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Tuesday, 11/28/2006 12:18:01 AM

Tuesday, November 28, 2006 12:18:01 AM

Post# of 275594
CSHD Rufie fired again. Second time in a month. New CEO is a penny stock pump promoter from Canada and a known CSHD shill on the HSM pump board. No, I am not making this up….who needs TV for entertainment

KENNESAW, GA -- (MARKET WIRE) -- 11/27/06

http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=188705&ProfileId=051205&am....
Conversion Solutions Holdings Corp. (OTCBB: CSHD), a Delaware Corporation, announces the following current events have taken place:

On November 27, 2006, Conversion Solutions Holdings Corp. shareholders, representing 51+% of the eligible voting shares of the Company, based on a unanimous recommendation from the CSHD Shareholder Committee, have voted and agreed to remove Mr. Rufus Paul Harris as Chief Executive Officer and Chairman of the Board due to, but not limited to, the following reasons:

1. Breach of fiduciary responsibility by not retaining proper legal counsel to represent Conversion Solutions Holding Corp. in response to a Complaint filed by the SEC in the Georgia Northern District Court;

2. Failure to file timely responses to the SEC's Complaint in Georgia Northern District Court;

3. Failure to file the annual 10k in a timely manner, which resulted in a violation of the SEC Eligibility Rule for the OTC BB, thereby causing an 'E' to be affixed to the Company's ticker symbol.

On November 27, 2006, Conversion Solutions Holdings Corp. shareholders, representing 51+% of the eligible voting shares of the Company, based on a unanimous recommendation from the CSHD Shareholder Committee, have voted and agreed to appoint Mr. John Arlitt as Chief Executive Officer and Chairman of the Board of Conversion Solutions Holding Corp.

Pursuant to the provisions of the Delaware Business Corporation Act, as amended, the undersigned directors, being a majority of the shareholders of The Fronthaul Group, Inc./Conversion Solutions Holdings, Corp., a Delaware corporation (the "Company"), acting by written consent, hereby adopt the following corporation shareholder resolutions and hereby consent to the taking of the actions set forth therein.

WHEREAS, Randy Moseley has offered to return to the Company as its Interim Chief Financial Officer, pending D and O Insurance, to assist Mr. Arlitt in the restructuring and management of the financial aspects of the Company.

RESOLVED, that John Arlitt be appointed as the Company's sole director in replacement of Rufus Paul Harris, the current director of record with the Delaware Secretary of State, and any other directors that might have been appointed and not reported to the Delaware Secretary of State.

RESOLVED FURTHER, that John Arlitt be appointed as the Company's Chief Executive Officer, President, and Chairman of the Board.

RESOLVED FURTHER, that Randy Moseley become the Company's Interim Chief Financial Officer, pending D and O Insurance.

RESOLVED FURTHER, that John Arlitt, and other management personnel appointed by Mr. Arlitt as sole director, be authorized to establish corporate bank relations and accounts for the Company.

RESOLVED FURTHER, that John Arlitt be authorized to establish the corporate offices for the Company in a location that he deems appropriate, and to accumulate and secure all of the Company's financial records at the selected location.

RESOLVED FURTHER, that the Company file an amended Annual 10-KSB and the September 30, 2006 Quarterly 10-QSB with the Securities and Exchange Commission as soon as possible.

RESOLVED FURTHER, that the Company terminate all existing employment agreements, and authorizes the new Board of Directors to negotiate employment agreements with new management as deemed necessary.

RESOLVED FURTHER, that John Arlitt, as sole director, be authorized to cancel shares of common stock issued to the replaced board of directors and management as he deems equitable.

The execution of this Consent, which may be accomplished in counterparts, shall constitute a written waiver of any notice required by the Delaware Business Corporation Act or this corporation's Articles of Incorporation and Bylaws.

Dated: November 27, 2006.

About Conversion Solutions Holdings Corp.

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

Conversion Solutions Holding Corp. Safe Harbor Statement

Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to the company's plans, objectives and expectations for future operations and are based upon management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.



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