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Bingo, liable. That's kinda what I alluded to.....
axtually, methinx the Ruf has been taking grammer and speelling lessins from Benbo.....
pork bellies?
how 'bout chitlins? Oh dang, there's no futures market in them? yet?
Have at it, Ruf!!!
It had a big head...
or my hammer was huge....
one or t'other....heh
Right, ole Ruf looks to be well on his way to cornering the bond market. Weehaaaa!!!
Ahh, but you're a CEO that can't even spell lose correctly, or so it seems. But then, maybe you meant for folks to hang "loose" with their investment....
"I a different kind of CEO" So we've noticed.....great grammar as well....
First $15, now $54...Criminy...The street is calling BS on that. I reckon if it takes notice, which I doubt, we'll see $3 soon?
Reset? We'll believe it when we see it.
Heh. I like your style, Ozark!!
They have yet to file anything verifiable. No audited figures.
I've been around the block a few times, mn. Believe me, this story is too sensational to be above board.
I read it.....doesn't mean a thing. Just a bunch of gobbledeegook. No way can they claim $2.6 bn in assets from them. Obviously, the street agrees that Rufus's insanely crazy valuations are bunk.
Mn, I admitted I don't know much about them, but neither do many on this board. But I am capable of cognitive reasoning, and using those abilities and reading what others have to say, leads me to believe that there is no way CSHD can claim all that valuation. Simply put, you can't turn a near penniless company into Fortune 500 size.
I'm no bond expert either, not even close, but I find those suppositions highly doubtful. How can they receive interest on something they don't own...and is owned by many different private parties...that's what that pdf that stocklemon posted showed. Seems to me that is correct, but what do I know.
Bottom line, in this world, getting something for nothing is mighty rare. And that's how these deals appear.
Not too smart.....meaningless with audited numbers and verification of all this bond talk..which is highly unlike to prove out as you all think.
Regardless of how those cases turned out, I'd steer way way clear of any shyster that tried to sell anything that purported to have a 10-1 return in a year or less. The shady world of HYIP's is 100% fraud.
You think??? A big question should be, how can CSHD get soemthing for nothing? How does a cash poor company with no proven assets become worth billions?
Also, aren't the bonds owned in a lot of little pieces by numerous entitites.
Weeelll, duh, dat figgers, eh?
See, I can say eh, eh....I lived in Canadia for three years, eons ago....and love to crash the border in search of powdery slopes and sinewy.......ummmmm .
...mooners...
What's a "Belgium"?
Umm, this Belgian would prolly say, "Whinnieeee":
http://www.ansi.okstate.edu/breeds/horses/belgian/
Dang, this board is fun..and I've only one more post today, after this one.....
Nice idea, nuff, you had me all excited to haul my glass out into the night sky.....
actually i recall that same story circulatin' round da web last summa.......
now how bout if you and Janice mooned over Venus, that I'd like to take pics of......
http://www.arboristsite.com/attachment.php?attachmentid=36197&d=1153108373
http://www.arboristsite.com/attachment.php?attachmentid=37052&d=1155611122
Dat dey were....and CSHD is the current laugher. You aware of it?
Hey gump, I found another desert dirt joke, WNCP.....supposedly oodles o' Pt and Au from tailings....sound familiar? LOL.
ne meither. I'd let her start my chainsaws, but nuttin else....
Geesh, you guys have been having some fun, eh? Potato down the back of his shorts? poor fella.....
Hi nuffy, I'm your crazy treeclimbin' pal....
Hi Janice, nice garden....and pets! remember me from the old days.....WELU, UPCA......
hey, gump...I finally checked out ROK. Niiiicccee!
Nice new photos, I like the bluewater!!
http://i25.photobucket.com/albums/c78/rbtree/Andy1w.jpg
You should be more concerned with the words of your fearless leader, Rufduf. Nary a single one of his has yet to be backed up. What if he does turn out to be the conman that many of us suspect him to be?
Ahh, just read a bit about this company. It appears to be another desert dirt saga. None of the desert dirts have ever produced an ounce of Pt. It simply doesn't exist in the geology., much less from tailings and in values several times richer than any know pgm deposits on earth.
A stinkie non reporting pinkie. Till they show verifiable assays from a reputable lab, I'm gonna call it a potential scam. Just like the still ongoing NMCX and GPGI, and several other scams before it....
Edit, I see they claim to have an oil prospect as well. Haven't looked at that yet.
JJ, it was good to see that you wised up about CSHD....another blatant con.
Nope, that's simply a late print. BB's don't trade AH.
Exactly. This appears to be a blatant attempt at deceit. Fraud will be the operative word if Rufus files a false 10-K.
