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Re: Old Tymer post# 41

Wednesday, 09/07/2011 12:08:38 PM

Wednesday, September 07, 2011 12:08:38 PM

Post# of 137
The article says it has "remaining cash," and I took that to mean after all is said and done.

I haven't looked deeply into this yet, but the FDIC took over the bank, not the holding company, and "all deposit accounts, excluding the Cede & Co. deposits, have been transferred to AloStar Bank of Commerce, Birmingham, AL..."

There may be other assets of value within the holding company.

If ends up being a shell, then that should be worth at least .05/share, in my very humble opinion.

:)

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