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toncatmad

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toncatmad

Re: New money98 post# 144226

Saturday, 05/18/2024 11:55:06 PM

Saturday, May 18, 2024 11:55:06 PM

Post# of 145306
Yes please post another Insolvent PUBCO that let go of its employees, had its BOD resigned and close its doors 6 years ago in September 2018, liquidated All of its assets for a fraction of its debt load. Then have its CUSIP suspend and its ticker symbol deleted due to the liquidations outcome that left all of its creditors impaired for about $100 mil. List just one that came back 6 years later from being liquidated in September 2018 to have its former shareholders see a recovery lol. It has never happened and it will never happen. Its Bankruptcy/Liquidation 101.
The creditors are impaired and shareholders being last in line will never receive any type of monetary recovery.
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