Wednesday, November 15, 2006

CSHD Update VI - Rufus is Back!

Rufus is back guys.

IMO - this means:
* we go back to OTCBB
* sec has completed bond validation & thus rufus is allowed to be back in as the CEO
* we only move up into Bright Green territory from here

Fasten your seatbelts, we're going flat up in the CSHD roller coaster according to me.

Booyah!

P.S: Keep an eye on Jim Cramer's top picks for this week on Mad Money - MA (Master Card), TM (Toyota Motors) and NYX (NYSE Group). I like these three based on Cramer's DD. Do your own DD as I'm doing mine.

Friday, November 10, 2006

CSHD Update V

Wow, is this stock a "spinning wheel" roller coaster ride or what? You feel like you're at the top one day, but a few seconds later, you realize you're at the bottom. However, you do see that the top is only a couple seconds away. I hope to not get out at the bottom like the spinning wheel though. Just kidding.

So, what has changed since I last updated you guys:
1. Rufus Paul Harris (RPH) has resigned or been voted out of the board. RPH on SubPennyRadio said someone in his board gave some document to SEC that he had never seen before. Nobody stepped up in the board to claim who did it, so Rufus resigned. The company's update to shareholders says Rufus was voted out of the board. Either ways, it is my understanding that the company is still in good terms with Rufus.
2. Since Rufus left, Mike Alexander (MA), the CEO of FHAL has taken the driver seat as the CEO. Apparently, according to posts I read on HSM, the company had filed documents properly in Georgia but is registered in Delaware. Thus, Mike Alexander is creating his board all over again and has appointed Romeo Venditti as Executive Vice President of Global Investments so far. There are no other board of directors at this time.
3. According to RPH on SubPennyRadio (SPR), 10Q is due on Nov 15, 2006.
4. The court date on Nov 7 didn't happen. Instead, investors who went to Atlanta were taken out to a BBQ with Mike Alexander, Ben Stanley and RPH. It is my understanding that Rufus and CSHD have both signed injunctions and given the judge has given the SEC 30 more days to investigate.
5. The stock is trading in grey market around $0.50

My Analysis
* I understand that in grey market, there's no market maker, so price here doesn't make much sense to me. Also, I don't believe a stock in grey market can be shorted. Shorts may be covering here, but the volume has been average the last few days, which doesn't confirm if shorts are covering.
* I believe strong believers are using this as an opportunity to buy.
* For people who are averaged at $2, if we get 6 additional shares, then your average becomes $0.286. This is given the fact that the company will still respect the 6 additional shares offer and file the appropriate filings to make that happen.
* If SEC finds any fraud against the company in regards to the bonds, i'd treat this company as any penny stock out there. However, if the bonds are real, these prices are way too cheap. If you've done your DD, you either believe in the bonds or you don't.

Walk away till there's a PR or till the 10Q comes out. That's what I'm doing.

Sunday, November 05, 2006

Walmart --- Never Again

I'm about to share a personal experience at a Walmart store nearby. My background - I don't shop much, but when i do need something, i first find what I want and once i find it, i look for the best prices. I went to Walmart yesterday to get these paper expandable paper organizers that other stores like Target, etc don't have.

So, I go in, find my items, all that is fine and dandy. I go to checkout and what I saw made me so furious that I have no words to describe it. There was one checkout line open, which took care of customers with less than 14 items and it was backed up and if I went to that line, I'd be standing behind 10 people in line. So, I looked around and to my surprise, that was the only checkout line open and 4 other lines were open for self checkout, each with 8 people waiting. So I went and stood in the self-checkout line. I was really mad as this is not good customer service - I saw people working there were roaming around, but no one at the cash register. The self-service line couldn't move either because this admin guy was the bottleneck as most people were getting stuck and there was one admin for 4 lanes. The lines barely moved and I saw a lot of people wanted to teach Walmart a lesson so they left and said Walmart must realize that this is not good customer service, so they lost the sale. I was very tempted to do that, but I knew I couldn't find this item anywhere nearby so I stuck around.

Finally, to my surprise, one guy came and opened a new register, so I ran to the front of that line, but I was second, by the time I got there. The lady in front of me put all her stuff on the belt and the guy was logging in, etc. When he tried to scan the first item, he realized that lane didn't work so he moved us to another lane, yet again an example of bad customer service, but I'm ok with that.

Finally, my turn came and I asked the guy why this is happening and he told me, the person scheduling is calling 20 people in the morning, but very few in the afternoon and this was Saturday afternoon - they should expect a lot of people.

I was one dissatisfied customer. I will never be a Walmart shareholder and will restrict buying from walmart.

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