just recieved bankruptcy mailing.. - GoFuckYourself.com

TDF · 10-21-2002, 05:53 PM

I just recieved a bankruptcy statement from an atty. regarding Worldcom. Looks like I'm going to be getting in on a huge lawsuit in regards to this...ziiiiiiiiiiing

BJ · 10-21-2002, 05:54 PM

lawyers will get millions, and you'll get 10 bucks and a phone card

TDF · 10-21-2002, 05:55 PM

Quote:

Originally posted by PureMeds
lawyers will get millions, and you'll get 10 bucks and a phone card

i guess something is better than nothing

BJ · 10-21-2002, 05:56 PM

did you own their stock or does this have to do with web900?

TDF · 10-21-2002, 05:57 PM

Quote:

Originally posted by PureMeds
did you own their stock or does this have to do with web900?

actually a little bit of both.I'm guessing it's in regards to my stockholdership

sweetcuties · 10-21-2002, 05:57 PM

Quote:

Originally posted by PureMeds
did you own their stock or does this have to do with web900?

I've got 2,000 shares of worldcom

WiredGuy · 10-21-2002, 05:58 PM

I got one of those kind of letters from a mainstream client who couldn't afford to pay my bill. It's been about 9 months now since the first letter and I am still waiting for bankruptcy court to finish so I can collect like 28% on the dollar of what was owed. How great is that...

Lesson learnt, mainstream companies don't have money. Porn companies do.

WG

LUCL0NELY · 10-21-2002, 06:01 PM

i owe worldcom 2 billions. luckily they go bankrufted and forgot all about me

worldcom

BJ · 10-21-2002, 06:02 PM

I own 27,000 sshares of xoxoq and Im holding on

multisexsite · 10-21-2002, 06:05 PM

Trust me.. worldcom wouldnt forget anyone owing them money just because they went bankrupt.. they could sell all debts owed to them to a collection agency and pull in some quick cash.

TDF · 10-21-2002, 06:11 PM

I hope its not some rinkey dinkey check...give me the moneyyyyy

jimmy3way · 10-21-2002, 06:11 PM

No shit? I got a few thousand shares of W-com....

pr0 · 10-21-2002, 06:42 PM

I saw that letter sitting downstairs as well. Do i own stock in them, or did i just use their phone service?

playa · 10-21-2002, 06:46 PM

shit i owned bout 1k shares of MCI,, (use to work for them)

i didn't know they can pay you shares,, i was just gonna write it off as a loss

AllisonWonderland · 10-21-2002, 07:50 PM

Those letters were a mass mailing, I got 3 of them today, all addressed to 3 spelling variations of our company name. My guess is that anyone who ever had any financial dealing with them (phone service, etc.) at all got one.

pimplink · 10-21-2002, 08:52 PM

Quote:

Originally posted by toodamnfli
I just recieved a bankruptcy statement from an atty. regarding Worldcom. Looks like I'm going to be getting in on a huge lawsuit in regards to this...ziiiiiiiiiiing

I've had mailings from Millberg Weiss [the law firm most responsible for these securities class actions] for half a dozen stocks I owned during the dot bomb days. My tip is: Don't scope out your next mortgage on the hopes of a big payoff. Its usually cents on the dollar and only after you've filed tons of paperwork to prove your membership in the "class."

TDF · 10-21-2002, 08:55 PM

Quote:

Originally posted by pimplink

I've had mailings from Millberg Weiss [the law firm most responsible for these securities class actions] for half a dozen stocks I owned during the dot bomb days. My tip is: Don't scope out your next mortgage on the hopes of a big payoff. Its usually cents on the dollar and only after you've filed tons of paperwork to prove your membership in the "class."

i still live ghetto fabolous...no penthouse apt. in the sky for me

BJ · 10-21-2002, 08:59 PM

anyways, when a comapny goes bankrupt, a zillion law firms file these suits in hopes of settlements. I wouldn't be the least bit suprised if you got 10 more letters from different firms

dav555add · 10-21-2002, 09:14 PM

Hey
I bought 1000 share at 7 cents each, figure if they get back from bankkruptcy I'll make money selling themat $50 in 10 years, if not, oh well. just wasted 70 bucks...
just feel sorry for the people who used to work there
How many of you guys are buying stock at these ridiculously low prices???

