P10 Industries Inc. (PX)

[ash111]

kei,think about it,no one will invest $15m in any company if there is any risk( investment came together w/bk filing,on HUGE premium too), that's a done deal if you ask me. Sit back and wait for the $$$.

“We are announcing another significant milestone in our evolution today,” Mark Ascolese, president and CEO of P10, said in the March 22 announcement. “After an extensive search, we have found an investor who shares our vision of the future and is willing to commit capital to help us successfully implement our new strategy. We believe that we can emerge from protection under the Federal Bankruptcy Code via a pre-packaged plan in a matter of weeks and thus protect and preserve value for current shareholders.”

We already have seen a 2 weeks bk, PIOI on much better shape(already Zero Debt) http://www.oilandgas360.com/southcross-holdings-exit-bankruptcy-two-weeks-filing/
They already worked out deals or paid off all creditors, so everything has been agreed upon prior to the BK filing except for the lease