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Re: kennypooh post# 5757

Tuesday, 06/07/2011 2:47:05 PM

Tuesday, June 07, 2011 2:47:05 PM

Post# of 9113
Otay, otay, geez . . .

"... Personally, I believe there is ..."

"... Then explain to us why you believe there is...why leave it 'hanging'? If it's wrong we need to change it? ..."

The reason I believe there is a difference between the previously working company, "Capital Growth Systems, Inc", and the "Shell" now represented by the stock "CGSYQ" is this:

Before the BK, the corporation known as "Capital Growth Systems, Inc" had all of the assets necessary to conduct a telecommunication business. After the BK, the corporation known as "Capital Growth Systems, Inc" will NOT have all of those assets. Pivotal will have them.

What the corporation known as "Capital Growth Systems, Inc" WILL have are the assets that Pivotal didn't want and/or need in order to run a telecommunication business, a business that will now be privately held and controlled by Pivotal. In BK speak, it means that "Capital Growth Systems, Inc" will have been transformed from a working telecommunication business into an "estate" with enough assets to be classified as a public shell.

The name "Capital Growth Systems, Inc" will be the same, so far as I know of at this time, but it's status as a telecommunication business will no longer be the case.

And THIS is where I believe confusion arises when statements like "Capital Growth Systems, Inc will not emerge from BK" are made. IMO, for the sake of crystal clarity, WHICH "Capital Growth Systems, Inc" one is referring to should be made clear. Is it "Capital Growth Systems, Inc" the corporation that was once a working telecommunications business or "Capital Growth Systems, Inc" the corporation that is now a public shell.

But, Once Again and As Always, This Is Just My Opinion.

-= smile =-

plmcc

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