Replies to post #2341 on Vitalibis Inc (VCBD)

[valuestocks123]

When they filed for BK, if their products or assets any worth, their creditors would have grabbed them and shut the door on their face.

Instead, they negotiated to pull the company out of BK for a reason. Now what? Wait n Watch.

IMO, I am sure there is a plan. After all its 260 million OS and even with 2 billion AS, its peanuts compare to 99.9% of the OTC scams.

[trader59]

No, not your point... My point is they failed in the bankruptcy. Their proposal post-bankruptcy is to dump a bunch of stock, but they haven't even taken the first step to do that. I expect they don't have assets left that are worth anything, if they did the creditors would force a Chapter 7, liquidation, and shut down.

This company couldn't even get financing to finish the bankruptcy and pay their lawyers. It is no sort of investment grade company.