researching
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That statement, right there, may cause a sell off tomorrow.
Well, there's also the fact of having enough shareholders to allow them to trade. I think it's 300 or so for the OTCBB. That's one of the reasons he wanted people to get paper certs.
Thank you! I appreciate it.
Thanks. Yeah, that's what I've been told.
How do you find it, once you have the software? tia
I know. But it doesn't seem like he's really into this anymore. He also doesn't post on there much.
JJ, Ronnie, Digiwench and the rest of the mods moved on. You may want to try someone with a more vested interest, Paul.
Did you read the 15c211 for CVSU? It mentioned $250M in notes from Pacific Beach Mortgage that seemed to have fallen apart also.
SEC stuff is boring, but the truth is in there. A lot more than "because Bud said so", lol. Sorry bud, no offense.
I do have a question for you. A lot of the comments and "interviews" that Harris gave, came under the guise of Conversion Solutions, the private company. I agree that if he had made those same comments as an officer of a public company, there's violations. But what if it's from a non-public entity?
By the same token, I doubt that he'll be doing any paltalk interviews any time soon. lol
thanks
More important than a 10-K is the S-4. The 10-K is just a filing and doesn't need approval, regardless of what many of you "think". It's similar to your tax filings and the IRS. They don't approve them but will hold it against you if there's an issue or problem.
An S-4, though, has to be reviewed and deemed effective by the SEC. EDGAR shows nothing yet.
An 8-K is just a material report of events occurring between quarterly filings, such as a merger or anything else that should be communicated publicly. Unaudited financials from a private corp in them don't really mean much of anything.
I'd like to see the S-4 registration for Conversion's shares, along with audited financials. Everything else is meaningless. Still nothing submitted on Edgars.
No, check with the OTCBB. Unless something changed, it's been like that for a long time. If the equity is part of a national or foreign exchange listed stock, yes. Otherwise, no. The daily list shows the changes and what will be effective tomorrow.
Yes. OTCBB/Pinksheets can't get halted on demand. It'll just open tomorrow as the new symbol CVHD.
Yes. OTCBB/Pinksheets can't get halted. It'll open tomorrow as the new symbol CVHD.
At the open. There's always the risk of having it deemed a short, until it properly settles. But whatever you would buy at the open tomorrow won't be considered a short settlement. They sometimes call it a short since you're selling what isn't really posted yet. If it takes a few days, then you'll be short until settlement takes place. Clear as mud, huh.
I used a cash account, btw. It might be different for margin.
Not at all. My questions still stand and my corrections on inaccurate posts still stand. But $ is $, lol. Nice pop again.
Scottrade told me it's tradeable tomorrow. Check your account after later this evening.
CSHD symbol as of tomorrow. Broker called. Tradeable under the new symbol tomorrow am.
08/09/2006 FHAL to CSHD Conversion Solutions Holdings Corp.
Common Stock- 1 old/1 new exch
Symbol changes are listed here (probably after 2:30pm est)
http://www.otcbb.com/asp/dailylist_detail.asp?d=08/07/2006&mkt_ctg=OTCBB
A lot of buys going through...What the heck is changed suddenly.
I can't get back in.....what the heck.
OMG I was wrong! woops.
Something BIG is happening! Bloomberg terminal alert suddenly
That's funny. All of the points you tried to make are wrong
- I said SEC filings, not clearance or settlement.
- Symbols and Cusips don't require SEC amendments.
- Listings vs exchanges. Thanks for backing my point.
There's a lot of clueless people here. Here's a few clues:
- Stock symbols and CUSIP's have nothing to do with the ability to file anything with the SEC. CIK is all that matters
- Stock symbols and CUSIP changes don't require any amendments to anything filed with the SEC. It actually has nothing to do with them
- OTCBB and PINKSHEETS aren't stock exchanges. Listing services aren't exchanges, lol
- Conversion Solutions isn't even close to being eligible for Nasdaq NM/SC listing
- Harris keeps saying Nasdaq when he really means Nasdaq OTCBB. They're not the same. One is a listing exchange, the other is just a quotation service
- SEC and NASD don't handle symbol changes. Also, NASD isn't the same as Nasdaq
- IPO's raise money, reverse mergers don't. Reverse mergers also assume all liabilities. FHAL's a real dirty shell with liabilities and dilution
- SHO list is either 1/2% O/S fails or $10,000, whichever is greater. It's not the 5% you guys keep pumping. There's a decimal point
- Almost every stock on the OTCBB and Pinksheets is a reverse merger. A lot of them piggyback regs. This is pretty standard stuff. Few campaign it as being some type of accomplishment
- $0 revenues isn't going to change with the r/m
- AISS is an affiliate not a subsidiary. It's a shell company with nothing in it
- Lotteryfever is a placeholder website owned by some internet squatter
- Waatle's not just Harris and that other bozo. It's also full of Canadians and a Brit. I won't even bother explaining it
- They don't have a "real" office. It's a glorified mail-drop, phone forwarding/answering service and rental space by the hour. They even listed the stables as an office in the 15c211 for CVSU, and, use the square footage that HQ (aka Headquarters, Inc) maintains as their own
Get a clue, people. Most of you post absolute nonsense.
