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Re: MasterBlastr post# 71321

Saturday, 03/07/2015 6:52:13 PM

Saturday, March 07, 2015 6:52:13 PM

Post# of 71458
I'm talking about a 100% write-off of the debt (100% debt elimination not a partial reduction) in exchange for equity, which then undergoes a final R/S. If its not comprehensive then you're correct about it being a trap.

Again, from the debt holders perspective, they need certain guarantees, and management needs to take a large haircut of its own.

Comprehensive.

The paradox of iHub: buy high, sell low

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