InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,741.31
(
0.63%
)
US TECH 100
19,523.60
(
0.88%
)
Dow Jones
42,097.70
(
0.80%
)
Brent Oil
73.22
(
-1.07%
)
Bitcoin
69,886.54
(
-0.46%
)
Post# of 35633
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

spoiler

Send PM Follow Ignore
Followers 0
Posts 35
Boards Moderated 0
Alias Born 08/26/2008

spoiler

Re: rocketeer357 post# 35187

Tuesday, 03/29/2011 1:56:18 PM

Tuesday, March 29, 2011 1:56:18 PM

Post# of 35633
Even supposing that there is anything to reorganize so there could be an Chapter 11 reorganization which there is not, stockholders are wiped out. To file for Ch. 11 someone has to swear the financials are true and given the fraud no one with any knowledge could do so. Also their tax returns would have to be current. Besides CSMG does have any money to pay their atty's a retainer before nor could they do any plan that doesn't wipe out their NOL.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

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.

Sign Up