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"The Company has analyzed its liquidation value and currently estimates that the aggregate amount of liquidating distributions to stockholders will range from $0.93 to $1.20 per share."
Delisting effective Nov 6. Historically, initial distributions are usually made within 15 days of delisting. Company estimates are usually conservative due to possible lawsuits if too optimistic. However, that does not mean that they are guaranteed. Traditionally there is usually a 72 hour pre-announcement before a distribution is made. Stay tuned to the company website for more information. Bought this in late June, early July in the $.58 to $.66 range. Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Any idear of available cash?
Wen is pay out?
Thanks...
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ghayes12345... | Rate it | 23-Oct-09 07:13 pm | ||
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Based on a recent filing, I'm expecting 1st distri...
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mrmonarch20... | Rate it | 23-Oct-09 07:59 pm | ||
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Thank you!
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ghayes12345... | Rate it | 24-Oct-09 12:45 pm | ||
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Mr. Monarch,
Congrats on LDIS. I bought so...
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imd85 | Rate it | 28-Oct-09 12:12 pm | ||
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Thanks, but I'm as confused as you are. ...
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mrmonarch20... | Rate it | 28-Oct-09 01:52 pm | ||
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Does seem ridiculous; though the pi...
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theargo7 | Rate it | 28-Oct-09 03:00 pm | ||
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Expect $.93 within a couple of weeks. Anothe...
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iambenjamin... | Rate it | 29-Oct-09 12:09 am | ||
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How do you know this?
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ghayes12345... | Rate it | 29-Oct-09 04:23 pm | ||
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Read the SEC filings. It's all the...
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iambenjamin... | Rate it | 30-Oct-09 07:18 pm | ||
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Re: Pay out
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iambenjamin... | Not rated | 4-Nov-09 09:11 pm |
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