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1manband

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1manband

Re: odiaz28 post# 3334

Thursday, 09/05/2013 8:10:18 PM

Thursday, September 05, 2013 8:10:18 PM

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Not true. The shareholder value is still zero. The stock price is up, but shareholder value is zero because of the $150 million owed to the preferred stockholders.

The only asset the Company will have is the $44 million in cash they get from PGI. That will be paid to the preferred holders in liquidation, and the common stock will be wiped out with no payment.
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