The "year and a half left" meme resulted from a roll-up of a corporation such as this taking a typical three years (Feb 2013 - ?? 2016). There is no such timetable in reality. It's up to the judge and the Receiver, who does not seem in the best of moods. Some of the remaining time will be given to alleged creditors filing claims. We stockholders? Bupkis, most likely. And Daic loses nine figures (ouch!)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.