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No agenda
just talking to a banker with tons of experience.
hold that thought.
I am not trying to save you
In fact I'm want to prove this guy wrong
Just hold on for my next transcript coming
HAVE
hell no
It aint Bud,
Bud just called, he said tell everyone good night from IHUB jail. I'm stuck here with bones.
You actually think Bud could spout this technical stuff off top of his head????
HAVE
hold that thought, it's getting more interesting
give me a moment.
HAVE
maybe in your eyes. your comments here are incorrect. my warnings were private and substanciated to me. again, I couldn't give details. I was only giving a heads up. If that causes you mistrust. Well, we'll see what happens next.
Wall Street Dude: this is amazing
Thehavenots: read their posts
Thehavenots: and give me comments to reply
Wall Street Dude: i'm trying... they are coming up fast and furious
Wall Street Dude: shit dude... we have created a monster
Wall Street Dude: i swear to you i don't have an axe to grind.
Wall Street Dude: this is incredible.
Wall Street Dude: The only thing that doesn't fit is.. how they could buy the float without filing a form 4? But then again, if the Wall Street Guy is right, how could Mr. Harris be selling stock without a form 144? Especially since all of his former CVSU shares are restricted?
Wall Street Dude: easy
Wall Street Dude: someone else is. how does anyone know that his buddy isn't paying his bills, heck, i pay the groundskeeper's water bill.
Wall Street Dude: and actually its either a 144 form, or a 13D if you own more than 5% of the issue.
Thehavenots: If the full breadth of the bonds were not accessible to CSHD. then they could not illustrate the full valuation as part of their booked assets, as they in fact did with the Lehman Bros bond of $450MEuro. They would only be able cite that portion extended to them. How does your banker friend explain that away?
Wall Street Dude: which reminds me... if the humanitarian and scientific foundation was able to pledge the entire issue of bonds, can you please tell me when the 13d was filed?
Thehavenots: what wall street guy?
Wall Street Dude: did you not see what i said?
Wall Street Dude: If the full breadth of the bonds were not accessible to CSHD. then they could not illustrate the full valuation as part of their booked assets, as they in fact did with the Lehman Bros bond of $450MEuro. They would only be able cite that portion extended to them. How does your banker friend explain that away?
Wall Street Dude: which reminds me... if the humanitarian and scientific foundation was able to pledge the entire issue of bonds, can you please tell me when the 13d was filed?
Thehavenots: what wall street guy?
Wall Street Dude: *sigh* if they don't own the entire issue, they can't deposit it.
Wall Street Dude: it brings us back to square one.
Wall Street Dude: no where in the 8k does it say how many bonds they are depositing with CVSU
Wall Street Dude: CVSU is saying the issue is worth 450 million
Wall Street Dude: yeah, it IS.
Wall Street Dude: but they don't say how many bonds are being deposited with them.
Wall Street Dude: PLUS...
Thehavenots: you said, "if the wall street guy is right"
Thehavenots: please verify?
Wall Street Dude: i didn't say that, i was copying and pasting it.
Thehavenots: from where?
Thehavenots: you were talking about yourself
Wall Street Dude: Posted by: itsmikie
In reply to: Penny Stock Trader who wrote msg# 53755 Date:8/23/2006 10:15:49 PM
Post #of 53821
The only thing that doesn't fit is.. how they could buy the float without filing a form 4? But then again, if the Wall Street Guy is right, how could Mr. Harris be selling stock without a form 144? Especially since all of his former CVSU shares are restricted?
Thehavenots: okay
Thehavenots: I'll so this one
Thehavenots: I'll do this one
Wall Street Dude: ok
Wall Street Dude: i'm not trying to bash “have” (real name omitted)... it's just a complete scam.. and i'm actually quite disapointed in the SEC for not stopping this.
Wall Street Dude: hell, makes me want to do it.
Wall Street Dude: i'm no saint.
Wall Street Dude: oh... and after talking to the EDW... i just remembered that Rufus doesn't have to report any sales until the end of the fiscal quarter if the stock is held in a trust for him. now you and I both know that Rufus owns some stock. So if i were Rufus, i would let it be held in a different entity that reports selling it at the end of the quarter. i'm not saying he is doing this, but it is what i would do.
Bud runs restaurants. He read the 8K earlier and didn't have a clue. He asked me to make "the call", and then set up a paltalk. This won't work. While picking this guys brain, I decided to put his info on the board to see if you guys could refute it. I would much rather believe you.
I know a lot more about finance than Bud, I don't go to him for answers. He knows about running a business, and somethings about taxes and filings, but didn't have a clue when it came to this filing.
HAVE
Incorrect. I am asking this person straight foward questions by IM, and cutting and pasting our real names out, and some fake ones in. That is all.
I would like you to refute these statement, by showing how the 8k demonstrates that we will have 1.2 billion more in financing, and that we will all get rich by buying this stock. I don't want to be poor. But I don't want to be poorer either.
