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Re: carbonfiltered post# 4379

Tuesday, 04/16/2019 10:57:43 AM

Tuesday, April 16, 2019 10:57:43 AM

Post# of 4540
Kinda what I was thinking as well. It seems like the chapter 11 is an easier way for them to restructure and get out of debt faster. Shitty, but probably made the most sense to those making the decision. All we can do is hope that the judge will not allow them to cancel the commons, if they don't we are golden. I was reading in there somewhere about specifics on the substantial shareholders and it sounding like there was limitations that the company could do in regards to adding new shares or something like that. I was pressed for time reading it and it started to get way to lawyery for me.
anyways fingers crossed

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