Message Font: Serif | Sans-Serif
No. of Recommendations: 0
The holders of common stock who currently own 100% of the company will own only 5% of the company shortly. This is a result of the debt for equity swap that was approved at the end of December. The company did not file for bankruptcy but for the stockholders the result is the same, the shares will be worth very little.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.