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No one wants to risk being on the sidelines this weekend!!IMO/eom
I see that serfdom is back littering this board with nonsense....I guess that's what the iggy button is for...:)
Even with him on iggy, I'll still have to waste time reading responses to his posts... :(
mag, no way I'm selling.. in fact, I'm opening an ETrade acct. to hopefully buy more before the reset.. GLTY
No trades in 27 minutes...Crazy!!eom
New TUT post.. for those that give a you know what...
Posted on HSM @12:22 a.m.
"The cobra has only begun to strike. The spit of the cobra will blind its victims before the final strike."
Any thoughts on why the AMTD PR is not on CSHD's website?? The public warning to OurStreet is on it.....
Info. from ATD....
Posted on HSM: FWIW....
"For what it's worth, here's the reply I got just a few minutes ago from TDA in response to my email to them:
We have been made aware of the article and at this time are referring the matter to our Corporate Compliance/Investor Relations departments. You may contact them by going to www.amtd.com and clicking on the contact us link located in the upper right hand corner.
TD Ameritrade is not restricting your ability to sell the stock, only the buying of the stock.
Ameritrade, Inc., is a member of the Securities Investor Protection Corporation (SIPC). SIPC provides you protection against brokerage insolvency. Assets held by Ameritrade are protected by SIPC for up to $500,000 per client, of which $100,000 may be applied to cash. For details please visit http://www.sipc.org. Up to an aggregate of $100 million of
additional securities protection, of which $900,000 may be applied to cash, is provided by London insurers, also limited to a combined return to any client from a Trustee, SIPC and London of $25 million. This coverage does not protect against loss in market value of the securities.
Ryan A.
Manager, TD AMERITRADE
Division of TD AMERITRADE, Inc."
JJ was the captain that jumped what he thought was a sinking ship and then called the crew and ordered them to make the announcement - after he was in the lifeboat!! No respect here!!
NEWS!!!! Conversion Solutions Issues Statement on TD Ameritrade
By PR Newswire
Last Update: 9/13/2006 7:39:31 PM Data provided by
KENNESAW, Ga., Sept 13, 2006 /PRNewswire-FirstCall via COMTEX/ -- The following statement is being issued by Rufus Paul Harris, Chief Executive Officer of Conversion Solutions Holdings Corp (CSHD), a Delaware Corporation.
Depending on who you speak to, the events of the last thirty days could be the beginning of the end for a trading dynasty. The "Short" selling of Conversion Solutions Holdings Inc. (CSHD) company stock by a once loved and respected trading house may have sealed that company's fate as it is now perceived to specialize in "Shorting" OTC Bulletin Board stocks.
Short selling of OTCBB stock is legal, and is used by some companies to create liquidity where there is none. Why would a stock be stagnating, you may ask? In some instances anticipation of an upcoming 10K or a price reset might cause a company's share holders to sit tight and hold for a time. Companies that participate in the practice of "Short" selling either: buy their positions out of the market or go bankrupt.
Conversion Solutions Holdings Inc. has filed 8K documentation, announcing nearly 2.6 billion dollars in assets and yet TD Ameritrade (and their subsidiaries) continue to sell shares they don't own, or have the ability to borrow. TD Ameritrade responds not by buying the stock out of the market, to cover their "Shorts," but by refusing their customers their legitimate right to buy more OTC Bulletin Board: CSHD stock. Some Conversion Solutions Holdings Inc. supporters have shared their thoughts and feelings on the forum http://www.hotstockmarket.com, many of whom vow to press litigation against TD Ameritrade for not allowing them to purchase more CSHD stock. This stock has been on regulation SHO for 25 consecutive days and it has been confirmed that it has been "Shorted" by an objective "Third Party." To peruse this information please visit http://www.buyins.net, they assert, "the 'Shorting' is over...16,000,000 shares with others estimating the 'Shorting' to be as high as 60,000,000."
