Replies to post #1620 on Destination Maternity Corp. (fka DESTQ)

[chemist72]

Sorry to say its almost all over.

DESTQ has asked the judge to dismiss its BK case. If that happens in November when the hearing is scheduled, DESTQ will then proceed to dissolve the company and have all its equity cancelled (all outstanding common shares and any outstanding preferred shares).

This will make DESTQ shares "worthless" and likely untradeable.

I would like to apologize to any of my followers who may still own DESTQ shares. This stock was always a gamble for me, and I lost everything in the end.

Was hoping for a different outcome, but that is the chance you take when buying shares in a company that is in bankruptcy proceedings.

c'est la vie