Conversion Solutions Holdings (fka CSHD)

[Valis]

Mothra talked to Daryl Horton (CFO) yesterday and had the speakerphone broadcasting on PalTalk. He stated that they had a self imposed deadline for the 10k, which was 70 days past the end of the year (June 30th).

Also, per the 8K filed on July 11th, "The pro forma financial information required by this Item 7(b) has not been included with this filing and will be filed by amendment to this Form 8-K not later than 60 days after the date this initial report on Form 8-K must be filed.".


This would put the both the self imposed deadline per Horton, and the 8K imposed deadline, per the 8k on July 11th, at approximately the same time, around September 10th. We can expect the 10k by that date at the latest. But, they could release this at any time.

I think it stands to be pretty obvious why they wouldnt have released the 10k yet. In early August, which they had originally indicated as a time for releasing the 10k, they had 1/3 of the bond assets they have now. They have jumped from 800 million in holdings to 2.3 billion! Don't you think that's a good reason to hold things off for a few weeks? Past PRs indicate they have been expecting these bonds all along, so when the opporunity came, why not hold it off.

People get impatient because they WANT the execs with this company to play it like a P&D. Rufus, Ben, John, and Daryl are building a real company here, and of course they conscious of the share price, but their main job is to make this company a success. Everyone wants their $15 dollars; but tell me this, knowing their own value, do you think their priority is going to be paying out penny traders or making sure everything is in place to make this business a success?


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