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Toxic Avenger

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Toxic Avenger

Re: Toxic Avenger post# 341

Thursday, 06/09/2016 9:33:15 AM

Thursday, June 09, 2016 9:33:15 AM

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It may, but it will also wipe out shareholders, or at least greatly dilute them.
Equity is last in line behind all creditors, and as noted, there's a deep liabilities hole to be filled.

“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken

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