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anyone can sell a stock. they just have to deliver. even market makers who short a stock have to deliver. when they can't make delivery they are 'bought in' this means that DTC sends out notices to the various firms that they must go out to the street and buy the stock, at whatever the price may be, then whoever is short a stock is no longer short. someone else may be short, but then they have the risk of a buy in as well. now if someone corners a stock, (buys all of it), they have to file a 13D saying they own more than 5% of the stock. if the company buys all the stock back, they have to say that they are doing just that. If there is an offer, (ask) then someone is willing to sell it.
he who sells what isn't hisn must buy it back or go to prison.
if this companies business plan is just to squeeze short sellers than that would explain A LOT. make it so ludicrous that it is nigh high impossible NOT to short it, flaunt rules to make it even more tempting to short it, guarantee stock prices in direct violation of SEC rules, to make it that much MORE tempting, omit 'safe harbor' on their PRs for the icing on the cake. Maybe the intent all along is to squeeze shorts, who knows... but even with 62 million shares outstanding, (not counting the additional convertible shares), its kinda tough to believe.
seems to me they are doing a disservice to the longs.
and does anyone have any thoughts on the absence of the safe harbor statements in the PRs? probably just an oversight i'm sure, but for a BILLION dollar company to just forget that is a little strange.
it doesn't make sense to me, and it also doesn't make sense that cvsu would merge with FHAL share for share when whomever owned cvsu was sitting with 300,000,000 dollars in what rufus says were pretty much government obligations by the state of oregon. I mean if i had 300mil, i'm sure as heck not going to trade it for 6 semi trucks, and a non-functioning website. would you?
my take on it is that if they had more than 9,000 dollars in the bank, it would have been worth a lot more than a share for share exchange with FHAL, who had six semi trucks. and i can't find where it ever even traded.
there is no cvsu pink sheet stock.
i know.. you also never said i was promoting.
i guess they just asked, Can i have 1/2 a billion dollars? please? c'mon... just give it to me, i promise i will be good.
heck, maybe they did.
ok... i am totally fine with that. I have no problem that this was most certainly an overnight thing, a reverse merger into a shell, etc... and if the company says that because they hold the bonds they will have a book value of 21 dollars, (or whatever they say it is), that also is totally fine. but please tell me why if they do hold the bonds, (the UCC security notes, the venezualan bond, and now these lehman brothers notes), why on earth isn't the stock trading for more than a dollar??? and what on earth did they do to get these people to give them these bonds??? that is all i want to know... i'm not bashing, or promoting... i just would like to know that.
i understand, its just like if i hold a mortgage (being the lender), i can sell that mortgage to you if you want to buy it, and i want to sell it. happens all the time. lehman holdings doesn't have anything to do with it. they are just the issuer. they don't care WHO owns the debt. I just can't figure out what CSHD would even have to give the Humanitarian scientific world foundation for the debt. especially that much... thats a HALF a BILLION dollars that is paying around 33,000,000 million in interest a year.
i also have a question in regard to the PR's... How is it that CSHD doesn't have to put a 'safe harbor' statement in their PRs... every company, even pink sheet companies do.. it goes like this....
do they have an exemption?
This press release contains forward-looking statements. All such
forward-looking statements are, by necessity, only estimates of future results
and actual results achieved by (company name)may differ materially from these
statements due to a number of factors. Any forward-looking statements speak
only as of the date made. Statements made in this document that are not purely
historical are forward-looking statements, including any statements as to
beliefs, plans, expectations, or intentions regarding the future. Risk factors
that may cause results to differ from projections include, without limitation,
loss of customers, inadequate capital, competition, loss of key executives,
declining prices, and other economic factors. (company name) assumes no
obligations to update these forward-looking statements to reflect actual
results, changes in assumptions or changes in other factors affecting such
statements. You should independently investigate and fully understand all risks
before making investment decisions.
the audited financials dissapeared off the website. i guess they are just updating them.
well certainly there must be some consideration. I would think a shareholder would be entitled to find out. when a government or an entity issues a bond they get the principal amount of the bond. and they pay interest on that bond. so if someone owns an entire issue of a bond, and they give it to CSHD to use as they see fit, surely, but surely, there would be something in return? right? But aside from a mortgage and some bank services charges CSHD seems to have no debt. i'm not an expert on bond financing, but i'm pretty sure someone just doesn't show up with a billion dollars for nothing.
It absolutely amazes me that this company can go from having pretty much nothing to over ONE BILLION dollars in assets in less than three months. that is 1 thousand 1 million dollars. it boggles the mind. my mind anyway. That is much more than most companies that trade on NASDAQ are worth. That is a huge amount of money.
