GREY:NMKEF - Post by User
Comment by
Calgary_ABon Oct 20, 2020 4:48pm
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Post# 31749808
RE:ccaa didnt save us as it should have
RE:ccaa didnt save us as it should haveThere is nothing that would have saved you, I told you 3 years ago how it will play out....
GB sold the company to sharks when he did the financing as well as there was nothing left in the company, all future production already sold and promissed...NOTHING would have saved you...
No investor in their right mind would invest new money just to keep all the stupid promisses GB made and share any future profit with a billion shares that GB issued...all promisses had to be cleaned up including the retail shareholders.
Tcheck wrote: A Chapter 11 bankruptcy gives a company the ability to stay in business while it reworks its borrowings, negotiates rent reductions and closes underperforming locations. In the event of a liquidation or bankruptcy, AMC’s shareholders would likely suffer a total loss of their investment, the company said.