gmc energy reports that windstream is "going through a restructuring and already has deep pockets lined up" .
Of course that can be babbleshhhhit from Bates but who knows.
On the plus side we have the reverse split! LOL
Always an awful thing but when a stock has no bid at .0001 but goes to .01 then at least you can sell it at .0009 or lower ;) (as opposed to not being able to sell at all)
It will be interesting to see how this plays out.
I think something happens (who knows if it will be good or not) but here is my thinking.
Bates could have thrown in the towel many times already. Why bother continuing on? He funded this with toxics, diluted his own stock, showed up at a meeting in North Vernon to wave the bankruptcy card and buy time (and did) and stated he is working with a restructuring attorney.
While the price might never actually go up, I think this lives on in some fashion a while longer
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at