How did the World Humanitarian and Scientific Foundation get 1/2 a billion dollars in bonds? I know there are huge charitable foundations, so assuming they own this bond, what are they getting out of it by giving it to CSHD?
great minds think alike i guess. they even have the same backgrounds on the webpage.
ok, thanks... so it is clear that www.samgrp.com copied www.cvsu.us OR they both just happened to have the exact same idea and expressed it in the same words.
Thank you for clearing that up for me.
ok... i must be reading it incorrectly,.... www.samgrp.com was registered in june of 2005, and www.cvsu.us was registered in november of 2005. Right?
www.samgrp.com
Last Updated by Registrar: .US REGISTRAR L.L.C.
Domain Registration Date: Thu Jun 09 19:59:14 GMT 2005
Domain Expiration Date: Mon Jun 08 23:59:59 GMT 2015
Domain Last Updated Date: Thu Jun 09 19:59:40 GMT 2005
ok... i must be reading it incorrectly,.... www.samgrp.com was registered in june of 2005, and www.cvsu.us was registered in november of 2005. Right?
www.samgrp.com
Last Updated by Registrar: .US REGISTRAR L.L.C.
Domain Registration Date: Thu Jun 09 19:59:14 GMT 2005
Domain Expiration Date: Mon Jun 08 23:59:59 GMT 2015
Domain Last Updated Date: Thu Jun 09 19:59:40 GMT 2005
i am confused about something. RPH responded to our-street, and pointed out that this www.samgrp.com copied off of CVSU.
ok, fine i think... imitation is the sincerest form of flattery. but then i checked the whois database.
here is www.samgrp.com
Domain Name: SAMGRP.COM
Registrar: TUCOWS INC.
Whois Server: whois.opensrs.net
Referral URL: http://domainhelp.tucows.com
Name Server: NS2.FASTDNS.NET
Name Server: NS1.FASTDNS.NET
Status: ACTIVE
EPP Status: ok
Updated Date: 03-Nov-2005
Creation Date: 02-Nov-2005
Expiration Date: 02-Nov-2007
here is www.cvsu.us
Domain Name: CVSU.US
Domain ID: D7912282-US
Sponsoring Registrar: .US REGISTRAR L.L.C.
Domain Status: clientTransferProhibited
Registrant ID: 39096528
Registrant Name: Songwi Trust
Registrant Organization: Songwi Trust
Registrant Address1: P.O. Box 1402
Registrant City: Adairsville
Registrant State/Province: GA
Registrant Postal Code: 30103
Registrant Country: United States
Registrant Country Code: US
Registrant Phone Number: +1.6782557650
Registrant Facsimile Number: +1.4043939824
Registrant Email: no.valid.email@worldnic.com
Registrant Application Purpose: P1
Registrant Nexus Category: C32/US
Administrative Contact ID: 39096528
Administrative Contact Name: Songwi Trust
Administrative Contact Organization: Songwi Trust
Administrative Contact Address1: P.O. Box 1402
Administrative Contact City: Adairsville
Administrative Contact State/Province: GA
Administrative Contact Postal Code: 30103
Administrative Contact Country: United States
Administrative Contact Country Code: US
Administrative Contact Phone Number: +1.6782557650
Administrative Contact Facsimile Number: +1.4043939824
Administrative Contact Email: no.valid.email@worldnic.com
Administrative Application Purpose: P1
Administrative Nexus Category: C32/US
Billing Contact ID: 39096529
Billing Contact Name: Rufus Harris
Billing Contact Organization: Conversion Solutions, Inc.
Billing Contact Address1: P.O. Box 1402
Billing Contact City: Adairsville
Billing Contact State/Province: GA
Billing Contact Postal Code: 30103
Billing Contact Country: United States
Billing Contact Country Code: US
Billing Contact Phone Number: +1.6782557650
Billing Contact Facsimile Number: +1.4043939824
Billing Contact Email: harris@cvsu.us
Technical Contact ID: 39096528
Technical Contact Name: Songwi Trust
Technical Contact Organization: Songwi Trust
Technical Contact Address1: P.O. Box 1402
Technical Contact City: Adairsville
Technical Contact State/Province: GA
Technical Contact Postal Code: 30103
Technical Contact Country: United States
Technical Contact Country Code: US
Technical Contact Phone Number: +1.6782557650
Technical Contact Facsimile Number: +1.4043939824
Technical Contact Email: no.valid.email@worldnic.com
Technical Application Purpose: P1
Technical Nexus Category: C32/US
Name Server: NS51.WORLDNIC.COM
Name Server: NS52.WORLDNIC.COM
Created by Registrar: .US REGISTRAR L.L.C.
