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Wow. Day of the lottos for me haha bring it!
$ASFZ
ASFZ on the move again.
ASFZ $$$ ON HUGE WATCH !!!!!
More buying in ASFZ on Wednesday. Something seems to be up. Last time it ran, it shot to over .02.
L2 is fun to watch right now lol
$ASFZ
ASFZ trading at .0023. Last time it made a move, it went to .02. Let's hope it does that again, as I am still holding a bunch of shares.
Yeah, got some alerts going off past couple days..curious to see if the volume continues here.
$ASFZ
ASFZ is starting to come back to life. Seeing some buying over the last few days.
Sure was and even just mid May to middle 002's
$$$ ASFZ ..TIME TO WAKE UP....SOMETHING COOKING,,,BIG LOADING 2 MONTHS BACK.
ASFZ 116% 0026 pretty thin L2.
ASFZ seems to be getting some new life at these levels, back up to .0026.
Interesting buying at the close on ASFZ today. Is this thing coming back to life?
it had its run... volume spikes about every year and a half.
Asfz looks to be ready for a bounce and run!!
Whoever that was using the fake emails committed securities fraud.
what happened to the posters with the fake emails they posted?
That's common after the market closes as most market makers take their orders off the books for the day. Often times you will see a very low bid and the ask spike way up. Means nothing til the next morning again when the mm's get their orders back up on L2.
Bid coming up. Nice 300% pop yesterday
ASFZ $$$ EXPLODING BACK..WILL GET TO MULTI-PENNIES FAST..SOMETHING BIG COULD BE FINALLY COMING..
Why is the bid .0001?
314%, that is how thin this thing is and few shares there are!
could load now and wait a year and a half for the next fake email.
ASFZ 001 unreal! This hit 02 1900% higher 12 trading days ago!
I guess I was right about that email being a fake. That's securities fraud.
not for a stock that goes years between heartbeats.
0012. Crazy cheap.
AGREE 100%, $$$ ASFZ SHOULD HEAT UP AGAIN, BIG NEWS MUST BE CLOSE, DID ANYONE CONTACT MANAGEMENT...WHATS THE CONTACT INFO..
It was that way for years! :(
I'd say. This is ridiculous here in the 001's
Anybody heard anything more....this cooled off
1.1 million bidding 0014 thru 0017.
Yelp. Bids keep upticking. Watch for volume surge soon here.
Nice bids 0016 and 0017 and above the current price.
ASFZ !!! SOMETHING BIG COOKING !!! $$$ GOING TO EXPLODE..
0015, 2 mm's bidding 0016 and 0017 with 500k+ shares.
Stick with it at this point. No reason why you won't at least break even at some point. Frustrating none the less.
ASFZ ON HUGE WATCH $$$ COULD SEE HUGE RECOVERY BOUNCE NEXT WEEK..SO THIN !!!...BIG NEWS WAY OVERDUE !!!
I appreciate your enthusiasm Halbroke, no where to go but up from here....
worst investment I ever made, Down 82%.
You really think this could go to dollar land?
I don't think it ever will, but no sense in selling now, I have lost almost everything I have into it, so whatever.
I do hope your right, but not betting my kids college on it
According to the "ghost email" that was stickered, I'd say new management announcement tomorrow and more contact information updated on their site?
What news are you expecting?
Held up today. No sellers into the bid. Hopefully those that wanted out are gone.
ASFZ $$$$ BIG NEWS COULD BE REAL CLOSE...I'M LOADING MORE ... WE ALL KNOW THIS COULD FLY TO $1.00+ WITH BIG NEWS!!!
Still no email addy or CEO name after 2 weeks!!! Not good.
time to take this sticky down from this mysterious poster.
25% 003. Light volume but we'll take it.
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Associates First Capital Corporation
Residual Value Obligations
(ASFZ.PK)
AFCC is a privately held entity of CITIGROUP -ASFZ.PK appears to be the vehicle that holds the RVO's from the ARCADIA - AFCC merger from 1999.
Associates First Capital Corporation, a financial services organization, provides finance, leasing, insurance, and related services to individual consumers and businesses in the United States and internationally. As of November 30, 2000, Associates First Capital Corporation is a subsidiary of Citigroup, Inc.
(1) From the 1999 Merger between ARCADIA and AFCC - Residual Value Obligations (RVO's) were created:
8- K : Agreement Planned Merger between Arcadia and Associates First Capital Corporation 1999
3.2 CAPITALIZATION. The authorized capital stock of Company consists of 55,000,000 shares of Company Common Stock, 90,000 shares of Class A Preferred Stock, par value $0.01 per share ("CLASS A PREFERRED STOCK"), and 44,010,000 undesignated shares, par value $0.01 per share ("UNDESIGNATED STOCK"). As of September 30, 1999, (i) 39,443,693 shares of Company Common Stock were issued and outstanding, (ii) no shares of Company Common Stock were held in treasury, (iii) no shares of Class A Preferred were issued or outstanding, (iv) 90,000 shares of Class A Preferred Stock were reserved for issuance upon the exercise of the Company Rights and (v) 2,052,000 shares of Company Common Stock were reserved for issuance upon the exercise of warrants to purchase 2,052,000 shares of Company Common Stock ("Company Warrants"). All of the issued and outstanding shares of Company Common Stock have been duly authorized and validly issued and are fully paid, non-assessable and free of preemptive rights, with no personal liability attaching to the ownership thereof.
