OK please listen up:
#1-Filing does not mean approved
#2-Liquidation of officers, who cares, let them go
#3-Trustee assumes control of the company.
Several heads are better than one. I'm not saying GNTA isn't toast. I'm just saying, there are some additional factors to consider here. A friend of mine filed for bankruptcy once years ago, and it was not approved. A judge has to approve this. Also, has anyone been able to get in contact with the company.
If a trustee assumes control of the company, does anyone know what happens from there. I'd like to start up a discussion this weekend with possible scenarios. Kind of important to remember too, that all these things take TIME. Some of you who have lost money here might make a little money on Monday from a slight run, I'm just saying, it's possible.
Any legal folks in here, who can shed some light on the subject. This stock will be traded until legal decisions are made, I can promise you that, and though it appears to be tanked, it might not be. Anyone out there have some thoughts? Especially those with some legal background?
