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I read through there and didn't see it, could you cut and paste it for us?
good post, it seems this would have been shut down already, if it were not only, not a scam, but pretty much flawless.....
there are so many details to pin these guys on.... such as the use of Dr. Mensa's name, the use of George Aerospace and Lockheed Martin... the bonds...... etc....
Mr. Harris must be pretty confident, to put no safe harbor clause on this news report:
Conversion Solutions Holdings Corp Updates Shareholders
Friday August 18, 1:14 am ET
KENNESAW, Ga., Aug. 18 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place.
CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).
The bond is loaded in the systems with the following codes:
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code: 010924251
ISIN: XS0109242510
BB Number: EC2377199
"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.
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 http://www.cvsu.us.
what do you mean?
Safe Harbor Statement:
Forward-looking statements and comments in this news release are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements regarding potential future plans and objectives of Prevention Insurance are forward-looking statements. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond Prevention Insurance's control. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially depending on many factors, including those described above. Prevention Insurance cautions that historical results are not necessarily indicative of the company's future performance.
everyone, stop giving bud such a hard time, I'm long the stock myself, and have spoken with bud numerous times. he just has some questions. we are all working hard to figure this out.
HAVE
he has kids, and he so ruined if he makes a mistake, the press releases don't even have the safe harbor clause at the end:
look at this, and read it again, there is no safe harbor clause, anyone that is a shareholder in CSHD, if they don't have the bond, and the price is not relatively near 25 bucks a share they can sue!!!!!
Conversion Solutions Holdings Corp Updates Shareholders
Friday August 18, 1:14 am ET
KENNESAW, Ga., Aug. 18 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place.
CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).
The bond is loaded in the systems with the following codes:
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code: 010924251
ISIN: XS0109242510
BB Number: EC2377199
"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.
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 http://www.cvsu.us.
--------------------------------------------------------------------------------
Source: Conversion Solutions Holdings Corp
How do you go from Airplanes to horse breeding? These guys are freeks:
Sugar Cash Bars
For Stud Services
Review the following breeding information and contact
Tommy Stewart @ 678-255-7652
SUGAR CASH BARS - 2000 BAY Tobiano Stallion 00570989
APHA 4 Generation Pedigree For: SUGAR CASH BARS
2000 BAY Tobiano Stallion 00570989
Sire Side of Pedigree
DOC BAR
DOC'S JACK FROST
Q0076136 CHESTNUT
Q0537190 SORREL
CHANTELLA
DECATUR DOC
Q0090980 CHESTNUT
Q1247908 SORREL
BUCK FRY
HONEY BERRY
Q0054694 DUN
Q0355626 BAY
GREY DAWN BERRY
CUTTIN FOR CASH
Q0132461
00077663 BAY T
EARL M'S MAC
LUCKY STAR MAC
Q0051892 BAY
Q0246904 SORREL
V'S QUARTER LADYSTAR
SPOTTED BOTTOM 4
Q0019811 BROWN
00028027 BAY T
QUE BERT
SPOTTED QUE BERT
Q0078100
00006544 BLACK T
WHITE CLOUD
UNRG1175
--------------------------------------------------------------------------------
Dam Side of Pedigree
THREE BARS
DON BAR
T0000281 CHESTNUT
Q0080797 SORREL
LA YEGUA COLORADA
MY DANGER BARS
Q0040579 SORREL
Q0263458
PRETTY BLONDE
MY BLONDIE JEAN
Q0011164 SORREL
Q0104557 SORREL
MISS UTE CREEK
BLONDE BAR MCCUE
Q0069763
Q2277929 BAY
SUGAR BARS
SUGAR ENUF
Q0042606 SORREL
Q0247727
MARY BIG ENUF
THREE BAR PEP
Q0009865 SORREL
Q0635281
BANDO'S TENA
Q0115775
Conversion Solutions Holdings Corp.
