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"We are an asset management corporation."
http://bimmerinfo.com/cshd_8-10-2006.mp3
listen to the last few minutes of the interview, Rufus is talking about each shareholder, both in certificate name, and street-name, will be able to login and see their positions in the stock on the companies website.....
Welcome to the 21 century
DTC has been counting the stock and the owners of the stock since the begining of yesterday, and DTC claimed it while take up to three days, but may be one day. Once this is done, the merger can happen any time.
Rufus is laughing on the interview.... It's a long story, there is so much of what this company is doing is way over people's heads...
This company is solid gold.
That's all I can say. Listen very closely to the interview. Very closely.
It's all good, get as much as you can and hold it while the DTC counts the stock. This thing will probably be done really soon.
I was just listening to the interview again,
they said "they think this company is in a stonger position than google and a lot of other companies were, when they first began..." I can understand what they mean, looking at their contacts, and their business model.
the hundred dollar value doesn't have anything to do with the shorts, it has to do with the fact that there will probably be billions in bonds posted into this company as soon as this gets going, have you looked at their projects???
the 100 price will come from pure value alone, between increasing the posting of bonds, and the launching of JV's
stock is valued by DCF, discounted cashflow, which is a projection of future earnings to the company. This stock will be valued by their potential to make money. I think these guys are smart. From where we are sitting now at one dollar, there is no where to go but up, once the deal is signed, I don't know what the idiots will do with the price, who cannot understand the business the company is launching, but that is good, because we want to buy as many cheap shares to the company and hold them, while the DTC counts them, and go through the launch to 15 bucks.
there is no problem with this rick, it's an asset, this is a securitization deal, look into Mortgage-Backed Securities, Asset-backed Securities, it's complicated, but the bond will be an asset in the company, not a liability dude,
read this and try to comprehend the significance of this statement:
“When you are dealing with assets of this size and volumes of this size, you go through a whole new level of due diligence, it isn’t the same thing as just turning in a 10-k, your auditor has to contact the SEC AND HAVE THE ASSET BONDED ENTIRELY….”
What this means is that they can't put out the 10-k until the SEC verifies it is an asset. "Bonding the Asset", is like saying posting the asset, with a very strict legal definition. This is the real deal.
If you listen to the other interviews, Rufus talks about how much money people have in bonds, billions, in these large bonds, and they want to use them for investing. This is a complicated way to make a lot of money. The people who are posting the bonds into CVSU will probably be receiving stock in CVSU, stock in the JV's as well as backing rights from the bond as well, meaning that, it is a collateralized arrangement, there will probably be a time, when the owners of the bond will no longer have that collateral because the stock will be worth so much and the bonds will be liquidated or, I don't know, these securitization deals are very complicated, do you know how complicated finance has become? Asset-backed securitization is the most popular way of financing now a days, it's the new trend on Wall-Street, it's what I've been saying all along, these guys are smart, and this stock will probably be worth a lot of money
Your words make you sound like you are implying that the bond is debt, it's an asset, this is a securization arrangement. This financial arrangement is pretty common. To understand in simple terms: Look at commercial banks, people put money into banks, and then the banks lend that money to other people. When the filings come out, the market will probably value this stock at 15 bucks. It's not in penny land anymore. Wall Street will value this company for what it is.
sorry dude, you're wrong.
you are ignorant, and you have been notified, and if you keep talking you will qualify as an idiot.
Whoever needs a guarantee for their investment?
Just take this page to court with you along with the recording:
Rufus Harris:
“When you are dealing with assets of this size and volumes of this size, you go through a whole new level of due diligence, it isn’t the same thing as just turning in a 10-k, your auditor has to contact the SEC AND HAVE THE ASSET BONDED ENTIRELY….”
“At the time of the halt of the trading, there will be SEC filings, and then the reset is official, that is when the market it reset, anyone who tells you that you can’t reset the price, they are lying to you”
“All JV agreements will be attached to the actual filings, so you will have that information in the filings. Ownership, shares… all that will be there…”
“Everybody will have their shares, before the reset. DTC is responsible for that. It’s in violation of regulations if it starts trading, and only certain shareholders have their shares.”
“The filings will show the availability of the cash that is facilitated from the line of credit. And this will be PRESS RELEASED SOON. We will have our own press release that will come along with the financial filings.”
