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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?


To: Jim B who wrote (1023)4/27/1998 12:14:00 PM
From: jhild  Read Replies (1) | Respond to of 7491
 
So who are your partners? Are any of them posting here with you?



To: Jim B who wrote (1023)4/27/1998 12:22:00 PM
From: Don Pueblo  Read Replies (2) | Respond to of 7491
 
It's Just My Humble Due Diligence Opinion (Part 1)

Jim, I've done some due diligence, and I wanted to fill you in on what I found. Before I do, I'll let you know that I could go about this in three ways. First, I could assume that you are a pretty intelligent guy, you are honest, you have a degree in Computer Sciences from Texas Wesleyan, and so on; or I could assume you are a smart guy but you are lying on your profile, or thirdly, I could assume you are really stupid. I'm going to choose the honest intelligent Computer Science guy and see where that takes me.

Everything that follows in the next several posts is my personal opinion, also known as IMHO, (in my humble opinion).

We're going to look at Cashco Management, OTC BB: CSHK. What do I have to go on? For starters, I have this thread and the people on it, I have the links on the thread, I have the Internet, and I have the company itself. Since it is a BB stock, I'm going to be cautious. We'll assume I have an investment club called Mr. Mighty Chicken and the Deputy Chickerati. The cover story is that I am a giant chicken from another planet, so I need help from a few humans. I like jokes, satire, and all that. You have a sense of humor, right?

I know that the company will tell me whatever they want, so here is my plan: I'll start my investigation elsewhere and I'll call the company last.

What do we have on the Internet? We have you and some other people that are high on the stock. We have a link to an investment report, another link to another investment report, and that's it.

Let's start with the first link, "stocks4tomorrow". Early on the thread, there are several referrals to this site, but I couldn't get on it last Saturday, so that's a dead end for now.

Next, we have "Global Penny Stocks",

pennystock.com.

Here we have a "special report" that was written for a fee. What do we have of value? The names of the principals of the company, address, etc., the names of the companies that CSHK is buying, and a few other pertinent facts. For now, I'm ignoring the financial data, since this guy George was paid to do the report. We make a note of the salient points in the report, and we go onto the Internet and search.

A search for information on Rhonda pulls up nothing. The report says she is a published author, etc., so that makes no sense. Maybe we will have better luck looking in Canada.

I called a Deputy Chickerati in Canada and asked for help.

He posted me back with this, it's from a pay site in Canada, but there is probably someone handy that can verify it. Here is the source of the report and the URL:

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

and here is the story. You need to read it.

Dimples Group Inc
DDD
Shares issued 8262895
1992-03-02 close $7.25
Thursday Mar 5 1992
Mr J.D. Elliott reports
The company requested a halt in trading on March 2 1992 in order to provide for orderly dissemination of news, news which appeared to the company was in the process of being disseminated in a misleading and disorderly basis by certain parties, including former disgruntled management of the company. The company has previously disclosed its legal proceedings commenced against members of former management including Anthony R. Boyden and Rhonda Maxwell. These proceedings relate generally to financial improprieties and negligent mismanagement on the parts of Boyden and Maxwell and their partner Dr A. Steinberg, while the company's Ontario subsidiary was under their control. Litigation originally began with an action commenced by the company against Boyden, in which the company obtained a court order securing its premises and the contents thereof, and prohibiting Boyden and Maxwell from entering. The order provided further that Boyden and Maxwell were restrained from discussing the affairs of the company and disparaging company management. Boyden and Maxwell have continued to conduct themselves in contravention of this order and, among other lawsuits commenced against them, proceedings are being commenced related to contempt of court.

In September 1991, Boyden pleaded guilty to, and was convicted on a charge of counselling to commit murder, a charge unrelated to the affairs of Dimples. Bail conditions were granted to Boyden and he has since been awaiting sentencing for that conviction.

In December 1991, Boyden was charged with uttering death threats as against J. Douglas Elliott, the chairman of the company and Robert G. Reid, formerly the company's managing director, corporate finance and financial public relations. Mr Elliott was called, amongst others, on behalf of the crown attorney's office, to give evidence in respect of that charge at Boyden's bail hearing. Mr Elliott was cross examined by counsel for Boyden on collateral matters. At the conclusion of this hearing, Boyden's bail was revoked and he was committed to jail. Boyden is currently awaiting trial on these new charges - uttering death threats. Boyden is scheduled to be sentenced for his conviction of the offence of counselling to commit murder on March 10.


