SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Patchie who wrote (98780)3/25/2007 4:51:18 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
Fronthaul Group, Inc. (FHAL) SqueezeTrigger Price is $0.15. Approximately 4.8 Million Shares Shorted Since January 2005 According to Buyins.net Research Report
Market Wire, June, 2006 www.buyins.net is initiating coverage of Fronthaul Group, Inc. (OTCBB: FHAL) after releasing the latest short sale data to June 2006. From January 2005 to June 2006 approximately 62.1 million total aggregate shares of FHAL have traded for a total dollar value of nearly $9.1 million. The total aggregate number of shares shorted in this time period is approximately 4.8 million shares. The FHAL SqueezeTrigger price of $0.15 is the volume weighted average short price of all short selling in FHAL. A short squeeze is expected to begin when shares of FHAL close above $0.15. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit buyins.net .

Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
April '05 100 8 $0.00 $ 0
May 768,304 59,159 $0.58 $ 34,165
June 766,405 59,013 $0.60 $ 35,408
July 438,273 33,747 $0.24 $ 8,099
August 990,150 76,242 $0.21 $ 15,721
September 1,512,053 116,428 $0.25 $ 28,525
October 3,041,676 234,209 $0.16 $ 37,473
November 922,913 71,064 $0.08 $ 5,600
December 4,685,843 360,810 $0.17 $ 61,338
January '06 2,075,938 159,847 $0.26 $ 41,752
February 958,922 73,837 $0.21 $ 15,506
March 7,416,998 571,109 $0.16 $ 88,522
April 11,770,990 906,366 $0.14 $126,891
May 8,350,176 642,964 $0.11 $ 72,012
June 18,371,568 1,414,611 $0.09 $132,266

Total: 62,070,309 4,779,414 $0.15 $703,278

*short volume is approximated using a proprietary algorithm.
**average short price is calculated using a volume weighted average short
price.
***short volume is the total short trade volume and does not account for
covers.
About Fronthaul Group, Inc.

Fronthaul Group, Inc. through its subsidiaries, provides truck brokerage, logistics, and intermodal transportation services in the United States. It operates an Internet-based business-to-business information exchange, which provides a centralized database of freight load information accessible by wireless device or through the Internet. The company also operates as a motor carrier that moves its contracted shipper's loads with leased trucks and trailers. The Fronthaul Group was incorporated in June 2004. It was formerly known as The Furia Organization, Inc. and changed its name to Fronthaul Group, Inc. in April 2006. The company is based in Rockwall, Texas.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 800,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Fronthaul Group, Inc. has paid $995.00 to purchase data for information provided in this report. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.



To: Patchie who wrote (98780)3/25/2007 5:09:09 PM
From: StockDung  Read Replies (1) | Respond to of 122087
 
Fronthaul Group, Inc. (FHAL) SqueezeTrigger Price is $0.15. Approximately 4.8 Million Shares Shorted Since January 2005 According to Buyins.net Research Report
Market Wire, June, 2006 www.buyins.net is initiating coverage of Fronthaul Group, Inc. (OTCBB: FHAL) after releasing the latest short sale data to June 2006. From January 2005 to June 2006 approximately 62.1 million total aggregate shares of FHAL have traded for a total dollar value of nearly $9.1 million. The total aggregate number of shares shorted in this time period is approximately 4.8 million shares. The FHAL SqueezeTrigger price of $0.15 is the volume weighted average short price of all short selling in FHAL. A short squeeze is expected to begin when shares of FHAL close above $0.15. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit buyins.net .
=========================================================

Conversion Solutions temporarily suspended by the SEC

2006-10-24 19:23 ET - Street Wire

by Lee M. Webb

Conversion Solutions Holdings Corp., a penniless OTC Bulletin Board promotion headed by semi-literate chief executive officer Rufus Paul Harris, has drawn a 10-day trading suspension from the U.S. Securities and Exchange Commission (SEC).

Among other things, the U.S. regulator has questions about the company's purported ownership of approximately $6.78-billion worth of bonds issued by the Republic of Venezuela. (All amounts are in U.S. dollars.)

