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Microcap & Penny Stocks : ACRT about to move to new highs
ACRT 0.110-7.6%Dec 30 4:00 PM EST

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To: Cube who wrote (6003)6/22/1998 2:27:00 AM
From: Mr. Pink  Read Replies (1) of 7054
 
It is called involuntary bankruptcy and the test in a corporate filing is 2/3 of creditors in number and over 1/2 of debt in amount can file if a corporation is in default.

For an individual, a judgement may be obtained and if it is not complied with, a filing of bankruptcy may be made. Fleeing nocturnally camelian-style could be a condition to obtain an involuntary bankruptcy.

Mr. Pink
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