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Renee

01/09/09 8:03 AM

#4 RE: lifegear #2

Lifegear ....I haven't done any DD on Divine since I sold out a long time ago , but I will take an educated guess that Divine is in Chapter 7 liquidation BK inthat Chapter 11 re-org wouldn't be permitted to drag on for approximately 7 years .

Big Money backers lost a ton of money , so if there ever is any cash left over it would be them that would get a few crumbs . The common would likely get zippidy-do-dah nothing , IMO .

In reference to your next post I do re-call that Divine's specialty was patented Intellectual Property that the company was trying to licence to other Industry Leaders .

Divine was a flash in the pan dot com bust within a year ( or so ) of inception and IPO .

It gave me shivers of dread walking down memory lane of years 2000 to 2002 . It took the next 3 years for me to recover my vaporized money ....but at least I am much smarter now , LOL .

Renee