No doubt it will be interesting. There ought to be a ton of money left over for shareholders, but I expect many liabilities will come creeping out of the woodwork until there is only a nominal amount left over for the S/H. These were audited accounts, but in my experience this counts for little.
I expect the final distribution to S/H, if any, will be less than 1c per share. I would not be surprised to see any assets will be sold off well below B/S value and the liabilities end up being way above B/S value. It will be interesting, but I guess it is going to take a few years yet.... the longer the better for all those involved in drawing fees from the process, and no doubt that will end up in the multi-millions too.
PEZ Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
