InvestorsHub Logo
Followers 0
Posts 172
Boards Moderated 0
Alias Born 08/31/2009

Re: RDG013 post# 67202

Friday, 09/10/2010 12:41:14 AM

Friday, September 10, 2010 12:41:14 AM

Post# of 83044
RDG,

I think the courts are going to give CPRK a hard look as they are duty bound to do so; however, the bottom line is that CPRK has no track record of production or profitability. Emergency funding will continue in small amounts as to protect CPRK assets, but I do not see the courts approving funding for operations. Chapter 7 is coming--just a matter of time. Nothing happens quickly in BK, but I don't see a judge playing with more investors, employees etc. lives by putting this train wreck back into business. I respect you RDG, you have been fair, but you need to think this through.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.