Conversion Solutions Holdings (fka CSHD)

[janniebgood]

I decided this morning since I've basically been LURKING here and making useless comments, I would do my share of work on this thing so am offering some insight into reverse merger and pps resetting:

More explanation on the resetting of share price following reverse merger:

Establishing The Initial Stock Price - Once a reverse merger is completed, a broker/dealer must decide to make a public market in the stock. The market makers, in conjunction with the company, determine the initial price for the stock. Perceived value, the "sex appeal," track record and potential growth of the company usually have more to do with initial pricing than earnings multiples and current book values. Competent investor relations and supportive market makers as well as management’s ability to relate the company’s potential to investors are of key importance.Ultimately, the public market acceptance of the company will determine the market price for the stock.

http://www.venturea.com/shell.htm