InvestorsHub Logo
Followers 31
Posts 1923
Boards Moderated 0
Alias Born 10/22/2013

Re: None

Monday, 07/25/2016 12:10:32 PM

Monday, July 25, 2016 12:10:32 PM

Post# of 715
Bankruptcy Chapter 7 .... Over and Out
On July 25, 2016, the Company filed a voluntary petition for relief under the provisions of Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §§ 101 et seq. (the “Code”) in the United States Bankruptcy Court for the District of Massachusetts (the “Bankruptcy Court”). As a result of this filing, a Chapter 7 trustee will be appointed by the Bankruptcy Court and will assume control of the Company. The assets of the Company will be liquidated and claims paid in accordance with the Code.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.