quote:Originally posted by milliam: Tex, There's no doubt that "hope" got a lot of people in trouble on this one. But at this time, I don't see why we can't have "hope" now that we're mixed up in this.
Gosh, Milliam...
I'm not saying you can or can't... Obviously, that's not up to me...or anybody else.
Such choices are very personal. I guess all I'm saying is, we can agree "emotion" is *not* a good indicator for entering a trade. Therefore, I can't make an argument for emotion keeping me *in* a trade.
For true, I have significant amounts tied up in dead trades, dating back to when I first started. The way I look at it, I "trickle" 'em out into my tax returns: I'm *not* waiting on a miracle.
If we get a miracle now and then, great!
But it's not something one can count on, in my experience.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
Thanks Jenna!!! And Mr.C I shouldn't admit this, but an hour ago I went on H?M just to see what was being said (I need a shower LOL) I read that I missed some excitement today over there so now I can go check it out. Thanks again.
QUOTE]Originally posted by Jenna: You are all set over there Stock Momma!! [/QUOTE]
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posted
Whats the excitement on ch2? I tried following on hsm, but its hard, theres like 50 new posts everytime I look, and theyre all useless.
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I just called the floyd county court clerk. rufus was a no show for the hearing on the 4th, and a warrant for his arrest was issued. There is a bond hearing on the 8th of feb, 08. I have to wonder now if the illegal eviction was nothing more than a ruse to cover for his choosing to be a fugitive.
You may all pat 30west on the back and cheer/laugh loudly while taunting the few remaining hopesters.
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posted
No surprise there ...... what I am suprised about is the misdemeanor DUI charge . I would figure they would upgrade it to a felony since its not his first one .
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quote:Originally posted by thesource: No surprise there ...... what I am suprised about is the misdemeanor DUI charge . I would figure they would upgrade it to a felony since its not his first one .
apparently, there's now a bench warrant out...looks like Harris was a no-show.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:Originally posted by T e x: Dabbs with a different outfit, now...PRXT, I think
Yep. Just found the PR.
Press Release Source: Proxity Inc.
Proxity, Inc. Announces Letter of Intent to Merge With Proxity Financial Group, Inc. Thursday October 25, 2:22 pm ET
NEW ORLEANS, LA--(MARKET WIRE)--Oct 25, 2007 -- Proxity, Inc. (Other OTC:PRXT.PK - News), announced today that it has entered into a letter of intent to merge with Proxity Financial Group, Inc., (PFGI) a newly formed Delaware corporation. Proxity Financial Group, Inc. was formed in anticipation of this merger and there is no prior affiliation between the companies. PFGI, a project funding and acquisitions company, partners with project owners, through the creation of Joint Ventures, to bring capital projects to completion. PFGI has entered into Letters of Intent for such projects that will bring significant collateralized assets into the PFGI portfolio.
ADVERTISEMENT
The terms of the agreement call for Proxity, Inc. to affect an 80 to 1 reverse split and issue 96,250,000 new shares to PFGI. Additional conditions are that PFGI, at the time of Closing, provide a statement of valuation in the new company per Balance Sheet calculation using one of the following three methods: (1) Discounted Forecasted Revenues, (2) Earnings Before Interest, Depreciation and Taxation ("EBITDA") or (3) Assets Net of Short Term Liabilities. Definition of these terms is provided under the guidelines of United States Generally Accepted Accounting Guidelines ("GAAP"). The minimum acceptable valuation to complete this merger is $200,000,000. The current management and Board of Proxity, Inc. will resign, however Billy Robinson will stay on as the interim CFO and will receive stock options and shares under a vesting schedule.
The recently announced distribution of shares of Cyber Defense Systems, Inc. (CYDF) and the proposed spin out of Techsphere Systems International Systems, Inc. will go forward as planned. Proxity Electronic Commerce System, Inc. will be evaluated to determine if additional funds will be invested and or the company will be sold at a later date.
Sabra Dabbs, the Founder, Chief Executive Officer, and Chairman of Proxity Financial Group said, "This is an exciting time for the shareholders of both Proxity Financial Group and Proxity, Inc. We have assembled an outstanding team of senior professionals that allows us to engage with project owners and move selected projects from the drawing board to reality. We have already entered into Letters of Intent with seven owners of high profile projects both in the U.S., and internationally and anticipate that this number will increase in the very near future."
