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Re: SULAX post# 17951

Tuesday, 01/12/2010 10:02:18 AM

Tuesday, January 12, 2010 10:02:18 AM

Post# of 35337
If the stock drops so low it becomes worthless as a currency, the company, IMO, will just buy back all the shares and go private or go bankrupt to shed its creditors. I think the latter is probably less likely considering they don't owe very much...they can probably get out of the Mt Read lease since they know the owner...what else do they have?

I think the company will try to avoid this because it really will be a mess for them...shareholders will revolt...lawsuits galore.

Let's hope they can get some sort of bridge funding in the form of a small deal to keep this puppy going...
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