HydroPhi Technologies Group Inc. (fka HPTG)

[greenmachine2]

10-K Q1 2015: "As such we also risk the fact that our creditors may seek action for repayment with the result that we may have to seek bankruptcy protection."

I am running to all sorts of scenarios a lot of cd is also owned by the big stakeholders. Going to court and filing for bankruptcy means losing the kapital of their shares with no chance of regaining their investment.

The licencyholders without any doubt also have invested a lot. They too don't like the idea of taking a loss. If that was the case Europe wouldn't be stuck with the Greek dept.

I've Googled: How does bankruptcy protection work? Got info about how a bankruptcy works from a site of a lawfirm. With bankruptcy you can get rid of creditcard deficit but not for instance the tax office.

The trade balance of the company is worrying but I suspect the big investors or licencyholders or maybe even an angel investor with a big appetite for risk are willing for handing out a helping hand if in a not-too-distant future there is decent order.

It's sit and suffer time for us stockholders.