World Health Alternatives, Inc.(fka WHAIQ)

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I strongly suspected that there wasn't going to be another extension of the forbearance agreement and that an important announcement was imminent. I alluded to this in my last post by using the phrase " Bollinger Band's trumpeters". The key word was trumpeters and it was very meticulously chosen because it means: " one who proclaims or announces something loudly" - according to The American College Dictionary. At the time of that post, however, I did not know with certainty that the essence of the Feb. 20 proclamation was going to be WHAI declares Chapter 11.
I concur that calculating the ultimate net to shareholders at this time, without more specifics, is an excercise in guesstimating. What are "certain liabilites" ?; how many shares outstanding?;etc., etc.
What a surprise: Capital Source Finance providing the DIP financing. They would make great dairy farmers: they milk the cow until they have extracted the very last drop.
Think if the U.S.S. WHAI were going to wind up here, A&M would have been a better captain. That is water under the bridge now. Don't jump overboard, but man the lifeboats!