posted March 2, 2009): Will SEBC Holdings, LP Common Units be traded on an exchange or in the “Pink Sheets”?
It is not anticipated that the SEBC Holdings, LP Common Units will be listed for trading on an exchange. It is the Trustee’s understanding that brokers may quote trades in a particular securityin the “Pink Sheets” only if a broker has filed detailed information regarding the issuer of such security with the Financial Industry Regulatory Authority. As a practical matter, such a filing requires participation by the issuer because the required information may not otherwise be available, particularly if the issuer is not a reporting issuer under the federal securities laws. SEBC Holdings does not yet exist, will only come into existence if the currently pending Third Amended Chapter 11 Plan (the “Plan”) is confirmed and becomes effective, and will not be a reporting issuer until, in all likelihood, early 2010. Accordingly, it will not be possible for SEBC Holdings LP to facilitate the filing of the information required in order for its Common Units to be listed in the Pink Sheets at its in
