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Re: The Shadow post# 150402

Wednesday, 06/20/2007 10:21:25 AM

Wednesday, June 20, 2007 10:21:25 AM

Post# of 169277
Where we are today:

1 - Yes, the SEC charged CSHD/Rufus after a lot of questioning for material, facts, and explaination from Rufus and Ben. Also after statements from bond owners and representatives from Duetche bank whom have no idea what Rufus was talking about. Rufus scoffed at the SEC so of course they halted the stock. It would have been good if Rufus told us that he had not planned on working with the SEC BEFORE the halt.

2 - Several SHC members advised that Rufus was voted out BECAUSE he wasn't obtaining legal counsel nor working to get us out of this mess. In other words, Rufus certainly had the responsibility to act but he failed to do so. I don't believe the man even tried.

3 - IMO, the whole CEO swap was smoke and mirrors. You would think that if CSHD did own what was claimed, MA or JA would NOT have stepped down so easily. Especially if it was a hostel swap.

4 - If Rufus is saying "I'm new, the previous regime should have handled the inquiries..." then he's lying again. Also if he said that, my prediction is getting closer being that Rufus will claim to be the victim. He had plenty of time to act on behalf of the company and simply failed to do so.

Regarding the SEC hasn't come up with anything yet, read my first point again and view the complaint with the declarations. The SEC is making it quite clear that they aren't dropping any of the complaints.
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