InvestorsHub Logo
Followers 2
Posts 218
Boards Moderated 0
Alias Born 06/14/2010

Re: newmedman post# 4802

Thursday, 12/29/2011 2:14:20 PM

Thursday, December 29, 2011 2:14:20 PM

Post# of 4875
Don't know. I didn't do the DD on shell plays. The original court date was 1/4/12. So if someone was going to submit a reorg they would have done it by now. Unless they were going to make a plea on the 1/4/12 date or they new about the request of reschedule before it happen.

Unsure why no one try to reorg. 30million+ NOL seems to be worth it. The creditors rather get nothing than a small perentage? Seems strange. Either a creditor playing hardball or too much law suit risk.

-Y
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.