Replies to post #80275 on Grupo Resilient International Inc (GRUI)

[gcanderheggen]

Would it protect the preferred shares if the company went chapter 11 or 7? geo

[rudy-carter]

gcanderheggen

I have to agree with another poster - the conversion was probably known by the new owner - Maybe he has been buying all the shares - cause we kept asking who was buying?

Having the P shrs maybe the only way to get value from the company - I suspect with a change in ownership comes a massive R/S and a symbol change

"time will tell" for those of us left with shares of some sort

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I own common of JPM - noticed the CEO just bought perferred of JPM at > $834 pps - just to dream....