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Re: MikeBK205 post# 1020

Thursday, 09/08/2016 12:07:09 PM

Thursday, September 08, 2016 12:07:09 PM

Post# of 1571
PGNPQ - Build up to end of September when they are presenting restructuring plan before the court..opinion out there is pretty positive so we'll see~

“We’re pleased that we’ve received definitive support for our Revised Plan,” said Randall D. Stilley, President and Chief Executive Officer of Paragon. “Our next milestone is to seek approval of the supplement to our disclosure statement at our hearing on August 16th before appearing before the court at the end of September to continue presenting our case. With the support of our Bondholders and Revolver Lenders, we remain confident that our restructuring plan will be approved. Our goal is to emerge from chapter 11 quickly as soon as we receive approval and turn our full attention once more to creating long-term shareholder value.”

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