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Can we at least agree that with the information from the new PR that those people who took the time to call or meet Dr. Mensah were relaying the infomation to us as best they could? Several have come down hard on kapone and others for telling us what now appears to be confirmed truth: that Dr. Mensah is on the outs with Rufus. A person should not be labled a basher just because they found out information that is less than stellar about the stock.
As I stated before, we do not know what is in the contract between Harris and Mensah. It could very well give Harris two years to come up with the money. We don't know. But I'll bet that after the BBAN fiasco Harris included in this contract the ability to remove whomever he wants.
Thanks Beachcracker, it's nice to see this board treats honest people with less than glowing information a lot better than the other site.
These days the person who starts to say "I've seen it all" is interupted by someone doing something new. LOL
Beachcraker you crack me up ROTFL
I don't believe Rufus is trying to get it for nothing. At worst he is trying to fund it after making the deal, which probably happens more than we know in the business world. The real question remains "can he do it?". If the bonds are owned by CSHD then certainly he can. If the bonds are not then there could be a serious problem.
As for Dr. Mensah, we don't know for sure if the deal is dead because none of us have seen the contract. As some have pointed out, Mensah is no businessman, he's a scientist. The contract could give Rufus two years to come up with the money, we don't know. From statements that Rufus was purported to have made on paltalk Mensah has some obligations to meet before he gets the money. What are those? Could he be required to show a certain amount of growth before he gets funds? Again, we don't know because we haven't seen the contract.
A lot of this boils down to "won't know until the 10K comes out".
Agreed. The web site has definitely changed, a lot more added to it. Love how it flows together.
Wow Eagle A company with 84 employees has a market cap of only 200K? Either it's severely undervalued or grossly mismanaged. Definitely going to study this one.
Beat me to it. You really are Capitan Ameritrade LOL
Yes. It would automatically send out the same message even if all you sent them was the word "test".
I agree. Why would they? Without an immediate, successful spinoff of one of the companies they've developed why would institutions invest? I think that Rufus must have something else up his sleeve to pull this off but more and more we're in a position of depending on unknowns. My stake here is small, it's actually the smallest of all the stocks I'm in and yet I spend 90% of my "Stock time" here because of those unknowns. I need to break away from this one so I can find the next 10 bagger. Thanks for all your input. GLTA
Sorry Kapone I thought you knew. I just found out a couple days ago that an member of CSHD has been posting on this board since July. He did this with the full knowledge of the Mods. I don't have time to go through every post so I missed some obvious clues of who he was. I have since read all his posts to get an idea of where he was coming from.
In a nutshell and IMO he did not reveal any insider information. He talked a lot about the current topics, he challenged people's misstatements, but two things stood out for me.
1. He said several times that no one can know for sure about the bonds and that we'll have to wait for the 10K to know.
2. He talked a lot about the shorting of this stock and the effect that would soon have on the PPS.
Based on this and some other research I've been changing my opinion of what is happening with this stock.
When I first got into this stock, along with all his other promises, I felt that Rufus was going to financially support the PPS at the reset and that was how he could promise $15 PPS.
I now feel that this is a much bigger and financially more dangerous game. I would appreciate everyone's input on what I'm about to suggest.
I think the plan all along, from the very beginning, was to create a PAIV situation and force the hedge funds/MM's to pay through the nose to cover their shorts. I know some people have talked about the shorting and NNS position before but concider this:
They reverse merger with a company that has "Toxic funding" and is therefore already very shorted.
They set a merger completion date (Roughly Aug 1)that can't possibly be met (because audited financials are now required within four days) and the date isn't met leading to more shorting.
The PR's have misspellings and grammer problems. The first interview Rufus gave just about tanked the stock. So more shorting.
Rufus announces they have bought the float and then back tracks on that announcement. More shorting
They announce bonds who's ownership can not be established leading to even more shorting.
They drag things out so even more shorting. I suspect that what they are really waiting for is a certain level of shorting to be achieved before "the plan" can be put into effect. I'm uncertain as to what they will do. Even though this has the potential to still be really good for stockholders I'm beginning to feel that we're unwittingly caught up in the big boys pizzing contest. Rufus vs AMTD?
