Replies to post #40351 on Conversion Solutions Holdings (fka CSHD)

[petermic]

Penny Stock, do you get that weird popup with no way to get rid of it on that site. Is there some way to read it?

[oilstrike]

PST: Nice post! Very true, imo

[oilstrike]

This article?
PORT ST. LUCIE, FL -- (MARKET WIRE) -- 03/13/06 -- Concorde Resources Corp. (OTC: CCDE) Chairman Paul Taylor and Director Kenneth Macdonald disclosed to a group of private investors how the so called "Fail to Deliver*" factor can have useful consequences to investors although only when a company's business is sound and management has been able to harness the so named Captured Capital. A name and definition for this type of strategy has been volunteered by Loftwerks Inc. CEO Dennis Ammerman as "Short Seller Captured Capital."

The term *Fail to Deliver, refers to a security sold and exchanged for purchasers' cash but not delivered to purchaser pursuant to Uniform Commercial Code (UCC) Section 8.

For further reading on this subject http://businessjive.com/nss/failureoption.pdf and http://businessjive.com/nss/jdfinnerty050505.pdf

Kenneth Macdonald stated, "In Concorde's case, Insiders and investors employed our beliefs in our business by simply purchasing more shares than we knew were legally available over a sustained period of 14 months, and in some cases removing part or all of the purchased CCDE stock from the DTCC system by successfully calling the certificates, thus reducing the genuine CCDE shares in the DTCC's Cede & Co account to a minimum."

Cede and Co is street title or nominee name for The Depository Trust Company. The world's largest clearinghouse holds shares in its street name for banks, brokers and clearing institutions in order to expedite liquidity.

Kenneth Macdonald continued, "Most of our investors and insiders had already expressed their interest in selling blocks of market purchased shares back to the Company in exchange for debt, preferential equity, or revenue share in future developments. Captured Capital appears to prevent excessive strategic FTD (Strategically 'Fail to Deliver') dilution of the common shareholders' value, although I stress that the fundamentals of the business must be strong, and correctly capitalized throughout, this strategic FTD activity adds an exciting element of stock market clockwork. Almost all successful stock promotion involves greater than historical average trading volume during a campaign. In many ways this strategic FTD ability saves investors from being burned in unscrupulous promotion schemes, the dollar value of such could be staggering without the Market Makers ability to destabilize market prices through the issuance of strategic FTD's. However, most market makers are rarely in the research business. Most allegedly rogue Broker Dealer participants who are the most likely to game the system using strategic FTD's do not read or digest research and rarely perform professional short selling due diligence. Therefore, most have no more than a vague idea what they are trading, especially when there is little or no publicly disseminated information, simply upward momentum and a symbol is enough to excite a rogue market participant(s) and its customer(s)."

Paul Taylor commented, "I am not a conspiracy theorist; however securities sold short in US public markets that haven't got a prayer of being delivered to the buyer are essentially trapped capital that, under the correct circumstances and conditions, could translate into involuntary buying power. It is now widely believed that a grandfathered strategic Failure to Deliver ('FTD') exists in the US capital markets ushered in by the SEC in Jan 2005. Private research and public allegations are emerging that decades of electronic erosion isn't just a bunch of sporadic market makers and their customers performing isolated hedging in response to sudden buying or selling bursts. As many have witnessed, the benevolent act of making a market can turn ugly when a Market Maker (s) and its customer (s) activity shifts from making a fair market to flouting its privileges. The Market Maker and its customers employing strategic FTD's as a trading strategy do so risking the full burden of being caught short, because securities can only fall to zero, they can also rise to infinity, this altruistic act of transferred risk presumably represents Captured Capital. Certainly being caught short is what was on the SEC's mind by allowing a hall pass to the decades of strategic FTD's that were established pre Regulation SHO. When will the investing public know the extent and scope of the 'grandfathered position?' The consensus of this gathering is that the grandfathered FTD's are possibly a brobdingnagian of Captured Capital."

Concorde Resources Corp operates a diversified investment, management and development company.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by CCDE may differ materially from these statements due to a number of factors. CCDE 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.

For Investor Relations:
Blue-Sky Solutions, LLC
Stephanie Soleas
(877)4-BLUE-IR
[e-mail]



Published Mar. 13, 2006
Copyright © 2006 SYS-CON Media. All Rights Reserved.

[petermic]

For those who believe this is relevant, Pink Sheets .com will not even display a quote for CCDX, the stock for which Kenneth Macdonald is the CEO and Paul Taylor is the chairman.

This is related to the site that Penny Stock Trader showed us about naked shorting or somesuch.

http://www.sys-con.com/read/193873.htm

CCDX -- Concorde Resources Corp.
Com ($0.001)(New)
Primary Venue: Pink Sheets

Pink Sheets believes adequate current information must be publicly available during any period that the issuer or affiliates of the issuer are directly or indirectly engaged in promotional activities having the effect of encouraging trading of the issuer's securities in the OTC market. Pink Sheets has observed that such promotional activities are occurring for this security, but that adequate current information may not be available. Consequently, Pink Sheets has removed the quotes from this website until such information is made available by the issuer to the investing community. Investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page.

Help make the SEC expose unsolicited email and fax spammers. For more information, see: Pink Sheets Proposes New SEC Rule Concerning Stock Promotion Activities.

Search for Dun & Bradstreet reports on this company.

[sovereignty42]

Hehe...I love words like this...

http://dictionary.reference.com/browse/brobdingnagian%20
3 entries found for brobdingnagian.
Brob·ding·nag·i·an ( P ) Pronunciation Key (brbdng-ng-n)
adj.
Immense; enormous.


--------------------------------------------------------------------------------
[After Brobdingnag, a country in Gulliver's Travels by Jonathan Swift, where everything was enormous.]

[Download Now or Buy the Book]
Source: The American Heritage® Dictionary of the English

brobdingnagian

Brobdingnagian was Word of the Day on July 1, 1999.


Source: Dictionary.com Word of the Day


brobdingnagian

adj 1: huge; relating to or characteristic of the imaginary country of Brobdingnag [syn: Brobdingnagian] 2: unusually great in size or amount or degree or especially extent or scope; "huge government spending"; "huge country estates"; "huge popular demand for higher education"; "a huge wave"; "the Los Angeles aqueduct winds like an immense snake along the base of the mountains"; "immense numbers of birds"; "at vast (or immense) expense"; "the vast reaches of outer space"; "the vast accumulation of knowledge...which we call civilization"- W.R.Inge [syn: huge, immense, vast, Brobdingnagian]

[Our-Street]

Since Harris is new to this public company stuff and hasn't even mastered basic compliance rules, I am having trouble believeing he has reached that level of complexity. And on the same subject... what ever happened to the old fashion way of protecting shareholders called generating increased real earnings each quarter?