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vitamin guy GNC 6 years ago #11

I predict 5 cent close today, and 2 cent close by next Friday, any other predictions??? Xxxxxxxxxxxxxxxxxx

vitamin guy GNC 6 years ago #12

What don’t you understand, the bankruptcy has been dismissed. It’s over!! It’s off the courts docket for good. They have exited bankruptcy, and are now owned by Harbin. They have no shareholders, they are a Chinese private company, shareholders are left with nothing!! Lights out!! Is that so hard to understand!! Xxxxxxxxxxxxxxxxxxxxx

vitamin guy GNC 6 years ago #13

Shares will continue to trade, but they aren’t attached to gnc any longer. They will get to sub pennies in the very near future. Xxxxxxxxxxxxxxxxxxxxxxx

vitamin guy GNC 6 years ago #14

Did you read the court documents. The chapter 11 was released. That means it’s over, Harbin was accepted as its owner. It’s not thrown out and goes anywhere. It’s over, done, no more hearings. Gnc is now officially owned by Harbin. 100% owned by Harbin. Your shares are not connected to gnc any longer. They will continue to trade, because there are a lot of stupid people that want to believe in this, but it will continue to go down. Cxxxxxxxxxxxxxxxxxxxxxxxx

vitamin guy GNC 6 years ago #15

Why would they buy your shares??? It’s not quite that easy. They would have to pay negotiate with the unsecured creditors first, then the preferred shareholders, then you. There is no reason for Harbin to sweeten their offer, nobody else bid. If Harbin simply says they aren’t paying a nickel more, and the judge doesn’t allow this bankruptcy, then they liquidate. There aren’t anymore options, unless gnc can pay off the notes due, and they don’t have the money. Quit dreaming, and quit spreading false hope, this is over, take the few pennies left on the table, and go have a nice dinner. There is no way this is going up!!! Xxxxxxxxxxxxxxxxxxxxxxxxxx

vitamin guy GNC 6 years ago #16

It’s just a process now, and it appears that the judge will approve this. The judges decisions are primarily based on the secured creditors first, and the employees second. This proposal makes the secured creditors happy, and the majority of the employees can continue to work. If the rules against this, GNC will be forced into liquidation, seeing they don’t have the money to pay the loans due. They didn’t have the money before bankruptcy, and we all know, things haven’t gotten better for them. Seriously, think about it from the judges point, how could he not accept this. There isn’t a second viable offer, and their we’re not other bidders. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

vitamin guy GNC 6 years ago #17

You guys are dreaming. Look at the judges options. Let the bankruptcy go through, and the secured creditors get paid off, and thousands of jobs are saved, or don’t, and the company is forced to liquidate, and all those jobs are lost. They won’t get as much in liquidation, and they don’t have the money to pay the notes that are due. They aren’t in bankruptcy because they want it, they are broke, look at the debt. No money and a billion in debt. Get real, the judge is gonna rubber stamp this in thirty seconds, it’s over!!! Sell what you have, and buy buy a nice dinner, it’s the best your gonna get. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

vitamin guy GNC 6 years ago #18

Answer, NO!!! They went bankrupt first. Shareholders were wiped out in bankruptcy!!

vitamin guy GNC 6 years ago #20

Zero is the number the shares will be worth, exactly what gnc said when they entered bankruptcy. If the court doesn’t approve this (and they will) the company will have no choice other than 100% liquidation. Either way, the stock will be zero. Cxxxxccxxxxxxxxxxx