Apex Silver Mines (fka APXSQ)

[CNOEVL]

Its me. At least I received a prompt reply. Here is what he wrote.

Mr. Cino:

On January 12, Apex Silver Mines Limited, and its wholly-owned subsidiary, Apex Silver Mines Corporation, filed voluntary petitions for reorganization under Chapter 11.

Our common stock was delisted from NYSE/Amex due to chapter 11 filing and not compliance with listing standards. Stock is currently trading on the pink sheets (www.pinksheets.com) under the symbol APXSQ. We cannot anticipate the level of liquidity or stock price.

Current Apex shareholders would have a zero percent (0%) recovery in a liquidation. Such Holders would also receive nothing under the Plan of Reorganization.



If you have additional questions you can access our website (www.apexsilver.com) where information about the Chapter 11 filing is updated permanently. On our home page, under “Chapter 11 Information Updates” you will find a link to the Claims Agent and to Court documents, as well as a link to Investor frequent asked questions.



Regards,

Pablo Castanos


Ive looked but cant find anything that can substanciate or give me any resolution.
Basicly we aren't "in" the plans for reorganization

WTF