Finjan Holdings Inc (FNJN)

[Ecomike]

If they had learned how to produce cheap quality fertilizer like they do cheap junk shares, they might have had a chance, but alas they are no better at selling enough cheap junk shares to survive (and pay off the debt) than they were at selling enough quality fertilizer to survive. Only reason this one is not BK yet, is the debt holders know the company is worthless, and want to dump shares until no one is left to buy the debt converted shares. Then they will close the doors and liquidate ant remaining assets, and take a tax loss on the remaining unpaid debt.

No one in their right mind will ever loan this CEO money again, or this company.

Caveat Emptor, Buyer beware, IMHO.