Replies to post #106478 on Protagenic Therapeutics Inc. (PTIX)

[doctor11]

Thanks for the excellent response. That's what I thought, just did not have the facts to support it.

[cutty1]

well said my frend.

[hot-penguin]

Further, there is a confidentiality portion to sharing that information, and no client would EVER, EVER receive info that they are going to file bankruptcy prior to the news being released.

Exactly, and that is exactly what i said yesterday. No way in a billion years did they send out letters to their clients telling them they are planning to go bk. NO WAY AT ALL. Can you say "certain jail time".

[RSPennyStocks]

Very nice and 110% agree.

[budbear]

I believe it is possible in certain circumstances to inform clients or those who one intends to deal with that a bankruptcy may occur, such as a letter of intent.

While a different circumstance the link below shows that feelers may be put out for various reasons. Nobody here is sure of the reasons or plan thus cannot make a determination as to the legality of what may or may not be coming down the pike.

http://www.milbank.com/images/content/5/9/595/010510Global_Asset_Capital_LLC_v_Rubicon_US_Reit.pdf