modeljc

Appreciate the three replies. John

Looks like Footstar has approx. $1.76 left to pay out and is trading for $1.00. 4.3 million shares have traded since the May 5th 2009 $2.00 distribution or approx. 20% of the shares outstanding. When you read the following you wonder if the new owners of this stock will receive the final distribution. Form 8-K for FOOTSTAR INC 5-May-2009 Other Events Item 8.01. Other Events. On May 5, 2009, a Special Meeting of shareholders of Footstar, Inc. (the "Company") was held at the Company's headquarters at 933 MacArthur Boulevard, Mahwah, New Jersey 07430. At the Special Meeting, the Company's shareholders adopted and approved a plan of complete dissolution and liquidation of the Company as outlined in the Company's definitive proxy statement which was filed with the Securities and Exchange Commission on April 6, 2009 (the "Plan"). Also on May 5, 2009, the Company filed a Certificate of Dissolution with the Secretary of State of Delaware. As of the close of business on May 5, 2009, the Company is closing its stock transfer books and will no longer record transfers of shares of its common stock (the "Final Record Date"). Certificates representing shares of the Company's common stock are not assignable or transferable on the books of the Company after May 5, 2009 except by will, intestate, succession or operation of law. From and after May 5, 2009, and subject to applicable law, each holder of the Company's common stock will have the right to receive distributions pursuant to, and in accordance with, the Plan until the final liquidation distribution is made. The previously declared $2.00 per common share cash distribution will be paid on May 6, 2009 to holders of record at the close of business on April 30, 2009. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Does anybody know if NEW owners of this stock will receive any distributions? Thanks, John