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Re: IBBY post# 7168

Friday, 04/01/2011 10:37:07 AM

Friday, April 01, 2011 10:37:07 AM

Post# of 7196
Regretably it means that MTLQQ stock has been cancelled , meaning no more shares exist excepting for ONE created and issued share of MTLQQ to a trust .

New equity will be authorized for the Secured Creditors , but former shareholders' equity no longer exists . Brokerage accounts will likely display the amount of MTLQQ cancelled shares are held in their client accounts but there will be NO VALUE affixed to those shares .

Unconscionable !!

To bite the worm of incite is to bite the HOOK of the antagonist . They win .

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