125 TownPark Drive Suite 300
Kennesaw, GA 30144
www.cvsu.us
Phone: (770) 420-8270
Fax: (404) 393-9824
Copyright © 2006 Conversion Solutions Holdings Corp.
it might not be.... Rufus is claiming to want to file everything in the 10k, instead of having a lot of 8k's. You see, he has four days to file an 8k for that bond agreement, but he may of had to file an 8k for the change of name, change of cusip number, change of auditor, and all the other changes etc.... and didn't, so...... maybe he has longer to compile everything in the 10k.... I looking through all this stuff and I don't know what think........ if this is a scam, he's so busted...... he'll be the biggest fool of all time
Conversion Solutions Holdings Corp Updates Shareholders
Friday August 18, 1:14 am ET
KENNESAW, Ga., Aug. 18 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place.
CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).
The bond is loaded in the systems with the following codes:
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code: 010924251
ISIN: XS0109242510
BB Number: EC2377199
"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.
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 http://www.cvsu.us.
--------------------------------------------------------------------------------
Source: Conversion Solutions Holdings Corp
Exhibit 9.1
CONVERSION SOLUTIONS, INC.
(A Development Stage Company)
Balance Sheet
As of March 31 2006
ASSETS:
Current Assets
Cash & Cash Equivalents
$ 9,146
Interest Recivable
$ 33,125,000
$
Total Current
$ 33,134,146
Other Assets
Stables
$ 277,000
UCC Security Notes
$ 310,138,000
Total Other Assets
$ 310,415,000
Long-Term Assets
Long-term Investment in Bonds
$ 500,000,000
(see footnote)
TOTAL ASSETS
$ 843,549,146
LIABILITIES & EQUITY:
Liabilities:
Note Payable
$ 4,400,000
Long-term Note
$ 36,000,000
Equity:
Capital Stock
$ 2,329
(Common stock. .0001 par value 23,290,000 authorized, issued and outstanding)
Net Income (loss)
($ 284,019)
(1) Accumulated Other Comprehensive Income
$ 803,430,836
Total stockholders equity
$ 803,149,146
TOTAL LIABILITIES & EQUITY
$ 843,549,146
--------------------------------------------------------------------------------
CONVERSION SOLUTIONS, INC.
(A Development Stage Company)
Statement of Operations
January 1, 2006 through March 31, 2006
Ordinary Income:
Income (loss)
$ 0
Other Income
$ 0
Total Income
$ 0
Expenses:
Automobile
$ 4,486
Bank Service Charges
$ 1,413
Building Repairs
$ 8,479
Communications
$ 1,534
Contributions
$ 445
Payroll Expenses
$ 177,883
Postage & Delivery
$ 549
Professional Fees:
Legal Fees
$ 5,000
Total Professional fees
Rent
$ 18,500
Telephone
$ 8,975
Travel & Entertainment
$ 19,576
Other Expenses
$ 21,409
Contractual
$ 14,238
Supplies
$ 1,296
Total Expenses
$ 284,019
Net Income (loss)
($ 284,019)
Loss per common Share
($ 0.01)
--------------------------------------------------------------------------------
CONVERSION SOLUTIONS, INC.
(A Development Stage Company)
Statement of Cash Flows
January 1, 2006 - March 31, 2006
OPERATING ACTIVITIES
Net Income
($ 284,019)
Net Cash Provided by Operating Activities
INVESTING ACTIVITIES:
($ 284,019)
Stables
($277,000)
UCC Security Notes
($ 310,138,000)
Interest Receivable
(33,125,000)
Long-Term Investment in Bonds
($ 500,000,000)
Net Cash Provided by Investing Activities
($ 843,540,000)
FINANCING ACTIVITIES
Capitol Stock
$ 2,329
Accumulated Other Comprehensive Income
$ 803,430,836
Note Payable
$ 4,400,000
Long-Term Note
$ 36,000,000
$ 843,833,165
Net Cash Increase (decrease) for the period
$ 9,146
Reporting Procedures for
Auditing and Accounting, Internal Control Matters
And Illegal or Unethical Behavior
And No Retaliation Policy Background
The Company is committed to preparing and disclosing full and fair financial statements and to providing a workplace conducive to open discussion of its business practices. After the adoption of the Sarbanes-Oxley Act and the proposal of significant changes to the listing requirements of The NADSAQ National Market, the Company has determined to formalize these commitments in the form of this policy along with a Code of Business Conduct and Ethics that is applicable to all directors, officers and employees of the Company (the "Code"). The purpose of this policy is to establish procedures for (1) the receipt, retention and treatment of reports ("Reports") received by the Company regarding accounting, internal accounting controls or auditing matters in connection with the Company, and of reports of any violations or potential violations of the Code or any laws or regulations, including without limitation, material violations of an applicable United States federal or state securities law, a material breach of fiduciary duty arising under United States federal or state law, or a similar material violation of any United States federal or state law by the Company or by any officer, director, employee or agent of the Company, and (2) the confidential, anonymous submission by Company officers and employees of concerns regarding questionable accounting or auditing matters or behavior that is questionable under the Code or the law, in each case, in connection with the Company ("Submissions").
