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Re: Blue Sky Basin post# 5763

Wednesday, 07/19/2006 9:18:02 PM

Wednesday, July 19, 2006 9:18:02 PM

Post# of 19308
I just read the PR from today after the market closed and to me it seems that only the CVSU shareholders get shares of FHAL. The FHAL shareholders get nothing in this deal. It says CVSU shareholders get shares but it says nothing about FHAL shareholders getting anything. I could be wrong but thats the way it sounds to me.

The FrontHall Group, Inc. (OTC Bulletin Board: FHAL - News) acquired Conversion Solutions, Inc. (OTC Pink Sheets: CVSU.PK - News) through a merger agreement (reorganization).

The merger agreement filed in the form of an 8-K with the Security Exchange Commission (SEC).

The share conversion upon the 10KSB filing (Audited Financial) will be a 1 for 1 ration. Each shareholder of CVSU will receive one share of FHAL.

Upon the S-4 registration of the CVSU shares received through the merger agreement, the company will have 3 options at hand.

1.) If the Market Closing Price on the Completion date exceeds $15.00 (Fifteen) USD the Surviving Holdings Corporation (OTC Bulletin Board: CVSU - News) may option to maintain that days Market Closing Price.

2.) To pay each shareholder that options out an amount in cash equal to $15.00 minus the Actual Average Closing Price.

3.) Set the Average Closing Price at $15.00 and pays no additional consideration to any shareholders.




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