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To: sandintoes who wrote (2062)10/13/2008 11:59:08 AM
From: stock leader  Read Replies (1) | Respond to of 2203
 
Remember ole 'Calico Commerce'? they were a b-to-b internet hype from 1999... Similar b-to-b commerce companies during that era included 'Purchasepro.com' and 'Commerce One'.
Calico filed Chapter 11 bankruptcy in 2001 i believe and ultimately made distributions of .50 per share or more to shareholders (after paying all creditors).....

The Plan is filed as Exhibit 2.2 to this Form 8-K. All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Plan. The principal provisions of the Plan are as follows:

• The “Effective Date” of the Plan is August 26, 2003.

• The “Record Date” is the close of business on August 26, 2003.

• The Plan provides for payment in full of all administrative claims.

• The Plan provides for the payment in full of all undisputed, non-contingent claims of creditors against the Company, plus interest at the rate of two and twenty one hundredths percent (2.21%) per annum.

• All remaining assets will be distributed to the Company’s stockholders in one or more liquidating distributions. Distributions will be made to all stockholders of record as of the Record Date, which is defined in the Order as the close of business on August 26, 2003 (the “Record Date”). Payment to the holders of undisputed, non-contingent claims will be made on or shortly after the Effective Date of the Plan; initial distributions to stockholders are expected to be made by November 2003.