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To: Patchie who wrote (96182)10/19/2006 10:52:13 AM
From: StockDung  Respond to of 122087
 
Some R1m stolen in internet fraud

Thu, 19 Oct 2006

Port Elizabeth has experienced a drastic increase in internet fraud with over R1-million stolen from private bank accounts in the past month, police said on Thursday.

The private details were recorded at internet cafes with "keylogging software" placed on computers, Superintendent Rhoda Rheeder of the police commercial branch told Sapa.

"It's a new type of crime with the software being used. It's definitely a problem," she said.

Ten cases had been reported, and syndicates were believed to be behind the theft. No arrests had been made.

The private information was later downloaded and funds transferred to fraudulent bank accounts and then withdrawn, police spokesman Johann van Greunen said in a statement.

The police appealed to the public to use personal computers where possible and to be cautious when using public machines.

Sapa



To: Patchie who wrote (96182)10/19/2006 1:40:46 PM
From: StockDung  Respond to of 122087
 
HERB GREEN NOMINATES PATRICK BYRNE AS THIS YEARS WORST CEO:
===================================================

OSTK, , ) Patrick Byrne.
My nomination for this year's Worst CEO is Byrne, whose company's performance continues to reflect a leader who spends more time running his mouth than his business. It was just a few weeks ago that he told a radio interviewer that Sen. Richard Shelby, head of the Senate banking committee, "is an absolute gangster."
Though Byrne is my nomination, that doesn't mean others couldn't beat him out.



==============================================
HERB GREENBERG
Bodisen shows how to hype a stock
Commentary: Also, in pursuit of the worst CEO
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By Herb Greenberg, MarketWatch
Last Update: 12:58 PM ET Oct 19, 2006

SAN DIEGO (MarketWatch) -- How do you get a stock to rise 20% in a single day? Simple: If you're Chinese fertilizer manufacturer Bodisen Biotech, you issue a news release that says in several weeks you expect to report "strong year-over-year" revenue and net income for the quarter just ended, but offer no further details.
That's what Bodisen (BBC :
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BBC, , ) did Wednesday as its shares bounced at new multi-month lows of around $8.50 following a stack of insider sales and several critical commentaries in the press, including a not-so-glowing mention here several weeks ago. That's a far cry from the stock's intra-day trading high of $19.85 in early February. It has since been on a choppy ride downward even though sales and earnings, on the surface, have been growing.
Bodisen is one of dozens of Chinese companies that have gone public in recent years in the U.S. via reverse merger, the controversial practice of folding a private company into a public shell.
Enter the glowing earnings-outlook: Aside from hyperbole, however, the only numbers uttered by the company in the release were revenue and net income for last year's third quarter.
Bodisen, you may recall, was mentioned in a column here about Benjamin Wey, president of New York Global Group, who changed his name from Benjamin Wei -- and who pitches himself as a "China expert." See earlier column here.
As Benjamin Wei, he ran afoul of securities regulators on several occasions and was eventually censured from ever again being an investment advisor in the state of Oklahoma.
Subsequently, Wey (as opposed to Wei) became a key voice of Bodisen in the United States, often acting as the company's translator and doing presentations at investor conferences.) After my story ran, pointing out these issues, Bodisen issued a news release saying it had "terminated" its relationship with Wey's firm. It offered no explanation.
It then issued a letter (but not a news release) to its investors rebutting my column. However, it never answered what I considered to be one of the most puzzling of all questions: Why would an 8.6% investment in China Natural Gas by Bodisen produce a "substantial cost savings" from a customer of China Natural Gas? Bodisen would only say the relationship doesn't provide direct cost savings but instead "indirectly reduces our material cost" through a discount from the customer. Why would an investment in one company "indirectly" create a discount form another? The company declined to elaborate.
Wey, meanwhile, responded to my story with a news release giving a "China expert's" view on "unveiling the 'mystery' of U.S.-listed Chinese companies." Aside from it smacking of classic "spin," it was one of a steady stream of releases in recent weeks, one of which trumpeted the naming of Wey as a "distinguished visiting professor" at the China University of Petroleum. It's almost as if Benjamin Wei never existed. We, of course, know better.
And the Worst CEO of the Year is....
The window for nominations for the Worst CEO of the Year is officially open.
Last year's winner (or loser!), as judged by this column, was Take-Two's (TTWO :
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TTWO, , ) Paul Eibeler. He followed Krispy Kreme's (KKD :
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KKD, , ) Scott Livengood from the year before.
Last year's runner up was Overstock's (OSTK :
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OSTK, , ) Patrick Byrne.
My nomination for this year's Worst CEO is Byrne, whose company's performance continues to reflect a leader who spends more time running his mouth than his business. It was just a few weeks ago that he told a radio interviewer that Sen. Richard Shelby, head of the Senate banking committee, "is an absolute gangster."
Though Byrne is my nomination, that doesn't mean others couldn't beat him out. Nominations from readers include Ilia Lekach of Parlux (PARL :
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PARL, , ) because of some bizarre moves the company's made lately; James Tobin of Boston Scientific (BSX :
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BSX, , ) , because of the Guidant acquisition's problems; and Jeff Citron of Vonage (VG :
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VG, , ) thanks to the controversy surrounding its IPO.
This tip: When you submit your nomination, give specific reasons why this person deserves to be named the worst. The more granular regarding a company's fundamentals, the better. You can either email me using the link on my name at the top of this page or posting your answer on my blog. Click here for the blog.
Herb Greenberg is senior columnist for MarketWatch and contributor to CNBC television based in San Diego. He does not own stocks (except for shares of his employer), and he does not sell individual stocks short or invest in hedge funds.



