Replies to post #161 on UCBH Holdings Inc (fka UCBHQ)

[frdmlover]

I have been trying to figure that out myself.
Even called EWCB...who bought out the assets, not the company according to EXBC IR...dont quote me but that is how I understood the conversation. Also called TD (broker) and asked them and to be honest couldn't a definitive answer other that the stock was still tradable. It would be great if we could get some conversation on this and maybe someone who knows how to research this issue. I am interested in buying but not if the company is doomed and only selling shares to raise capital to pay debt, then bham! no company and no shares so total investment loss.

Anyone know how this process works?

[Kurupt]

Where did you get that info they in chapter7 i dont see a filing?

[Kurupt]

I would ask after the FDIC blocked the deal them what are they going to do. We already know one stock that got some assets but they had a lot more than that.