posted
At this point, I don't want to deal in any of the past BS. I don't care if the default can be reopened. What I want to know is: If the bonds were real and the JV's? Are they still owned by CSHD or since no payments have been made on either has CSHD defaulted on them? (keep in mind this is assuming that everything is/was on the up and up.)
According to my reading of the filings certain payments were due on the bonds. I have seen no evidence that those payments were made and therefore CSHD would be in default on those agreements just as they would be in default on the JV's since no payments were made on those either.
So, what assets would CSHD have? Legally, by the SEC, SOS of Delaware or any entity who is the CEO of CSHD? Does CSHD have any current bank accounts and if so is there any money and who controls it?
Since the court ruled that CSHD needed an attorney to file and defend on it's behalf and never obtained one, CSHD never answered the SEC complaint and therefore is in default and a default judgment could be entered against the company. No matter what Rufus, personally, filed it had no bearing on the case against CSHD since he had no standing.
I'm not an attorney so I am asking for answers here which should be public knowledge since CSHD is a public company. Until Rufus answers these questions with something other than emoticons everything he posts is BS.
This is about what we as shareholders can expect and should know. Until a company spokesperson steps up to plate and answers on the record with some proof to back up their assertions, it's all BS.
No softball questions here and I doubt these questions will get any answer other than me being a basher, short, part of a conspiracy etc etc.
LT, since you have become Rufus's spokesperson here on Allstocks, I ask you to pass this along. Since I was banned for asking the hard questions.
Until Rufus answers these questions, I will go back into hibernation on this thread because it's an exercise in futility.
I still own the shares that were posted on the NOBO list and have family members that own many more shares than I do since they didn't heed my advice and take money off the table prior to the SEC action. I consider my money lost and could give a hoot about it but deeply care about my family members who at this point have lost thousands upon thousands of dollars because they ordered certs, as per Rufus's request.
GLTA Wally
Posts: 3004 | From: Los Angeles California | Registered: Jan 2006
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quote:Originally posted by thesource: Man they are airing out the dirty laundry over on HSM pretty good . Too bad it took a year to do so ....
"They"?
If you are referring to Dogmando you do know thats James Gee correct? The guy that was buddies with Mike Alexander and recently threw him under the bus while "airing out the dirty laundry"....that guy? Theres nothing but finger pointing going on there....and hes digging himself a hole since he is blabbing on a Public Forum about an open case....one of which he gave a deposition for.
And its Sabra Dabbs for future reference. I have a feeling you will be hearing more of her soon.
Posts: 2307 | From: Michigan | Registered: Jun 2006
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posted
Ahhh sweet....I see Gee answered some of your questions over at H S M Wally. This one I find interesting......
"The bonds at one point were assigned to CSHD at one point up until approximately early November. The only JV's that ever received any money were Rufus's Equine Solutions and Ben's friends The Brittenum Bros "Twins". The others have had to seek funds from other places. I have had numerous conversations with Point Click and Dream, which IMO was the best of the JV's. They had only a initial investment of 1 million to get started and that would last for 6 months."
Sooooooo, hes saying the bonds were real...and they were assigned to CSHD. Hmmm
Posts: 2307 | From: Michigan | Registered: Jun 2006
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quote:Originally posted by T e x: lol, "bonds were assigned"...
Try to spend less time analyzing the actual word he used and absorb the meaning of it. He is posting that AT LEAST one of the bonds were legit as far as he knows. I wonder how he "knows" that.......
Posts: 2307 | From: Michigan | Registered: Jun 2006
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quote:Originally posted by T e x: lol, "bonds were assigned"...
Try to spend less time analyzing the actual word he used and absorb the meaning of it. He is posting that AT LEAST one of the bonds were legit as far as he knows. I wonder how he "knows" that.......
Try to spend more time analyzing specific nuances rather than reading "meaning" into something. Sometimes, what's *not said* is as important or even more important than what is said.
Indeed, *how* would he know? Do we know his background? Does he have any expertise with bonds?
quote:Originally posted by thesource: Man they are airing out the dirty laundry over on HSM pretty good . Too bad it took a year to do so ....
"They"?
