Nevermind I didnt see this ...
"On August 2, 2012, Genta Incorporated (the “Company), intends to file a voluntary petition for relief under Chapter 7 of the United States Bankruptcy Code (the “Code”) in the United States Bankruptcy Court for the District of Delaware (the “Filing”). Upon the Filing, a Chapter 7 trustee will assume control of the Company and the assets of the Company will be liquidated in accordance with Chapter 7 of the Code.
Further information will be provided following the Filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Upon the Filing, the officers will be terminated, and the directors will resign effective immediately upon the Filing."