InvestorsHub Logo
Followers 120
Posts 11029
Boards Moderated 0
Alias Born 01/20/2009

Re: None

Wednesday, 07/27/2016 12:23:53 PM

Wednesday, July 27, 2016 12:23:53 PM

Post# of 714
On July 25, 2016, the Company filed a voluntary petition for relief under the provisions of Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §§ 101 et seq. (the “Code”) in the United States Bankruptcy Court for the District of Massachusetts (the “Bankruptcy Court”). As a result of this filing, a Chapter 7 trustee will be appointed by the Bankruptcy Court and will assume control of the Company. The assets of the Company will be liquidated and claims paid in accordance with the Code.

Chapter 7... This will go to zero... Be careful