Bankruptcy Watch

Posted: November 2, 2009 at 4:05 pm

VeraSun Energy Corporation (OTC: VSUNQ), which filed for Chapter 11 protection on July 31st 2009, announced that the 158 million shares of common stock in the company have been cancelled.  The shares currently trade at $0.0055.  No new shares will be issued.

On October 30th Otter Tail Ag Enterprises LLC, an enthanol producer, filed for relief under Chapter 11 with the United States Bankruptcy Court, District of Minnesota.  

Garrett W. McIntyre

Read more: Bankruptcy
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