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Re: XenaLives post# 32324

Tuesday, 07/28/2015 10:35:09 AM

Tuesday, July 28, 2015 10:35:09 AM

Post# of 41703
that would be something...! I'm not counting that out. I do not see anything so far to indicate that shareholders will be wiped out, only opinion. By examining the court docs I actually see more evidence to support that GT's equity will remain intact. Slow steady progress to get financing, next they sell some furnaces. They have a plan to get out of sapphire (for now) and pay debt while they "pursue near-term revenue opportunities" says TG. I like that, and expect another near-term PR from GT as the first furnace sales are reported. This tells me they are interested in business continuity and operation while removing debt, not liquidating assets and killing equity. As soon as sales are realized and debt is reduced no need to dilute much imo. The market will pick this up GT will be over a buck in no time... GL

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