In February 1992, upon a complaint by Boyden and Maxwell to authorities, Mr Elliott was charged with giving what is alleged to have been false evidence as to certain collateral matters on Boyden's bail hearing. Mr Elliott has advised the board of directors that Boyden and Maxwell themselves gave false evidence at the bail hearing, and that he has concluded that Boyden's evidence in support of his complaint is most likely false as well. Mr Elliott has instructed counsel to report his findings to the police and to lodge a formal complaint against Boyden and Maxwell.

Mr Elliott has advised the board that he is on the record as denying all allegations of any wrongdoing whatsoever, having taken the position that these allegations are frivolous, malicious, vexatious and abusive and that he will vigorously defend all such accusations. Criminal counsel has been retained, the charge against Mr Elliott has been reviewed and counsel has been instructed to take steps to quash proceedings against Mr Elliott. Mr Elliott is of the opinion that the complaint alleged by Mr Boyden and the steps taken by the policing authorities pursuant thereto, constitute an abuse of process. General counsel has been retained to consider appropriate responding proceedings against Mr Boyden and the policing authorities.

The board of directors are of the opinion that these proceedings are personal between Mr Boyden and Mr Elliott and are not material to the business of the company and do not represent any impediment to the company's operations and Mr Elliott's ability to carry on his responsibilities.

The company has settled its legal proceedings with Dilbagh S. Gujral et al. Pursuant to the terms of this settlement, 100,000 escrow shares have been transferred from Gujral to Robert G. Reid, subject to regulatory approval. The transfer will not result in a change of control. Gujral has applied to the VSE for cancellation of 50,000 escrow shares registered in his name. Gujral has been issued 50,000 shares of the company....


(c) Copyright 1998 Canjex Publishing Ltd.

canada-stockwatch.com

Now, Jim, let's not jump to conclusions. There could be a perfectly logical explanation for this, am I right? We will keep an even head, and remember that it's just my own opinion.



To: Jim B who wrote (1023)4/27/1998 12:28:00 PM
From: Don Pueblo  Read Replies (1) | Respond to of 7491
 
It's Just My Humble Due Diligence Opinion (Part 2)

Death threats, jail time, Vancouver Stock Exchange fiasco, all of that, that's pretty interesting, wouldn't you agree, Jim? It is to me, but remember, it's just my own opinion here.

The name Tony rings a bell;

Message 3622690
Message 3588387

Are the Tony and Rhonda in that news story the same as the Tony and Rhonda at Cashco? If they are, it's a bombshell!

But if they are different people, and we jump to the conclusion that they are the same people, then that's a problem for everyone. Even if they are the same people, we can't automatically assume that there is any current hanky-panky. For all we know, the Cashco Rhonda and Tomy are completely different people, and they go to church and all that. Of course, if they are the same people, it would indicate that you have made a very serious error, IMHO.

So let's drop that line of investigation and leave it to someone else. I have other things that I can look at. I have not called the company at this point, and I suppose that Rhonda or Tony can fill me in on that story and whether or not they are the same people mentioned in the story.

Now my humble opinion has changed. You don't look like an honest, intelligent computer guy now. Now it looks to me like you are either a moron or a liar or both. Nothing personal, this is all just my opinion. Can I be the first chicken on the planet to find this information? I seriously doubt it.

My humble opinion has changed on a whole bunch of stuff, actually. There are a lot of other guys on the thread that are high on CSHK, and there are even guys on other threads that tell me that you have done a great job of due diligence. There are several guys on the CSHK thread that all say the same thing. Maybe I need to really get down and dirty here. This whole thing is starting to look like a scam to me, (IMHO) and it looks to me like you are in the middle of it, Jim. I'm changing my whole tone here, things might start getting ugly, in my own personal opinion.



To: Jim B who wrote (1023)4/27/1998 12:39:00 PM
From: Don Pueblo  Read Replies (1) | Respond to of 7491
 
It's Just My Humble Due Diligence Opinion (Part 3)

Jim, Here is my next step. I want to reassess my humble personal opinion on the companies that CSHK claims they own.

Let's go back to George's report. He mentions two companies. We'll take them one at a time.

First, we have the kitty litter. That's A.R. Brooks and Associates. George, as you saw, really likes this kitty litter. I think he's in the minority, because he's the only person I can find (besides you smart guys on the thread) that ever heard of A.R. Brooks. Now I'm not saying they don't exist, I'm just saying that it's a rumor. I don't know where they are exactly, or even if they are, I just can't find anything on them at all. I found a few other things that sell the exact same kind of kitty litter, but nothing on A.R. Brooks.

And, Jim, you know I even asked on the SI thread and struck out. No help from any of the smart guys at all. No address, no phone, nothing. It's frustrating, I'll tell you that.

