If I remember correctly rookiecrd1 is the CEO of a publicly traded company. This post below by him is very insightful and interesting, IMO.
FWIW:
Posted by: rookiecrd1 In reply to: None Date:10/5/2006 11:56:35 PM Post #of 93486
The 2 sides of CSHD
Ok, well I said I was going to make a post sort of putting together all the information I have come by in the last 3 months. So here it goes:
I believe that CSHD in a way has two purposes for Mr. Harris.
#1 To eliminate naked short selling since the SEC seems incapable of doing such
#2 To build a powerhouse corporation capable of funding the projects of the future that any other corporation doesn't have the means or the balls to dive into.
I will now go into each of the 2 "purposes in detail"
#2 To build a powerhouse corporation capable of funding the projects of the future that any other corporation doesn't have the means or the balls to dive into:
If any of you have ever looked at the "future pojects" section of CSHD's homepage, you would see the kind of incredible projects they are trying to get involved in, not to mention the environmental masterpiece of a project in the Amazon that they just pr'ed. Now, a couple questions that keep popping up are: "How are they getting all these bonds?" "Do they own these bonds?" "Are the bonds also a liability?"
Let me try and answer these. If you notice most of the future projects as well as the Amazon deal have environmental and Humanitarian roots. This means they are projects, that although monumental in size would have huge implications on the future of this planet as well as the future of the human race. These projects are so extreme, that any other corporation or even government would hesitate in pursuing. What makes CSHD different? They have the means to get possibly dozens if not hundreds of Organizations (profit and non profit) to come together and either donate money, or take part in profit sharing in exchange for these huge bonds. All the organizatons of the world can come together in one place (that place being CSHD) and fund together the projects of the future. Note that these bonds are mainly from the Humanitarian World Foundation. Now I believe that these Foundations are giving Rufus the bonds in exchannge for both a % of the profits cshd may make, and to be part of these morally correct and humanly responsible projects.
Just putting some of the information we are given together as one.
#1 The Naked Short Elimination:
As many of you know, Rufus has been invovled in a another corporation which was basically killed by naked shorts, BBAN. He has decided to set out on a goal to eliminate the shorting done by these multibillion $ corporations and hedge funds and return the profits to the every day guy like you and I.
How is he going about such a monumental task?
First of all, There is a clear path the shows us he has many connections with congress, and several governmental bodies. Take for example this section of a recent PR:
"Conversion Solutions Holdings Corp (OTC: CSHD) (BULLETIN BOARD: CSHD) , a Delaware Corporation would like to announce that our Chief Executive Officer, Rufus Paul Harris was the recipient of the 2006 Georgia Republican of the Year Award from the Business Advisory Counsel (BAC) a project of the National Republican Congressional Committee (NRCC)."
Now, alone this might just show Rufus has been selected for some award, however if you put the clues together you see it's much bigger then some award. As you can see, he was given this award by the National Republican Congressional Committee. Now if you recall the interview the other night on subpenny radio, Rufus stated "we have congress watching the naked shorting of CSHD".
Put this together with another piece of information we were given: PENN DAVIS MCFARLAND INC being the only institution to buy into this company thus far (this is a big deal since every other company they invested into are on the nasdaq).
Whats so special about PENN DAVIS MCFARLAND INC? They have donated money to the campaign contribultions for the republican party in Suwanee GA:
Political Campaign Contributions from SUWANEE, GA 30024 in 2000
PATTON, ROBERT C ERNST & YOUNG LLP $500 05/05/1999 ERNST & YOUNG POLITICAL ACTION COMMITTEE
PATTON, ROBERT C PENN DAVIS MCFARLAND INC $2,000 05/27/1999 BUSH FOR PRESIDENT INC - Republican
PATTON, ROBERT C PENN DAVIS MCFARLAND INC $1,000 07/06/1999 BUSH-CHENEY 2000 COMPLIANCE COMMITTEE INC - Republican
Now, What if Rufus could also eliminate naked shorting buy buying up some of the legitimate corpations who have had their stock prices drastically reduced due to these terrible acts? What kind of company would be buying up smaller companies at discounts? Thats right, a Holding corpoation like CSHD. Could you imagine the fear naked shorters would have if they short a $1 stock down to 10 cents onyl to have CSHD acquire the company for a 80 cent figure? Big money would be lost by these shorts and they would think twice before jumping onto another ship.
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