Bankruptcy is for liquidity problems... Why does everyone think it's only to get out of a contract? They couldn't pay the bills, due to the failure to produce, provide product... WITH THEIR OWN TECHNOLOGY... They didn't have the money to pay Apple and all its other creditors. NOT ENOUGH MONEY. If you think the creditors care about equity, and will give up money to help you, I think a rude awakening is coming. The creditors don't care about your money, they only care about their money.
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.