DD Scared me away from this one; at least for now.

The following info is from the two most recent 10-Qs

OS as of August 21, 2006 was 28,219,213.
OS as of November 15, 2006 was 87,858,213.

(9/30/06 10-Q)
Stock Issued for Services $1,049,275
Stock Issued for Interest on Loans $67,500

DILUTION, DILUTION, DILUTION

The company is pumping so that these shares can be dumped.
I recommend waiting until the dust settles.

Just checked link provided earlier



Actions\Amendments

Action Type: Amendment
Document Number: 20060834209-24 # of Pages: 2
File Date: 12/28/2006 Effective Date: 12/28/2006
Previous Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,000,000.00 New Stock Value: Par Value Shares: 3,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 3,000,000.00

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=L6dMOi7uE4m6NRBn5BNEaA%253d%253d&CorpName=CYBERKEY+SOLUTIONS%2c+INC

Good question pugdog. The "non-dilutible or reversible" provision applies only to the preferred shares and not to common shares. This is explained in the 8-K filing and if you read further, the shares can be converted into common stock anytime after September 1, 2006. The common shares must certainly be diluted by conversion of the preferred shares and IMO, these are the shares being sold recently.

I strongly encourage all holders of this stock to read the 8-K in its entirety. If you take the time, I doubt you will be a holder or buyer of AAGH. I am out.

Interesting point: Is dilutible a real word? Should it not read "non-dilutive" instead? Is this just another RED FLAG? Are we dealing with business professionals or with someone trying to cheat us out of our money?

The 25 million S-8 shares may have been absorbed but what about all the shares Mr. Mak got in the October 30 8-K filing???

100 million shares??? (500,000 X 200 = 100,000,000)

On October 24, 2006, the Company filed a Certificate of Designation with the Secretary of State of Nevada creating a new class of stock, designated as Series A Convertible Preferred Stock (“Series A”). The designated amount of Series A is 500,000 shares (“Series A Shares”) at a par value of $0.001. The Series A Shares are convertible at a ratio of 200:1 and is non-dilutible or reversible.

Mr. Mak will receive a stock award of 500,000 shares of Asia Global Holdings Corp. Series A Convertible Preferred Stock, which will vests within 15 days of the execution of the Agreement.

Another 2 million???

Mr. Mak will receive a signing bonus of 2,000,000 shares of 144 Restricted Common Stock

Total potential dilution 127 million??

I just started my DD but is anyone concerned about the Preferred Stock? What are the terms?

Series A preferred stock, $0.00001 par value, 10,000,000 shares authorized, 9,000,000 shares issued and outstanding

Series B preferred stock, $0.00001 par value, 50,000,000 shares authorized, 33,000,000 shares issued and outstanding

Ref: 10-Q for the period ending September 30, 2006.

Unusual trading activity with all the good news!

The trading history of this stock is also a little unusual. Maybe some of you can add to what I have found.

According to The Daily List at OTCBB.COM, The symbol changed from CPSL to RGHG on October 25, 2005.

13:26 10/25/2005 CPSL Csc Industries Inc Unclassified
RGHG Ridgecrest Healthcare Group, Inc. Common Stock
1-200 R/S **

http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=NON-OTCBB&d=10/24/2005


Questions:

1. Why does the chart only show trades since October 19, 2006?

2. Why does the chart show CPSL trading as late as June 27, 2006?

(I use Medved QT with IQFeed - Also checked BigCharts.com)


Does anybody know more about the history of this stock?

Dilution or Shorts holding it back???

Here is my take based on a little Logic 101.

If the company is dumping new shares, I believe they would have waited for some buyers to move in first on the news and create a little upward momentum on some substantial volume and then they would start selling shares into the momentum. Also, if they were dumping instead of buying back shares as per the PR, I would imagine they would be setting themselves up for a phone call from the SEC.

On the other hand, it would be in the best interest of those with a large short position already to "take the wind out of the sails" of any rally and start shorting right away to scare away potential buyers.

Therefore, it is my opinion, based on today's action, that that the company is not diluting at this point.

Does this sound reasonable to you?

RGHG - More info - Buyback PR today

RGHG - Small float, profitable and debt free.

