GREY:SWYDF - Post by User
Comment by
griefmanon Sep 09, 2019 7:34pm
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Post# 30110737
RE:shareholders
RE:shareholdersYou’re missing the key ingredient...they are declaring bankruptcy!
Think about what that means legally...we all are separate entities that may own, as an example, $4 grand of stock...you’re going to be the absolute last entity that will see any funds because that’s the way bankruptcy works....so you will almost absolutely receive nothun, zip, zelch, because you are on the bottom of the totem pole...sure you own shares and thus part of the company, but you’re so irrelevant to the big picture....sorry, that’s the way it works and if anyone who is better versed in these issues can expand on that, please do!
All the other noise, is a result of them looking after the top of the food chain, and the government trying to save 500 jobs.
Although not rocket science, it can be confusing when it comes to legal jargon, etc..