Replies to post #1253 on The Bon-Ton Stores Inc. (BONTQ)

[surfkast]

Learn to do better DD on bankruptcy??????????????

[1manband]

I suggest you read the actual legal filings instead of listening to unfounded and non-factual rumors.

BONTQ sold all their assets through the Federal bankruptcy court. They are all gone. There is nothing but about a billion dollars in debt that cannot be repaid. Therefore, the bankruptcy court will dismiss the remaining unpaid debt and cancel the equity (common shares) upon conclusion of the bankruptcy.

All this information is publicly available to anyone for free. There is a damn good reason why the stock was trading for $0.002 last week - the street KNOWS the stock is worthless and will be cancelled, and the stock price reflected that fact.

The stock is going to be cancelled without any payment to shareholders. The "revival" of Bon-Ton is by the NEW OWNERS, and does not involve BONTQ in any way whatsoever. Anyone left holding BONTQ shares upon the conclusion of the bankruptcy will lose 100% of their investment, guaranteed.