Quote:
Originally Posted by Mrbowtie26
Any chance this will not happen and they will try to make it without filing chapter 11 ? I'm thinking of buying up some stocks depending how low they go encase there is a chance.
Thanks
|
Chances are that'll they'll file and issue new stock as the come out. They may offer a trade up to rid the market of the old stock 3:1, 10:1, 100:1
. At least that's what me and some buddies came up with after taken a crash course on corporate bankruptcy laws.