In short, this stock appears to have developed into something other than what I originally bought.
The question for me all along has not been "scam or no scam". Rufus has a house, wife, kids, horses, nice life. We know where he lives. He's not about to deliberately scam hundreds of people. My question all along has been "can he do it?" "Does he have the means and ability to do what he says?"
And lately my question has been "What's he really up to?"
Sorry to unload all this on you Kapone. The last half is really for everyone. I'd appreciate everyone's point of view as to what they feel is really happening with this stock. Feel free to criticize my statements/questions, I have very little ego, just keep it civil.
You saw the similarities between our posts. Now look at the differences. I pointed out you have an officer of the company saying the same things. Think about it.
BTW, I don't assume anything, especially about this stock.
One thing that stuck me when I went through Kent's postings was how he never went out on a limb. Many people actually accused him of being a basher when in fact he's working for the company and has shares.
He stated over and over that there were things that no one could know or prove until the 10K came out.
It's these unanswered questions that have kept this stock hovering around a dollar.
If we could prove the bonds or JV's are fake this would be in sub-penny land in a heartbeat.
If we could prove that everything Rufus has said is true we'd be at $15 minimum.
Right now we're all waiting for the 10K. Then we should have our proof and of course the market will respond accordingly.
I don't own this stock but looked into them over a year ago. Companies coming out of bankrupcy reorganizations can sometimes be a good play. I'll have to keep an eye on this one.
Business Description:
Orbit Brands Corporation Formerly known as OrbitTRAVEL.Com Corporation. The Group's principal activity is to provide specialized e-commerce applications, essential distribution services and on-line marketing solutions to the travel industry. The Group through its subsidiaries, assists travel suppliers and tourism destinations to promote, distribute and sell their products electronically to travel buyers worldwide. The Group provides such services via the Internet, airline Global Distribution Systems, America Online, Private Intranets and other electronic distribution network.
Stock Price (9/15/06): 0.00
Recent stock performance
1 Week -25.0%
4 Weeks -25.0%
13 Weeks -25.0%
52 Weeks -94.0%
KEY DATA:
Orbit Brands Corporation Ticker: OBBC
Exchanges: OTC
2000 Sales: 532,000
Currency: U.S. Dollars
Fiscal Year Ends: December
Share Type: Common
Country: United States
Major Industry: Electronics
Sub Industry: Miscellaneous Electronics
Employees: 1
Market Capitalization: 337,832
Total Shares Outstanding: 1,126,107,071
Closely Held Shares: 283,900,874
From Stock Guru:
Aethlon Medical Inc (OTCBB: AEMD) - Monday's shares went down 21.21% to $0.26 with a total of 15,200 shares traded. On Aug. 15, 2006, Aethlon Medical, Inc. announced that the Hemopurifier(TM), a medical device developed to treat drug and vaccine resistant pathogens, was presented as a candidate treatment for drug resistant HIV patients at The AIDS Institute's Treatment Horizons Forum held in conjunction with the XVI International AIDS Conference in Toronto, Canada. The Treatment Horizons Forum provides the medical, scientific, and HIV-infected community the opportunity to learn about promising new developments in HIV/AIDS research. Aethlon Chairman and CEO James A. Joyce gave the presentation. Mr. Joyce has accepted a second invitation from The AIDS Institute to present at 8 pm EST this evening at the AIDS Global Village located in the Metro Toronto Convention Centre, host site of the XVI International AIDS Conference.
Aethlon Medical is developing the first medical device to treat infectious disease. The device, known as the Hemopurifier(TM), is a potential treatment countermeasure against drug and vaccine resistant bioweapons, naturally evolving pandemic threats, and chronic infectious disease targets such as Hepatitis-C (HCV) and the Human Immunodeficiency Virus (HIV). More information on Aethlon Medical and the Hemopurifier(TM) technology can be found at www.aethlonmedical.com.
