General Motors Trading Halt Update 7/14/09

July 14, 2009 - On Friday, General Motors Corporation (GMGMQ.PK) stock was halted just after 2pm EST by FINRA. Investors and Traders seemed to be buying GMGMQ stock when they saw GM emerge from bankruptcy to form a new company.

GMGMQ trades as the old bankrupt company called " Motors Liquidation Company." The new General Motors will not IPO until atleast mid 2010 and shareholders of GMGMQ will not get any shares of that IPO.

FINRA suspended trading Friday and it is unclear whether the halt will be lifted or if the shares will be cancelled all together.

General Motors has had this statement on their website fort several weeks and also released a PR telling people to stop buying their stock because it will soon be worthless.

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General Motors Company (the "new GM") currently has no publicly traded securities. Please note that none of the publicly owned stocks or bonds issued by the former General Motors Corporation (now renamed "Motors Liquidation Company"), including its common stock formerly traded on the New York Stock Exchange under the ticker symbol "GM", are or will become securities of General Motors Company, which is an independent separate company.

http://www.gm.com/corporate/investor_information/

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