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Burp,
Seems like no news for a good while. Should one be concerned?
sam
Semiguy99,
I think it is too much to expect somebody to explain exactly what Rufus is thinking or why he does things as he does.
Answers are not always easy.
What would it take to prove this is a scam? One would have to prove that there was never $500M interest in the bond for CVSU. Stocklemon says there was not. A post from some board claims stocklemon is lying. I don't see clear proof one way or another.
What would it take to prove this is not a scam? Audited financials by a trusted source would do the trick or proof of $500m in possession of CVSU.
Since there is no proof that I know of for either case, each person has to do their own weighing.
Wasn't CVSU supposed to supply $50m to AISS by now? That would be key.
sam
yahoo problems,
Anybody had problems with yahoo for past week especially trying to read messages?
sam
BLUEDIAMONDS/TALLROB/LEMON BOND,
Any proof that the bond info by stocklemon is a fraud beyond a post on a message board making the claim of fraud?
What I just read appeared to be something said in a message.
Also what about that grenelefe info that I am guessing has not been refuted (ie fabrication and forging)?
sam
Rrufff/high-stakes,
What I find so amazing is how you manage to know which pinky to look at that is sub-penny. Most of us look upon sub-pennies causing a lot more disappointment than success.
This high-stakes business is tricky. Why do people with lots of money bet they can win here by shorting? Even if they have researched carefully and believe 75% chance that staying in will work out for them, doesn't the downside for them exceed the upside by a lot more than say 3 to 1?
Here is some math guessing.
If 200 million shares shorted at avg price of .03 (any guess is possible), cover at .50 because of big buying by them with no big seller.
Instead they short recently perhaps 25 million additional at avg. of .09, so essentially under such a scenario in the case of disaster for them of covering at a high price there risk is only for about 10% or more shares extra, but maybe the cover could be at a higher price.
The cover price could be a hard call, because if they plant fear well, perhaps longs will sell quicker.
As an example when they capitulate I might sell 1/2 at 50 cents instead of $1.00. If such tactics work for them, they should try like hell to get it down to 4 cents before capitulation on their part to maximize the ingrained fear.
sam
Excellent theory,
I think the theory of sljb selling into the float to allow pickup of 25% on the cheap is interesting (that is reselling their existing). The only question mark is whether that would be the best available way to cut the deal.
Naked short selling theory is very interesting. Let us discuss.
Of course scam theory is one, skip that topic.
Naked short discussion:
It would be kind of legitimate and understandable if at the peak of a surge if naked short with purpose of covering on retrace.
Understanding the naked short with no cover is the question here. This would mean the new short rules in effect don't mean much. Is that correct?
Also this means naked short without cover is not easy to combat. Correct?
My thinking is those who naked short this way must do GOOD DUE DILIGENCE to think they can win.
What makes them think they can win on this one? They have to be watching this story close? Why are they risking? If they can cover now and survive, how can they choose not to do so? Especially in light of historical short squeezes.
sam
yahoo message board,
Last 2 days most of the time I can't read the messages, just see the list.
Is there still a link to reading old way, perhaps that would work.
But also this week it has been hit or miss for me to read news items from yahoo as well.
sam
There is always a risk. There is no proof unless someone can make it clear that the company is not lying tremendously.
The other side of the coin is what is the proof that the risk is so high that a minimum 25 fold increase is not worth money.
Has anybody in management got an unsavory past?
sam
KAPONE,
Do you believe there are a very large number of stockholders who bought at .03 and chose not to take the large opportunity to sell between .09 and .13, instead sold when dipping below .09 along with those who bought at .12 to .15 and are now selling?
If that is where the selling in coming from, then would it be correct to believe a large percentage of people play technicals wrong? My view is once the price is below .09 the damage is mostly done and too late to take action unless one believes a collapse is in the works.
My thoughts on a collapse like .02 to .05 price would be more likely if over future weeks people develop stronger doubts about fundamentals.
sam
sam
Hi Rrufff,
I asked regarding this topic on sulja br more than once so it was deleted. I asked more than once because initially there was no response.
I did get a response after last posting that one had heard of sulja before and I also backtracked in messages where somebody visited their location.
O/T I am guessing that you may in investment performance be in the top 1%.
I know you are cautious about believing management for any company. I am definitely interested in your thoughts on sulja as to being honest about their position.
This was what I had asked previously -
Simple question for this dder,
Does anybody here know about sulja bros. before the reverse merger started?
