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jb1967lbk

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jb1967lbk

Re: A deleted message

Friday, 08/24/2012 11:23:16 AM

Friday, August 24, 2012 11:23:16 AM

Post# of 15495
Have you ever seen an equity that was cancelled by a Plan of Reorganization that was later "resurrected"?

The ownership of the new entity has already been established by the Plan of Reorganization. Do you expect those new owners to give up some portion of their stake in the new entity to the old, cancelled equity? And if so, why would they do that?

"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital

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