[Footstar]

Appreciate the three replies.

John

[Footstar]

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