Protagenic Therapeutics Inc (PTIX)

[Barney Vissur]

I don't think it's Fonged, I think shareholders have been Dyned. In a bk, the debtholders obviously get preference and most of the shareholders get hosed. I think the bk filing showed 14 mill in debt and 6 mill in assets. I wonder what the tech is worth? If it has value, but it hasn't been fully brought to fruition, then the court may value it at almost nothing. However, if shareholders have been Mark Dyned, then my guess is that he's part of the noteholders/lenders, has priority and could walk away with the tech and finish screwing shareholders so he gets it all. If that's not his objective then this is D.O.A. Either way, common shareholders are screwed.

Hey, I thought there was some "lawsuit" going on? That lawsuit could have stayed the bk if it had some validity or at least thrown a monkey wrench into the works. I recall people posting or emailing share counts. How did that play out?