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Saturday, September 14, 2019 4:25:14 PM
I have seen that happen personally to me on Global Crossing Co (old GBLX), they wiped out the commons and created new ones that the old common holder did not get any new shares. I personally lost $40,000 of my hard (blood, sweat, tears) earned money in my IRA account. They used this government controlled law trick called filling for Chapter 11 bankruptcy. While a month later they came out of bankruptcy chapter 11 and created a new stock for the same company with same business and the same employees except wiping out the old shareholder/investors. The shareholders got screwed BIG TIME. At that time this was the biggest theft in history for companies to pull this stunt using government controlled laws.
Why do you guys think I keep saying the NWS is the biggest theft today going on that is perpetrated by the our government against its citizens by stealing their hard earned dollars.
Lets hope history does not repeat itself and we let these baboons in congress commit this crime against us again.
End of Editorial
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