Same question for wessal international.
Thanks very much for your contributions Rrufff.
sam
Simple question for this dder,
Does anybody here know about sulja bros. before the reverse merger started?
Same question for wessal international.
sam
Also on lemonbuster,
If the bond info accusation is inaccurate, why would Mr. Harris not scramble with a pr to show different to protect shareholders?
Time will tell
sam
coltpeacemaker/ sam shareholder,
I missed your earlier question. I held thru all that bothered me until today, I sold 1/2 reading the our-street report showing how ugly grenelefe was and sold remainder when read what stocklemon had for link to bond.
If these 2 items could be successfully refuted I would probably re-enter but still too many unanswered questions to rest easy.
sam
Purl Gurl,
I have to agree with you about the chance CVSU splintered a bond that much.
My greatest curiousity is why a respected head of Georgia Aeorospace is in the picture if this is a fraud. I don't get it, but that one positive is outnumbered too strongly by the negatives.
sam
tallrob0/grenelefe,
Obviously to begin with it mentions Paul Harris of Atlanta. BBAN also he uses name Paul Harris.
Easy googling shows for grenelefe search name ENHANCEMENT INVESTMENT GROUP and bban search name ENHANCEMENT HOLDINGS
too much of a coincidence
sam
purl gurl,
I read a response that all those partial holdings listed on the bond are all brokers so they could all be for one client CVSU. I am lost on all of this but what chance could CVSU use such a scheme as multiple brokers like say 40 (I have not counted)?
sam
Purl girl,
Far more serious is the bond info post by stocklemon. If that info is incorrect and cvsu really sold for $500 million, then there is a lot of room in my opinion to nail them with lawsuit.
Therefore at this point i believe cvsu does not have $500 million.
sam
janniebgood,
Greenlefe bothered me on top of bban. I was though like you taking position just a failed business deal with no loss financially. If you look at our-street today there is more to it.
Unless our-street mixed fabrication with fact which I don't think, articles there point to outright fabrication and forgery by Mr. Harris. What he had to gain by such makes no sense to me, but if true is far too troubling.
sam
Anybody on this?
In my opinion the evidence looks overwhelming negative today.
Would lemonbuster put the bond info out there if not true? Facing threat of lawsuit, I think they are sure.
The more detailed today by our-street on greenlefe. I believe he lifted from website old existing info, he did not create.
If these 2 damaging items can be refuted, then the risk may be acceptable, but rationally they NEED TO BE REFUTED FOR OBJECTIVITY.
SAM
TALLROB0,
You are the ultimate bull on this stock.
In my opinion the evidence looks overwhelming negative today.
Would lemonbuster put the bond info out there if not true? Facing threat of lawsuit, I think they are sure.
The more detailed today by our-street on greenlefe. I believe he lifted from website old existing info, he did not create.
If these 2 damaging items can be refuted, then the risk may be acceptable, but rationally they NEED TO BE REFUTED FOR OBJECTIVITY.
SAM
oUR-STREET,
Mr. Harris past does not look promising. Agree 100%.
The other side of the coin is why did the doctor of aerospace praise the guy almost 1 full year ago? Seems like the doc has all kinds of time to know about BBAN.
The doc is legit, right?
I think it all comes down to if that man's dd can be trusted, right? (since to my knowledge nothing else has verified the current story)
sam
Funding question/any takers,
CVSU has been involved with their group of holdings for many months now.
Have any received any funds from CVSU? If not I don't understand how all can be happy and why were no funds made available.
Any answer?
sam
Funding question,
CVSU has been involved with their group of holdings for many months now.
Have any received any funds from CVSU? If not I don't understand how all can be happy and why were no funds made available.
Any answer?
sam
rick85284/sljb,
I will also ask of you as a head start, what can you point to as the risk for sljb? What is your current price target for?
sam
CHARLATAN/SLJB,
Any direction to point as to what people consider risk on this play? What is your current price target on this?
sam
More on doctor of aerospace,
My guess is georgia aerospace knows the bban story, probably before august of last year.
sam
dr mensah,
See 2ligits post.
The battle wages over CVSU, there is nothing solid to put your money on except the hearty endorsement in place for almost 1 year by Dr. Mensah.
I think we are relying on this one man's dd best as I can tell. It seems to me that it would be out of character for Dr. Mensah to let himself be caught up with a pure fraud, he has better ways to make use of his time.
sam
More thought on Rufus,
I am convinced scam or not, that Rufus likes a circus. To put it mildly, some of his posts do not fit for a high-class ceo.
