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DewDiligence

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DewDiligence

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Re: microcapfun post# 70099

Sunday, 12/14/2008 2:37:00 AM

Sunday, December 14, 2008 2:37:00 AM

Post# of 257580
>INGN – How in the world can declaring bankruptcy be good for shareholders who will lose whatever they have left of their investment!?<

Well, the PR did say, “…the company believes today’s actions represent the wisest alternative for our shareholders, creditors and other stakeholders…”

Who, exactly, are these “other stakeholders?” The former executive officers who are now “consultants” to the company during the reorganization.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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