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Re: eddy2 post# 6316

Tuesday, 06/23/2015 11:48:10 AM

Tuesday, June 23, 2015 11:48:10 AM

Post# of 6673
The company owes about $700,000,000 to debt holders. That has to get paid first before the shareholders see anything once the bankruptcy is finalized. There is basically no more money to be found. The most senior debt got about 40% of what they are owed. Everyone else is getting nothing. That's the best way I can explain it.