Bitcoin Forum

Bitcoin => Press => Topic started by: Ripdon007 on April 05, 2014, 07:10:54 PM



Title: [2014-04-05] Neo & Bee Resume Trading, Share Price Drops to 0.0001 BTC
Post by: Ripdon007 on April 05, 2014, 07:10:54 PM
Why the hell would they resume trading knowing how messed up the situation for them is... wow... https://coinreport.net/neo-bee-resume-trading-share-price-drops/


Title: Re: [2014-04-05] Neo & Bee Resume Trading, Share Price Drops to 0.0001 BTC
Post by: freedomno1 on April 05, 2014, 10:17:21 PM
Why the hell would they resume trading knowing how messed up the situation for them is... wow... https://coinreport.net/neo-bee-resume-trading-share-price-drops/
It is interesting but at least it's labeled with the Q rating stocks are given
https://www.sec.gov/answers/qadded.htm

"Q" Added To Stock Ticker Symbol

When a company is involved in bankruptcy proceedings, the letter "Q" is added to the end of the company's stock ticker symbol. In most cases, when a company emerges from bankruptcy, the reorganization plan will cancel the existing equity stock and the old shares will be worthless. Given that risk, before purchasing stock in a bankrupt company, investors should read the company's proposed plan of reorganization. For more information about the impact of bankruptcy proceedings on securities, please read our online publication, Corporate Bankruptcy.