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LouisDesyjr

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LouisDesyjr

Re: buylow2 post# 1292

Wednesday, 09/21/2016 2:01:22 PM

Wednesday, September 21, 2016 2:01:22 PM

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Appeal of plan? Not likely

It would not make any sense. The unsecured creditors are taking a large loss, and they would need to be made whole before the existing common shares got anything.

The other problem, is what basis would they appeal on? The company is bankrupt.

Louis J. Desy Jr.
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