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Crow3

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Crow3

Re: pennstreet post# 43686

Tuesday, 09/02/2014 1:05:37 PM

Tuesday, September 02, 2014 1:05:37 PM

Post# of 45771
Reorg under chap 11 can be a good thing, depending on the success
of the reorg. Trouble is the CDEX reorg has resulted in nothing good for any shareholders. Or lenders.

A reorg under chap 11 does end any legal squabbles which WILL occur without the sanctions of the court.

Court approval settles it all.

Which is why JB was chosen as CEO. He is well experienced on BK and does not mind stretching the truth in his representations.

Ole Crowe

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