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72641842 : they'd need a private placement offering from someone. basically some investor bails them out gives them a bunch of money in exchange for a bunch of shares options or warrants. also after the r/s they just dilute their stock with an offering easy money too.
thanant OP 72641842 : That's why I closed all my positions. I hope the dilution will happen after the reverse split.
72641842 thanant OP : that's the worst thing a shareholder likes to hear but it will be necessary I'm out too though
thanant OP 72641842 : I have already closed all with double profit. I closed the remaining shares after the court’s result was announced. There are two scenarios that will happen: 1. BK 2. Dilution.
thanant OP 72641842 : still are you holding ?whats your avg ?
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