#Commodore Stock
16-May-95 16:29:32
Sb: #197196-#Commodore Stock
Fm: Don Curtis/SYSOP 76703,4321
To: Daniel J. Wolfson 74673,1401
Daniel,
It depends on the end result of the bankruptcy. The sale of the
company was simply a way to convert an asset into cash. The cash is then
distributed to the creditors based on whether they're secured creditors or
unsecured creditors. A share holder is an unsecured creditor.
Considering selling the assets didn't even get enough money to pay off
the secured creditors, stock holders, and other unsecured creditors are left
with worthless paper.
Don