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Re: ranger_7 post# 33507

Thursday, 10/27/2016 11:12:12 PM

Thursday, October 27, 2016 11:12:12 PM

Post# of 38496
It is possible that all creditors need to be paid, and all assets of the old estate distributed to the creditors, and all conditions of the POR need to be satisfied first. Maybe that hasn't happened yet. The posting of docket showing $1068 bank account balance may tell us they are about done. This stock could then drift off into Zombieland and eventually be cancelled due to inactivity. That happens all the time, just look at the FINRA Daily List every day. But the corporate shell exists, like 1manband says. ARIO filed Chap 11, and not Chap 7. Can someone pick up the shell and recapitalize it, sooner or later. Yes. You might be massively reverse split and end up with something far less than even .0001 a share. I have seen that happen. I don't want to say you have no hope, but the best you can expect is some tiny fraction of another company, with far less than you paid. You may end up with a placeholder in your account that represents your ownership in the ARIO corporate shell. I have one myself from Corus Bankshares (formerly CORSQ). My thoughts and experience only.

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