posted
Dear God - people are still talking about this scam? I thought this was dead and buried last year....
Posts: 630 | Registered: Jun 2006
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quote:Originally posted by milliam: I never heard that the TA was gagged on this one, but I don't think the TA has actually said what the O/S is currently.
I'm pretty sure the A/S is 200,000,000 though...at least according to my cert.
I had called Integrity Stock Transfer several times for the float last summer and fall.
The last # I have written down is 29,486,569 on 9-11-06.
I tried calling after that date and they did say they could no longer share that info.
posted
Hmmm, have all the CSHD faithfull collapsed from extreme beatings? Mental stress could do that!
Posts: 2498 | Registered: Mar 2006
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posted
Its funny, you can sense the tension over at the other board and although people are finally questioning things they still appear hesitant to post much negativity because when they do they are called whiners or babies.
thesource....why dont you go sign up over there so you can communicate with a larger group of RPH followers? As you can see, this is a small group here and we dont really follow it that closely anymore so you are kinda wasting your time posting here IMO.
Posts: 2308 | From: Michigan | Registered: Jun 2006
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posted
I'm in jail over on Ihub for posting a picture of a little monkey sucking his wang chung on the GBDX board last night . Those guys are a bunch of cry babies on that thread . All the other threads that I've been on are ok .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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quote:Originally posted by thesource: I'm in jail over on Ihub for posting a picture of a little monkey sucking his wang chung on the GBDX board last night . Those guys are a bunch of cry babies on that thread . All the other threads that I've been on are ok .
Wow, I thought one could get away with about anything over there
Posts: 2308 | From: Michigan | Registered: Jun 2006
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posted
I guess they didn't like me telling people to take their money off the table and play freebies on GBDX . I also said that it will go back to sub penny by next week .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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There is an attempt to connect this situation with the Wanta conspiracy theory, among a litany of other Grisham-esque fairy tales. Ridiculous. Read this link only if you have a few minutes of your life to waste.
-------------------- One shot - One kill. Posts: 216 | Registered: Jul 2006
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posted
This Rufus post has them all fired up too...who the hell knows what it even is:
(1) 2-page Safekeeping Receipt (dated 7 May 2007) which are: (a) on the letterhead of Federal Reserve Bank of New York; (b) signatured stamped by the Federal Reserve's Chairman and Vice Chairman (c) red-ribbon stamped and sealed by the Federal Reserve (d) holding the following basic data: (1) U.S. Treasury Check Number(s) in denominations of $500M, totaling $2B; (2) Custodial Account No.; (3) Account Name: (matches the Name of One (1) of the Two (2) Members of the Special Purpose Company Client; and, (4) Fed Screen Registration Codes: (a) Access, (b) Security & (c) ID Number
(4) 1-page Confidential Memo (dated 7 May 2007): (a) on the letterhead of Federal Reserve Bank of New York; (b) signatured stamped by the Federal Reserve's Chairman and Vice Chairman (c) red-ribbon stamped and sealed by the Federal Reserve (d) holding the following data: (1) U.S. Treasury Check Number(s) in denominations of $500M, totaling $2B; (2) Name of the Special Purpose Company; and, (3) "Screening Procedures": (a) Access Code: <> (b) Security Code: <> (c) Related Code: <> (d) Net Code: <> (e) Additional Access Code: <> (1) CUSIP: <> (2) SWIFT Code: <> (3) Screening Code: <> (4) ISIN: <> (5) Command Code: <> (6) DTC: <> (7) UWRTR: <> (f) Follow Screen Instructions as appropriate for: (1) Option 1: (for reserving/blocking of the "specific" instrument; (2) Option 2: ----------- (3) Option 3: ----------- (g) If any of the above Options is NOT selected, the "specific" instrument will go off screen.
-------------------- One shot - One kill. Posts: 216 | Registered: Jul 2006
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quote:Originally posted by T e x: suspension prolly brought it to PCAOB's attention...or caused it to be, may be more accurate...
yeeeeeeesh. Be curious to see/hear what RPH's spin is on this. I don't know whether to feel sorry for Benson or not.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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Have no idea whether this has or will affect his day job with the state. Certainly it makes doing business from his "auditor shop" at least a significant problem. I guess his proprietorship still exists--maybe he could hire CPAs to work for the firm?
posted
He's barred from being an "associated person with a registered public accounting firm", so it would lead me to believe that his practice is shut down. But his work for the state? Who knows - I imagine that he'd have to disclose this ruling to his higher-ups, and they probably won't be thrilled...
They don't have the authority to revoke his CPA license, but they might as well have.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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quote:Originally posted by bilgert: He's barred from being an "associated person with a registered public accounting firm", so it would lead me to believe that his practice is shut down. But his work for the state? Who knows - I imagine that he'd have to disclose this ruling to his higher-ups, and they probably won't be thrilled...
They don't have the authority to revoke his CPA license, but they might as well have.
ya, you're right...basically cuts off access to GAAP accreditation, as I understand it.
quote:Originally posted by stocktrader22: Auditor is destroyed, this baby has been over for months and just another sign showing why.
He probably sold at 3.95 and is laughing it up.
But seriously who in their right minds would put their name on an audit with such outlandish claims and not verify them.
It doesn't add up.
Or Rufus snowed him...
could be... is entirely possible anyone in on the rake is sitting back, living the high life, maybe cell-phoning or IM-ing time to time, laughing at the schmucks who continue to wonder.
posted
Interesting... this "report" doesn't say that the bonds or CSHD were wrong or false...simply that Benson didn't look into things more deeply...or as deeply as he is required...and he has no fines? he simply can't be an associated person of a registered public accounting firm...seems he should be able to keep his day job with the state?
Still really doesn't say anything...doesn't tell us anything...but that he should have investigated things more deeply...
I wonder if this will give CSHD a "new chance" at refiling the audits and starting back to square one?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
asurfer you may be right, Rufus could have snowed him hard- nevertheless it's Benson's practice and professional reputation on the line. So he was either irresponsible and/or recklesss in not verifying CSHD's/Rufie's claims, or he was in cahoots with RPH.
Neither bodes well for Benson.
I kinda take licensing and the ability to freely practice kinda seriously. Mom's a nurse and I'm a licensed professional engineer- both professions that require upholding a certain level of conduct. I find it unconscionable that someone would put their ability to practice and the trust of their profession in jeopardy for the almoghty buck or out of laziness...
Yeah, this doesn't really reveal anything new about CSHD's self-inflicted quandry, but it kinda hit a nerve.
Don't know if this gives CSHD a 'new chance' at refiling audit, but you can bet your boopie that they'd be under increased scrutiny and any CPA worth his/her salt would scream bloody murder about getting anything less than full disclosure from RPH.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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posted
Don;t know if this has been mentioned before, but the documentnotes a 20 year relationship with RPH, so it lends more credit to the 'cahoots' theory... Ah well. WIsh I could be more optimstic- but I'm not.
Back to watching the 'Live Earth' special. Alicia Keys looks fabulous, FWIW.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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