To: Patchie who wrote (96182)10/19/2006 2:30:50 PM
From: StockDung  Respond to of 122087
 
NO AMEX FOR BUD BURRELL"

PVTM -- Private Trading Systems, Inc.
Com (New)

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

Private Trading Systems, Inc.
15849 North 71st Street, Suite 105
Scottsdale, Arizona 85254

October 2, 2006

Via EDGAR

Mark Webb, Branch Chief
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, D.C. 20549

Re: Private Trading systems, Inc., Registration Statement on Form 10 (File No. 001-32835)

Dear Mr. Webb:

Private Trading Systems, Inc., a Nevada corporation, (the “ Company ”) hereby respectfully requests the withdrawal of its registration statement on Form 10 (File No. 001-32835), originally filed with the Securities and Exchange Commission (“ Commission ”) on March 14, 2006, and amended and filed with the Commission on March 31, 2006.

The Company is requesting that this filing be withdrawn because the Company decided not to pursue the listing of its common stock on the American Stock Exchange at this time.

If you have any questions regarding this request, please contact me at (602) 300-7600.

Sincerely,

/s/ C. Austin Burrell
C. Austin Burrell
Chief Executive Officer



To: Patchie who wrote (96182)10/19/2006 4:11:42 PM
From: StockDung  Respond to of 122087
 
MORE INFO ON BUD BURRELL'S "VIRTUAL OFFICE":

Private Trading Systems, Inc.
15849 North 71st Street, Suite 105
Scottsdale, Arizona 85254
Message 22924932
===============================================
corpoffices.com

As a preferred member of the Alliance Business Centers Network, Corporate Offices provides our clients with over 360 locations worldwide available for use or as additional "Virtual Office" locations. Let us arrange an office or meeting room when your business takes you to another city.

Scottsdale, 15849 N. 71st Street


MAIL PROGRAM

Our Mail Program can benefit companies by providing them with an upscale Oak Brook business address to send and receive mail from, as opposed to a PO box, mail center or home address.

Your private, keyed mailbox is available every day during business hours and the program also includes conference room time.

We also offer full service mail handling, packing, shipping, UPS and FedEx.

64.233.161.104



To: Patchie who wrote (96182)10/20/2006 12:12:08 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
Conversion Solutions tweaks filing, swipes at bashers

Conversion Solutions Holdings Corp (U:CSHDE)
Shares Issued 103,135,657
Last Close CSHD 10/17/2006 $2.02
Friday October 20 2006 - Street Wire

by Lee M. Webb

Conversion Solutions Holdings Corp., a virtually penniless OTC Bulletin Board promotion, has tweaked its recently filed creative annual report with yet another amendment. Meanwhile, Rufus Paul Harris, the semi-literate chief executive officer of the purported multibillion-dollar company, is taking comical swipes at so-called "bashers."

As previously reported by Stockwatch, Conversion Solutions, the product of a recent merger between a grey sheet outfit and The FrontHaul Group Inc., an OTC-BB company, belatedly filed its creative, if deficient, cut-and-paste annual report on Oct. 16.

Within a few hours of filing the report, the company filed an amendment to the Form 10-KSB to clear up some confusion regarding the record date for a proposed forward split or dividend or, as Mr. Harris insists, reset issuance that will see the company cut another 618.8 million shares, if the cockamamie scheme proceeds.

