Replies to post #136974 on Conversion Solutions Holdings (fka CSHD)

[kentuckybull01]

IT IS OLD NEW - NOTHING HAS CHANGED.

KB

[lesnshawn]

jdp2000: It's not a friggin' forward split! Geesh. I'm not gonna argue this. Think what you want. We'll see how this unfolds.

IF, this does "magically" open up at a price divided by six the very day we get our additional shares, then I'll admit I was wrong.

Until then, nowhere did it EVER say this was a forward split in the traditional sense.

It's a SHARE ISSUANCE...a dividend so to speak to shareholders on record as of 10/16/06.

Don't expect a response back...you can have the last word on this.

lns

[cindyyoohoo]

Guess you haven't heard the way the company spun that additional 6:1 shares. rufus said it was NOT the company that would be diluting, it would be the sharesholders that would be diluting - IF they sold their shares. it was also pointed out that Rufus had enough "ASSETS" to add to the pot so as to not lower the PPS. These shares are considered a gift. all this of course in the world according to Rufus.
They do need to increase the amount of authorized shares to make this gift come true - I believe Rufus said the plan was to increase the Authorized to 1 BILLION shares for it to happen.
Also please note, that this is the very issue that a number of shareholders were upset with Dogman/James Gee with - He has stated he did NOT want the share distribution because it would lead to selling and would result in lowering the share price - his shares to be exact - he is the proud owner of 500,000 shares. I do believe this announcement was done to calm the uprising against the probably illegal way that James Gee was "elected" to his post as chairman of the shareholders committee. wouldn't be surprised to hear his name come up in a PR naming him as a board memeber in another capacity.
Time will tell, Time will tell.