For a quote and the latest news on this company, please visit: http://www.stockguru.com/profiles/AEMD.php .
Thanks Cindy. So Brandon was the possible source. Interesting.
Thanks Serf. Very helpful. Gotta save that site.
Number of shares sold:
I reread all of Kent's posts to get an idea of where he was coming from. He stated that there were 250 million shares sold in the first two weeks of the anounced merger but I come up with only a fraction of that. In fact, I tally up using a rather crude chart about 210 million sold in the last 65 days. The chart could be off. Is there a way to get exact numbers? I'm trying to figure out the possible momentum or lack there of from FTD's.
Also, it's been stated a few times that CSHD might be 60 million short. Where did that number originate from?
I tried to call Canady a couple of days ago. No answer. I got Sakli's number and called, it's been disconected. No answer at GA either. Could be they've been overwhelmed by calls. Could be something or nothing.
This looks very promising. Check out the CEO:
William N. Plamondon III
President and Chief Executive Officer
Bill Plamondon is the President and Chief Executive Officer of R.I. Heller & Co., LLC. He founded the company in 1998 after serving 30 years in a variety of industries as Chief Executive Officer and Chief Restructuring Officer for both public and private companies. In his various roles as an executive, a board member, and an advisor, Bill realized that a critical success factor for any venture was the ability to get the right experience matched with the appropriate perspective.
Bill has experienced great achievement utilizing the right outside resources teamed up with the best inside resources moving organizations to success. He expertly balances his organizational structuring experience with his financial expertise. Bill has purchased over $500 million in acquisition value businesses and sold companies with enterprise values of over $1 billion. Bill has secured financings in excess of $3 billion.
With R.I. Heller, Bill is serving as the interim CEO for Protein Polymer Technologies, Inc., a biomedical device company based in San Diego, CA. He is also working with Great Cities Media, a vertically integrated multimedia production, acquisition and distribution company. Prior to these assignments, he served as an Advisor to the CEO, CFO and the Board of Directors of Murray, Inc., a manufacturing company, pre and post filing for Chapter 11. Simultaneously, he served as the Chief Restructuring Officer for May Logistics Services where he restructured $100 million bank debt and sold a $20 million operating division of the company.
Prior to those assignments, Bill was as President and Chief Executive Officer of ANC Rental Corporation, the parent company of Alamo Rent A Car and National Car Rental, a 2.5 billion dollar global company with over 14,000 employees. Following a successful restructuring, the company was sold in October, 2003. He was appointed by the Board with the consensus of secured and unsecured creditors after serving as Chief Restructuring Officer, where he was responsible for developing and implementing a strategic plan to return the company to profitable growth in the aftermath of the travel industry slowdown. His tenure with the business began in June of 2000 when he was named to serve on ANC's board of directors, where he chaired the audit committee.
In December 2000, Bill joined E&Y Capital Advisors, LLC, a subsidiary of Ernst & Young LLP, as a consultant in its Restructuring Advisory Services Group. In addition to participating in client engagements, he developed and managed a "crisis management" resource to provide clients with experienced candidates for the positions of CEO, CFO and COO.
Prior to forming R.I. Heller & Company LLC, Bill served as CEO of the First Merchants Acceptance Corporation, a $750m publicly-held financial services company. There he managed the turnaround, financial restructuring and sale of the company.
For more than 19 years Bill was with Budget Rent a Car. He began his career at Budget in 1978 in Franchise Development. As Vice President, Franchised Operations, he built the company's functions in Field Operations, Training and Development, and Acquisition and Refranchising, managing more than 25 transactions and $350 million in assets.
As Budget transitioned from a franchising to an operating company, Bill successfully restructured the Florida operations, the company's largest acquisition a $100 million subsidiary. In 1989, he returned to Corporate Headquarters as Executive Vice President of Sales and Marketing and later EVP North America.
In 1992, at the direction of Ford Motor Company and Budget's Board of Directors, Bill was named President of Budget Rent a Car; the title of CEO was added the following year. In this capacity, Bill was responsible for acquisitions integration, organizational development, and cost restructuring at the $2.5 billion company, whose more than 3200 locations spanned 117 countries. Bill left Budget in 1997 with the successful sale of the company to Team Rental Group.
