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What's 235% more shares than float between friends?

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Posted by:   bobo 9/20/2006 1:59 PM

There is no FTD or naked short selling problem. Repeat after me. There issssss no NSS problem.

You are all just whiners who are angry your stocks didn't go up.

Short selling is a valuable tool to prevent pump and dump scams. If naked short selling happens, it is a case where countering one fraud with another is a good idea.

Does anyone else have a pretty low threshold for these intelligence-insulting examples of the Wall Street/SEC's reasoning?

Our latest installment of "Lying Cheating and Stealing Wall Street Style" is the story of a small, unremarkable company on the OTCBB, which just got in their Non-Objecting Beneficial Owner (NOBO) report from ADP - and guess what? There are 75 million shares accounted for in client accounts, and only 30 million shares in the float!

Wow.

But there is no naked short selling problem. Nope. Two and a half times more shares were sold than exist, but nothing broken in the system. I suppose when you look at Global Links' 27 million shares with only 1.1 million issued, this isn't so bad, but still.

You have to wonder what the hell is going on at the SEC and on Wall Street these days.

Is it not abundantly clear to everyone that can count that the brokers are just printing sales transactions, and then crediting securities entitlements to customer accounts without ever expecting them to be made good? Why not? Who's going to stop them? What penalty are they facing?

Other than the companies who are depressed beyond belief, and the shareholders who paid good money and received NOTHING in return, who's being hurt?

Read the release here. I am not making this up.

So, there's lots of liquidity in this company's shares - as many as you want to buy, and the price NEVER will go up. How is that possible? It's called illegal counterfeiting and fraud. We see it every day. But our regulator is deaf, dumb and blind, and wouldn't know something fundamentally unfair if it fell over it.

Senator Specter, how much more of this do you need to see before a special prosecutor is appointed? Do we need 10 more examples of runaway larceny? 20? 50?

How many companies, like NFI, or OSTK, or NFLX, or TASR, are to be criminally savaged by miscreants, while the SEC ignores the plight of the shareholders and the companies?

JUST HOW GD BAD DOES THIS HAVE TO GET BEFORE YOU ACT, AND DO WHAT YOU KNOW NEEDS TO BE DONE?

When did it become OK to steal investor money, never deliver squat, and keep the proceeds? That is what the evidence clearly shows is happening. Bonuses on Wall Street have never been bigger, and hedge funds are bloated with cash...where do you think all the money came from? How do they do it, year after year, in a flat market with zilch IPO work, and commissions that wouldn't keep a wino in MD 20/20??

Where do you think?

Wall Street is stealing your, and my, money. That's the word for it. Stealing. Simple. They create trades, and don't deliver. It is fraud. It is overt, and they don't ever expect to deliver, because nobody will ever make them. The public are sheep. Idiots that will believe whatever they see on CNBC or read in the WSJ.

How much more of this do we have to see?

Special prosecutor?

Way overdue.
Copyright ©2006 Bob O'Brien
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Comments (40)
Re: What's 235% more shareholders than shares between friends? By Kmart raped victim on 9/20/2006 9:08 PM
Is Edward Lampert in a big pocket at the SEC?
Any "discover" needed there?
Now that might make you really blow a gasket.
Re: What's 235% more shareholders than shares between friends? By Wicked World on 9/20/2006 10:19 PM

Bobo, double check your last sentence in paragraph five. It differs from the article I read. You can delete this post. Thanks.
Re: What's 235% more shareholders than shares between friends? By Jeremiah 9:24 on 9/21/2006 9:49 AM
This company CSHD claims to have over $1b in assets, which may or may not be true (it doesn't matter for our purposes) and about 61m shares outstainding. On their web site they show DTCC numbers vs. ADP's NOBO reports as of September 19 for DTCC and September 13, 2006 for ADP. Check it out, you will see who the apparent scum are by comparing numbers. http://www.cvsu.us/

30,918,339 shares at DTCC, and 106,405,424 shares shown by NOBO's under ADP report. And this is NOBO's, no idea how many OBO's are out there. Surely at least 10% of the shares at DTCC are OBO's.

