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Due Dilly:
This thread on SI contains much or most of the independently verifiable filed information on this situation.
http://www.siliconinvestor.com/subject.aspx?subjectid=56712
The info gets lost on this thread's 45,000 posts - the SI one has only 400, and the last 200 or more are not really due diligence.
I would like to know who deleted my post and on what grounds. Please have the decency to reply decently.
I am sorry for the honest decent people here who are losing money.
Without financial agenda, I and others tried to inform folks about the many gigantic red flags in this stock.
Unfortunately, we were met by a barrage of personal attacks and continued misinformation of all kinds.
You may decide to think that I am lying.... but as events unfold, look back upon earlier posts by us 'warners' and see how close to the mark they were.
Some of the posters here I have watched for many years, and their track record of accurate predictions is outstanding.
Whether or not some 'warners' have a financial agenda is pretty well irrelevant - the wise question is whether they are right more often than wrong, and whether there is something to be learned so as to avoid losing money in the future.
Again, I'm sorry you are losing money, and I hope the future works out better for you.
And yes, the stock could bounce, but I guarantee you it's not worth $1 or even $.50 long term.
Peter
Thank you. My faith is restored.
Bob, is it customary and appropriate on investorshub for TOU complaints to receive no action and no reply?
What is an appropriate amount of time to wait for reply?
I'm getting tired of being libeled over and over again.
Thanks, Peter
There's a significant difference between posting things that are true versus things that are false, wouldn't you agree?
Your stock is down 20% today to .68. I've been posting about how it is not worth its price since it was $1.25 or whatever.
Who is it smarter to listen to?
You repeat those lies so many times country boy. What sort of person would do that?
Why don't you address the facts about the stock rather than lies about me?
That is mis-information, colt, and a personal attack containing falsehoods. Extremely ungentlemanly.
Do you think of yourself as a decent person?
There is no real short information until it's published by the NASD. The rest of that 'information' on the internet is pure BS. Particularly that buy-ins.net website run by that stock pumper fellow.
Yes, I agree with that.
But what can an honest man do when he is accused of dishonesty by anonymous people?
And is that data, as of August 15, now published?
"Firms are required to report their short positions as of settlement on the 15th of each month, or the preceding business day if the 15th is not a business day. The reports must be filed by the second business day after the reporting settlement date. The Product Deployment and Support area compiles the short interest data and provides it for publication on the 8th business day after the reporting settlement date."
There is so much you don't know, young man. Open your mind, so at least you may learn to benefit your own future. That is the choice you have, to become a better person, or to become bitter.
I already do know. There is no 16 million short, and if there was there would be no way to know it.
Stop the lies and the BS.
I am proud of my past, and I am proud of my present. I am an honest person.
The 16 million short is just more BS and that's why you back it up with NADA.
Where do you get this 16 million shorted number?
I think that's not true and can't be demonstrated with any confidence.
After being attacked and abused for weeks, sir, it's natural for people to extract a bit of flesh here at the end.
Respect is a two way street.
So you have a ten year old brother which means you are some snot-nosed kid who knows nothing yet talks trash to people who have 30 years experience in the stock market.
Who is the smart one here?
It's well known that the SEC has been implicated as part of the basher/naked short selling cabal, along with their associates, the Wall Street market makers and the Cosa Nostra.
Don't bother looking at the SEC for real evidence. Ask Rufus, he'll tell you.
Matt, I sent you a PM about a week ago on this subject, but I'm sure you get inundated.
I am concerned about a particular poster's continuing personal attacks against skeptics who post non-personal questions and verifiable information on the CSHD board.
"In essence, a personal attack is attacking a person, rather than a person's ideas. The written word provides wide latitude for the most fervent of debates: efforts to short-cut the debate process by attempting to discredit or disparage a person rather than a person's ideas usually fall into the personal attack category."
Would you mind taking a look at these posts among others, and perhaps speaking with the poster in question if you feel it's warranted. I'm seriously bothered by the repeating of libelous remarks against myself. Thanks... Peter
I've filtered out the repeats:
http://investorshub.com/boards/read_msg.asp?message_id=12628019
http://investorshub.com/boards/read_msg.asp?message_id=12679017
http://investorshub.com/boards/read_msg.asp?message_id=12653928
http://investorshub.com/boards/read_msg.asp?message_id=12637418
http://investorshub.com/boards/read_msg.asp?message_id=12629837
http://investorshub.com/boards/read_msg.asp?message_id=12628421
http://investorshub.com/boards/read_msg.asp?message_id=12517699
The drop off in price (with increased volume) didn't come until at least an hour after the stocklemon report came out. I had the sense that it was a single large holder deciding to sell a lot of shares. But that's speculation.