The amended filing did not clear up any of the more serious issues, such as the complete absence of any financial information regarding the company's OTC-BB predecessor, FrontHaul.

Notwithstanding the glaring omissions, inconsistencies and notable sloppiness of Mr. Harris's cut-and-paste creation, the company's cult-like followers were in a tizzy over the filing and a subsequent fluffy news release claiming the company has approximately $7.3-billion in assets and a book value of $70.71 per share. (All amounts are in U.S. dollars.)

Given that the stock is struggling below $2 per share, it is clear that the market does not lend much credence to Mr. Harris's claims.

In any event, with the belated filing and a subsequent amendment submitted, the company's cult-like followers delightedly exclaimed that the "E" appended to the trading symbol flagging Conversion Solutions as delinquent would be removed.

As it turned out, while the U.S. Securities and Exchange Commission (SEC) seems oblivious to the promotion, at least as far as anyone can tell, the Nasdaq Stock Market, which oversees the OTC-BB, found at least some fault with the annual report.

Specifically, Nasdaq recognized that the sloppy cut-and-paste annual report did not include the required auditor's opinion letter. Consequently, the "E" remained appended to the company's stock symbol.

Conversion Solutions filed another amended 10-KSB on Oct. 19 to include the Sept. 28, 2006, opinion letter of accountant Thomas Benson. It is simply a copy of the letter that Mr. Benson signed when he audited the unimpressive financial statements of the grey sheet precursor to Conversion Solutions a few weeks ago.

It remains to be seen whether, in the absence of any apparent interest from the SEC, that letter will satisfy Nasdaq that Conversion Solutions has met its filing requirements.

The letter
Meanwhile, Mr. Harris, the grand pooh-bah of this purported multibillion-dollar promotion is warning Conversion Solutions shareholders to avoid a popular Internet stock chat site, InvestorsHub.com.

Mr. Harris and several of his fellow executives post to Internet chat sites, with HotStockMarket.com being the clear favourite. HotStockMarket.com is home to the company's most devoted cult-like followers, who brook no criticism of Conversion Solutions.

On InvestorsHub, however, the discussion is more freewheeling, though cheerleaders still outnumber the company's critics.

In any case, according to a letter addressed to "All Real shareholders" with the subject line "Professionalism," Mr. Harris thinks that all "real" shareholders of Conversion Solutions should stay away from InvestorsHub.

"It is my recommendation for any longs or real shareholder (sic) to reframe (sic) from reading or posting on Investors Hub," Mr. Harris says in the Oct. 19 letter.

"Investors Hub is a festering pool of frauds and bashers with alternate motives; and it is not friendly to any company," Mr. Harris continues.

"The owner and operators of this site will delete true statements from the CEO and leave false statements from convicted frauds and lies for all to read," the grand-poobah declares.

"If you continue to read Investors Hub do so at your own risk, please reframe (sic) from calling or sending any information post on IHUB to the corporations (sic) Officers," says Mr. Harris.

"This response is posted due to numinous (sic) calls and emails about IHUB fraudulent post," the chief executive officer claims.

"The above statements are fact and not my Opinion," Mr. Harris states.

"Again, it is my recommendation for any longs or real shareholder to reframe (sic) from reading or posting on Investors Hub due the activity of It Owner and operators," he advises again.

"If you choose to continue reading IHUB and want to report fraudulent posting please do so at Fraudonihub@chsd.us," Mr. Harris says after complaining about the "numinous" e-mails and asking investors to "reframe" from sending any information about posts to the company.

"At the appropriate time the corporation will seek by federal order from IHUB owners the IP addresses and registration information of IHUB posters," Mr. Harris declares before signing off with "GODSPEED."

It should be noted that English is not Mr. Harris's second language.

This assault on the "bashers" who post on Investors Hub delights the company's gullible cult-like followers who post on HotStockMarket.com, but Mr. Harris and his admirers may find that threatening legal action may simply draw more critical posters.

In any event, "longs and real shareholders" should be hoping that Mr. Harris's numeracy is more than a cut or two above his literacy.

Meanwhile, with the "E" still appended to its trading symbol, Conversion Solutions traded as low as $1.49 per share before rebounding after the filing of the latest amendment to the annual report to close at $1.85 on Oct. 19.

Stockwatch will continue to follow developments.

Comments regarding this article may be sent to lwebb@stockwatch.com.

(More information regarding Conversion Solutions Holdings Corp. is available in Stockwatch articles published on Oct. 13, 16 and 18, 2006.)

© 2006 Canjex Publishing Ltd.



