$Rig's Platinum Penny Alerts

[Billybob_TX]

$AFIIQ .27 old $AFI looks to be a going concern when it leaves BK:

https://lancasteronline.com/news/armstrong-flooring-extends-bid-deadline-for-its-assets/article_b30973b6-ec25-11ec-b4e1-2bd549dab393.html

President and CEO Michel Vermette wrote to some employees Tuesday morning that there was “positive momentum.” “We have received a number of proposals to acquire all of various parts of our business as a going concern,” Vermette wrote. “These potential ‘going concern buyers’ want to acquire – and operate - substantially all of our U.S. and non-U.S. business and assets. While we cannot share the value of the proposals or the names of the potential buyers, we want to share our enthusiasm for this positive momentum.”
A going concern means a buyer would continue to operate the business rather than close it and sell off its assets. Vermette said the prospective buyers are working “diligently” on their qualified binding bids and asked for additional time.