Moreover, the purpose of this policy is to make it clear that Company policy is to comply with all applicable laws that protect employees against unlawful discrimination or retaliation by their employer as a result of their submitting any Reports or Submissions pursuant to this policy or their lawfully reporting information regarding, or their participating in, investigations involving corporate fraud or other violations by the Company or its agents of federal or state law.
Scope of Matters Covered by this Policy
These procedures relate to employee complaints relating to any questionable accounting or auditing matters, including, without limitation, fraud or deliberate errors, misrepresentation or false statements, deficiencies or noncompliance with Company's internal controls, or irregularities in or deviation from full and fair financial reporting. These procedures also relate to employee Reports relating to any questionable ethical or illegal behavior, including any behavior that has violated or may violate any law or the Code.
Report Procedures
1.
Officers and employees of the Company may make Reports and Submissions, on a Confidential or anonymous basis, to the General Counsel of the Company or directly to the Audit Committee or Nominating and Corporate Governance Committee of the Company.
•
Communications to the General Counsel may be made via telephone, via email by interoffice mail, or by regular mail.
•
Communications to the Audit Committee may be submitted to the Secretary of the corporation for distribution.
•
Communications to the Nominating and Corporate Governance Committee may be submitted to the Secretary of the corporation for distribution.
2.
The identity of the person filing any Report or Submission made by telephone or email will be kept confidential to the fullest extent possible depending on the method of reporting, consistent with the need to conduct an adequate investigation; however, there can be no guarantee of anonymity with telephone or e-mail communications. Any Report or Submission submitted by interoffice mail or regular mail may be submitted anonymously. The substance of any Report or Submission and the investigation and proceedings resulting there from shall be kept confidential, consistent with the need to conduct an adequate investigation and take appropriate corrective action.
3.
Any Reports or Submissions should include specific information and facts so that a proper investigation can be made. This is particularly important if an anonymous Report or Submission is made as there will be no way to contact the author for additional information. Whenever possible, a Report or Submission should include the following: when and where the incident occurred; whether the issue or incident is ongoing; what the incident consisted of; who was/is involved in the incident (either by name, job title or both); and whether the issue or incident has been brought to the attention of anyone at the Company.
4.
In the event that an officer, director or employee of the Company receives any Report or Submission, they shall forward such Report or Submission promptly to the General Counsel and may also copy the Chair of the Audit Committee and/or Nominating and Corporate Governance Committee. Any Report or Submission regarding accounting, internal accounting controls or auditing matters will be brought to the attention of the Chair of the Audit Committee and the treatment or response to such Report or Submission shall be handled or supervised by the Audit Committee, as appropriate.
--------------------------------------------------------------------------------
5.