Actually you are incorrect. This has nothing to do with inside information, it has only to do with protecting a respected reputation, from the likes of who knows who?!
I'm hangin on a telephone wire, actually an IM wire.....
202-551-2000, their review process will begin now.....
But it may pass.... only the investors that don't read the small print may go for the pump.
I hope you are wrong. But I cannot add up the pieces.
I am sorry
I am not yelling, I just need everyone to understand that I am not doing this to bash. I know this guy. His investment bank has been operating for like 80 or more years. He's been doing it for twenty. Sorry about the caps. I just don't know what to do about verifying this. I can't give you his info. I can say that I have researched him and his company.
HAVE
man,
I'm sorry
I don't want to let you down.
Just remember, if we play the game the way they are playing it. You'll happier selling at 1.50, than holding the bag for empty promises.....
Give him time to read the posts, and I will get back to you about his comments. Hold on.
HAVE
Wall Street Dude: P.S. the SEC is not an auditing company.
Wall Street Dude: oh, and its not a lie, its a description of the issue.
Wall Street Dude: if it were the entire issue then no one else would own it.
Wall Street Dude: which is where they are getting everyone.
I didn't write those words. It's a lawyer form another message board....
I cannot verify that info, but can verify that the banker does have factual knowledge and is the real thing.
HAVE
No it's not batman, and let's not let down our spirits....
Let's just look and see how we can play this out to the best advantage. Let's go with the flow, but what is the flow?
I don't know the lawyer guy, that's just hearsay. But I am getting to know this banker guy, and he knows a lot about MM's, and says he has seen tons of scams. He called this "just another bond scam."
Wall Street Dude: P.S. the SEC is not an auditing company.
What do you want me to do? What kind of verification do you want?
Thehavenots: they are sort of taking it seriously
Wall Street Dude: well they should... and don't get me wrong,, this thing could trade a 2.50 tomorrow... i'm not saying its going to zero... but it WILL go there.
Wall Street Dude: its just simply not real.
Wall Street Dude: they are trying to jam everyone up at DTC, and effect a short squeeze
Wall Street Dude: unfortunatly for them their exit strategy is to sell it all at 1.12
Wall Street Dude: so they take there 3 mil and run
Wall Street Dude: their i mean
Wall Street Dude: and ty for not giving up my name.
Wall Street Dude: and if they get away with it i will be surprised and amazed.
Wall Street Dude: but hey, they might.
Wall Street Dude: they are also (this is important) forgetting about how CNS works.
Wall Street Dude: CNS is 'continuous net settlement'
Wall Street Dude: if a market maker is naked short the stock, he stands to get bought in. HOWEVER, if the position changes at all,,, i.e. less short, more short... then there is a 3 day process all over again to buy him in.
Wall Street Dude: so in the words of my favorite boss 17 years ago... "UPDATE YOUR FAIL TO DELIVER BOY!" (in other words, just buy and sell 100 shares)
Wall Street Dude: and don't ever forget that market makers are just in it to make money just like the longs/shorts are... if a stock is going up, a market maker wants to be long...and visa versa.
Wall Street Dude: also a market maker is given word of an imminent buy in before it happens.
Wall Street Dude: in very rare cases a short squeeze can happen, but its even more rare that it happens with a company with 62 million shares out, (175 million if you read the filings, but i haven't looked into that), because there is an old addage at investment banking firms... "there is always a seller"
Wall Street Dude: and it seems in this case its the previous owners of Furia corp.
I spoke with JJ on the phone one a months ago. Didn't get along that well. Don't know the guy. He's got nothing to do with me, or this.
HAVE
HE CANNOT EXPOSE HIS IDENTITY AND POSITION. PERIOD. IT WOULD LEAK IN A SECOND AND HE WOULD BE IN TROUBLE IN HIS CAREER. YOU NEED TO UNDERSTAND THIS, AND RESPECT THIS. I AM BEING VERY CAREFULL HERE. DON'T TAKE IT AS OMITTING ANYTHING.
I'LL TALK TO HIM AND SEE IF I CAN GET HIM TO POST DIRECTLY. LET ME SEE WHAT I CAN DO.
stop slamming me dude! This is not a joke, I am taking the time to do all this editing and dialogue with this guy, so I can post it. Take it with a grain of salt. Take it will a ring of salt, a lime, and shot of taquilla.
I want CVSU to rock believe me, but what they just put us through, I won't do blind faith.
HAVE
Wall Street Dude: this should be interesting.
Wall Street Dude: ROFL... its kind of strange to read what i said.
Wall Street Dude: i actually make sense.
Wall Street Dude: i don't understand the subsequent post to yours
Wall Street Dude: the stock is probably going to go up, you know that don't you?
Wall Street Dude: unless rufus and his buddies are too busy hitting every bid they see
Thehavenots: the stock will go up
Thehavenots: I believe
Thehavenots: but maybe not far
Wall Street Dude: it will be halted
Thehavenots: where are Rufus and his buddies going to get the shares to sell
Thehavenots: ?
Thehavenots: why will it be halted?