The other Cashco company, that's 11th Hour Software. George says in his special report that you can "view a beta version" of this life saving product (just MHO) at the web site,

11th-hoursw.com

...but to me, that looks like a rumor too! (IMHO) All I can "view" today is some bogus under-construction pages that don't work and some really bad spelling. I hate bad spelling anyway, but I really hate it on a Y2K site. "Comming Soon". Wow.

This is not a good thing for any company with the software program that will fix the most infamous glitch facing 20th century technology, am I right? You know I am!

There is one thing that is really interesting about the site though, and I'll get back to it in a minute, but you may want to check that site out quick, because the rumor is that it won't be there very long. Just a rumor, just my personal opinion.

Jim, I'll have to be honest here. I'm not the most sophisticated web surfer on the face of the earth, but it seems to me, and correct me if I'm wrong, that this company ought to have a working web site if they have the Year 2000 Solution ready to roll into the stores. They ought to have a phone number there at the factory or whatever it is. Am I making any sense here? I mean, did George actually look for this beta version before he wrote the report? If he did, then he seems to be in error, IMHO. And if he didn't then he seems to be in error, IMHO. I was finally able to get a little information on 11th Hour Software Productions, but that will be later on in my due diligence. You get my drift, right?

(I got that "drift" comment from a guy named Mark. What a card!)

In his special report, George also mentions "...a binding letter of intent with Merced, Inc., of Palm Beach Gardens, Florida, for the exclusive worldwide license to sell market, and distribute a software program that will fix the most infamous glitch facing 20th century technology..."

I won't get into the picayune stuff like the 11th Hour web site doesn't actually say they can fix "the most infamous glitch facing the 20th century", (I personally think George did a descent job with the material he had to work with) or the fact that if you want to get that glitch fixed maybe you can call the people that make the software directly, or where George gets these revenue numbers he's putting on his special report, because I don't know where he got the numbers and I have not been able to verify them.

What bothers me most, Jim, is that I just can't find anything about this Merced Inc. of Palm Beach Gardens! No address, no phone, nothing. All I have is a web site that has some bad spelling and no software for the Big Fix. Weird, huh? It seems like just another rumor, does it not? Stop me if I'm getting out of line here.

George also mentions some testing of the software that was performed by "Internet FX Design Concepts of Houston Texas". I thought I was on the right track there, because an Internet company always has an Internet site, right?

Wrong! These guys don't. I looked, and a Deputy Chickerati looked real hard. And he is a damn good looker. You can understand my consternation here, I trust. No phone, no address, no web site. Not in Houston, not in Dallas, not in the United States. There are things that come close, but close don't count.

But, Jim, I did not despair! There are guys out there to help me in my hour of need. There are a few guys on the SI thread that appear to me to know a lot more than I do about this stock, and it looks like they want to help us all out. That's just my personal opinion, you know.

We have a few other people that like this stock. Besides you, we have:

JoeTurmaine: Message 4206696

John Chapman: Message 4208914

(He started the thread on a wing and a prayer. Can you follow his train of thought in this post? I'm stumped)

kevinl: Message 4196572

(You know him, right?)

Brady B.: Message 4211376

(A bizarre defense of the word "ethical', huh? Brady is in Texas, maybe he is another one of your partners?)

Big Dog: Message 4209643

(The Dog sounds pretty sharp, right?)

targetzero: Message 4209560

(a nifty marketing concept, hope Rhonda is paying attention)

and finally,

TheBigSur: Message 4208030

(Big Sur" is kind of a lame double entendre, IMHO, but it shows promise. You can see from his profile that he's a new member of SI, but there's a rumor about that too.)

There are a few others, you know them all real well I guess, but you get the point; you guys all seem to know more about all this than I can find out. It can be frustrating not being able to access any information on the company except through the company itself. Well, frustrating for the average ordinary investor, I should say, maybe not to all you guys personally. Of course, I can't speak for you, these are all just my own opinions.



To: Jim B who wrote (1023)4/27/1998 12:51:00 PM
From: Don Pueblo  Read Replies (1) | Respond to of 7491
 
It's Just My Humble Due Diligence Opinion (Part 4)

Jim, it's time for a few more of my own personal opinions.As you know, I e-mailed you for your free "Top Dog" newsletter. I see that you like a few other BB stocks besides this one, and I also see that you sent a cc of your e-mail to me to somebody named "kmlanford".

