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oilspec

04/15/14 5:58 PM

#343448 RE: shajandr #343443

SHAJANDER: Thanks for the clarification. Is it the responsibility of the bankruptcy judge to formally "dissolve the entity" in a Ch 7 case?

If this bankruptcy results in the entity being "dissolved" instead of the bankruptcy being "discharged", do you know how and when the management of the OTC stock board will de-list the stock? Seems like there would be no point in continuing to list a stock for an entity that has been dissolved.