About kevin kemper Expertise IN my 34 + years with prospective entrepreneurs aged 7 through age 77, in Canada,
Mexico and elsewhere; both directly and through my TV show and newsletter on Entrepreneurship,
have advised on: starting a business, writing a business plan, finding staff, setting compensation
plans, when to joint venture or consider a franchise, have a partnership or corporation structure,
when to start a biz vs buying. Currently tutoring individuals in S. Africa, Bangladesh, India, China, Australia and Brazil. [My incomplete book is entitled Assured Entrepreneurial Success]
Expert: kevin kemper Date: 11/9/2004 Subject: Bankrupt Stock
Question Hello:
I have had a gas & oil stock for 7 years, XCLT (XCL LTD.) In 2002 it went bankrupt. Nasdaq OTC +.013, high >029, low .011.
Is there anything that I can do to recoop my funds?
Myra Eagle
P O Box 380384
Murdock, FL 33938
Answer there are two types of bankruptcies; re-organization and
liquidation. If it was re-org, your money is
dilluted but still there. IF liquidated, there is nothing
there probably. ASK your stock broker which
situatin is true for your stock.
