That FHAL 1.22 looks like a big scam to me.Imo.SEC could halt
It any day Imo.15$ per share PR below???LOL.
Be very careful shareholders.SEC should be aware of it now
and should question the PR below IMO.
(COMTEX) B: Conversion Solutions, Inc. Addresses The Shareholders ( PR New
B: Conversion Solutions, Inc. Addresses The Shareholders ( PR Newswire )
KENNESAW, Ga., July 19, 2006 /PRNewswire-FirstCall via COMTEX/ --
Conversion Solutions,
Inc. (OTC Pink Sheets: CVSU.PK), (OTC Bulletin Board: FHAL), a Delaware
Corporation.
First of all we would like to welcome the FHAL shareholder base (new and
old) to the CVSU family of corporations. As we proceed forward and as contact
numbers are released to the public of CVSU department heads, please feel free
to contact our officers with any questions that you may have; to include
employment opportunities. This is a very exciting venture and the best place
to be in any successful situation is always the on-set.
We would also like to thank the CVSU shareholder base; our success is
because of every single one of you. We have received a lot of calls concerning
the merger details filed in the 8-k with the SEC. The main question is always
concerning Section 2.6, AVERAGE CLOSING PRICE ADJUSTMENT. Hopefully the
following breakdown will suffice;
The FrontHall Group, Inc. (OTC Bulletin Board: FHAL) acquired Conversion
Solutions, Inc. (OTC Pink Sheets: CVSU.PK) through a merger agreement
(reorganization).
The merger agreement filed in the form of an 8-K with the Security
Exchange Commission (SEC).
The share conversion upon the 10KSB filing (Audited Financial) will be a 1
for 1 ration. Each shareholder of CVSU will receive one share of FHAL.
Upon the S-4 registration of the CVSU shares received through the merger
agreement, the company will have 3 options at hand.
1.) If the Market Closing Price on the Completion date exceeds $15.00
(Fifteen) USD the Surviving Holdings Corporation (OTC Bulletin Board: CVSU)
may option to maintain that days Market Closing Price.
2.) To pay each shareholder that options out an amount in cash equal to
$15.00 minus the Actual Average Closing Price.
3.) Set the Average Closing Price at $15.00 and pays no additional
consideration to any shareholders.
About Conversion Solutions, Inc
CVSU is a diversified holdings corporation, which was formed to originate,
fund and source funding for asset-based transactions in the private market.
CVSU'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. CVSU is headquartered in
Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us
at www.cvsu.us.
Current Joint Venture Corporations
American International Smart Structure
Brittenum Brothers Entertainment, Inc.
Rocky Road Records, Inc.
Seko Management Inc.
Consolidated Mastering, Inc.
Current wholly owned CVSU Subsidiaries
Tserof Holdings Inc
CVSU Coffee Shop
Equine Solutions, Inc
Stargate Productions, Inc.
Current Waatle Merger Subsidiaries
Live Mortgage Free
Federal Chamber of Commerce
Center State Beverage
LotteryFever
InfinityOne, Inc
Amruss Group, LLC
LoanShoppers.com
SOURCE Conversion Solutions, Inc.
Rufus Paul Harris, CEO, +1-678-255-7650, Harris@cvsu.us, or Ben F. Stanley,
COO,
+1-317-213-7700, BenStanley@aol.com, both of Conversion Solutions, Inc.
prnewswire.com
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