Solutia Chemical Co fka SOLUQ

[pkripper]

I believe you may be buying the right to get in on the new offering (IPO) before the rest. If thats the case maybe some bigger buyers jumping in.
http://pinksheets.com/edgar/GetFilingHtml?FilingID=5582773


The Plan further provides that each holder of at least 24 shares of Old Common Stock will be entitled to receive its pro rata share of five-year warrants (the “Warrants”) to purchase up to 7.5% of the New Common Stock at an exercise price of $29.70 per share, pursuant to the terms of a warrant agreement.
In addition, the Plan provides that each holder of at least 107 shares of Old Common Stock will be entitled to purchase allowed general unsecured claims of less than $100,000 (subject to holders of such claims electing to sell their claims) for cash in an amount equal to 52.35% of the allowed amount of such claims, including the attendant right to participate in the rights offering available to holders of these claims.
Only stockholders holding the requisite number of shares of the Old Common Stock enumerated above will be entitled to receive any distributions under the Plan or to participate in the relevant offering. Solutia is not required to make distributions of fractional shares of New Common Stock, rights under the rights offerings or Warrants.

http://pinksheets.com/edgar/GetFilingHtml?FilingID=5582773