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Re: iGrassHopper post# 44317

Monday, 12/05/2016 4:59:30 PM

Monday, December 05, 2016 4:59:30 PM

Post# of 47873
'What's the point of ch. 11 reorganization now?'

I asked that a few weeks ago....and answered it myself. McGann and Liscouski want out and their CIC and bonuses. They make no less filing Ch 11 with L3 buying. There was ZERO concern how investors would fare. There is no reason right now to be in BK. With PP in BK, they can't 'call in the loan' anymore as the court handles all that now not PP.

Being in 11 right now is criminal.

As I said before? I'd be ok with jail time for all and wiped out or my 10 point plan.

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