Replies to post #1984 on Ad Systems Communications Inc (fka ADSYQ)

[William Baker]

A company can go bankrupt at any time if it cannot meet its financial obligations.

What upsets me the most is that in reading the 10-Q, they knew about the litigation back in July. Yet they failed to disclose it.

I bought in August. If I had known that they were staring at a $3 million judgment, I doubt I would have bought.

[Ranger 1]

uptrend,

Any company can file for BR, even a one man show.

ASC is not only a company, it is public and very much started with multiple 10Q's filed with revenues and debt.