Replies to post #870 on J.G. Wentworth Company (fka JGWEQ)

[MOCKBA]

Im sorry, you are getting it all wrong and i really dont have time to babysit here.
This is the OTC, the basement, Newton laws do not apply here

[SilverBack]

"All existing equity interests of PubCo will be cancelled without recovery." First you need to understand what equity interest means and you left out the words partnership equity interest.

They are referring to their partnership equity interest debt note holders not retail.

I thought you understood yesterday with the link I gave you explaining the difference?

Glad I could clear that up for you again

[Homebrew]

Means shares are worth $0

"...Am I mis taken by the meaning of following excerpt from it "All existing equity interests of PubCo will be cancelled without recovery."?..."