"3.) Set the Average Closing Price at $15.00 and pays no additional consideration to any shareholders."
How do you set an Average? Shouldn't it have said "Actual"? Option 2 states actual, but option 3 states average. And why closing price instead of opening price? Wouldn't a stock open at a new price, not close at a new price?
"2.) To pay each shareholder that options out an amount in cash equal to $15.00 minus the Actual Average Closing Price."
What did he say was meant by "each shareholder that options out"?
What happened to the S-4? Harris said they were filing it but they didn't. The 10-K with audited financials hasn't been filed either. Just cusip and symbol changes which mean nothing.
I've read a lot of BS here:
"The 10-Q is due 8/15". Wrong. Their fiscal year ended 6/30 and there's no such thing as a 4th quarter filing.
"The 10-K isn't due until Sept 30". Wrong. And the early 10-K was for merger purposes to include the audited financials. The normal filing deadline is meaningless.
"They couldn't file because of the cusip delays". Wrong. Cusip has nothing to do with SEC filings. It's not even a requirement on filings. CIK is what matters to the SEC.
"Cusip changes would require amendments to be filed and it's very expensive". Wrong. No amendments are needed for cusip changes.
"Conversion Solutions Holding dba Conversion Solutions". Wrong. A DBA is a synonym, not an entirely different entity. Different fil e number, different Articles of Incorporation in Delaware. They changed everything at the last minute. Where's the amended 8-K with the correct corporate information? Legal documents can't have "what we really meant was Conversion Solutions Holding, Inc instead".
"I picture the CEO as being a distinguished white gentleman with grey hair". LOL. Try 37, no grey and a lot darker.
I'm asking a question. Do you know why $0 in revenues? tia
I'm sure. Bid: $1.05 Ask: $15.00
Question re: subsidiaries and joint ventures
Conversion Solutions Holding Corp
American International Smart Structure (JV)
Brittenum Brothers Entertainment, Inc. (JV)
Rocky Road Records, Inc. (JV)
Seko Management Inc. (JV)
Tserof Holdings Inc
CVSU Coffee Shop
Equine Solutions, Inc
Stargate Productions, Inc.
Live Mortgage Free
Federal Chamber of Commerce
Center State Beverage
LotteryFever
InfinityOne Inc
Amruss Group, LLC
LoanShoppers.com
Revenue $0?
Granted, I wouldn't expect them all to show profits, but $0 in revenues for every subsidiary? The stables were even included as assets but Equine Solutions has generated nothing? I can see including tangible property as an asset, but then where's the revenue and expenses from it?
Even unaudited financials would include some type of ballpark figure on revenue. Expenses were detailed down to the how much postage was spent. How can a holding corporation report $0 in revenue?
Actually is 1/2%, 10,000 shares or greater.
Nope. He probably hedged the shares. Whatever you think makes sense to you, the opposite ends up being true.
That's my thinking also. They were 1 step away from being public with cvsu but had to digress to the r/m route, with the added expenses. The IPO thing is laughable, since it's a way of generating money. Any underwriter would jump at the chance for something like this. Instead, it's a big red flag. Most of the guys on this board can barely spell, so they're easily duped by anything. I'm sure you know it.
The original SB-2 never made, btw. I doubt their "assets" can be booked the way they want. It's a real stretch to call it an asset.
The main concern should be that they pay HQ for that virtual office so when these guys call there, they can keep saying they're in meetings. It would be terrible if they call and are told that they owe money, even if it's only $140/month. lol
What is your take on the last minute, "woops, we meant Conversion Solutions Holding, Inc not Conversion Solutions, Inc"? The name change thing doesn't hold well with me. And still nothing filed. None of this would prevent any filings with the SEC. Excuses?
Dimension: I thought bcit was bad, but this one's looking a lot worse every day. Is Holbrook part of this one too? I know he was involved in the shell. Something tells me that Harris is doing the back-stroke on this one quick.
A couple of faults with that theory. It's not national radio. It's not even radio. It's a free limited internet feed. My brother has a station on there that plays junk 70's songs just for laughs 24x7.
And an IPO raises money. It's the reason private companies go public. The "this is cheaper than an ipo" is complete bs. The only similarity is that they both end up trading. r/m's happen daily.
You can't assign the cusip to the wrong entity. The first part of a cusip identifies the entity itself:
35904V---
The original entity was Conversion Solutions, Inc and it's now Conversion Solutions Holdings, Inc which are two completely different entities. They switched it so I don't buy that it's an S&P or SEC screw up. The 8K says Conversion Solutions, Inc. That'll all have to be redone now.