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Re: USOB post# 5384

Wednesday, 03/22/2017 7:28:53 PM

Wednesday, March 22, 2017 7:28:53 PM

Post# of 6386
Thank you. That was my first thought regarding the departure of the Goldbergs. Giving up their board seats a week or so before bankruptcy does not absolve them of any potential lawsuits from shareholders or noteholders in the event of bankruptcy. So my thoughts were that this move was a prelude to financing by MTIA or some other entity (less likely, in my opinion). Ramad's idea of a merger is also interesting and certainly more palatable than bankruptcy, assuming a material return for shareholders.

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