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helraiser

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helraiser

Re: ChrisJP post# 367

Monday, 09/28/2009 10:07:45 AM

Monday, September 28, 2009 10:07:45 AM

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Actually folks, as per their latest 8-k, the outstanding stock will have no value and will be cancelled. We lose everything. In addition to that, all of the directors have been dumping their shares - read the form 4s on pinksheets.com. If this were to survive, they wouldn't be selling their shares.

Under the revised Investment Agreement and the Debtors’ Plan of Reorganization, the Company’s current outstanding common stock will have no value and will be canceled.

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6775126


Sorry for the gloomy situation, I was in the same boat and was just riding the momentum but it's time to get off this boat.
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