My challenge has been and continues to be finding out what foreign entities the ADR stocks, J's, C's, D's, F's, and G's represent. Just thru the nature of what type of securities these are, I have my own questions/theories. I have placed an inquiry with the SECOND, and if I have to I will file a FOIA request. If the companies who issued these thru Lehman via Mellon Bank or other underwriters are still trading in their home exchanges and are still viable companies, then my logic would think that these would have to have some value far greater than current trading prices. With JP Morgan just issuing dividends and reporting sizeable profits on their series J Depositary Receipts, and with European markets resurging and economies turning around, what is the likelihood that the companies related to our tickers are still chugging right along and recovering. It is my mission to find out more about these securities. I understand the pecking order of possible payouts thru the BK, but is it possible that these securities assets were frozen or simply caught up in the whole BK? That's why I am ontrigued by the European arm and the payout scheme proposed by PWC that I believe is set to meet Oct 26. Any thoughts or ideas? Or if I am off base or wrong in my assumptions, please let me know. There are far more knowledgeable peeps on this board than me, so anything would be appreciated. I just cannot fathom why I cannot find out these foreign companies. Best of luck to all.
AI
