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Re: None

Wednesday, 05/19/2010 11:46:10 PM

Wednesday, May 19, 2010 11:46:10 PM

Post# of 83044
Well Chapter 11 sure sucks but I suppose it was due.

You can't secure financing without Revenues and 1 Bil shares diluted at .002 would only have raised 2 mil in Revenue.

Hardly enough for compliance let alone Operating costs.

Without a Chapter 11 Billions would of had to be diluted or a large Reverse Split would have occurred.

Both would have sent the stock price reeling which would have even multiplied dilution requirements.

C 11 does protect the assets and maybe even claims and has the feighnt chance the company can restructure and emerge from C 11.

We could still drop lower tommorrow.

To angry and disappointed to say more.

eye

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