Replies to post #97243 on Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

if fantastic four loses I'll give you $50 for all 100k your Ct's hows that sound?

[SwissCheeseAccount]

>>>

I do not think offer recycled shares of the old company for a new company is possible.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169772278

Following the change of management in 2009, the company reached a comprehensive settlement on a number of issues, including a repurchase of some shares held by former management. That settlement was amended in February 2010, so that a total of 195,838,346 shares of Global Water common stock will be returned to the company treasury. According to the company's bylaws, the returned shares will initially have the status of authorized and unissued. Those shares may be issued in the future.

https://www.aciclaw.org/news/2019/mid-atlantic-update-in-re-lehman-brothers-holdings-inc/

Pursuant to the LBHI charter in effect prior to the petition date, LBHI was authorized to issue such preferred stock, with over 17,000,000 shares available for issue.

https://www.fool.com/knowledge-center/what-is-the-difference-between-treasury-shares-and.aspx

Authorized shares: The number of shares a company is allowed to issue. Companies can, and often do, issue fewer shares then are authorized.

Issued shares: The total number of shares a company has ever issued, whether or not they were made available to be sold to the public.

it is possible.

wow