anybody wants to hold FMXI, I strongly rcommend buying the bondsstocks are toast
Good luck on the bonds-they are probably worthless. Just my opinion but if this stock goes bankrupt the bonds will be toast too.
wrongthe stocks are toast, Bondholders will own the companyor what is left of it
I had the same with GX, bought gigantic amount and we received new stocks in GLBC.My experience is, that bondholders win most of the timewill buy more under 30
The same way K-mart did it. FMXI goes to zero, the bond holders get the newly issued stock and Foamex operates with no debt. The only problem for existing shareholders is that their stock would have no value.