Home > Boards > US OTC > Delisted > Armada Oil Inc. (fka AOILQ)

$3,486,664 debt has become immediately due and payable

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Value_Investor   Thursday, 10/22/15 11:10:31 PM
Re: wshaw14 post# 682
Post # of 712 
$3,486,664 debt has become immediately due and payable as a result of the filing of the Chapter 7 Cases. Therefore nothing is left to the company and its common shareholders! I'm wondering if AOILQ will follow its Q peer (VIICQ) to decline to 0.0002 very soon... Anyway today is the second session for AOILQ to hit the new low 0.001! 0.0005 tomorrow or next week? Why the trading volumes have been such low after the huge negative event --- CH7 Bankruptcy? CH7 is a very bad news for AOILQ! When will be the next key date in this CH7 Bankruptcy case? TIA!





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