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Re: mcokpba post# 105824

Thursday, 06/07/2012 3:45:20 PM

Thursday, June 07, 2012 3:45:20 PM

Post# of 118239
Mcokpba: a comment to ponder between your next post.

How many pinks, particularly non-reporting pinks do you see file for BK. Very, very few as most don't have any assets or business that would make it worth while going in BK. Rather, they just go dormant until the shell is sold or a new business plan emerges usually in conjunction with a reverse split.

RCCH is a prime example. Except, for the shell to have value to newty or a new owner, the chill would need to be lifted.

Edit: Some also just get revoked due to inactivity, but that usually takes a long time.

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