To: Patchie who wrote (96182)10/20/2006 2:43:30 PM
From: StockDung  Respond to of 122087
 
POOF!! MARK FAULKS CMKX NAKED SHORT SELLING LIE MISSING IN ACTION


theownersgroupinc.com
THESE ORDERS ARE FOR PRE-PUBLISHED PRICING - EXPECT SHIPMENTS IN TIME FOR CHRISTMAS
For the month of October, receive 10% off 10 or more books in the same order for family and friends, or State and Congressional Representatives. Coupon Code is faulk.
Because the book is taking longer than we expected. For the month of October, every book sold will include a free personalized autograph from Mark Faulk.

The Naked Truth: Counterfeiting the American Dream tells the incredible true story of CMKM Diamonds (best known by its trading symbol CMKX), a tiny diamond mining company whose saga began in a small town in Canada, and ended up on the front page in the New York Times financial section.

On September 29, 2007, in article titled “Selling Shares by the Billions to Racing Fans,” the New York Times asked: “Was this stock being traded by crooks? Should the brokers have noticed? How about the regulators, who now charge that the brokers missed ‘red flags’ but may have missed a few themselves?” They went on to say that “CMKM Diamonds never traded for as much as 2 cents a share, and most of the trades were for about a fifth of a penny. But that did not stop one trader from taking in an impressive $53 million. He sold more than 259 billion shares from 2003 to 2005.”

This is the story of a company whose CEO, Urban Casavant, told investors of his hopes to create “a million millionaires,” but whose shareholders were instead led down an uncertain path where at times it’s hard to separate the guilty from the innocent and fact from fiction, a path fueled by rumors, innuendos, and outright lies. The story begins in Canada, moves to Las Vegas, and takes the reader around the world as the author ventures into a web of intrigue, anticipation, and the shadowy world of espionage and fraud. Experience the same emotions that the 50,000 plus shareholders of CMKX experienced on their dizzying roller coaster ride in what was called “The Stock Play of a Lifetime.”

A story of hope, promises, and blind faith fueled by dreams of wealth and riches, The Naked Truth is really a universal metaphor representing the American Dream. Anyone who has ever taken a “leap of faith” in the pursuit of that elusive dream will easily relate to the dizzying range of emotions, from elation to disappointment, and everything in between, that every person who is a part of this saga has been through.
And the story isn’t over yet. With a major investigation still ongoing in the CMKX saga, the ending of this book is still being written, and hopes are still riding high on its outcome. Upon its release, the entire world will know just how big this story really is.
About the author: Mark Faulk is the editor of The Faulking Truth (www.faulkingtruth.com), and has covered the stock market scandal known as “Stockgate” for the past two and a half years.
According to Faulk, " The Naked Truth: Counterfeiting the American Dream in many ways represents the numerous problems that exist in today's stock market system, and is in fact a microcosm of the very issues that The Faulking Truth and other advocates of stock market reform have been fighting for the past few years."



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To: Patchie who wrote (96182)10/24/2006 9:14:03 PM
From: StockDung  Respond to of 122087
 
CSHD Non-Objecting Beneficial Owner (NOBO) List Identifies 75,487,085 in Market Shorts

KENNESAW, Ga., Sept 20, 2006 /PRNewswire-FirstCall via COMTEX/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation announces the following current events have taken place.
The corporation has received the Non-Objecting Beneficial Owner (NOBO) list from ADP Automatic Data Processing Inc. located at 51 Mercedes Way Edgewood, NY 11717.

"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. For anyone carrying shorts and those CVSU shareholders with questions please contact Ben Stanley at our corporate office number, 770-420-8270," stated CEO Rufus Paul Harris.

Ben Stanley, COO, stated, "Our actions have always been to insure the well being of our shareholders. For this reason we are going to work closely with the SEC and all institutional holders to quickly and fairly resolve this issue by September 29, 2006, the last day of certificate exchange."

Sabra Dabbs, EVP of Global Operations, states, "Now all of our attention can be focused on our Humanitarian and Global Business Development efforts."

About Conversion Solutions Holdings Corp

CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.

SOURCE Conversion Solutions Holdings Corp

CONTACT: Ben Stanley, COO of Conversion Solutions Holdings Corp, +1-770-420-8270, Cell,
+1-317-213-7700, or benstanley@aol.com

URL: prnewswire.com
cvsu.us
www.prnewswire.com

Copyright (C) 2006 PR Newswire. All rights reserved.

-0-

KEYWORD: Georgia
INDUSTRY KEYWORD: FIN

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