Replies to post #153863 on Conversion Solutions Holdings (fka CSHD)

[Creamtrader]

Can you post the stockdiesel DD for us?

[Investorman]

You are misinformed. You need to learn how the court system works.

Entry Default means his answer to the complaint was late!

It doesn't mean anything of the sort. It means that RPH didn't respond in a timely manner and now the court has entered the default and RPH has lost. The only thing remaining is for the court to decide on remedies which may include any of the things the SEC requested including monetary damages, a bar against serving as an office or director, or disgorgement.

There will be no jury trial nor evidentiary hearing on the facts of the case. The only hearing that might be held at this point would be one to determine penalities.

Time to accept that it is over.

[TEX]

Apparently you didn't read the ruling: Harris asked for the default to be set aside; the court said no.

[TheFraudStopper]

In sum, the Court concludes that Defendant Harris was well aware of the seriousness of this action but nonetheless waited nearly five months after the Clerk entered default against him to respond to the Complaint. Defendant has offered no explanation for this lengthy delay. The Court, having considered the grounds for setting aside the default raised by Defendant Harris and having considered the factors addressed in the Compania decision, concludes that Defendant Harris has failed to establish that good cause exists for setting aside the entry of default in this case. Accordingly, the Court hereby DENIES the motion to set aside the default.

Some sheep may be smarter than others, but they are all still sheep and sheep are still exceptionally stupid animals.