Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : NAAC - National Affiliated Corp. $1 and Moving to $10 -- Ignore unavailable to you. Want to Upgrade?

To: GlenRP who wrote (1537)	2/1/1999 7:28:00 AM
From: Sam Matz	Read Replies (3) \| Respond to of 1587

Did everyone see the press release? I have it at home, but they settled with two out of the three debenture holders. The third is Black Sea. I think they bought back the debentures, but the release didn;t clearly state the settlement. I would love to hear the thread's opinions on the press release when people see it. I remember people not wanting LONE to settle for too little because they thought we really had a case against these "dbags" (to quote Glen). I am really curious to see what they settled for. If they are buying back the bebentures, then at what price? Did we get a deal here in our favor, or is the deal that we don;t have forced bankruptcy case against us from two out of the three? Some insight please. Welcome back to work all. Sam