Yes, the buyout/merger is a fable, but BK appears to be the same.
This company looks like it will limp along forever, never operating again, never reporting financials to the SEC again, never doing ANYTHING except maybe selling a license agreement here and there.
I've seen good companies file for bankruptcy while they still had shareholder equity and I've seen bad companies like Radient stagger on forever. Makes you wonder.
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.