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Re: only money post# 966

Wednesday, 12/07/2011 9:36:42 AM

Wednesday, December 07, 2011 9:36:42 AM

Post# of 999
Read this post.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65912051

"- ADPC was NEVER a shell for sale, ADPC was de-incorporated so nobody bought or acquired it, basically it just ceased to exist. Yes, someone could have bought up all the shares but without an incorporated company the tax loss carry forwards, which are the only asset, would be not recognized by the US government.

- No one ever talked to Jack Hinnendael about the company share structure, in fact no one had spoken to him about Allied in years before I did. Jack did the final tax return for the company and was certain that it was managements decision to de-incorporate, they attempted to do an RM at the last minute but it fell through. He also said he was "fascinated" the stock still trade on the pink sheets."

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