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Re: 2014trader post# 29602

Thursday, 04/08/2021 12:48:48 PM

Thursday, April 08, 2021 12:48:48 PM

Post# of 29669
It's a pure gamble.
Previously GL Brands, Inc. (the “Company”) filed a Bankruptcy Plan of Reorganization under which the Company’s incumbent shares would all be canceled, the incumbent shareholders would lose all interest in the Company and new equity would be issued in the reorganized Company in exchange for cash payments to the Company approved by the Court through the Plan of Reorganization.

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