quote:Originally posted by 10of13: "Reads" to me that RPH is attempting to prolong the crap... sure "he" answered...not the Company AND? the judge could quite possibly remove or dismiss everything on what RPH has requested... But I doubt it...it may depend on if the Judge feels that the SEC has done anything to "prove" their allegations...if they haven't? the Judge may rule in favor of what RPH has requested...
And? this is something that RPH could have done...way back in November...however...maybe RPH was "giving" the SEC time to find crap...and better "allow" the Judge to side with RPH...
Guess we'll see...but my hopes are about as high now as they were last week...which is very low!
I agree with you 10. This could have been done long ago. My limited understanding of this situation is that the SEC doesn't have to do anything. The ball has been in CSHD and Rufus' court since the default was entered. In looking at what Rufus' has done in the past, I'd bet he did a little Internet research and decided to do this on his own. I don't understand how much clearer the judge could have been when he told Rufus to get a lawyer.
Could be another stall tactic or maybe it gets things moving a bit. Only time will tell. Yet I'm not very optimistic. Considering that Rufus seems to be banning anyone who has legitimate questions and doubts from his website, it seems he is attempting to put his own spin on the situation. Maybe he wants to stay in the spotlight longer but IMO, this seems to be a feeble attempt. He will have the bragging right that he did answer as he said but it will have little to no effect on CSHD. IMHO. As I stated I'm not an attorney and could be completely wrong.
posted
You guys keep forgetting that Dufus cannot represent the company himself . Its the term Pro Se and it only applies to representing yourself . It does not apply to a corp or inc. business .
To put it in simple terms : CSHD and Rufus is screwed . No attorney , no money and no "legal" answer to the default .
-------------------- ----- Game Over -----
IP: Logged |
posted
Looking at the response, several of the paragraphs do not admit or deny but instead say incorporate. Does this mean Rufus is telling the SEC to go to Conversion Solutions for the answers?
IP: Logged |
posted
I wonder if Rufus thought Eagletech, or one of the other companies battling the shadowdemons of the market, would have exposed some corruption in "the system" and possibly even dissolve the SEC as Bud seemed to be saying. Maybe he thought as time went by the SEC might no longer pose a problem to him.
Im not saying Rufus planned some sort of scam from the beginning but its quite obvious, to me, that this isnt some sort of slamdunk deal or it would have been taken care of months ago. Im not even saying he ever had malicious intent towards any shareholders but maybe he had a plan that has been, up to this point, much bigger than him.
Whether he is guilty or not guilty he certainly isnt innocent by ANY stretch of the imagination. Whatever his intentions were, he hurt some good people along the way, and for that I will do my best to remind him of it from time to time. If he was playing a game with the shorters early in this whole thing I can understand some of his odd behavior. But, there is simply no reason for games now and thats all I see anymore....games. "Fell asleep at my post" or whatever he said? NOT acceptable IMO. No sir, a CEO doesnt just sluff off in the middle of this type of ordeal and expect his shareholders to continue blindly following him.
You started this crap Paulfus.....F'in finish it!
IP: Logged |
posted
Let me ask this question to everyone on the board :
"Would a CEO of a supposely multibillion dollar company sit on his azz for months , do nothing but make empty promises , dance around the fact the company is in default and not even hire a real lawyer or even a fluke lawyer to represent the company ? "
Think about all the things the company has missed out on by sitting in default . All the millions of dollars in profits . All the JV's . The moon base that could be half way finished by now . All of this down the toilet for a few hundred thousand dollars it would cost to hire a legal firm and kick the SEC and the shorters azz ........
-------------------- ----- Game Over -----
IP: Logged |
posted
So, thesource....you do believe there is a fight with the SEC? And its possible we have grounds to kick their azz?
Ok, first of all..."No" would be my response to your question. I dont see him sitting in any drivers seat here....he is along for a ride at best.
