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Drugdoctor

05/11/19 10:09 AM

#346 RE: SC777 #345

Well, good luck... I may day trade it, but I wouldn't hold shares overnight, as the CH 11 seems certain to me... This is the biggy...


the entry by the Company into a restructuring support agreement with the Ad Hoc Group of Term Lenders by May 17, 2019, pursuant to which the Company is required to pursue a sale of all or substantially all of the assets of the Company pursuant to section 363 of the Bankruptcy Code and commence voluntary chapter 11 cases by no later than June 3, 2019

I seriously doubt there will be any magic reversal in 1 week now... But time will tell...