GTAT Attorneys -
October 2014 -
"I want to convey to all shareholders and creditors that the company feels terrible about that loss of value and will work every day to recover that value," he said.
"That's an aspirational statement, not a guarantee."
July 2015 -
“Although the debtors are doing everything in their power to maximize returns to parties in interest, the idea that there will be any value for equity in these chapter 11 cases is at best, based on the debtors’ current financial condition, far-fetched,” the company added.
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This doesn't sound all that great to this long.
The other part that bothers me is some think because this possible EC only owns .16% of total shares they should not have a voice. People lost their livelihoods on less shares than this amount I am sure. If you bought 10k shares right before the bk you could easily be out $150,000.
Again I agree with Anotheronedown.
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