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Wednesday, 04/07/2021 9:31:18 PM

Wednesday, April 07, 2021 9:31:18 PM

Post# of 35337
Some hard life lessons thanks to this company. Now we see the final act. My previous chapter 11 experience was with P.C.I. I left before the final 'sell the furniture' closing and was just a former employee. Same situation with J.A.M., Visual InSietz and elementK. I should know the drill by now, but this debacle is the first one that I rode into the ground.

With Torvec it seems certain that they will not get back into business or partner with anyone. So what happens to the patents? Auction or part of a settlement for 'prime' stockholders? When will the final dissolve of every thing related to this company happen? I think chapter 11 goes to chapter 7 and then it is completely shutdown and the stock ceases to exist in the markets. Is that correct?

Unless the rules changed again, I think the next thing for common stockholders is, add up the price per share investments over the decades and your accountant writes it off next year or years. Nothing else can be done with this dead horse.

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