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lifegear

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lifegear

Re: johngoodboy post# 218

Monday, 06/08/2009 3:15:31 PM

Monday, June 08, 2009 3:15:31 PM

Post# of 249
it's official--shell only---response by former trustee...

"No. This case did not produce sufficient liquidation proceeds to pay creditors in full.
Stockholder interests were cancelled by the bankruptcy court. Consult you own tax professionals regarding the tax consequences of the liquidating plan. My work was concluded more than a year ago."

I sent another email asking if there's any stock custodian and why the unpaid claimants didn't make use of the NOLs.

Disclaimer: I'm not a paid promoter, broker nor an officer of a public company. My posts in certain stocks should not be construed as a recommendation to buy or sell such securities.

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