Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
um... but wait! amazon log deal? trillions in carbon credits?... what about the price promise?
surely these shares are worth 15, right?
the best I have ever seen
wow... NOW THATS AN INTELLIGENT POST! learn from it people.
its all about the net money...
changing the color of the certs does not change the value of the stock.
anyone here would benefit by reading this book...
reminiscences of a stock operator
it's entertaining, short, and explains many many things.
its also 70 some odd years old.
where can i find a copy of the 10KSB?
but there are more shares out there to buy.
but doesn't that just increase the short amount in accordance with increasing the long amount?
he is right... it most certainly could be tradable,
but it doesn't change the value of the issue.
yes, I was incorrect... please accept my apologies, and here is my amended post.... (bold is my corrections)
according the company....
The ratio of share issuance will use the following formula ($15.00 divided by the Actual Closing Price on October 30, 2006 (x) minus Actual Closing Price on October 30, 2006) (15 / X - X).
a split is a split... and the only way to get the price higher, (not the value) is to reverse split. If they forward split, the price is going to open the next trading day in accordance with the increased number of shares on the market.
if you have 1000 shares, and they 1 for 5, then you have 200 shares at 5 times your cost basis. In the case of a 1 for 5 reverse split.
if you have 1000 shares, and they 5 for 1, then you have 5000 shares at 20% of your cost basis. In the case of a 5 for 1 forward split.
so your money you have in the stock is still the same. and the rub is so is everyone elses. 100 shares of a 2 dollar stock is worth the same as 200 shares of a 1 dollar stock.
and its exactly visa versa if you are short the stock.
all a naked short means is that they didn't borrow the stock to sell it. it doesn't mean they don't owe a stock dividend to whomever they sold them to.
he who sells what isn't hisn' must buy it back or go to prisn'
they still have to deliver.
according the company....
The ratio of share issuance will use the following formula ($15.00 divided by the Actual Closing Price on October 30, 2006 (x) minus Actual Closing Price on October 30, 2006) (15 / X - X).
a split is a split... and the only way to get the price higher, (not the value) is to reverse split. If they forward split, the price is going to open the next trading day in accordance with the increased number of shares on the market.
if you have 1000 shares, and they 1 for 5, then you have 200 shares at 5 times your cost basis. In the case of a 1 for 5 forward split.
if you have 1000 shares, and they 5 for 1, then you have 5000 shares at 20% of your cost basis. In the case of a 5 for 1 reverse split.
so your money you have in the stock is still the same. and the rub is so is everyone elses. 100 shares of a 2 dollar stock is worth the same as 200 shares of a 1 dollar stock.
and its exactly visa versa if you are short the stock.
if you have 1000 shares at 2, and they declare a 5 for one forward split, you are now going to have 5000 shares at .40 cents.
your not going to be able to keep selling them at 2.
ok.. I just got home a little while ago, so I apologize in advance if I am late to the board....
The Corporation hereby chooses option (c) to reset the Share value to an equivalent of $15.00 by issuing additional shares to each shareholder of record as of the close of business on October 30, 2006 10 business days from the filing of this form 10-KSB. The ratio of share issuance will use the following formula ($15.00 divided by the Actual Closing Price on October 30, 2006 (x) minus Actual Closing Price on October 30, 2006) (15 / X - X).
-- this is my question... why would I buy shares from the comany, (i.e. the company issuing stock) for 6.53 assuming a closing price of 1.80?
Taser did a lot of forward splits too.
pretty soon the stock couldn't get out of its own way.
Maybe they will announce a 1 for 9 reverse split... on X day the stock would open at 16.20 based on todays closing price. YAYYYYY!!!!!!!!!!!!!!!!! TOLD YA TOLD YA!!!!
um, wait... so if someone is short 10000 at 1.80, then they would have a cost of 18,000 dollars. If they had to pay 16.20 to cover those shares they are going to get hurt, right?
YAYYY YAYYYY!!!!!! SHORT SQUEEZE!!!! TO DA MOON!!!!!!
um, wait... um, they only have to 1,111 shares????? whats that you say? BUT WHAT ABOUT THE OTHER 8889 they sold short?
AIR SHARES... NEKKID SHORTS!!!! MARKET MAKER WALK DOWNS!!!!
YAYYY YAYYYY!!!!!!!!!!!!!!
um, wait... the longs only have 1,111 to sell now if they were previously long 10000.
oh, .. hmm... well YAYYY ANYWAY!!!! RUNBYLOVE! 15 BILLION DOLLARS IN ASSETS!!! 500,000,000 MILLION IN THE BANK!!!!
---- Can i interest you in a nice ham steak?
oh, ok, thanks.... They are probably debating the acquisition of the rain forest.
changing the color of the stock certificates does not change the value of those certificates. It doesn't matter if you pay a dividend, do a reverse split, a forward split, or a stock dividend. the price will change sure, but the value stays the same as it was.
