I don't believe their going the nuke all shareholders option, but panic will set it and shares are going to plummet. So people that are shorting (you know who you are) will make a killing. I was lucky and resold at 0.0010 the batch I bought yesterday, I don't mind watching it plummet like a stone, letting the dust seattle and rebuy. So I lost 200 bucks, big whoop, I have tons of shares at a penny that I'll let rid.
I just didn't have access to those shares to sell before the BK was posted on this board and it went to .0005. Either the company comes back and I've lost nothing or it goes south and I have a VERY light tax bill this year. Since I took the second job, not so bad.
Not that I wish this didn't happen but I would like to see more info from the company as this goes. Telling investors things are okay then filing for BK the next day does not make ANYONE like you.
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