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.
sounds nice oil. you've had a good life thus far. you still believe this is the real deal. you believe CSHD is actually getting the entire issue of those bonds, no question?
merger has not been complete, and they can extend to 10k forever.... sep 30 and then file and extension.. it could be december before we see anything, and then the assets could end up being 9000k in the bank, and everyone is out the county.
are you sniffing markers? 97 mill in only FHAL, now changed to CSHD, the merger is not complete and CVSU stock will not transfer over until the SEC filing is done.
If CVSU stock was transfered now, then you know we would be having real problem. No, we are still just FHAL, except operations have ceaced. We have a company with no earnings, and no assets.
How do you sell something to someone for a dollar that is worth zero? Promise them it will be worth 15 dollars, and keep delaying till they buy the crap out of it.
how did you find that recipe?
sorry dude, the o/s grew from 76 million to 97 million, that's another 20 million someone made of us. The merger is not complete, so the 111 million doesn't exist yet.
How do you sell someone something for a dollar that is worth zero? Tell them they can sell it for 15, than all reason and rationality goes out the window. That was a month ago, and were still buying it for a dollar. That's because now it's worth 25, or 40..........
This stock is a flattliner to zilch.
If this stock tanks I'll be eating that squirrel with grey puepon
I know you miss me semiguy, and really want to read what I am saying. Ignorance is bliss I know. I was fat and sweaty until I invested in CSHD, now I am skinny, and hide under the AC.
in your oppinion it is. in fact, my word has been true and valid all along, besides a squirrel story I told to a basher, I have done nothing to mislead, and I have no agenda --but to ride this stock up, or help people preserve capital if it's a bum deal.
wow, why are so many people shorting this stock?
this is not a joke dude, I have a few people, that I am just making sure they won't lose their life savings in this stock. Otherwise, if this turns north, I'll put money back in, in a second.
I am saying this because they may be able to do securities transaction within the trust that may be overlooked, such as shorting the bonds to CSHD. 1 short, plus 1 long, equals a covered position. Meanwhile the public is paying godzilla amounts of money for the stock.
It's just an idea. Wall Street Dude suggested the shorting bonds part.
I think what the Wall Street Dude was saying, was that the net deposit decribes the bond issue. But no where in the agreement does it say how much of the issue. Net Deposit may not meant the entire issue of the bonds. This is why he was saying this was a clever arrangment and something about how the attorney who wrote it should be put in jail. This was his oppinion not mine. But read further:
This Agreement is issued in connection with a Trust (specified in the Exhibit A) and the purchase of Secured Notes (the "Notes") which are described in section 2 A and which are to be purchased by the Trust pursuant to this agreement.
2A. PURCHASE OF NOTES BY CONVERSION SOLUTIONS, INC.
Conversion Solutions, Inc. may purchase some or all of the Notes in the open market or otherwise at any time, and from time to time. Simultaneously, upon such purchase, (1) the purchased Notes shall, by their terms become mandatory redeemable by the Trust as specified in a related Pricing Supplement, Prospectus Supplement and/or Prospectus and (2) the Fund this Agreement shall be permanently reduced by the same percentage as the principal amount of the Notes so redeemed bears to the sum of (i) the aggregate principal amount of all Notes issued and outstanding immediately prior to such redemption and (ii) the principal amount of the Trust Beneficial Interest related to such Notes. If Conversion Solutions, Inc., in its sole discretion, engages in such open market or other purchases, then the Trust, the Indenture Trustee in respect of Notes and Conversion Solutions, Inc. shall take such actions (including, in the case of Conversion Solutions, Inc., making the payment(s) necessary to effect the Trust's redemption of such Notes) as may be necessary or desirable the cancellation of such Notes by the Trust.
Did someone send that 8k to lawyer?
I told you about it, because they said it in the interview. I am beyond that point now. I want to see documented proof, and reliable interpretation. I am not going to stand and let these people be led down the path with their life saving involved. I get calls daily from people who have everything in this stock, and are scared.
I see your post, clearly, and thank for pointing that out. Wall Street Dude, obviously had a different take. We need someone with real knowledge to independently verify this.
you can it's real, but you are not supplying a source. everytime I tell the board about something that is real, I get ripped a new a-hole. i have enough of them now to start my own golf course.
