HMBN high speculative bargain 10x penny stock, now for a little time subpenny...
If secured and unsecured creditors will be paid in full, some money would remain for shareholders, now HMBN consolidated balance sheets updated at 11/30 show 0.36 $ cash money per share, mortgage loans ready for sale in an amount of 500 millions more other assets for 230 millions value, versus liabilities of 680 millions, so shareholders equity is positive for 60 millions. This could be in a range of 0.05/0.10, because HMBN could have several chance to exit from Chapter11 as stronger company if asome sset sale winding down and debt reduction will be done in the best way and at the best prices.
