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I'm a French stockholder. My 3K JALFQ stocks

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FrancoisFRA   Thursday, 01/20/11 11:55:43 AM
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I'm a French stockholder. My 3K JALFQ stocks dissapeared too.

I only found topics on this place, so I'll reply here with what i've (hardly) found.

Latest JAL statement:
2010.11.30 * Approval of the Reorganization Plan

Reorganizational Plan: (submitted in august 10)
http://www.jal.co.jp/en/other/info2010_0831.html

See POINT 2:
"Stock owned by JALS shareholders will be acquired gratis, and all treasury shares will be cancelled, and JALI will reduce stated capital and capital reserves to zero."

...So they took everything with court approbation.

A "100% reduction warning" was also in the FAQ on their investor page regarding the delisting, so it was planned BEFORE august !


Can't explain the jump to 0.022 the last day though...

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