The Company is a global provider of in-home rental and retail movie and game entertainment, with over 8,000 stores in the United States, its territories and 22 other countries.
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Aiming for another Bankruptcy here. This company has huge debt problems, so they may get trounced in the current environment.
Call it restructuring or call it bankruptcy, the end result is that common shares will be worth less -- a lot less. Less than today? Well, I think so, but it's hard to be worth less than nothing, right?
Yes, but they may be worth a few dollars more than nothing per share soon, They are not giving up yet!