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Microcap & Penny Stocks : Scriptel Holdings, Inc (SCRH)
SCRH 0.00010000.0%Jul 24 9:32 AM EST

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To: Jeffrey M. Jewett who wrote (156)11/12/1998 9:23:00 AM
From: Patricia Smith  Read Replies (1) of 159
 
According to the person I talked to at Scriptel yesterday, and to my broker, all scrh shares have been cancelled. Even if there is a reorganization with a new company and new shares, people who own scrh before that reorg will be out in the cold. There is nothing to buy here, except air. The sales we saw yesterday are apparently people selling to their brokerage houses for $1 and a certificate for tax loss. The judge signed the order Friday, and the order called for the cancellation of all shares. Call Scriptel if you want at (614) 276-8402. If your understanding is something else, please post it.
Pat
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