Energy Conversion Devices, Inc. (fka ENERQ)

[Rooster6]

Look bro, this is not the first BK filing that has had that in it. Look at BGPIQ, the posted the same thing and traded for months afterward. With the same pattern as I described, a slight trend upward then a pop, and crash it was over. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65031363

And another one that is still trading today Evergreen Solar
http://epoverviews.com/articles/visitor.php?keyword=Evergreen%20Solar

Evergreen Solar Seeking Chapter 11 Reorganization (Reg. & Leg.)
Evergreen Solar
Date: 2011-08-17
Evergreen Solar, Inc. (nasdaqcm:ESLR), a manufacturer of String Ribbon7® solar power products with its proprietary silicon wafer technology, has voluntarily filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. In conjunction with the Chapter 11 filing, the Company entered into a restructuring support agreement with certain holders of more than 70% of the outstanding principal amount of the Company's 13% Convertible Senior Secured Notes, or the supporting note holders. Pursuant to the restructuring support agreement, the supporting note holders have agreed, subject to certain terms and conditions, to implement the restructuring to be effected through one or more sales of certain of the Company's assets pursuant to section 363 of the Bankruptcy Code, including the Company's String Ribbon™ wafer technology business assets.
As part of it's reorganization, the Company will reduce its U.S. and European workforce, suspend operations at its Midland, Michigan filament facility, and maintain 50 people supporting development, 10 people in administration, as well as 25 people supporting industry standard wafer development in Wuhan, China. The Company's Wuhan China manufacturing business is expected to continue, depending on market demand, while the Company engages in discussions with its investors in China regarding possible changes to that operation and its sources of financing, including the possibility of transitioning its operations to the Company's new industry standard wafer technology.

Based upon estimated values, the Company's assets are expected to be insufficient to satisfy all its obligations to its creditors. Accordingly, it is expected that no distributions will be made to holders of common stock and the common stock will be extinguished upon consummation of the Chapter 11 plan. The Company says it has the requisite funding to operate in Chapter 11 and will continue to operate but with additional operational changes necessary to continue to reduce expenses. (Source: Evergreen Solar, August, 15, 2011) Contact: Evergreen Solar, Richard G. Chleboski, VP, Strategy and Bus. Dev.,[phone]

I could keep digging and find many more but its not worth my time. These statements are simply formalities. See ya later dude and Good Luck to you