Swissco's trading status is now reflected as "Suspended"

As of this morning 12 Oct 2016, Swissco's trading status has been updated and reflected as "Suspended" from the earlier "Halted".

Under the circumstances, this can only mean bad news for bondholders and now also shareholders.

The reasons for the trading suspension are two-fold:

1.   In view of the debt structuring plan and,
2.   On-going lawsuits - see attached link below:

On-going Lawsuits (link)


Will bondholders and shareholders be able to get any money back?

The last traded price was 5.2 cents.   I'm afraid it will no longer even be 5.2 cents after it resumes trading again.