MultiCorp International Inc (MCIC)

[overtheedge]

When you say settlement are you refering to the chapter 7 or the coart action involving Mr Lee.I'm not really up to date on this stock right now. As far as the chapter 7 is concerned , when they ask for a dismissal,its my understanding they are asking the coart to grant them their chapter 7 procedings. If they dont then they will fall back on Chapter 11. In the ladder of the 2 they would have to repay their debt but keep their assets. If the court does dismiss their chapter 7 filing, then it would be over. No more debt, but also no more assets and probably no more shareholders. It would all be wiped out.I dont own this stock, well I own 1 share from years ago, its all I got left (sold most) from their reverse splits. Anyway been watching this stock for years. Just playing the wait and see game right now. good luck to you