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Re: rocketeer357 post# 35187

Tuesday, 03/29/2011 1:56:18 PM

Tuesday, March 29, 2011 1:56:18 PM

Post# of 35633
Even supposing that there is anything to reorganize so there could be an Chapter 11 reorganization which there is not, stockholders are wiped out. To file for Ch. 11 someone has to swear the financials are true and given the fraud no one with any knowledge could do so. Also their tax returns would have to be current. Besides CSMG does have any money to pay their atty's a retainer before nor could they do any plan that doesn't wipe out their NOL.
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