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Strategies & Market Trends : Conversion Solutions Holdings Corp. - A Scam? -- Ignore unavailable to you. Want to Upgrade?


To: Purl Gurl who wrote (3043)11/16/2006 7:28:10 AM
From: 66inxs  Respond to of 4624
 
on a grey sheet stock there were over 2 million shares traded yesterday. where did they come from? the daytraders and flippers are mostly out, leaving the longs (cult) and the officers with millions of shares to unload. since the sells have to be matched with a corresponding buy, some peeps had to be selling into the news that rufus was back. the cult started buying again creating new money and buying out the officers shares held under sham companies on the NOBO list. remember most of these penny companies are in the actual business of selling stock and not producing revenue like a normal company. all that activity and closing unchanged tells a definite story.



To: Purl Gurl who wrote (3043)11/16/2006 11:52:08 AM
From: anniebonny  Read Replies (1) | Respond to of 4624
 
Not to be critical of your most interesting sequence of events - but I have a few tidbits to add to the scenario. You still want to give Sabra a free pass! According to the interview on Subpenny, she said she put Mika and Rufus together. I believe she was the financing person. as Mike said on that interview - "Sabra knows how to find the money, real money, not fake money, not bullshit money..."
Here is a Bodi/Mike post that discusses how FHAL was the one looking for financing for their original "LOG" deal..

From HSM archive:
Mus
Jul 16th, 2006, 11:11 AM
BODI's other post
Hi,
Here is my understanding of the recent events at Fronthaul(FHAL). After the big announcement of the Amazon contract, a company (Conversion Solutions) contacted FHAL to fund the logging project...which they are still going do btw...as the CEO of FHAL progressed in negotiations...CS commented on the possibility of buying FHAL so they could post those assests for themselves...which they will use to generate loans from, because they are a bank. FHAL was a good choice because they fit the requirements to go to NASDAQ, cept for the CASH$$ which CS has in the bank. CS intends to change the name of the company, and get a new ticker symbol(cusip) and request to be moved to the NASDAQ. This is usually about a 30 day process...BTW the State of Delaware has already gotten and approved the merger of these two companies...This is a done deal.
I'm gonna bet a company with $803,149,146 isnt gonna settle for a penny stock. The sqeeze trigger was made effective today and it appears there may be several million shares short on this stock. Their PR even says the book value should be $7.21
A note...the current CVSU.OB shell will be orphned and not used in the future for company purposes...thats about all I could get...
BODIZIFA-

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