/biz/ - Business & Finance

>>55685242
Ooooo I'm shilling so hard by calling it a gamble and saying it has no use case oooooo

>>55497155

>>55088284
ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

Filing for Chapter 11 bankruptcy does not necessarily mean the end of a company. Chapter 11 is a section of the United States Bankruptcy Code that allows a company to reorganize its debts and operations in order to regain financial stability and continue operating. It provides a legal framework for the company to work out a plan to repay its creditors over time while still maintaining control of its assets and operations.

During the Chapter 11 process, the company typically continues to operate, and its management remains in control, although under the supervision of the bankruptcy court. The company works with its creditors and other stakeholders to develop a reorganization plan that outlines how it will address its financial obligations and return to profitability.

If the reorganization plan is approved by the bankruptcy court and the company's creditors, the company can emerge from Chapter 11 and continue its operations with a more sustainable financial structure. However, if the company is unable to successfully reorganize, it may be forced to liquidate its assets and potentially go out of business.

In summary, while filing for Chapter 11 bankruptcy is a sign of financial distress, it does not always mean the end of a company. Instead, it provides a legal process for the company to attempt to restructure its debts and operations in order to continue operating and return to profitability.

>>52759794
Law of attraction is not true, it's partially correct because they're recognizing a pattern but draw the incorrect conclusions. I'm in sales and I meet people in this CULT. There are guys I know who literally say "affirmations" to themselves in the shower about how a million bucks is coming to them. I'm not saying it's all untrue I'm just saying be careful with these partial truths. A lot of the time a small truth is converted into a large lie and we get duped while someone acquires money and power. Be wise and keep your wits about you. Just had to tell you since we're so much alike! You attract what you are! ;)