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Re: None

Friday, 09/23/2016 1:59:34 PM

Friday, September 23, 2016 1:59:34 PM

Post# of 85493
XNNHQ --- I don't have the resources at the moment to list the details and names, but if you research the main board members of Xenonics, only 1 of 6 has changed their place of employment on Linkdin since march. Even their investor relations specialist seems to still be actively employed. That's what I like about this play. Xenonics announced a chapter 7 bankruptcy in March which took this stock from what was once a .40 play to trips. Had there actually been a chapter 7 filed, all of their assets would have been frozen immediately including outstanding shares of the company itself. Under no circumstances does a voluntary chapter 7 bankruptcy result in a "Q" added to a ticker symbol. This makes me believe that the company is quietly restructuring assets, and the fact that they announced this chapter 7 which would have no effect but to do exactly what it did and plummet the stock value, only makes that theory more logical. Seems to me like someone wanted to devalue shares in the process of restructuring the O/S / float. If that's the case, and this is one of the 10 percent of cases where a publicly traded company successfully restructures after threat of bankruptcy, and the Q is actually removed from this ticker when normal operations resume, this ticker WILL make myself and other investors a LOT of money. <----------- All of this is nothing but my personal opinion.

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