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To: EdH who wrote (7428)11/2/1998 7:41:00 PM
From: KM  Respond to of 7685
 
You will receive notice of the bankruptcy if you're a shareholder. Be sure that you file a proof of claim in the bankruptcy case. You should receive instructions on how to do that with the notice.

In chapter 11, claims are classified and receive different priorities as set out in the Bankruptcy Code. If you have a significant investment in the company, you should consult your attorney. A creditors committee may be formed and it might be in your interest to investigate that.

Good luck

BTW, I tried to warn you guys last week.

exchange2000.com



To: EdH who wrote (7428)11/2/1998 7:53:00 PM
From: Dale Stempson  Respond to of 7685
 
>>> So from a novice in these situations -- do we just use the certificates for wall paper or will this C11 thing bring anything to us? <<<

Don't trash those certs quite yet. It is premature to assume your shares are totally worthless. There will likely be more news soon that will clarify where the company is heading.

Regards - Dale