Replies to post #29890 on Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[Value_Investor]

Possible for RCPIQ! Anyway it is up 8.45% today at 0.0009 x 0.0010 now! Those 82,600 shares of dirt cheap 0.0010s will be gone in the next week... The next ask is 182K-0.0013, then mere 10K-0.0025, then mere 29K-0.02!

Buck up, this hidden gem will soon explode to the Penny Land again...

[1manband]

What if RCPI would change its status to chapter 11?

It can't, as the Chapter 7 liquidation is already done.

There is absolutely nothing left to reorganize.

The stock is done. There is no chance of it ever having any value. It will be cancelled and anyone holding RCPIQ shares will lose 100% of their investment.

[Value_Investor]

Cases Demonstrate Multiple Ways to Leave Chapter 7 --- converting a CH7 to CH11!

https://www.abi.org/feed-item/cases-demonstrate-multiple-ways-to-leave-chapter-7