Does the Jan 12 CSHD release confirm failure? They talk about previous management's failure and neglect; and then say their first priority is to pursue funding. Does this confirm that the bonds were all a sham - if not wouldn't they just clean up the bonds.
Conversion Solutions Holdings Corp. Updates Shareholders on Current Events The proposed move of Conversion Solutions Holdings Corp. (OTCBB: CSHD) office to Lake Dallas has been postponed until further notice. The contact for the company is John Arlitt. Email questions to john.arlitt@cshcorp.us. "The company will continue to move forward and ask for the patience of the shareholders. We are working diligently towards building a profitable company and are assessing various options to moving forward and create shareholder value. Our first priority after having reviewed and assessed the company status from previous management's failure and neglect of their duties is to pursue various funding options to resolve all regulatory issues outstanding and bring the company into compliance with all filing requirements. We understand the need for an update to the shareholders but at this time we can only report that we are moving as expeditiously as possible and will release results as they are achieved," stated John Arlitt.
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