he has kids, and he so ruined if he makes a mistake, the press releases don't even have the safe harbor clause at the end:
look at this, and read it again, there is no safe harbor clause, anyone that is a shareholder in CSHD, if they don't have the bond, and the price is not relatively near 25 bucks a share they can sue!!!!!
Conversion Solutions Holdings Corp Updates Shareholders Friday August 18, 1:14 am ET
KENNESAW, Ga., Aug. 18 /PRNewswire-FirstCall/ -- Conversion Solutions Holdings Corp (OTC Bulletin Board: CSHD - News), a Delaware Corporation announces that during the 10-K filing process the following current events have taken place. CSHD would like to announce the signing of a Global Funding Agreement with the Humanitarian & Scientific World Foundation, LTD a Georgia LTD Foundation. The Foundation's Co-Operators are Adnan Sakli FD# 8216 and 8217, Craig M. Cason and Steven Canady.
The funding agreement brings a 450 Million Euro ($579,149,833 USD converted) denominated Note on Lehman Brothers Holdings PLC with a 6 1/8% coupon to CSHD's Asset Back Management facility. (The MTN holds an S&P, Fitch, and Composite A+ rating with a Moody's A1 rating).
The bond is loaded in the systems with the following codes:
Lehman Brothers Holdings PLC 6 1/8 A+
Common Code: 010924251
ISIN: XS0109242510
BB Number: EC2377199
"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2). The exact number will be disclosed in the SEC filings," stated Rufus Paul Harris, CEO.
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.
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