Well, that's it then... I sold my shares today. It really is dead, I guess... This sucks!
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Thursday October 2 10:45 AM EDT
Data 1 files for Chapter 11 protection
SARASOTA, Fla., Oct 2 (Reuters) - Data 1 Inc, a supplier to the computer industry, said Thursday it filed for bankruptcy protection under Chapter 11 of the U.S. Banruptcy Code on September 24.
Data 1 officials were not immediately available to comment on the filing.
The company's stock was trading at $0.0375 on Nasdaq's bulletin board, down $0.0025.
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Thursday October 2 10:27 AM EDT
Company Press Release
Data 1, Inc. Files for Chapter 11 Protection
SARASOTA, Fla., Oct. 2 /PRNewswire/ -- Data 1, Inc. (OTC Bulletin Board: DMEM), a Utah corporation, announces that it filed for Chapter 11 Protection under United States Bankruptcy Code on September 24, 1997, Case No. 97-15827-8P1. The purpose of the Chapter 11 Bankruptcy is to reorganize and restructure its debt to pay all creditors in a fair and equitable manner. The common stock is traded on the Nasdaq Bulletin Board.
SOURCE Data 1, Inc. |