This is one of the most basic things about the stock market.
did they file the 10k?
if there is actually a 10k, i'm going to be quite interested in how they explain some of these things,,,, particularly the bonds... how they can add billions of dollars to book value starting from nothing is beyond me....
tell you what,,,, you promise me you will sell me GE, ALL OF IT, and i will list that as an asset,, bucause after all you said you would. Now when I list it as an asset, that will make my stock go up because the SEC will see the error in the market making ways and just tell them they have to bid 15 dollars for my stock.
IF THEY DON'T... I WILL HOLD THE MARKET MAKING WORLD RESPONSIBLE FOR ONE MILLION DOLLARS!!!!!! OR I WILL LASER THEM FROM MY MOON BASES!!!!
oh.. um i meant .... 5 BILLION DOLLARS!!!!! yeah... sorry.
I find it interesting that none of the 'bashers' make personal attacks on the 'longs'. As far as I can see, anyone who has been termed a 'basher' has just asked questions and pointed out discrepencies.
In fact, I was termed a 'basher' when I asked why the 17 million dollar interest payment from the bonds was not publicized. I was told that I was crazy if i thought the company would publicize every little interest payment. But the only reason i asked was because they saw it fit to publicize the partnership with Seko management who has a 50% interest in the international sensation, 'RUNBYLOVE'.... and I just wanted a T-shirt.
BTW... has anyone been able to find a RUNBYLOVE T-shirt yet?
you know... if i held 5 billion dollars in a bond issue
would I deposit them with Rufus so he could margin them and split the proceeds from a joint venture with him.. hmmm... probably not...
NOW IF, Rufus paid me 400,000 dollars for my promise to get the bonds to him when he needed to margin them to fund seko management and the international sensation, RUNBYLOVE, I might think about it. I wouldn't even have to own the bonds, and IF he ever did call them from me, all I have to do is go buy them in the open market. But I would rest assured with the thought that the chances of building canals through Texas are pretty darn slim.
All that aside,,, I'm still wondering where the 17 million dollar cash infusion to the company is. (from the interest payment in august on the 500,000,000 in bonds.)
Has anyone asked Rufus, or Ben that? If so, I would be very interest in the response. Thanks in advance.
that is bashing?
so if i say its highly unlikely that this company is going to build moon bases, or build canals through texas to send excess floodwater to arizona, or build and maintain undersea nuclear power plants, that means i'm bashing?
have you wondered why that may be?
read the 8k... carefully.
i've been in this business 20+ years. its the most amazing i have ever seen.
genius actually.. especially the timing. end of year.. authorities are already tied up on other things... quick.. (4 months)... patient.. (started this thing in 2004)... pure genius...
um dood... nobody gives anyone anything for nothing.. especially not a promise to share 50 percent profits with the international sensation Zed K.
OR a promise to replant the rain forest.
besides that... these people don't even own those bonds.
give me a break.
um... what the f*$k are you talking about?
is it a reportable material event if Rufas moves to Costa Rica?
just curious. thanks to anyone in the know.
oh, come on now... he probably meant that 'someone sold those bonds'.... like venezuala or somthin like dat... and yes there is 500,000,000 of cash sitting in a bank in Europe...
it just belongs to someone else
this guy don't know what he is all talkin about IMO....
RUFUS SAID SO! thats all we need!!!!!
http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-608041-U:CSHD&symbol=CSHD&ne...
ok, lesnshawn,,, so in other words you don't care what this company does, or how they make money, right? its only if the stock goes up.. no matter what, right? so it doesn't matter if they are going to put outbases on the moon, build canals through texas, run 500 MPH bullet trains, or replant the rain forest? as long as someone of lesser intelligence and more money believes it, and pays you more than what you paid, then all is well?
NOW that folks is stragety!!!!
or is it tragedy?
JUST one question and i will leave you all alone to do whatever you want.
in the 8k it states that the first interest payment from the venezuelan bonds was due in august. has the company booked that payment, and how do they get that payment from the institutions and people who own those bonds?
thats my question.
go rufus... go cshd.. um go cvsu.us and future projects.. etc etc...
oh... i'm sorry... has anyone figured out where to buy a runbylove t-shirt yet?
yes, i know it was 2 questions... i'm sorry...
i will answer... and happy to do so.
the reason people invest in stocks is to own a peice of a company. when that company makes money since they own part of it they are able to participate in it. The reason companies sell stock to the public is for working capital to enable them to fund projects. any investor is just that,,, AN investor.
now there are a lot of people who don't give a donkey's ass what a company does, or how it makes its money, and everyone is totally fine with that. UNTIL they all realize that the appreciation in stock value only comes from demand recycled from previous demand for that demand. then they go on to a more realistic company than actually has a product and prospects... AND i'm not talking about RUNBYLOVE. if you believe in that, more power to them and you. www.runbylove.com dig that crazy music!
cool! send me your paid for stocks, I will margin them, and this way fund my copper project in Indonesia! I will split the proceeds with you 50/50!
wait... you don't really own GE? just a little bit of it?...
hmm.... ok.. no problemo mi amigo.