"The Proxity shareholders have been very loyal and patient with the progress of the company. The proposed distributions and announced merger when approved by the shareholders should reward them for their wait. I am very please to offer this opportunity to our shareholders." Stated Billy Robinson, CEO.
About Proxity Financial Group, Inc. (PFGI)
PFGI, a project funding and acquisitions company, specializes in providing equity capital and financial, strategic, and operational expertise to assist owners and management teams in providing liquidity for shareholders, making strategic acquisitions, and financing major capital expenditures or growth programs.
The primary requirement is that each project or acquisition has Equity, Collateral Assets, or current revenue streams that facilitate such funding through one or more sources. PFGI primary sources of funding include (but are not limited) to the following:
-- Partnering with Local, State, National, or International Government Development agencies relating to the issuance of Investment Grade Industrial Revenue Bonds -- Secondary Offerings of Common Stock -- Origination of Investment Grade Corporate Bonds -- Capital provided by Joint Venture or Third Party Sources
PFGI utilizes an extensive network of U.S. and International Banks to facilitate the complex process of monetizing these financing instruments and will use its unique position as both the financing organization and majority owner of the projects to provide outstanding potential for its shareholders.
About Proxity
Proxity, Inc. (Other OTC:PRXT.PK - News) is a developmental holding company specializing in the deployment and marketing of security protection technology and government contract fulfillment. Proxity formed Proxity Electronic Commerce Systems, LLC and owns approximately 35%. The company also owns and controls approximately 15,300,000 shares of Cyber Defense Systems, Inc. (OTC BB:CYDF.OB - News). Proxity seeks to acquire and develop both internet based business opportunities and security technology. The Company plans to enter into developmental, teaming and exclusive and nonexclusive marketing and distribution agreements with products developed for Government, commercial, military and homeland defense areas. http://www.proxity.com.
About Proxity Electronic Commerce Systems, LLC (Proxity-EC)
Proxity-EC was founded in 2005 with the goal of becoming the leader in providing information systems dealing with Government logistics databases and vendor awareness of business opportunities in selling both to the Government as well as industry. The founders of Proxity-EC, developers of the PECS Database, are the originators of the current systems of logistics used by industry and the Military including FEDLOGS, Haystack and the ILI Logicom parts database.
The PECS Database provides information on 12 million parts, their suppliers, Government specs and standards as well as non-Government standards, which are linked from the database to the cited standards. The system also provides an alert service on sales opportunities to the Government's 400,000 contractors as well as requisite data used by the Military. For more on Proxity-EC, go to: http://www.proxity-ec.com/
Forward-Looking Statements:
This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and those actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
Contact:
Proxity, Inc. Billy Robinson, 504-722-7402 billy*proxity.com
Proxity Financial Group, Inc. 3455 Peachtree Road NE, 5th Floor Atlanta, GA 30326 (404) 995-7009 shareholders*proxityfinancial.com
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over 200% fri source .....come on... I heard it's going to $15 or was it $51 hmmm or was it $104.
Obviously someone is trying to pump this over on IHUB . I got a 2 week ban last night for calling her a lying <unt and anyone in that stock should get the hell out while they could .
I guess they didn't like that or something ????
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posted
From a 10-QSB filing for CYBER DEFENSE SYSTEMS, INC.:
NOTE 5- NOTES PAYABLE
On March 15, 2006, the Company entered into a Securities Purchase Agreement, dated as of March 14, 2006 with AJW Partners, LLC, AJW Offshore, Ltd., AJW Qualified Partners, LLC, and New Millennium Capital Partners II, LLC ("AJW") whereby the Company authorized the sale of an aggregate of $2,000,000 of 6% Callable Secured Convertible Notes and warrants to purchase 2,000,000 shares of common stock for a total offering price of $2,000,000. The $2,000,000 is to be funded in three tranches ($1,000,000 on March 15, 2006, $500,000 upon filing a Registration Statement and $500,000 upon effectiveness of the Registration Statement). The conversion price is the lesser of $3.00 or 55% of the average of the lowest three intra-day trading prices for the Company's common stock during the 20 trading days immediately preceding the conversion date.
