Ignite Restaurant Group Inc (fka IRGTQ)

[Monte_Cristo]

Depends how profitable the restructuring is (and whether court approves the plan). If things continue to go badly (unlikely, IMO, given Mr. Billionaire's recent involvement), then we may lose it all when things have to be liquidated to pay off creditors. Other alternative is conversion into new shares. That's quite complex and can go either way. Again, the biggest factor here is Tilman's involvement. Great discount opportunity here if you got the ballocks to handle it.