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jjj373

05/31/18 11:44 AM

#47922 RE: aidytrader #47921

The stock. Assets - much less revenue - mean nothing.

shajandr

05/31/18 11:47 AM

#47923 RE: aidytrader #47921

Stillwaugh wants to protect his income - salary, benefits, medical, and expense account. Creditors want to keep the ticker alive as long as they can find suc ... errr ... pennyvestors willing to keep buying their CONversion shares - because even at 0.0001, a FLOORLESS COnvertible that getts a 50 or more percent discount to market PPS is guranteed a 100 percent return as long as there are buyers willing to pay at least 0.0001.

Floorless creditors don't care about PPS, only about volume to DUMP into.

Plus a bankruptcy opens the company up to Rule 2004 examination of the books AND personal and corporate DEPOSITIONS on the record under oath.

So there ya go on motivations of (1) management and (2) creditors.