Replies to post #79712 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Rally Cry]

That's a comforting theory. The only problem is that the reason a company goes into bankruptcy is because they don't have enough money to pay their debts. The pecking order line begins with the company's creditors and vendors with actual shareholders standing at the end of the line. In other words, the company may well owe us money but one can't get blood out of a rock.