One valid view is this serves the purpose for a pump and dump.
I am thinking though too it could make sense for a legit company in a reverse/merge with the purpose of opening around $15.
I think on the basis of security laws, Rufus can't be showing the goods behind closed doors to institutions and if he was quiet, why would institutions be watching closely at the time of reverse merge? This is just a thought.
I guess he could be making phone calls to institutions and analysts to tell them to watch on a certain date and maybe he is doing that.
So, does this circus/show make sense if his goal is to try to get institutions involved as rapidly as possible at time of merger?
sam
OTCMOON,
I have never witnessed that I can recall what appears to be such a lack of caution to the point of wrecklessness by a ceo. I still would feel much more comfortable with a ceo who once he issued a pr about the details of the merger, was as silent as a clam until the day of trading under new symbol.
It is beyond my comprehension how he managed to impress the guy at Georgia Aerospace.
I can't speak for SEC but that is the impression.
sam
Kapone,
You can't discount the doctor supported CVSU management in a public statement. Seems like he would not have left things as are until now if he thought CVSU was bad to be involved with.
sam
otcmoon,
Biggest ugly there was attack on vitamin d.
You may be right but from a logical standpoint how is being on message boards etc.. any different from taking telephone calls and emails.
sam
aug 31
sam
That statement is greatest challenge for bashers and those who feel uneasy with Mr. Harris, me being one of the latter.
sam
Worthy of focus,
The great leadership at Conversion will bring excellent financial credentials with their Wall Street knowledge and exposure to the new entity AISS," stated Dr. Thomas Mensah, inventor, CEO and Founder of Georgia Aerospace Systems.
So my guess is he said it alright. He has also had some time to rethink if need be.
sam
Vitamin DD/Interesting post,
If the audited financials are true and what you wrote is true, then $800 million plus may have been loaned to CVSU?
That is still murky to me. If the company was basically zero, why would they have succeeded at getting the loan, they had to show some positive, right?
Secondly, if they have an $800 million loan why run a stock scam? Just run with the $800 million to the foreign paradise, right?
Third, if SEC reviews material before approving $15, what kind of crap job by SEC to let it fly?
Fourth, there is more than one kind of scheme. The goal might not be a stock promotion scheme to fleece investors. The scheme may be to be what they claim: a collector of money to put in projects and yield money back in the stock market.
sam
sam
Hiflyer14/good post/georgia aer,
That has always been my guess if this is legit.
The big questions though are about being selective:
1. private investors with deep pockets would like to see I think a good track record of management
what track record did they see on management, I would love to know
2. knowing what was coming, I would have thought better stock price performance as the private investors would still be delighted to buy at these prices, right?
On the other side of the fence if this is a scam, then what ignoramuses Georgia Aerospace would be to have entered an agreement with CVSU/AISS without validating this potential partner first
sam
austin6310,
Unfortunately there is some truth to your statement, but fortunately in reality many are highly skeptical about Mr. Harris.
For right now at a price of .98 is the stock a sell, a hold, or a buy?
For right now is Mr. Harris a straight shooter or the scum of the earth? Only time will tell.
sam
Giving benefit of doubt,
Sure under best interpretation of the past is:
Mr. Harris was in the business of wheeling and dealing and made as many mistakes as positives in past, sure he could be on to something now.
When it comes to our money though, kindly outlook is not enough.
I don't rule out scam, but I think the full picture is nice and gray. I hope and I don't count on it, that if a pure scam that there will be jail.
sam
Liable,
I am referring to both which involve Rufus and have to be interpreted as negative, but how negative can be debated
Too little known about grenelefe to assume much.
BBAN, I don't have a clue except big mess which I would stay away from except AISS and maybe ...
sam
kapone on aiss,
Others may have some good dd, but based on what little I know so far and what you have added, it may be the only legit thing about Mr. Harris is he is trying to make money but:
still seems to be either a) or b)
a) an elaborate scam drawing in georgia aerospace as part of the plan plus issuing prs for more than a year plus making an impressive but incomplete website (no choice but to be incomplete)
b) rufus has to have acquired a lot of money in some mysterious manner (mysterious to me and I don't know a lot about finances)
with this money the stock price should probably be worth something, what depends on true book value first and second how well forward whatever real assets be, are handled
sam