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Microcap & Penny Stocks : GROS- Grossman's: A $.70 value play

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To: Albert B. Kisselburgh who wrote (124)5/10/1997 8:20:00 PM
From: Sam Miller   of 174
 
To all, Generally when a company comes out of chapter 11 bankruptcy the creditors end up getting all of the company and new stock is issued. All of the old shares are cancelled (become worthless). Until something comes out on how much of the company existing shareholders will keep, if any, this is still a high risk investment.
Good Luck
Sam
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