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Enterprising Investor

11/07/12 10:05 PM

#23 RE: Enterprising Investor #22

As the direct owner of all of the capital stock of the Bank, the Company would be entitled to the net recoveries, if any, following the liquidation or sale of the Bank or its assets by the FDIC. However, the Company does not believe that any recovery will be realized. Accordingly, the Company’s common stock is likely to be of no value.

http://sec.gov/Archives/edgar/data/707855/000119312512450854/d435458d8k.htm