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Re: businessclub2050 post# 21077

Friday, 04/24/2009 11:20:23 AM

Friday, April 24, 2009 11:20:23 AM

Post# of 34412
Wrong. According to the IRS, there are specific requirements for filing and payment. Completely contrary to what you've stated here. Even if its sold at a loss....it still has to be filed for credit.

The filing is the issue at hand. We (as the shareholders and supposed to be the recipients of the Divs from the sale) have a right to know all information pertaining to the sale. At the moment, all we know is its sold for $65 M.

If the Divs would have been paid and the stock buy-back happened as stated (and the stocks cancelled) then this would not have been an issue, the SH's would have been paid. But since NONE of this has happened AND the company has NOT responded to SH's concerns publically OR made any valid efforts to resolve the matters, what are we to assume?

From a business perspective, what do you expect on your investment? PERFROMANCE? I do! Cheers, GLTY