Wall Street Dude: LOL... ok,,, (“have”, real name omitted). in the 8k, they said they are going to compensate with stock... if they gave me stock i would sure as hell sell it.
Wall Street Dude: respond to the net deposit question if it is a description, or the entire issue?
Wall Street Dude: its just logic dude... anyone can read it.
Wall Street Dude: and really quite clever.
I chose the name. He has a real one. It was part of the deal to get him to consent. It wasn't easy.
He's still talking on IM, I just edited for the public, here's what he is saying now.....
Wall Street Dude: it will be halted
Thehavenots: where are Rufus and his buddies going to get the shares to sell
Thehavenots: ?
Thehavenots: why will it be halted?
Wall Street Dude: LOL... ok,,, (“have”, real name omitted). in the 8k, they said they are going to compensate with stock... if they gave me stock i would sure as hell sell it.
Wall Street Dude: respond to the net deposit question if it is a description, or the entire issue?
Wall Street Dude: its just logic dude... anyone can read it.
Wall Street Dude: and really quite clever.
If the deal is legit, 20k shares will be worth 500k dollars. I am not saying it isn't. I'm just saying I went to someone who knows more about these things than I do.
who knows. I really would like to load up and launch for the big 10K will all the contracts.....
I'm still not convinced the banker is right, but it's something to consider.
HAVE
That's an assumption. I spoke with SEC corporate finance today, 202-551-2000/202-551-6500, they have a review process. It's confidential. But it's worth following up on, now that there is a file to actually discuss, under the new ticker CSHD.
There is also an enforcement officer aware of CSHD, that I spoke with, but I do not have permission to give the number. I'll see if I can change that.
HAVE
If you want to take the time to specifically refute, what he is saying, I would appreciate that.
From what I understood from the 8K, is that CVSU get's the entire bonds, split between the trust, controls them, pays interest to the agreement holders, and my assumption was that they will use this money to fund massive deals that are all tightly gagged right now. The 50 million interest per year they need to pay on the total bonds will be easy covered by the 500 million and growing contracts they must have.
Maybe they are planning on taking GA public? GA tried once, and wants to go again. Why are these guys going to screw GA, and all these related parties???
I want answers so that we know how to trade this stock. I am ready to load the boat tomorrow! But this has been tricky so far, and I want you help to find the new tricks. If we need to make money by flipping this stock, or holding it for the launch, that is my question!
HAVE
I give you my word, I did not. I'm not that smart to pick apart a document like that. I know finance. Not contract law.
Have mercy on him! There is a reason why I cannot give you the info. I was only marginally able to post part of our talk. He said other things..... Which I did not understand. Take a moment to ponder why I would not be able to give his information. And have mercy on me, and on him.
He is reading this board now. And will give me more answers in response to your comments.
HAVE
I was only referring to the fact that I had direct knowledge of some sort of investigation. I did not want it on the board. I took the courtesy to privately warn people. I had to fight for hours to keep it off the board to ward off a panick sell. I then followed up with real names and phone numbers to verify what I was told I spent most of yesterday doing so, and my oppinions changed to believing that if there is a problem it isn't serious, and may involve side issues, but not the whole deal.
When I spoke with the SEC enforcement, I told them the whole story, and they said there was no problem with what I did, because they cannot control the person who knew. They said they were willing to pursue information about anyone who posted my private messages publicy against my will, or threatened me for more information. I did not hand over names or posts. And just blew that part of the conversation off.
HAVE
rip it apart buddy, I want to see this thing be for real, and I want to believe in it. I want the 10k to comeout on Friday after hours, which is my gut suspician, if this is the real deal. But honestly, this is business, man, please. Let's be professional here. Let's treat this like a board room meeting. If we are all on the verge of making a half million dollars or more, versus, getting stuck and waiting while this stock gets shorted to death and we lose our money. We need to do real DD. This is speculation. I am making none of this up. I read the 8K agreement twice, and I went to an expert to get his oppinion.
HAVE
rip it apart buddy, I want to see this thing be for real, and I want to believe in it. I want the 10k to comeout on Friday after hours, which is my gut suspician, if this is the real deal. But honestly, this is business, man, please. Let's be professional here. Let's treat this like a board room meeting. If we are all on the verge of making a half million dollars or more, versus, getting stuck and waiting while this stock gets shorted to death and we lose our money. We need to do real DD. This is speculation. I am making none of this up. I read the 8K agreement twice, and I went to an expert to get his oppinion.
HAVE
I would give you the link to the investment bank that this individual works for, honestly, but I cannot do it.
It's real. I don't want to believe it. I don't like it. I don't like a lot of things this person said. But I have real experience in finance, and I do acknowledge this person's credentials and experience. He is not a basher. He has no position in the stock, long or short.
HAVE
it's somewhere on here, I couldn't find it myself, so I had my souce collect it for me. I don't have an account with these guys. But it's on here:
http://traderscorner.proboards79.com/index.cgi?board=general&action=display&thread=115636741...
HAVE