In any case, I was lucky enough to buy a bunch at an average of 5.10 or so, and then started unloading that near the close of trading at 5.88.
http://www.mwmarketmovers.com/pdf/Falcon.pdf
Link to an earlier pump about FNGC, a company with the same principal person as TNEN, Massimiliano Pozzoni.
By the way, you can find copies of the merger agreement too if you search for a series of words.
From TNEN 8k filing, August 11, 2006
ITEM 8.01 OTHER EVENTS
We have recently been made aware that promotional articles written by Scott S. Fraser respecting us, our operations, and predictions concerning the future price of our common stock have been published in the Elite Stock Market Advisory and The Natural Contrarian. We have no relationship with Mr. Fraser, the Elite Stock Market Advisory, The Natural Contrarian, or anyone affiliated with Mr. Fraser, the Elite Stock Market Advisory, The Natural Contrarian, or the articles, past or present, and have not engaged Mr. Fraser, the Elite Stock Market Advisory, The Natural Contrarian, or any other person to prepare such articles. Further, we have never approved, authorized or endorsed such articles. Other persons may have published similar articles on us or may publish similar articles in the future without our knowledge, authorization or approval. Accordingly, our shareholders, together with prospective investors and all persons looking to learn about us, our prospects, and our present and proposed operations, should not rely on such persons, publications or articles. In evaluating us and our prospects, reliance should be placed on the periodic and other filings we make with the Securities and Exchange Commission.
Glad you are making dough.
That's amazing to see in print, bones.
Half the posts on this thread are violations of that.
CVSU's audited financials - latest available as of September 30, 2005.
here they are: (sorry the formatting is so bad)
CONVERSION SOLUTIONS, INC.
Balance Sheet
3rd Quarter Report
July 1 to September 30, 2005
(unaudited)
Sep 30, 05
ASSETS
Current Assets
Checking/Saving
Washington Mutal Business 213,139.18
Total Checking/Savings 213,139.18
Total Current Assets 213,139.18
Fixed Assets
Stables
Original Cost 277,000.00
Total Stables 277,000.00
Total Fixed Assets 277,000.00
TOTAL ASSETS 490,139.18
____
LIABILITIES & EQUITY
Equity
Capital 460,500.00
Opening Balance Equity 277,000.00
Net Income -247,360.00
Total Equity 490,139.18
TOTAL LIABILITIES & EQUITY 490,139.18
LOL, must be because I use Opera as my browser. Sometimes weird stuff happens. Thanks
For those who believe this is relevant, Pink Sheets .com will not even display a quote for CCDX, the stock for which Kenneth Macdonald is the CEO and Paul Taylor is the chairman.
This is related to the site that Penny Stock Trader showed us about naked shorting or somesuch.
http://www.sys-con.com/read/193873.htm
CCDX -- Concorde Resources Corp.
Com ($0.001)(New)
Primary Venue: Pink Sheets
Pink Sheets believes adequate current information must be publicly available during any period that the issuer or affiliates of the issuer are directly or indirectly engaged in promotional activities having the effect of encouraging trading of the issuer's securities in the OTC market. Pink Sheets has observed that such promotional activities are occurring for this security, but that adequate current information may not be available. Consequently, Pink Sheets has removed the quotes from this website until such information is made available by the issuer to the investing community. Investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page.
Help make the SEC expose unsolicited email and fax spammers. For more information, see: Pink Sheets Proposes New SEC Rule Concerning Stock Promotion Activities.
Search for Dun & Bradstreet reports on this company.
Penny Stock, do you get that weird popup with no way to get rid of it on that site. Is there some way to read it?
Well, that's a laugh. Several folks have been slandered here. No enforcement, despite PM's to Matt. C'est la site.
Les,
RPH has said many things in the last month which have turned out to be un-true. Many statements have been withdrawn or revised.
Why would you believe that particular statement, when it goes contrary to general filing and accounting rules?
An audit in a 10K will be for the fiscal year period, which ended June 30. Certainly additional information can be included if the Company wishes to include it, so what you say could turn out to be true. It's not required in a 10K though.
In any case, I wish you well.
