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I don't understand the recent 8K.

http://apps3njo.actrade.com/8K.09.16.03.doc

I appears that the holding company will auction off intellectual properties and are not "writing new business". Patents / trademarks seems to have gone to CIT Group / Commercial Services for $200K.

No idea if stock holders will get anything.

I'm hoping that things will be settled before 31 December so my loss be registered. Right now, my paper value of Actrade is paultry, so it is not worth selling; almost not worth tracking.

Mike
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No. of Recommendations: 0
I don't understand the recent 8K.

http://apps3njo.actrade.com/8K.09.16.03.doc

I appears that the holding company will auction off intellectual properties and are not "writing new business". Patents / trademarks seems to have gone to CIT Group / Commercial Services for $200K.

No idea if stock holders will get anything.

I'm hoping that things will be settled before 31 December so my loss be registered. Right now, my paper value of Actrade is paultry, so it is not worth selling; almost not worth tracking.

Mike
Print the post Back To Top
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