Fibertower Corp fka FBBT

[rfarmer]

How can you have a valuation analysis done by the former CFO for purposes of the Chapter 11 who was at the helm when they decided not to spend ~$8M - $12M in defensive links in order to preserve the asset?

Then the analysis done by the unsecured creditors clearly contends that they are lowballing the assets, not factoring in the assets in contention with the FCC, and have taken the Debtors $1-$2M valuation of the assets and through their analysis have placed as high a value of $218M. That $218M valuation would have handled the Debtors, The Unsecured Creditors, and provide upwards of $1.75 per share to the common equity.