GT Advanced Technologies Inc fka GTAT

[rechnerhand]

Pretty nice .... your 1st post here?!
You're welcome!

GTAT(Q) is in a process of reorganization with the help of government because in October `14 there were more values in liabilities then in assets togehter with a huge common potential amount of liability. --> fact!

In December the company decreased its potential liabilities with a new settlement with its #1 customer Apple and at once reached a better asset position by more cash available (see news by GTATQ).
Additionally the company is in a lekker position to sale about 2.000 furnaces until end of January 2015 to underline its potential performance of being and having an alternative.
Don't forget IP for solar part!

Yes, they are in a chapter 11 process right now and it seems not unlikely that GTATQ is going to finish it in that way what chapter 11 was made for --> reorganization!
Chapter 7 would be clear but not chapter 11.
Chapter 11 gives a chance to continue with regular business, pay back the most liabilities, keep safe all workplaces and inventory ... and yes, it is also possible that creditors will get additional shares instead of cash.

But this company is far away from being dead.