Trimerica could file Chapter11 later after becoming established and recognized, like anyone else could. TECO has a problem of filing because of prior filing, if they filed the same Chapter again they most likely would have to wait eight years. No matter what is said TECO has filed Bankruptcy once. Share holders better hope stocks are not wiped out in any Bankruptcy. I don't think this is the case at hand. The reverse split sounds like Trimerica is going to work with the stock holders. Trimerica may want to reorganize at a later time. This is just my opinion... Go Trimerica.
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