InvestorsHub Logo
icon url

gophie 17

08/23/12 7:21 PM

#202665 RE: Basser1 #202663

I agree that the stockholders are not going to see anything, BUT where are they getting these products to sell?

I would tend to think, that if some of these products were in fact made prior to the bankrupcy proceedings and someone affiliated with the company, put some in storage somewhere than this could get to be a rather sticky situation with the bankrupcy court and the creditors.

I believe that if in fact these products were in fact made and stored before the bankrupcy filing, then these products are considered an asset for the court to sell to get some of the money back to the creditors.

I would hedge to bet that someone had some product in their garage or basement, otherwise where was it and how could they come up with it in such a short period of time?

JMHO