Boxed Inc (fka BOXDQ)

[Renee]

I extend my sincere condolences for your $15K loss. It reinforces the necessity to study U.S. Bankruptcy Laws when owning stock in a public company in bankruptcy. Then it is equally imperative to study the bankrupt company's PLAN, either Reorganization or Liquidation, to know if there will be any intended distribution to common shareholders. Then CASH OUT when one learns the equity will be cancelled. Some recovered money is better than a 100% loss.

I'll use Bed Bath and Beyond as a classic example of shareholders not accepting that ALL classes of equity will be cancelled as per the company's PLAN and in 8K's. Approximately 800 million common shares will IMMINENTLY be cancelled yet the stock still trades around 20 cents. When the BK Judge cancels the equity all shareholders will lose the entirety of their investment. Unfortunately, I-Hub posters either can't or won't accept that stark reality.