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.
Could u point out in their case where it states that.
Sure, but this company has submitted their plan. And it cancels the common stock.
A reorganization could also be a good thing depending on a bunch of factors.
They filed a chapter 11 bankruptcy because they want to stay in business after reorganizing their business and finances to address loans they could not pay. It is typical for that to result in the common stock of a company being cancelled, or at the very least being severely devalued, as the "new money" financing will want a significant equity ownership stake in the company.
And it is true, it's right there in the company's plan available on PACER or Pacermonitor.
Why did they file a chapter 11 bankruptcy if that's true?
They're "up to date," alright, in bankruptcy, and with a plan submitted that cancels the common stock. There won't even be bags in accounts when that happens, 100% loss to those holding it.
They are up to date on all their necessary paperwork. Honestly the possibilities are almost limitless. Hey you never know. Im personally buying and holding.
But it doesn't have a stop sign, so it might not run %10,000!..:P
Nice finish today. I'm seeing some people talking about $VCBD on twitter also. This could be the stock of the year with the right eyes.
VCBD~CBD stock, O/S 268 million, pink current!
https://www.otcmarkets.com/stock/VCBD/security
It can become big like Gme if we buy and hold , you never know. The float is getting locked everyday.
it can be a big moass like GME..
If a short squeeze occurred maybe the mm otcx at 2.25 knows something.
market maker OTCX at 2.25 dollars!
MULTI-PENNIES IS ON THE WAY
I agree with you blue 10,20,30,40,50 is very possible with this tiny float buy and hold , $VCBD is short squeezing daily.
Nice day on yesterday. Looks like people are buying and holding. Shares are getting in strong hands maybe dollars per share ? You never know. $VCBD
nice VCBD
VCBD .006
get smaller too
VCBD~Bruce Lee's daughter uses Vitalibis products https://milled.com/bruce-lee-official-store/shannon-lee-on-vitalibis-and-cbd-tyQv3TdQE20RgTP0
tiny float possible 10, 20, 30, 40, 50 cents share price
will move Blue
Cheapest CBD stock
Reorganizing could also mean they are seeking funding from another org as well.
Good morning it is trading
Chapter 11 of the United States Bankruptcy Code permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as "Chapter 11 bankruptcy", . So Vitabilis is seems to be thinking ahead by filing a chapter 11. Interesting.
Realistically what's going on here saw unusual buying activity here? Maybe with their reorganizing the organization , just maybe something good is coming.
VCBD(.0041)~CBD stock, O/S 268 million, pink current!
https://www.otcmarkets.com/stock/VCBD/security
Bruce Lee's daughter uses Vitalibis products for well-being (https://milled.com/bruce-lee-official-store/shannon-lee-on-vitalibis-and-cbd-tyQv3TdQE20RgTP0). Vitalibis is a great company to invest in.It will skyrocket soon.
moving up is right
The company’s lawyers have petitioned to be allowed to leave, since the company hasn’t come up with the $100k of new financing and hasn’t been paying them.
Tic toc... Feb 3rd hearing.
https://www.pacermonitor.com/public/case/34727916/VITALIBIS,_INC
VCBD!! cool...that's right "blue"!, but vcbd is hot, will be the hottest play soon!!
nice pop more to come
Volume(Heavy Day) 14,128,927 Green for some I guess
The company's lawyer is asking for leave to withdraw because the company hasn't come up with new financing like they had committed to. That's very very bad...
Still no date?
NICE Green day SOLD another 250,000 at .0037
waiting for drop to buy back in
and again sorry, done selling holding rest now
sorry guys I dropped it by .0001 to sell 50k
Followers
|
52
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2347
|
Created
|
04/25/17
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |