Conversion Solutions Holdings (fka CSHD)

[bluediamonds]

saywhat: This is intersting too:

CALL FOR RUFUS by harvey

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cshd (Read 27 times)harvey
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cshd
« Thread Started on Yesterday at 10:34am »

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I have been calling Mr Harris now for 3 days and finally about 10 minutes ago Gerry Bivens the corporate secretary picked up the phone .

I asked him about the 10k and he said it was still in process but was unwilling to divulge any information other than they hoped to release it soon and that only RPH or Ben could answer my questions .

He has taken down my number and advised that he will forward to RPH and hopefully he will call me back if he is as busy as Gerry says i donot expect a call.If he calls back i will let you know

Please take this for what it is worth.
just thought i would let everbody know that i did get through eventually but it has taken nearly 3 days of continous dialling

http://traderscorner.proboards79.com/index.cgi?board=fhal&action=display&thread=1156433699

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MORE THOUGHTS ON 10-K DELAY

Today, 12:29 PM #3745
qrq3p7
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Join Date: Jul 2006
Posts: 114
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.

http://www.hotstockmarket.com/forums/showthread.php?t=41487&page=375


Problem is that most of us here have been going over this for the past 6 weeks and has been a new topic of discussion on business model every day. For me, I have seen enough to validate that there is something real under the covers. AISS seems to be the big hook here as mention of gov't contracts. The lottery piece also has quotes from Georgia state senators. I think that everyone has moved on from the validity of the underlying business because they would not have people signing up with the companies with assets "bonds" w/o being something there to support. I speculate that no one has 100% proof of what any of the businesses are doing, but given the assets that have been filed with the SEC I for one assume there is business on the other end of that.

More opinion. I don't think that people with hundreds of millions would be signing up to do business with a shady company that is making claims of price reset, ect w/o them doing thier own due dilligence and believing as well. If these entities are signing up with thier assets to do business with CSHD, I think that they would be terrified of litigation against thier assets if they thought that there was a scam in play. I share this sentiment as they have put out way too many claims to not be able to deliver on at least half of them w/o ending up in court for the rest of thier lives.

Final opinion, I think that this thing has not gone through the roof because everyone is questioning dilution of the stock and how many shares are outstanding. It was stated that there are 111M shares out there FWIW.

http://www.hotstockmarket.com/forums/showthread.php?t=41487&page=376

CSHD $3.5 BILLION & COUNTING...

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Today, 05:12 AM #3204
phil
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Join Date: Mar 2006
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Quote:
Originally Posted by bluediamonds
Phil:

Where did the $3.5 billiion number come from?

TIA


Rufus stated $3.5 billion under contract in the 1st MN1 interview (I think thats the one), and it is also shown below in their PR about the $500 million dollar bond from the Caraca Group. $500 million + $3 billion = $3.5 billion under contract.


Quote:
Originally Posted by surferBj
How About $3 Billion For CSHD/CSVU! Remember this News.

Conversion Solutions announces Funds Management Agreement with Emiro Holdings Corporation.

KENNESAW, Ga., May 29, 2006/ -- Conversion Solutions, Inc. (OTC: CVSU) announces that during the SB-2 filing process the following current events have taken place.

CVSU would like to announce the signing of a Joint Venture and Funds Management agreement with Emiro Holdings Corporation, a Canadian Corporation. This agreement brings the ability and use of credit derivatives such as a credit default swap or total return swap allowing the corporation to tender its assets for securitization.

Emiro Holdings Corporation will manage all European Funds for CVSU and facilitate the relationships that CVSU will need for large market debentures. The term of this Agreement shall be five (5) years, with mutually agreeable renewals up to another five (5) years. Under the contract CVSU will receive $20,000,000 in initial capital.

