Conversion Solutions Holdings (fka CSHD)

[Thirsty Tiger]

Sceptor, you never fail in showing your inexperience

Sure, after the merger, which btw is still to be executed on some undetermined future date, the fiscal year of the new company will be changed to coincide with the calendar year.

However, facts still stand that the FHAL fiscal year ended 06/30/2006 and that FHAL (or CSHD) will owe the SEC a 10-KSB for the year 7/1/05-6/30/06 before 9/30. You are not allowed to LENGTHEN your fiscal year by pushing end of year date up without filing a 10-K for the originally defined fiscal year.

By changing the end of the fiscal year, FHAL (CSHD) will owe the SEC another 10-KSB for the newly defined year ending 12/31. That is, FHAL (CSHD) will need to file TWO yearly reports within one year. I’ll leave it up to you to figure out when the second one is due.

TT