OTCPK:JENGQ - Post by User
Comment by
SlickRick40on Aug 10, 2022 7:26pm
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Post# 34886770
RE:RE:Is JE Halted?
RE:RE:Is JE Halted?Tommy123 wrote: Why would it be $0.01? You don't think they can stage a comeback? It can't get much worse, so this would be the time to buy.
SlickRick40 wrote: Why isn't it trading at $0.01 right now? Should be Zero
Tommy I'll post this clip from the press release. Tell me what you think it means. ''''Under the Stalking Horse Transaction, no amounts will be available for distribution to general unsecured creditors and all currently outstanding shares will be cancelled or redeemed for no consideration'''.