:Originally posted by wallymac: I just want to say that this is like going back a few months, when everyone here was working together and trying to get as much information as possible. There was no name calling or fighting just mind provoking questions and answers that spawned more questions and answers. I just wish one of us had been a medium and foreseen the future. Would have saved a lot of us a lot of headaches and such.
GLTA Wally
Got to second that also! I am know as mainly a lurker, but I sure have missed our board from before.
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posted
Dude...the black helecopters are going to come get you if you keep going.
quote:Originally posted by Mr. CATIAEngineer: Ok sooooo since we are gettin jiggy wit' it ill throw this scenario out......
Tay has money and was interested in doing "something" with it so he opened a "blank check" company and advertised by filing a 10q. Rufus saw it and took him up on the deal...agreeing to be Tays puppet. Tay then funds Songwi Trust and Waatle...both of which Rufus and Ben get credit for co-founding. Tay then has them merge Songwi and Waatle into Conversion solutions leaving a real trail of 2 false companies merging into a new company Conversion solutions. During that time Tay resigns of any officer duties but stays on as a majority shareholder and instructs Rufus to find that perfect shell company to finish whatever "project" it is he is working on. They DD for some time and find Fronthaul going bankrupt but with contracts and heavily shorted and for whatever reason thats the perfect shell. Now what....
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
If we are going to hypothasize, then. It's not a huge reach that people in the same industry are acquanted, even though they may not have worked in the same company.
Yet, John seems to be more active in the Canadian ventures and Tay in the U.S.
NEW YORK -- Legend International Holdings Inc, (OTCBB:LGDI), a Delaware Corporation, announced today that it will focus its exploration endeavors towards diamonds, through acquisition of existing diamond exploration projects or through greenfield exploration targets. Exploration will focus on countries with known diamond occurrences including Australia, Canada and South Africa
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quote:Originally posted by frank021474: k i am burried is theories- best thing is to step away and come back in the morning. To much mythical crazy behind the curtain players......
Good night all-
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
posted
Take it from someone with experience in energy and mining stocks...they all know each other. They usually hop around quit a bit. Always looking for the latest greatest deal to ride...and then sell.
quote:Originally posted by wallymac:
quote:Originally posted by TaxBack04: Here is Arlitt's mining experience LGDI is not on the list.
If we are going to hypothasize, then. It's not a huge reach that people in the same industry are acquanted, even though they may not have worked in the same company.
Yet, John seems to be more active in the Canadian ventures and Tay in the U.S.
GLTA Wally
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
posted
Kinda like Mike Alexander is now...weird...who else has that many shares...Tut, William Tay?
quote:Originally posted by Mr. CATIAEngineer:
quote:Originally posted by wallymac:
quote:Originally posted by betting babe: rufus said that he learned about the rule 386 in a class... didnt he? ~BB
Babe, I could be wrong but Rufus has stated over and over that he has learned everything via the internet. I believe he also stated that he learned of this rule via the internet. I could be wrong but that is the best of my recollection. ************************************************** The above was a direct answer to Babe. Below is in reference to board discussion.
Well it's Deja Vu all over again. William Tay.
Unless Rufus was being foxy at the time, he stated that had had very little contact with William or than the Conversion Solutions acquisition which was owned by William Tay.
I'll have to go back but if I remember correctly William Tay didn't have anything to do with Songwi or Wattle, those were Rufus and Ben's babies.
Please correct me if I'm wrong.
GLTA Wally
Wally, they may have been Rufus and Bens babies but Tay was the majority shareholder
-------------------- "If you go the Extra Mile there will be no Traffic Jams".
quote:Originally posted by wallymac: I'd have to go back but I believe that Babe found some other companies that William Tay had been involved with and that are still being traded on the market. I can't remember which ones they are right now but the information is in the old threads.
I'm not sure how much involvement Tay has or had once the sale of Conversion Solutions was final.
posted
Well, its lookin like ive got me some spyware issues going on here, or cable is freakin out. Its getting quite late anyway so gnight ya'all
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quote:Originally posted by St. Matthew: Take it from someone with experience in energy and mining stocks...they all know each other. They usually hop around quit a bit. Always looking for the latest greatest deal to ride...and then sell.
quote:Originally posted by wallymac:
quote:Originally posted by TaxBack04: Here is Arlitt's mining experience LGDI is not on the list.
If we are going to hypothasize, then. It's not a huge reach that people in the same industry are acquanted, even though they may not have worked in the same company.
Yet, John seems to be more active in the Canadian ventures and Tay in the U.S.
quote:Originally posted by St. Matthew: Take it from someone with experience in energy and mining stocks...they all know each other. They usually hop around quit a bit. Always looking for the latest greatest deal to ride...and then sell.
quote:Originally posted by wallymac:
quote:Originally posted by TaxBack04: Here is Arlitt's mining experience LGDI is not on the list.
If we are going to hypothasize, then. It's not a huge reach that people in the same industry are acquanted, even though they may not have worked in the same company.
Yet, John seems to be more active in the Canadian ventures and Tay in the U.S.
posted
Hi all, nice speculation on William Tay tonight. I hope something comes of it.
Anyway, not to bring an old subject up but does anybody have any idea on what would happen during a default judgement? I don't have a legal background, so would appreciate any help finding links or sources that would have the info.