“We have also received an offer for an additional 3 billion in Global and Euro Bonds from the Caracas Group and the Board is currently making the necessary arrangement for receipt and securitization.” stated CEO Rufus Paul Harris
Attention Shareholders, Note Holders and Option Holders; Prior to the SB-2 filing CVSU requests and recommends that all Subsidiary Contract holders, Shareholders, Note Holders and Options Holders update their Mailing Addresses and Contract contacts information. Go to the shareholder update page at CVSU.US and print the page. Upon completion please fax your information to 404-393-9824.
http://www.waatle.com/783548.html


About Conversion Solutions, Inc

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


Now whether they completed the work needed to get the additional $3 Billion in as an asset before the merger remains to be seen. If they have then it will simply just pop up in their financials. If they did not accept the $3 Billion before the merger then an additional 8-k and pr that will come from it.

http://www.hotstockmarket.com/forums/showthread.php?t=41487&page=321

Sub Penny Radio & CSHD (Great Post)

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jdc185s
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Re: CSHD 8K OUT
« Reply #32 on Today at 5:12am »

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Interesting IHUB post, post 55287


I have been listening to Sub Penny Radio tonight. I missed the 7pm show. They repeat it after midnight and through the day. They played a recorded phone call with Dave at Charles Schwab. They asked about the offer to borrow CSHD shares at 6%. Great conversation for longs and shorts to hear. The host of Sub Penny had been less than supportive of CSHD in the recent weeks making it sound like it was not going to turn out good. I think the phone call had a major effect on his thoughts about CSHD which prior to the call he had still been referring to as Fronthaul. I don't always agree with the host, but he is fair and great at getting to the facts. He did an interview with IPRE recently where it was being bashed and got to the facts. The stock came through big time. I am not longer mad at him and will continue to listen to him nightly when I can. I think this will be the second stock that has been very confusing for investors that he has helped get the facts straight on that I am in. Batting 1000%. I wish Rufus had gone on his show instead of MN1 and Paltalk. I hope Rufus does go on his show now. This guy is smart and doesn't buy the bull. He asks the right questions and gets to the facts quickly. He is not pro long or short but pro investor, knowing that you can make money on both sides.

What I got from the call:

Schwab's program of borrowing shares has been around and they are not the only ones doing it.

CSHD is one of maybe 100 companies people are wanting to borrow shares of

Others on the list paying higher than the 6% for CSHD are Overstocks.com and Fairfax Financial(maybe 7-10%), much higher priced stocks

Schwab borrows at 6%, loans at a higher rate to Merriel and the other BIG BOYS, who in turn loan to others or use for whatever they want.(hedge funds?, hold?, help Rufus?,etc)

The BIGS BOYS don't usually bother with OTCBB stocks(interest?)

If Schwab pays 6% and BIG BOYS pay Schwab 6%, and end user pays 6%, that could be 18% net. Why would anybody pay this kind of money to borrow CSHD shares for SHORTING?

Schwab wants to borrow for a minimum of 2 months(minimum). Would you make a loan on a stock you thought was going away or declining in value?

Schawab wants shareholders with 50,000 shares or more that are debt free(not leveraged by margin)100% paid for(even in a margin acount. Mine are in a margin account and fully paid for.

Is this what Rufus was talking about when he said he had institutions lined up to support the price of the stock?

Who are the market makers on CSHD? I believe I have seen a list through all of this research. Maybe one of the bashers would like to find that out.

I did not need anymore convincing that this is a great opportunity, but this helped.

The Big Boys do their homework well. They and the people who put up the bonds are well aware of what is about to happen. Maybe the bashers can call Merriel and the other BIG BOYS to find out why they are so stupid.

I don't think they think it will be a OTCBB for long.

This may explain the intense nonsense and misinformation program from the negative people on this board. Here is a good place for them to focus their top notch DD skills on.

Don't care when I see the 10k or any PR from here on out. Don't need it. Just watching and waiting.

Don't care to hear anymore Basher Questions to instill doubt. Bashers do your own REAL DD and come with facts if you can or go cover NOW!!!

http://traderscorner.proboards79.com/index.cgi?action=display&board=general&thread=115636741...