IF ONLY
They were allowed to go chapter 11 instead of BEING FORCED into going chapter 7.
They would still have the trade name which is still selling, they would still have the product which is still selling, they would still have the nick contract which is still in effect, they would still have the radio station, which is still in operation and they would still own Dicon which is still making money.
Looks to me that the company might have been worth saving instead of forcefully liquidated. There was definitely value there that could have been saved for the stockholder,