Conversion Solutions Holdings (fka CSHD)

[mothra]

5 business days. By this timeline, I would imagine it should be looking for it to show up on the list on Wed. or Thurs. unless vol. falls to nothing by then.

Found the info on the SEC website:

http://www.sec.gov/divisions/marketreg/mrfaqregsho1204.htm

"Question 6.1: Who is responsible for providing lists of threshold securities? When will the threshold lists be provided?

Answer: The SROs will disseminate threshold lists that will contain securities that are listed on their market systems and that exceed the specified fail level for at least five consecutive settlement days. A threshold security is expected to appear on one list. If a threshold security is listed on more than one market system, we understand that the SROs have agreed that the security will appear only on the threshold list of the SRO that maintains the primary listing.

On January 3, 2005, the SROs will begin the calculations necessary to determine whether securities may qualify as threshold securities. This process is described in greater detail in Question 6.2. On January 10, 2005, the SROs should disseminate the first threshold lists. SROs are expected to disseminate their threshold lists before the commencement of each trading day. We understand that the SROs have agreed to make all their lists publicly available at or before midnight each trading day. Therefore, these threshold lists will be in effect for the open of trading immediately following the posting of the threshold lists. We further understand that SROs will make threshold data available on their web sites in a downloadable, uniform, pipe-delimited ASCII format.

Question 6.2: How will SROs determine which securities should be included on a threshold list?

Answer: Any equity security of an issuer that is registered under Section 12 or that is required to file reports pursuant to Section 15(d) of the Exchange Act could qualify as a threshold security. Therefore, threshold securities may include those equity securities that trade on the OTCBB or on the pink sheets, as well as those that trade on the exchanges or Nasdaq.

At the conclusion of each settlement day, NSCC will provide the SROs with data on securities that have aggregate fails to deliver at NSCC of 10,000 shares or more. For the securities for which it is the primary market, each SRO will use this data to calculate whether the level of fails is equal to at least 0.5% of the issuer’s total shares outstanding of the security. If, for five consecutive settlement days, such security satisfies these criteria, then such security will be a threshold security. Each SRO should include such security on its daily threshold list until the security no longer qualifies as a threshold security. "