It appears from the two reports that especially the online brokers just simply take their customers' money and make a journal entry in their customers' accounts... I wonder if they even print the purchases on the tape?
Re: What's 235% more shareholders than shares between friends? By Jumbo on 9/21/2006 10:06 AM
Bob, I think Little Gary screwed up bigtime. He posted something on his blogg that suggests that one of the people who signed to NCANS letter is some type of famous British fraudster, gambler and ex-bond trader.

Some guy named Terry Ramsden.

You should write a blogg about it and put Gary to shame.

I just know this could not be the same person.
Re: What's 235% more shareholders than shares between friends? By bobo on 9/21/2006 10:11 AM
I'm actually not anti-hedge fund. I think most of them are honest, or no more dishonest than the rest of the system. I've always opined that it is maybe 5% of the journalists and hedge funds who are crooks. That actually isn't that high. Maybe even 2%. That would jive with the income streams these guys make. If 2% of 8000-10000, that would be a couple hundred funds. Seems about right. Way fewer than that were able to decimate the thrift industry. And these guys are pros, working with the help of Wall Street's best and brightest.

So I don't revel in one hedge fund's misfortune. Got nothing against them. Got a lot against crooks.
Re: What's 235% more shareholders than shares between friends? By Jumbo on 9/21/2006 1:24 PM
Bob, Little Gary posted it himself on his blogg.
-------------------

This is Bobo. Again, do not libel folks or I am forced to trucate and edit the offending posts. Ditto for posting copywritten material in its entirety. Thanks for the understanding.
Re: What's 235% more shareholders than shares between friends? By Ben Stanley on 9/21/2006 10:49 AM
You forgot to mention the $2.6 billion in bond assets that we brung to the table.
Re: What's 235% more shareholders than shares between friends? By davidn on 9/21/2006 10:51 AM
I admit to some schadenfreude. I got all giggly when I heard hedge funds were going to start going bankrupt.

Stevem, the rubber stamp is a good idea!
Re: What's 235% more shareholders than shares between friends? By bobo on 9/21/2006 11:41 AM
"lilGW's deep powers of analysis are as keen as ever. What a frigging dolt. I mean, really. I should actually allow him to dig his hole even deeper.

"Gee, Gary, do you think it is the same guy? What would that say about the letter if it was? Wow. BTW, what would it say about your ability to think your way out of a piss-soaked paper bag if it turned out that there was more than one Terry Ramsden in the universe, and this one had nothing to do with the one you are making such a big and desperate deal out of? Want to put money on you being a dolt? How much? We can do a dead pool for Gary doltishness. Did Gary call yet one more wrong? Maybe he can catalog his litany of bad calls in a new, un-read by most book? Call it Gary's fabulous flubs, or maybe "I See Dead People?"

Go ahead and post that at his blog.

Rarely do you get an opportunity to watch your adversaries make horses asses out of themselves in full color.
Re: What's 235% more shareholders than shares between friends? By anon on 9/21/2006 11:53 AM
I tried 3 links so far in the anonymous letter to the sec, pasting them in my browser, and none of them worked.

An Error Has Occurred
You specified an invalid action.

