Originally Posted by
newarkblows
After they settle their debt issues and come out with how much stock they will have to issue to appease some of their bond holders (which is a bad deal for bond holders btw) it will be a little more clear where the stock will settle. Right now i think the bond holders will renegotiate their % rates charged to xjt and everyone will be happy. One major problem with your purchase could be that xjt might be delisted... probably wont happen but might ... It usually takes about 6 months after the initial 30 days below 1.00 to be delisted.
That is a concern but if they are delisted I don't lose my money. They are just considered penny stocks and are still traded. But after they're finished reorganizing I feel that their stock will climb out of the gutter.