BioNitrogen Holdings Corp. (BIONQ)

[Richard2112]

Swikey, they are looking for money...

http://www.bizjournals.com/southflorida/news/2015/11/04/bionitrogen-holdings-files-chapter-11-bankruptcy.html

Miami attorney Robert Charbonneau, who is teaming with Jacqueline Calderin to represent BioNitrogen and its six affiliates in bankruptcy court, said the company intends to restructure its debt and leverage the significant value of its intellectual property. The Annon Consulting loan used its intellectual property as collateral.

“The idea is to find new money or a venture partner and exit bankruptcy as quickly as possible,” Charbonneau said.