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Re: wayne49 post# 161

Wednesday, 10/10/2018 6:48:30 PM

Wednesday, October 10, 2018 6:48:30 PM

Post# of 173
Before any consideration to buying or holding Preferred or Common shares of any public company in bankruptcy it is imperative to wait for and thoroughly understand the Reorganization PLAN. The PLAN should suggest or state categorically the outcomes for all classes of shares.

In most instances upon finalized reorganization all classes of shares are cancelled, so the company would need to affirm survival of specific claases of shares before buying or holding any shares.

Wait for the PLAN.

To bite the worm of incite is to bite the HOOK of the antagonist . They win .

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