Peter
When I search google for Emiro Holdings I find only this one PR involving Conversion Solutions.
Quite similar to that Caracas Group re the bond. Just nothing there.
____________________________________________________________
KENNESAW, Ga., May 29, 2006/ -- Conversion Solutions, Inc. (OTC: CVSU) announces that during the SB-2 filing process the following current events have taken place.
CVSU would like to announce the signing of a Joint Venture and Funds Management agreement with Emiro Holdings Corporation, a Canadian Corporation. This agreement brings the ability and use of credit derivatives such as a credit default swap or total return swap allowing the corporation to tender its assets for securitization.
Emiro Holdings Corporation will manage all European Funds for CVSU and facilitate the relationships that CVSU will need for large market debentures. The term of this Agreement shall be five (5) years, with mutually agreeable renewals up to another five (5) years.
Under the contract CVSU will receive $20,000,000 in initial capital.
"We have also received an offer for an additional 3 billion in Global and Euro Bonds from the Caracas Group and the Board is currently making the necessary arrangement for receipt and securitization." stated CEO Rufus Paul Harris.
http://www.investorshub.com/boards/read_msg.asp?message_id=12540134
FHAL (now CSHD) fiscal year ended June 30, so they owe an annual report, a 10K, by September 30.
I think that the reverse merger company - not the shell but the one that merged into the shell - has to publish its financials in an 8k within 60 days of the reverse merger, but I'm not as clear on that issue.
I've always been stunned that those numbers don't have to be in at the time of the reverse merger, because without them, the stock trades for 60 days with no numbers at all. One of the reasons scammers love reverse mergers.
Then again, the Pink Sheets go on and on with no numbers at all.
Ignoring the insults, Rick, some folks are just interested in stocks and the stock market.
I am interested in this situation because it is so exaggerated and crazy. I admit to wasting my time posting about it though.
I don't believe so. CVSU is irrelevant to FHAL, prior to June 30.
Thanks for civil conversation.
How do you put that line under your post and have the copy of the one you are replying to?
"Peter, wouldn't a reputable auditor demand the prior information to make a seamless audit? jmo
jig"
jigfish, the irony of the 10K is that it could come out and reveal nothing about the questions we've been asking. The audit would be of FHAL at June 30, prior to the combination with CVSU.
What we are truly looking for is an audit of CVSU, which supposedly already exists but is not being shared with the public stockholders.
There are some numbers posted on the old CVSU website purported to be audited financials, but no footnotes, audit opinion, or auditors name.
Peter
Are you getting that spam with the fake sender names and the text is just an image, not actual text?
"You must be a loser or a basher"
I could be both!!
Hey, but to try to be civil in response to an uncivil remark...
#1 I am watching the kids who are watching TV..
#2 I never did like going out to the bars or restaurants for a bunch of small talk
This notion that anyone posting on a message board is a loser has got to be pretty insulting to thousands of people who you haven't ever met and know nothing about.
Also, apologies to the several people who have identified themselves. They have a perfect right not to of course, in any case.
Sir:
#1. I have no financial interest in this stock. I was short and was bought in about two weeks ago.
#2. I continue to post and read because this stock represents, in my opinion, the most exaggerated violations of securities laws in some time - despite the impotent SEC doing nothing about it.
#3. You work very hard at discrediting me, the messenger, but I am not the subject of this board nor am I trying to have people invest money with me. The board is about CSHD and whether or not people should invest.
#4. Speak to the issues about the company, not the issues, such as they are or are not, about Our-Street or myself.
#5. I have never been indicted, convicted or accused in any formal way by any law enforcement authority anywhere. The people who know me will say I am one of the most ethical people around.
#6. My 'association' with Elgindy was being a paying member of his website/chatroom, along with 200 - 300 other people, and as being one of only two people willing to testify.
#7. I testified because I wanted the truth to be known, I had no attorney and was terribly unprepared for the methods used by Federal Prosecutors in court. I was tongue-tied and embarrassed myself. I never should have volunteered to testify.
#8. Everyone should do their own due diligence and always seek independent verification of any so-called facts posted on a message board.
#9. I will bet anyone here $100,000 that this stock will be under $1 in 6 months, after adjusting for reverse splits. Find a lawyer we can agree to act as escrow agent or whatever, and we're on - assuming that's legal to do.
#10. I believe, but cannot prove, that you are paid to make posting so unpleasant for those posting negative infomation, that they discontinue posting.
#11. I wish you well, as I would anyone.