thanks for the information, it is much appreciated. can we assume that the common shareholders will no suffer as in the typical bankruptcy proceedings so that we do not loose our shares. it seems that the company will become financially stronger by disengaging from parts that have been unproductive. if that is the case, the stock is a real bargain if you buy t this price level. your comments appreciated.
Possible Joint Venture with a Major Chemical Co.
I agree with your points. Also, if the company could enter into a joint venture with a major chemical company such as Dupont that would take over production, assuming major contracts could be procured, then certainly this stock has a future.