Conversion Solutions Holdings (fka CSHD)

[bluediamonds]

TS: Our-street's "DD" is often suspect (because he only looks for dirt and is not open to truth when it is positive, IMO)

Posted by: TruthSeeker
In reply to: Our-Street who wrote msg# 55524 Date:8/25/2006 1:48:34 PM
Post #of 55594

Her is something funny, Our-Street, I called the Dekalb County Courthouse through an associate of mine who works in the State and I was told that Mr. Canady was cleared of those fraudulent check cashing charges because a later investigation revealed a person was acting as Mr. Canady as he had originally claimed.

Additionally, in the Missouri case that you posted, the order was an order to show "why civil penalties should NOT be imposed." To date, according to the Missouri Secretary of State, no formal charges have ever been filed, just a cease and desist, and no fines have been levied. The order was similar to injunctions that are placed on other companies by the courts to prevent people from profiting until it can be proven that allegations are false. A court just did the same thing to the guy that won the World Series of Poker because 2 people claimed they paid his entry fee. The court specifically said he could not collect until Sept 1 when the court had completed its DD. It's a common practice of the court. Once fraud is proven then the Secretary of State or the courts issue another public order with the appropriate fines and sanctions.

You might want to be more careful how you research.


http://www.investorshub.com/boards/read_msg.asp?message_id=12915603

Is this the Steven Canady related to the PRed bond?

Web References

1. content
www.bayoutech.com/pages/7/page7.html?refresh=1118270059814
Published on: 10/22/2005 Last Visited: 10/22/2005

Steven O. Canady, SMD, MBA, MS, Chairman/CEO is the principal founder of Bayou Technologies, Inc. Mr. Canady received his Bachelor of Science degree in Chemical Engineering with an emphasis on its Biomedical application and a Master's degree in Business Administration. Mr. Canady studied medicine Cambridge United Kingdom. In 1990, he participated in an internship at NASA and Baylor University School of Medicine through Tougaloo College Summer Science Program. Dr. Canady was invited to participate in a Bioterrorism Counter Intelligence program by the Canadian government and received the Certificate of Recognition for Outstanding Service from the Delegate to Congress of the United States Virgin Islands, the Honorable Donna M. C. Christensen.

http://www.zoominfo.com/people/Canady_Steven_594353895.aspx

content
www.bayoutech.com/pages/6/page6.html?refresh=1118270057867
Published on: 10/22/2005

Bayou Technologies, Inc. (BayouTech) is a multi-facetd biotech and medical device company that combines creative thinking with scientific experience in order to design and produce innovative artificial intelligence driven medical technology and proprietar

http://www.zoominfo.com/Search/ReferencesView.aspx?CompanyID=12897001

----------------

HUMANITARIAN & SCIENTIFIC WORLD FOUNDATION, LTD.

Officers

Title: CEO
Name: Steven Canady
Address: 400 Galleria Parkway
Atlanta GA 30338

http://corp.sos.state.ga.us/corp/soskb/Corp.asp?417901

-------------------

Steven Canady is listed as CEO of the HUMANITARIAN & SCIENTIFIC WORLD FOUNDATION, LTD., which is noted in the CSHD PR below:

CHSD PR: $579,149,833 USD MORE FOR $12.81 BOOK VALUE & a new justifiable reorganization release price of $25.63 (presently trades in $.53 to $1.65 range).

(COMTEX) B: Conversion Solutions Holdings Corp Updates Shareholders ( PR N
wswire )
B: Conversion Solutions Holdings Corp Updates Shareholders ( PR Newswire )

KENNESAW, Ga., Aug 18, 2006 /PRNewswire-FirstCall via COMTEX/ --
Conversion Solutions
Holdings Corp (OTC Bulletin Board: CSHD), a Delaware Corporation announces
that during the 10-K filing process the following current events have taken
place.

CSHD would like to announce the signing of a Global Funding Agreement with
the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation.
The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M.
Cason and Steven Canady.

The funding agreement brings a 450 Million Euro ($579,149,833 USD
converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8%
coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch,
and Composite A+ rating with a Moody's A1 rating).

The bond is loaded in the systems with the following codes:

Lehman Brothers Holdings PLC 6 1/8 A+

Common Code: 010924251
ISIN: XS0109242510

BB Number: EC2377199

"With the addition of this Asset to the corporation, we are now looking at
a new justifiable reorganization release price of $25.63, up $10.63 from the
original estimated $15.00 per share ($12.81 Book X 2). The exact number will
be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.

About Conversion Solutions Holdings Corp

CSHD is a diversified holdings corporation, which was formed to originate,
fund and source funding for asset-based transactions in the private market.
CSHD'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. CSHD is headquartered in
Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us
at http://www.cvsu.us.

SOURCE Conversion Solutions Holdings Corp
Rufus Paul Harris Conversion Solutions Holdings Corp, [e-mail],
[phone]
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved.
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