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Monday, March 26, 2018 3:26:31 PM
So they're in a net liability position, which of course would normally mean bankruptcy filing, but with no assets to collect and no management to file, that's not likely to happen.
The price is far below $.0857, but I wouldn't buy at $.0001 as the stock is effectively worthless.
Best of luck though.
P.S. - you're right about management not changing and becoming shareholder friendly. They didn't become wealthy by being fair. Where I think you're wrong is thinking that any U.S. court will compel anything from them. It's dead money IMHO.
"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.
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