Dec 9th filed Chapter 11....stock tanked from 75 down to .25....but they tried to deflect this terrible news with claiming they were getting 45 MILLION in financing.....:
MIPIQ was just delisted from trading on the NASDAQ last week....guys this is now more than before last week a NASDAQ stock with the 45 Million imo!!!
...and it gets better....here is there AS and OS!!!!!!!!:
MIPIQ Security Details Other Company Securities Share Structure Market Value1 $3,537,566 a/o Jan 25, 2011 Shares Outstanding 25,268,327 a/o Nov 01, 2010 Float N/A Authorized Shares 100,000,000 a/o Jan 03, 2011 Par Value N/A
company filed Chapter 11 some 40 days ago, their stock price never went lower than .12!....if they didnt get this Court Approval it probably would have tanked to a penny..........thats why peeps been holding the line above a dime in case they got the approval me thinks!!
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