News Focus
News Focus
Post# of 257257
Next 10
Followers 281
Posts 13944
Boards Moderated 1
Alias Born 09/11/2000

Re: Bio_pete post# 58904

Wednesday, 02/13/2008 4:43:21 AM

Wednesday, February 13, 2008 4:43:21 AM

Post# of 257257
One other Item showed up in the 8K filed yesterday which would account for the large drop was the following....

We believe that the Company has very few options now other than filing for bankruptcy and attempting to reorganize or to sell our assets in a bankruptcy proceeding. In such a circumstance, holders of our common stock may receive nothing for their shares.

Which means all common stock will probably be worthless and the creditors will assume all of whats left of company assets.



LOVE IS OUR SOUL PURPOSE


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today