Dimension, I sent you the bondholder information:
Please help the board with how that information relates to this claim from the SEC filing:
Read this closely again:
DEPOSIT
Conversion Solutions, Inc. agrees to accept, and the Agreement Holder agrees to pay or cause to be paid to Conversion Solutions, Inc., for value on the Effective Date, the Net Deposit (as specified in the Annex). All funds received by Conversion Solutions, Inc. under this Agreement shall become the exclusive property of Conversion Solutions, Inc. and remain a part of Conversion Solutions, Inc.'s general account without any duty or requirement of segregation or separate investment. This Agreement shall become effective only upon the receipt by Conversion Solutions, Inc. or its designee of the Net Deposit and or investment grade securities
ANNEX A
This Annex will become effective as of the Effective Date, subject to the requirements of Section 1.
Net Deposit:
The Net Deposit is 450,000,000 EURO.
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code:
010924251
ISIN:
XS0109242510
BB Number:
EC2377199
Bank and Account: HSBC Bank plc London
I was unable to find a 16 million short quote for CSHD there. Are we sure this is not misinformation?
What other stocks would you suggest?
thank you
I hope CSHD will be on the list
How can we factually verify that there are 16 million shares shorted of CSHD stock? If you can provide this information for me, I may feel differently.
you are paranoid, I want to get back in and be long the stock, I am trying to find enough information to make me do this. But I cannot so far. I held and waited, and listened to Rufus's claims, which never came. Now I am look to find their possible alternative strategy, which possibly includes continuous delays, and promises, while the price keeps trading for a dollar and the company somehow unloads. 60 million restricted shares at a dollar is 60 million dollars. That's not chump change.
I did what you said but could not find direct information on Short surpressing a price. Please provide a link if possible.
I hope you are right, I am just looking for loop holes, to try and cover our bases.
No I am not done covering, I have desided to tell what I think may be the case, without covering it up any longer.
The common law trust is unregulated by the law, and hard to break into to examine. They can short the bonds to CSHD, and sell stock based upon a percieved value. But one short postion plus one long position, equals a covered position. So the public will think that CVSU has all these bond assets, meanwhile they were shorted to them. So between the trust's short position, and CSHD's long position, there is no position in the bonds. But the stock will sell for a lot of money, based on something that is not there.
How is that for a theory?
there is a street in NY, it's called Wall Street. There is a market theory which states that the price of a security shows all relative information related to that security. There is a market phenominon called arbitrage, it's states that if there is a distinct different between two values of the same security, the spread between them will get smaller and smaller.
Therefore, the more the market believes this stock will open at 15 dollars, the closer it will go to that price. The 8K barely moved it. It seems to be going farther away from 15 dollars.
How do you explain this. If Rufus defying the basic principles of finance?
HAVE
good point. I am very unhappy about this situation. very unhappy. I know a lot of people who have their life savings in this stock. I am now determined to figure out what is going on, and to help them get their money out, before it is worth nothing, and they lose their retirement money.
I never said this stock was a scam. Show me one time that I ever said.
All I am saying is how to you get people to buy something that is worth nothing for dollar? By promising they'll get 15 bucks for it real soon.
If CSHD doesn't have the bonds, and CSHD has zero income, and CSHD has no contracts verified by an 8K.
CSHD stock is worth zero. People are buying something worth zero, for a dollar, on a promise it will be worth 15 dollars.
IF this is not the definition of risk, I don't know what is.
HAVE
I think the dollar value for the last month has been based on the AISS venture. I don't think the market believes they have the bonds one way or another.
they have had plenty of time to verify the orginial 800 million in bonds through audited filing. then the stock would be trading at 10 bucks. why are they being so illusive about those assets, we know almost nothing about verifying they really have them.
HAVE
how are the shorts surpressing the price?
I very much wish, what this clearly implies to me true, but why is the price of CSHD not 5 dollars now?
If CSHD just loaded 1 billion in bonds according to that 8K, we would be trading at 5 dollars. Instead the price is sinking.
It is important to know and understand that an organization (such as a common law trust), which has not been created under State authority, generally cannot be regulated, and most State laws (written to effect corporations) have no legal force upon such an organization.
why am I annoying you? because they can cancel the merger in one day, because they found things in FHAL that they didn't know about, and meanwhile they sold all the stock to the public and made millions.
why am I annoying to you because the stock could go to zero in one day from a midnight PR, and everyone will lose all their money and RPH will walk away scott-free. that would make my brain hurt too. especially if I loaded the boat on this one.
HAVE
RPH is next to Bud in IHUB jail.