Currently, the Company has 62,000,000 shares outstanding, and simple calculations would assess a current book value for this company, as of today, at approximately $41.93 per share. Then the sum, when multiplied by a minimum of 16,000,000 shares shorted, comes to minimum of $670,880,000. A market analyst concludes this stock may be conservatively valuated at 2x its book value ($1,341,760,000) or put another way, about 4 times greater than TD Ameritrade's last year's net profit.
Some of TD Ameritrade's clients are already requesting their stock certificates in fear that TD Ameritrade may go under. They are moving their shares to other trading houses that they believe to be less likely to short this stock.
As Conversion Solutions Holdings Inc. nears its 10K due date (September 30, 2006) its share holders should look positively on the actions of their Chairman and his Board and their corporate wide confidence should be reflected and rewarded by ever increasing share values. Having said that and looking back on the events of the last thirty days I can say with certainty that it should be an interesting, but profitable ride for any person who wants to get on board to make the trip by supporting their company for the long haul.
For additional information concerning "Short Selling," please read "Darkside of the Looking Glass." by Dr. Patrick Byrne http://www.businessjive.com/nss/darkside.html
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause the actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
SOURCE Conversion Solutions Holdings Corp
WHERE IS EVERYBODY????
NEWS!!!!!!!!!!
KENNESAW, Ga., Sept. 13 /PRNewswire-FirstCall/ -- The following statement is being issued by Rufus Paul Harris, Chief Executive Officer of Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation .
Depending on who you speak to, the events of the last thirty days could be the beginning of the end for a trading dynasty. The "Short" selling of Conversion Solutions Holdings Inc. (OTC Bulletin Board: CSHD) company stock by a once loved and respected trading house may have sealed that company's fate as it is now perceived to specialize in "Shorting" OTC Bulletin Board stocks.
Short selling of OTCBB stock is legal, and is used by some companies to create liquidity where there is none. Why would a stock be stagnating, you may ask? In some instances anticipation of an upcoming 10K or a price reset might cause a company's share holders to sit tight and hold for a time. Companies that participate in the practice of "Short" selling either: buy their positions out of the market or go bankrupt.
Conversion Solutions Holdings Inc. has filed 8K documentation, announcing nearly 2.6 billion dollars in assets and yet TD Ameritrade (and their subsidiaries) continue to sell shares they don't own, or have the ability to borrow. TD Ameritrade responds not by buying the stock out of the market, to cover their "Shorts," but by refusing their customers their legitimate right to buy more OTC Bulletin Board: CSHD stock. Some Conversion Solutions Holdings Inc. supporters have shared their thoughts and feelings on the forum http://www.hotstockmarket.com, many of whom vow to press litigation against TD Ameritrade for not allowing them to purchase more CSHD stock. This stock has been on regulation SHO for 25 consecutive days and it has been confirmed that it has been "Shorted" by an objective "Third Party." To peruse this information please visit http://www.buyins.net, they assert, "the 'Shorting' is over...16,000,000 shares with others estimating the 'Shorting' to be as high as 60,000,000."
Currently, the Company has 62,000,000 shares outstanding, and simple calculations would assess a current book value for this company, as of today, at approximately $41.93 per share. Then the sum, when multiplied by a minimum of 16,000,000 shares shorted, comes to minimum of $670,880,000 . A market analyst concludes this stock may be conservatively valuated at 2x its book value ( $1,341,760,000 ) or put another way, about 4 times greater than TD Ameritrade's last year's net profit.
Some of TD Ameritrade's clients are already requesting their stock certificates in fear that TD Ameritrade may go under. They are moving their shares to other trading houses that they believe to be less likely to short this stock.
As Conversion Solutions Holdings Inc. nears its 10K due date ( September 30, 2006 ) its share holders should look positively on the actions of their Chairman and his Board and their corporate wide confidence should be reflected and rewarded by ever increasing share values. Having said that and looking back on the events of the last thirty days I can say with certainty that it should be an interesting, but profitable ride for any person who wants to get on board to make the trip by supporting their company for the long haul.
