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ilenes

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ilenes

Re: XenaLives post# 7984

Wednesday, 10/22/2014 4:14:25 PM

Wednesday, October 22, 2014 4:14:25 PM

Post# of 41703
I don't share your degree of certainty. Here's how I look at this filing:

In addition to triggering the Apple payments, the BK filing triggered an automatic default on $434 million of Sr. convertible notes, and now reflects a common share price that dropped from $17.15 on 9/8 to approximately $11 when the BK was announced, to today's closing of $.52.

That's alot of skin in the game, just to get Apple to move. At least, I think so.

Ilene
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