$ICLD may voluntarily file Chapter 11 bankruptcy and reorganize it's debts.
In Chapter 11 the debtor remains in control of its business operations as a debtor in possession, and is subject to the oversight and jurisdiction of the court.
Generally if the business is insolvent the bankruptcy restructuring results in the company's owners being left with nothing. This is when the company's creditors are left with ownership of the newly reorganized company.
The size of the R/S indicates this possibility / probability for $ICLD.
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