“We are an asset holding company, the bond was brought in the company, as an investment, to arrange a hypothecation to support a venture…”
Ben Stanley:
“at this time we are trying to re-establish a market price, and we are trying to do it by OUR FILINGS….”
The Attorney:
“We are simply following the rules and regulations of the SEC the NASDAQ, and Federal Regulatory force… ”
“WE ARE NOT ANSWERING ANYTHING THAT IS NOT FACTUAL, WHAT WAS IMPLICATED HERE WAS NOT AN ASSUMPTION.”
Rufus Harris:
“When you are dealing with assets of this size and volumes of this size, you go through a whole new level of due diligence, it isn’t the same thing as just turning in a 10-k, your auditor has to contact the SEC AND HAVE THE ASSET BONDED ENTIRELY….”
“At the time of the halt of the trading, there will be SEC filings, and then the reset is official, that is when the market it reset, anyone who tells you that you can’t reset the price, they are lying to you”
“All JV agreements will be attached to the actual filings, so you will have that information in the filings. Ownership, shares… all that will be there…”
“Everybody will have their shares, before the reset. DTC is responsible for that. It’s in violation of regulations if it starts trading, and only certain shareholders have their shares.”
“The filings will show the availability of the cash that is facilitated from the line of credit. And this will be PRESS RELEASED SOON. We will have our own press release that will come along with the financial filings.”
“We are an asset holding company, the bond was brought in the company, as an investment, to arrange a hypothecation to support a venture…”
Ben Stanley:
“at this time we are trying to re-establish a market price, and we are trying to do it by OUR FILINGS….”
The Attorney:
“We are simply following the rules and regulations of the SEC the NASDAQ, and Federal Regulatory force… ”
“WE ARE NOT ANSWERING ANYTHING THAT IS NOT FACTUAL, WHAT WAS IMPLICATED HERE WAS NOT AN ASSUMPTION.”
the interview is hard to hear, and is broken up, what people are confusing for drunkeness, is the fact that connections aren't good, and people cannot hear what each other is saying.
you have to take into account, that none of the answer for these questions are prepared. these guys just showed up after work and started answering questions from people that have been hounding them for days. To answer your question, Ben is saying that they are going to re-establish a market price through their filings, they are going to show what the stock is worth through their SEC filings.
Read Again:
Rufus Harris:
“When you are dealing with assets of this size and volumes of this size, you go through a whole new level of due diligence, it isn’t the same thing as just turning in a 10-k, your auditor has to contact the SEC AND HAVE THE ASSET BONDED ENTIRELY….”
“At the time of the halt of the trading, there will be SEC filings, and then the reset is official, that is when the market it reset, anyone who tells you that you can’t reset the price, they are lying to you”
“All JV agreements will be attached to the actual filings, so you will have that information in the filings. Ownership, shares… all that will be there…”
“Everybody will have their shares, before the reset. DTC is responsible for that. It’s in violation of regulations if it starts trading, and only certain shareholders have their shares.”
“The filings will show the availability of the cash that is facilitated from the line of credit. And this will be PRESS RELEASED SOON. We will have our own press release that will come along with the financial filings.”
“We are an asset holding company, the bond was brought in the company, as an investment, to arrange a hypothecation to support a venture…”
Ben Stanley:
“at this time we are trying to re-establish a market price, and we are trying to do it by OUR FILINGS….”
The Attorney:
“We are simply following the rules and regulations of the SEC the NASDAQ, and Federal Regulatory force… ”
“WE ARE NOT ANSWERING ANYTHING THAT IS NOT FACTUAL, WHAT WAS IMPLICATED HERE WAS NOT AN ASSUMPTION.”
A summary of their drunken behavior, I'm half way through interview and I am going to stop for now, because this drunken gibberish makes not sense:
Rufus Harris:
“When you are dealing with assets of this size and volumes of this size, you go through a whole new level of due diligence, it isn’t the same thing as just turning in a 10-k, your auditor has to contact the SEC AND HAVE THE ASSET BONDED ENTIRELY….”
“At the time of the halt of the trading, there will be SEC filings, and then the reset is official, that is when the market it reset, anyone who tells you that you can’t reset the price, they are lying to you”
“All JV agreements will be attached to the actual filings, so you will have that information in the filings. Ownership, shares… all that will be there…”
“Everybody will have their shares, before the reset. DTC is responsible for that. It’s in violation of regulations if it starts trading, and only certain shareholders have their shares.”
