…. This according to MarketWatch
Well this is one less law suit.
All the below stats according to Yahoo Profile:
We had 10,000 employees now down to 9,000 employees.
URBN* has 8,880 employees stock price at $30.59
ANF* has 8,000 employees stock price at $20.21
AAP has 9,000 employees stock price at $00.18
SOLUTION: Move out of LA to a southern right-to-work state or better yet off-shore
*renee/Dov/Daddy has/had nothing to do with these companies which accounts for their success.
Aéropostale Considers Reverse Stock Split to Bolster Beleaguered Shares. What good will that do? I’m guessing that American Apparel will be considering the same option.
The younger generation doesn’t give a rats butt if a company is listed on the NYSE, NAZ, or PINK SHEETS or if it’s made in the USA, they want style at a good price. Move off-shore and give them what they want.
I say forget the r/s and go Pink! The r/s does nothing for the Company or shareholders. It's a phony way to get the stock price up above the $1 mark.
... worried about you girl!
reneechastain9 (Dov/Daddy) it’s a bad day for all of us; we all lost. The latest article from Mashable looks like part of APP’s bankruptcy filing was because of lawsuits brought on by you.
“American Apparel hinted that Charney's lawsuits were a factor in the bankruptcy filing, suggesting a reorganization would help handle a "significant litigation overhang resulting from its former chief executive officer's misconduct and lawsuits he has brought against the company."
Above is just a clip of the Mashable article.
Bad news for all that are invested in this company. ALL LOST!
Now dov will have to get into the business of printing 'Need a Job'/'Will work for Food' protest signs for the AAP employees. The man had no idea on how to run this company, it was in ruins when Paula took it over.
OBVIOUSLY the company board messed up when they were offered the $1.40 per share sometime ago.
A SAD DAY FOR ALL!!!
7 Bankrupt Companies that came back.
The Bottom Line
Bankruptcy is often the end of a company, but it doesn't have to be in every case. The companies in the list above have re-emerged from bankruptcy to become profitable and successful. As an investor, it is useful to note that bankruptcy isn't always the end of the line for a company, and that through buying shares of companies as they emerge from bankruptcy, reorganization can be a potential source of excess returns.
The above from Investopedia.
I believe both Kmart and American Airlines could also be added to this list.
Does anyone at Digital Ally know that the heck is going on? They all appear to be a bunch of losers.
We need to bring in some high school-rs or some eight graders to see if they could possibly be able to turn this company around.
I should have read the articles, it almost sounds as though this bankruptcy filing might be a good thing for the company. Only time will tell. It's all above my head which says a lot.
Will this bankruptcy filing wipe Dov's numerous lawsuits from the books?
Last weekend was a bad weekend for the APP shareholders with the bankruptcy filing. Let’s hope that this weekend or next weekend we have some good news say about a buyout of the company, or maybe a hostile takeover of the company.
Maybe Charney can team up again with Soros and maybe some friends this time as one of the bidders for the Company.
If they are not suing then the article may be somewhat correct.
APDN better be SUING!!!!!