Blackridge Technology Intl. Inc. (fka BRTI)

[buccaneer1961]

according to the bk filings blackridge is a 'debtor in possession' defined as this: A debtor in possession (DIP) is a person or corporation that has filed for Chapter 11 bankruptcy protection but still holds property to which creditors have a legal claim under a lien or other security interest. Debtor in possession (DIP) is typically a transitional stage in which the debtor attempts to salvage value from assets after bankruptcy.
Debtor in Possession (DIP) Definition
http://investopedia.com/terms/d/debtorinpossession.asp
http://investopedia.com/terms/d/debtorinpossession.asp

notice the last part where it says:transitional stage which attempts to salvage value from assets after bk....how exactly might it play out? wonder if commons will be saved ?? this is intresting