Posted by: Martin Murray

Just spoke with company's Executive Chairman and he confirmed that the OS is only 21,974,813 and that the majority are 144 restricted. "Not diluting or issuing any new shares." He does not know who is selling, but claims it is not them or any heavy insiders as they are all locked up for now.
http://www.investorshub.com/boards/read_msg.asp?message_id=15373083


Ridgecrest Announces Record Revenue and Profit for Q3 and YTD Profit
Company Debt Free and Anticipates Further Growth
http://app.quotemedia.com/quotetools/popups/story.jsp

RGHG - Small float and profitable.

Posted by: Martin Murray

Just spoke with company's Executive Chairman and he confirmed that the OS is only 21,974,813 and that the majority are 144 restricted. "Not diluting or issuing any new shares." He does not know who is selling, but claims it is not them or any heavy insiders as they are all locked up for now.
http://www.investorshub.com/boards/read_msg.asp?message_id=15373083


Ridgecrest Announces Record Revenue and Profit for Q3 and YTD Profit
Company Debt Free and Anticipates Further Growth
http://app.quotemedia.com/quotetools/popups/story.jsp

Chart is starting to look pretty good. Volume is picking up today and L2 bid is growing at .02. It shouldn't take much volume to get this one moving up; especially if .022 is taken out today.

SHRN - Volume picking up - Level II looking good

SFNN - Read the 10-Q carefully for RED FLAGS

* Massive Dilution - 240M OS as of 9/30/2006 (more now?)
* EPS is negative if you exclude debt forgiveness
* Majority of Equity is Goodwill or for Preferred Stockholders

I took my profits Wednesday after closer examination of the filing.

Always do your DD!

SFNN moving on great earnings

Shearson Financial Network, www.sfnncorp.com, (OTCBB: SFNN) reported earnings
of $4,450,211 for the nine months ended September 30, 2006 and earnings of
$2,474,658 for the quarter ended September 30, 2006, as reflected on the
Company's Form 10Q filed with the SEC on November 20, 2006.

For the nine months ended September 30, 2006, revenues increased $7.7 million to
$14 million from revenue of $6.3 million during the same period for the prior
year. Gross profit increased $7.1 million to $10.9 million, as compared to $3.8
million for the same period in 2005. Earnings per share increased to $0.04,
from a loss per share of $0.34 during the same period in the prior year. Net
worth increased to $47.8 million from $(5.5) million as of September 30, 2006.

Yes, a Balance Sheet would certainly be nice but I would really like to see a list of Beneficial Owners owning 5% or more of SLJB. There is supposedly 362k shares closely held by insiders. Who are they? It has been reported that Petar does not hold any shares. A 10-K would reveal who the insiders are as well as contain all other information we need.

skinsmoney... You have the right perspective regarding the audited financials. The future is all that really matters. The AFs merely lay the groundwork for our future on a higher exchange. Some of the longs are just getting a little frustrated, which is understandable with so many delays. Patience is wearing a little thin for many but not for me.

Half of the OS canceled!!!

From 10-Q

The aggregate number of shares issued and outstanding of the issuer's common stock as of June 30, 2006 was: 22,797,501 shares at $0.001 par value.

I guess it doesn't take much to shake some people out.

The PR said there is a problem with WORDING. It did not say there is a problem with the numbers. WOW!

This is truly a great day for the bashers to pat themselves on the back but it ain't over till it's over. Things just might not be as good as the bashers think they are; this is not a typical stock.

This is a good time for longs to sit back and wait this out. Who knows what will happen. I'm in free shares and still ahead even if it goes to $0.

I can hardly wait for the exciting conclusion. Rufus seems to always have another bullet.

Regardless of the outcome from the SEC investigation, we will finally have clarity.

Trades going throught at the open but L II is strange.

I agree that the Quarterly Report from June - August 2006 should be filed before moving to the BB. This report, however, does not need to be audited.

Same Rule broken with me too and more.

Broken Rules:

1. No Pinks, Just BB
2. No Long Term Holds
3. No huge percentage of my portfolio
4. No Recommending to family and friends

This may be one of the top five stocks I have come across in my seven years of doing this for my living.

I have been watching Level II on CSHD since July 12 and NITE has been on the Axe more than any other MM. NITE has a shady history and nothing would make me happier than to see them burn because of CSHD. They are notorious for trading on their own account and ignoring client orders. The $79 million fine is probably a drop in the bucket compared to the amount that customers have been cheated out of.

This is my opinion from seven years of trading.

The CMF indicator is the one that most interests me on the chart you displayed. The value has gone down since the very beginning of the rally on July 12. This tells me that money has been flowing out of the stock since then. It would seem that the only way that can happen is through short selling. This divergence is the very reason I am convinced that the huge naked short position is for real.

