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trader59

08/22/19 10:06 PM

#82944 RE: Longstrongsilver #82942

The "hard lesson" that will be learned will be that when companies are in bankruptcy, have their assets liquidated, and don't have the cash to pay their debts (in fact, the debt is barely touched), they wind up getting dissolved at the conclusion of the proceedings. Every time. There might be a flip or 2 if the fairy tales are good enough, but unlike most OTC "plays," there won't be bags or a company left over that might be pumped again one day. It'll all just disappear from shareholders' accounts.

Chapters of the "hard lesson" include:

1. When a monitor or trustee tells shareholders "we don't think you're getting anything," then follow it up with "we were right, you're getting nothing," they're not just messing with you.
2. When a judge issues an order that says "sell this stuff," it is followed.
3. In bankruptcy proceedings, there are no deals made outside the courts' control and approval, and especially not deals so lucrative they'd pay all the debt with money left over.
4. In bankruptcy proceedings, everything is documented clearly and directly. Monitors/trustees and judges don't hide little hints and clues for OTC detectives to find leading to the real deal that happened.