GNC GNC

Anyone that owns stock in this company, can only blame themselves. The company announced when they filed bankruptcy, that the stock will probably be worthless, and you still invested. There is zero chance the shares will have value. You can take the little you have left now, or continue to watch it go down. There is nothing that will make this move up. Even good earning, won’t fix the billion plus in debt. It’s over, they will emerge from bankruptcy, with new stock, just like GM did years ago. Shareholders got nothing. Get out before you lose the little you have. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Gnc will not release earnings!! There is no reason for them to release them. They don’t have to, and they don’t care on out the stock price. They only care about selling the company to the highest bidder. If they can’t find a bid high enough to satisfy the creditors, then they liquidate!! Still no reason in the world to release numbers. OTC doesn’t require, so why would they??? Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Harbin’s money would go to the creditors , not the shareholders. Nothing for the shareholders, nothing!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

My prediction!! 10 cents by Friday!! Anyone else wanna guess?? Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I wouldn’t call them Bears!! There are two types of people on this board. DREAMERS & REALISTS!!!!!!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Realists!!

I wouldn’t call them bulls!! There are two types of people on this board, Dreamers & Realists !!!!!!!!!!!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxx

Mo, to answer your question. Usually in a restructure of this kind, the secured creditors will get issued new stock. Not many times will there be a large enough of an offer to pay off the secured and non secured creditors, leaving nothing for the shareholders. This offer would probably need to be over 2 billion before there was anything left for the shareholders. I doubt they will fetch anywhere near that, especially during covid!! Good luck Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Come on, can you people really be this stupid, to think the shareholders are gonna get one cent. Really!! Name a company that came out of bankruptcy that the shareholders got a nickel. Even gm that had way more value, shareholders got zero. New stock issued to secure creditors. Same thing here!! The secured creditors call all the shots!! They care about their money, not yours. The management will receive shares in the new company, to stay on, and the current shareholders will get nothing. Gnc doesn’t have that great of name to warrant huge money, especially during covid. Take your licking, stop dreaming, and move on!! This is a dead duck!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

With 1.2 billion owed to secured creditors, then god only knows what’s owed the non secured creditors, they would probably need over 2 billion before shareholders would get a nickel Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx