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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Blue On Black who wrote (5403)9/14/1998 11:51:00 PM
From: bmart  Read Replies (1) | Respond to of 26163
 
Mr. Cooper,
The TRO's were issued last thursday. The defendants were no-shows to the hearing and lost by default. The court is serving the TRO's to those who defaulted. The clerk of the court said this process can take up to 3 working days. That would mean, if the orders went out to be served friday,...it would encompass friday, Monday, & tuesday. I would expect covering to commence on Wednsday (if all were served properly).
They must start buying back the 4MM+ shares "immediately" and return them to the TA. Once the 4MM+ shares have been returned to the TA, the company will instruct shareholders to call there shares into name for a 5% dividend, new cusip # and new tick. The float is in friendly hands. It will be called into name upon the company's instructions.

RB