Replies to post #57156 on Conversion Solutions Holdings (fka CSHD)

[RonnieD]

ok Mike, true, my mistake. But here's something to think about:
In the August 18 bond PR, Rufus said, "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)."

Notice how such a statement is missing from the August 24 bond PR. There is no stated adjustment to "book value". Why ? was Rufus told not to make book value statements anymore ?

[shavashava]

He did say book value of $7.21 was the basis for initial reset price of $15 (two times). His Finnish bond did not increase reset from $25.63 to $54. May he implied it or overlooked. However, he did say $54 on this board yesterday. If what he posted on IHUB is not official, I hope proforma financials due by September 12 and 10K due by September 30, 2006 will clear up all the lingering questions, and put naysayers to rest.