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momo100

03/07/11 9:57 PM

#34910 RE: momo100 #34909

What has happened to this stock and it's holders was a one in a million event that this stock would unfold into a worthless peice of psper like this. I have seen some stocks lose 95% of their vakue but not be delisted to greys, not having their articles cancelled, not having anything occur after 4 years since the delisting. This is worse then Enron or Lehman, we do not even know where the stock sits regading assets.liabiliities. Why didd this happen, I have never seen this happen to a stock before. Never. At least these is some form of conclusion or finaility. Not here, Does anyone know wher is really going on here??

Apophis

03/08/11 10:35 AM

#34911 RE: momo100 #34909

FYI: clean stock shells sell for $80K

They had leases and partial ownership in some oil and gas wells
"the monster well" some they owned as little as 7% of a well.

The crime here is if they sold these assets off and ran with the cash then there will be some jail time. If the assets never existed then it will be same outcome.

I am assuming that the very last asset is the shell itself and they will sell and run away with this very last item of value?

This thing is done