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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: norwalk hawk who wrote (5680)6/8/1998 12:38:00 PM
From: JJB   of 6735
 
Spoke with Judge McFeeley's office. Today at 3:00 PM MST there will be a hearing regarding the disclosure statement. It is my understanding once this is approved it will be sent out to all shareholders for a vote. I would expect that it would follow reorg plans; after shareholder confirmation a recall and reissue of the stock certificates.

I will try to find out the time line and other information once the documents are made public.

Hearing for SEC modifying injunction scheduled for 3:00 PM. MST tomorrow wonder if the issue of ongoing appeal in Denver will have any relevance to the court.

jjb
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