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Re: sorkin post# 1190

Wednesday, 01/20/2016 8:57:11 AM

Wednesday, January 20, 2016 8:57:11 AM

Post# of 1329
The shares will be canceled

There is no way to save the common shares. Stockholders equity is over $600 million negative.

Even a few of the bonds series are going to suffer large losses, and those are higher in priority in the classes for bankruptcy than the common shares, so there is no way the common shares survive.

I expect the common shares will be canceled before the end of the year, once the plan is confirmed.

Louis J. Desy Jr.

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