Thanks for the information but I decided to sell my 5100 shares at .023 for a whopping total of $109.11 enough to take my girl out to dinner. I can't believe I started buying at $7. Was averaged about $4.35. So I guess I still have a big enough right off.. since 2009 I lost a total of $99,870.00 holy #$%$ hundred thousand dollars gone. Oh well Life Goes On.
Can someone please tell me to the best of your knowledge. Are shareholders screwed meaning are current shares now worthless.. is it worth holding the shares we now have. I am not a bankruptcy attorney. I'm not an idiot but some of these 8K confuse me when reading them.. the way I understand it all current equity meaning current shares will be extinguished. Or are we going to get a portion of new submitted shares
Why were you surprised they file for bankruptcy the share price has been Trading between $0.04 and $0.10 for a long time this should not be a shock to anyone
Maybe common shares have not been wiped out debt holders purchased them at rock-bottom prices while everyone else was selling after restructuring share price will go much higher they will be holding all the cards.. just a thought but I doubt that's the case
Yes we lose everything I lost $24,000 second oil company I have purchased that file for chapter 11 I don't have good luck
It looks like it's taking one final gasp of air before it dies.. still looks nice seeing it green all we need now is 4 more dollars so I can sell
I don't believe anyone has any source or anyone on the inside I believe people come on these boards just to sound important like theyre some big-time Trader and they know inside information,, the fact is nobody on this board knows anything., of course that's just my opinion
There are those who want the stock to tank more so they can buy,, what the hell you talking about. It's trading at $0.07 from $16. I don't think anyone he's hoping it will drop further so they can buy.
It's great having hope I'm still holding but the truth is this company will file for bankruptcy and all stockholders will be left with nothing I've seen it before. Putting a positive spin on something just makes it feel like there is a chance but I think everyone here knows the end result
All Muslims should die they're no good for society they serve no purpose they are only looking to take over the world like locusts. The reason Muslims succeed is because people disagree with my post,, the bleeding hearts of America and the world who think everyone is nice and deserves a chance,, that is all b*******
At least Obama will leave something behind to be remembered for that piece of #$%$ that he is
When looking to go along and enter at lower prices, you must be patient and sit through all these fake and phony Rally's