Replies to post #2888 on Skins Inc.(fka SKNNQ)

[nalaboots]

Logic, I dont believe this is it, yet. Like Faiths been saying, there are too many unanswered questions, any one of which will raise the share price. I think will we see some sort of effort for the fall. This is too wimpy of a way to go out, imho.

[Toxic Avenger]

Leaving aside the question of who would buy something like these shoes when the company was headed out of business and what they would pay for it, I would guess they'd try to find someone who specializes in closeouts to buy the entire inventory for whatever they could get. In March they had $200k in inventory and pretty much zero cash, so I doubt they're sitting on a lot. My guess is they would get less than cost. Meanwhile, they owed around $2 million to their vendors.
With the large A/P and JED owning many shares (I think) and other large shareholders, my guess is they'll try to keep at least a shell of a company going until they can get new investors. While I think this may be it for current shareholders, I'm not sure if it's "it" for the company.