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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (94827)	8/3/2006 10:06:33 AM
From: StockDung	Read Replies (1) \| Respond to of 122087

Stocklemon Updates Fronthaul Group/Conversion Solutions (OTCBB:FHAL) stocklemon.com ========================================== August 2, 2006 Stocklemon Updates Fronthaul Group/Conversion Solutions (OTCBB:FHAL) Fronthaul Group/Conversion Solutions (OTCBB:FHAL) CEO Rufus Harris is a liar and has been lying to shareholders. This is FRAUD FRAUD FRAUD. **This story is an update to an earlier story As the days go on, FHAL CEO Rufus Harris lies become progressively more grandiose and more bold. Unfortunately for Rufus, the lies of today will become the evidence of tomorrow. On July 27, Rufus gave another impromptu conference call (a sweeping Reg FD violation, by the way) to his chosen minions. A recording of the call can be heard on : traders-corner.com There were so many lies in one conference call that we could not even count them, so let us narrow it down to 3. 1. “The company has converted the bond to cash and now has $500 million cash in the bank.” OK, here we go big boy. On April 28, 2006, Rufus announces the acquisition of the $500 million Venezuelan Bond. americanventuremagazine.com Notice they disclose the CUSIP number of 922646AT1 The bond issue (exactly $500 million in entirety) IS NOT WHOLLY OWNED (OR EVEN CLOSE TO WHOLLY OWNED) BY RUFUS OR CONVERSION SOLUTIONS. THERE IS NO $500 MILLION EQUITY IN THIS COMPANY. The bonds are owned by numerous well known Wall Street institutions and trade sparsely. The have not been converted to cash by anyone Click to view PDF Rufus goes on in telling the shareholders: 2. “NASDAQ told him that he could be approved for trading immediately if his stock price was $1.75”. Again, that is untrue. Rufus, you have not even filed a quarterly or annual statement. NASDAQ never told you that. And now for the big number 3: 3. “62 Million shares outstanding, more or less. If the transfer agent says 10 million more, we’ll run that down..” How about the true fully diluted share count of Fronthaul Group. We won’t quibble about 10 million shares more or less. We want to know about the preferred stock and convertible debt that appear in FHAL’s SEC FILINGS to add 95 million shares to the outstanding share base. As if the lies weren’t bad enough, Rufus goes on to give out investment advice – to buy the stock in his own company! “My advice is to buy, I would have as much of this as I can” Rufus, Stocklemon challenges you to prove unequivocally to your shareholders that CVSU has $500 million equity in cash. You will need to identify your alleged “auditors” in your 10 K anyway, so there is every reason in the world to do so now. If Rufus can prove that his pink sheet company Conversion Solutions has $500 million in cash and equity, than we will remove all comments about FHAL from the Stocklemon website immediately. As a bonus, Stocklemon will make this extraordinary personal pledge: Stocklemon will purchase a Run By Love CD and listen to the whole thing (see earlier story). If not, then Rufus should march right into the US Marshall’s office and smile pretty for the camera. It appears that Rufus is not operating in the realm of reality. We cannot explain his behavior. Stocklemon has never seen such reckless disregard and utter contempt for the most basic securities laws by a CEO. Rufus, just one more thing. Please let us introduce you to a remarkable part of our legal system called the First Amendment. Opinions and verifiable statements of fact are specifically afforded broad protection by our United States Constitution as Free Speech. Before you recruit a bunch of your shareholders to file a SLAPP suit, consider that you are exposing the plaintiffs in such a frivolous action to the obligation to pay Stocklemon’s legal fees, as has been awarded in favor of Stocklemon by the courts in other recent similar actions. Cautious investing to all. And cautious lawsuits to all. Disclaimer: Stocklemon.com does not guarantee in any way that it is providing all of the information that may be available. We recommend that you do your own due diligence before buying or selling any security. At any times the principals of Stocklemon.com might hold a position in any of the securities profiled on the site. Stocklemon.com will not report when a position is initiated or covered. Each investor must make that decision based on his/her judgment of the market.