All Quiet

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So insurance reimbursements have been lowered again - I'd start looking for a better job and there are much better jobs out there. The best thing that can happen to anyone is another RIF. It happened to me and they asked me to come back after 6 weeks and having had a huge burden lifted off my shoulders for not working there anymore, I said no way - I found something MUCH better - Rotech is a demeaning job, with managers trained to find deficiencies in employees to make them think they can't do better elsewhere - get out while you can.
 












I am not sure how much more the employees that are left can take. More cuts to come, less benefits, no raises & moral is at an all time low. Since January 1st, employees with years experience are leaving. Not to mention the ones that have left in the last 6 months. They are the smart ones to secure a job with other companies. The stars are lining up. It's only a matter of time.
 






A few years back Rotech stock was on the cheap ( like counted in cents not dollars a share ). I considered a large purchase until I heard about the preferred stock that the execs were not selling. This is one of the reasons you may be having financial viability issues. Never buy stock if your company execs have a preferred stock for themselves.
 






Anonymous said:
A few years back Rotech stock was on the cheap ( like counted in cents not dollars a share ). I considered a large purchase until I heard about the preferred stock that the execs were not selling. This is one of the reasons you may be having financial viability issues. Never buy stock if your company execs have a preferred stock for themselves.
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Seems like this whole BK could have been a set up for a sale that is coming soon. Are people seeing signs of this also? As a shareholder who was pre bankruptcy (not a great position to be in as you point out in the end) it would sure be a pleasant suprise to get something out of this Dog. I highly doubt it though. At this point I would be really happy with the 10 cents a share they promised up front. But myself as well as others will more then likely get zero. I am sure we will find out here soon since it seems like everyone is paid. I am not going to hold my breath though for anything good in the end.
 






Anonymous said:
Seems like this whole BK could have been a set up for a sale that is coming soon. Are people seeing signs of this also? As a shareholder who was pre bankruptcy (not a great position to be in as you point out in the end) it would sure be a pleasant suprise to get something out of this Dog. I highly doubt it though. At this point I would be really happy with the 10 cents a share they promised up front. But myself as well as others will more then likely get zero. I am sure we will find out here soon since it seems like everyone is paid. I am not going to hold my breath though for anything good in the end.
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Thanks in great part to our CORRUPT legal system.
 






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