then why this stock drop like a rock ?????, isnt the market capital just around 10 mio ???
It's panic selling. It will settle down and the price will go up to reflect the actual value of the purchase price. This is a great chance to buy the cheap shares and turn over a double profit, imo.
Sentiment: Strong Buy
What's the PPS would be now with JCI deal... $.20?
Because the money goes to the creditors, not shareholders who will be left with nothing in the end, as they rank below creditors in Chap 11 proceedings.
Well this is still setup for a kitty bounce.