Replies to post #53776 on Conversion Solutions Holdings (fka CSHD)

[Reddog65]

prove it

[HititUP]

because of a NOTE its a red flag!?!?

what in gods name are you smoking.

stop making crap up with attournies and wall street people your now pretending to know.

All the 8k says is the possesion CSHD will have of the bonds on there balnce sheet.

And the fact that one bond will be split 50/50 with Humanitarian& Scientific Foundation

CSHD has to report every 2 weeks with a profit statement and that profit is split 50/50

YOU havn't the slightest clue what your even making up.

[captain_ameritrade]

thehavenots

"went to a very experienced NY Banker"
Thats very convient for who ever has access to get information so soon after 8K, we all should be fortunite enough, but aren't you also the one who PM me on the 21st. with the story of SEC investigation? HMMMM!(thats a angry HMMMM),o.k. whatever.

[Chas56789]

thehavenots You said you sold the other day. Did you buy back into CSHD ?

TIA
Chas5678

[TallRob0]

Boy, now the better Self Anointed GURU bashers are showing up on other boards and being copied here........lol.,.Boy this stock IS really going to EXPLODE!
What he really said was that. I im goingto sell high,,,and then buy back again if it dips big....

[Deano361]

Remember there are good attorneys and bad ones. This guy may be full of BS or right. Time will tell. I have a hunch he is wrong and a short posting. Too many big names in this one. By the way if they have military contracts. $2Billion is the tip of the iceberg.

[CBGB]

Rufus, what's up with this guy??? See below
Posted by: thehavenots
In reply to: lancenuff who wrote msg# 53659 Date:8/23/2006 9:15:11 PM
Post #of 53776

These are not my words, they are from an attorney on another board:

"OK everyone ... I'm not much of a trader but I am an attorney. That doesn't really mean anything ... especially since I don't practice securities law. However, After reading as much of the 8K and attachments as I could in between court hearings, I have very little confidence in this play. Unfortunately, I still have holdings in two different accounts. I am hoping for a run tomorrow during which I intend to sell out.

"You might remember that when this first came out, I had some hesitation based on the sloppy drafting of the merger agreement between CVSU and FHAL. These Global Funding Agreements are no different.

"The biggest and most easily identifiable red flag is in Paragraph 2 of the Global Funding Agreement. You will note that the two middle paragraphs are bracketed with the word "NOTE" at the beginning of the paragraph. This is a FORM document that is supposed to use one or the other paragraph, not leave both in (with the brackets no less). They are alternate paragraphs depending on whether the Notes are discount or non-discount notes. Other "NOTE" paragraphs exist throughout the document but none are as blatantly bad drafting as these two bracketed paragraphs.

"Another red flag is that the agreement only becomes effective upon the receipt by Conversion Solutions of the bonds. Therefore, this may or may not ever happen. Thus, I suspect, RPH can avoid jail because the agreements are conditional, not set in stone.

"There are other flags raised (like how they can add the second bond to the same global funding agreement when there is no provision for added funds) but I don't think I am going to look any further. Remember this is a company allegedly controlling 2.6 BILLION in assets. I would think they would have an attorney that would at least look at the forms before letting them go to the SEC.

"Good luck to all of you holding CSHD ... I plan to be completely out tomorrow if a good run develops.

"This is not a recommendation to buy or sell stock SO DON'T RELY ON MY OPINION OF THE AGREEMENTS."