
Wednesday, May 06, 2015 10:21:29 AM
The talk about lawsuits has turned away most investors that are looking for a quick resolution.
Two things matter, regardless of the lawsuit outcome.
1. Voting rights are intact.
2. There is a $25 liquidation preference.
The lawsuit has actually thrown the valuation of these shares out of whack. If not for the lawsuit, people would have bought these long ago hoping for a quick restructuring.
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