Conversion Solutions Holdings Corp. - A Scam? Message Board

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Strategies & Market Trends : Conversion Solutions Holdings Corp. - A Scam?

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From: anniebonny	10/6/2006 12:04:09 AM
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Comments? Originally Posted by ConCarne I'm pretty sure Rufus called this "Conversion Solution" because their main business model is "converting" illiquid assets (salvage rights, mineral rights, contracts, etc.) into liquid assets (cash). They are a "holding corp" for such structured agreements - Conversion Solutions Holding Corporation. As shareholders each structured "conversion" will have web-accessable financials with a realtime view. To login into the platform you must have your shares in your name (to establishe you as a bonifide participant in the pool of "conversions"). It's a holding corp so all shareholders have equal rights to each "conversion". Since the bond recently paid in September (what you see as $19m of income "recievables" on the audited financial because the bond pays annually) Conversion Solutions now has the powder available to start taking down deals. The detailed "conversion" inside each deal will vary deal to deal but the viable business all starts with the initial bond portfolio (seed capital), access to more capital (the bank pr), the web platform (real-time "conversion" reporting along with insistence to get shares in your name to establish a "login"), and now details of the actual "conversions" themselves. Reverse merge the seed capital into a public security that had been previously established via NOBO records to be 3:1 Naked Shorted to "amplify" the "IPO" when people figure it out. Slow play information so it looks a bit seedy to draw out all the crooks. Heck, get them to short more if you're good enough to get them to overlook your main game. This is nothing short of genius. Backing into the Naked Short shell is a better way to bring a holding corporation like this public because of this "amplification" it brings. If it doesn't immediately capitalize on the backs of the shorts (to double the seed put in) you simply buy out the shares with the seed itself. That's the insurance bet. It's so smart I wanted you to see it for what I think it is. I'm stunned by how smart this is. Hats off. Checkmate. Flip does a good summary but he's missed the forest. Rufus/Tut - I got that right, didn't I?

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