http://marketreform.proboards46.com/index.cgi?board=

here are the endings

referencematerialsthread=1158549031
referencematerialsthread=1158549187
referencematerialsaction=displaythread=1158549524
Re: What's 235% more shareholders than shares between friends? By All of them Crooks on 9/21/2006 12:00 PM
I am SHOCKED that you believe most of them are honest. Every day another blog and another scandal and another fine. Get thee to the SAC Capital psychiatrist.
Re: What's 235% more shareholders than shares between friends? By Jumbo on 9/21/2006 12:30 PM
Bob, you have Terry Ransdems phone number when he signed the form to get on the NCANS SEC comment letter. Why dont you call him and confirm its thot the crook Little Gary is talking about and then crush Weiss once and for all?
Re: What's 235% more shareholders than shares between friends? By virakiller on 9/21/2006 12:36 PM
davidn thank you for GREAT idea
i will write on all my money every day stop counterfeiting and put this webpage on bills as well

power to the people
Re: What's 235% more shares than float between friends? By clearthinker on 9/21/2006 6:22 PM
We need some direction from the Senate Judiciary...awfully quiet over there
Re: What's 235% more shares than float between friends? By mhelburn on 9/22/2006 1:16 AM
I am astounded by what appears to be shameless pumping by Rufus. I've not often heard a CEO state how much a share should be worth, or say things that imply the stock will go up. The last two statements by the company reek. Where is the balance sheet that shows the assets? I would be happy to be proven wrong about the company.

My suspicious nature makes me not trust the company promos, but I don't believe anyone should have their stock watered. I feel sorry for the shareholders. If Rufus is honest, it should come out well. I am amazed that he has been able to get so much important information so quickly. It seems this campaign has taken a very short time. Maybe it is longer when one is involved.

Remember.. all of the information we have received has come from Rufus. And I hate to jeopardize our honest efforts and have them tainted by anything. Did he ask for permission to include references to Dr. Byrne's work when he put out his statements?

I'm not trying to add misery to misery for the shareholders of this company, but I smell fish.
Re: What's 235% more shares than float between friends? By bobo on 9/22/2006 1:20 PM
Good points, Mary. I'm neither siding with him, or against him. The only thing I find noteworthy is the massive over-allocation of securities entitlements as compared to genuine shares.

The question as to who is doing all that is not so much my concern. My concern, as always, is why isn't anyone stopping it?
Re: What's 235% more shareholders than shares between friends? By Wicked World on 9/20/2006 10:28 PM
BTW, here's the article I read. May be different from yours as I could not get your link to work.

"The NOBO list has disclosed 75,487,085 (Seventy Five Million Four Hundred Eighty Seven Thousand and Eighty Five) shares above the total free trading shares of 30,918,339 of CSHD. The shares are held by 15,184 (Fifteen Thousand One Hundred and Eighty Four) shareholders to include institutions."

http://biz.yahoo.com/prnews/060920/clw093.html?.v=23
Re: What's 235% more shareholders than shares between friends? By Rufus Paul Harris on 9/20/2006 11:32 PM
Just a few typo's in your post;

Our latest installment of "Lying Cheating and Stealing Wall Street Style" is the story of a small, unremarkable company on the pink sheets, which just got in their Non-Objecting Beneficial Owner (NOBO) report from ADP - and guess what? There are 75 million shareholders, and only 30 million shares!

1.) (OTC BB:CSHD) not Pink Sheet
2.) 75 Million shares above the float of 30 million


Great post.

GODSPEED
Rufus Paul Harris
Chief Executive Officer
Conversion Solutions Holdings Corp
(OTC BB: CSHD)
770-420-8270
Harris@cshd.us
www.cvsu.us
Re: What's 235% more shareholders than shares between friends? By makemoney on 9/21/2006 12:01 AM
I think the easiest way to fix this is to beat them at their own game:

1. Set up the NCAANS fund.

2. NCAANS Fund find stocks at .0001 to act as a shell / dividend magnifier. Don't roll the shell back.

3. Merge that stock with a great dividend producing private company.

4. Pay dividends. For every zillion shares the systems f'ckd the .0001 company, they have to match the dividend.

If they are short 10 times the float, the system amplifies the benefit by 10 times. What if we merge a great company with a piece of sh't naked shorted 10's of thousands of times?

A million dollar dividend could cost them $10 billion.

Rinse and repeat!

This is way faster than lawyers - the counterfeiters have to match counterfeits 1 to 1.

