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Re: Major_Bankz post# 23

Wednesday, 04/04/2007 8:11:39 PM

Wednesday, April 04, 2007 8:11:39 PM

Post# of 53
Just look at the old SEC filings and you can see this is not a subsidiary of TXU. I wish we had stumbled onto a subsidiary of TXU trading on the PINKS!!!!

Feb 26, 2007 (M2 PRESSWIRE via COMTEX) -- Morning Alert for TXU Corp (NYSE:TXU)
TXU's core curriculum is electricity. The company is the largest nonregulated retail electric provider in Texas, with more than 2.3 million customers, and it has a generating capacity of more than 18,300 MW from its interests in nuclear and fossil-fueled power plants in the state. TXU also has regulated power transmission and distribution operations through TXU Electric Delivery (formerly Oncor Electric Delivery). Other operations include wholesale energy marketing and coal mining. TXU is divesting noncore assets, including its international energy businesses; it has sold its natural gas utility, TXU Gas, which served 1.4 million customers in Texas.

TXU Electric Delivery
As the name suggests, Oncor, a TXU company, is repeating the performance of our predecessor company, TXU Electric & Gas. We provide the same seamless and dependable energy delivery service that energy consumers have come to expect for more than a century. Even though our new name signals an exciting phase for our new business, some things -- some very important things -- never change. Namely, we are the same dependable and knowledgeable experts who inevitably find flexible solutions for our customers. Oncor will continue to deliver both electricity and natural gas, and our past performance has played to rave reviews. But over the years, we've built up a huge base of knowledge on how best to manage and operate an energy delivery organization. Now, we're out to share that knowledge through a new competitive business -- Oncor Utility Solutions. By drawing from a vast store of experience, Utility Solutions will partner with all types of utilities and change the way they work.
12/15/2004 Link URL
Job Opportunities
Current Positions at TXU, Oncore's parent company


FROM OLD SEC FILING:
ONCOR, INC.
(Debtor-In-Possession)
Notes to Consolidated Financial Statements
(Unaudited)

1. BANKRUPTCY AND BUSINESS CHANGES

Chapter 11 Filing

On February 26, 1999 (the "Petition Date"), Oncor, Inc. and its
wholly-owned subsidiary, Codon Pharmaceuticals, Inc. (collectively, the
"Debtors"), filed voluntary petitions for relief under Chapter 11 of the United
States Code (the "Bankruptcy Code") with the United States Bankruptcy Court for
the District of Delaware, Wilmington, Delaware. Under Chapter 11, certain claims
against the Debtors in existence prior to the filing of the petitions for relief
under the Bankruptcy Code are stayed while the Debtors continues as
Debtors-in-Possession.




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