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Re: PennyStockMania post# 731

Thursday, 08/12/2010 3:37:10 AM

Thursday, August 12, 2010 3:37:10 AM

Post# of 6691
Acording to court documents GACFQ must meet all obligations to come out of bankruptcy so Ascent can purchase the shell. A shell cannot be retained when there is a bankruptcy (Q) attached. The shares are a category four meaning equity interest. This is the last to go. GACFQ will be coming out of BK by end of year.

These prices on a low floater and no dilution is great.

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