Conversion Solutions Holdings (fka CSHD)

[bluediamonds]

BEN (CSHD COO): 10k has been done since merger (just waiting on FHAL auditing) any day now...

FWIW

Today, 12:03 PM #1719
mcdonae101
HSM Addict


Join Date: Dec 2005
Location: Dallas
Posts: 4,779
Quote:
Originally Posted by Mickey Mouse
I think CVSU's 10k has been done since merger, but fhal's is still being audited. *speculation from interviews comments*


when i talked to ben stanley, he said that it was only fhal that had to be audited, he said cvsu was done
http://www.hotstockmarket.com/forums/showthread.php?t=41036&page=172
Posted by: chevyrider
In reply to: None Date:8/13/2006 4:36:33 PM
Post #of 39948

think the delay was due to raising the book as Ben said the other day

http://www.investorshub.com/boards/read_msg.asp?message_id=12634302


Today, 11:38 AM #1708
braveheart
HSM Enthusiast


Join Date: Feb 2006
Posts: 924
Quote:
Originally Posted by bodi
Morning all looked up some info on Hypothecation...

The original use of the word hypothecation was for a pledge of property as collateral for a debt without transfer of possession to the party making the loan.

Here are a couple more defintions:

Hypothecation:
Borrowing funds from a lender then investing those funds into a debt instrument that is concurrently given to the lender as the collateral for the loan.

Hypothecation:
Pledging of securities to a brokerage firm as collateral for margin loans made to purchase securities or to cover short sales.

Example: Hypothecation is a legal concept, which allows you to put your house up as security for a real estate loan without actually surrendering it. You enjoy all the rights of possession and use and even have the right to sell. This is why people can say they own their house, when if fact they are buying it on the installment plan. Under the title theory of hypothecation the lender holds the legal title and the borrower owns the equitable title. Under the lien theory the borrower holds the legal title and the lender’s mortgage is a lien on the title. The granting clause either conveys title to the lender or creates a lien on the title, depending on which theory is used.

My assumptions are based off…this deal is real or I would not still be here…Given what we know about Conversion Solutions (CS)…they intend to use the bond and UCC funds…to fund additional projects…each project will have assets/collateral to secure the loan, if the loan were to default CS, would maintain the assets.

Example: The Amazon log recovery deal. (BTW, spoke to CEOTA recently…still no license) but let say it was a legit license…the deal was supposedly worth 1.5 Billion dollars. For example: CS would loan an amount, equal to 80% of the value…1.2 Billion, the company pulls logs out of the river and pays CS back for the Note in either weekly, monthly, or quarterly payments…meanwhile back at CS headquarters…they have made additional loans to other companies like AISS…banks are allowed to loan more than a 1 to 1 on their assets… I have discovered from 1 to 7 is average and as high as 1 to 100 if the federal reserve back the lending institution… for example: if I had 100 dollars I could lend that 100 out to 7 different people…each one will pay me back in time for a total of $700 …meanwhile back at CS headquarters…the interest payments roll in and add on top of the interest the ownership in each project…cash begins to roll into the company and gives them even more lending ability…





Great DD bodi, thank you for your efforts, and great to see you back so soon!

I look forward to reading your dd on the mid-term notes too...

I am starting to believe that the proposed $15 is only the beginning here - halt, financials and price reset within the next few days would be great, then we can start talking about the realities for this company rather than the endless speculation!!!!!!

GLTA

http://www.hotstockmarket.com/forums/showthread.php?t=41036&page=171