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Procter & Gamble Co T.PG


Primary Symbol: PG Alternate Symbol(s):  N.PG

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.


NYSE:PG - Post by User

Comment by MudCreekeron Nov 10, 2018 7:58pm
81 Views
Post# 28955951

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I am OUT!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I am OUT!I'm no lawyer.  I have a little experience, as twice companies I worked for went through CCAA (the Canadian equivalent of Chapter 11).  American laws are similar to ours, but not identacle, but unsecured creditors do not do well in these procedings.  One would think that ownership of the material in process would remain with Premier, but, the fact is that Premier is listed in the bankrupcy documents as a trade creditor for $5.5 million (which would mean that they owe us that much most likely in the form of gold).  That's the sum that is at risk, and, like I said, unsecured creditors rarely get anything out of these situations.  Even secured creditors get a fraction of what they are owed.
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