“The filings will show the availability of the cash that is facilitated from the line of credit. And this will be PRESS RELEASED SOON. We will have our own press release that will come along with the financial filings.”
“We are an asset holding company, the bond was brought in the company, as an investment, to arrange a hypothecation to support a venture…”
Ben Stanley:
“at this time we are trying to re-establish a market price, and we are trying to do it by OUR FILINGS….”
The Attorney:
“We are simply following the rules and regulations of the SEC the NASDAQ, and Federal Regulatory force… ”
“WE ARE NOT ANSWERING ANYTHING THAT IS NOT FACTUAL, WHAT WAS IMPLICATED HERE WAS NOT AN ASSUMPTION.”
Rufus Harris:
“When you are dealing with assets of this size and volumes of this size, you go through a whole new level of due diligence, it isn’t the same thing as just turning in a 10-k, your auditor has to contact the SEC AND HAVE THE ASSET BONDED ENTIRELY….”
“At the time of the halt of the trading, there will be SEC filings, and then the reset is official, that is when the market it reset, anyone who tells you that you can’t reset the price, they are lying to you”
“All JV agreements will be attached to the actual filings, so you will have that information in the filings. Ownership, shares… all that will be there…”
“Everybody will have their shares, before the reset. DTC is responsible for that. It’s in violation of regulations if it starts trading, and only certain shareholders have their shares.”
Ben Stanley:
“at this time we are trying to re-establish a market price, and we are trying to do it by OUR FILINGS….”
The Attorney:
“We are simply following the rules and regulations of the SEC the NASDAQ, and Federal Regulatory force… ”
Rufus is loaded with JV's:
“All JV agreements will be attached to the actual filings, so you will have that information in the filings. Ownership, shares… all that will be there…”
For the deaf:
Rufus Harris:
“At the time of the halt of the trading, there will be SEC filings, and then the reset is official, that is when the market it reset, anyone who tells you that you can’t reset the price, they are lying to you”
the attorney was loaded:
“We are simply following the rules and regulations of the SEC the NASDAQ, and Federal Regulatory force… ”
loading CVSU up correctly for launch
Yah Ben was loaded too:
“at this time we are trying to re-establish a market price, and we are trying to do it by OUR FILINGS….”
loading the stock price
yah Rufus is loaded alright:
“When you are dealing with assets of this size and volumes of this size, you go through a whole new level of due diligence, it isn’t the same thing as just turning in a 10-k, your auditor has to contact the SEC AND HAVE THE ASSET BONDED ENTIRELY….”
Ignorance won't be bliss when you miss out on this, or are short...
I don't think it was Ben and Rufus that were drunk during the interview, people need to unplug their ears, this is said and documented, this statement can go to court, this deal is done, the bond is real.....
HAVE
Ben Rufus:
“at this time we are trying to re-establish a market price, and we are trying to do it by OUR FILINGS….”
It's not as simple as that with bond securitization asset-backed finance....
I'm not sure if that is right, but it's hitting the target anyway
definitely, no more Rufus on paltalk
JJ was upset with Rufus, for basically, what looked to me like semantics...
there is confusion over whether Rufus sold the bond, and Rufus oversimplified, because he was asked the question too many times... the bond is not sold, it has collaterilized credit ready, basically cash, "it's like we sold it"
listen to LRICE
I like you
an idiot is an ignorant person who keeps talking and insists they know what they are talking about
thank you, ignorant, that was word I was looking for,
what's the difference between and idiot and ignorant?
an idiot is and ignorant person who keeps talking and insists they know what they are talking about
thank you. why are idiots allowed to comment?
They were explaining to layment, that they have credit (cash, money available) against their investment assets... their bonds....
MODERN ROCK IS A COMPLETE IDIOT, WHY ARE PEOPLE WHO HAVE NO KNOWLEDGE OF FINANCE, SPECIFICALLY, ASSET-BACKED SECURITIES, TALKING SO MUCH???
Rufus said, "go sell your stock... but don't complain later... " it was pretty funny, and pretty clear... I like Rufus, Ben is a little strange, but I like Rufus a lot, I can relate to him.
you're an idiot, the CEO sounded fine, he sounded like he is busy, and has answered the same questions ten thousand times...
Rufus sounds fine, Ben sounds like he has a heavy accent or something