ICSL, operting out of a modern building on the outskirts of San Antonio, employs 42 screeners full- or part-time.
You could easily miss an abnormality on the broken spot," says one ICSL cytotechnician.
He says that while his medical director holds another job with a state mental hospital, she puts in nearly full-time hours at ICSL.
On September 22, 2007, ICSL announced that its Board had approved a plan of liquidation, which it anticipated implementing following receipt of distributions with respect to its claim against the Gosman Estate.
The interim pro rata distribution received by ICSL on its allowed unsecured claim against the Gosman Chapter 7 estate represented just under 28% of the amount of its allowed unsecured claim.
ICSL intends to treat this distribution for federal income tax purposes as one of potentially two or more liquidating cash distributions to shareholders in complete liquidation of the company.
As part of the implementation of its plan of liquidation, ICSL was dissolved as of May 16, 2008, in accordance with the procedures set forth in the Delaware General Corporation Law, by the filing of a Certificate of Dissolution with the Delaware Secretary of State.
Since that date, the ICSL Board of Directors has overseen the resolution of various claims against the company, the settlement of litigation and the sale of its illiquid assets.
After settlement of all outstanding obligations to ICSL creditors, ICSL proposes to make a distribution to its stockholders of any remaining funds.
