Cascade Technologies Corp (fka CSDT)

[1manband]

NOBODY 'FILES' with the DTCC

Actually, they do. You are wrong again. But those filings are completely different than the filings applicable to this situation.

[Reptos]

NO I DID NOT IMPLY ANY SUCH THING.. NOBODY 'FILES' with the DTCC. SHEESH.

[Reptos]

You are simply misunderstanding my post.I'll try to simplify it. AFTER CASCADE FILES WITH THE SEC THE SHARES THEN HAVE TO BE CLEARED THROUGH THE DTCC BEFORE THEY ARE PUT INTO OUR ACCOUNTS. IS THAT CLEAR ENOUGH?

[1manband]

You certainly implied it was a filing with the DTC, as you never had the letters SEC in any of your related posts. But, regardless, your theory is still wrong. The DTCC doesn't "clear" them as free-trading. Again, that will require registration with the SEC for them to be issued as free-trading. The DTCC is not involved with the registration process.

[Reptos]

Cleared.I said nothing about 'filing' with the DTC.LOL Where did you get such an idea. Obviously ,not from me.

[Reptos]

Well,I wish I could 100% prove otherwise,but.I honestly cannot guarantee that the possibility of the Cascade shares being restricted doesn't exist.My experience with restricted pink sheet shares has been that they are are generally not worth the cost of unrestricting them.I remain openminded however, about both actually getting the shares and their status upon arrival.

[1manband]

That is exactly what you said.

"They should arrive in our accounts, once cleared through the DTCC as free trading."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103443718

[1manband]

Again, you are wrong. You claimed this:

"Once Cascade files it should take no more than a day or two for the the transaction to be cleared and show up in our accts"

From the thread, you claimed they needed "to file with DTCC". Again, incorrect. It will require a registration statement that will take a lot more than a day or two after they file. Months, at best, as it will have to go through the full SEC review process, which may not even be successful. Assuming they actually file anything. Since they are over a year delinquent with their SEC filings, there is little chance they will actually file a registration statement to register the shares for the transaction that haven't even bothered to announce.

[Reptos]

Wrong again.You claim I said absolutely nothing about the need to file. Here's the post where I state quite clearly the need to file (which predates your incorrect claim.http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103330612 Any Questions"

[Reptos]

Filing with the DTC ?. You are wrong again.I never said any such thing.That's a fact.

[1manband]

Yes, TDA gave you obviously incorrect information. Even if they did complete this transaction, FRTD shareholders will not receive free-trading CSDT shares. They will be restricted, and likely quite expensive and time-consuming to un-restrict them to sell.

[1manband]

You are still wrong. "Filing with the DTC" as you claim does not make these shares free-trading. They must be current in their SEC reporting AND have to file and clear a registration statement. That would take months, not "a day or two" as you claim.

[1manband]

No, you didn't. You claimed that your broker told you that the shares would be issued to you as "free-trading", which is quite obviously impossible. You said absolutely nothing about the Company having to file with the SEC first (and the missing in action 8-K does nothing to solve this issue). Nothing, that is, until I proved the Company could not issue free-trading shares.

[Reptos]

You continue to misunderstand that I stated quite clearly that they have to file in order for any shares for us to clear. thttp://investorshub.advfn.com/boards/read_msg.aspx?message_id=103330612 Any Questions?

[Reptos]

You have provided no information on the "current' free trading shares. Your link is last years filings. I suggest you post current info before making your off topic suggestions.BTW,if I was given incorrect info by TDA,it won't be the end of the world.LOL

[QServus]

No one can possibly believe that FRT* has $2M worth of assets to sell to CSDT and that CSDT has $2M worth of stock Rotflmao

It's a farce

[1manband]

Of course it will be restricted. Assuming the acquisition is real, which is highly unlike for this seriously delinquent and absolutely silent company.

[QServus]

If Parilla issues any stock it will be restricted turd

[1manband]

Yes, I most certainly do know about the current share structure in regards to registered shares. The SEC filings tell me everything I need to know about that.

http://www.sec.gov/cgi-bin/browse-edgar?company=cascade+technologies&owner=exclude&action=getcompany

CSDT has no registered shares to issue.

[Reptos]

Wrong you do not know anything about the current share structure of CSDT.

[1manband]

Wrong. I do know exactly how many registered shares in treasury they can issue in an asset swap.

None.

http://www.sec.gov/cgi-bin/browse-edgar?company=cascade+technologies&owner=exclude&action=getcompany

Since it is you that is asserting they will be issuing free trading stock that can be sold immediately, prove it by giving us the exemption under which they can issue free trading stock. There are specific laws and regulations which govern such transactions, and companies cannot hand out free-trading stock whenever and to whomever they want.

