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Joe1984

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Joe1984

Re: None

Wednesday, 09/11/2013 4:49:14 AM

Wednesday, September 11, 2013 4:49:14 AM

Post# of 42706
looks like the fair value will be determined by an "agreement" between the shareholder and company or the New Jersey Superior Court. The preferred stock was given a par value of .01.

As we know they want to use the proceeds from the sale to purchase an operating company and relist on an exchange. Looks like the total sale was for 3.8 mil. before paying off debt, etc.

If you do not make a demand for dissenter's rights then you will be at the hand of Toms and company to see if they can do what they said above. If they are unable to then they say they will consider (but are not obligated to) distributing any or all proceeds remaining from the asset sale to the shareholders.

The comapny's name was also changed to "CSG, Inc."

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