Conversion Solutions Holdings (fka CSHD)

[thehavenots]

Well, I think he may have been talking about more deals like this, he explained more in the paltalk, and actually, I think it sounds like a good business model:

2006-04-28 10:28:33
Conversion Solutions announces $500 million investment
Funding agreement with Ismet Paez of The Caracas Group

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KENNESAW, Ga., /PRNewswire-FirstCall/ -- Conversion Solutions, Inc. (OTC Pink Sheets: CVSU) announces that during the SB-2 filing process the following current events have taken place.

CVSU would like to announce the signing of a Global Funding agreement with Ismet Paez of The Caracas Group. The funding agreement brings 500 Million United States Dollar denominated Global, Bonds on the Republic of Venezuela with a 13.625% annual coupon, to CVSU's financials. The bond has been loaded in the Euroclear system with the following codes:

ISIN Number: US922646AT10

Common Code: 008975540

CUSIP: 922646AT1

BB Registration: A-989/08/01 to A-989/08/19


The bond also trades under symbol (VEZD) on the Deutsche Borse Frankfort market.

"We have been working diligently toward Hypothecation of the Bonds for liquidly. We have received written pre-approval for a credit line on the bonds and are in the final phases of execution. This process is very important to the launch of CVSU's business model for the funding of the projects and Asset Backed Security (ABS) origination," stated Ben F. Stanley, COO.

"The Board of directors has decided to complete the Credit facility prior to filing the SB-2; we feel that the addition of this asset is beneficial to the shareholders value," stated Rufus Paul Harris, CEO.

CVSU along with Seko Management Inc would like to announce the formation of a joint venture corporation called Seko Management Inc. "SMI" a (Florida Corporation). Seko Management Inc. holds an Exclusive Contract for 50% Profit Sharing for the Group "RUN BY LOVE" http://www.runbylove.com. The newly formed corporation has 100 million shares authorized and 60 million issued. The equity division of the corporation is 30 million shares to the Seko staff and 30 million shares to the current shareholders of CVSU.


"As CEO of Seko Management Inc. I am pleased to announce it is a pleasure to have added a joint venture under the umbrella of CVSU. I believe that working together with CVSU gives a lot of opportunities in the future," stated Zsolt Szekely, CEO.

"RUN BY LOVE feels that it is an honor that CVSU and Seko Management believe, that the band can achieve big success not only in the USA, but worldwide as well. We believe that working together with CVSU and Seko Management gives us a chance to become known and also loved. This is our big chance to bring something new and unique in today's music history," stated Zed K., artist, producer and writer for the group RUN BY LOVE.

About Conversion Solutions, Inc
CVSU is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CVSU'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. CVSU and WHSC are headquartered in Kennesaw, Georgia, a suburb of Atlanta.

More information:

http://www.cvsu.us

Current Joint Ventures
American International Smart Structure
Brittenum Brothers Entertainment, Inc.
Rocky Road Records, Inc.
Seko Management Inc.

Current CVSU Subsidiaries
Tserof Holdings Inc
CVSU Coffee Shop
Equine Solutions Inc

Waatle Merger Subsidiaries
Live Mortgage Free
Federal Chamber of Commerce
Center State Beverage
LotteryFever.com
InfinityOne Inc
Amruss Group, LLC
LoanShoppers.com