Posted On: 04/29/2016 10:45:50 AM
Post# of 101
$ARIOQ - Reorganization plan APPROVED per 4/28/2016 in court
- Common shares remain intact
- 80% of restricted shares wiped out
- Several claims expunged/eliminated
- Fresh start with almost NO DEBT (!)
- A/S = 1 billion
- Q will drop soon
- Payroll Funding Co. taking over $ARIOQ
- Gross profit of $42.500 in February
- Merger + name change is possible
More info about Payroll Funding Co.: http://payrollfundings.com/
More info about the product of Payroll Funding Co.: http://payrollfundings.com/wp-content/uploads...2015_1.pdf
Disclosure Statement in Chapter 11 Bankruptcy ~
Friday, March 11, 2016 ~
* Hearing on Disclosure Statement set for 4/28/2016 at 02:00 PM
* Objections due by 4/14/2016
https://www.pacermonitor.com/public/case/8758...logies.Inc
What is the Disclosure Statement in Chapter 11 Bankruptcy?
http://alllaw.com/articles/nolo/bankruptcy/di...er-11.html
ARIOQ
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