Replies to post #345 on Electronic Sensor Technology Inc (ESNR)

[Fred Kadiddlehopper]

Unfortunately I don't know. There is no doubt that the shares will be rendered worthless after the company is completely discharged from bankruptcy.
-Fritz

[Lone Wolf]

Worth keeping an eye on. Reorganization plan approved 4/30 with certain investors being granted an equity stake in the company. No debt and a pretty pricey product.

Real question is what are the circumstances for determining whether the commons get canceled too. Interesting that this has no Q and that the cancelation wasn't part of the restructuring.