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Re: Our-Street post# 117894

Sunday, 10/29/2006 11:35:21 AM

Sunday, October 29, 2006 11:35:21 AM

Post# of 169275
Our-Street I wanted to tell you one more thing.

Last night someone posted a photo that indicated the Venezuelan bonds had a principal amount of 500 million dollars. Apparently there's no one among the HSM accountants (LOL) or the CSHD bond experts (LOL) who know that you value bonds by price (in %) times princpal. These bonds are trading at about 149 at the moment http://www.swx.com/market/quote_chart_en.html?id=US922646AT10USD4
this makes their (balance sheet) value 745 million.

Note: This means the festering pool of frauds raised the book value by over 2.50 per share (LOL).

Note: If Rufus owns these bonds, and they are trading (other people are buying them) that this is a perfect example of Naked Shorting. So if Rufus (and his pumper pals) care about this issue he should get an investigation started (LOL).

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