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Re: Donotunderstand post# 474220

Friday, 03/17/2017 10:06:32 AM

Friday, March 17, 2017 10:06:32 AM

Post# of 727433
To answer your question: Yes.


What the PR is saying is that you can guarantee that the escrow was/would be used for disputed shares. (Which it has, first distribution was 1.4 million shares from Disputed Equity Escrow.)

What it's also saying is that there is no guarantee of cash (not entitled). There never was. Cash was dependent on allowed claims being paid in full. Senior claims, were left impaired and otherwise was not expected to receive full payment on their claims.

...Escrow CUSIPS do not, in and of themselves, represent an entitlement to any possible future cash distributions



Since the plan confirmation, many claims were disallowed/allowed/settled and many of the allowed claims are being paid in full.
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