We could have thousands of counterfeit hedge funds amplifying our dividend payments in a couple months as the SECDTCCCORRUPTMEDIA beast screams there is no problem.

It almost becomes a race - how much money can we make using the corrupt SEC system to magnify dividends before they come up with a rule to stop us?
Re: What's 235% more shareholders than shares between friends? By pumpanddumper on 9/21/2006 12:15 AM
It used to be hard for me to make money pumping and dumping. When I went to dump my shares, I had to actually follow SEC volume limits and insider trading reports.

I was limited in how much my penny stock scam could screw the average investor.

Now I can sell infinite volumes from a nominee account. I don't even have to borrow the shares. I can have a tight float like Adnan at MJK had as I piss out infinite counterfeit stock.

The SEC has created a system that is great for us penny stock fraudsters. As long as we create commisions for the SEC's owners' they will let us corrupt insiders sell an infinite number of shares in our pump and dumps.

It's funny. The SEC is all about unemployment and investment loss for honest penny stocks as they assist us fraudsters in counterfeiting infinite amounts of fake stock at the height of our pump.

As long as we make the SEC's owners commissions, they are happy!

It doesn't matter how fraudulent the scam is - as long as it creates commission revenue for the elite that the SEC reports to, they commend the liquidity.
Re: What's 235% more shareholders than shares between friends? By Y on 9/21/2006 1:51 AM
"While hedge funds like Amaranth do not typically disclose the identities of their investors, some became apparent yesterday. Amaranth was a favorite of so-called hedge funds of funds, investment pools that buy into various portfolios to try to minimize risk.

For example, funds of funds operated by Morgan Stanley, Credit Suisse, Bank of New York, Deutsche Bank and Man Investments all had stakes in Amaranth, as of June 30, the most recent figures available. Those holdings, which ranged from 4 percent to 7 percent of the assets of the funds, are worth far less now than their stated values in June. Officials at those funds declined to comment yesterday."

http://www.nytimes.com/2006/09/20/business/20hedge.html?_r=1&ref=business&oref=slogin


FAILED FUND WAS IN PENNY STOCKS
By CHRISTOPHER BYRON
September 20, 2006 -- Amaranth Advisors - the collapsing $9.5 billion Greenwich, Conn., hedge fund - also was a high roller in the crime-infested penny stock market, dumping millions into risky microcap companies and so-called blind pool offerings.

In December of last year, Amaranth lent $5 million to a Chinese fertilizer company, Bodisen Biotech, being promoted to investors by a broker named Benjamin Wei, who left the securities industry after being fined and suspended for allegedly conducting side business with his firm's clients secretly.

Last April, Amaranth converted the loan into 133,333 shares of stock at $7.50 per share and Bodisen filed the necessary paperwork to register and sell the block on Amaranth's behalf.

Yet as of last month, no sale had occurred and the shares apparently continue to sit in Amaranth's portfolio.

Until late May, Amaranth was also a controlling 5.6 percent shareholder in an affiliated Bodisen company called China Natural Gas Inc., which trades at about $3 per share on the Over The Counter market.

The Chinese company began life as a Canadian penny stock called Bullet Environmental Systems, headed by a man named Ross Wilmot, a longtime investment world associate of a notorious one-time European boiler room operator named Altaf Nazerali.

Recent SEC filings show that Amaranth is also a big-time player in the speculative world of blind pool investing. In blind pools, investors buy shares in a startup company that uses the proceeds to invest in something attractive if an opportunity presents itself.

