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grego68

03/16/13 3:24 PM

#147099 RE: BONESPUR #147089

When a company liquidates it's assets, it's under no obligation to compensate shareholders. The only time a company would be required to compensate shareholders would be a buyout of the entire company. That did not happen. Only the assets were "sold" and the company still exists...It may only exist as an empty shell with zero assets, zero revenue, and shrouded in controversy, but none the less, it's still a business entity...
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janice shell

03/16/13 10:42 PM

#147130 RE: BONESPUR #147089

Tob says it would cause lawsuits if shareholders don't get a "liquidating dividend". If the company can't be found then they cant be sued.

They certainly can't be sued for not paying a liquidating dividend, given that they never promised one.