Value Microcaps Zip Code Changers

[Potse]

CFON...final liquidation distribution.....

That makes Robert Sillerman's acquisition of the GWAY/FNCX shell (4M outstanding, 15-12G filer) somewhat of an eyebrow raiser. It could quite possibly renew interest and speculation in low-share structure pink sheet shells. That is why I plan on maintaining the decent-sized positions I have built in 15-12G filing shells like AHAG and CFON.

CFON was one of the shells caught up in the big "pre-emptive" shell suspension by the SEC last month. It turns out that the SEC brought an end to what was actually/probably a reasonably good 15-12G filing shell. CFON has decided to completely liquidate and distribute the remaining cash. The cash distribution (.0175/share) will probably show up in my account either today or tomorrow.

In the months prior to the suspension, people were selling shares of CFON at a valuation that was less than 30% of the net cash on the books.

http://www.otcbb.com/dailylist/txthistory/di06122012.txt