Well it is very interesting that you cannot buy any shares even though it is trading. So, all the trading is probably MM's closing out their shorts.
Yes, there is a HUGE insider trading and class action lawsuit that can be filed. First, the deceptive announcement of bad news implying that things were bad but life goes on- then at the end of the same day, a Chapter 11 announcement.
12 million shares traded after hours on that day.
No capability to buy or sell shares even though this is trading on the pinks or greys or wherever it is trading.
A rich history of the TSX being the most corrupt and known hoster of scam stocks in the world.
After the short positions are closed, we should know if MDW will come back. However, it will probably just roll over into Chapter 7 liquidation. And that will be to launch the assets to four corners of the universe to make a clawback or lawsuit financially non-viable.
Probably the biggest crook of all went to Luna Gold to perpetuate book cooking over there.
I lost some money here but nowhere near what people must have lost if they didn't get out since September of last year or so- waiting for the upswing in Gold which never came.
