TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: LawStor who wrote (18926)	1/5/2000 12:27:00 AM
From: SSP	Read Replies (1) of 150070

CHAS - thestreet.com chart.bigcharts.com biz.yahoo.com Nov. 8, 1999--Chastain Capital Corporation (Nasdaq/NM:CHAS - news) today announced that its Board of Directors had declared an initial liquidating distribution to shareholders of $7.45 per share of Common Stock. As previously announced, Chastain's shareholders on October 1, 1999, voted to approve the complete liquidation and dissolution of the Company pursuant to a Plan of Liquidation and Dissolution. Chastain currently has one real estate asset remaining, a retail property, which the Company is marketing for sale. Assuming the sale of such property and the satisfaction of its remaining obligations, the Company expects to make a final liquidating distribution in the first quarter of 2000. When is record date? add T+3 and see if it's still posible to get the payout! A 50 cent stock paying a few bucks!

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