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Re: StubbornSOB post# 3719

Tuesday, 11/04/2014 2:13:38 PM

Tuesday, November 04, 2014 2:13:38 PM

Post# of 3734
Glad to see someone here sees and understands this talking out of both sides of the mouth. A cusip would imply "a stake" in a company that still exists. That still has to be rectified eventually with either a dissolution, BK, or M and A. No way around it as far as the rights that the holdings imply.

Also, for someone who supposidely is the guru on revocations it seems shocking to me they know so little about what a cusip means in a persons account. Most investors who have been through a standard reverse merger or other types of M and A or even a BK with equity still left over after all payments are made understand that often these cusips end up being converted to new shares after M and A or a new ticker is assigned after a chapter 11 is completed or even dollars in the case of a chapter 7 although much less common. So again, to the guru of revocations, yes, cusip numbers for holdings can often turn into new stock ownership with a different ticker or dollars because as YOU stated, the SEC can not remove equity which is by all means a STAKE in the company! And yes, this happens every day without suing anyone! Also, this company could be Reverse Merged, for example into another company and those cusip numbers(equity) would be converted to NEW PUBLIC SHARES for example! And, unless the company, as I have said a MILLION times over and over here, does 1. dissolution 2.BK then those cusip shares do in fact still have some sort of value and claim to whatever lies in that company that was revoked. So ultimately in the end, the question is who is really contradicting themselves here and confused?

I think everyone here would agree that I have been saying the same thing like a broken record over and over agian in response to every time it is stated that "you have no stake" which then changed to "the SEC does not remove equity" then back again now in the last post to "you have no stake". Really the question is if the immage of a wall in the last post is actually a freudian slip of some sort. What do the ACTUAL HOLDERS OF STOCK here think?

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