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Re: JH Mcdough post# 914

Tuesday, 06/21/2016 9:28:53 AM

Tuesday, June 21, 2016 9:28:53 AM

Post# of 1571
Hi, valid point, why not ask a simple question. Bankruptcy reorganization is a legal process where each step of the way is another hurdle. The plan they came out with up front in concert with significant parties, has been very thoroughly worked out for the highest likelihood of successful outcome in court.

At this point we are wanting a quick resolution which would be consistent with the plan developed in February, with regard to certain debtor parties which are not getting as great of a deal as they would wish, and therefore motivated to try to sabotage the deal or get more out of it. They do get a chance. Many sway toward that it is more likely than not that the court will look at the big picture and weigh the best outcome for all parties, knowing some will not get everything they want. I don't believe there is much in the way if gets past this.

All to the best of my understanding BTW...

8k from yesterday

I apologize if came across as condescending, that's not right.

Best wishes


Thanks Pisd I have other stocks that i follow sorry I try to see if someone is kind enough on a board to give me the proper information so that I don't have to scroll through every post . I do ask simple questions in the hopes of getting simple answers . I do appreciate your input thank you :)).


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