Replies to post #31 on Renegy Holdings (RGYH)

[lilpuppy6]

To be fair,the article i posted above concerning the delisting,stated the reasons for thier voluntary delisting,was a cost cutting measure.

Seems like they needed time to try to get their financial house in order,wiihtout the additional burden of finacial reporting requirements.

The delisting was not necessarily an automatic first step assumpton of a bankruptcy filing. This was back in 2009,and as far as I can tell,clearly they are still in business as of today,with one plant currently generating revenues.

They were at the time in 2009,and possibly still still at this moment in a financially strapped position.

I have no clue as to their current financial situation,as they are under no requirement to make that information public at this time.

I do agree though,there has been,so far, no real demand for this stock for a long time,I wonder if that will change soon,with lleg potentially doing a tranaction with them soon??