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Microcap & Penny Stocks : The Real Micro-penny- Less then one penny!! -- Ignore unavailable to you. Want to Upgrade?

To: Jason Riche who wrote (11)	6/23/1998 3:05:00 PM
From: Chloe R	Read Replies (1) \| Respond to of 906

Jason, I haven't looked into it but the "Q" designates it as a stock trading in bankruptcy. In that case you just have to track it down and take a look at the reorg plan filed with the court and whether competing plans have also been filed. If it fails, bankruptcies make good shells - the BK process cleans them up quite a bit. Have to be cautious about shareholder lawsuits, though. That risk doesn't go away for three years (seven, if fraud was involved.) Let us know what else you find out. Clo