Thet filed their 10K yesterday. I skimmed it, they've been in Chapter 11 since early 2006 and it appears they plan to re-emerge on Friday 10/20. This statement is copied from their 10K and tells you why you should get out now:
"Upon consummation of the Plan, our existing common stock will be cancelled and have no value. Under the Plan, all of our existing common stock will be cancelled upon consummation of the Plan and the holders of such securities will receive no recovery. This has caused a significant negative reaction from our stockholders and may adversely affect our ability to attract new stockholders in the future."
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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