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DewDiligence

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DewDiligence

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Re: oldberkeley post# 68838

Tuesday, 12/02/2008 8:06:42 AM

Tuesday, December 02, 2008 8:06:42 AM

Post# of 257253
ARTE files for Chapter-7 bankruptcy:

http://sec.gov/Archives/edgar/data/1351197/000093639208000753/a50693e8vk.htm

>>
“Based on its current information, the Company believes that its assets will be insufficient to satisfy the claims of all creditors and it is unlikely that the Company’s stockholders will be eligible to participate in any distributions of the Company’s assets.”
<<

No kidding.

So ends the life of a company that never should have been.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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