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Re: CerealManStocks post# 310

Thursday, 03/19/2015 4:24:17 PM

Thursday, March 19, 2015 4:24:17 PM

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AtheroNova has filed for Chapter 11, and while they are in this process, waiting for direction from the court, business continues as usual. Keep in mind the company had to have a plan in hand before filing Chapter 11. It is a re-structuring process.
Hopefully the news will be good by the end of the second quarter for Phase 1b, and the final top line wording from Phase I.

You may like to read about the Chapter 11 procedure:

http://bankruptcy.findlaw.com/chapter-13/chapter-11-bankruptcy.html
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