From the latest 8-k filing...
Quote:
The Company cautions investors and potential investors not to place undue reliance upon the information contained in the Monthly Operating Report, which was not prepared for the purpose of providing the basis for an investment decision relating to any of the securities of the Company. The Company cannot predict what the ultimate value of any of its securities may be and it remains too early to determine whether holders of any such securities will receive any distribution in the Debtors’ reorganization. In particular, in most cases under Chapter 11 of the Bankruptcy Code, holders of equity securities receive little or no recovery of value from their investment.
For those of you looking to gamble your hard earned cash on this, you'll likely end up with nothing.
It does sound like a BK exit plan is coming in September, so thats nice for the RJET folks.
AIRLINE
09-02-2016