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sanbrunobaby

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sanbrunobaby

Re: odega post# 64781

Friday, 05/17/2013 5:12:36 PM

Friday, May 17, 2013 5:12:36 PM

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Doubt they will file bankruptcy absent motion by creditors to file an involuntary bankruptcy- there are no assets or cash flow to protect. But if CFO thinks it will protect him maybe, but a bankruptcy filing would be expensive for this company, and judge can invalidate transactions between officers and directors for the 12 months prior to the filing.
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