Associates First Capital Corp · S-4 · On 2/29/00 **RVO PAYMENTS** DESCRIPTION OF RESIDUAL VALUE OBLIGATIONS Go to page 42-43 http://www.secinfo.com/dRqWm.58sr.htm#1stPage
RVO PAYMENTS
There are no minimum payments on the residual value obligations, and depending on the performance of the underlying receivables and other factors, there may be no payments on the residual value obligations. If ultimately there are payments on the residual value obligations, it is unlikely payments will commence prior to January 1, 2004.
Payments on the residual value obligations, if any, will:
-be paid on the Payment Dates occurring in January, April, July and October of each year; and
-be payable to the holders of record on the December 1, March 1, June 1 and September 1 immediately preceding the related Payment Dates.
On each Payment Date on which the Accrued RVO Payment Amount is greater than zero, Associates will be required to make a payment (an "RVO Payment") with respect to each residual value obligation in an amount equal to the quotient of:
- the then-effective Accrued RVO Payment Amount, DIVIDED BY
- total number of residual value obligations outstanding.
If the Accrued RVO Payment Amount on a Payment Date is zero, there will be no RVO Payment on that Payment Date.
Residual Value Obligations (RVO's):
The information below is being disclosed pursuant to the Residual Value Obligation Agreement dated as of April 3, 2000 between Associates First Capital Corporation and the Chase Manhattan Bank, as Trustee. Terms used and not otherwise defined herein have the meaning assigned to them in the Residual Value Agreement.
http://www.secinfo.com/d7P9.529.htm
(2) After the Arcadia / AFCC merger in 1999 - CITIGROUP Acquired AFCC in 2000
Citigroup Buys Texas Lending Company - Acquires Associates First Capital for $31.1B
Citigroup Inc. turned its voracious appetite on Associates First Capital Corp. yesterday, gobbling up the Texas-based lending company in a deal valued at $31.1 billion. Citigroup is already the largest credit card lender in the world, the largest bank holding company in the United States, and a leader in brokerage and insurance services. AFC is no slouch, either. With revenues of $7.1 billion in the first half of the year, it is the biggest publicly traded American company focused on loaning money to consumers. It is also the fifth- largest consumer-lending firm in Japan, and has 700,000 ... http://www.encyclopedia.com/doc/1P2-8612819.html
Citigroup Successfully Completes Acquisition of Associates First Capital Corporation.
Nov. 30, 2000 Citigroup Inc. (NYSE: C) and Associates First Capital Corporation ("Associates") today announced the completion of Citigroup's acquisition of Associates. The acquisition was consummated through a merger of Associates with a subsidiary of Citigroup pursuant to which each share of Associates common stock has become a right to receive .7334 of a share of common shares of Citigroup. The acquisition followed the approval by Associates' shareholders and the approval by certain domestic and foreign antitrust, banking and insurance regulators. http://findarticles.com/p/articles/mi_m0EIN/is_2000_Nov_30/ai_67465268/
Citigroup Investor Relations:
http://www.citigroup.com/citi/fin/
Pablo Suarez, Citigroup Finance Canada Inc., (416) 947-5467
Troy Underhill, Citigroup Inc., (905) 755-3399
http://ca.us.biz.yahoo.com/cnw/090430/citigroup_financing.html?.v=1
Transfer Agent:
Wells Fargo Shareholder Services (Minneapolis, MN)
A Division of Wells Fargo Bank
161 N. Concord Exchange
P.O. Box 738
South St. Paul, MN 55101
(800) 401-1957
https://www.wellsfargo.com/com/shareowner_services/index.jhtml
******All the Due Diligence here could be entirely incorrect and is posted as a tool for you to come to your own conclusions. As information is verified, the Ibox will be updated. ******
ASFZ is Active and last amended 05/27/2009
Treasurer-JEFF BARNES | |||
Address 1: | 7920 NW 110TH STREET | Address 2: | |
City: | KANSAS CITY | State: | MO |
Zip Code: | 64153 | Country: | |
Status: | Active |
President - THOMAS B BOLTON | |||
Address 1: | 14415 S 50TH STREET | Address 2: | |
City: | PHOENIX | State: | AZ |
Zip Code: | 85044 | Country: | |
Status: | Active |
Secretary - JOHN R COFFIN | |||
Address 1: | 750 WASHINGTON BLVD | Address 2: | |
City: | STAMFORD | State: | CT |
Zip Code: | 06901 | Country: | |
Status: | Active |
Director - GUSTAVO FRANK | |||
Address 1: | 1401 WEST COMMERCIAL BLVD. | Address 2: | |
City: | FORT LAUDERDALE | State: | FL |
Zip Code: | 33309 | Country: | |
Status: | Active |
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