Congoleum Corp (fka CGMCQ)

[Fast Flyer 03]

Let's just see where this is taken on acceptance or not.Extracted from the latest PR!!! Just in reference.


Congoleum Corporation (PINKSHEETS: CGMCQ) reported today that it has filed a modified plan and disclosure statement with the US District Court. The plan was filed jointly with the official asbestos claimants' committee, the official committee of bondholders and the futures representative. A hearing on the disclosure statement and plan voting procedures has been scheduled for March 12, 2010. Terms of the plan are substantially similar to those of the previous reorganization plan filed on October 22, 2009.

In the event that the modified plan is confirmed and becomes effective holders of existing common shares of Congoleum will receive nothing on account of their interests and their shares will be cancelled. Actual results could differ significantly as a result of these and other factors discussed in Congoleum's annual report on Form 10-K for the year ended December 31, 2008 and subsequent filings made by Congoleum with the Securities and Exchange Commission.