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1manband

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1manband

Re: stockdawg44 post# 105

Saturday, 01/18/2020 11:28:57 PM

Saturday, January 18, 2020 11:28:57 PM

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The stock is worthless. The Stalking Horse offer is only for their Taylor Express Unit, and only for $14.5 million. That wouldn't even cover their initial costs of their bankruptcy lawyers. A pittance.

https://www.wsj.com/articles/luminus-offers-14-5-million-for-bankrupt-celadons-taylor-express-11579293636

CGIPQ shareholders will not receive anything in the bankruptcy, and anyone holding the stock will lose 100% of their investment.
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