Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[TenKay]

It was a bankruptcy...specifically a Section 363 Asset sale. The cancellation of the stock should not be a surprised to anyone. THATS WHAT HAPPENS...as has been discussed over and over. The events leading up to it and the process involved has been explained MANY MANY times here. The company’s 8K on Dec 16 said the stock was going to be cancelled, the Court filings disclosed that all securities would be cancelled many times. Even the AHEC finally acknowledged what was going to happen.

People had plenty of opportunity to get out...it’s one of the oddities of OTC bankruptcy tickers they will trade right up to the point the stock is cancelled. That also was explained many many times.

Unfortunately it is now too late.

When people are told repeatedly that if they held they would lose their remaining capital in its entirety when the stock was cancelled...nobody was joking.