Rand Logistics Inc fka RLOGQ

[Power of Emouna]

Investors should understand that existing shares of common stock in a company filing for Chapter 11 usually are cancelled, even if the company emerges and returns to profitability. Also, keep in mind that stockholders will not receive dividends during a bankruptcy proceeding.

Common stock usually becomes diluted during bankruptcy, at best, but you maybe able to exchange your old shares for new shares in the reorganized company. These new shares, however, likely will be fewer in number and lower in value. If a company is determined by the court to be insolvent, stockholders may not get anything after bankruptcy. In any event, investors' rights will be explained in the reorganization plan.


If the reorganized company has $4.0 billion dollars in assets don't you think the exchanged shares will be worth
more then RLOG shares? Food for thoughts!!! $RLOG

http://bankruptcy.findlaw.com/chapter-13/corporate-bankruptcy-what-every-investor-should-know.html