Conversion Solutions Holdings (fka CSHD)

[faith4more]

FHAL:::::Posted by: Jmoove
In reply to: None
Date:7/19/2006 4:55:53 PM
Post #of 4219

Here is a good explanation of the PR I think, been doing securities work for a while and this is how i understand it.
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."

The statement above breaks down to this;
CVSU current shareholders(CVSU old) will get FHAL shares, then upon the filing of the S-4 which registers the new shares and effects the symbol change. Then All FHAL shareholders (CVSU old shareholders included) become shareholders of the new symbol CVSU which then will be traded at $15. The option for the $15 applies to the new symbol CVSU which includes us as FHAL shareholders.

If the option only applied to current CVSU shareholders then the "options" 1-3 would be in effect now for them. Since the option take place after the S-4 which registers the 111 million shares now in the o/s, current FHAL shareholders are included as participants in the options.


The key to the PR is that CVSU shareholders turn into FHAL shareholders who all turn into CVSU (new symbol) shareholders.