BJ · 10-21-2002, 09:21 PM

Quote:

Originally posted by dav555add

How many of you guys are buying stock at these ridiculously low prices???

I buy lots, but the important thing to realize is that a lot of these penny stocks are simply securities and they no longer trade on the nasdaq. It is very risky, but if you can buy 5,000 shares of a company like xoxoq for 100 bucks its worth the risk. Because if they ever do get thir heads above water and get re-listed you could be looking at a small fortune.

10-21-2002, 05:53 PM	#1
TDF Triple OG nigga on GFY Industry Role: Join Date: Mar 2002 Location: in the BP4L family compound Posts: 27,296	just recieved bankruptcy mailing.. I just recieved a bankruptcy statement from an atty. regarding Worldcom. Looks like I'm going to be getting in on a huge lawsuit in regards to this...ziiiiiiiiiiing __________________ Sig heil

10-21-2002, 05:58 PM	#7
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,483	I got one of those kind of letters from a mainstream client who couldn't afford to pay my bill. It's been about 9 months now since the first letter and I am still waiting for bankruptcy court to finish so I can collect like 28% on the dollar of what was owed. How great is that... Lesson learnt, mainstream companies don't have money. Porn companies do. WG __________________ I play with Google.

10-21-2002, 06:11 PM	#11
TDF Triple OG nigga on GFY Industry Role: Join Date: Mar 2002 Location: in the BP4L family compound Posts: 27,296	I hope its not some rinkey dinkey check...give me the moneyyyyy __________________ Sig heil

10-21-2002, 06:11 PM	#12
jimmy3way Confirmed User Join Date: Sep 2001 Location: Top Secret Hideout Posts: 2,508	No shit? I got a few thousand shares of W-com.... __________________ One thing, I forgot this last detail: the Biz Markie will always prevail.

10-21-2002, 09:14 PM	#19
dav555add Confirmed User Join Date: Jun 2001 Posts: 3,427	Hey I bought 1000 share at 7 cents each, figure if they get back from bankkruptcy I'll make money selling themat $50 in 10 years, if not, oh well. just wasted 70 bucks... just feel sorry for the people who used to work there How many of you guys are buying stock at these ridiculously low prices??? __________________ ...

10-21-2002, 05:54 PM	#2
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	lawyers will get millions, and you'll get 10 bucks and a phone card

10-21-2002, 05:56 PM	#4
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	did you own their stock or does this have to do with web900?

10-21-2002, 06:01 PM	#8
LUCL0NELY So Fucking Banned Join Date: Sep 2002 Location: AZN KLAN'S MAIN LAND Posts: 1,527	i owe worldcom 2 billions. luckily they go bankrufted and forgot all about me worldcom

10-21-2002, 06:02 PM	#9
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	I own 27,000 sshares of xoxoq and Im holding on

10-21-2002, 06:05 PM	#10
multisexsite Confirmed User Join Date: Oct 2002 Posts: 929	Trust me.. worldcom wouldnt forget anyone owing them money just because they went bankrupt.. they could sell all debts owed to them to a collection agency and pull in some quick cash.

10-21-2002, 06:42 PM	#13
pr0 rockin tha trailerpark Industry Role: Join Date: May 2001 Location: ~Coastal~ Posts: 23,088	I saw that letter sitting downstairs as well. Do i own stock in them, or did i just use their phone service?

10-21-2002, 06:46 PM	#14
playa Confirmed User Join Date: Feb 2001 Location: atlanta, GA Posts: 6,432	shit i owned bout 1k shares of MCI,, (use to work for them) i didn't know they can pay you shares,, i was just gonna write it off as a loss

10-21-2002, 07:50 PM	#15
AllisonWonderland Confirmed User Join Date: Mar 2002 Location: oHIo Posts: 248	Those letters were a mass mailing, I got 3 of them today, all addressed to 3 spelling variations of our company name. My guess is that anyone who ever had any financial dealing with them (phone service, etc.) at all got one.

10-21-2002, 08:59 PM	#18
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	anyways, when a comapny goes bankrupt, a zillion law firms file these suits in hopes of settlements. I wouldn't be the least bit suprised if you got 10 more letters from different firms