LTV Corporation (fka LTVCQ)

[eagle_2975]

How about this DD:

"Additionally, the value obtained from the liquidation of the Debtors’ remaining assets will not be sufficient to provide any recovery for common shareholders of LTV.
On March 31, 2005, the Court entered an order that among other things: (a) approved a distribution and dismissal plan for LTV and certain other debtors; (b) authorized LTV and LTV Steel to take any and all actions that are necessary or appropriate to implement the distribution and dismissal plan; (c) established March 31, 2005 as the record date for identifying shareholders of LTV that are entitled to any and all shareholder rights with respect to the distribution and dismissal plan and the eventual dissolution of LTV (although shareholders of LTV will not receive a distribution on account of their shares of LTV’s stock) ; and (d) authorized LTV to establish and fund a reserve account for the conduct of post-dismissal activities and the payment of post-dismissal claims."

From their latest 8-k in exhibit 99.1. Just don't want people to get suckered into buying something the company has said multiple times is worthless.