For additional information concerning "Short Selling," please read "Darkside of the Looking Glass." by Dr. Patrick Byrne http://www.businessjive.com/nss/darkside.html
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause the actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission .
SOURCE Conversion Solutions Holdings Corp
News??? out??eom
New post from legalnoob (HSM): Posted 7:36 p.m.
Alright, on the way to pick up the kids from the Y I was able to talk to RFP again (go figure after all my attempts before). He confirmed that "there will be a PR today" confirming the completion of the merger.
BOOOYAH!
__________________
The foregoing post is soley my opinion and/or speculation and is not intended to be relied upon for investment decisions or as tax advice.
RPH: the Babe Ruth of CEOs!
Deano, looks like Chevy's last post on IHUB was at 8:30 this a.m.. I agree with you though - he seems like a straight shooter!! I wish he would make an appearance here and elaborate if possible.. GLTY
Deano, did Chevyrider post this on HM??TIA
Re: Tut message, I thought someone posted awhile ago that the symbol "." was meant to mean "finality" or "finished".. I don't recall who posted the message previously..FWIW
Watch the bashers scream "scam" if we don't see news by 4:00:01...LOL
I'm glued to the screen as well but am trying to be patient.
While we're waiting...any word from TUT??eom
Sammy, neither you no any of us have an idea when they will file or they will get an extension... For you to say that they will likely do this or that is BS!! Your posts seem to keep getting more negative as we get closer to the big event. I don't remember you taking such a negative and cynical view of this stock in the past... am I wrong??
What's up?? Are you short or just hoping for another chance to flip???
I can't believe they keep dropping the pps after all of these buys...just amazing... MM bastages!!
Seems like something has to give now!!!eom
nukuhiva, "your people were blinds", WTF??? English must be a second or third language for you.... Gotta love bashers that can't even put a complete and coherent sentence together!!!
mag, do you think we'll see that kind of pps as a result of a combination of the squeeze, 10k and PRs to follow?? I would love to know your reasoning.. TY
mag57, we're just waiting patiently... very excited though. Please share your thoughts on below post.
Posted by: some_extra_dough
In reply to: lesnshawn who wrote msg# 71959 Date:9/11/2006 12:45:47 PM
Post #of 71962
TallRob, I'm curious as to whether you and other longs have set GTC sell orders... and if so, at what amounts. I've thought about doing sell orders for various amounts (ie. 50, 55, 60, 65, etc.)?? Any thoughts on selling strategies if we see the level of pps like we're hoping?? TIA & GL
TallRob, I'm curious as to whether you and other longs have set GTC sell orders... and if so, at what amounts. I've thought about doing sell orders for various amounts (ie. 50, 55, 60, 65, etc.)?? Any thoughts on selling strategies if we see the level of pps like we're hoping?? TIA & GL
Blue, an Apex rep. told me this last week:
Posted by: some_extra_dough
In reply to: None Date:9/8/2006 11:48:16 AM
Post #of 71872
Important - Just spoke to TDAmeritrade:
The rep. confirmed that TD is not allowing any buys of CSHD shares at this time. Interestingly, TD is allowing people to sell CSHD shares. I asked the representative if this could have anything to do with the rumors that CSHD was heavily shorted. He said that that would be a "very good explanation" for the restriction on buying. GLTA
Hunter, sell now if you want...I'm sure someone out there would love to have your shares. hehehehehe...
Night all. Great day today! Go CSHD!!
NEWS, NEWS, NEWS!!!!!!
Conversion Solutions Holdings Corp Updates Shareholders and Files 8-K on Current Events
By PR Newswire
Last Update: 9/8/2006 2:20:21 PM Data provided by
KENNESAW, Ga., Sept 08, 2006 /PRNewswire-FirstCall via COMTEX/ -- Conversion Solutions Holdings Corp (CSHD), a Delaware Corporation announces the following current events have taken place.
