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Re: truckerjoeh post# 37818

Tuesday, 06/26/2012 12:23:31 PM

Tuesday, June 26, 2012 12:23:31 PM

Post# of 92702
Here is what the news will be, "due to the unforeseen nature of the political and market conditions surrounding this sector we were unable to complete the merger and provide the accurate accounting history required to obtain reporting status. We also regret to inform shareholders that we will be filing chapter 11 bankruptcy protection in order to restructure the company."
This will of course wipe out all common shareholder interest which will allow the newly restructured company to start over with a new AS and OS and sell the shares they need to sell to satisfy the secured debt that Angel and his attorney should know will not be wiped out by the bankruptcy.
All in my humble opinion. You could say it was a dream I had, I'd say it was more like a nightmare.
For those who are bailing water, it's time to man the life boats.