At least one of these blind pools - Argyle Security Acquisition Corp. - has recently been delisted by Nasdaq and now trades on the OTC market. SEC filings indicate that Amaranth owned 9.4 percent of its stock until at least last June.

http://www.nypost.com/business/failed_fund_was_in_penny_stocks_business_christopher_byron.htm
Re: What's 235% more shareholders than shares between friends? By Y on 9/21/2006 2:35 AM
His right-hand man Brian Hunter's name might now be mud in the close-knit world of hedge funds, but just a few months ago he was being hailed as a Wall Street wunderkind for his prowess trading natural gas. According to published reports, SAC Capital burned for Hunter's gas-trading ability so badly that they were willing to guarantee him a $10 million bonus up front to jump ship."
http://investorvillage.com/smbd.asp?mb=971&mn=5211&pt=msg&mid=469084
Re: What's 235% more shareholders than shares between friends? By InTheKNow on 9/21/2006 3:07 AM
The SEC is stacking the deck and getting ready to blame the coming Wall Street blowup on pump and dump penny stocks. What a bunch of lying scumbags and bullshit spewing so-called experts.

Bring on the SPECIAL PROSECUTOR now!
Re: What's 235% more shareholders than shares between friends? By bbhindyou on 9/21/2006 3:49 AM
Make money I like the way you think.
What if the plan you propose works what then?
The rules would have to change if we started playing the game their way and winning.
I am convinced the s.e.c has made it impossible for the little guy to win for a reason.If we figgure out how to win with this set of rules then the game will be called off.
The new game is probably in the works allready just waiting for enough of us to start understanding how this one works before they change everything.
The little guys must not be allowed to win.
If the average guy could win then he MIGHT have the resorces to question authority.
Cant have that.
Keep em too broke and worried to do anything else but try to stay alive.
WORK YOU DOGS WORK.
Don't ever question why you work so hard for so little
And if the dogs work so hard they die young then they won't ever find out the retirement and pensions they worked for don't really exist.
Give us your tired hungry huddled masses thats how we like it thats how we will keep them.
What a great country!
Re: What's 235% more shareholders than shares between friends? By Jumbo on 9/21/2006 1:19 PM
NONPROFIT BOSS' PAST RAISES EYEBROWS
By RODDY BOYD

August 27, 2006 -- Rufus Paul Harris, the CEO of CONVERSION Solutions Holdings Corp., a small Georgia-based holding company, recently predicted his company's stock would soon soar to $15 a share.
Quite a boast for a penny-stock company whose shares closed Friday at 86 cents a share.
Re: What's 235% more shareholders than shares between friends? By Jumbo on 9/21/2006 5:17 AM
Bob, could this be why there are so many milions of shares?


"Furthermore, Georgia's securities regulators tagged Canady's Bayou Tech in 2004 for selling unregistered securities to state residents, according to filings. In June, Missouri regulators charged Canady Holdings with securities fraud related to selling unregistered private placements. "
Re: What's 235% more shareholders than shares between friends? By Y on 9/21/2006 5:19 AM
Wait. I see an easier way to get even.

Market gossip goes high-tech
By Saskia Scholtes in New York
Published: September 20 2006 22:07 | Last updated: September 20 2006 22:07

Market gossip is to take on a more high-tech form thanks to a new automated system that will trawl through more than 40m internet sources – from blogs to regulatory filings – on behalf of hedge funds.

Due for an official launch early next year, the platform is being run by a former Deutsche Bank executive and has received financing from, among others, Draper Fisher Jurvetson, the venture capital firm that backed Skype before it was sold to Ebay for $4.1bn last year. Ten hedge funds are trying out the system.

http://www1.investorvillage.com/smbd.asp?mb=971&mn=5356&pt=msg&mid=478676
Re: What's 235% more shareholders than shares between friends? By newspaper on 9/21/2006 5:21 AM
Ahh NOW I get it thanks Jumbo. If a company has illegal counterfeit shares then it is a SCAM company. And since the NY Post says it’s a scam company its for Wall Street to create tens of millions of illegal fake shares to protect me from this bad bad company.

Crap it is all so clear now!
Re: What's 235% more shareholders than shares between friends? By Jumbo on 9/21/2006 6:21 AM
Looks like Ameritrade may go under.

