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Microcap & Penny Stocks : AETTQ - Alliance Entertainment - Largest Music Distributor
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To: TokyoMex who wrote (83)1/23/1998 12:44:00 PM
From: Steve Rubakh  Read Replies (1) of 169
 
For lazy people:

8-K:
A report of unscheduled material events or corporate changes which
could be of importance to the shareholders or to the SEC. Examples
include acquisition, bankruptcy, resignation of directors, or a
change in the fiscal year.

<<<<< Alliance intends to present a plan of reorganization to the
Bankruptcy Court to reorganize the Company's core business and
restructure the Company's long-term debt, revolving credit and trade
obligations. Under provisions of the Bankruptcy Code, the Company
has the exclusive right to file a plan at any time prior to February
17, 1998 and to solicit acceptance of a plan of reorganization
until April 17, 1998, each subject to possible extention as
approved by the Bankruptcy Court.>>>>

Approval is very likely. Used to be listed on NYSE under "CDS".....
Easy money to be made right here!!!

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