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Re: michaelmcl post# 174

Monday, 05/22/2017 10:55:10 PM

Monday, May 22, 2017 10:55:10 PM

Post# of 3518
I'm thinking about taking a position but can someone answer a question for me? Excuse my ignorance but I've never considered taking a position in a bankrupt company because typically commons get wiped out. Sounds like HTCs offer covers all debt and fees and pays everyone off. Since there are no preferred shares out and please correct me if I'm wrong, common stock is bought out for any funds left over? I'm sure its a lot more involved than that but I'm talking basics here. Anyone?