InvestorsHub Logo
Followers 6
Posts 555
Boards Moderated 0
Alias Born 09/19/2014

Re: penknee post# 27552

Wednesday, 09/14/2016 12:00:14 PM

Wednesday, September 14, 2016 12:00:14 PM

Post# of 36208
For those of you who think (or feel) that common stock can't or won't be
cancelled because it's a Chapter 11 (and not a chapter 7)...

May I humbly suggest that you all go back and look VERY CAREFULLY
at what happened to Paul Allen's Charter Communications company
when it filed for Chapter 11 back in 2009...

Same basic scenario... heavy debt, Chapter 11 -reorg- company
re-emerged - Paul Allen at the helm, common stock cancelled -
common stock shareholders completely screwed!








Join InvestorsHub

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.