Nope, with as many lemmings as exist here, interest is still high enough to barely sustain the price. Telling is the fact that the price isn't going up much on news anymore. If all were capable of cognitive reasoning, the price would be back near a dime, imo. It'll return there soon enough if Rufus can't deliver proof of his outlandish claims, or if the SEC steps in.
that deal went sour, or FHAL declined to follow through on it. Too bad, that coulda been cool, and interesting to me, being a residential logger and arborist.
'scuse me for buttin' in, but you're a trusting soul. I would never have faith in any penny stock CEO, 'specially a conman like RufDuf
No, he doesn't know that, nor does anyone. Till Rufus Dufus proves these purported assets, it is all hearsay. So far, the market is telling you there is considerable doubt.
Another question could be, "What if the foundation didn't own the bond in the first place?"
Go back and read the board. Several have posted their thoughts, including thehavenots' dialogues with the banker. and don't knock his effort nor the message, as it is most likely accurate. In other words, all this bond talk by Rufus is a con. There is no way a nearly penniless company could magically be transformed into a multi-billion dollar outfit.
In my unprofessional opinion. but one formed from years of penny stock experience, this is a big an attempted swindle as any.
Best not to count your chickens before they hatch.
If you took delivery of your cert's, then you'll have plenty to toilet paper if and when this crashes into oblivion.
Havenots, thanks for all your leg work. Sad to say, it appears Wall Street Dude knows his stuff. How in the world anyone can imagine a company with little assets could be magicaly transformed into a $2.6 billion co, is beyond me. You can't get something for nothing, and that is what Rufus appears to be trying to do.
Where's the proof? It's all hearsay till you see audited financials, if they are verifiable. Till then, if you all want to think that Rufus can turn water into wine, go for it.
Quit posting irrelevant IRS code...
Dead wrong! see below.
Posted by: schadenfreude
In reply to: bluediamonds who wrote msg# 53137
Date:8/23/2006 1:53:50 PM
Post #of 53283
CFR 26 is an addendum interpretation to the tax code--the code which includes 368. Here's what the IRS says about it:
http://www.irs.gov/taxpros/article/0,,id=98137,00.html
Treasury regulations (26 C.F.R.)--commonly referred to as Federal tax regulations-- pick up where the Internal Revenue Code (IRC) leaves off by providing the official interpretation of the IRC by the U.S. Department of the Treasury.
There is nothing to indicate that IRS 368 or any interpretation in CFR 26 has any influence on the regulations of the SEC or any other governmental body.
Let's look at the section you copied more carefully:
(a) Scope. This section provides rules for computing the basis of a controlling corporation in the stock of a controlled corporation as the result of certain reorganizations involving the stock of the controlling corporation as described in paragraph (b) of this section...
This is about BASIS, not about the market price.
The IRS deals with taxes, not market prices.
If what you and those of us capable of cognitive reasoning have been saying is correct, it is unlikely that a 10-K will be filed. As, for it to be accurate, it would have to show all that has been claimed to be false.
Interesting. Do a search on those companies. Many are either gone or changed. SGGM, for one, was delisted for fraud...it was affiliated with CMKX.
Bingo, Howzie...prepare to be lambasted by the lemmings and kool-aid drinkers.
Another question should be: How can a company with little assets somehow magically be transformed into a multi-billion dollar company? Reminds me of the desert dirt scam, NMCX, which claims to have mineral values that are unheard of... they'd need an alchemist capable of transmuting elements for their outlandish claims to be valid. Same with this developing fraud.
Give it up, foolish one.....of course no one is paying me...for one, I'm only a free member here...I'd hate it see a paycheck based on only being allowed 15 posts a day.
A clue for you for my real business can be found in my user name. that's right, fella, I work for a living.. real work. And pay my employees as much as $40 an hour. My profits dwarf that figure...so why would I need to be paid to "bash" stocks?
Yep, Timothy, and the lemmings took the ball and ran with it, didn't they?
Typical idiotic response.....there has never been any proof that any bashers are paid....pumpers, that is a different story, perhaps.
Nope, I just want the truth revealed here, and soon. I have seen little or no DD that validates ANYTHING RufusDufus has proclaimed. If he is in the wrong, he deserves jail time, as the CEO of WELU got years ago, and the conman who was behind the UPCA fake AIDS cure scam. I helped expose WELU, and got out of UPCA with a profit before the SEC halt, when I realized it was a fraud. This one appears headed down that road. IMO.
I see you're another kool-aid drinker:
"This will be readjusted in price upon filing of the 10k and it won't be at current pps... that is for certain."