Replies to post #41 on Nexity Financial Corp. (NXTYQ)

[Alyssa]

The article says it has "remaining cash," and I took that to mean after all is said and done.

I haven't looked deeply into this yet, but the FDIC took over the bank, not the holding company, and "all deposit accounts, excluding the Cede & Co. deposits, have been transferred to AloStar Bank of Commerce, Birmingham, AL..."

There may be other assets of value within the holding company.

If ends up being a shell, then that should be worth at least .05/share, in my very humble opinion.

:)