----------------------------------------------

Conversion Solutions Issues Statement on TD Ameritrade

KENNESAW, Ga., Sept. 13 /PRNewswire-FirstCall/ -- The following statement is being issued by Rufus Paul Harris, Chief Executive Officer of Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation.

Depending on who you speak to, the events of the last thirty days could be the beginning of the end for a trading dynasty. The 'Short' selling of Conversion Solutions Holdings Inc. (OTC Bulletin Board: CSHD) company stock by a once loved and respected trading house may have sealed that company's fate as it is now perceived to specialize in 'Shorting' OTC Bulletin Board stocks.

Short selling of OTCBB stock is legal, and is used by some companies to create liquidity where there is none. Why would a stock be stagnating, you may ask? In some instances anticipation of an upcoming 10K or a price reset might cause a company's share holders to sit tight and hold for a time. Companies that participate in the practice of 'Short' selling either: buy their positions out of the market or go bankrupt.

Conversion Solutions Holdings Inc. has filed 8K documentation, announcing nearly 2.6 billion dollars in assets and yet TD Ameritrade (and their subsidiaries) continue to sell shares they don't own, or have the ability to borrow. TD Ameritrade responds not by buying the stock out of the market, to cover their 'Shorts,' but by refusing their customers their legitimate right to buy more OTC Bulletin Board: CSHD stock. Some Conversion Solutions Holdings Inc. supporters have shared their thoughts and feelings on the forum http://www.hotstockmarket.com, many of whom vow to press litigation against TD Ameritrade for not allowing them to purchase more CSHD stock. This stock has been on regulation SHO for 25 consecutive days and it has been confirmed that it has been 'Shorted' by an objective 'Third Party.' To peruse this information please visit http://www.buyins.net, they assert, 'the 'Shorting' is over...16,000,000 shares with others estimating the 'Shorting' to be as high as 60,000,000.'

Currently, the Company has 62,000,000 shares outstanding, and simple calculations would assess a current book value for this company, as of today, at approximately $41.93 per share. Then the sum, when multiplied by a minimum of 16,000,000 shares shorted, comes to minimum of $670,880,000. A market analyst concludes this stock may be conservatively valuated at 2x its book value ($1,341,760,000) or put another way, about 4 times greater than TD Ameritrade's last year's net profit.

Some of TD Ameritrade's clients are already requesting their stock certificates in fear that TD Ameritrade may go under. They are moving their shares to other trading houses that they believe to be less likely to short this stock.

As Conversion Solutions Holdings Inc. nears its 10K due date (September 30, 2006) its share holders should look positively on the actions of their Chairman and his Board and their corporate wide confidence should be reflected and rewarded by ever increasing share values. Having said that and looking back on the events of the last thirty days I can say with certainty that it should be an interesting, but profitable ride for any person who wants to get on board to make the trip by supporting their company for the long haul.

For additional information concerning 'Short Selling,' please read 'Darkside of the Looking Glass.' by Dr. Patrick Byrne http://www.businessjive.com/nss/darkside.html

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause the actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

SOURCE Conversion Solutions Holdings Corp



Source: PR Newswire (September 13, 2006 - 6:38 PM EST)

News by QuoteMedia
www.quotemedia.com
Re: What's 235% more shareholders than shares between friends? By Sean on 9/21/2006 7:38 AM

http://www.chron.com/disp/story.mpl/ap/fn/4202021.html
Re: What's 235% more shareholders than shares between friends? By Little Bo peep on 9/21/2006 7:43 AM
You guys and gals are something else.

The minds at work here are OOOOOOO..............overwhelming.

OOOOOOOOOme OOOOOOOOOOOOmy

I think our snowball is going to become big enough to
make the worlds largest snowman. I just do not know
how we are going to get Patrick high enough to put the
"tin foil hat" on it.

