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They also said they signed a sales agreement....

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dragon52 Member Level  Sunday, 11/11/07 10:11:53 PM
Re: Hummertt post# 610
Post # of 654 
They also said they signed a sales agreement....

"...that it has entered into an agreement to sell substantially all of its assets to an affiliate of Versa Capital Management, a Philadelphia based private equity firm."

which literally means that the shares in effect could be cancelled and new shares issued for the new company; common shareholders usually get nothing in a bankruptcy.

You will have to wait and see what happens, or sell out now and walk away.

Dragon



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