Good Natured Products Inc V.GDNP.H

RE:RE:RE:Chapter 15 of Title 11

[shareswapper]

I guess the silver lining is at $.015 we were already trading as though we are bankrupt so as long as we continue to trade on the NEX it's hard to picture us going any lower.  At a current market cap of $7.3 Million it's hard to picture us going to $.01 or $.005 at least not more than temporarily.  Might be a bounce play here if it does.  Might keep some powder ready for another half penny drop and see if I can scalp a trade out of this Bad Girl.  I figure a Monitor is a good thing cause it forces them to sell assets and downsize further, which will strengthen us for the longer term or barring this and the company fails equity holders might get a Dime per share out of this on a bankrupty court ordered sale.  I'm good with both scenarios.  interesting how this will play out.  First move is the Monitor should have the BOD ace most if not all management.  At this point they are just a huge cost and must go.  Second, we need an Insider White Knight to give us some short term loans and finally, we need to sell some bricks and mortar sooner than later.  This move might be exactly what we needed to shake thigs up and force a turn around.  Let's see ....