According to the SEC, questions have also arisen about Conversion's purported contractual relationship with Deutsche Bank, which was announced in a Sept. 27 news release.

"The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company," the SEC notes in its Oct. 24 order.

While Canadian regulators can suspend trading in a security indefinitely, SEC trading suspensions automatically expire after 10 days. The SEC's Oct. 24 order of trading suspension against Conversion will expire at midnight on Nov. 6.

The bonds

As previously reported by Stockwatch, Conversion is the recent offspring of a union between a virtually penniless grey sheet outfit with a similar name, Conversion Solutions Inc. (CVSU), and The FRONTHAUL GROUP Inc., a cash-strapped OTC-BB company.

The merger, announced in July, was reportedly consummated on Sept. 13.

Notwithstanding its pauperish roots and virtually cashless condition, Conversion claimed to have an asset portfolio of approximately $7.3-billion and an estimated book value of $70.71 per share as of Oct. 16.

The bulk of Conversion's purported $7.3-billion asset portfolio reportedly consists of bonds.

Indeed, even before the merger with financially challenged FRONTHAUL, Georgia-headquartered Conversion's grey sheet precursor, CVSU, was touting its rather surprising bond assets.

In an April 27 news release, CVSU reported that as a result of "a Global Funding agreement with Ismet Paez of The Caracas GROUP," it had added a $500-million Republic of Venezuela bond to its portfolio.

Neither Ismet Paez nor The Caracas GROUP are household names, even among seasoned investors. Indeed, they are remarkably obscure.

The promotion ramped up after the announcement of the proposed merger with FRONTHAUL and penniless Conversion's ballyhooed bond portfolio purportedly grew by leaps and bounds.

On Aug. 18, Conversion announced that under another touted global funding agreement, this one with an outfit called the Humanitarian & Scientific World Foundation Ltd., it had acquired a euro-denominated Lehman Brothers Holdings PLC bond with a converted value of approximately $579-million.

"With the addition of this Asset to the corporation, we are now looking at a new justifiable reorganization release price of $25.63, up $10.63 from the original estimated $15.00 per share ($12.81 Book X 2)," Mr. Harris proclaimed in the Aug. 18 news release.

Investors, particularly members of Conversion's gullible cult-like Internet following, were still marvelling at that reported acquisition when the company added to its purported stash of bonds just five days later.

On Aug. 23, Conversion announced that, in another deal with the Humanitarian & Scientific World Foundation, it had acquired a euro-denominated bond on the Republic of Finland with a converted value of approximately $939-million.

It was more than a month before Conversion wowed investors with another purported bond acquisition, but what an acquisition it was.

On Sept. 27, Mr. Harris's cash-strapped OTC-BB promotion reported that it had acquired another Republic of Venezuela bond, this one purportedly a euro-denominated bond with a fantastic converted value of approximately $6.28-billion.

Oddly, when Conversion issued its fluffy Oct. 16 announcement touting $7.3-billlion in assets and a book value of $70.71 per share, the company made no mention of the purported euro-denominated Venezuelan bond. Instead, Conversion touted a $5-billion contract expansion with the obscure Caracas GROUP.

In any event, the SEC may well have a number of questions "regarding the accuracy and completeness of information contained in Conversion's press releases and public filings" beyond those relating to the two Venezuelan bonds specifically mentioned in the regulator's Oct. 24 trading suspension order.

The banking platform

In its Oct. 24 suspension order, the U.S. regulator also specifically mentioned Conversion's purported contractual relationship with Deutsche Bank, rendered as "Deutche Bank" in a company news release.

In a separate Sept. 27 news release following the same-day announcement of the purported acquisition of the $6.28-billion Venezuelan bond, Conversion claimed to have contracts with a number of banks relating to some vague "banking platform" for its "Global, Sovereign and Institutional Investors."

"The corporation has obtained contracts from the following banks Deutche (sic) Bank, ABN Amro Bank, Dresdner Bank and Kommerce Bank," the company sloppily reported. "The mentioned banks will be the foundation for our project funding platform."

It is far from clear just what Conversion means by a "banking platform" or, for that matter, a "project funding platform," but that seems to have been lost on the company's semi-literate leader.