It will be a struggle for bunny to give up a carrot for his nose.
Re: What's 235% more shareholders than shares between friends? By Dan Gmeinwieser on 9/21/2006 8:18 AM
I DEMAND AN IMMEDIATE INSTALLATION OF A SPECIAL PROSECUTOR AND IMMEDIATE NOTIFICATION TO THE PRESIDENT OF THE UNITED STATES AND HIS IMMEDIATE RESPONSE TO THIS SHAM BESTOWED UPON US BY THOSE WITH CRIMINAL INTENT. NO MORE STALLING ,I DEMAND ACTION NOW. CONTACT ELLIOT SPITZER. HE IS THE POWER . REGARDS, DAN
Re: What's 235% more shareholders than shares between friends? By bobo on 9/21/2006 8:34 AM
Jumbo: The sale of unregistered securities is a serious crime. If insiders or folks affiliated with the company are doing so, and someone like Roddy has anything besides innuendo, I would ask, "Have you contacted the authorities, and notified them of the crime?"

That's the difference between innuendo and fact. You can smear people by making them seem seedy (and don't get me wrong, they could well be seedy) or you can actually say what you mean and back your mouth.

So, again, the ball is moved from the problem (multiples of the float undelivered) to "what a shifty company." Seems like that is always the game. How about we bring it back to, who cares who is doing the bad things - can we agree that bad things are bad? If so, investigate and find out who is doing it. But don't write smear articles when you haven't notified anyone, and all you have is innuendo. I wonder, did Roddy check with the transfer agent to find out if unregistered shares are being traded? If yes, what was the response? If no, why not?

No offense, but if there is evidence of wrongdoing on th company's part, don't smear them. Hang them. With facts. And a guy with a badge and cuffs.

Ditto for the scumbags who create shares out of thin air and them plant crap to create doubt about the companies.

Treat them the same.

Clear?
Re: What's 235% more shareholders than shares between friends? By davidn on 9/21/2006 8:43 AM
And I'll say again, a crappy company run by crappy management doesn't give some criminal the right to send me an IOU for my real money. My belief that the share price is set by an auction market and that I'll receive something in return has nothing to do with the pedigree of the company.
Re: What's 235% more shareholders than shares between friends? By davidn on 9/21/2006 8:52 AM
Every day, I spend five minutes writing "Stop Counterfeiting: http://www.thesanitycheck.com" on the money in my wallet.
Re: What's 235% more shareholders than shares between friends? By That's a Great Idea! on 9/21/2006 9:13 AM
The Money Is The Message!
Re: What's 235% more shareholders than shares between friends? By SteveM on 9/21/2006 9:22 AM
DavidN,

Great idea!!!

"Every day, I spend five minutes writing "Stop Counterfeiting: http://www.thesanitycheck.com" on the money in my wallet."

I am making a rubber stamp to save some time.
Re: What's 235% more shareholders than shares between friends? By Concerned on 9/21/2006 9:25 AM
I want Byrne to start a new public trading market. Naked free. NYSTK it would be better than nasdaq and nyse. Im in.
Re: What's 235% more shareholders than shares between friends? By Schadenfreude on 9/21/2006 9:34 AM
thefreedictionary.com
Pleasure derived from the misfortunes of others.

"The downfall of Amaranth Advisors LLC, which made a bad bet on natural-gas prices that cost it about $4.6 billion this month, is attracting enormous attention. The story was the most-read article ever on Bloomberg News, beating the previous terrorism- inspired record set in November 2001 by the crash of Flight 587 in New York.

Fear and schadenfreude are behind the curiosity in the demise of a company most people had never heard of until this month, and which even at its peak had only $9.2 billion under management. The prurient interest in Amaranth, a second-tier player in a $1.2 trillion industry, suggests a growing unease"

http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_gilbert&sid=aM_Wgq6a0Pag
Re: What's 235% more shareholders than shares between friends? By Little Bo peep on 9/21/2006 9:39 AM
Get your kool-aid made.
Take your seats.
The show is going to start soon.

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