TSXV:POI.H - Post by User
Comment by
MuadDibon Oct 27, 2016 12:05am
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Post# 25390972
RE:Chapter 11
RE:Chapter 11 Not sure this would fix the issue. Creditors aren't beating down the door. Slyce has a net income problem currently. Zero percent loans can keep it afloat. If SLC can ride it out another year and keep signing customers, there is hope. It will be telling to see how well their clients do with visual search apps this Christmas. IMHO GLTA
Wallcrawler wrote: They can go bankrupt and keep operating, does no one remember gm going bankrupt? existing shareholders end up with nothing, company pays creditors with new stock in the new company and go public again. lol. and thats all legal.