Conversion Solutions Holdings Group (CSHD.OB)
Play Type: Speculation
Term: Long Term Investment
Market Price: $0.88
CSHD is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CSHD'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.
The symbol FHAL.OB changed to CSHD per companies PR on Aug 8, 2006. There was a "reverse" merger or as some call it "shell" merger between CVSU and FHAL, and the newly formed company Conversion Solutions Holdings Group trades under the symbol CSHD.OB.
Currently, CSHD is expected to file the 10K and release the financials. The company's CEO Mr Paul Rufus Harris has been interviewed on MN1.com. The interview was very positive for share holders and Mr Harris explained his long-term and short-term vision for the stock.
If you have done your DD, you know that the PPS of CSHD will be reset to $25.63 per the PR released on Aug 18, 2006, which will be a multiple of 2. According to the PR, the book value of the stock will be $12.81 with additional assets announced in that PR.
However, the PR about the 8-K filed had an additional bond, which may further increase the book value, depending on the terms of the agreement.
The tools needed to do DD on this stock:
* Read news articles for CSHD, FHAL and CVSU from the past
* Understand the businesses that make up this holdings company on www.cvsu.us
* Read posts on InvestorsHub.com for stock symbol CSHD
* Listen to Mr Harris's interview recordings on MN1.com
We are bullish on this stock right now. Note that this is a high-risk investment, but the higher the risk, the higher the reward - thats my belief.
As always, please do your own DD and do not use the content listed on this website to make your decisions about trading stocks. If you have any valuable input, please feel free to comment. Good luck!
Position: Long
The writer was a Long CSHD investor at the time of publication.