This is my opinion. Opinions from other technicians are welcome.

CKYS starting to move on volume

RE: Opinions on what low volume means.

Since new buyers after October 16 do not get the extra 6 shares, there is no motivation for new investors to get in, nor for current holders to add more. Low demand = Low volume

The only demand should be from shorts looking to cover. Since longs are waiting for the extra 6 shares, they have no motivation to sell (plus they don't want to help the shorts). MMs have tried to drop this on low volume to shake-out longs but have had very little success.

I believe the shorts will wait as long as possible before covering. They are hoping the SEC will step in before they are forced to buy. Smart shorts will go ahead and bite the bullet (IMO)

I am long and am merely stating my opinion as asked by The Real Deal. You may disagree but I will not respond to any bashing of this post.

The E is apparently because they put an incorrect date by the signature of the auditor. It is a very annoying and avoidable error that is easily fixed.

Exhibit 23.2


CONSENT OF INDEPENDENT REGISTERED ACCOUNTING FIRM
Thomas Benson, C.P.A.
Certified Public Accountant
4599 Mistywood Drive
Okemos, MI 48864

We hereby consent to the use in Form 10-KSB of our report dated October 15, 2006 relating to the consolidated audited financial statements of Conversion Solutions Holdings Corp for its fiscal year ended June 30, 2006, which is incorporated by reference therein.


October 15, 2005

-S- Thomas Benson
____________________
THOMAS BENSON, C.P.A.

It is a TOS violation to post the same message over and over. I think this makes six times in 10 minutes. Be careful or you may be banned.

Any guess as to what the big bombshell is?????

Could it be that Rufus & Co. (including the trust) can show certs for the entire float???? Just my guess.

The only thing clear about CSHD is the lack of clarity. It seems that neither side can absolutely prove anything. Eventually we will know the truth since clarity usually comes along with hindsight.

For now I will stick with the team winning most of the battles. Rufus & Co. seem to be kicking butt so far.

Long: First buy on July 12, 2006

Cindy.. You just replaced Dimension on my IGGY list.

10 posts from you in the last 45 minutes and almost 2,000 posts since August. I can't think of one useful post from you. You are only here to clutter up the board. If you didn't post so much, maybe newbies could find a litte useful DD.

At least now I will be able to go through the messages a bit faster. You should understand that this is a message board and not a chat room.

New MM BGTN showed up today. I can't find any previous history for BGTN on CSHD. They tried to short for awhile and then quit abruptly; now on the bid (lol). Somebody must have told them that they were playing with "fire". What MM would not know about CSHD?

IMO... I think you got that one back-wards. This is going to be a textbook example of the Market regulating itself since the SEC is not doing its job. The only snake oil on this board is coming from the paid bashers. Are you one? CSHD is the beginning of the end for unregulated short selling.

http://www.sec.gov/rules/proposed/s72303/decosta122203.htm

"Naked short selling is not a form of short selling, it is a form of fraud."

The SEC is slow to take action. What you are seeing with CSHD is an example of the market attempting to regulate itself.

The above quote is from a letter on file at the SEC. It is lengthy but a great read (you may want to bookmark the link for a later read).

http://www.sec.gov/rules/proposed/s72303/decosta122203.htm

The Short's printing press must be broken today. I hope they don't get it fixed. It would be pretty tough on them if they actually had to borrow the shares they are shorting! Can we buy counterfeit shares with counterfeit money?

The original letter is posted at the SEC

http://www.sec.gov/rules/proposed/s72303/decosta122203.htm

It is rather lengthly but a good read

Shorts just barely able to slow down the momentum at 2.20.

FSMH could be a good squeeze play when they get the NOBO list.


FSBO Media Holdings, Inc. (PINKSHEETS: FSMH) is ordering a current NOBO list from ADP Investor Communications. The NOBO list stands for Non Objecting Beneficial Ownership, and provides a complete ownership profile by name that is
not available with our transfer agent.

"This action will identify any possible issues regarding failure to deliver positions in our stock which could be very significant to our company and our shareholders," said Steve Bazsuly, President of FSBO Media Holdings.

http://biz.yahoo.com/iw/061005/0169787.html

EFCR - More action near the close - Highest volume since early June - Put it on your special focus list for Monday!

Human nature makes most of us cheerleaders regardless of which team we are on.