Conversion Solutions Holdings (fka CSHD)

[Our-Street]

RUFUS CANNOT ISSUE THE SHARES!!
I know you are going to criticize me and say I am nit picking but I can't help it.. ok? Still, I think this is important.

I am working on the update to my website where I tear this 10K apart and the SEC and Rufus with it and I came across another interesting little problem.

FACT 1. Post merger CSHD has approximately 110 million shares outstanding.
FACT 2. This split/dividind/distribution.. whatever you want to call it calls for 6 shares to be issued for every one owned now. This is about 660 million shares total bringing the total issued and outstanding to something around 770 Million.
FACT 3. Depending on which part of the 10K you want to use, CSHD has either 200 or 100 million shares authorized. Using the 200 million figure, this means that Rufus can't issue more than 90 million shares without violating the Articles of Incorporation.

Of course, it's possible to change the Articles of Incorporation and increase the number of authorized shares but that is a specific procedure called a "shareholder vote". This is when Rufus gets to use his NOBO and OBO list to mail a proxy statement to each and every shareholder so he can then hold a shareholder's meeting. This is gonna take a while and in the interim, he has some serious problems promising something he can once again not deliver on.

What is even more interesting is that in all the excitement to try and trap the shorts.. Rufus forgot to add any disclosure about fixing or even acknowledging this oversight.

Say.. here's a good poll.. how many people the think a SEC qualified attorney actually helped in the preparation or review of this bogus document?