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bluediamonds

08/12/06 11:22 AM

#39367 RE: rick85284 #39358

$500M BOND in CSHD BALANCE SHEET as filed in MERGER 8-K, July 11, 2006 (merger)

http://www.sec.gov/Archives/edgar/data/757563/000129707706000046/fhaul8-kmergersigned.htm

8-K/A 1 fhaul8-kmergersigned.htm SIGNED AGREEMENT
Exhibit 9.1

CONVERSION SOLUTIONS, INC.
(A Development Stage Company)
Balance Sheet
As of March 31 2006

ASSETS:

Current Assets

Cash & Cash Equivalents
$ 9,146

Interest Recivable
$ 33,125,000
$

Total Current
$ 33,134,146


Other Assets

Stables
$ 277,000

UCC Security Notes
$ 310,138,000


Total Other Assets
$ 310,415,000

Long-Term Assets

Long-term Investment in Bonds
$ 500,000,000

(see footnote)

TOTAL ASSETS
$ 843,549,146




LIABILITIES & EQUITY:


Liabilities:


Note Payable
$ 4,400,000

Long-term Note
$ 36,000,000


Equity:

Capital Stock
$ 2,329

(Common stock. .0001 par value 23,290,000 authorized, issued and outstanding)



Net Income (loss)

($ 284,019)

(1) Accumulated Other Comprehensive Income
$ 803,430,836


Total stockholders equity
$ 803,149,146





TOTAL LIABILITIES & EQUITY
$ 843,549,146