Yes its possible...but not without Custom API development.
You can also look at Dispatch add in. It cad help you on file or folder structure automation operations you can trigger it on change state operations.
Examples avaiable on the EPDM Instalation Disk at
Dispatch is quite capable, but gives annoying errors, when used as part of workflow (SPR# 631225)... API program could solve this with ease...
We do have this accomplished with API and a subpart of our add-in. Please contact me for more information.