Replies to post #5731 on Capital Growth Systems, Inc.(fka CGSYQ)

[s17gator]

LOOOOOOOOOOOOOOOOKS like trips coming real soon?????????

[hedge_fun]

As of May 20, 2011 the bulk of the assets, debts, agreements, contracts, liabilities, etc. have been transferred to a Pivotal Group subsidiary named Global Capacity Pivotal LLC.
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001116694&type=&dateb=&owner=include&count=40

CGSYQ remains the ticker of the old company until BK closes. Capital Growth Systems, Inc. is no longer in any business of any kind...it will not emerge from BK.

Since the company is no longer in business......as you claim, please explain this NEWS on their website AFTER the May 20, 2011 date you reference.

Chicago, IL, USA, May 23, 2011 - Global Capacity, the world’s leading telecommunications information and logistics company, announces the launch of Lattis Global, a proprietary, automated on-line tariff quoting system for the telecom industry. Lattis Global builds on the foundation of LattisTM, which has been providing tariff pricing and quoting solutions to the US market for over 20 years. With more than 100 customers, Lattis has become the de facto standard database to source US-based Inter and Intra-local access price quotes. Lattis Global extends its legacy of success by bringing its Local Area Transport on-line quoting system to 35 countries worldwide.

Lattis Global provides customers with automated, real time access to Global Capacity’s extensive database of global telecommunication locations, suppliers and pricing data, providing the capability to generate accurate, up-to-date price quotes based on telecommunications tariffs for Leased Line and Ethernet services. Lattis Global contains nearly 2,000 distinct tariffs from ...


http://www.globalcapacity.com/news/index

Also Pivotal list Global Capacity on it's website as an asset.

Sounds like they ARE in business........of course I could be wrong, since you will SHINE THE LIGHT OF DAY on all this, right?

thx in advance

http://www.pivotalgroup.com/select_investments.htm

[hedge_fun]

Capital Growth Systems, Inc. (CGSY), doing business as Global Capacity, Inc., operated as a telecom information and logistics company........Capital Growth Systems, Inc. is no longer in any business of any kind...it will not emerge from BK.

as I posted........you may want to re-write......

[Rustler]

Financial status of the BK company as of March 31, 2011 8k:
Total Liabilities ($106,268,878)
Total assets $26,408,554
Total current company value ($69,860,324)

Ouch. I don't care how you look at that, it hurts!

[Juschilln]

What's the deelio daddio?

[ewtrader]

What is your opinion of the shares that were not purchased by pivotal?

How do you feel about capital growth systems (cgsyq) future?

Do you know when the Q will drop?