The Chair of the Audit Committee and the Chair of the Nominating and Corporate Governance Committee shall report any Reports or Submissions that he/she receives to the other members of his/her Committee within a reasonable period of time, but in no event later than the next regularly scheduled meeting of the Committee and/or meeting of the Company's Board of Directors, whichever occurs first. The Chair shall also discuss such Reports and Submissions with the Company's independent auditors, General Counsel, outside Company counsel and/or independent counsel to the Committee, as appropriate. The person or persons directed by the Chair or the Committee to investigate a Report or Submission shall:
•
evaluate the Report or Submission as to gravity and credibility;
•
initiate an informal inquiry or a formal investigation with respect thereto;
•
prepare a report of the results of such inquiry or investigation, including recommendations as to the disposition of such matter;
•
make the results of such inquiry or investigation available to the Audit Committee or the Nominating and Corporate Governance Committee, as appropriate, for action (Including disciplinary action); and
•
recommend changes to any Company policies or procedures necessary or desirable to prevent further similar violations or behaviors.
6.
The evaluation process followed and/or actions taken by the Audit Committee or Nominating and Corporate Governance Committee and the Company in response to a Report or Submission shall be documented in the records of the Committee and provided to the General Counsel. The General Counsel shall retain copies or records of all Reports and Submissions and all related documentation for a period of not less than six years from the end of the fiscal year during which such Reports or Submissions were received, the first two years in an easily accessible place. In no event shall any such copies or records be destroyed without the prior approval of (i) the Chair of the Audit Committee and (ii) General Counsel, independent counsel to the Audit Committee and/or counsel to the Company, as appropriate, after considering the effect and applicability of the provisions of 18 U.S.C., Chapter 73, Sections 1512(c) and 1519, as enacted pursuant to the Sarbanes-Oxley Act of 2002.
No Retaliation/Discrimination
7.
No employee shall be subject to disciplinary or retaliatory action by the Company or any of its employees or agents as a result of the employee's:
•
disclosing information to a government or law enforcement agency, where the employee has reasonable cause to believe that the information discloses a violation or possible violation of federal or state law or regulation; or
•
providing information, causing information to be provided, filing, causing to be filed, testifying, participating in a proceeding filed or about to be filed, or otherwise assisting in an investigation or proceeding regarding any conduct that the employee reasonably believes involves a violation of:
(i)
a federal criminal law relating to securities fraud, mail fraud, bank fraud, or wire, radio or television fraud;
(ii)
Any rule or regulation of the Securities and Exchange Commission; or
(iii)
Any provision of federal law relating to fraud against shareholders, where, with respect to investigations, such information or assistance is provided to or the investigation is being conducted by a federal regulatory agency, a member of Congress, or a person at the Company with supervisory or similar authority over the employee; or
•
filing of a Report or Submission covered by the Sarbanes-Oxley Act for violation of items 7 (i), (ii) and (iii) above, in accordance with these Procedures or pursuant to the Code.
8.
Notwithstanding the foregoing, employees who file reports, Reports or Submissions or provide evidence which they know to be false or without reasonable belief in the truth and accuracy of such information will not be protected by the above policy statement and may be subject to disciplinary action. In addition, except to the extent required by law, the Company does not intend this Policy to protect employees who violate the confidentiality obligations with regard to the Company's proprietary and trade secret information. Employees considering providing information that may reveal Company proprietary or trade secret information are advised to consult with counsel.
9.
If any employee believes he or she has been subjected to any action that violates this Policy, he or she may file a complaint with his or her supervisor or the General Counsel. If it is determined that an employee has experienced any improper employment action in violation of this Policy, such employee will be entitled to appropriate corrective action.
Miscellaneous
10.
This policy will be distributed to all directors, officers and employees of the Company. Thereafter, this policy shall be made readily accessible to all directors, officers and employees of the Company. The Audit Committee and/or the Nominating and Corporate Governance Committee shall review the adequacy of this policy from time to time and shall consider and, to the extent deemed advisable or appropriate, recommend that the Board of Directors approve and adopt any amendment to this policy.
CONVERSION SOLUTIONS, INC.
AUDIT COMMITTEE OF THE BOARD OF DIRECTORS
Audit and Non-Audit Services and Pre-Approval Policy
Statement of Principles
Under the Sarbanes-Oxley Act of 2002 (the "Act") and the corporate governance provisions of the NASDAQ Listings Requirements, the Audit Committee of the Board of Directors (the "Committee") is responsible for the appointment, compensation and oversight of the work of the independent auditor for cvsu. (The "Company"). As part of this responsibility, the Committee is required to pre-approve the audit and non-audit services performed by the independent auditor and to assure that the performance of non-audit related services by the independent auditor does not impair the auditor's independence from the Company.
