This would still mean current shareholders shares will be worthless, correct?
Is there any plausible scenario that current shares will have some value?
>>do they get the 11 dismissed---convert their 7 to an 11---if so, get >>Debtor-in-possession financing from somewhere to continue the path to FDA >>approval--and emerge from BK a reorganized, recapitalized company?
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.