Conversion Solutions Holdings (fka CSHD)

[DUE DILLY]

Due Diligence is usually best started by reading the company's public filings. It is interesting (per the 10K) that CSHD has a huge net worth but a going concern statement was included by the accountant. It is also interesting that the first 10K filing didn't include the accountant's opinion letter. The final opinion letter doesn't include the going concern statement which statement is only in the footnotes - this is very unusual. These items in themselves should give the reader a stong whiff that something is wrong.

This followed by CSHD's inability, over a period of a month, to give the SEC evidence that they owned the bonds is the icing on the cake. - THIS IS A TOTAL FRAUD AND THEREFORE YOU CAN NOT RELY ON ANY INFORMATION FROM THE FRAUDSTERS.

Perhaps you might believe the following - everything that CSHD said is true, and Rufus is happy to see the stock tank so he can buy back the shares on the cheap.

What I cann't understand is how anyone can pay $.50/share on the gray sheets for a security that the SEC has brought action against.