I'm sorry to all those holding, this really sucks, and I fear...

I'm sorry to all those holding, this really sucks, and I fear shareholders will be bottom of the list of and when any of this debt is cleared

I read this article: https://www.telecompaper.com/news/speedcast-files-for-chapter-11-protection--1335816

Claiming restructuring is expected to be complete and SDA will exit from Chapter 11 by end of August. Now I'm far from a Chapter 11 expert, but given their current debt position, drops in industry before COVID, and now even more loss of business since then, I cant see how restructuring and recapatilise debt is really possible in any period of time, let alone by August!

I can't see this ending well, and liquidation of some of their non-core assets is going to hit close to home for me. Interesting times ahead, will keep a close watch.