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quote:Originally posted by milliam: From a 10-QSB filing for CYBER DEFENSE SYSTEMS, INC.:
NOTE 5- NOTES PAYABLE
On March 15, 2006, the Company entered into a Securities Purchase Agreement, dated as of March 14, 2006 with AJW Partners, LLC, AJW Offshore, Ltd., AJW Qualified Partners, LLC, and New Millennium Capital Partners II, LLC ("AJW") whereby the Company authorized the sale of an aggregate of $2,000,000 of 6% Callable Secured Convertible Notes and warrants to purchase 2,000,000 shares of common stock for a total offering price of $2,000,000. The $2,000,000 is to be funded in three tranches ($1,000,000 on March 15, 2006, $500,000 upon filing a Registration Statement and $500,000 upon effectiveness of the Registration Statement). The conversion price is the lesser of $3.00 or 55% of the average of the lowest three intra-day trading prices for the Company's common stock during the 20 trading days immediately preceding the conversion date.
posted
I know last time that Mike Alexander said he didn't understand what was happening when his stock pps kept falling, but Sabra has to know the deal. I have a feeling Mike did too. Who knows.
Seems like the SEC could at least crack down on this crap that keeps taking money from us common folk.
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The big question Milliam is.....can the SEC reach those people?
Everyone seems to be moving on like business as usual...everyone except RPH of course. People can hate the man because he "lost your money" or whatever but why and how is it that Sabra is seemingly hip deep in the same toxic financiers that MA was? It appears to me like some sort of cycle....one of which RPH is obviously not a part of IMO
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quote:Originally posted by Mr. CATIAEngineer: The big question Milliam is.....can the SEC reach those people?
Everyone seems to be moving on like business as usual...everyone except RPH of course. People can hate the man because he "lost your money" or whatever but why and how is it that Sabra is seemingly hip deep in the same toxic financiers that MA was? It appears to me like some sort of cycle....one of which RPH is obviously not a part of IMO
Sabra and Mike screwed Rufus and they are on to screwing the next guy. Oh and Rufus did a good job screwing himself too.
quote:Originally posted by T e x: what makes RPH "separate" ? How is he somehow "arm's length"?
I see this idea advanced elsewhere, and don't get it...
In fact, a good question seems to be: where is RPH?
I consider him seperate because although everyone else is out trying to pick up where they left off RPH is still communicating with the shareholders. Some people may not be satisfied with what he has to say but it is indeed interesting IMO. Although, RPH is fighting alone because he chose to....he said himself that he signed everything so no one else was liable once the SEC stepped in, or something along those lines.
Im anxious to see why he chose to do that....win or lose, im curious.
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posted
It might very well be true that Dufus was the victim amongst the crooks but he still made promises and guarantees that he could not keep . I personally don't think he's even close to being innocent in the matter . I think all of them were involved , some were just in deeper than others .
I know one thing , I mouthed off on IHUB about Sabra and they banned my azz instantly . No warning or anything .......
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quote:Originally posted by thesource: It might very well be true that Dufus was the victim amongst the crooks but he still made promises and guarantees that he could not keep . I personally don't think he's even close to being innocent in the matter . I think all of them were involved , some were just in deeper than others .
I know one thing , I mouthed off on IHUB about Sabra and they banned my azz instantly . No warning or anything .......
Im VERY interested to see where Sabra winds up. Especially since she brought MA and RPH together. They either worked Rufus over or Rufus "let" them.....theres a big difference there and a lot of money is riding on it.
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quote:Originally posted by thesource: It might very well be true that Dufus was the victim amongst the crooks but he still made promises and guarantees that he could not keep . I personally don't think he's even close to being innocent in the matter . I think all of them were involved , some were just in deeper than others .
I know one thing , I mouthed off on IHUB about Sabra and they banned my azz instantly . No warning or anything .......
Im VERY interested to see where Sabra winds up. Especially since she brought MA and RPH together. They either worked Rufus over or Rufus "let" them.....theres a big difference there and a lot of money is riding on it.
another lil sumpin' sumpin I missed, Mr. CE...
how did Dabbs "bring together" RPH & MA?
