Replies to post #385 on Centerline Holding Co (fka CLNH)

[Witmas]

Thanks for the reply.

I'm fairly new to everything, and this company's situation is pretty unique from what I've seen so far.

Mainly, I'd like to know if it's really legal for them to pay shareholders .07 per share when the current share price (and book value) is well above that.

Also, why is the price continuing to increase if the shares are "valued at .07"?

Is the r/s and privatization guaranteed or could this all be a ruse?

And for the important part: I have less than 5000 shares and it's really not in my budget to increase to 5000. Should I sell now?

Thanks in advance!