Last Updated by Registrar: .US REGISTRAR L.L.C.
Domain Registration Date: Thu Jun 09 19:59:14 GMT 2005
Domain Expiration Date: Mon Jun 08 23:59:59 GMT 2015
Domain Last Updated Date: Thu Jun 09 19:59:40 GMT 2005
so if CVSU.US was created after who copied who?
where to i sign up to get paid to bash?
this is the biggest ponzi scheme i have ever seen... and thanks to all for enabling me to state my views. I am done here. And whomever gets left holding the bag, please email me, i will comiserate with you. biggestdog420@ectisp.net
plus, who their right mind thinks they can "reset" a price???? nobody 'resets' a price, something is only worth what someone will bid for it... I can offer CSHD at 15, but i cant MAKE someone pay that for it... c'mon.
unaudited. they are just saying that... and what i think has you guys all going about this is the fantasy that you can buy a lottery ticket that hasn't hit, and say "if it hits, i'm worth billions!!!!"
Rufus has some balls, i will give him that.
why am i a POS???? c'mon tell me,, tell me why i am.. is it because i am 'ruining it for everyone'? just because i think that no one entity owns the bonds? why does that make me a peice of shit? am i screwing up your game? dude, or dudette, go on bloomberg, yahoo, or reuters, and see for yourself. they don't own 100% of the bonds, and if that makes a POS for saying it, then you are insulting the entire board. NOT only that, if i am saying something that is untrue or putting out false information, then tell me and EVERYONE else how it is untrue. but to call me a turd is not fair. I thought we were all conversing to make money, not to promote fraud.
in the infamous words of Dr Evil... (austin powers for you kids)..... ONE BILLION DOLLARS. (stated with his pinky picking his lips)
ok... great... so its really emiro corpoartions bonds? FINALLY someone has told me. so how do the shareholders hyptecate these bonds?
I KNOW!!!!!!
lets just keep buying from each other, and its just like musical chairs!!!!
don't worry, when we as shareholders own part of a bankrupt company we can always wait for the 35 million dollars a year interest on the bonds!!!!!
7. Mississippi River Flood Water’s Diversion and Drought Remediation Program
Transporting potential floodwaters from the Mississippi River Flood Basin, via large canals, to lakes and reservoirs throughout the states of Texas, New Mexico and Arizona before the river rises to flood stage.
i read popular science too.
every trade that took place in this security should be rescinded. This is a bunch of horseshit.
people have been screwed in this one. and its not fair that the 'CEO' can get on a public soapbox, and tell people to buy it, and guarantee a 15 dollar price.
It just ain't right.
these guys aren't scamming,,, they are trying to jam everyone up at DTC, and effect a short squeeze, and trying to get the sheep to believe they are worth almost a billion dollars... its plain as day. Where I have a problem is i think they are defrauding you guys by saying they 'hold' this 500,000,000 dollar bond. even if someone did deposit this bond with them for safekeeping, (which i doubt), it is readily apparant that whomever did doesn't own the entire issue. so how can they say on thier website that they have 35M in 'interest "recivable"... (heck, they could at least give investors the courtesy of correct spelling).
I have been in the business of trading for 25 years, and this is the most fraudulent thing I have ever seen. What really makes me mad is the idea that someone can get away with it. why wasn't I doing it?
I feel this is a huge failure on the part of the regulatory authorities.
i just want to talk to someone about this bond... and the UCC bonds... hell if they are holding it for someone i want to talk about the possible money laundering, the short selling of the bond, (the fact that others own part of this issue), and how in fact they got it. all i want. come on, some one step up to the plate.
ok, everyone...
now please, just please tell me if anyone has figured out to sell the brooklyn bridge... as rufus would say... how to i hypthecate teh brooklyn bridge? and BTW... the bloomberg sheet tells it all to me.. if these guys get ALL theses bonds to hypthecate, what are the guys from T-Rowe price going to say about that, and who is going to pay the interest????????
Posted by: Slayton
In reply to: xlr8rs who wrote msg# 39096 Date:8/12/2006 12:16:13 AM
Post #of 39120
Slayton: Three quick questions for you: (1) What credentials do you possess that gives you the confidence you have in the opinions you have stated; (2) Why such concern at this late date; and (3) What alias have you posted under previously?
1) none.
2) my concern is that people are going to get screwed.
3) none.
