JCPNQ Hired Liability Lawyers - Only Do This if Committed Wrong-doing or Similar
1) JCPNQ having a hard time making aa deal
2) JCPNQ now income positive and 400M better than plan
3) JCPNQ now sitting on close to 1.6B in cash
4) JCPNQ Online business valued a zero in Bk plan and should easily show value of 1.5B to 3B especially during new COVID era
5) JCPNQ credit card business valued at almost zero which is another 300M annually
6) Looks to me the best way out is to include equity in a complete sale
7) At worst, JCPNQ should ask Bk court for a graceful exit and continue business as normal then after Bk exit apply to NASDAQ for resisting of current stock which would trade between $2.00 and $6.00 a share in my view
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