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Re: None

Monday, 10/19/2015 10:17:10 AM

Monday, October 19, 2015 10:17:10 AM

Post# of 805
On Thursday, GeoMet filed a plan for dissolution.

The plan suggests that common shares would receive a portion of the funds available.

Dissolution Value given was $0.0175 per common share and $1.5368 per preferred share.

That final value assumed that an additional $0.01 per common share would be enough to cover expenses and claims.

So, it seems like $0.0175 may be coming to common shareholders. Could be less and could be a little more.

Just an explanation as to why the shares jumped today.

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