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Gold/Mining/Energy : JAB International (JABI)
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To: Linda Kaplan who wrote (3932)10/13/1998 8:46:00 AM
From: Frank Brisebois  Read Replies (1) of 4571
 
Linda:

<<What happens to us shareholders if they liquidate? And what happens to us shareholders if they do go CH 11? Thanks for any information.>>

1. If they liquidate! They can't as the county seized all their assets.

2. They can't go CH 11, as they have NO MONEY ($50K to file) to go CH 11.

As it stands now, it looks like JC will simply delist from NASDAQ and close it's door. Kiss your money bye bye..

Alas poor us.....

Frank

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