"Important factors that should be considered as potentially causing actual results to differ from those contemplated by forward-looking statements include, but are not limited to (i) the fact that we are currently not conducting business operations and will have no operations in the future; (ii) we are currently winding up the Company’s business and distributing the proceeds of the court-supervised sale of substantially all of our assets, after which we expect to file a plan of liquidation with the bankruptcy court; and (iii) even though our common stock continues to be quoted on the Pink Sheets, our common stock has no value and our stockholders should not view the trading activity of our common stock on the Pink Sheets or any other market or trading platform as being indicative of the value our stockholders will receive as a part of the chapter 11 cases."
I must admit, this language pretty much seals it. It doesn't sound like any Plan of Reorganization is going to be filed, does it? Sounds like liquidation (CH 7 conversion) is coming soon.
What a total scam of a mangement team we had in place here. Only hope left is that the NOLs have value to someone who may use them and recapitalize the empty shell. Somehow I doubt that too. The company was stolen from us right in broad daylight.
Once again distorting the facts. The excluded assets which have yet to be determined belong to the empty shell. You will find out soon enough that the excluded assets involve the international subsidiaries and the kiosks.