Anyway, back to my question. Do you believe there is "something there" that maybe he was trying to get from the beginning? I only ask because i obviously know your opinion of Rufus himself but i dont know how you feel about the situation some of us would have wound up in anyway. Meaning, I bought into FHAL and was about to lose my investment anyway based on the information we have been told along the way. FHAL was a total mess behind the scenes and Rufus either saved us (which in essence he did for those of us that sold at least some shares) or burned us.
Just curious what your take on ths "other stuff" is
IP: Logged |
posted
In my honest opinion, I don't think this is bad at all.....I've been thinking....Rufus answered the default for himself....not the company....well only the CEO can hire a lawyer & do that.....I think he is trying to get the court to officially recognize him as CEO, then he can get a lawyer and answer the default for the company....I honestly feel as though it is a step forward.....a baby step, but a step....
-------------------- ..just remember....Family is EVERYTHING!!
IP: Logged |
posted
Jenna , in my conversation with Ms. Black last Friday , she didn't seem to have an issue with Dufus being the CEO . She did state that after this whole deal with J.A she wasn't sure exactly who was the CEO or if the bi-laws were followed in the process but didn't seem too concerned with that issue right now .
The main issue was the company not answering the default and there was no attorney to represent the company . She never mentioned anything about Dufus answering his default .
-------------------- ----- Game Over -----
IP: Logged |
posted
Yep Jenna...maybe we should take comfort in knowing that some things remain the same? No...that just doesn't work here... You're right...perhaps this is a baby step... and maybe RPH did need to clear himself first...
Guess we'll just have to pick up some more popcorn and continue to watch the show...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
IP: Logged |
posted
Ok I remember the other day reading a post from Rufus, before I was banned, where someone asked him what the big thing on monday was going to be? And, he said "Ga; answer filed with clerk", or something along those lines. Could it be that he filed an answer for himself in GA, and will then proceed to file something for the company in like D.C.? Or am I just thinking screwy.
IP: Logged |
posted
Can't remember whether the default judgment(s) was(were) entered, but as I am learning from being named a defendant myself (one of 1,200 + in BCIT case), we defendants have a certain time within which to respond. Doubt this response qualifies...
Also, is true the corporation requires an attorney...but getting the court to recognize RPH as the CEO then-empowered to hire said attorney is doubtful... to date, the BOD has yet to name a replacement, as far as I know.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
As memory serves me, the court papers against CSHD and RPH were issued together, and now RPH is answering for both together. Didn't the judge say "The next time I see you, you'd better have a lawyer"? Maybe he didn't have to have a lawyer to file this response?
Rufus was the CEO, then was removed by the company. Terminated so to speak. Would it then fall on his replacements to answer the company's end of the default?
Of course that may have been in process, but when the new CEO fell ill and brough Rufus back in as CEO, technically as new CEO is Rufus now responsible for answering the defaul against the company if he in fact was terminated to begin with?
quote:Originally posted by Stockstar69: Let me throw this out there...
Rufus was the CEO, then was removed by the company. Terminated so to speak. Would it then fall on his replacements to answer the company's end of the default?
Of course that may have been in process, but when the new CEO fell ill and brough Rufus back in as CEO, technically as new CEO is Rufus now responsible for answering the defaul against the company if he in fact was terminated to begin with?
My head hurts and it's only 8:30am.
as I recall, the BOD must replace the departed CEO (JA), according to the bylaws--but the bylaws do not specify a deadline. Unless something's changed that I'm unaware of, FHAL/CSHD has no CEO...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
quote:Originally posted by stocktrader2006: Staying out of jail for what crime? What are you accusing him of?
(1)Security fraud "filing known fraudulent financial docs with the SEC" .......
(2)Pump and dump through alternative means of selling shares . (I.E. through his trust , friends and family members)
(3)Filing bogus contracts and other filings through the GA. courts reguarding the Ven. bonds (but that will be a totally different case if proceeded with by the FBI).
