Green Energy Enterprises Inc. (GYOG)

[Investman432]

I agree - a swap has no impact on the assets of QASP available to its creditors (who in reality own the company, since its insolvent) - hence no ability to claim fraudulent conveyance.

A swap has the side benefit of forcing naked short sellers to cover their position. There's a chance we'll see a bona fide short squeeze as short sellers are caught with their pants down. Grab some popcorn, this could be fun to watch. FYI, I have no idea the extent if any of naked shorting, which is incredibly bad risk/return game for penny stocks versus debt swap share dumps and other ways to milk the herd of cows that enjoy losing their money in penny stocks.

BTW, anyone troubled by the FBI sweep of Online Poker companies yesterday. They are shocked there is illegal gambling online by consenting adults that competes with the non-illegal gambling in casinos, race tracks, bingo halls, Indian reservations, and every corner bodega selling lottery tickets. There is nothing like having the government put your competition out of business. Unless the government can prove the proprietors were cheating the players, I think there's a good chance this case falls apart at the Supreme Court.