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Hugodrax

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Hugodrax

Re: light1soldier post# 31231

Wednesday, 11/30/2016 1:17:47 PM

Wednesday, November 30, 2016 1:17:47 PM

Post# of 36208
Sorry but you have no idea what you are talking about.

In a chapter 11 reorg Assets less Liabilities = Equity. Liabilities are way, way, way, higher than the value of the assets. Period.

Equity will be cancelled. 100% certainty.

________________________________________________________

Caller: But why did you back away from your prior guidance?

Eric Kelly: I am sorry? Hello?

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