November 30, 2006 - 10:54 PM EST
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CSHD 0.30 0.09
Today 5d 1m 3m 1y 5y 10y
Conversion Solutions Holdings Corp. Updates Shareholders
Conversion Solutions Holdings Corp. (OTCBB: CSHD), a Delaware Corporation, announces the following current events have taken place:
On November 30, 2006 Conversion Solutions entered into an agreement with the law firm of Fields, Howell, Athans, & McLaughlin "FHAM" with Mr. Terry R Howell as the company's corporate and litigation attorney.
We have retained the services of MPR Source, Inc. as the company's public relations firm.
James Gee has resigned as the Chairman of the Shareholders Committee. "I regretfully must step down as the former CEO appointed Chairman of the Shareholders Committee. My tireless efforts in supporting the committee have been my pleasure but due to personal time restraints, I cannot devote the required time to the shareholders," stated former Chairman of the Shareholder Committee James Gee.
Mark Porterfield has been appointed by CEO John L. Arlitt as Chairman of the Shareholders Committee. "I would like to thank James for all his effort to get the ball rolling with the committee. He can never be thanked enough for the effort he put forth on this project. Moving forward, the Committee will have the singular focus to develop the basic infrastructure that will guide the future of the Shareholder Committee. This will include developing the basic governance structure, website, communication, audit procedures. By developing the basic infrastructure of the committee we will be able to move from an appointed committee to one elected from the shareholder base.
"Over the next few days and weeks the website (
www.cshdshareholdercommittee.com) will be updated with several announcements. Please check here often for updates and information," stated Mark Porterfield, Chairman of the Shareholders Committee.
Dated: November 30, 2006.
About Conversion Solutions Holdings Corp.
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. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CSHD is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at
http://www.cvsu.us/.
Conversion Solutions Holdings Corp. Safe Harbor Statement
Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to the company's plans, objectives and expectations for future operations and are based upon management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Market Wire (November 30, 2006 - 10:54 PM EST)
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