InvestorsHub Logo

FFF

Followers 10
Posts 690
Boards Moderated 0
Alias Born 10/13/2008

FFF

Re: mickeybritt post# 71192

Friday, 02/25/2011 9:26:24 AM

Friday, February 25, 2011 9:26:24 AM

Post# of 83044
Mickey,

Those are all great questions. If those answers were public knowledge then pps would either be a lot higher than this or zero, depending on the results.

I am on the Equity Shareholder Committee as part of the Chapter 11 process, as is ChuckD-MSB, and we have to be careful about what we say. But bankruptcy is usually not a quick process. And per some of the court filings and shareholder updates, we are doing things to try and secure a source of financing to bring CPRKQ out of Chap 11. Right now the company doesn't have the money to make a go of this, so financing is critical. If someone comes forward with a well thought out Plan Of Reorganization (POR) AND they have financing in place to back it up, then this could be a great play. And if those 2 things don't happen then this may not be such a good play. IMO.

FFF

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.