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Re: StockMonster100 post# 8866

Tuesday, 06/19/2018 10:11:13 PM

Tuesday, June 19, 2018 10:11:13 PM

Post# of 145907
Yes if there is no equity left after debts but this case the company initiated the court proceeding to gain some time on a temporary cash burn. They are seeking bidders though to buy them out and start clean. Creditors will be payed first from the buyout and then shareholders possibly a minimum of $0.13 or a very possible $0.37 per share imo based on the assets minus debt. You need to keep on studying and reading. The information is all available.
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