-------------------- ----- Game Over -----
IP: Logged |
quote:Originally posted by stocktrader2006: Staying out of jail for what crime? What are you accusing him of?
(1)Security fraud "filing known fraudulent financial docs with the SEC" .......
(2)Pump and dump through alternative means of selling shares . (I.E. through his trust , friends and family members)
(3)Filing bogus contracts and other filings through the GA. courts reguarding the Ven. bonds (but that will be a totally different case if proceeded with by the FBI).
(1) Charge brought up by the SEC that will eventually be proven false. If the SEC had good evidence on this accusation, the judge would of closed this case long ago - chalking up a victory for the SEC. (2) That is just ridiculous. If that is the case why is he even bothering with the case and still maintaining communication to his investors/shareholders? (i.e answering the default as of 4-24-2007) He and his family/friends would never be heard from again, let alone still live in this country. (3) Same as #1
IP: Logged |
posted
Some interesting posts from RPH on his board:
Yesterday at 12:13pm, padutch40 wrote: Yesterday at 11:36am, mastaflash wrote:Anybody following BCIT? CEO is suing all shareholders (declatory judgement for you legal types ) in order to acquire trading records. I think the idea is to show the judge that there are more shares out there than allowed and to force a buy in, and to sniff out illegal share holders. Wonder if that would work here. I'm following with great interest......
I have one even better!!! GODSPEED
Yesterday at 12:44pm, taxback04 wrote:So CSHD is the Democratic Haliburton... great! Well at least I hold shares.
Did you know that we made an offer to buy KBR from Haliburton? Oh yeah, I have already posted that GODSPEED
Today at 1:31am, eyegeddeeven wrote: Today at 1:30am, Rufus Paul Harris wrote: More important; How many filings are to follow? And what will be in them? GODSPEED
Interesting... do you think the SEC will let you file now? or do we have to wait and see what the judge says....
SEC has nothing to do with what I file in the Federal Court, As I have always stated “We are in Federal Court Now” GODSPEED
Morning mr harris, can you tell us when more filings will be made>
I have 14 Subpoenas ready!! GODSPEED
Today at 2:32am, stockprophet wrote:Rufus, just one answer for us, we give day and night waiting since mid '06..... Is this going to be a long drawn out legal battle we need to brace ourselves for, or does the original plan you mentioned on SPR of "company merges and continues business and I stay behind to fight the legal battle". Just a hint for this will go a long way sir.
Someone was listening I'll stay in court and deal with this. I am not going to go into what exactly is in store for the shareholders though GODSPEED
Today at 2:45am, makiniraq wrote: Hey Paul, I didn't know you were still here. Could you reply to my post about not getting my cert's applied for until last night. Evidently I had some unsettled shares so it was their excuse for me not to get my cert's. They said they would apply for them last night. TIA! maK in Iraq
It will be OK for all shareholders, HCC will move out of the process quicker though The rest will go through a slower process but ALL will be OK in the long run, except shorty GODSPEED
IP: Logged |
posted
Didn't RPH at one time say that he had bought up what was the equivilent of all the outstanding shares? Is that why he wants everyone to get their certs so he can proove the NSS?
posted
stocktrader2006 - its obvious that you are still swinging from RPH's vine . Maybe you should ante up the cash to provide a lawyer for the company and Dufus .
The judge was not going to close the case . The judge only grants or does not grant certain things in a law suit . You guys keep thinking this is a criminal case and its not . Its a civil case .
Dufus's day to stand trial in a criminal case will come sooner or later . When it does , then he can represent himself Pro Se or get a court appointed lawyer .
-------------------- ----- Game Over -----
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
but i dont know how you feel about the situation some of us would have wound up in anyway. Meaning, I bought into FHAL and was about to lose my investment anyway based on the information we have been told along the way. FHAL was a total mess behind the scenes and Rufus either saved us (which in essence he did for those of us that sold at least some shares) or burned us. ![[Wink]](wink.gif)