Bill has served on the boards of private and public companies, as well as non-profit organizations. He was a founding member of the National Tourism Organization and formerly served on the Board of American Car Rental Association and the International Franchise Association. Bill currently serves on the Board of Trustees for North Central College, the Board of Directors of Tribridge and Associates, the Board of Directors of Protein Polymer Technologies, Inc., and is a 7-year member of the Executive Advisory Committee for Give Kids the World. Bill is an active member of the American Bankruptcy Institute and the Turnaround Management Association.
Just my opinion but when the audited financials come out last weeks charts will be tossed out the window. There will be a whole lot of new investors/traders looking at this SLJB and anything could happen. Anything good that is.
Something's wrong with the numbers. How can you have a four story building with a 2500 sq ft continuous suite and only have 5000 sq ft in the building? Either they don't have the whole building or they dropped a zero somewhere.
Repost of BBAN info. If I understand the other posts he was supposed to be an insider?
Posted by: KNTSKC
In reply to: SAMNOTSAMUEL who wrote msg# 46981 Date:8/18/2006 11:47:56 AM
Post #of 75546
SAM # 1 has been addressed and BY HARRIS on PLATALK
#2 I can help ya on some.
WAS it the managment of BBAN(EDTV) group that took documentation to the the STATE AG's of both OK and GA , requesting they look into BBAN(EDTV)and how it was being handled in BK court and the actions of the company or was it in fact HARRIS that pulled both of those STATE AG's into the BBAN fiasco??????????
ANSWER IT WAS HARRIS
WAS it BBAN(EDTV) that threatened to pull the FBI/SEC into looking at BBAN or was it HARRIS and could this just might have been the reason he was booted out of the company AFTER having already PR'd the firing of those same exec's
ANSWER IT WAS HARRIS
Have said this all along and will say it again
"IF HARRIS IS FULL OF SHIT and lieing about this funding/COMPANY ,HIS BUTT IS ON THE LINE!!!!!!!!!!!!!!!!!!!!!"
Plain and simple and HE would/will deserve every single thing they could hand him........................But what if it isn't BS and is not a LIE.
Only the 10 will tell for sure
There are people on this board who call them all the time and can't get through but you got Ben and Rufus in the same night right before a PR came out? You must be the luckiest man in the world, I want your lottery numbers! LOL
Janniebgood---Me too, same results.
LOL If that was a real crime half the people who post would be in jail.
Ronnie,
Think about it. If they did anything to "Get" CSHD then there would be some type of paper trail and that could be used against them later.
Right now they are walking the straight and narrow and will continue to do so. Any other moves would be a gross error on their part.
I'm guessing looking at your previous posts that you bought near .10. You were hoping to flip it or ride it furthur than the .15 it achieved and now you feel stuck.
A month from now you'll probably be saying what a great buy .10 was.
I've researched this stock since April, even contacted people overseas to help confirm some of the things the company was saying. While there are still some unknowns (like who exactly is wessal and how do they fit in?) I am satisfied that this stock will achieve what they claim.
Conservatively I'll say this stock will be at .60 by the end of the year. (Due to audited financials and a good quarterly).
I believe it will hit $4 by next June. (Two more good quarterlies and more contracts).
By Jan 2008 it will be near $12. (Good quarterlies and higher exchange).
By August 2008 it will be $20. (Well run international construction companies tend to have a market cap of $11-20 Billion US dollars. 800,000 shares X $20 = $16 Billion)
Of course all this could happen a lot sooner. I am, after all, being conservative.
GLTY
how about Good For Your Money
Someone posted a while back that GFYM was a German acronym meaning good for the bottom line, i.e. net profits.
I try not to get too conspiratorial about stocks and motivations behind things but I want everyone to consider this.
This company has everything going for it.
It's device was developed by some of the best medical/bio agent personnel on the planet.
The device has been tested numerous times, always very successful.
