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Alias Born 06/16/2009

Re: None

Tuesday, 08/11/2009 2:37:34 PM

Tuesday, August 11, 2009 2:37:34 PM

Post# of 67237
Yes, this is another share cancellation comment, however I do not wish to post my sentiment on the subject, rather I would prefer someone educate me on the subject of relisting as it pertains to share cancellation. If a stock has been delisted and trades on the OTC or pink sheets boards how can it get relisted without the issue of "new shares"? As I understand it a company will have to issue new shares of stock in order to get relisted, thus making the old shares worthless. If Chemtura intends to get relisted at some point, won't the present shares that are currently trading become worthless at some point. What affect does relisting have on the current issue of stock? How will Chemtura get relisted without cancelling the current shares? I'm just looking for answers from someone who knows more about this subject than I. I hope none of you think I'm trying to suggest anything here, I'm just trying to learn.
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