quote:Originally posted by madmoney: my general rule has become NEVER to post varifiable NEGATIVE DD during a run because supporters and or pumpers will ALWAYS refer to sutch posts as bashing!!
That is a pretty stupid rule. The key word there is "verifiable"... I think all I or anyone has ever asked was provide a creditable source. A link to someone who is attached to the company, hasn't been sued for stock manipulation in the past, or if it were not so much trouble a filing with a financial, legal, or government body. Saying "Lee Webb said so" or "Tim Miles said so" is like saying "I got this great opinion from this really biased source. Wanna hear it?"
Personally, I do not remember calling you a "sad little man" but it does sound like me. So for that I will say I am sorry. I honestly do not know your disposition, or physical size... but if you have "verifiable" information "Bad" or "Good" post it, PM it, or keep it to yourself it is no matter.
If any of the information was out there other than the public Missouri information on Brown, and it did not show up on this board earlier, do not expect to be able to say "I told you so." because in effect no one other than Webb has posted any information on HWSF's financial histories that was not positive.
That's silly, Tax...we had much of the same much info here, in early threads...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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Tex ~ I have been here... I am sure I would have remembered a discussion on the three bankruptcies filed by Cason in a single year, and the Banks repoing his property.
Reading Webb's so-called article this was NEW information to me. I had all but written off Canaday and Sakili because of their pasts, but Cason checked out and even looked to be the shiny element in the HWSF deal.
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I don't know how these guys like Harris and Arlitt can keep so friggin quiet. They have to know that people want to know if this stock still has a heartbeat. As far as I'm concerned Rufus should have gave a formal explanation what his problem was or is to prove the bonds. He acts like he needs an offer he can't refuse just to communicate to the shareholders. And all this throwing his hands up at the issue does'nt look good either.
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Did anyone ever question where Mike Alexander got the money to buy controlling interest in Ecowood?
Also, i posted this earlier but it still concerns me.
From the Ecowood PR
"“We have begun negotiating with Conversion Solutions Holdings Corp (OTCBB: CSHD) for the management of our assets to make the most of this opportunity."
I know we bounce back and forth with "is it a JV or not?" but by this statement it looks to be NOT. So, if CSHDs assets turn out to be a problem and Ecowood has a real contract but is still a private company that means everyone that invested in FHAL for the log contract just lost it when Mike left.
Honestly? Thats the #1 question id like answered. If anyone knows the SHC please see if they can sort out where our log contract is.
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quote:Originally posted by T e x: Well, apparently they had that PIPE financing, but I don't remember how much was actually received (ie, reported as received)...
Offhand, I can't even remember what it is exactly that Alexander claims to own, that is, what it is that constitutes the Ecowood deal.
Well originally the deal was recovering logs from 100 mile stretch of the Amazon river but that letter of intent was with CEOTA. Now it seems with Ecowood he has a larger claim as well as a titanium deposit. In the PR he names "Fundamazon Fundacao De Preservacao Da Floresta Amazonica" as Ecowoods sister company and it is INCLUDED in the purchase of the Ecowood.
Anyway, i googled the Brazilian name above and i did find a Portugese site referencing some sort of licenses listing " ECOWOOD RECUPERADORA DE TORAS SUBMERSAS LTDA" as a company match. It roughly translates to "Ecowood recovering sumbersed trees LTD". Not sure what the license was for though and it appears to have expired in 2000.
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ya, the common denominator with CEOTA, I believe, was/is Mosely (sp?). Seems to me, "Ecowood" itself predates, perhaps under another name...saw that mentioned, elsewhere...
"expired license": ya, I would look closely at all particulars before deciding Alexander actually has the bona fides...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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SEC Charges Hedge Fund Executive With Naked Short-Selling
14:26 EST Tuesday, December 12, 2006
WASHINGTON -(Dow Jones)- Federal regulators sued a Dallas-based hedge-fund manager Tuesday, alleging he pulled in more than $6.5 million of gains through illegal trading involving "naked" short sales of dozens of companies.
Edwin Buchanan Lyon IV, the managing partner and chief investment officer of Gryphon Partners LP, was charged by the Securities and Exchange Commission on Tuesday, along with Gryphon and six other related firms based in Texas and Bermuda.
According to the SEC's complaint, filed in federal district court in Manhattan, from 2001 to 2004, Gryphon would engage in "naked" short sales, typically through Canada, after agreeing to invest in PIPE deals, which are private investments in public equity.
The SEC also charged Gryphon with trading on inside information on at least four PIPE deals, involving Celsion Corp. (CLN), Gentner Communications Corp., Manufacturers Service Limited and PhotoMedex Inc. (PHMD), by selling their shares short ahead of public announcement of the stock offerings.
Short selling, which involves sales of borrowed shares in hopes of replacing them later at a lower price, is legal. So-called "naked" short selling occurs when the short seller doesn't borrow shares before selling them, a practice that was legal in Canada at the time.
The SEC claimed Lyon and Gryphon engaged in deceptive sales involving at least 35 companies that sought PIPE financing, after telling those firms that the hedge fund wouldn't sell or transfer the shares it acquired through the PIPE deals. The companies included Guilford Pharmaceuticals Inc., IntelliData Technologies Inc. and Heartland Oil & Gas Corp. (HOGC).
The SEC is seeking to have Lyon and Gryphon return their allegedly ill-gotten gains, with interest, and pay civil penalties.
Ralph Ferrara, a Washington, D.C., attorney who represents the defendants, was traveling and couldn't be reached immediately for comment.
- By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns* dowjones.com
many people say that writing letters to your congressperson and senators is tilting at windmills, but it's working....
whenever someone gives me a hard time about this? i just assume they work for one of the groups doing it... of course? i could be wrong... it is just an assumption....
there are a few other cases moving into the system now too...
Nice post Glass.I know that I have learned alot about stocks from this experiance.
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Are my eyes deceiving me? A PR during regular business hours? I think that they need to rename the Shareholder Meeting to "Bagholder Meeting" though.
It's cancelled - That's just great, now I have no excuse not to go to my in-laws lame azz Christmas get-together. Maybe I'll be fortunate enough to get the flu by Sunday.
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