Is there any scenario..??
posted on
Aug 15, 2017 10:45PM
I don’t know if this is a dumb question/moot point etc, but is there any scenario at all in which the shares we hold onto end up NOT being worthless?
I will put a completely hypothetical, and I understand, unlikely, situation into play here. If something were to happen that would turn this Chapter 7 into a Chapter 11, with the company still technically existing, could someone come in as a “white knight” and take over this company, perhaps rename and go from there? Let’s say, again hypothetically, that it DID get switched to a Chapter 11, and Pat came in to help reorganize/rebuild and finally sell this tech in a way that FF never knew how or cared to. The stock is after all still trading, and if this continued and it did go to Ch 11, well then would our shares then still be viable? Is this scenario even possible, even if highly unlikely?