To implement these provisions of the Act, and the related rules promulgated by the Securities and Exchange Commission (the "SEC"), the Committee has adopted this Audit and Non-Audit Services Pre-Approval Policy (the "Policy") to set forth the procedures and the conditions pursuant to which audit and non-audit services proposed to be performed by the independent auditor are pre-approved by the Committee or its designee.
Responsibility of Audit Committee; Delegation
The Committee, or, in the event it delegates its authority to one or more of its members as stated below, its designee, shall pre-approve the provision of all audit and non-audit services provided to the Company by any independent auditing firm engaged to perform the external audit of the Company's financial statements ("Pre-Approval"). The Committee may delegate its Pre-Approval authority to one or more of its members. Any such delegation shall be in writing and shall continue in effect until the earlier of: (1) termination of such delegation in writing by the Committee; (2) resignation or removal of the member from the Committee or the Board; or (3) expiration of the term of the delegated member if such member is not re-elected to the Board and appointed to the Committee. The member(s) to whom such authority is delegated shall report any Pre-Approval decisions made to the Committee at its next scheduled meeting.
Any Pre-Approval actions may be taken at any meeting of the Committee, by Unanimous Written Consent of the Committee, or by action in writing or verbally (if verbally, followed up in writing) if Pre-Approval is provided by the Committee's designee. The Committee does not delegate its responsibilities to pre-approve services performed by the independent auditor to management.
Pre-Approval; Generally
Prior to the beginning of each fiscal year, management will submit to the Committee a request for Pre-Approval of Audit Services, Audit-Related Services, Tax Services and/or All Other Services, as described below, anticipated to be incurred during such fiscal year. Such request will include as much specificity and detail as is reasonable to enable the Committee to satisfy its responsibilities, and include a copy of the engagement letter to be executed by the Committee to document the engagement of the independent auditor and a good faith estimate or range of the fees for such services.
During the course of a fiscal year, management shall submit to the Committee or its designee a request for Pre-Approval of any additional Audit Services, Audit-Related Services, Tax Services and All Other Services, not listed in the initial request for Pre-Approval described above, or for any material changes to the scope of any service for which Pre-Approval has been obtained. Such request will include as much specificity and detail as is reasonable to enable the Committee to satisfy its responsibilities. Such request must include a detailed description of the services to be rendered and a joint statement by both the independent auditor and the Chief Financial Officer or Director of Finance as to whether, in their view, the request or application is consistent with the SEC's rules on auditor independence. The Committee and its designee may consult with whomever it chooses in connection with its Pre-Approval determinations.
Audit Services
The Committee shall pre-approve the engagement of the independent auditor to perform the annual external audit of the Company's financial statements ("Audit Services"). Audit Services includes services identified in the request that only the independent auditor reasonably can provide for the fiscal year for which such Pre-Approval is sought, which services may include some or all of the specific services listed on Appendix A attached to this Policy. Any request for Pre-Approval of Audit Services will include a good faith estimate or range of the fees for the Audit Services requested.
Audit-Related Services
"Audit-Related Services" are defined as assurance and related services that are reasonably related to the performance of the audit or review of the Company's financial statements and that are traditionally performed by the independent auditor. The Audit Committee believes that the provision of Audit-Related Services does not impair the independence of the auditor and is consistent with the SEC's rules on auditor independence. Management shall request Pre-Approval for those Audit-Related Services it reasonably believes will be required for the fiscal year for which such Pre-Approval is sought. The type of Audit-Related Services for which Pre-Approval may be sought includes, but is not limited to, the specific services identified on Appendix B attached to this Policy. Any request for Pre-Approval of Audit-Related Services will include a good faith estimate or range of the fees for the Audit-Related Services requested.
