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Re: SOUTHGAS post# 220

Sunday, 04/15/2012 11:34:25 PM

Sunday, April 15, 2012 11:34:25 PM

Post# of 330
GEER is now a private company per this article:FindArticles / Business / Wines & Vines / April, 2004
Wine portfolio still outpacing S&P
by William R. Wallace, Marshall G. Berol
.12Next ...More Articles of Interest
America's

Are the gnomes of Wall St. reading Wines & Vines? Maybe they missed the Barron's piece (Feb. 16, 2004) predicting a worsening of the wine glut.

Yet as investment in wine-oriented organizations appears to be on the upswing, several companies apparently are leaving the public arena. Joining the departed ranks of Beringer, Ravenswood, and R.H. Phillips is Geerlings and Wade (GEER). This direct marketer of cork finished product has chosen to go private. It has withdrawn its stock registration with the Securities and Exchange Commission (SEC) and is now trading in the Pink Sheets.

The Pink Sheets are a wild and woolly place for any investor. Unlike stocks that trade on the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), and NASDAQ, securities found in the Pink Sheets have no reporting responsibility ...So are these just shares left over from a company that was once public like one I found before and called finding out they didnt know why they still had their shares on the market?They havent filed a financial since 2006 from OTC MARKETS..Just think all need to know this.

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