Particularly interesting to me, cuz one PR I saw on the new play mentioned her background with "billions" worth of financials...maybe even said bonds...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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(1) All parties involved are guilty . (includes all officers of the company and former officers with ties to this crap.) (2) Rufus knew the bonds didn't belong to the company and forged the documents and signed the signatures of the Ven gov. but gambled on the fact that the ownership of the bonds could not be verified one way or the other. (3) Rufus deliberately misinformed the share holders and the general public of the facts with the intent to run the PPS and force a short covering . (4) Rufus is probably a complusive liar , possible bipolar , a drunk and is always the victim . (5) Friends and family members of the officers and former officers made some serious cash on this POS at our expense . (6) Tut a.k.a. John A. is a jackazz . (7) And last but not least , the SEC will probably do nothing on this craptastic stock for a very long time while all the other rats start up new scams and screw over a whole new group of suckers .
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quote:Originally posted by thesource: It might very well be true that Dufus was the victim amongst the crooks but he still made promises and guarantees that he could not keep . I personally don't think he's even close to being innocent in the matter . I think all of them were involved , some were just in deeper than others .
I know one thing , I mouthed off on IHUB about Sabra and they banned my azz instantly . No warning or anything .......
Im VERY interested to see where Sabra winds up. Especially since she brought MA and RPH together. They either worked Rufus over or Rufus "let" them.....theres a big difference there and a lot of money is riding on it.
another lil sumpin' sumpin I missed, Mr. CE...
how did Dabbs "bring together" RPH & MA?
Particularly interesting to me, cuz one PR I saw on the new play mentioned her background with "billions" worth of financials...maybe even said bonds...
Tex I don't know the exact "how" of it but Rufus did mention on SPR that Dabbs brought the 2 together. Rufus also stated that Dabbs was the one getting the "business deals" for CSHD.
As I understood she was the one striking up the big players.
She had the connections with these mysterious heavy hitters.
I am really curious to see what comes of their new venture/scam...
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quote:Originally posted by T e x: no... have no idea. Am pretty sure he lost some interviews during that stretch.
Whether anybody else recorded them, I have no way to verify.
I didn't record them but remember that Sabra and Mike Alexander had know each other for a long time prior to Sabra being introduced to Rufus and being brought aboard. I believe this was stated during the interview with Mike, Rufus and Sabra on the show and that Mike was Drunk of his Azz that night.
As far as the bonds, Sabra had nothing to do with the Venezuelan bonds but was the one that brought in the bonds that came after that. The ones from Canady and Salki.
When I saw the Address of Peachtree St on the PR from SABRA's new company, it seemed to be very familiar but I don't remember if it was because of CSHD or Canady's Scientific Humanitarian Foundation.
What is a bit interesting is when you look at the major players here:
Mike bought a company and attempted a failed merger with the same water logs.
Sabra has a company attempting a Reverse merger in the well let's use her words and see how it mirrors a lot of what was CSHD PFGI, a project funding and acquisitions company, specializes in providing equity capital and financial, strategic, and operational expertise to assist owners and management teams in providing liquidity for shareholders, making strategic acquisitions, and financing major capital expenditures or growth programs.
The primary requirement is that each project or acquisition has Equity, Collateral Assets, or current revenue streams that facilitate such funding through one or more sources. PFGI primary sources of funding include (but are not limited) to the following:
-- Partnering with Local, State, National, or International Government Development agencies relating to the issuance of Investment Grade Industrial Revenue Bonds -- Secondary Offerings of Common Stock -- Origination of Investment Grade Corporate Bonds -- Capital provided by Joint Venture or Third Party Sources
PFGI utilizes an extensive network of U.S. and International Banks to facilitate the complex process of monetizing these financing instruments and will use its unique position as both the financing organization and majority owner of the projects to provide outstanding potential for its shareholders.
Ben Stanley is CEO of a new company dealing with Mortages
and even Paul Poetter from the Wattle days has bought himself a Shell.
Rufus, lost his lease on the Ranch then lost his horses and was evicted from his home.
Maybe those that moved on found the perfect patsy in Rufus because the all seem to have landed very lightly and Rufus just keeps falling lower and lower. I guess Rufus just believed his BS to be bible while the others took the money and ran.
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Maybe those that moved on found the perfect patsy in Rufus because the all seem to have landed very lightly and Rufus just keeps falling lower and lower. I guess Rufus just believed his BS to be bible while the others took the money and ran.
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