360networks Inc - Stock did a 180 into bankruptcy

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360net
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Beautifully engraved Certificate from the 360networks Inc . This historic document was printed by Quebcor Fianacial and has an ornate border around it with a vignette of an allegorical man in front of a wheel. This item has the printed signatures of the company's officers.
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Certificate Vignette
360networks offers optical network services to telecommunications and data communications companies in North America. The company's optical mesh fiber network spans approximately 40,000 kilometers (25,000 miles) in the United States and Canada. On June 28, 2001, the company and several of its operating subsidiaries voluntarily filed for protection under the Companies' Creditors Arrangement Act (CCAA) in the Supreme Court of British Columbia. Concurrently, the company's principal U.S. subsidiary, 360networks (USA) inc., and 22 of its affiliates voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. In October 2001, four operating subsidiaries that are part of the 360atlantic group of companies also voluntarily filed for protection in Canada. Insolvency proceedings for several subsidiaries of the company have been instituted in Europe and Asia.