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Re: knack post# 196

Wednesday, 11/24/2010 4:14:45 PM

Wednesday, November 24, 2010 4:14:45 PM

Post# of 359
Great news if you are still on board. I see it as great news.

All assets have been sold. I dug a little deeper and read a few of those 8-ks.

The assets were sold to settle up with the creditors. The only thing remaining is the shell itself.

Was it sold when the assets were sold? That is what I am trying to find out.

Either scenario, the shell is now debt free because the assets were sold to appease the creditors.

No debt and shell that trades. Check out PFOB. That was the same scenario and that one we brought back from the dead, from a Chapter 7. Yes, we, me, and a few others dug deep and someone was willing to go after the shell. One of the past creditors.

Here, we don't have to worry about the past creditors. All we need to know is who owns this shell and what they are going to do with it.

Someone owns the shell or someone is going to take it over. The recent run up may have had something to do with it. JMO

Someone may be getting ready to already put something into the shell. JMO
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