GNC GNC

There is information. You guys just couldn’t read. They are in chapter 11, with little chance anything will be left for the shareholders. Read the original news. The company warned everyone was warned. They will post very little news, and maybe no earning. We little requirements on otc, and no reason to report. Don’t expect any news. Welcome to the wonderful world of otc stocks. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I agree, I’ve been watching these people put money into this, and the company even warned that there will be nothing for the shareholders. It doesn’t make sense, why people think this will turn around. They would need over a billion to to pay creditors, and if I’m not mistaken, that’s the secured creditors. It’s probably much higher now, since they haven’t been paying rent for months, and restructuring costs. Probably need 1.25 billion to get something for shareholders, and that’s not happening. Zero is the value. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Companies in bankruptcy and on otc, seldom send out info. They don’t care about shareholders. They are trying to save a company, and your stock will be worthless soon. They will start putting out info, if and only they pull through. No requirements to report on otc. When new stock is issued, they will start reporting on the new stock and the new symbol. This will just go away .. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I’m betting earnings report will cut this in half. There is no way earnings will be good. Traffic is down in every retailer. On line sales are booming, unfortunately, Amazon is catching most of that. I would assume earning down 50% , and losses for the quarter doubled!! 5 cent stock in two weeks!!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The dark horse offer was pulled, because they couldn’t justify spending that much for this. The numbers can’t justify it, and the possibility of turning this into profitability Isn’t in their sites. They didn’t pull it because better offers, that makes no sense. Their offer would just go away if there are better offers. It’s just not worth throwing good money after bad. They’re writing off their loss, and moving on!! Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Even if they can bring more buyers to the table, it’ll probably just be more for the creditors. It’s gonna take several hundred more million, before anything trickles down to the shareholders. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

There is zero chance amazon wants this. The name isn’t that good, list a lot of luster over the years. Too many franchised stores for amazon, franchises are like having partners, that’s not something amazon wants, and the business model, just doesn’t work in this environment. GNC didn’t transform itself into an internet business soon enough. They also had a big problem getting into the internet. They would be competing too heavily with their franchises, which would have caused a lot of litigation. I think, it’s gonna be sold to Harbin, probably the only offer. Than it’s over for the shareholders. Xxxxxxxxxxxxxxxxxxxxxxxxx

The problem is, if not sold, it will be liquidated to pay the creditors. The secured creditors are caking in the loans. They don’t have an option to move forward as a going concern on their own. If sold, it will continue, but most likely, as a new company. There will probably be NEW stock issued to the new company, and secured creditors, and it will make the current stock worthless. Yes, they have a decent name, that’s why there may be a bidder or two, but they also have near a billion in debt. Almost zero chance, this stock will have any value. Xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Can anyone explain why they think this can go up, anyone!! I’m curious!! They have over a billion in debt. The buyout offer isn’t enough to cover the debt. If they have another 200 million loss this quarter, it only adds to the debt. How do the shareholders ever make money. I keep hearing on the board that the stock is worth up to five bucks a share. Can anyone explain this. So far I’ve read lots of messages, and I don’t see, one sensible explanation, can anyone explain it?? Vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvbbvvvvvvvvvvvvvb

Am I reading this wrong, if Harbin pays 700 plus million, it doesn’t even pay off the secured creditors. That leaves nothing for the share holders. If this is correct, why would anyone buy this stock? Wouldn’t they need over a billion , before shareholders got anything??? Vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvbb