SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Avalon Group, Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: equalizzer who wrote (977)4/12/1999 2:22:00 PM
From: Eric Fader  Read Replies (1) of 1530
 
I guess AVAL continuing to trade when it no longer exists should come as no surprise, at least for a few days, in an era when shady OTC-BB MMs trade back and forth shares of companies that went out of existence years ago. CATV was a recent and classic example.

EQ, do you know whether the conversion of AVAL into AHS shares will be made as of today? It seems to me that that's how it would have to be done. Anyone buying AVAL tomorrow should logically own shares of "nothing," with no right to receive AHS shares.

Perhaps AVAL's transfer agent should be instructed to reverse any purported trades after today, analogous to an attempted sale of restricted stock. -Eric
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News