Commodore / Nedfield / Tulip Bankrupt

[administrator]

On a thread in this forum relating to Tulip/Nefield not getting paid for its sale of Commodore to YMV in 2004, "K.C." provided a Dutch only press release stating the Nedfield has officially gone into Bankruptcy.

In the summer of 2009, Nedfield apparently regained control of Commodore and even though C= stock is still trading at about one cent on http://www.pinksheets.com/pink/quote/qu ... ymbol=cdrl I think we can state that Commodore is dead again.

If anyone has knowledge of what is going on at Commodore Nefield/Tulip, please post your information here or send me an email and I will post it anonomously.

To keep a record of what is likely to go off into oblivion, below is an English translation of the two relavant Nedfield press releases:
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http://www.tulip.com/Default.aspx?cms=6 ... =2&art=232
Bankruptcy Nedfield plc and Nedfield holding company Ltd
Provisional suspension of payment Nedfield converted into bankruptcy

Thorn, 03 September 2009
On 29 June 2009 requested provisional suspension of payment by Nedfield plc and Nedfield holding company Ltd is on 3 September 2009 by the court in Utrecht, converted into a bankruptcy.
Former of the Mr. Groenewegen has been appointed by the court as curator. Moreover the cooling period has been extended with a period of 2 months, as a result of which continue the cooling period up to 03 November 2009.

The consequences as a result of this pronouncement are at this moment not yet valuing Nedfield in. As soon as clarity there is more, Nedfield this will communicate by means of a press bulletin.

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Nedfield request suspension of payment
Nedfield cancel planned BAvA of 30 June

Thorn, 29 June 2009
Nedfield N.V (Nedfield) have today requested 29 June 2009 suspension of payment at the court in Utrecht for both themselves and for its subsidiary company Nedfield holding company LTD the court has granted then provisional suspension of payment and of the appointed.
Nedfield want its shareholders inform that the planned extraordinary meeting of shareholders, who it has been planned for morning 30 June 2009 is to come expire. As soon as clarity there is more, Nedfield will make this confessed.