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downsideup

05/29/10 6:32 PM

#680 RE: limbo #679

Biltmore was the name of the shell company that became ABSY...

Biltmore is now ABSY... or, it was, before the SEC and ABSY management did whatever they did in reaching an agreement...

Note... we STILL don't know what it is that they did.

It is clear enough that ABSY is no more... not only has it been de-registered with the approval of the SEC, without resolving prior issues or informing investors, but it has been removed from trading... and investors have not been informed by the company or by the SEC what it is that means for them going forward.

Welcome to the world of SEC "protection" of investors.