InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,346.99
(
-0.11%
)
US TECH 100
18,488.00
(
-0.25%
)
Dow Jones
38,798.99
(
-0.22%
)
Brent Oil
79.40
(
0.00%
)
Bitcoin
69,292.72
(
-0.02%
)
Post# of 18904
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Justfactsmam

Send PM Follow Ignore
Followers 134
Posts 7040
Boards Moderated 0
Alias Born 02/09/2012

Justfactsmam

Re: Justfactsmam post# 1843

Thursday, 07/12/2012 11:39:36 AM

Thursday, July 12, 2012 11:39:36 AM

Post# of 18904
The 8K also points to another option for Moon...buy it out of bankruptcy.

IMHO....IF USPR does not come up with $ 12days...will be forced to file bankruptcy if Duane Morris does not give more time...AS ALLUDED TO IN 8k.

That would surely tie things up for a while....who would buy the "assets" out of bankruptcy and for how much...no cash flow so would have to be Liquidation....Chapter 7.

What will happen with shareholders equity?...depends if they can get bid for property and how much.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up