Conversion Solutions Holdings (fka CSHD)

[Thirsty Tiger]

Samaelrocks, you are not a quick learner are you? The rules for halts on the OTCBB are (again)

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)

Lets take a closer look at all the trading halts for 2004

AIMT – Halted by SEC on 12/15
http://ftp.sec.gov/litigation/suspensions/34-50858.pdf#search=%22AIMSI%20TECHNOLOGIES%22
http://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2004.shtml

USCA – Halted by SEC on 10/28
http://www.sec.gov/litigation/suspensions/34-50599.htm
http://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2004.shtml

SHLMP – is a derivative (preferred) security of SHLM traded on the OTCBB . SHLM is traded on the Nasdaq. Trading halt of SHLM on the nasdaq triggered halt of its derivative (rule 2)

KOMGW – warrants, i.e a derivative. See halt rule 2 again

GDLS – Halted by SEC on 4/26
http://www.sec.gov/litigation/suspensions/suspensionsarchive/susparch2004.shtml

BOCX – Halted by SEC on 4/8
http://www.biospace.com/news_story.aspx?StoryID=15712820&full=1

WRLT – Halted by SEC on 3/16
http://www.sec.gov/litigation/suspensions/34-49419.htm

VDYS – Halted by SEC 3/10
http://goliath.ecnext.com/coms2/gi_0199-126199/Our-Street-com-praises-SEC.html

Last is a good one, no?


Now, do you get it. No halts on the OTCBB