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harmsen

05/31/19 1:43 PM

#29736 RE: elmasry #29735

what do you mean

1manband

05/31/19 2:39 PM

#29740 RE: elmasry #29735

The company can still remain as a shell after chapter 7



No, it cannot.

Under Chapter 7, the common shares are automatically cancelled.

No exceptions. That is the law.

There is ZERO chance of this stock surviving the bankruptcy. It will be cancelled, and anyone foolish enough to buy it will lose 100% of their investment.