It's won a major technology award.
It was tested on animals with the FDA present and declared very effective.
It's been tested for safety concerns on Humans in India (Two tests if I'm not mistaken). Also successful.
It's easy to use, very much like a kindney dialysis machine.
SO WHAT'S THE PROBLEM?
The FDA won't allow human testing with this inside the US. Why not? What was the point of a successful animal test if not to take it to the next level?
India has allowed safety tests but has not allowed full scale scientifically verifiable tests. Why not? India has a hugh AIDS and Hepititus problem but they won't authorized the needed tests on people who are already dieing?
My personnal belief is that some very powerful people are influencing the US and India governments to prevent this technology from being verifiably tested. If you could capture every virus that is in the human blood stream you could eliminate a whole lot of drugs and therapies that currently make some people a whole lot of money.
It also would eliminate future profits from yet unknown viruses.
I think the company is doing the right thing in focusing in on the potential for curing AIDS. I feel the only way this technology will get a fair shake is if enough people put pressure on the various governments to allow it to move forward. The AIDS community is known for being very vocal and could possibly wake people up to the true potential of the device.
Anyway, that's my theory, feel free to poke holes in it. I held this stock for a year and a half before selling it this summer. I'll get back in if they can get some real human testing going with control groups and independent researchers.
GLTA
I would create a third option. Leave the old O/S info and also post that the TA is gagged and the true number is unknown.
This is a hugh boost to CSHD's reputation.
I would caution everyone though that there is nothing that says that the 10K has to be out on Wednesday. A lot of people are acting like it has to happen then and I feel they are setting themselves up for a big disappointment.
The merger will be complete on Wednesday. The 10K could take longer.
Here's what I believe is going to happen.
When the NY test is completed (October?) there will be a spike in the PPS to $2-3 and maybe as high as $5 (Hey, it happened last August). Orders will start rolling in but Beacon's plan is to lease these machines and collect revenue off of the power they "sell" back to the grid.
This means they will have to incur a large cost in manufacturing and wait for the profits. If enough people see the potential it will hang between $3-5 and might spike as high as $10 until the first good quarterly statement.
I've estimated that the influx of cash profits could be 10 times their current rate within a year of mass producing these machines. What I don't know for certain is how much these machine will cost to mass produce.
I would say that after one or two good quarterlies everyone will see the potential for long term profits and tons of institutions and mutual fund will get involved. I expect the PPS will go to around $50 then and climb even higher as long as the profits keep rolling in.
I talked to a California ISO rep last May. If you recall the California test was originally supposed to be done then. He told me the problem was not with Beacon's flywheel but with how they were trying to use it. They wanted to control the flywheel via the internet so they could jump on any terminal and make changes. The problem was/is with the security of the software. No matter what they did to protect it someone was able to hack in. (I suspect that they are paying hackers to test it).
I like the NY test a lot more. The flywheel is on the distribution side of the grid and designed to respond instantly to the spikes and lows that it senses. That's what I think most of the regional grid operators would want. No need for a security program because it's not on the internet.
My pick SLJB closed .073 Friday.
Sorry to see you banned Serf. I'll miss the balance you brought to the board.
Insider trading?
Everyone was excited about Ameritrade allowing sells without commission but not allowing buys. They were interpreting this to mean that Ameritrade and others were severely short.
Because Ameritrade was "forced" to admit this policy change several people began to predict "the big event" was "soon".
You also had one person hinting at a PR to come out at noon not 2:18 pm. Some people do that, try to predict the time, I've seen it on several boards. Even if by some miracle they get the time right it doesn't mean insider trading. Of course on the other site it means you get a cult following, especially if your alias is an egyptian king.
Been awhile since I've checked on this stock. Last I checked the NY test was supposed to be complete in October, any change in that?
Something to think about. A government report on energy needs world wide stated that many small cities in the world were in desperate need of something that could keep their electrical energy "clean" from spikes and drops so they could properly use modern technology.
I believe Beacon's technology fits the bill.
When they begin mass producing this it will be a gold mine.