Conversion Solutions Holdings (fka CSHD)

[cindyyoohoo]

Today, 07:39 PM   #11406
wallymac
HSM Regular

 
Join Date: Feb 2006
Posts: 370




Quote:
Originally Posted by ww2player
OK so now Mike is saying that he "forgot" to file the form allowing him to convert and is now backdating the conversion? So this was supposedly done when he was CEO. But according to Bodi's post it was done before the 6-1. I thought.. and he wasn't ceo then, so how could he convert them? especially if he had already signed them away in the merger agreement..


From the merger agreement.


Preferred Stock


CSHD's Certificate of Incorporation authorizes the issuance of 20,000,000 shares of preferred stock, $.001 par value.


Furia issued 500,000 shares of its convertible preferred stock in connection with the acquisition of Fronthaul Inc. in August 2004. Each outstanding share of preferred stock is convertible into 100 shares of the Common Stock of Furia, for an aggregate of 50,000,000 shares of Common Stock.


The mentioned preferred stock was held by Former CEO Michael Alexander and was nullified upon the execution of the Merger Agreement dated July 8, 2006 with CSHD and filed with the Security Exchange Commission is incorporated herein by this reference to 8-K/A [html][text] 500 KB [Amend] Current report, item 2.01 Acc-no: 0001297077-06-000068 (34 Act).

http://www.pinksheets.com/quote/filings_by_name.jsp?url=%2Fredirect.asp%3Ffilena me%3D0001297077%252D06%252D000083%252Etxt%26filepa th%3D%255C2006%255C10%255C19%2 55C&symbol=furia

Funny that mike doesn't remember this being in the agreemment he signed. HMM

GLTA
Wally



RisingPhoenix
HSM Addict

 
Join Date: Nov 2006
Posts: 2,727




Quote:
Originally Posted by Buster 74
Here's an interesting question...Who would benefit the most if CSHD was delisted???



The SHORTS!

Today, 07:34 PM   #11401
CaptainSolo
HSM Addict

 

 
Join Date: Sep 2006
Location: Long Island, NY
Posts: 4,943




Quote:
Originally Posted by RisingPhoenix
The SHORTS!




And guess who wants it delisted!

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