Replies to post #1542 on Conversion Solutions Holdings (fka CSHD)

[fishingincea]

I totally agree with you. that is the worst scenario.

Question is who is the holders of CVSU, I mean if most of CVSU O/S are holded by insiders(especially the CEO, CFO and other officers), and they choose to change their shares into note or return to treasure, as compension they receive options.

Someone here (who talked with new CEO) said that the NEW CEO told him/her the company is aggresively buying the stock from market.(very good sign).

[digiwench]

Good workup for worst case. Question: is FHAL actually booking almost $2mm liabilities over assets? Also, in FHAL holders favor the 8-K indicates that the buyers are not paying cash, but are expecting consideration if the Company shares fall below $15, right? So, that means the $1 scenario is not as likely as the fully diluted price ~$7.

I'm most concerned about lockouts and what will happen when it's free to trade. What are your thoughts here?

[digiwench]

So, to be clear, the Buyer (FHAL) will pay off some of the Company (CVSU) shares at $15, but not all of them, right? The fewer paid off before the conversion to FHAL, the more cash left for the surviving company (FHAL). That's good for the FHAL holders.

Also, the halt doesn't hurt holders; it just prevents trading while the closing takes place, right? Is there a situation where this halt could be protracted? Would that be negative then, since it would not be good news that the closing was not proceeding as planned? Anybody seen anything like that, or is it just worrying for nothing?