4) my interest comes from my increduality at the audacity of these people to (apparantly successfully so far) pull this off.
i'm just simply amazed.
i don't want to ruin anything for anyone... i'm just saying c'mon here now.. this is just so far out there its crazy. I mean who even has the ENTIRE issue of the bond to lend to this company? I suppose someone could have shorted it to them, and done that for no money with an agreement that the company would never take delivery of the bond... but EVEN that being the case, how can they redeem the bond, or borrow against it... --- I mean who in the heck is going to lend them the money on it??? i doubt wells fargo would.
what is a membermark? seriously... i do now know what that is.
Slayton: Three quick questions for you: (1) What credentials do you possess that gives you the confidence you have in the opinions you have stated; (2) Why such concern at this late date; and (3) What alias have you posted under previously?
1) none.
2) my concern is that people are going to get screwed.
3) none.
4) my interest comes from my increduality at the audacity of these people to (apparantly successfully so far) pull this off.
i'm just simply amazed.
why would you say that???? am i wrong in what i say?
i'm being called names? cool!
its just a name change. just because you change the color of the stock certificates does not change the company.
I CAN'T TAKE IT ANYMORE... thousands of posts, and i'm not sure any one of you know what you are talking about.
This is what is going on here. This is very simple.
I am not long or short this stock, and i'm not going to buy or sell it.
These guys are trying to one thing and one thing only. Effect a short squeeze. THAT is all they care about. Ok, fine then you may say, so what? Well the reason they are trying to do this is to make money off a ponzi scheme. And if it works, you may say, so what?. if you say that you are putting yourself into the same mentality they are in. But aside from that, take a look at it seriously.
1) Hypothecation of a bond (or any asset) means The pledging of securities or other assets as collateral to secure a loan, such as a debit balance in a margin account.
--- so probably most of you have hypothecated your homes which simply means you have a mortgage. You can't just go to the bank and get a check when you mortgage your neighbor's house. You have to prove to the bank that you are in fact the owner of the house, i.e. title insurance, mortgage insurance, title search, etc. In other words you have to buy the house before you can hypothecate it in order to get the credit, and in MOST cases it has to be paid for. RIGHT???? SERIOUSLY that is the way it is.
2) NOBODY, but NOBODY goes from having 9,000 dollars in the bank to suddenly having a 1/2 BILLION dollar government bond. It just doesn't happen. I can't get anyone to give me 50 bucks, so do you really think someone is just going to GIVE these guys a 1/2 BILLION dollars?????? I don't care if your the darn Pope. NOBODY just gives ANYONE a 1/2 BILLION dollars. That is 500,000,000 dollars. Folks, the last time that happened is when they bought the continent from the indians for some beads. If ANYTHING, if someone did give them a 1/2 billion dollar bond to hold onto, (like if someone depostited it with them for safe keeping, do you REALLY think they are just going to sit back and let them cash it out with some promise of future payback??? do ya? if you think that I would like to deposit with you the Brooklyn Bridge, and you can hypothecate it all you want.
3) UCC Security Notes. That doesn't mean anything. UCC means, Uniform Commercial Code. Set of laws regulating commercial transactions, especially ones involving the sale of goods and secured transactions. It also means a promissary note. That means the same thing if i were to get all of you here to promise to give me 5000 dollars each sometime in the unspecified future, I could say that I was in the possession of a 380,000,000 dollar asset that i can just go to my local bank with and pledge as collateral, and walk away with a big fat check. NOW SERIOUSLY? DO YOU REALLY THINK THAT MIGHT BE THE CASE????? I hearby promise each and every person who reads this the GOLDEN GATE BRIDGE. Its real, email me and i will send you a picture.
4) Joint Ventures.... My favorite is RUNBYLOVE... if ANYONE can tell me where i can buy a CD, i will personally send you 100 dollars. I really want one.
5) Future Projects.... My favorite one is Mississippi flood remediation enabled by building a canal through texas so as to take the excess water to Arizona. First of all thats gonna take one hell of a digger. Second of all... *sigh* well seriously people... do ya really think that could happen? do ya?
6) I say we just call a spade a spade here. If ya all want to buy stock from one another, and try to enrich each other in the process, well fine. I don't have any problem with that. have at it. heck it might even work. but at least call it for what it is, because it's certainly not investing in a progressive company with real assets and a plan.
7) whoever heard of a CEO laughing at his shareholders and being evasive? I have heard many CEO conference calls, ON A REAL TELEPHONE SYSTEM i might add, and not one of them ever acted like this guy did.
8) my only interest in this is because of my increduality. And i hate to see people just get ripped.
I'm not bashing, i'm not pumping, I just can't take what i'm seeing here without saying something.
Thanks.