BioNitrogen Holdings Corp. (BIONQ)

[TFletcher]

Hold your horses, roni911, it's too soon to give up all hope.
As I have stated, you might be right and things might turn out just as you predict.
However, it is now in the hands of a bankruptcy court and the purpose of Chapter 11 is to STAY all judgments and provide the company with breathing room to reorganize the debts.
Yes, if a path forward can't be reached it will end up as you say.
But, many companies have successfully utilized Chapter 11 to save the company.
As you said in an earlier post... "time will tell."