Foamex International Inc (fka FMXLQ)

[BMiles]

I am no lawyer but according to the SEC filing dated 3/31/2009 it appears all assets are being purchased and in this purchase agreement they are asking that all securities owned by the selling party be turned over by the selling party to the purchasing party. I don’t know why they would make that request unless the shares were once again going to stay intact???

Read pages 29 – 31. http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000912908%2D09%2D000014%2Etxt&FilePath=%5C2009%5C03%5C31%5C&CoName=FOAMEX+INTERNATIONAL+INC%2E&FormType=8%2DK&RcvdDate=3%2F31%2F2009&pdf=

This would explain why this stock has secretly with no PR, taken off since this filing while no shares have been coming back out into the market as the stock climbs. There has even been a huge DIP loan issued but we didn’t see a PR on that either. If this is the case, FMXLQ may see $5 - $7 again once it comes out of BK just as it did last time. A lot of money to be made by the people in the know as they drive the share price down with a BK filing and buy up all the cheap shares and when the company comes out of BK with all shares still intact just like last time then the share price soars to the $5 - $7 range again like last time.

Like I said, I am no lawyer but this filing coincides with the share price movement up. Note this filing created the upward buying pressure / breakout of the FMXLQ shares, not selling. Something positive for the shareholders must be written in all this lawyer language???

Brad