[Reptos]

You have no idea how many shares Cascade has 'in treasury' and available for a share for asset swap. So please don't waste any more of my time.I'm done with you.

[1manband]

Of course Cascade has registered shares

Not in treasury they don't. The cannot issue free-trading shares without registering them with the SEC, or otherwise freeing them up through an exemption.

So I ask again. Under which registration or exemption makes such shares free-trading upon issuance?

http://www.sec.gov/cgi-bin/browse-edgar?company=cascade+technologies&owner=exclude&action=getcompany

[Reptos]

Of course Cascade has registered shares.The A/S is 750,000,000 shares there is no way to ascertain the O/S at the moment.If I were to buy ,say,20,000 shares of CSDT, do question whether they are 'registered'.

[1manband]

Cascade doesn't have any registered shares to issue. I could go into the regulations in detail, but show me those "already registered shares". Here, I will even provide the link to their SEC filings so you can show me under which registration statement those shares fall.

http://www.sec.gov/cgi-bin/browse-edgar?company=cascade+technologies&owner=exclude&action=getcompany

And when it comes to securities regulations, yes, I do know more than the barely-trained monkeys that answer phones for discount brokers. They are, more often than not, wrong about these things.

[1manband]

with filing they clear and we get them as free trading

Under what SEC registration, or exemption from registration, would these shares be free trading?

[Reptos]

I said they would be free trading once cleared through DTCC.Without filing they don't clear and we don't get them at all. with filing they clear and we get them as free trading.

[QServus]

They cannot be free trading if CSDT does not file an 8K

Which they did not

[Reptos]

Technically they would be considered 'Special Dividends' different from common dividends. TDAmeritrade told me they would be free trading.If we get them.

[QServus]

"These are not dividend shares"

Yes they are... Parilla is divesting company assets into dividends to pay to shareholders


But it's all fake

[Reptos]

These are not dividend shares.There is no reason for them to be restricted.They should arrive in our accounts,once cleared through the DTCC as free trading.

[seventwo]

Only 10,000 shares @ .013 what a joke.....where's me shares....

worth about 20 cents.....

[RCL Cruiser]

CSDT bid .013 ask .0135

[QServus]

More restricted stock that can't be sold.... Is that 2nd or 3rd round of Parilla's restricted share giveaway bonanza? Roflmao

No regulatory filings issued

Rotflmao what a scam

[buydontborrow]

THAT WHAT I THINK TOO DOC

[RCL Cruiser]

It would seem that 2 days would be enough for FRTD to get the certs so maybe we will hear something by Friday as to a date we should expect them to be delivered to our accounts.

[buydontborrow]

Cascade the shares need to be transferred to Fortitude and once they get it they will have a different transfer agent to speed up the process. I spoke to Integral 2 days ago and they confirmed the certs were finally sent.

[ezbyker]

ok, it's Wednesday. no shares, no news.

sold the position bought last week for a small profit.

GLTA but don't think you want to touch this one.

[QServus]

Cascade has agreed to pay Fortitude $2,000,000 in common stock as consideration for this purchase.

[QServus]

Oh.. I guess that's pretty commonplace practise for Parilla to leave shareholders hanging

[Charlie48]

$156 a month to pretend to have an office

[Charlie48]

They are a folder in a drawer...not even a box

[js8797]

Only three weeks? I've been waiting since 12/12 for my restricted shares. I still have hope though. ( :

[QServus]

Has someone gotten their affinity cards?

It's slowly becoming 3 weeks since they been shipped out to shareholders

[buydontborrow]

Its a posibility

[elkonig]

Yes that's possible but there is no mention of Legacy Life in the financials for the 1st quarter of 2013.

[js8797]

LMAO!!

You found all of that in Parilla's virtual mailbox at the Renaissance Center? Those boxes must be pretty large. ( ;

[buydontborrow]

MEDICAL ASSET'S MAYBE ? http://fortitudegroupinc.com/Holdings.html

[heartcor]

I honestly don't know the breakdown of FRTD assets by category,

I can help with this one, was just in Erie looking over their record of assets.

Assets: Quantity:
Jelly Doughnuts 2 master cartons of 48
Glazed Doughnuts 1 master carton of 48
Track Suits 4 sets for biggest loser walk
Vaporvites 0
Affinity Cards 3 painted ones from Monopoly Banking Edition
Working Websites 0
Pissed Shareholders 4,600

[js8797]

I honestly don't know the breakdown of FRTD assets by category,

I can help with this info.

FRTD has no assets therefore nothing to categorize.