Par value stock has no relation to market value and , as a concept, is somewhat archaic. The par value of a share of stock is the value stated in the corporate charter below which shares of that class cannot be sold upon initial offering; the issuing company promised not to issue further shares below par value, so investors could be confident that no one else was receiving a more favorable issue price. Thus, par value is a nominal value of a security which is determined by an issuing company as a minimum price. This was far more important in unregulated equity markets than in the regulated markets that exist today.
Still think these debt holders can't buy stock below $0.0001
Think again DUDE
LMAO - these debt holdes are gonna keep this stock at this level forever, or unitl they surrender and go bankrupt
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