LogFAQs > #941146016

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Topic	Stock Topic 7
red sox 777 06/23/20 6:00:21 PM #55:	One company that isn't going bankrupt is GNUS. They announced that they are using the surge in their stock price to pay off all of their debt by issuing stock to bondholders to replace their bonds. With zero debt on the books, bankruptcy should be impossible. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:941146016] in Stock Topi... [t:78792868]...</cite> <quote>One company that isn't going bankrupt is GNUS. They announced that they are using the surge in their stock price to pay off all of their debt by issuing stock to bondholders to replace their bonds. With zero debt on the books, bankruptcy should be impossible. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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