Cache Inc (CACH)

[rbtree]

Bump for the facts

Here because most people prefer to deal with facts (which can be supported with links) and not bs

https://promotionstocksecrets.com/wp-content/uploads/2016/02/cachprogressreport.pdf

The latest progress report submitted to the courts by CACH for the period ending September 30, 2015

It clearly states that the assets were sold off
It clearly states that they had only $765k left in the bank at this time
It clearly states that they no longer have any physical location (office, retail store, or otherwise)
It clearly states that they only had $2.1m left in assets at this time
It clearly states that they still had over $25.6m left in liabilities at this time ($-23,461,000 in shareholder equity)


Fact is there is nothing left of CACH. Nothing to invest in. My guess is they will just abandon the shell and ignore whatever debts they couldn't pay with their last little bit of cash. Probably the SEC eventually suspends the ticker and revokes it, but if they let it sit long enough as a zombie ticker maybe in 3 or 4 years somebody will hijack the ticker and try to use it for something.

Last one out make sure to turn off the lights.


Plenty to read here for more details and facts (supported by links)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120598094


Oh and one more fact for you (supported by a link). Your billionaire wasn't listed as the holder of any stock at the time that CACH filed for bankruptcy. Guess he was smart and sold before things got ugly.

http://www.scribd.com/doc/299655152/1-B-Equity-Holders