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Friday, November 18, 2016 1:39:12 PM
Again...
I'm not an expert, I'm an investor and in my admittedly limited experience and knowledge about both law and stocks, according to the current docket proceedings, right now and for For the remainder of the Chapter 11 proceedings, you own shares valued at 6 cents but after the Chapter 11 closes Key will issue new shares at a new price and the companies stock listed as KEGXC will be dissolved by the SEC and your stock will just disappear.
If you hold the actual certificates, they will be worthless except as memorabilia.
If you want to know if you have that special consideration stock your best bet is to contact the firm that you bought the stock through and ask.
I'm sorry for those of you who bought at greater pricing but again, unless you got that election form selling while you have something is always better than not selling and winding up with nothing.
Key is no longer a buy.
I'm always interested in controvert opinions or new information.
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