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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: voyagers_stocktips who wrote (53432)7/3/2000 7:24:25 PM
From: LawStor  Read Replies (1) | Respond to of 150070
 
Voyager, I live in So. Ca, I have a friend who owned three parlors he lost on all as they were being mislead by the company to my understanding in addition he had to file a personal Chapter 7 Bankruptcy.

After he lost them the company took them back and sold them to Red Brick Pizza you may need to add that to your "dd" and see how they bought them or if the sale of locations helped NUZA for their Chapter 11 proceedings. For a while they were high flying.

But so was Jacobe & Myers the law firm here until they filed for protection. I happened to be in the bankruptcy court on another matter the day of one of the hearings in Los Angeles, with both sides represented by at least 5 attorneys any money they save in Chapter 11 they will spend in fees. remember Chapter 11 allows you time to pay off creditors first usually up to three years if meeting their plan, if that fails then bye bye to Chapter 7 they go. I was in a play long ago before I decided to do this for a living it was El Pollo Loco still in business but my shares went away.

Regards,

Elwyn