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LCLiving

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LCLiving

Re: Macatak post# 22203

Monday, 06/22/2009 6:21:26 PM

Monday, June 22, 2009 6:21:26 PM

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Mac, When a BK company has more liabilities than assets, which is the opposite of our case, shares can be wiped out. In that case, the reorganized company sells new shares to recapitalize the company.
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