"This announcement is the first of explanations on CSHD's operations, which will help most investors to understand our business model and activities," Mr. Harris declared in the Sept. 27 news release, which explained nothing at all.

In any case, perhaps the SEC will obtain an explanation about the vaunted "banking platform" or "project funding platform" during the course of asking Conversion to satisfy concerns about the company's purported relationship with Deutsche Bank.

The cult

The reaction to the SEC's 10-day suspension of Conversion has been somewhat mixed among the company's cult-like Internet following, including cheerleading members of the critically characterized "tree-house club" who congregate on a chat site called HotStockMarket.com.

While concern over the suspension has been expressed by some of the company's followers, other devoted fans suggest that nasty short sellers are responsible for Conversion's current woes.

Among other things, some claim that the suspension is the result of collusion between the SEC and short sellers.

In a different flight of fancy, some particularly gullible members of the company's cult-like following claim that the trading suspension is a masterful stroke of genius orchestrated by Mr. Harris as part of his plan to trap short sellers and propel Conversion's share price to astronomical levels.

Carrying the fantasy even further, some naive cheerleaders suggest that the SEC will give its stamp of approval to Conversion and, following the suspension, the company will open for trading on the Nasdaq Stock Market where it will rocket to $100 per share or more.

The reality, of course, will be quite different.

Indeed, if Conversion follows the normal course of suspended OTC-BB companies, it will be booted down to the pink sheets and change hands only in unsolicited trades. In other words, the company will be headed back to its grey market beginning.

The critics

While Conversion's cult-like followers fantasize, some of the company's critics wonder why it took the SEC so long to take any action.

Among other things, some Internet critics claim that they raised questions about the promotion and the company's ballyhooed bond acquisitions from the outset and forwarded their concerns to the SEC.

Critics also point to deficiencies in Mr. Harris's creative cut-and-paste annual report that was belatedly filed on Oct. 16, claiming that the SEC should have stepped in then, at the very latest.

Indeed, according to some critics, the laughable OTC-BB promotion should have been suspended long ago and the suspension followed up with an administrative proceeding against the company.

It remains to be seen whether the SEC does initiate an administrative proceeding against the company.

The Georgia documents

Meanwhile, some of Conversion's devoted followers continue to insist that the company does indeed have billions of dollars worth of bonds. The proof and answers to many concerns, they claim, can be found in court documents filed in Georgia.

In fact, Conversion has filed hundreds of pages of documents in a small Georgia state court in Cartersville in Bartow county, though it is far from clear that those documents will allay the SEC's concerns.

In any event, court staff in Cartersville are certainly familiar with the Conversion filings.

Among other things, court clerk Gary Bell apparently found it somewhat peculiar that Conversion insisted that the documents, which include lengthy merger and joint venture agreements as well as global funding agreements, be filed in the real estate index.

Mr. Bell also recalls that he had to chase the company to make good on the filing fee.

Stockwatch will review Conversion's Georgia court documents and provide some further background on the OTC-BB promotion's precursors in future articles.

Conversion last traded on Oct. 23 when approximately 674,000 shares changed hands and the stock closed at $1.99.

Stockwatch will continue to follow developments.

Comments regarding this article may be sent to lwebb@stockwatch.com.

(More information regarding Conversion Solutions Holdings Corp. is available in Stockwatch articles published on Oct. 13, 16, 18 and 20, 2006.)

--------------------------------------------------------------------------------

Reader Comments - Comments are open and unmoderated, although libelous remarks may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.

--------------------------------------------------------------------------------

look at that TERX.

Posted by white rock pump @ 2006-10-24 16:53

--------------------------------------------------------------------------------

Lee licks camel balls

Posted by THE TRUTH @ 2006-10-24 16:59

--------------------------------------------------------------------------------

Lee gives out BJ's for Busfair, then walks home.

Posted by Roheex @ 2006-10-24 17:06

--------------------------------------------------------------------------------

Add a new comment

Name (required)

Email (optional)

Homepage (optional)

Note: this information will be made public along with your comment

Comments: