I think I already answered that one, too: #msg-28732474
Posted by: The Cap'm In reply to: dejavu alloveragain who wrote msg# 157 Date:4/23/2008 2:26:56 PM Post #of 280
these are good questions. the basic idea of a RM with a bankrupt co with current liabilities, this is not a blank check shell here.
i wonder if the whole idea was to generate a one day wonder -- for some old debt holder (who got shares of the soon-to-be-cancelled shares in exchange for wiping their debt) -- to sell into?