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WMCLQ (OTCBB) Westmoreland Coal Company was listed on the NYSE and filed bankruptcy on 12/23/1996.  On October 15, 1998, an agreement was reached between all parties to dismiss WMCLQ from bankruptcy. A copy of agreement can been found on EDGAR.  WMCLQ has 6.9 million shares outstanding, Book value of $9.58 and Cash of $11.20 per share.  Revenues rose from $30.4 million to 78.8 million.  Net income rose from $2.2 million to $45.8 million or $6.63 per share.  WMCLQ has a NOL of over $200 million.  This stock will be moved from the OTCBB to either the NASDQ or a listed exchange after the dismissal is finalized.  Current bid $2.03 asked $2.09. Appreciate any thoughts or comments that anyone may have on WMCLQ. | ||||||||||||||
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