In a liquidation sale, common stock holders only get paid if there is money left over after everyone else gets their cut. Creditors, bondholders and preferred stock holders are ahead of them in line.

It’s also worth pointing out that the company is not publicly traded, it’s privately owned, so in effect the shares were always worthless. It’s not clear to me if they were actually ownership shares or just options against the possibility of the company going public at some point in the future.

At what point do they stop pretending they are all about reducing government waste?

I’m pretty sure the avian flu outbreaks have had a much more significant impact on the price of eggs than any state regulations. I suppose they’ll try to blame California for that, too.

I don’t go around scanning random codes, but often times I have to scan a code for something like paying for parking. How can I know if someone put a sticker over it with a malicious URL?