I promise to pay you 400,000 dollars for you to give me a promise that I can buy the entire company from you.
If you fail to deliver I will reserve the right to purchase some or all of the notes in the open market, and calls for the company to pay fifty-percent of all profits originated from the notes purchases and sale, by the applicable due date, in an amount in the currency or currencies in which the notes are denominated, as specified in the notes equal to the sum of the principal and any applicable interest.
ok,,, great! we got a deal! lets go eat some ham steaks!
munch munch... oh don't worry, we reversed merged into a shell. oh, some dumbass trucking company that thought they could make money coordinating loads out of Rockwall, .. munch munch, good people ya know.. they have a church... yah.. I don't have much stock 'cept what they are going to pay the wattle shareholders,, how many you ask?... no,, munch, its just me.. and this dude i found in indianapolis.. whats that you say??? (laughing with mouth full),,, are you crazy?!?!? i would never actually BUY the bonds from you!.. no no.. don't worry, you won't have to deliver them.. this is just our agreement....
lets go hear some runbylove
now really blue... what are you missing here?
could it be this?
The applicable Declaration Statement (ownership documentation) specifies the transfer of full ownership to the Company from Banco Central De Venezuela, the issuer of the bonds, and insures that the bonds are free and clear of any deductions, charges or fees assessed by the Government of Venezuela. The Certificate of Ownership also identifies the Company as the sole owner, with an effective date of ownership as of March 15, 2006. The ownership documentation has been properly recorded with the State of Georgia securing and perfecting the bonds.
in order for this company to actually own these bonds someone has to buy them. do you think for just one second that someone who owns some of these bonds are just going to say,,, "ok!, i just don't own them anymore" ?????
these guys just bought an option on the bonds... for 400k... (which they haven't even paid for). Thats all.. its even right there in your copy of that post.
um, dood... all notarization means is that documents were signed in front of a witness. other than that it doesn't mean sh#t.
people that own stock in a company should not question management????? just take it on faith?
c'mon, give me a break.
the only facts to look at are in the 8k.. and thats really nothing more than a recycled press release as far as i can tell.
what do you want anyway? this company to do well, or just someone to pay you higher than you paid?
not another acronym.. i can't keep up...
please inform me what SOS means.
thanks.
unbelievable...
just because you change the color of a stock certificate does not mean you change its value.
read reminisces of a stock operator... its a great book, and will shed much light on your trading. and for you people who aren't really into reading, don't worry, its a small book. none of that pesky stuff about reading balance sheets or whatever they call them.
well they didn't announce the interest payment that was payable to them from the information available in the 8k...
* The principal amount of the bonds is $500,000,000 USD with a fixed interest rate of 13.625%, computed on a semi-annual basis. The applicable identification codes are as follows: Common Code - 008975540; CUSIP - 922646AT1; & ISIN Code - US922646AT10. The first interest payment is due on August 8, 2006, in which interest receivable and revenue have been properly accrued, to the holders of the bonds (the Company).
so i guess they don't want to show their hand.
how clever.
*the above paragraph is from the published 8k... not me. thx.
you mean the sell stock to people who are looking for a free ride business plan,,, or the um.. the um.. the well that hype thing for the bonds.. .i mean the using other people's money to margin bonds... um.. no wait the canals through texas built by zed k and his ladies from runbylove...
I'm confused... what business plan?
talk about a diversified company... wow.
cool! send me your paid for stocks, I will margin them, and this way fund my copper project in Indonesia! I will split the proceeds with you 50/50!
wait... you don't really own GE? just a little bit of it?...
hmm.... ok.. no problemo mi amigo.
I promise to pay you 400,000 dollars for you to give me a promise that I can buy the entire company from you.
If you fail to deliver I will reserve the right to purchase some or all of the notes in the open market, and calls for the company to pay fifty-percent of all profits originated from the notes purchases and sale, by the applicable due date, in an amount in the currency or currencies in which the notes are denominated, as specified in the notes equal to the sum of the principal and any applicable interest.
ok,,, great! we got a deal! lets go eat some ham steaks!
munch munch... oh don't worry, we reversed merged into a shell. oh, some dumbass trucking company that thought they could make money coordinating loads out of Rockwall, .. munch munch, good people ya know.. they have a church... yah.. I don't have much stock 'cept what they are going to pay the wattle shareholders,, how many you ask?... no,, munch, its just me.. and this dude i found in indianapolis.. whats that you say??? (laughing with mouth full),,, are you crazy?!?!? i would never actually BUY the bonds from you!.. no no.. don't worry, you won't have to deliver them.. this is just our agreement....
lets go hear some runbylove