researching
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Not really. They have to reserve customer deposits, just like an Insurance company has to reserve against claims. Those customer deposits are recorded as liabilities on their books, against the assets.
In CSHD's case, they don't have the liability because it's a trust and the asset belongs to everyone else other than CSHD. There's no liability recorded. And since they haven't hypothecated any securities against it, there's nothing to record.
It was just a balance sheet. It dawned on me today that CSHD is just a trustee! LMAO. They can try and spin it any way they can but in the end, none of this has any real worth and has $0 worth to shareholders. They administer assets as trustees in a trust.
Those aren't after hour trades, but whatever. lol
I alerted at $4. I alerted at $3. Nobody listened and poked fun, so oh well. Below $2 Monday unless Rufus is planning on more games but I doubt it now.
Kennesay, GA. Happy Hour, huh.
IMO, I don't think he really cares. I'm sure the bank account deposits the last few months are a nice "what's behind door 3 Johnny!".
BBAN, I would venture to guess. Or whatever was sent over to them from the person that really runs the show, if you know what I mean. Those guys tend to be sloppy with so many "clients".
It means Rufus copied and pasted an NT10 and screwed that up.
Just like I said. They even filed an extension a day late. Classic. They must've read this board today and realized it.
Yeah, it was pretty obvious for some.
LOL. Yeah, "who woulda thunk". So much for "the 10K is done" bs from Rufus and/or everyone else.
NT 10-K 1 cshdext-10k.htm EXTENSION
10-K EXTENSION
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
--------------------------------------------------
CHECK ONE): [ X ]Form 10-K and Form 10-KSB [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR [ ]Form N-CSR
For the period ended: April 30, 2005
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
PART I -- REGISTRANT INFORMATION
Conversion Solutions Holdings Corp.
--------------------------------------------------------------
Full Name of Registrant
--------------------------------------------------------------
Former Name if Applicable
125 Town Park Drive - Suite 300
--------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
Kennesay, GA 30144
--------------------------------------------------------------
City, State and Zip Code
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 10-KSB, Form 20-F, 11-K or Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
[ ](c) The accountant's statement or other exhibit required by Rule 12b- 25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail why Forms 10-K, 10-KSB, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
The Company is unable to prepare its 10-KSB within the prescribed time period because the Company is awaiting information to complete the audit of the combined financials..
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
Rufus Paul Harris, (770) 420-8270
--------------------------------------------------------------
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). [X]Yes [ ]No
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [ ]Yes [X]No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
Conversion Solutions Holdings Corp.
--------------------------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 29, 2006
By/s/Rufus Paul Harris
Rufus Paul Harris
Chairman and Chief Executive Officer
You can't add. Try again. This is getting old. Get a clue.
Not at all. I just hate bad information posted. People saying the deadline is tomorrow and effective Monday are just BS'ing others.
Too bad the deadline passed. lol
No, they're wrong and a major fubar if they don't know. But that's not really the case. I doubt if you'll see it any time soon. But who knows. They claimed that it was done some time ago so why it hasn't been filed, only they know.
And still no filings. eom
No, but it sends out a message. Wouldn't you agree? Why go around saying it would be filed on time, just to miss the deadline. Even an NT-10K would've been better. But nothing?
He's just doing his job until 4pm. Heck of a job for that type of compensation.
Would you tell him that the deadline was yesterday? tia
Just wait. eom
No filings yet. eom
Credibility? Like calling the HOD yesterday @ $4.00, calling the dump out again @ $3.00 later?
Okay. So post a link to when it's "really" due. Maybe all of my sources are wrong. tia
I did, Jannie. That's why I posted it to begin with. Check back through my posts and you'll see it.
lol, they're my tools. I think Nasdaqtrader.com has one too that you can check out. It doesn't cost too much to subscribe to it.
That's because you can't refute anything. You should learn to read first and comprehend before calling someone a "liar". glty
LOL. I didn't say the OTCBB link was a paid service. Of course it's not. My alert came from my service and you can't access it without an account.
Dude, I said the 9/30 deadline was wrong. And the reason the 10K was meaningless on the deadline was because the merger documents called for audited financials. It should've been put out as an 8-K.
I did copy the text.
Sorry Jannie, I can't. Like I said it's a paid for service. It'll appear free on OTCBB later on.
You don't know how to read properly. The quotes (") mean that I'm quoting BS that was posted at the time. Get your facts straight.
No, the actual symbol change would take place next week not today. What I was explaining was the notification process. 2:15 is arbitrary. Like I said, it's not updated on any particular schedule. Normally you'll see the list updated in the afternoon which is the reason I said to check for updates after 2:15. I don't control it so I can't say when it'll be updated on the website. My alert update notice just stated that a symbol change was underway.
It's not updated real-time or anything like that. Check it again later. So far, the real-time SEC queue shows nothing.
No Jannie, not yet. It doesn't really matter when the OTCBB updates the symbol. The fact is that it's late. 10-K's are due 90
calendar days after the end of the fiscal year ended 6/30. July has 31 days, August has 31 days (+62), then +28 in September makes it 9/28. The NT10K should've been filed yesterday. Had it been filed, it would've appeared on the OTCBB dailylist today since it's a notification of late filing.
I've known that Rufus had the date wrong for quite some time but waited to see what he'd do yesterday. He didn't do anything. That gave me a leg up when I dumped out at the HOD yesterday. lol
Well, I'm not "outright lying". Back up what you say. If you call me a "liar", then the term "idiot" is just since you don't know what you're calling me a liar on.
How so? tia
Nope. It expired yesterday.
They need to file something. The should've filed a 10K or NT10K yesterday. So as of right this moment, they're delinquent and the "E" will be added on.