From that definition, it seems that default wouldn't equal the end of the world for CSHD as some have suggested. The judge seems to have the final say in what the penalties for CSHD would be if the default judgement were to come to completion. Some have said that the SEC takes over the company...does anybody have a link or source where I could verify this? I think a lot of people have come to conclusions without totally understanding the default judgement (I sure am).
The last sentence jumps out at me: "A defendant who fails to file an answer or other legal response when it is due can request that the default be set aside, but must show a legitimate excuse and a good defense to the lawsuit." Would a NOBO list/cert recall (as ConCarne from HSM suggests) be the 'legitimate excuse' or 'good defense' that Rufus would've used?
My personal opinion is that the Rufus bashing is illogical. If people are calling Rufus a liar and a conman, how can they defend that the bonds are real or that the company is worth anything? Have you heard the man talk? He KNOWS his stuff. I think he's still key to CSHD. Remember, he wanted the stock halted after the 10 day SEC suspension...SEC said no.
Don't get me wrong. I'm not anti-SHC or Arlitt... I'm sceptical about them, that's all. Just because somebody believes they're doing the right thing, it doesn't mean they actually are. For example, look at Iraq. Are we really doing better now than before? Maybe maybe not... My point, please don't be so hasty to judge RPH when he's done so much already.
Anyway, I could be way off, but I'm just hoping we all still make it through this okay.
default judgment n. if a defendant in a lawsuit fails to respond to a complaint in the time set by law (usually 30 days), then the plaintiff (suer) can request that the default (failure) be entered into the court record by the clerk, which gives the plaintiff the right to get a default judgment. If the complaint was for a specific amount of money owed on a note, other money due, or a specific contract price (or if the amount due is easy to calculate) then the clerk of the court can enter a default judgment. If proof of damages or other relief is necessary, a hearing will be held in which the judge determines terms of the default judgment. In either case the defendant cannot speak for himself/herself. A defendant who fails to file an answer or other legal response when it is due can request that the default be set aside, but must show a legitimate excuse and a good defense to the lawsuit.
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posted
Well I have cross referenced the complete of the William Tay companies against Arlitt's last name and have found no connection. Just FYI.
No visible tie to John or Arlitt financial. I will point out that several of the companies are Canadian. And I did locate a cool Edgar link on William Tay... Didn't look to see if it had already been posted or not. here you go.
Anyway, first off this morning I want to add to the Tay stuff. Last night it appeared that CSHD might be "special" for Tay. Well, the link below takes some of that away for me. Maybe CSHD was just another private company for Tay......
posted
Morning guys and girls. My thing that I think back to is with the audited 10K. Is there any reason that the auditor is not on any of the complaints? Wouldn't it make sense that the CPA that did the audit would have professional interest in this whole thing, and should be on the suit if he falsified anything in the financials? Or at least be party to investigation? Can someone who has had luck talking with Alana Black try asking her about the audited financials? Just a thought.
-------------------- Muad'Dib knew that every experience carries its lesson.
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quote:Originally posted by unclerudy: Morning guys and girls. My thing that I think back to is with the audited 10K. Is there any reason that the auditor is not on any of the complaints? Wouldn't it make sense that the CPA that did the audit would have professional interest in this whole thing, and should be on the suit if he falsified anything in the financials? Or at least be party to investigation? Can someone who has had luck talking with Alana Black try asking her about the audited financials? Just a thought.
Good morning ... I have a call into her. She was out of the office and wouldn't return until possibly later today.
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quote:Originally posted by Mr. CATIAEngineer: Good morning board!
I didnt get enough sleep!! LOL
Anyway, first off this morning I want to add to the Tay stuff. Last night it appeared that CSHD might be "special" for Tay. Well, the link below takes some of that away for me. Maybe CSHD was just another private company for Tay...... Good morning check this out
quote:Originally posted by Mr. CATIAEngineer: Good morning board!
I didnt get enough sleep!! LOL
Anyway, first off this morning I want to add to the Tay stuff. Last night it appeared that CSHD might be "special" for Tay. Well, the link below takes some of that away for me. Maybe CSHD was just another private company for Tay...... Opps Good morning check this out
quote:Originally posted by unclerudy: Morning guys and girls. My thing that I think back to is with the audited 10K. Is there any reason that the auditor is not on any of the complaints? Wouldn't it make sense that the CPA that did the audit would have professional interest in this whole thing, and should be on the suit if he falsified anything in the financials? Or at least be party to investigation? Can someone who has had luck talking with Alana Black try asking her about the audited financials? Just a thought.
i personally beleive that daryl horton and thomas benson both cpa's should be held professionally responsible if they falsified any of the financials on the 10-Q or otherwise. the aicpa has a peer review committee but we have to wait and see what the sec says about the financials before it is turned over to the peer review committee.
btw good discussion and dd last night. just what this board is noted for !
-------------------- I'm from Missouri - Show Me!
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posted
Ya'll are forgetting that if a company makes up documents and numbers and feeds them to a CPA, there is nothing the CPA can do and is not held responsible...
When an audit is completed it says all of this in the report...as long as the auditor made an effort to prove the validity of the information given...he/she is in the clear...
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posted
Has anyone done a search on John Arlitt in google using groop search there is some interesting things there in newsgroups like misc.invest.canada Check it out
-------------------- That money talks I'll not deny, I heard it once, It said "GOOD BUY"
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