Conversion Solutions Holdings (fka CSHD)

[Thirsty Tiger]

There will not be a halt

The reason is simple. The OTCBB is not a self regulatory exchange like AMEX, NYSE or Naz. Therefore the NASD, which manages the OTCBB has absolutely no authority to issue a halt except in very rare circumstances, such as

1. the company is also traded on a foreign exchange and is halted on that exchange (Foreign Regulatory Halt)
2. the security is a derivative of a company listed on a national exchange. For instance, warrants traded on the OTCBB of a company on the Naz will be halted if the trading of the company’s stock on the Naz is halted (listed security halt)
3. the company has failed to comply with the requirements of SEC Rule 10b-17 (Record Dates)

Other than for these reasons, the NASD is totally powerless to issue trading halts on the OTCBB (and so is anybody else). The halts you see on real exchanges for anticipated news can therefore never happen and has never happened on the OTCBB.

The only other authority to stop trading on the OTCBB is the SEC, which actually does not issue halts, it merely suspends the trading for a set period of time. Usually 3 weeks.

That is, and I hope everybody reading this board understands that it does not matter how much the CEO or anybody else is screaming about a halt, it will not happen. Not now, not ever.

Case in point. Take a look at the OTCBB halts for this year

http://www.otcbb.com/marketwatch/tradehalthistory.stm

ADZR and DOVPW.

ADZR was halted (suspended) by the SEC before being kicked off the OTCBB. Here is part of the ADZR PR issued to clarify the halt to the shareholders

http://biz.yahoo.com/pz/060712/102024.html

CALVERTON, N.Y., July 12, 2006 (PRIMEZONE) -- AdZone Research, Inc. (OTC BB:ADZR.OB - News) reported today that its Chairman, Charles A. Cardona, has issued the following update to shareholders:

Dear Fellow Shareholders:

AdZone Research is currently the subject of a stock trading suspension by the SEC. The company was given no prior notice that this would occur and has yet to receive any additional information from the SEC regarding this matter. The company has always done its very best to completely comply with all past SEC requests and inquiries and intends to continue to do so.

DOVPW. This should not require any clarification. See that "W" at the end of the symbol. It means it is a Warrant. DOVP (without the "W") is a stock listed on the Naz. DOVPW is a warrant for DOVP listed on the OTCBB

and as stated. If the security is a derivative of a company listed on a national exchange. For instance, warrants traded on the OTCBB of a company on the Naz will be halted if the trading of the company’s stock on the Naz is halted (listed security halt)

If you really want to, you can look through any prior year's halts and after applying the OTCBB rules, find the same. No halt