4Cable TV International Inc (CATV)

[stockdarockk]

Its going to be a split. They would have to get it back under control and not be the bloated mess CATVs CEO did to it. Not all of the previous debts were covered because it went to no bid so fast. There is lawsuits pending, and they can try to clean it up with a split. It cant just be a reduction with outstanding looming debts. Debtors will still get a whack at it post split. But interesting to see what this all shakes up to, once its a new name, product and structure. And it will hold a new "shell" status for a minimum of a year, and will need to meet the required time and certain amount of filings for that status to be removed.

Id watch but I wouldnt pull a trigger on taking someones 1s, only for them to finally get out, and you live through the restructure. Best to wait till there is something more concrete. Remember a lot hold these shares because liquidity dried up. Some will love to still get out here.

Their July filing was for termination of old business registration, so someone is taking this as a shell company to start with.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11495312