Replies to post #29027 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[Split T]

For sure the Directors will get new shares!


"Simple. Often times they get new shares of the reorg company while the rest of the commons get fkd."

[MasterBlastr]

Exactly. JCP is desperately blowing cash out of every hole so a clean transfer of assets can occur without getting shareholders involved. Its working.