InvestorsHub Logo
Post# of 252337
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 252337
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


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.