News Focus
News Focus
Followers 91
Posts 7500
Boards Moderated 1
Alias Born 09/18/2009

Re: DTGoody post# 41346

Friday, 01/05/2024 12:02:39 PM

Friday, January 05, 2024 12:02:39 PM

Post# of 44348
Well, as peregr obviously doesn't know either, in a CH11 bankruptcy, the share structure can remain intact. That's the type of bankruptcy we filed before. We would get wiped out in a CH7 bankruptcy, and shorts would never have to buy shares, or claim the profit they made, because the transaction never closed with a buy, as I understand it.

The shares we have won't be canceled, only the ticker will change, as it did today, and it will change again, if the reorganization is successful, as I fully expect it will be. The ticker may revert to HGEN, or it could change, depending on how we are restructured.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today