If you are referring to Dogmando you do know thats James Gee correct? The guy that was buddies with Mike Alexander and recently threw him under the bus while "airing out the dirty laundry"....that guy? Theres nothing but finger pointing going on there....and hes digging himself a hole since he is blabbing on a Public Forum about an open case....one of which he gave a deposition for.
And its Sabra Dabbs for future reference. I have a feeling you will be hearing more of her soon.
Maybe so but atleast he's answering questions and giving details . Thats a huge step in front of Dufus who answers a question with a question and straight up lies about lying , makes promises he has no intentions on keeping and keeps stringing this ignorant cult members along in hopes that enough people will complain to the SEC and they will allow this to all go away or make a special exception for the company to not have legal counsel .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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quote:Originally posted by T e x: ya, ya, ya...so what about these "contracts" ?
he cant answer that because he doesnt know..its just his Opinion....
I haven't answered because I was out enjoying my weekend . As for contracts , I was referring to the filings posted in the Georgia county court that Dufus filed for the Ven. bonds . Maybe you wouldn't consider them contracts but I would since they involve more than one party that making an legal agreement to provide services for payment .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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quote:Originally posted by T e x: ya, ya, ya...so what about these "contracts" ?
he cant answer that because he doesnt know..its just his Opinion....
I haven't answered because I was out enjoying my weekend . As for contracts , I was referring to the filings posted in the Georgia county court that Dufus filed for the Ven. bonds . Maybe you wouldn't consider them contracts but I would since they involve more than one party that making an legal agreement to provide services for payment .
lol..your are something i'll tell ya.....1st you say its cut and paste job , now you say they are contracts loaded onto a GOV. site... which is correct .... and yes they are REAL...like all the assets cshd has....
Posts: 65 | Registered: Dec 2007
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posted
Just because they were filed with the Georgia court doesn't make them real . I never said that . As for the assets being real , I never said they weren't real either , I just said CSHD and Dufus never owned them . If it does come out that they did infact own them but never did anything with them , then Dufus is even a bigger fool than I thought he was .
-------------------- ----- Game Over ----- Posts: 1536 | From: San Antonio - Texas | Registered: Oct 2006
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posted
GAO says SEC not using all its arsenal: report
Sun Dec 16, 1:04 PM ET
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission is not using all of its available tools to police Wall Street, according to a U.S. government study.
The New York Times reported on Sunday that a study by the U.S. Government Accountability Office indicates that the SEC declines to use internal audits conducted by U.S. stock and options exchanges.
Also, the SEC's efforts to track questionable trading are hampered by a computer system that does not allow it to easily search investigative referrals from the exchanges, the paper says citing the GAO report, which is to be released on Monday.
The study was requested by Senator Charles E. Grassley of Iowa, the ranking Republican on the Senate Finance Committee, the paper says.
"They've got a computer system that can't search for the data the securities industry is reporting -- that's like working with one hand tied behind your back," Grassley is quoted as saying.
"And it was kind of shocking to know that the SEC doesn't review the exchanges' internal audits. That's inefficiency and there is no excuse for it," the senator added.
(Reporting by Chris Reiter, editing by Phil Berlowitz)
Posts: 3004 | From: Los Angeles California | Registered: Jan 2006
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quote:Originally posted by wallymac: GAO says SEC not using all its arsenal: report
Sun Dec 16, 1:04 PM ET
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission is not using all of its available tools to police Wall Street, according to a U.S. government study.
The New York Times reported on Sunday that a study by the U.S. Government Accountability Office indicates that the SEC declines to use internal audits conducted by U.S. stock and options exchanges.
Also, the SEC's efforts to track questionable trading are hampered by a computer system that does not allow it to easily search investigative referrals from the exchanges, the paper says citing the GAO report, which is to be released on Monday.
The study was requested by Senator Charles E. Grassley of Iowa, the ranking Republican on the Senate Finance Committee, the paper says.
"They've got a computer system that can't search for the data the securities industry is reporting -- that's like working with one hand tied behind your back," Grassley is quoted as saying.
"And it was kind of shocking to know that the SEC doesn't review the exchanges' internal audits. That's inefficiency and there is no excuse for it," the senator added.
(Reporting by Chris Reiter, editing by Phil Berlowitz)
nice find, good post...
btw--too funny--your "basic questions" made it from here to "there" then back to getting imported on da hub's CSHD thread. good stuff
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