Disco & Pray,
This is one time I agree with Wall Street.
This is all said and done. There will be no relisting, and there is no additional income coming in. The US sale of all the US assets was completed in Sept, and the China sale which included all of the China assets finished up on Dec 6th.
Basically now all that's left is for the monies to be collected from the sales. There was actually extra on the US side for some extra lil hogs they had, no idea as to how much. They have been and will continue to figure out which of the claims are valid and which are not. Pay the good one's, pay the attorneys, give the class action a "small" negotiated handout, and then the rest will be divided amongst the shareholders.
Once this has all been completed, then if it is decided, they will then go after the insurance and BOD and past mgt, or anyone that could possibly bring monies back in. Which would then be split amongst the shareholders and probably class action group as well.
It's a simple assessment, but overall pretty accurate.
I'm sure someone hint hint will come on and bash the above, but I could care less. As someone else stated, he is just trying to scare you out of your shares. And it seems to be working since shares are trading. I have no idea as to why anyone would sell now. Were a month or two from collecting most likely at least a 100% move from here, why not wait?
Anyone really think small investors are picking up this 350,000 share count today. Nope, it's the bigger boys. And why are they doing it, cause they are smarter than us. At least smarter than those who are selling.
Hold tight, don't give in to their tactics.
