CPI Corp. (fka CPICQ)

[snapshot23]

Trading halts to allow the market to digest new company information.

When a company is listed on a U.S. stock exchange, it agrees to notify the listing exchange about any corporate developments that could affect trading activity in its stock—before announcing them to the public. These developments can include:
changes related to the financial health of the company;

major corporate transactions like restructurings or mergers;

significant positive or negative information about its products;

changes in key management individuals; and

legal or regulatory developments that affect the company’s ability to conduct business

The lack of trades could be due to the "sale"

Just not sure why it is taking so long to give us so notice of the actual sale, we are moving out of early March and into mid March.

I do think that there is something in the works and it is not just lip service that they are giving us. Why go through the trouble of the letters if they are just pulling the plug? Seems silly to me. As far as the severance pay (or lack of it) After reading the court order for duff and phelps, my understanding of it, is that they (duff and phelps) are responsible for paying us our wage but excluding severance and termination pay. This is a court order dated April 2013 from the Superior court of Justice in Ontario Canada. So even though it sucks it is completely within realm.

My other clue that something is being put together is the fact that photosunlimited.ca (the domain name) was registered early February. Maybe it is just a coincidence but I am thinking(hoping) it was bought by who ever our investors are.