I'm wondering if this is "kevinl", because you call him a partner in your message to me, and here he is on the CSHK thread along with you! Jim, it makes me wonder who your other two partners are, because it could start seeming like you were all talking to yourselves here, and pretending you don't know each other! Now I wonder if you really did go to Texas Wesleyan and all that stuff it says on your profile. Wild, eh?

So, I got to thinking. I said to myself, "Self, maybe these boys are all a little smarter than they seem here on the thread. Maybe there is a reason why I can't find anything out. Maybe there is something else that I am missing."

And I was right! I did a little poking and pecking around the yard, and I found out all kinds of interesting stuff. I'll share a little of it with you, but I'll take a cue from you and keep all the good stuff to myself for now. This is all rumors, by the way, I can't prove any of it, you'll have to make up your own mind and do your own due diligence before you invest in Cashco Management, OTC: BB CSHK, just like all the other regular guys on the thread.

Here's how it happened. I'm sure you saw that pigeon wander onto the CSHK thread on Saturday last. He was looking for "domains." I know you know what they are, because you are sharp computer science guy, but I had no idea. Make a long story short, another Deputy Chickerati went to work.!

Remember 11th Hour Software? The 11th-hoursf domain is listed as:

11th Hour Software Productions
Billing Contact: Thomas Stinson III (407) 626-6969
Administrative Contact: Scott Howell

E-Mail for Tom and Scott: scott@waltech.com and tom@waltech.com

You can imagine my joy! I finally got something for 11th Hour Software! The waltech domain turns out to be a company called "Wallace Technology Group". I went to their site:

waltech.com

and guess who they have listed on their client list.

Yup! Stocks 4 Tomorrow!! Pretty slick, don't you think?

Wallace Technology Group looks OK to me so far, just like George. I am more interested in the direct links to CSHK. That would be the newsletter called "Stocks 4 Tomorrow", the one that used to have a CSHK report, but I just checked, and there is no report on CSHK. It says, "Coming Soon". That's good, they spelled "coming" correctly. And guess who runs the newsletter? (drum roll)

Mark Schultz! Guess what his e-mail is! mschultz@waltech.com.

I guess all these guys are close to home down there in

(another drum roll)

Palm Beach Gardens, Florida!

Jim! Zowie! It looks like there is a lot going on down there in Palm Beach Gardens, does it not?

Mark Schultz got my attention. Yes, SIR!

Message 554246

and here is an interesting conversation:

start: Message 4197456

reply: Message 4197629

then: Message 4197869

and: Message 4197966

There are lots of references to "MS" all over SI, I wonder if they mean Mark Schultz. My own personal opinion is that they probably do. Maybe you don't know him.

Mark Schultz is a contributor to SGA, which you may recall from the SEXI deal from a while back. Here is the address for SGA, just so you'll have it if you want to do a little more due diligence. (It seems to me that Mark likes CSHK, I think he says it ran from .20 to a buck right after he put out the word last time, correct me if I am wrong):

sgagoldstar.com

Jim, I wonder if TheBigSur is MS is Mark Schultz! I'm guessing, of course, all of this is just my own opinion.

Is there a big network of paid shills all posting each other and talking to each other in an attempt to hype this stock?

Now, knowing all this, Jim, you really should go back to George's report and read it again. I advise not having any liquids in your mouth while you do so:

pennystock.com

With all due respect, Jim, it seems to me that you wouldn't be able to tell a good stock if it walked up and bit you on the ass. The due diligence these other guys are praising you for blows big time. It took me less than 7 days to find out all this stuff, I can't imagine why these fellows that know so much more than I do failed to let me know about all of this.

I've been careful not to make any assertions, I've insisted that all of these posts, and all of this information, is just my humble opinion. I've presented some information that is all available to the general public on the Internet. I have made no phone calls.

Perhaps you could make a few phone calls and fill us in on the validity or error of what I've brought up. I for one, would like a few answers, and I see this guy pennygod has some of the same questions that I do. Pennygod sounds OK, but I don't know him/her.

Ask Tony about the Graybar Hotel. I hear it's not fun, you can't leave, and the worst part is your hen drives your shiny car, spends your money, and screws all the other roosters. You should keep that in mind, buddy.

One final thing, Jim. There is a rumor that for every guy that posts on SI, there are 10 lurkers. My nine are the Deputy Chickerati. I didn't do the hard work, they did. All of this brings up a lot of tough questions. I'm sure you'll get a few in the next couple of hours. It's up to you to handle it. Let's see if you are as smart as we all hope you are.

And the next time you say you have done your homework, Jim, tell the damn truth and save us all some hassle.

Good luck.

BAWK! BAWK! Mr. Mighty Chicken