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Re: ArtieB post# 4582

Thursday, 09/30/2010 1:36:42 PM

Thursday, September 30, 2010 1:36:42 PM

Post# of 7698
So Merge Beverages gets a clean shell for $30k and the creditors get to fight over the proceeds which after court costs will be close to nada.

The hearing should be a non-event as the creditors know they will be fighting over bread crumbs so I don't expect any to show.

After the hearing on Nov. 4 Merge can then proceed with Pompis, Boo Koo or choose your beverage.

What about our common shares? I assume they will still be active as nothing was mentioned except 'all shares that
have been reclaimed from the previous owners during the bankruptcy proceedings.' which Yaquinto pleads ignorance of.

Does this sound right?

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