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Here it is, again: All these PRs are doing is letting private placement shareholders get out with a profit.
they may (or may not) have a good business plan but it doesn't matter, they have no working capital and will continue to dilute the stock by issuing new shares privately. The oil business requires enormous up front capital to generate income streams, this one is no different. Why do you think the stock is plummeting when the PRs are positive?
envirotek, no one is knocking your company but, as you will most likely find out, just as others companies like Techsphere purchased by earlier versions of CAVR, that the chances of being successful under this company are about the same as a home made rocket making a safe moon landing. The only things they can really do, other than do press releases, is sell stock to raise money and dilute the shareholders.
GhostRider calls Billy!!!!!
GhostRider: Hey, Billy , this is Ghost
Billy: uhh, who are you?
GhostRider: you know, Billy, the one who is the moderator for the IHub board and who keeps claiming you will succeed with something before you die
Billy: I'm still not sure who you are, are we related or do I owe you money?
GhostRider: Billy, I keep pumping your stock, I've been doing it for years, don't I mean anything to you?
Billy: Oh, you're the one who gives out my phone number publicly? Do you know how many angry people have called me recently? It's a good thing I have Caller ID or I would have had to talk to them.
GhostRider: Billy, you've got a great company, I've followed it since it was a defense company, then an investment company, then a barbeque store, now an oil company. You are so creative, what's next?
Billy: Next is I hang up on you, anyone who really believes this crap must be a moron...
<END CALL>
Dialing Billy...
Ring, Ring.....
Bagholder: Hello, Billy?
<Silence>
Bagholder: Is this Billy Robinson?
<Silence>
Bagholder: The Billy Robinson that runs CAVU Resources?
<Silence>
Bagholder: Billy, us shareholders want news, we thought this was a real company
<Silence>
Bagholder: I guess there won't be any information from this call, will there?
Billy: Do you want that pizza with or without pepperoni?
<End Call>
Mario, CAVR sold stock to private investors and then pumped it with a PR campaign so they could dump. Companies like this one do it all the time to raise money. The ones that lose, of course, are unsuspecting retail people like yourself.
Still down 75% since beginning of the year, nice PR campaign, at least for the insiders who dumped.
CAVR down almost 75% in the past month.
I sure can't wait for more press releases, they sure do work...
anyone who still had dreams of wealth after the stock was halted in October has to have an IQ of less than 50. All Dufus had to do to pull off his scam and not leave shareholders high and dry was be nice to the SEC and answer their questions, it would have taken them months or years to figure out it was all made up and no one would have really been hurt.
0.10
and falling
fast
these are great points except for one thing: all of the people involved are morons. All they knew how to do was promote. None of them knew how to close anything, even a door.
If they had any brains they would have simply kept the SEC at bay by answering questions and making appearances as needed, it would have soon dropped off the enforcement radar screen, they would have sold all their shares, the shareholders would have gotten out when they got out, and all would have been forgotten. Instead, they threw gasoline on the barely burning leaves and turned it into a disaster.
So full of crap.
He's always been a scamming piece of crap, CSHD was just another stop along the way to sharing a cell with Bubba. He just had some extra help at making stuff up at CSHD like Sabra and Alexander along with Horton and Benson's nonsense.
He was accused of the same thing at his prior company, I guess he was set up there as well:
On February 20, 2003, Paul Rufus Harris and Ben Stanley provided a "100 million Insurance Bond" to the dot com BBAN (Broadband Wireless) in exchange for 20 Million shares and 3 board seats.
A lawsuit filed by directors appointed by the Bankruptcy judge in 2004 alleged the Insurance Bond was a worthless Philipine document, and had already been "sold" twice before. Harris and Stanley were alleged to have backdated the stock receipt to August 2002 to avoid 144 rule filings, and have sold the stock.
In a move similar to the Georgia Aerospace dispute, Harris and Stanley dismissed the Bankruptcy directors and claimed ownership of the corporation in May 2004. Eventually, the lawsuit stripped them of this pretension.
Harris and Stanley were members in good standing of BBAN in late summer 2003, when a 5,600 acre timber deed (valued at$ 31 MM) was reported as a asset donated by Stanley, and a 20 million dollar bond offering was announced by Harris. A later SEC filing by BBAN discounted the timber deed as non-income producing and wrote it down to worthless.
stoxx finally has some others who think this company might make them some money. After all these years of posting ridiculous comments about things getting better you would think he would know better.
Unfortunately, that will never happen, the only thing Billy is any good at is slinging bs and raising money. When you have to PR a private placement sale under $50,000 in a business that requires hundreds of millions of dollars to scale anything close to a profitable company long term you know the only thing that will ever happen is continued dilution up to and beyond the 600,000,000 authorized shares.
what a great plan, pump the crap out of the stock, get hundreds of unsuspecting people to throw their hard earned money into the promises, file completely bogus financial statements, make all kinds of promises, have almost everyone lose everything practically overnight, and then let the company have its registration revoked.
yeah, Griff, that is a great plan, it looks like the hallucenigenics all of you are taking have really done their job.
there were others involved who are scammers and liars (including Alexander, Dabbs, Perley, Arlitt, etc, etc, etc) but that doesn't make Dufus, Stanley, Horton, and Benson any less culpable. They are the ones that falsified the filings and signed them. For that, Dufus, Stanley and Horton will be convicted and face what is hopefully very long jail sentences. Maybe Horton will turn on Cousin Ben and Dufus and really nail both of them, they completely deserve it.
The Balland of Roofie:
Come and listen to my story about a man named Roof
A poor scamming hustler who was lying about it all
Then one day he was chugging at some brews
And up through the crowd come the bubblin’ fools
Sabra and Mike Alexander, what a pair.
Well the first thing you know ole’ Roof’s a CEO
BSing all the shareholders about everything you know
Said I’ll make y’all richer than anyone below
$15 a share ain’t nothin’ but it’s a guarantee
And he lied through his teeth about bonds and the rest.
3 years later and Roofie’s on the run
The shareholders got stung and think he is a bum
He can’t afford an attorney and it’s time to pay
We can only hope the courts put him and Ben away.
LAST TRADE 0.10
THAT'S ALL YOU NEED TO KNOW.
Dufus, Stanley, and Horton are going to jail, hopefully for a long time. Anyone who reads the indictment and has knowledge of the events knows they will be found guilty. There were many others who profited in Georgia from this scam-one of them is dead, one is still out there scamming people, and more will probably get off becaue this indictment has nothing to do with Fronthaul.
Nothing, however, no matter what the jail sentence, can repay the people who did their due diligence and lost both money and their lives. For that we can only hope that Dufus and Stanley never see the light of day again.
Still 0.10, what a rocketship...
Last Price 0.10
Stoxx is wrong for the millionth time...
Bid .10
Ask .40
Volume 0
Last Trade 10/23/2009, 100 shares
What a great stock.
Last Price .40
bid .10
Ask .40
Volume 100 shares
I guess Stoxx needed to spend that $4 plus the trade fee to make himself feel good. Nice job, sport.
like that's going to make a difference, sport. If it did you would be pumping the crap out of it, just like you did when the reverse merger was announced.
Don't have to wait for a week:
$0.10
Presplit equivalent=$0.10/250= $0.0004
That's a far cry from the $5 a share you claimed was on the horizon in June, maybe you should find another stock to pump, you might do better.
Still 0.15, 0.0006 pre reverse split.
0.15 and dropping like a rock...
.16/250= 0.0006
that appears to be lower than the pre split price, I guess this wasn't a great play, was it?