Small positive for Ethan holders... CMA Corp (CMV) resumed trading having been in suspension since February 2010. Resumption of trade can happen if there is something worth salvaging.
Now, the negative... They did a 1:40 consolidation and still dropped 25% on the open!
Something worth noting, CMA was a $400M company and incurred a number of write-downs with substantial debt. Ethan will require far less capital (less dilution) to survive. Once again, assuming there is something worth salvaging.
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Small positive for Ethan holders... CMA Corp (CMV) resumed...
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