On September 8, 2006, the Company executed an engagement letter with Thomas Benson, Certified Public Accountant of 4599 Mistywood Drive Okemos MI 48664 to audit the consolidated financial statements of the Company for its fiscal year ending June 30, 2006, and the related statements of income, stockholders' equity, and cash flows for the year then ending. The Board of Directors approved the appointment of Thomas Benson, effective September 8, 2006.
There are no disagreements between the Registrant and the prior appointed C.P.A. David S. Hall, P.C., located at 100 Crescent Court, suite 700, Dallas, Texas 75201, on any matters of accounting principals or practices, financial statement disclosure or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of the former accountant would cause it to make reference to the subject matter of the disagreement(s) in connection with its reports.
The Official Merger date has been set for Wednesday, September 13, 2006 at the close of the trading day. At that time the corporation will receive the Non-Objecting Beneficial Owners (NOBO) from ADP Automatic Data Processing Inc. located at 51 Mercedes Way Edgewood, NY 11717 allowing the conclusion of the FHAL shareholder list for the completion of the Audited 10-K.
Note to Waatle Holdings Corp Convertible Note Holders; shareholders, Conversion Solutions, Inc Convertible Note Holders; shareholders and all Subsidiary shareholders; we will be providing documentation for your conversion to Conversion Solutions Holdings Corp on our Web site www.cvsu.us within the next week.
"The coordination with the various agencies and organization for the merger closure has been an extended process, which I take full responsibility for. My original time frames were very aggressive, my thought process was to increase the pressure on the various agencies and organizations and push this merger through as soon as possible to prevent the organizes market operations from maneuvering your shares out of your possession. I hope that I was successful. Things will now start to move at a fast pace for all involved, so Thank You for hanging in there and for being a Conversion Solutions Holdings Corp shareholder," stated CEO Rufus Paul Harris.
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 www.cvsu.us.
SOURCE Conversion Solutions Holdings Corp
lady, would you please repost the link... I'm having trouble pulling it up.. or, simply cut and paste the story if possible. Thank you!
bob, you've lost all respect here... I think you should be banned for your previous post (which was already deleted)... very immature!!
gary, you got it right the second time...can't buy but can sell....
Posted by: garytalk
In reply to: xlr8rs who wrote msg# 69409 Date:9/8/2006 1:12:57 PM
Post #of 69422
I called AMT 888-871-9887 CALL and put it to rest You can buy but you can not sell.
Gary, I think you have it backwards... please indicate correction to your post if I am correct.. TIA & GL
Blue, that's exactly what TDA told me!!eom
Sorry, itsmikie, I just stated exactly what I was told...take it FWIW!!
The rep. said that they were not provided an explanation from the dept. (I believe he said compliance dept.) as to the restriction. I mentioned the rumor that CSHD was heavily shorted. I then asked him if that could have anything to do with the restriction. That's when he said it could be a very good explanation for it. He said I would have to email the (compliance dept.?) directly for any more information.
Again, take it FWIW.. and call them yourself!
1-888-871-9007
h2omdO, see my previous post..you're correct!IMO
Posted by: some_extra_dough
In reply to: None Date:9/8/2006 11:48:16 AM
Post #of 69374
Important - Just spoke to TDAmeritrade:
The rep. confirmed that TD is not allowing any buys of CSHD shares at this time. Interestingly, TD is allowing people to sell CSHD shares. I asked the representative if this could have anything to do with the rumors that CSHD was heavily shorted. He said that that would be a "very good explanation" for the restriction on buying. GLTA
bobm, I'm not doubting you.. I don't know how you got your buy through.. I'm just stating what TDA told me.. We're on the same team!!! GLTY
Call them yourself...restriction is on!!
Important - Just spoke to TDAmeritrade:
The rep. confirmed that TD is not allowing any buys of CSHD shares at this time. Interestingly, TD is allowing people to sell CSHD shares. I asked the representative if this could have anything to do with the rumors that CSHD was heavily shorted. He said that that would be a "very good explanation" for the restriction on buying. GLTA
king, did you call TDA??? TIA