Shares of XO Common Stock, $ 0.01 par value (the "Common Stock") are registered under Section 12(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and traded on the over-the-counter bulletin board with an average daily trading volume over the past three months of approximately 380,863 shares.There are approximately 68 record holders of shares of Common Stock.At the auction, which was held on February 12, 2004, XO was the winning bidder, and entered into an Asset Purchase Agreement, dated February 18, 2004 (the "Asset Purchase Agreement"), with Allegiance providing for a purchase price of $ 311.2 million in cash and 45,380,000 shares of Common Stock (the "Shares").The Shares represent approximately 24.95% of XO's outstanding shares of Common Stock, after giving effect to such issuance.Allegiance is a Delaware corporation, headquartered in Dallas, Texas, and has been operating its business under the protection of Chapter 11 of the Bankruptcy Code since May 14, 2003, as a debtor in possession.Allegiance's outstanding indebtedness as of December 31, 2003 consisted of approximately $ 477.8 million of senior indebtedness and $ 650 million of outstanding unsecured notes that were issued in two series.Generally it applies to those persons who have renounced nationality and citizenship in one country to become citizens or subjects of another. is a conditional matter, and to that I reply: 'You are my best friend, as you know, but if you formed a secret society and began working against the government- be it what it may- I know it is my duty to obey the government.Based on the facts (1) presented in the incoming letters dated March 22, 2004 and May 28, 2004 and (2) contained in Allegiance Telecom Inc.'s second amended disclosure statement under section 1125 of the United States Bankruptcy Code, which the United States Bankruptcy Court for the Southern District of New York approved on April 22, 2004, it is the Division's view that the exemption from Securities Act registration provided by section 1145(a) of the Bankruptcy Code would not be available for the offer and sale of XO Communication's common stock. 1145 Office of Chief Counsel Division of Corporate Finance Securities and Exchange Commission 450 Fifth Street, N. Both XO and Allegiance are national, facilities-based telecommunications service providers.
On April 22, 2004, Allegiance commenced the distribution to all Allegiance creditors and equityholders of a disclosure statement (the "Disclosure Statement") that described the Plan and the proposed distribution of the Shares.
Under European laws a people did not have the right to change allegiance without consent of their governments.
In 1868 the United States declared that it was the right of any citizen to voluntarily transfer allegiance to another government.
Great Britain provided the same opportunity for its subjects in 1870, and thereafter other European states followed similar policies.
The process of expatriationexpatriation,loss of nationality. Such loss is usually, although not necessarily, voluntary. I have heard some of my townsmen say, "I should like to have them order me out to help put down an insurrection of the slaves, or to march to Mexico--see if I would go"; and yet these very men have each, directly by their The Hudson's Bay trader was a perfect master of his business, thoroughly acquainted with the Indians he had to deal with, and held such control over them that none dared to act openly in opposition to his wishes; nay, more -- he came nigh turning the tables upon the captain, and shaking the The British navigators were, from the first, aware of the value of these islands to the purposes of commerce; and Tamaahmaah, not long after he had attained the sovereign sway, was persuaded by Vancouver, the celebrated discoverer, to acknowledge, on behalf of himself, and subjects, We, therefore, the Representatives of the United States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by the Authority of the good People of these Colonies, solemnly publish and declare, That these United Colonies are, and of Right ought to be Free and Independent States; that they are Absolved from all to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do.