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Strategies & Market Trends : Rande Is . . . HOME

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To: dexx who wrote (4082)3/5/1999 1:00:00 PM
From: Bucky Katt  Read Replies (1) of 57584
 
dexx, do you know how to read a sec. filing? The preferred holders will get the cash. The common stock is worthless.

"" If no suitable business combination is identified within a reasonable period of time, the Company may elect to liquidate and distribute the remaining net proceeds to shareholders. If the Company liquidated at the present time, all of the net assets of the Company would be paid to holders of the Company's preferred stock.""

Now who do you think will get that cash?

Nice try buddy!!!!!!!!!!!!!!!
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