They've filed twice. May 5, 2005 Chapter 11 re-organization. Also Ch 11 April 11, 2011.
My thoughts on BW...when you got in at the $5 level, his own stock was valued at over 100 million $$$. That's quite a loss. All of the other insiders have lost big time too ( approx. 90 million insider shares ), and will continue to lose as long as the common stock is parked in the shell.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.