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Re: Strategyone post# 27426

Thursday, 09/08/2016 7:31:01 PM

Thursday, September 08, 2016 7:31:01 PM

Post# of 36208
Yeah, but again, chapter 11 is still a form of bankruptcy and all immediate debts must be satisfied before commons see anything. Otherwise, we will be wiped and equity will be passed onto creditors in lieu of outstanding debts. I see what you mean though, chapter 11 is a protective time buy for the company's s*** hole of a situation whilst chapter 7 is a death sentence. Still, chances of equity recovering are slim. I am hopeful, but it is what it is, and we should treat the situation as such. I see too many on these forums claiming definitively that we will recover and that is just outlandish bull. Glta
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