I just think its interesting that folks are mentioning Chap 11 or Chap 7 as if that's a possibility.
This is the reason why I'm slowly entering this one.
Once it reverse splits and has a O/S and Float near the 1M share mark, it will also have serviced a large portion of its debt to the toxic financers.
Balance sheet will get stronger, and this should pop very hard if/when the shipping sector strengthens.
Traders will seek to enter the lowest priced, lowest float stock and NEWL will be that stock, imo
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