Acceptance Insurance Companies Inc (fka AICPQ)

[56Chevy]

Holders of Acceptance Insurance Company Inc. Capital Trust Preferred 9% shares now hold shares in a private company. The CT's nor the common stock (AICIQ) no longer publically trade. You will not see quotes associated with these stocks. No bids..no asks.

However your ownership still stands..the company remains to be in Ch 7 bankruptcy and there could still be some level of recovery for holders. No promises it's just my hope and opinion.

I believe shares (certificates) can still be bought & sold if you find interested parties ....contact your broker on how to handle a negotiated transaction.

For some reading on selling shares in a private company Google Investopedia and see what guidance they provide on how it's done. I would provide a link but am using my Android phone to post this and my abilities are limited.

That's all I know guys...this is new territory for me..if someone can clerify or provide more info please do.

Best of luck!

56Chevy