That post is a keeper!
was reading the merger agreement again, there must be more going on here than just a pump and dump.....
meaning, there is no way forward but to file the 10-k, by law it must be done by Wednesday. There has been a material change to this agreement with the introduction of the new bond. They have four days to file.
http://www.sec.gov/Archives/edgar/data/757563/000129707706000046/fhaul8-kmergersigned.htm
CVSU's CFO:
"an Associate Member of the Certified Fraud Examiners and as a Certified Internal Auditor"
Darryl Horton, CPA - Chief Financial Officer
Mr. Horton is a graduate of Accounting (cum laude) from Michigan State University and has an array of experiences that include fifteen years working as an executive with the State of Michigan. Mr. Horton has served State Government as Director of Internal Audits and he is currently the Director of the Division of Licensing & Certification, which is responsible for the monitoring and regulation of all of the state's hospitals and health facilities.
Darryl Horton has earned invaluable experience as a Certified Public Accountant for over fourteen years and as Founder and CEO of Horton & Associates, a public accounting firm specializing in corporate tax planning. As an Associate Member of the Certified Fraud Examiners and as a Certified Internal Auditor, Mr. Horton has developed and monitored budgets in excess of 250 million USD, focusing on analysis of internal controls and utilizing risk assessment tools for various organizations in both the private and public industry sectors.
Mr. Horton is a highly respected member of his community who serves as Audit Chair for the local chapter of the American Red Cross; he is a member of the National Association of Accountants and the Institute of Internal Auditors, in addition to participating on the boards of several other organizations and charities.
As Chief Financial Officer, Mr. Horton will provide corporate leadership by directing treasury activities and with coordination of budget programs. He will assess the financial impact of functional initiatives and generate creative solutions. Mr. Horton will formulate and optimize the capital and tax strategy of the company and will be responsible for financial reporting by developing objectives for establishing a reporting system with controls and safeguards to protect company assets.
wasn't for you in particular, was for the board
how can the merger be done without the filings?
it's a reverse merger into a shell. there are incentives for them to do it this way.
where's CVSU though? It's no longer on the pink sheets.
cvsu was never traded, but was listed on the pink sheets, but was private.... as much sense as that makes
CSHD would like to announce the signing of a Global Funding Agreement
http://contracts.consusgroup.com/categories/kicat_13780_1_overture.asp?ref=_overture.asp&aw=1481....
there was, and still is until the filings are complete. you cannot pull it up now, but you could a month ago. what's your take?
sec filing must occur within four days of the material event, so Wednesday, but the merger hasn't been completed, and CVSU is still a pink sheet, I don't believe they have reporting requirements
yes she was.... it was catwoman and I am clearly outmatched... but having a great time....
it's probably just part of the scam, don't you think?
did someone say GGAAAAAAPPPPPPPPPPPPPPPPPPPPPPEEEEEEEERRRRR???????
man, the last few days have been the hardest ever..... for so many reasons based around this stock...... but I held strong, and I prayed, and now we perservere
I had CSHD stock on margin, my broker made a mistake, and held it against me, and made me liquidate, not to mention, that I handled it poorly out of fear, I came out in a very, very bad position this morning. But I prayed to a higher power, seriously, and came home to this.....
let's look into the future, not the past.....
man, this stock will never go to 15, the bashers say: lol
now it's ----25 minimum!!!!
I got beaten out of 20k shares today, I had to go through a spiritual transformation.... of unattachment, I went hiking with a beautiful woman, and I come back to find a press release 20 minutes old!!!!! my remaining shares are worth KABOOOOOMMM!!!!!!!!!!!
I believe in a higher power.
KNIGHTS OF HEAVEN HOLD CSHD!!! STAND AND BE COUNTED
FAITH:
Conversion Solutions Holdings Corp Updates Shareholders
Friday August 18, 1:14 am ET
KENNESAW, Ga., Aug. 18 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place.
CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).
The bond is loaded in the systems with the following codes:
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code: 010924251
ISIN: XS0109242510
BB Number: EC2377199
"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.
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 http://www.cvsu.us.