Decorator Industries Inc. (fka DINIQ)

[mrholty]

I know. I do thank you. Thanks.I had pulled PACER on Friday evening and the two important ones were not there at that time. My thoughts per my post at the time were signalling much of what I thought.

I spend some more time going over my numbers that I had posted from early May (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75079260)

I was long the stock at the time of my post but as I looked at the numbers in greater detail I ended up calling the company as my math had only $1M of wiggle room and I had not included any legal fees which was a big ommission.

I called the CEO, who is the only employee left at DI and asked what the plan was. He told me straight up that the original plan was to file BK and sell the Mobile Business as they had lost the contract for that drapery business in mobile homes and the plan was to reorganize and consolidate plants around the hospitality business. I asked about why the OCC objected to the sale of the mobile division in December and he couldn't say. His last statement was that delay and expense caused a shift from a reorg to a liquidation. Once he said that I assumed equity was toast and sold out.