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Re: SevenTenEleven post# 176768

Monday, 06/06/2011 8:19:57 AM

Monday, June 06, 2011 8:19:57 AM

Post# of 221863
SevenTenEleven: Under the scenario I described the record date would be the last day the stock traded. If the SEC issued a revocation notice the company would be given the right to a hearing held before a Judge on an agreed upon date and the stock would still be trading. The company has already announced the liquidating dividends via the Preferred A's and B's and would only have to set up a task force to handle the paperwork and reporting necessary. Anyone short would have to pony up or be reported to both the SEC and the Judge, not something they would want imho. Go FFGO!!!
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